Asked by Katie Uittenbogaard on Jun 19, 2024

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Martin,the HR Manager,bought 1000 shares in his company at a price that was a little less than market prices.What type of stock plan is this?

A) stock option
B) stock bonus
C) share purchase
D) market share

Stock Plan

A company program designed to provide employees with the opportunity to purchase or receive shares in the company, often as part of their compensation.

Market Prices

The current price at which an asset or service can be bought or sold in a marketplace.

HR Manager

A professional responsible for overseeing human resources functions, including recruitment, training, performance management, and ensuring compliance with employment laws.

  • Understand diverse types of stock plans and their impact on employee motivation and company alignment.
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KS
Karol StephensJun 22, 2024
Final Answer :
C
Explanation :
This is a share purchase plan where the HR Manager is buying shares in his company at a discounted price.