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Rules of Endogamy

question 55

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Rules of endogamy

Identify different types of employee benefits and their advantages for both employers and employees.
Understand the financial aspects and taxation implications of employee benefits.
Analyze the strategic importance of benefits for attracting and retaining employees.
Understand the role and protection offered by insurance in the workplace, including health, disability, and unemployment insurance.

Definitions:

Defender Strategy

A business strategy focusing on defending existing market niches, maintaining stable growth, and protecting market share from competitors.

Adaptation Model

The adaptation model is one popular approach to business strategy where a business seeks ways to adapt to its environment.

Little Uncertainty

Situations in which outcomes or expectations are relatively clear and predictable, minimizing the need for guesswork or speculation.

Personality

Is the relatively stable set of psychological attributes or traits that distinguish one person from another. Some organizations believe that one or more particular personality traits may relate to how well an employee can perform a certain job or type of job.

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