Employees at Zachary’s Chicago Pizza in California can purchase company stock and thus become owners through a device called

a. a trustees arrangement.
b. participative management.
c. bond sharing.
d. an employee stock ownership plan.
e. profit sharing.


d. an employee stock ownership plan.

chary’s Chicago Pizza, based in Oakland, California, uses a device known as an Employee Stock Ownership Plan, in which employees buy company stock in order to become owners.

Business

You might also like to view...

Select one real company located in your home state. Identify at least four different types of stakeholders in this company

What will be an ideal response?

Business

Because consumers buy products that are extensions of their personalities, marketers try to create ________ that will appeal to different types of people

A) brand personalities B) psychographics C) cognitive dissonance D) opinion leaders E) self-concepts

Business

The strength of the obliging conflict-handling style is ______.

A. It should provide a mutually benefits (win–win) solution and result in the conflict being resolved for the long term. B. It might be the best approach if the person is not sure they are right about a preferred course of action or it is politically best because the matter is so important to the other party. C. Good for when the decision will be unpopular and discussion will not bring others on board. D. Everyone gets something in a compromise.

Business

Dotterel Corporation uses the variable cost concept of product pricing. Below is cost information for the production and sale of 35,000 units of its sole product. Dotterel desires a profit equal to a 11.2% rate of return on invested assets of $350,000. Fixed factory overhead cost $105,000 Fixed selling and administrative costs 35,000 Variable direct materials cost per unit 4.34 Variable direct

labor cost per unit 5.18 Variable factory overhead cost per unit .98 Variable selling and administrative cost per unit .70 The markup percentage for the sale of the company's product is: A) 14% B) 5.6% C) 45.71% D) 11.2%

Business