In a defined benefits plan, the employer bears the investment risks in funding a future retirement income benefit

a. True
b. False

Indicate whether the statement is true or false


True

Business

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An inventor can get the exclusive right to produce, use, and sell an invention for a period of 20 years by obtaining

a. a patent; b. a copyright; c. a trademark; d. letterhead stationery; e. the services of a CPA

Business

Focusing on the underlying causes of a problem is a characteristic of a management decision problem

Indicate whether the statement is true or false

Business

In a workflow analysis, after we identify the end result and the activities or steps, we have to identify the _____________ that carry out those activities.

A. outputs B. inputs C. management process D. labor hours E. strategies

Business

Which component below is the first step in the organizational design process?

a. Renewing the design b. Gathering data c. Understanding the business climate d. Evaluating the design

Business