Explain how the government has played an important role in the growth of employee benefits.

What will be an ideal response?


Three employee benefits are mandated by either the state or federal government: workers' compensation (state), unemployment insurance (federal), and social security (federal). In addition, most other employee benefits are affected by such laws as the Employee Retirement Income Security Act (ERISA), which affects pension administration and various sections of the Internal Revenue Code.

Business

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An employer's exclusion of workers from a workplace until they meet certain conditions is known as a

A. sabbatical. B. picket line. C. strike. D. mediation. E. lockout.

Business

A zero-level marketing channel typically uses a wholesaler and a retailer

Indicate whether the statement is true or false

Business

Business makes few costly mistakes in product introductions into foreign markets.

Answer the following statement true (T) or false (F)

Business

The manager of a branch bank wants to build a simulation model of the lobby operation to reduce the waiting time of her customers. The number of customers arriving at any point of time is an example of a(n):

A) decision variable. B) uncontrollable variable. C) time-compressed variable. D) dependent variable.

Business