Asked by Samende Kamana on Jul 18, 2024
Verified
Which of the following is an arrangement in which the organization distributes shares of stock to all its employees by placing it in a trust?
A) stock options
B) employee stock ownership plan
C) Scanlon plan
D) collective stock options
E) profit-sharing plan
Employee Stock Ownership Plan
A program that provides a company's workforce with an ownership interest in the company, usually in the form of stock options or shares.
Stock Options
Financial instruments that give an employee the right to buy or sell the company's stock at a predetermined price within a specific period.
Scanlon Plan
A participative management approach that focuses on improving productivity and sharing the resulting cost savings with employees.
- Understand the different types of incentive pay programs and their objectives.
Verified Answer
Learning Objectives
- Understand the different types of incentive pay programs and their objectives.
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