| A | B |
| the amount added to the cost of goods sold to determine the selling price In order to make a profit the owner decided to | markup |
| all activities involved with acquiring , developing, and compensating company employees | human resource management |
| the release of an employee from the company due to inappropriate work behavior | discharge |
| the rate at which people enter and leave employment in a business during a year | employee turnover |
| a temporary or permanent reduction in the number of employees resulting from a change in business conditions | layoff |
| the pay and other benefits employees receive in exchange for their labor | compensation |
| pay based on an hourly rate or the completion of a specified amount of work | wage |
| a fixed amount of pay made on a regular schedule such as weekly or monthly | salary |
| hiring an outside firm to perform specialized tasks | outsourcing |
| the kinds of tasks that make up a job and the way workers perform these tasks in doing their jobs | job design |