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What Term Is Used to Describe the Process of Reducing

question 54

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What term is used to describe the process of reducing foreign exchange risk?


Definitions:

Effective Compensation System

A reward framework designed to motivate employees, attract talent, and retain workers, aligning with organizational goals.

Organization And People

Refers to the study and practice of managing the workforce within an organization to improve its effectiveness and culture.

Performance Pay

A compensation system where an employee's pay is based on their job performance, often involving bonuses or other incentives.

Indirect Pay Plan

A compensation strategy that includes non-monetary benefits such as health insurance, retirement plans, and paid time off, as opposed to direct financial payments like wages and salaries.

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