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ESOPs Can Increase Employees' Pride of Ownership in the Organization

question 83

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ESOPs can increase employees' pride of ownership in the organization, providing an incentive for them to increase productivity and help the organization prosper and grow.


Definitions:

Persistence

Persistence is the quality of continuing steadfastly in spite of challenges, obstacles, or difficulty, demonstrating a commitment to achieving a particular goal or objective.

Task Strategy

The method or approach chosen to effectively complete or achieve a specific work-related task or objective.

Task Complexity

The extent to which a job or assignment is complicated and challenging due to factors like variety, ambiguity, and information processing requirements.

Self-Efficacy

An individual's belief in their own capability to complete tasks and achieve goals.

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