Although the Skills Learned Do Not Always Translate into Profits

question 56

Multiple Choice

Although the skills learned do not always translate into profits for the company, ________ pay rewards the growth of both the individual and team participation.

• A) skill-based
• B) gain-sharing
• C) commission
• D) stock option

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Definitions:

Fee

A charge or payment for a service, often imposed by a professional or official body.

Property Insurance

Insurance coverage that provides financial reimbursement to the owner or renter of a structure and its contents in case of damage or theft.

Premiums

Payments made by individuals or businesses to insurance companies in exchange for coverage against specified risks.

Deductible

An amount of any loss that is to be paid by the insured.