The Primary Objective of an ESOP Is to

question 210

Short Answer

The primary objective of an ESOP is to
keep management from making bad decisions.
protect against takeovers.
prevent worker strikes.
provide workers with financial security.
motivate workers to work harder.

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Definitions:

Potential Drawbacks

Refers to possible disadvantages, risks, or negative consequences that may arise from a decision, action, or strategy.

Job Incumbents

Individuals who currently hold a particular position or role within an organization.

Job Analysis Process

An analytic procedure to identify the duties, responsibilities, and requirements of a job.

Enhanced Ratings

Improved or upgraded assessments or evaluations, often applied to products, services, or performance, reflecting superior quality or achievement.