Which of the Following Plans Is Most Geared Toward Long-Term

question 31

Multiple Choice

Which of the following plans is most geared toward long-term organizational performance?

• A) Merit pay
• B) Profit sharing
• C) Stock options
• D) Gainsharing

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Definitions:

Model Business Corporation Act

A model set of laws prepared by legal experts to guide states in developing their corporate statutes.

Preincorporation Subscription

An agreement by an individual to purchase shares in a corporation that has yet to be formed.

Six-Month

Relating to or denoting a period or term of six months, often used in the context of time-specific agreements or conditions.

Debentures

A type of debt instrument not secured by physical assets or collateral but backed only by the general creditworthiness and reputation of the issuer.