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jenyasd209 [6]
2 years ago
12

As part of the efforts to bring down the employee benefits cost to the company, GrindStop Corp. restricts the number of visits t

o the dentists covered in the dental plan to two per year. Which of the following cost-containment strategies is used by GrindStop?A. CopayB. Benefit limitationC. Administrative cost containmentD. Wellness program
Business
1 answer:
earnstyle [38]2 years ago
8 0

Answer:

<em>B. Benefit limitation</em>

Explanation:

Benefit Limitation means the <em>annual (a) Code Section 401(a)(17) limitations on the compensation of a Participant which may be taken into account for the purposes of the Company contributions.</em>

Since, GrindStop Corp wants to save on business cost, they put limitations on how many times an employee visits the dentist.

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In the context of SWOT analysis, marketers can identify strengths and weaknesses by focusing on:
Galina-37 [17]

Answer: In regards to the SWOT analysis, if marketers tend to identify strength and weaknesses they should focus on :<u><em> Employee Capabilities</em></u>

SWOT stands for <u>S</u>trength, <u>W</u>eakness, <u>O</u>pportunities and <u>T</u>hreats. In this particular case the marketers can use this particular analysis in order to identify and analyse the weakness and strength by focusing on their employees capabilities and thereby improving their performances in order to have better output.

<u><em>Therefore, the correct option is (a)</em></u>

8 0
3 years ago
A mother earned ​$ 7500.00 from royalties on her cookbook. she set aside​ 20% of this for a down payment on a new home. the bala
Marina CMI [18]
Amount of money deposited in the two accounts is 80% of 7500$.
Amount of money in the two accounts = 0.8 * 7500 = 6000$

Now assume that the amount deposited in CD account is m and the amount deposited in the saving bond is n.
m + n = 6000 
Therefore: m = 6000 - n ................> equation I

Now we write another equation expressing the savings:
0.04m + 0.07n = 360 ............> equation II

Substitute with equation I in equation II:
0.04 (6000-n) + 0.07n = 360
240 - 0.04n + 0.07n = 360
0.03n = 120
n = 4000 $

Substitute with n in equation I to get the value of m as follows:
m = 6000 - n = 6000 - 4000 = 2000

Based on these calculations:
The amount of money deposited in the CD = 2000$
The amount of money deposited in the saving account = 4000$
8 0
3 years ago
A Goldsmith could hold some gold in reserve for depositors’ withdrawals, but ________________ excess gold and thereby make a pro
den301095 [7]

Answer: Loan out

Explanation:

Goldsmith is one of the many traditional form of medium of exchange used in the past. Whereby you placed your gold to a goldsmith and in return receive a receipt to use that as a medium of cash exchange.

If goldsmith could loan out excess gold they can make a profit from depositors fund. Because that excess gold gives them an opportunity to loan it out.

7 0
3 years ago
Suppose an economy is initially operating at long-run equilibrium when there is an increase in consumer optimism about the econo
sladkih [1.3K]

Answer:

The correct option is Increase and Decrease respectively

Explanation:

6 0
3 years ago
The following information is from the annual financial statements of Nancy Company.
lakkis [162]

Answer:

5.79 times

Explanation:

The computation of the Accounts receivable turnover ratio  

= Credit sales ÷ average accounts receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($46,400 + $49,700) ÷ 2

= $48,050

And, the net credit sale is $278,000

Now put these values to the above formula  

So, the answer would be equal to  

= $278,000 ÷ $48,050

= 5.79 times

5 0
3 years ago
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