Examlex
In _____ plans, the employer allocates a certain amount of money to each employee and lets the employee spend that money for benefits that suit him or her.
Concentration Ratio
A measurement of the market share of the largest firms within an industry, indicating the level of competition.
Firms
Business entities that engage in commercial, industrial, or professional activities, often distinguished by their legal structure and objectives.
Cutthroat Competitor
A business or firm that aggressively competes in the market, often through pricing strategies, innovation, or marketing, to capture a significant share from rivals.
Lower
To decrease in position, value, or amount.
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