QVO Financial,an auditing firm,distributes a portion of the profits resulting from improvements in productivity and efficiency among its employees.If the company enjoys an improvement of $45,000,60% of the improvement might be the company's share.The other 40% would be distributed among the employees in the company.Which of the following is being exemplified in this scenario?
A) Profit rate
B) Gainsharing
C) Commission sharing
D) Merit gain
E) Group bonus

Question

Quizplus · Accepted Answer

Organizations that want employees to focus on efficiency may adopt a gainsharing program, which measures increases in productivity and effectiveness and distributes a portion of each gain to employees. This scenario exemplifies gainsharing.

QVO Financial,an Auditing Firm,distributes a Portion of the Profits Resulting