The purpose of a profit-sharing plan is to:
A) allow workers to contribute specific knowledge to improving the organization.
B) motivate a total commitment to the organization as a whole.
C) enable workers to share in labor cost savings.
D) instill commitment to the employee's immediate work group.

Question

Quizplus · Accepted Answer

The purpose of a profit-sharing plan is to motivate a total commitment to the organization as a whole, as employees receive a share of the company's profits, creating a sense of ownership and motivation. Option A is more related to knowledge sharing programs, Option C to cost-saving measures, and Option D to team-building programs or cross-functional projects.

The Purpose of a Profit-Sharing Plan Is To