which incentive plan would enable employees to think like owners, taking a broad view of what they need to do in order to make the organization more effective? group of answer choices performance bonuses gainsharing the scanlon plan merit pay profit sharing

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15-11-2022
Business

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which incentive plan would enable employees to think like owners, taking a broad view of what they need to do in order to make the organization more effective? group of answer choices performance bonuses gainsharing the scanlon plan merit pay profit sharing

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Qwclear Qwclear · Answer 1 · 2022-11-22T06:21:38+01:00

The Incentive Plan that would enable employees to think like owners will be the plan of Profit sharing that is option E is correct.

Profit sharing is referred to as the technique used within an organization by higher level employees towards lower level employees to make them more focused towards their work. Whenever the company owns any profit, it is shared equally among all the employees. This enables them to think like as if they are working within their own company and whatever profit the company will earn they will also get a share. This helps in increasing the efficiency of company and no careless behavior is followed during the work. Even the employees start suggesting ideas about the betterment of the company and improvement in the policies of the company regarding product management.

Learn more about Profit sharing at:

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