Instructions: Identify the Following

question 47

Essay

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Louis Armstrong, Duke Ellington

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Definitions:

Perquisites

Special nonmonetary benefits given to executives; often referred to as perks

Country Club Membership

Affiliation with a private club offering recreational sports and social activities, often including access to golf courses and dining facilities.

Former CEO

An individual who previously held the chief executive officer position in a company, responsible for strategic decision-making and overall management.

Lump-sum Merit Pay

A one-time payment awarded to an employee for exceptional performance, rather than an ongoing salary increase.