Examlex
Suppose that with 1 unit of labor, Canada can produce 40 TVs or 20 computers.With 1 unit of labor, Taiwan can produce 30 TVs or 10 computers.Which of the following is correct?
Profit Sharing
A company policy where a portion of the company's profits is distributed to its employees, often based on their performance or seniority.
Lump-Sum Bonus
A one-time payment given to an employee in addition to their regular salary, often as a reward for performance, achievement, or as part of benefits.
Cafeteria Plan
A type of employee benefit plan that allows workers to choose from a variety of pre-tax benefit options to design a benefits package that best meets their needs.
Benefits Plan
A range of employee benefits offered by employers, including health insurance, retirement plans, and paid time off.
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