Back to Main Page

Multiple Choice Questions

During the year 2018 Halla Walla Limited made surplus profits due to growing reputation of the busin...........

Download Solution PDF

During the year 2018, Halla Walla Limited made surplus profits due to growing reputation of the business as a result of sincerity of its employees. In order to give due recognition to its employees and motivate them to continue with the good work, the company decided to give a certain percentage of profits to them. Identify the type of financial incentive being adopted by the company.

Perquisites

Productivity linked wage incentives

Co-partnership

Profit sharing

छोटे Courses बड़े Results

Prepare through Micro-courses

Try Now

Explanation:

- Option 1: Perquisites

- These are additional benefits provided to employees beyond their salary.

- Examples include company cars, housing, or club memberships.

- Option 2: Productivity linked wage incentives

- These are bonuses tied directly to employee output or productivity levels.

- They reward individual or group efficiency in accomplishing tasks.

- Option 3: Co-partnership

- This involves employees being given a stake or share in the company's equity.

- Employees receive dividends and may have decision-making roles.

- Option 4: Profit sharing

- This involves distributing a portion of the company's profits to employees.

- The intent is to motivate employees by making them stakeholders in the company's success.

Profile ResourcesReport error

Submit Error

Let's Discuss

Explore
Micro
Courses

Free
Video
Courses

Free
Test
Series

Free
PDF
Documents