MATCHING Match Each Description with the Item Below

question 74

Multiple Choice

MATCHING
Match each description with the item below.
-William Pitt

• A)was a British general in the French and Indian War
• B)surrendered Fort Necessity to the French
• C)wrote Common Sense
• D)architect of the Albany Plan of Union
• E)warned citizens of Lexington of a British military advance
• F)wrote Two Treatises on Government
• G)was a British war minister during the French and Indian War
• H)organized the Sons of Liberty
• I)proposed the Stamp Act
• J)was the governor of the Dominion of New England

Recognize the historical context and shifts in U.S. budgetary policy.

Understand the stages in the innovation process and the activities involved in each stage.

Differentiate between types of innovation (product, process, organizational, people, exploitative, exploratory).

Identify factors that foster or inhibit creativity and innovation in organizations.

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Definitions:

401(k) Plan

A retirement savings plan sponsored by an employer, allowing employees to save and invest a portion of their paycheck before taxes are taken out.

Keogh Deduction

A Keogh Deduction refers to tax-deferred pension plan contributions for self-employed individuals and unincorporated businesses, allowing for higher contribution limits compared to other retirement accounts.

Self-Employment Tax

A tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves.

Highly Compensated Employees

Employees who receive compensation from the business exceeding a specific threshold set by the IRS, subject to additional tax regulation.