Acme Global gives its employees stock in the company at the end of each year.The shares go directly into the employees' retirement accounts as part of the organization's ______ plan.

Question

Quizplus · Accepted Answer

This statement describes an employee stock ownership plan (ESOP), which allows employees to obtain ownership in the company through stocks. Profit sharing involves distributing a portion of the company's profits to employees, while stock purchasing and stock options provide employees with the opportunity to purchase company stock at a discounted price or option to purchase in the future, respectively.

Acme Global Gives Its Employees Stock in the Company at the End