Examlex
The index of the total output of goods and services produced in a national economy is called the ________.
Departments
Divisions within an organization, each focusing on a specific area of function such as marketing, finance, or human resources.
Profit Sharing
A compensation strategy where employees receive a share of the company's profits in addition to their regular salary.
Gainsharing Program
A compensation strategy that shares the financial benefits of performance improvements with employees through collective incentives.
Incentive Pay
Additional compensation awarded to employees for achieving specified goals or exemplary performance.
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