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The Terms of Futures Contracts __________ Standardized, and the Terms

question 83

Multiple Choice

The terms of futures contracts __________ standardized, and the terms of forward contracts __________ standardized.


Definitions:

Organization-Level Incentive

A reward or bonus system designed to encourage and reward collective achievements of all members within an organization, aiming to drive overall organizational performance.

Profit Sharing

A company policy where employees receive a share of the company's profits beyond their regular pay, serving as an incentive and reward.

Gainsharing

A type of incentive plan where employees receive bonuses based on the cost-saving or performance improvements they help achieve for the company.

Merit Pay

A compensation strategy that links pay increases to performance appraisal ratings.

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