An ESOP

question 127

Multiple Choice

An ESOP:

• A) allows an owner to transfer all or part of his company to the employees as gradually or as quickly as he chooses.
• B) works best in companies where pre-tax profits exceed $100,000.
• C) is not beneficial to companies with fewer than 15 to 20 employees.
• D) All of the above

---

Definitions:

Managing Diversity

Building an inclusive work environment that allows everyone to reach their full potential.

Organisational Culture

The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.

Cultural Change Management

Strategies and practices aimed at shifting an organization's culture to align with new objectives, improve performance, or adapt to market changes.

Diversity Benefits

The advantages gained from incorporating a wide range of cultural, ethnic, gender, and other distinct characteristics into a group or organization.