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Describe the following and state how they affect profit sharing. Return on capital employed. Productivity; the output per employee. Employee commitment; averaged on a 3-point
Describe the following and state how they affect profit sharing.
- Return on capital employed.
- Productivity; the output per employee.
- Employee commitment; averaged on a 3-point scale.
- Scheme - 70% of employees already have a scheme while 30% do not.
- Assets - Book value of firm assets which measures the size of the firm.
- Power - Market power proxied by market share.
- Industry; Sectors in which a company operates: primary, manufacturing and services
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