Listed Below Are Five Terms Followed by a List of Phrases

question 65

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the most correct term.
-Accumulated benefit obligation

• A)Created only by the passage of time.
• B)Created by "ERISA" legislation.
• C)Difference between PBO and plan assets.
• D)Current pay levels implicitly assumed.
• E)Future salary levels estimated to be higher than previously expected.

---

Definitions:

Value Proposition

The unique value a company promises to deliver to its customers, differentiating its products or services from competitors.

Succession Management

The process of identifying and developing potential future leaders or senior managers to fill key positions within an organization.

Employee Value Proposition

A unique set of benefits and rewards offered by an employer to attract, retain, and engage employees.

Brand Positioning

The strategy of creating a unique impression in the customer's mind so that they perceive your brand distinctively in comparison to competitors.