Compared to indemnity plans, what is an advantage of managed health care plans?
A) You will have lower insurance premiums.
B) There are no out-of-pocket expenses required.
C) You have greater choices of health care providers.
D) They are very efficient in their handling of paperwork.
Answer: A
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________ has overtaken the United States as the world's largest luxury market; it's forecast that one-third of all high-end goods will be sold there in the coming years
A) China B) India C) South Africa D) Brazil E) South Korea
______ can be demotivating, since employees know they will get paid regardless of how they perform, which also encourages poor performers to stay in an organization much longer.
A. Skill-based pay B. Job content-based pay C. Performance-based pay D. Seniority-based pay
The approach by a firm to give away a base product and make money on the complementary products required to make the base product useful is called:
a. installed base pricing b. no alternative pricing c. captive product pricing d. monopolistic pricing e. predatory pricing
In the context of small businesses, what is trade credit?
What will be an ideal response?