______ provide executives who are dismissed from a merged or acquired organization with typically large lump sum payments on dismissal.
A) Perquisites
B) Golden parachutes
C) Entitlements
D) Social Loafers

Question

Quizplus · Accepted Answer

Golden parachutes are contractual agreements that provide large payments and benefits to executives who are dismissed from a merged or acquired organization. These agreements are often included in executive compensation packages to protect executives in the event of a change in ownership or control of the company. Perquisites and entitlements may also be part of executive compensation packages, but they do not specifically provide protection in the event of a merger or acquisition. Social loafers are individuals who rely on others to do their work and contribute little to a team effort, and are not related to executive compensation.

______ Provide Executives Who Are Dismissed from a Merged or Acquired