Under a ______ the employee does not know what their retirement benefit will be.

A. utilization analysis
B. defined contribution plan
C. vesting plan
D. defined benefit plan


B. defined contribution plan

Business

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The difference between the par value and the price of a stock when the stock is issued at a price above par is known as a(n) ____________________

Fill in the blank(s) with correct word

Business

The “Demarcation of Control” or the point at which control of decision-making shifts to followers is a part of which approach?

a. path-goal b. Hersey/Blanchard c. Vroom/Jago d. contextual

Business

In a general sense, a business stakeholder is one who has made substantial financial investments in the business.

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

Business

A construction firm wants to estimate the direct labor of a worker who will perform multiple iterations of tasks. The worker must do a total of 20 of these activities to reach steady state. The time estimated to perform the 20th iteration is 2 hr, and the learning rate for this repetitive activity is 70%. The cost of labor is $40/hr. Estimate the time necessary to complete the first activity.

A. 9.34 hr B. 8.43 hr C. 5.34 hr D. 10.31 hr

Business