A Company Is Referred to as a Diversified Company or a Conglomerate

question 164

Multiple Choice

A company is referred to as a diversified company or a conglomerate if it operates in

• A)many related industries.
• B)many unrelated industries.
• C)many and varied locations throughout the world.
• D)one single major industry.

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Definitions:

Company Pension Plan

A retirement savings program provided by an employer, offering employees a fixed payout upon retirement based on their earnings history, tenure, and age.

Psychological Counselling

Professional guidance provided by a psychologist focusing on resolving personal or psychological challenges.

Compensation System Designing

The process of establishing and creating a structured pay and benefits package for employees within an organization.

Total Level of Compensation

The complete range of financial and non-financial rewards provided to an employee, including salary, bonuses, benefits, and perks.