A/An ______________distributes a portion of the organizational profits to employees.
A)profit sharing plan
B)team-based incentive plan
C)gainsharing plan
D)employee stock ownership plan (ESOP)

Question

Quizplus · Accepted Answer

A profit sharing plan is specifically designed to distribute a portion of the organizational profits to employees. This distribution may be in the form of cash or stocks, depending on the plan design. The distribution amount is usually determined by a pre-set formula or percentage, and employees may receive the distribution annually or for a specified period of time. Profit sharing plans are often used as a means of incentivizing employees and promoting productivity, as employees have a direct stake in the financial success of the organization.

A/An ______________Distributes a Portion of the Organizational Profits to Employees