Employee Share Ownership Plans and Share Options Tend to Create

question 169

True/False

Employee share ownership plans and share options tend to create an ''ownership culture'' in which employees feel aligned with the organization's success.

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Definitions:

Maslow

Refers to Abraham Maslow, a psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority.

Herzberg

Refers to Frederick Herzberg's Two-Factor Theory, which posits that job satisfaction and dissatisfaction arise from two different sets of factors—hygiene factors and motivators.

Satisfier

A factor that contributes to job satisfaction, typically related to fulfilling work, recognition, or personal growth opportunities.

Self-managed Work Team

A team in which members collectively take on management responsibilities, such as planning, scheduling, and evaluating their own performance.