Board Question Paper : July 2019 — OCM STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceOCMBoard Question Paper : July 20191 Mark
Question
What do you mean by Profit sharing?
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Answer
Surplus profit of the business in the result of the joint efforts of the workers and owner. Workers get a definite proportion of profit in the form of money other than their salary. It is called profit - sharing.
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