How does a profit$-$sharing incentive system differ from a performance$-$based incentive system?

Question $13$Answer

a$.$

Profit$-$sharing focuses on individual performance, while performance$-$based incentives consider overall company profitability

b$.$

Profit$-$sharing is unrelated to financial performance, while performance$-$based incentives solely depend on individual efforts

c$.$

Both profit$-$sharing and performance$-$based incentives are the same

d$.$

Profit$-$sharing is not a type of incentive system