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Bill Gates commands the respect and admiration of people around the world for his achievements in information technology as well as for his philanthropy.Many people who admire him try to emulate his actions.He clearly wields _____ power.
Spotlight Effect
The spotlight effect is the belief that others observe us more closely than they actually do, overestimating the extent to which our actions and appearance are noted by others.
Lump Sum Bonus
Merit pay that is awarded in a single payment and not built into base pay.
Scanlon Plan
A type of gainsharing program that incentivizes employees to increase productivity through cost-saving measures, sharing the resulting financial gains.
Base Pay
The initial rate of compensation that an employee receives in exchange for services, excluding extra payments like bonuses or overtime.
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