An Employee Stock Ownership Plan Represents

question 15

Multiple Choice

An employee stock ownership plan represents

• A)a good way for a business founder to build his/her position in the company.
• B)an opportunity for employees to acquire an ownership interest in their company.
• C)a harvest method of choice.
• D)an effort to ease investor concerns.

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Definitions:

Lower-management

The level of management directly supervising frontline employees, responsible for day-to-day operational decisions and implementing higher management policies.

Socioeconomic Status

An individual's or family's economic and social position in relation to others, based on income, education, and occupation.

Occupational Attainment

The level of achievement an individual has reached in their career, often measured by their job title, status, and income.

Cultural Capital

Non-material assets that include education, intellect, style of speech, and dress, which can give an individual a higher status in society.