Match the items of List-I with the items of List- II and select the correct answer. List-I List-II a. Golden parachutes 1. The right to purchase a stated number of shares of company stock at today’s price in the future. b. Gain sharing 2. An incentive plan engaging employees in a common effort to achieve productivity objectives and share the gains. c. Stock-option 3. Payment companies make in connection with a change in ownership or control of a company. d. Annual bonus 4. Plans designed to motivate the short-term performance of managers, and are tied to company profitability.

The correct answer is: A. a-3, b-1, c-2, d-4

Here is a brief explanation of each option:

• Golden parachutes are large severance packages that are given to executives who are fired or laid off after a merger or acquisition. They are designed to protect executives from financial loss and to encourage them to stay with the company during a time of uncertainty.
• Gain sharing is a type of incentive plan that rewards employees for increases in productivity or profitability. It is typically based on a formula that takes into account both individual and company performance.
• Stock options are a type of equity compensation that gives employees the right to purchase shares of company stock at a set price, usually below the market value. They are often used as a way to attract and retain top talent.
• Annual bonuses are payments that are made to employees in addition to their regular salary. They are typically based on individual or company performance, and they can be used to reward employees for a job well done or to motivate them to achieve future goals.

I hope this helps! Let me know if you have any other questions.