What type of license is issued by a company with an approved in-service training program?

A company with an approved in-service training program can issue a company license to its employees. This type of license indicates that the company has met the necessary requirements and standards set by the licensing authority, allowing its employees to perform hoisting activities under the company's umbrella. The training provided through the company's program ensures that employees are knowledgeable about safety protocols, equipment operation, and regulatory compliance, which are crucial in the hoisting industry.

An individual license, on the other hand, is granted directly to a person who passes the required examinations and meets specified qualifications independently, rather than through a company. Temporary licenses are typically limited in duration and may be issued under special circumstances, whereas professional licenses often refer to broader certifications in skilled trades rather than the specific context of hoisting operations. Therefore, the company license is the correct answer, reflecting an official recognition of the company's training efforts and the capabilities of its workforce within the hoisting sector.