Employee Stock Ownership Plans and Stock Options Tend to Create

question 15

True/False

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

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Definitions:

Social Hierarchy

The ranking or grading of individuals and groups in any given society, often based on factors like power, wealth, or social status.

Groupthink

A psychological phenomenon where the desire for harmony in a decision-making group overrides a realistic appraisal of alternatives.

Power Distance

The extent to which less powerful members of institutions and organizations accept and expect that power is distributed unequally.

Unequal Distribution

The uneven allocation of resources, wealth, opportunities, or rights among different groups or individuals in a society.