Features of a 401(k) plan include all of the following except:

a. Pension benefits are based on past earnings and length of service with the company.
b. The employer may match a certain portion of the employee's investment.
c. Taxes are deferred on wages invested in the plan.
d. Investments may be made in company stock, mutual funds or other investment vehicles.


a

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Answer the following statement true (T) or false (F)

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Construct validity is the simplest and easiest type of validity to establish

Indicate whether the statement is true or false

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Which statement represents a challenge to Evan and Freeman's defense of the stakeholder theory against the economic model of corporate social responsibility?

A. The stakeholder theory cannot answer the question as to how, exactly, a manager should go about balancing the diverse and competing claims of all parties. B. Courts and legislatures have recognized that the rights and interests of various constituencies affected by corporate decisions limit managers' fiduciary responsibility. C. There is no guarantee that when managers produce profits, they will serve the interests of either stockholders or the public. D. The law now recognizes a wide range of managerial obligations to such stakeholders as consumers, employees, competitors, the environment, and the disabled.

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Which of the following statements is most likely true of public relations?

A) It requires participating companies to pay for media space or time. B) It can have the same impact on public awareness as advertising at much lower costs. C) It is always handled by a third-party agency hired by the firm. D) It forms a huge portion of the overall marketing budget of most large firms. E) It plays an insignificant role in brand building with the increasing popularity of advertising.

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