MATCHING KEY TERMS AND DEFINITIONS

question 65

Multiple Choice

MATCHING KEY TERMS AND DEFINITIONS
-Wage adjustment linked to cost of living to maintain standards of living for an expatriate employee.

• A)Team-based compensation
• B)Extrinsic rewards
• C)Compensation administration
• D)Ordering method
• E)Fair Labor Standards Act
• F)Performance-based rewards
• G)Wage structure
• H)Differential
• I)Organization-wide incentive
• J)Classification method
• K)Equal Pay Act
• L)Merit pay
• M)Golden parachute
• N)Compensation surveys
• O)Exempt

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Definitions:

Forward Scheduling

A planning method that begins scheduling from a known start date and then adds tasks sequentially to determine project completion date.

Six Sigma

A data-driven approach and methodology for eliminating defects in any process.

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or standard.

Older Technology

Previously widespread technology that has been surpassed by newer innovations, yet may still be in use or relevant in certain contexts.