Individuals or Groups Who Are Affected by or Can Influence

question 22

Multiple Choice

Individuals or groups who are affected by or can influence an organization's operations are called

• A)shareholders.
• B)stakeholders.
• C)organizational constituencies.
• D)None of the above.

Recognize the types of defined-contribution and defined-benefit plans and their significance for retirement savings.

Acknowledge the importance of planning and managing retirement income sources beyond Social Security.

Understand the tax implications and regulations concerning Social Security benefits and retirement plans.

Identify the key aspects and differences between various retirement savings and pension plans, including portability and tax benefits.

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Definitions:

Jigsaw Classroom Technique

An educational approach designed to promote cooperation and reduce competition among students.

Cooperative Learning Strategies

Educational approaches where students work together in small groups to accomplish shared goals and enhance each other’s learning.

Surety Agreement

A contract where one party (surety) guarantees the performance or obligations of a second party (principal) to a third party (obligee).

Collateral

A borrower's asset that is given to a lender to secure the repayment of a loan.