Employee Stock Ownership Plans (ESOPs)

question 22

Multiple Choice

Employee stock ownership plans (ESOPs) :

• A) are types of broad-based stock ownership plans
• B) grant shares of stock to employees as a means of long-term savings and retirement
• C) usually do not link stocks that can be purchased to individual or group performance indicators
• D) vary in when payments are made
• E) are accurately described by all of the above

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Definitions:

Competitive Position

The standing or ranking of an organization in relation to its competitors, based on factors like market share, strength, product quality, or brand reputation.

Competitive Scope

Competitive scope involves the breadth, domain, or range of arenas in which a company chooses to compete, determining its market reach and focus.

Divestiture Strategy

A business strategy involving the sale, closure, or spinoff of a company division or segment to refine its core operations or generate capital.

Corporate Strategy

The overall direction and scope of a corporation, including how it selects and manages its businesses and investments to achieve long-term goals.