This Amendment Contains the Equal Benefit or Equal Cost Principle

question 34

Multiple Choice

This amendment contains the equal benefit or equal cost principle and bans termination of an employee's long-term disability benefits for active employees based on age. (The Age Discrimination in Employment Act (ADEA) of 1967)

• A)Older Workers Benefit Protection Act
• B)Retired Workers Protection Act
• C)Age Discrimination in Employment Act
• D)Older Workers Retirement Act

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Definitions:

External Suppliers

Third-party companies or entities that provide products or services to another company as part of the supply chain, outside of the purchasing company's organization.

Many-Suppliers Strategy

A procurement approach where a company sources its materials or products from a large number of suppliers to enhance competition and reduce supply risk.

Quality

The degree to which a set of inherent characteristics fulfills requirements or expectations.

Supply Chain

The entire system of producing and delivering a product or service, from the raw material stage to the end user, encompassing all processes and logistics.