Stock option plans:

A) give an employee the right to buy stock during a specified period of time or under other specified conditions.
B) are being considered too hazardous after the Enron collapse in 2002
C) are restricted to executives
D) are always based on individual performance
E) all of the above are true

Stock Option Plans

incentive schemes that give employees the option to purchase shares of their company's stock at a set price, typically as part of their compensation package.

Specified Conditions

Conditions that are defined or stated clearly and explicitly, often relating to specific parameters or requirements in a given context.

Enron Collapse

A major corporate scandal involving the bankruptcy of the Enron Corporation in 2001, which was marked by extensive fraud and corruption.