An Employee Stock Ownership Plan Is an Incentive Plan That

An employee stock ownership plan is an incentive plan that ________.

A) engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company
B) focuses on the sharing of benefits between employer and employees
C) contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees
D) involves the firm distributing total annual profits each year among employees based on their merit rating