Why would a company consider increasing the amounts that employees have to pay towards their benefits by increasing premiums or deductibles?

A. To comply with ERISA guidelines
B. To encourage early retirement
C. To contain costs
D. To limit workers' compensation claims


Answer: C

Business

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Which of the following statements supports the sales driven approach to the marketplace?

A) Profit maximization is the ultimate motive of a business. B) A superior product can drive the sales in a company. C) Market capitalization is the ultimate motive of a business. D) Sales and profit maximization are dependent on customer value.

Business

If the standard to produce a given amount of product is 1,000 units of direct materials at $11 and the actual was 800 units at $12, the direct materials quantity variance was $1,000 unfavorable

Indicate whether the statement is true or false

Business

First Direct describes itself as the largest virtual bank in the world

Indicate whether the statement is true or false

Business

Politics and influence work hand-in-hand developing relationships between leaders and followers.

a. True b. False

Business