Asked by Jakob Deckard on Jun 29, 2024
Verified
Refer to Scenario 10.2. Meritas wants to keep these employees happy and motivated. Which of the following is NOT a positive impact of implementing profit sharing?
A) having an adverse effect on productivity and employee morale
B) helping stimulate employees to think and feel more like partners
C) encouraging a total commitment from employees
D) contributing to the growth of the organization's profit
Profit Sharing
A corporate program in which employees receive a share of the company's profits, usually distributed through bonuses or as part of a deferred compensation plan.
Adverse Effect
A negative outcome or harm that results from an action, intervention, or event.
Employee Morale
The general perspective, mood, contentment, and assurance experienced by staff in the workplace.
- Evaluate the influence of profit-sharing initiatives on organizational revenue growth and the incentive of workforce engagement.
Verified Answer
HB
Henry BwambokJul 01, 2024
Final Answer :
A
Explanation :
Profit sharing typically has positive impacts on employee motivation, commitment, and organizational growth. It encourages employees to think and act like partners, contributing to the company's success. However, having an adverse effect on productivity and employee morale is not a positive impact, making it the correct answer.
Learning Objectives
- Evaluate the influence of profit-sharing initiatives on organizational revenue growth and the incentive of workforce engagement.