With a ________,An Executive Receives Units Instead of Shares of Company

question 59

Multiple Choice

With a ________,an executive receives units instead of shares of company stock.In the future,the executive receives cash equal to the appreciation of the units owned.

• A) nonqualified stock option
• B) premium priced option
• C) performance achievement plan
• D) phantom stock plan
• E) restricted stock plan

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Definitions:

Employee Development Programs

Employee Development Programs are initiatives taken by organizations to enhance the professional growth and skill set of their employees, thereby boosting productivity and satisfaction.

Required Motivation

The necessary drive and incentive needed to encourage employees or individuals to achieve goals and perform tasks.

Necessary Abilities

The essential skills and competencies required to perform tasks or fulfill roles effectively.

Subordinates

Refers to employees or team members who are positioned lower in the organizational hierarchy and report to supervisors or managers.