The Vice President of an organization is offered the option to buy 1000 shares of the organization's stock at $25.00 per share for the next five years. This type of incentive is known as a/an:

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An ownership plan is a type of incentive in which an employee is given the opportunity to purchase company stock at a discounted rate. In this case, the Vice President is offered the option to buy 1000 shares of the organization's stock at $25.00 per share, which is below the market price. This encourages the Vice President to have a vested interest in the success of the company and can potentially lead to increased financial benefits if the stock value increases over time.

The Vice President of an Organization Is Offered the Option