Examlex
When Cadillac added a new sport utility vehicle called Escalade to the "luxury-oriented" selection at its existing dealers, it was seeking "market development" opportunities.
Pay System
The structure and methodology an organization uses to compensate its workers, encompassing salary, wages, bonuses, and benefits.
Performance-Based Pay
A compensation system where employees are paid based on their performance or achievements in their role, rather than receiving a fixed salary.
Productivity
The efficiency with which goods or services are produced, often measured as output per unit of input, like labor or resources.
Detrimental Effects
Negative impacts or outcomes that result from a particular action or policy.
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