Which of the Following Statements Is True Regarding an Employee

question 36

Multiple Choice

Which of the following statements is true regarding an employee stock ownership plan (ESOP) ?

• A) Under this plan employees acquire stock often at below-market prices.
• B) Research on ESOPs indicates that it does not affect employee satisfaction.
• C) ESOPs for top management tend to increases unethical behavior.
• D) Research on ESOPs indicates that ESOPs drastically improve employee performance.
• E) ESOPS are also called competency-based pay plans.

Recognize the importance of analyzing the presence of main effects and interaction effects independently within the context of factorial research designs.

Understand the basic purposes and implications of the National Labor Relations Act (NLRA).

Comprehend the process and strategic aspects of collective bargaining.

Distinguish between different provisions related to union membership and their employment conditions.

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Definitions:

Piecework Rates

A compensation system where employees are paid a fixed rate for each unit they produce or task they complete.

Types

Varieties or categories of a particular thing or person characterized by a specific set of traits or attributes.

Balanced Scorecard

A strategic planning and management system used by organizations to align business activities with the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.

Unethical Behaviors

Actions that do not conform to acceptable standards of morality or the ethical codes of a particular profession.