Match the Terms with the Definitions

question 96

Multiple Choice

Match the terms with the definitions.
-A tax levied on employers to raise funds to pay unemployment benefits.

• A)Electronic Federal Tax Payment System (EFTPS)
• B)employer FICA taxes
• C)Employer Identification Number (EIN)
• D)Form W-2
• E)Form W-3
• F)Form 940
• G)Form 941
• H)FUTA (Federal Unemployment Tax Act) tax
• I)merit-rating system
• J)self-employment income
• K)self-employment tax
• L)SUTA (state unemployment tax) tax
• M)workers' compensation insurance

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Definitions:

Market Segment

A collective of individuals or entities united by one or more common attributes, resulting in comparable needs for certain products.

Co-branding

A marketing strategy involving the collaboration of two or more brands to create a product or service that leverages the reputation of each brand.

Joint Product

Products that are produced together in the same production process and whose quantities are not independently controllable.

Strong Brands

Brands that have achieved a high level of consumer recognition, loyalty, and perceived quality, contributing to competitive advantage.