Examlex
The Hogan's,a family restaurant,uses a system of points to manage the behavior of the wait staff.Each member of the wait staff has a running total of points that can be added to or subtracted from based on their behaviors.When an employee reaches 200 points,a bonus is received.If points ever become negative,employees are reprimanded or even fired.For the employees at The Hogan's,points would be best characterized as:
Competing Venture
A business or project undertaken by an entity that is in direct competition with another enterprise in the same market segment.
Additional Compensation
Extra payment or remuneration provided to an employee or contractor beyond their basic salary or fees, often for achieving specific targets or for extra duties.
Small Partnerships
Business arrangements involving a limited number of partners collaborating in a venture, typically characterized by less regulatory requirements and personal liability.
Unanimous Partners' Agreement
A legal agreement among all partners in a business, requiring complete agreement on any decision or action.
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