Michael is the CEO of a company that is expanding overseas. He considers introducing a cafeteria-style benefits plan to cater to the company's diverse workforce. However, the HR team brings up the concern of higher expenses involved in this type of benefits. What is Michael likely to do to lower costs at the initial stage?
A. discourage employees from choosing lower-cost options
B. use software packages to design the plan
C. opt for communication methods that do not stress the value of each benefit
D. avoid standardized plans available for employers opting for cafeteria-style benefits
E. encourage employees to choose benefits they need the most
Answer: B
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