List and Explain  Two Techniques Provided in Ch

question 91

Short Answer

List and explain  two techniques provided in Ch. 1 to improve your chance of being understood when writing to someone from a different culture.

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Definitions:

Non-specified Benefit Plan

An employee benefit plan that does not define specific benefits in advance but may provide a pool of funds for potential distribution.

Specified Benefit Plan

A retirement plan where the benefits to be received by employees are defined and specified in advance.

Defined Benefit Plan

A retirement plan in which an employer commits to paying a specified pension amount to employees upon retirement, based on factors like salary history and length of employment.

Defined Contribution Plan

A type of retirement plan where employees, employers, or both make contributions on a regular basis, but the benefits received at retirement depend on the performance of the investments.