Broad-based option plans are usually limited to managerial and professional employees.

Name: Broad-based option plans are usually limited to managerial and professional employees.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Broad-based option plans are meant to offer stock options to a larger number of employees beyond just managerial and professional employees. They are designed to be more inclusive and offer opportunities to a broader range of employees, such as clerical, administrative and technical staff.

Broad-Based Option Plans Are Usually Limited to Managerial and Professional