Quentin wants to reward his employees while also raising equity in his small business. By doing this, he will be able to keep control of the business until the time comes to hand over the reins to his eligible employees. Quentin has decided to start

a. A merit pay system
b. Profit sharing
c. Gainsharing
d. An employee stock ownership plan


d. An employee stock ownership plan

Business

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Six years ago, HOPCO granted Mrs. Sing an incentive stock option (ISO) to purchase 1,000 shares of HOPCO stock for $55 per share. On date of grant, the market price was $50 per share. This year, Mrs. Sing exercised the ISO when the market price was $64 per share. How much ordinary income does she recognize because of the exercise?

A. $5,000 B. $9,000 C. $14,000 D. $0

Business

Order BZ-34265 began the "check order" activity at 1:35 P.M and finished at 2:03 P.M. The completion time for this activity is _____

a. 32 mins b. 18 mins c. 28mins d. 30 mins

Business

Which of the following are two generic business strategies? (Check all that apply.)

What will be an ideal response?

Business

Andrea wants to build top-of-mind awareness for her nail shop. The best way for her to develop this awareness would be to:

A) partner with her vendors to bring great merchandise into the store B) repeatedly expose customers to the name of the shop through advertising C) offer better customer service D) teach nail design classes E) develop the best inventory of custom nails in the city

Business