Multiple Choice
For the firm, the major goal of profit sharing plans is to
A) force workers to incur some of the business risk.
B) overcome the monopsony problem of having to pay higher wages to attract additional workers.
C) overcome the principal-agent problem by better aligning the workers' interests with those of the firm.
D) reduce total compensation payments.
Correct Answer:
Verified
Correct Answer:
Verified
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