Small Firms Give Employees a Share of Ownership in the Business

question 59

Multiple Choice

Small firms give employees a share of ownership in the business through

• A) profit plans.
• B) group incentive plans.
• C) employee stock ownership plans.
• D) action-sharing plans.

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Definitions:

Indirect Benefits

Advantages or improvements that are not directly observable or immediate but occur as a consequence of an action.

Direct Benefits

Immediate or tangible advantages that a person or organization can easily measure or identify.

Persuasive

Having the ability to convince others to agree with a viewpoint, idea, or course of action through argument or appeal.

Complaint Message

A form of communication used to express dissatisfaction or a problem to an individual or organization.