Match the Term with Its Definition

question 4

Multiple Choice

Match the term with its definition.
-Individuals or groups that either can affect or are affected by the performance of the company

• A)code of ethics
• B)environmentalism
• C)ethical imperialism
• D)ethical relativism
• E)integrity
• F)intellectual property
• G)social entrepreneurship
• H)social responsibilities
• I)stakeholders
• J)sustainable small business
• K)underlying values

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Definitions:

Benchmarking

A procedure in which an organization compares its own practices against those of successful competitors.

Regression Analysis

A statistical method used for estimating the relationships among variables, commonly used for prediction and forecasting.

Pay Structuring

The method by which organizations standardize the compensation provided to employees, including base pay, bonuses, and increments.

Compensable Factors

Elements of a job that are used to determine its value and appropriate compensation, such as skill level, effort, responsibility, and working conditions.