Limiting the liability for an employee's extended hospital stay costs to $200,000 is a cost-containment measure known as:
A. dual coverage.
B. coinsurance.
C. deductible.
D. benefit ceiling.
Answer: D
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Retailers try to locate their stores close to other retailers that appeal to similar target markets. Which of the following statements is not true in explaining how and why retailers do this?
A. The principle of cumulative attraction states that a cluster of similar and complementary retailing activities have greater drawing power than isolated stores that engage in the same retailing activities. B. Customers want to shop where they will find a good assortment of merchandise. C. Retailers consider complementary retailers in location selections. D. Retailers must avoid locating close to other retailers that compete directly. E. Retailers such as the Build-a-Bear Workshop selling stuffed animal toys and the Disney Store try to have locations close to each other.
What would a deep look at the cost structure of Boll and Branch (Illustration Capsule 4.1), a manufacturer and online marketer of luxury linens, reveal?
What will be an ideal response?
What does the research reveal about the effects of unions, both positive and negative?
What will be an ideal response?
How is the unit contribution margin calculated?
What will be an ideal response