Your Company Asked You to Come Up with a Contribution

question 33

Multiple Choice

Your company asked you to come up with a contribution plan that invests the contributions in company securities and distributes the payouts in stock instead of cash.Which plan would you suggest they use?

• A)employee stock option plan (ESOP)
• B)401(k)s
• C)profit sharing plan
• D)point-of-service plan (POS)

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Definitions:

Leadership Making

The process of developing leadership qualities within an individual, often through mentorship, experience, and education.

In-Group Members

Individuals who are part of a closely connected group, typically characterized by shared interests, values, or identities within a larger organization or society.

Leader-Member Exchanges

A theory focusing on the two-way (dyadic) relationships between leaders and their followers, emphasizing the mutual benefits derived from high-quality interactions.

Acquaintance Phase

The initial stage in the formation of a relationship or team, where members get to know each other and understand their roles.