Which of the Following Accurately Reflect Views of What Compensation

question 48

Multiple Choice

Which of the following accurately reflect views of what compensation means and entails in different cultures?

• A) The "exchange" model of compensation is identical in Western cultures
• B) The Japanese word for "compensation" suggests "achievement," which is consistent with a traditional, paternalistic Japanese employment system
• C) Compensation within the United States is often seen as a swap in that employees provide effort and output and receive wages and benefits in return
• D) The Swedish word for "compensation" means "making equal," and this is reflected in the considerable number of Swedish laws that regulate wages

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Definitions:

Tender Offer

A public offer made by a person or company to purchase shares from shareholders, typically at a premium to market price, in an attempt to take control of the company.

Crowdfunding

The practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.

Internet

A vast network that connects computers across the world, allowing for the sharing and transmission of data and information.

Reform Act

Legislation intended to bring about changes or improvements in a specific area, often used to reference specific historic statutes that reformed political processes.