Describe the characteristics of a government insurance program
What will be an ideal response?
1 ) participation is generally compulsory, 2 ) the benefits are predetermined by law, there is no individual choice, 3 ) the taxing power of the government usually exists to support benefits, 4 ) benefits can be changed at any time by law, no contract exists.
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A runner-up firm that wants to hold its share in an industry without rocking the boat is a ________
A) market follower B) market maven C) market challenger D) market nicher E) market leader
A manager can improve EVA by
A) decreasing assets. B) increasing tax expense. C) increasing cost of capital. D) decreasing current liabilities.
Which retail institution generally does not mention specific brand names and/or prices in its advertising?
a. department store b. off-price chain c. full-line discount store d. variety store
During interviews, there is typically an exchange of information between the job candidate and interviewer. What should you be prepared to discuss during this part of the interview?