Dan Works for ElekTek, a Firm Producing Sophisticated Electronic Equipment

question 225

Multiple Choice

Dan works for ElekTek, a firm producing sophisticated electronic equipment used in state-of-the-art security systems. Dan is happy to see that the value of ElekTek's stock has reached $47 per share, because certain employees (including Dan) have the opportunity to buy a given number of shares of its stock for $30 per share for the next year regardless of how high the market price goes. ElekTek is offering some employees a:

• A) stock annuity plan.
• B) stock reinvestment plan.
• C) stock dividend.
• D) stock option plan.

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Definitions:

Discrimination

Bias and discriminatory actions against persons due to their race, age, or gender.

Pigeon

A bird of the family Columbidae, known for its ability to find its way home over long distances and commonly used in research in psychology.

Peck

A brief, pointed contact or strike, typically referring to the action of a bird using its beak.

Primary Reinforcer

A stimulus that satisfies a basic biological need and inherently reinforces a behavior without the need for learning.