Studying the Practices of Companies Considered "Best in Class" and Comparing

question 22

Multiple Choice

Studying the practices of companies considered "best in class" and comparing the performance of our company against their performance is

• A) competition
• B) copying
• C) frustration
• D) benchmarking
• E) notching

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Definitions:

Equal Pay Act

The Equal Pay Act is a federal law that requires employers to pay all employees equally for equal work, regardless of the employee's sex.

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured during employment in exchange for the employee's right to sue their employer.

Contributory Negligent

The legal principle where a party can be found to have contributed to their own harm and, therefore, may have their compensation reduced or denied in a negligence claim.

Landrum-Griffin Act

U.S. legislation aimed at regulating labor unions' internal affairs and their officials, to ensure democracy, fiscal responsibility, and fair dealing within unions.