Introduction of a profit-sharing plan is particularly effective when union members participate in plan development.

Name: Introduction of a profit-sharing plan is particularly effective when union members participate in plan development.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When union members participate in developing the profit-sharing plan, they are more likely to feel ownership and buy-in, leading to increased motivation and productivity. This can ultimately result in better performance and increased profits for the company.

Introduction of a Profit-Sharing Plan Is Particularly Effective When Union