Collins, Business Ethics 3e
SAGE Publishing, 2021
a. Employees receive more financial compensation.
b. Employees do not necessarily have an increase in responsibility or accountability.
c. Profit-sharing plans have a specifically assigned coordinator.
d. Employees do less to increase organizational loyalty.
69. In what structural way do profit-sharing plans increase organizational loyalty?
a. Employees must have high performance evaluations to participate in profit sharing.
b. Employees will stay on to seek management positions because only managers
participate in profit sharing.
c. Employees must stay with the company a certain amount of time to access the funds.
d. Only employees who contribute the most in terms of work receive funds through profit
sharing.
70. Karin is a new hire at her company and is told the company has a stock option plan.
Which of the following is likely TRUE of her options?
a. She is now fully vested.
b. After ten years, her right to purchase shares through the stock option program will
increase.
c. She can purchase as many shares as she wants through the program.
d. Her newly hired supervisor will have the right to purchase more stock options than
she will.
71. How does an employee stock purchase plan differ from a stock option plan?
a. Stock purchase occurs over time as a percentage of pay, not purchased outright.
b. Stock purchase is not voluntary.