An Arrangement in Which Employees And/or Managers Contribute a Portion

question 29

Multiple Choice

An arrangement in which employees and/or managers contribute a portion of their salaries and wages, over time, toward purchasing shares of a company's stock from the founder until they own the company outright, is referred to as:

• A) an IPO.
• B) a leveraged buyout.
• C) a hostile takeover.
• D) an ESOP.

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Definitions:

Lack Of Empathy

Lack of empathy refers to the inability or difficulty in understanding or sharing the feelings of another person.

Amount Of Time

The duration or period during which an action, process, or condition exists or continues.

Topic Of Their Talk

The subject matter or main theme being discussed or presented by individuals during a conversation or presentation.

Person Needing Help

An individual who requires assistance due to being in a situation they cannot adequately address on their own.