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The Bankers Acceptance Is a Two-Armed Instrument with One Branch

question 9

Multiple Choice

The bankers acceptance is a two-armed instrument with one branch in financing and the other in ________________________.


Definitions:

Pay Secrecy

The practice of employers not disclosing or discussing the salary details among employees to maintain privacy or avoid conflict.

Scanlon Plan

A participative management approach focusing on employee involvement in improving productivity and sharing the resulting cost savings as bonuses.

Gain-Sharing

A performance-based compensation strategy where employees receive bonuses based on the company's savings or increased profitability due to their efforts.

Pay Secrecy

Policies or practices that restrict employees from sharing or discussing their salary information with others.

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