Which of the Following Managerial Practices,combined with an Employee Stock

question 11

Multiple Choice

Which of the following managerial practices,combined with an employee stock plan,will increase the performance effects of employee ownership?

• A) Sharing financial information about the company
• B) The use of work teams
• C) Training and development
• D) Employee participation in decision making

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Definitions:

Hierarchy

A system in which members of an organization or society are ranked according to relative status or authority.

Social Mobility

The movement of individuals, families, or groups through a system of social hierarchy or stratification.

Social Stratification

A system by which society ranks categories of people in a hierarchy based on factors like wealth, income, race, education, and power.

Hierarchical Ranking

A system where entities are arranged in a graded order from lowest to highest based on certain criteria.