Explain the advantages to an employer of a defined benefit pension plan versus a defined contribution pension plan
What will be an ideal response?
There are two advantages. 1 ) The defined benefit plan has a target replacement ratio sufficient to support a worker in retirement when supplemented by social security and the workers' savings. This facilitates the retirement of older employees, rather than having them work longer into their old age. 2 ) The tax benefits, particularly for small firms, may be greater.
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The country in which an international business operates is a(n) ______.
a. receptive country b. adaptive country c. resource country d. host country
Theresa has a contract to teach eighth grade at Washington Middle School. She decided she could make more money writing a book, so she wants to assign her teaching contract to her friend, Stephanie, who is also a licensed teacher
a. If effective, this would be both an assignment and a delegation. b. The duties which Theresa wants to delegate are personal in nature. c. If the school district agrees to accept Stephanie's services, a novation would occur, which would relieve Theresa of her obligation to the school district. d. All of these are correct.
The JIT method of inventory control attempts to minimize ordering costs
Indicate whether the statement is true or false.
Karl is fond of saying, "Remember, half the doctors you see graduated in the bottom of their class." Karl is attempting to limit the _____ power of physicians.
A. expert B. legitimate C. referent D. reward E. coercive