51. One disadvantage in an employee stock ownership plan (ESOP) that the text ci

Question

51. One disadvantage in an employee stock ownership plan (ESOP) that the text cites is that A. 53. It creates an additional tax burden for both the employer and the employee It makes employees' wages, salaries, and retirement benefits totally dependent on the employer's (organization's) financial performance It motivates employees to focus on organizational performance It creates an undesired concept of "people's capitalism" Effective sales incentive plans should be Increased proportionately to the sales person's performance improvement over some time period Changed on a frequent basis to keep the sales staff motivated Focused primarily on rewarding the sales person's ability to acquire only new accounts Seen as additional compensation for achieving increased sales Which of the following executive incentives is used to emphasize and to focus upon the long-term growth and success of the organization? A. Executive perquisites ("perks") B. Executive annual bonus plans C. Golden parachute payments Stock options (the right to buy the company's stock). Supplemental Unemployment Benefit(s) (or SUBs) and the payment of severance (separation) pay would be examples of which category of benefits? A. Required or mandated security Voluntary security C. Government-mandated benefit D. Insurance benefit 55. Unemployment compensation is a/an Required (mandated) security benefit Voluntary security benefit Insurance payment Financial reward B. i un

Explanation / Answer

51-D- AS EMPLOYEE IN LURE OF ESOP MAY HAVE TO ADJUST OR ACCEPT UNETHICAL OR INAPPOPRIATE COMOPENSATION. FOR EX- IF A COMPANY HR POLICY IS THAT A N EMPLOYEE WHO HAS WORKED FOR 5 YEARS ARE ELIGIBLE FOR ESOP. EMPLOYEE WILL TRY HIS BEST TO CONTINUE IN THE ORAGANISATION WHETHER HE LIKE IT OR NOT FOR BEING ELIGIBLE FOR ESOPS.

52-A BRCAUSE WE HAVE TO IMPROVE QUAILTY AS WELL AS QUANITITY OF OUR SALES FORCE IF QUANTITY IS BASED THEN OUR EMPLOYEE MAY RESORT TO MISELLING JUST FOR THAT INCENTIVE BUT DENTING COMPANY IMAGE IN LONG TERM

EX- A FINANCE EXECUTIVE MISELLING POLICES , BONDS AND OTHER INAPPROPRIATE PRODUCTS TO THE CUSTOMER OF BANK JUST TO ACHIEVEHIS SALES TARGET HENCE INCENTIVE

53-FOR THIS I WOULD SUPPORT MIX OF STOCKS AND PERKS . AS PERKS IS INCENTIVE FOR PRESENT WORKING WHILE STOCK WILL BE REWARD FOR LONG TERM GROWTH ACHIEVED BY THE COMPANY THROUGH SINCERE AND HARD EARNED EFFORTS OF ITS EMPLOYEES.

54- MIX OF VOLUNTARY SECURITY AND GOVT.MANDATED BENEFIT.

VOLUNTARY IN CASE WHERE LONG TERM COST COULD BE SAVED AFTER INCURRING PRESENT COST

EX- IN CASE OF CLOSING MANUFACTURING UNITS WHICH IS UNVIABLE .

AND GOVT MANDATED

EX- WHEN ANY PUBLIC SECTOR ORGANISATION OFFER VOLUNTARY RETIREMENT SCHEME ITS LAW OF GOVT OF LAND TO COMPENSATE EMPLOYEE FOR THE PROSPECTIVE INCOME LOST BY HIM DUE TO CLOSURE OF COMPANY.

55-B AS IN CASE F US IT IS VOLUNTARY BENEFIT GIVEN AS AN SYMBOL OF FAILURE OF GOVERENT TO PROVIDE EMPLOYMENT TO ITS WORKABLE POPULATION.

56-C AS ITS AN JOINT RESPONSIBILITY FOR BOTH OF THEM.

EX- PPF CONTRIBUTION FOR PENSION FUND FOR EMPLOYEES IN INDIA

57-B AS ITS IMPORTANT TO TAKE CARE OF EMPLOYEES ALONG WITH GOODS FOR A CONCERN

FOR EX- ITS COMPULSORY TO HAVE FIRE EXTINIGUISHERS AND EMERGENCY EXITS IN AN MULTI STORIED BUILDING WHETHER OSHA IS APPLIED OR NOT BUT COMMON CARING FEELING AND SENSE WILL JUDGE THESE THINGS.

58-B ITS FOCUSES MORE ON EMPLOYEEUNDERSTANDING FOR THE IMPORTANCE FOR HIS JOB AND COMPANY.

FOR EX- IF ASKED TO BRIBE AN MUNICIPAL CORPORATION OFFICER TO GET AN WORK CONTRACT ISDEPENDS ON BOTH HOW ETHICAL EMPLOYEE IS AND WHATS COMPANY ETHICS IS AN ETHICHCAL COMPANY WILL NEVER RESORT FOR BRIBING OR VICEVERSA.

59-D BECAUSE HUMAN FACE SHOULD NEVER BE OVERLOOOKED

FOR EX- EMPLOYER FIRES AN EMPLOYEE DIAGONOSED WITH HIV IS UNETHICAL AS ITS WRONG TO FIRE AN EMPLYEE ON THE VBASIS A REASON WHICH ANY WAY RELATED TO HIS JOB PROFILE.

60-C-D ITS BASICALLY THE HR POLICY OF COMPANY WHICH DECIDE ON THIS MATTER. IF ITS EMPLOYEE FRIENDLY THEN IT WOULD DEVELOP INTO ALTERNATIVE DISPUTE RESOLUTION OR VICEVERSA.

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