Asked by Patricia Czupryna on Jul 09, 2024

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Profit-sharing plans represent one way that wealth can be redistributed at which of the following levels?

A) the international level
B) the regional level
C) the national level
D) the firm level

Profit-sharing Plans

Compensation strategies that distribute a portion of an organization's profits among its employees, often as a form of incentive or bonus.

Wealth Redistribution

The transfer of income, wealth, or property from certain individuals or groups to others by means of a social mechanism, such as taxation, charity, welfare, public services, land reform, monetary policies, or confiscation.

Firm Level

Pertains to policies, operations, or characteristics specific to an individual company or organization, as opposed to industry-wide or macroeconomic levels.

  • Scrutinize the contribution of profit-sharing mechanisms to the increase in organizational earnings and the motivation of employees.
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saqib sarwarJul 13, 2024
Final Answer :
D
Explanation :
Profit-sharing plans are mechanisms used within firms to distribute a portion of profits among employees, thus redistributing wealth at the firm level.