________ allow employees and/or managers (that is,the future owners)to purchase the business gradually,which frees up enough cash to finance the venture's future growth.

Question

Quizplus · Accepted Answer

Employee stock ownership plans (ESOPs) allow employees and/or managers to gradually purchase the business, often through contributions to a trust that holds shares on their behalf. This can free up cash for the business while also providing ownership and financial incentives for employees. It also allows for a smooth transition of ownership and management.

________ Allow Employees And/or Managers (That Is,the Future Owners)to Purchase