Carol Works for a Tailor and She Is Being Paid

question 113

Multiple Choice

Carol works for a tailor and she is being paid a fixed sum for each garment that she alters to customer specifications. Carol is receiving pay that is

• A)merit-based.
• B)skill-based.
• C)piece-rate.
• D)gainsharing.
• E)ESOP.

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Definitions:

Gamal Abdul Nasser

An Egyptian political leader and second President of Egypt who led the 1952 overthrow of the monarchy and introduced far-reaching land reforms.

Eisenhower Administration

The executive branch of the U.S. government under President Dwight D. Eisenhower, from 1953 to 1961, known for its focus on infrastructure development and Cold War diplomacy.

Third World

Third World is a term originally used to describe nations not aligned with the capitalist NATO bloc or the communist Warsaw Pact during the Cold War, now often referring to developing countries.