Which of the following statements characterizes defined benefit plans?
a. They are comparatively simple in construction and raise few accounting issues for employers.
b. Retirement benefits depend on how well pension fund assets have been managed.
c. Retirement benefits are based on the plan's benefit formula.
d. All of these.
C
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The focus strategy refers to focusing on the 'non-price' attributes of a company's products.
Answer the following statement true (T) or false (F)
A runner-up firm that wants to hold its share in an industry without rocking the boat is a ________
A) market follower B) market maven C) market challenger D) market nicher E) market leader
The benefits package offered to ____ employees included stock options
A) us B) we
Operations control includes all of the following except
A. scheduling. B. inventory control. C. basic research. D. purchasing. E. quality control.