Answer the following statements true (T) or false (F)
Currently, pension funds can be diverted from older employees toward younger employees through cash balance plans.
ANSWER: T
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Direct contact and liaison roles provide sufficient coordination when multiple functions or divisions must work together on common goals and problems.
Answer the following statement true (T) or false (F)
Sensitivity analysis empowers managers with better information for decision making by analyzing how various business strategies will affect profits earned by the company
Indicate whether the statement is true or false
Which of the following external forces is a part of a firm's task environment?
A. the inflation level in the economy in which the firm operates B. the interest rates prevalent in the economy in which the firm operates C. the recent innovations in process technology, including lean manufacturing D. the composition of the strategic group to which the firm belongs
A Markov assumption is that the probabilities in each row sum to 1 because they are mutually exclusive and collectively exhaustive
Indicate whether this statement is true or false.