A pension plan provides for future retirement income based on the employee's earnings and length of service with the company. This type of pension plan is termed a
A. contributory plan.
B. defined contribution plan.
C. noncontributory plan.
D. defined benefit plan.
Answer: D
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According to the factor-endowment theory, which factor is the ultimate determinant of comparative advantage?
a. productivities of labor inputs b. tastes and preferences among nations c. changes in technologies over time d. relative differences in resources
How should you respond if an interviewer asks, Why should we hire you when other applicants have better credentials?
A) Admit that you are less qualified, but stress you can be paid less than more experienced applicants. B) Describe how you are correcting one of your most significant weaknesses to display your strong work ethic and determination. C) Confidently explain your strengths such as your openness to new ideas and knowledge of the latest methods and equipment. D) Since it is clear that you will not get this job offer, do not answer this question.
Which of the following is NOT a risk associated with the use of yield management?
A. Loss of competitive focus B. Customer alienation C. Incompatible incentive and reward systems D. Overbooking E. All of the above are risks associated with the use of yield management.
With the biller direct method of an electronic bill presentment and payment (EBPP) system, a company posts its bills/invoices to its own Web site (or to a Web site hosted by a third party) and sends an e-mail notification to its customers telling them that their bill has been posted.
Answer the following statement true (T) or false (F)