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photoshop1234 [79]
3 years ago
15

Leonard, the manager of a manufacturing firm, wants the organization to perform better. He expects his employees to think more l

ike owners, taking a broad view of what they need to do in order to make the organization more effective. In this case, Leonard should
Business
1 answer:
adoni [48]3 years ago
6 0

Answer:

implement a profit-sharing incentive plan

Explanation:

Based on the scenario being described within the question it can be said that in this case, Leonard should implement a profit-sharing incentive plan. This is a plan that provides employees with an additional form of direct or indirect payment on top of their salaries, usually by giving them shares of the company. This will motivate them towards focusing on bettering the company because if the company/organization performs better then the shares will be worth more to them.

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Dr Fees earned $1,150,000

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Preparation of the closing entries required to close the accounts.

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