Explain the difference between a defined contribution and a defined benefit plan
What will be an ideal response?
A defined benefit plan uses a formula approach for determining the benefit at the time the employee begins to receive benefits. A defined contribution plan requires the employer to make a specified input payment and makes no promises as to how much will be paid to the employee when benefits are distributed.
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Core competencies and competitive capabilities are usually
A. lodged in the narrow skills and specialized work efforts of a single department, as opposed to the combined expertise and capabilities of specialists scattered across several departments. B. built rapidly, usually in conjunction with important product innovations. C. bundles of skills and know-how that most often grow out of the collaborative efforts of cross-functional work groups and departments performing complementary activities at different locations in a firm's value chain. D. observed to stem from collaborative efforts with strategic allies. E. found to result in competitive advantage when they involve highly specific technologies and are grounded in a company's own deep technical expertise.
The Anticybersquatting Consumer Protection Act protects against bad faith registrations of
domain names only if the domain name is trademarked. Indicate whether the statement is true or false
Madura Inc. wants to increase its free cash flow by $180 million during the coming year, which should result in a higher EVA and stock price. The CFO has made these projections for the upcoming year: ? ·EBIT is projected to equal $960 million. ·Gross capital expenditures are expected to total to $360 million versus depreciation of $120 million, so its net capital expenditures should total $240 million. ·The tax rate is 40%. ·There will be no changes in cash or marketable securities, nor will there be any changes in notes payable or accruals.? What increase in net operating working capital (in millions of dollars) would enable the firm to meet its target increase in FCF?
A. $176 B. $156 C. $117 D. $161 E. $137
In a corporate compliance program, the Justice Department expects to see high-level persons in the company with responsibility to oversee the program
a. True b. False Indicate whether the statement is true or false