Which incentive plan would enable its employees to think like owners, taking a broad view of what they need to do in order to make the organization more effective?
A) merit pay
B) gainsharing
C) the Scanlon plan
D) performance bonuses
E) profit sharing

Question

Quizplus · Accepted Answer

Profit sharing incentivizes employees to think like owners because their compensation is tied to the financial success of the organization as a whole. This encourages employees to take a broader perspective on their work and consider the overall impact of their actions on the company's profitability.

Which Incentive Plan Would Enable Its Employees to Think Like