Roxanne has a serious heart condition. She has worked as an administrator with employer-sponsored health insurance at Big Company for ten years. She has been offered a great job at Up and Coming Company that she would like to take. It pays slightly less but has great opportunities for advancement. Up and Coming has health insurance, but there is a preexisting condition with the insurance excluding coverage for any preexisting health condition for six months. Roxanne says that if she takes the job at Up and Coming she will not be able to afford to continue her health insurance from Big Company. Up and Coming wants her to start immediately. She is in a quandary about what to do. What would you advise her to consider?
a. She should consider relying on the Health Insurance Portability and Accountability Act which would likely prohibit enforcement of the preexisting condition exclusion.
b. She should consider relying on the Consolidated Omnibus Budget Reconciliation Act which would require that Big Company pay for the continuation of her insurance through Big Company for six months.
c. She should file for assistance with the insurance payments under the Worker Adjustment and Retraining Notification Act.
d. She should not take the job with Up and Coming because she cannot afford to take a risk with the preexisting condition exclusion.
a
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A. Structural benefit B. Synergy C. Selective function D. Alignment E. Consolidation
Which of the following types of compensation scheme should be used when management is more interested in long-term goals rather than simply selling as much volume as possible?
A) a straight commission B) a straight salary C) a trade allowance D) an incentive payment
Total asset turnover is used to evaluate:
A. The relation between asset cost and book value. B. The number of times operating assets were sold during the year. C. The efficient use of assets to generate sales. D. The necessity for asset replacement. E. The cash flows used to acquire assets.
The disadvantage of building up inventory during the off season to meet demand during peak seasons and keep production stable year round is
A) very low inventory costs because no inventory needs to be carried from period to period. B) very high inventory costs because inventory needs to be carried from period to period. C) in the fact that a firm could get by with a smaller, less expensive factory. D) in the fact that a firm could get by with a larger, more expensive factory.