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Discuss the main features of top hat plans.(Supplemental Executive Retirement Plans (SERPs))
Formal Roles
Official positions or functions designated by an organization, characterized by specific responsibilities and authority.
Pooled Interdependence
A form of cooperation where different departments or groups within an organization contribute individually to a common output without the need for direct interaction.
Norming Stage
A phase of group development where members start to work together cohesively, establishing norms and structures.
Interpersonal Conflict
A situation where two or more people have opposing opinions, interests, or needs, leading to a direct clash.
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