Business terms meaning

Business terms meaning

9th - 12th Grade

5 Qs

quiz-placeholder

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Business terms meaning

Business terms meaning

Assessment

Quiz

Other

9th - 12th Grade

Practice Problem

Hard

Created by

Reda Alaoui

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Labour Turnover

The rate at which employees leave a company and are replaced by new hires.

The rate at which employees stay in a company.

Employess getting a raise

kicking out employees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Formative Appraisal

The net departure of employees over a defined period of time

  • Ongoing feedback given to an employee, typically focusing on areas of improvement and growth during the job.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

360-degree feedback

information about reactions to a product, a person's performance of a task, etc. which is used as a basis for improvement.

  • A feedback system where employees receive confidential and anonymous feedback from those who work around them.

organization—usually a group of people or a company—authorized by the state to act as a single entity and recognized as such in law for certain purposes

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Salary

  • A fixed regular payment, usually monthly or biweekly, made by an employer to an employee.

a foreign corporation owned more than 50 percent either in terms of market value or voting power.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Wages (time and piece rates)

  • Payments made based on the hours worked (time rate) or the number of items produced (piece rate).

Salary

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