Acme Global gave its top executives the opportunity to buy Acme Global stock in 5 years at the same price at which the stock is selling today.Acme Global is using a(n) ________ plan.

Question

Quizplus · Accepted Answer

The plan being described where executives have the opportunity to purchase stock at a set price in the future is a stock option plan. Profit sharing refers to distributing a portion of company profits to employees, stock purchasing could refer to individual employees buying company stock on their own, and an employee stock ownership plan is a specific type of program where employees are granted or purchase company stock as part of their compensation package.

Acme Global Gave Its Top Executives the Opportunity to Buy