Examlex
Under a managed health care or prepaid plan you have a good deal of freedom to choose your doctors and hospitals.
Turnover
The rate at which employees leave a workforce and are replaced by new ones.
Multilevel Marketing
A marketing strategy where the sales force is compensated not only for sales they generate but also for the sales of the people they recruit, creating a downline of distributors and multiple levels of compensation.
Utilitarian Organization
A profit or nonprofit organization that pays its employees salaries or wages.
Division of Labor
The allocation of different tasks and responsibilities to individuals or groups in a society, organization, or among nations to improve efficiency.
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