Which of the following is a primary benefit of entrepreneurial competition?

Brenda has been offered choices when selecting her benefits. She knows she wants health insurance, is unsure of vision insurance

tatuchka [14]

Answer:

The correct answer is flex-plans.

Explanation:

These plans allow employees to choose the benefits they prefer or want, instead of being selected by the organization's administration. In this way the employee adapts the benefits package to his needs. For example, an employee in the manufacturing area who has great concern for his well-being or health, might prefer the benefit of additional life insurance.

In short there are many alternative benefits for which they can opt.

The precise advantages of these plans and consequently the reasons why they are becoming increasingly popular are:

1. They allow employees to make relevant decisions about their individual finances and balance requirements with benefit plans.

2. Plans help organizations control costs, especially health. This is because managers can define the maximum amount they will use in each benefit. In other words, flexible payment plans often produce savings for organizations.

3. These plans become instruments to control and keep employees.

For employees, flexibility can be attractive, since in this way they can design their benefits and coverage levels based on their own requirements, therefore, in this sense, benefit plans become an advantage for them.

7 0

3 years ago

True or false: when a company issues common stock, it gives cash to its owners in exchange for stock.

rewona [7]

When a company issues common stock, it gives cash to its owners in exchange for stock is False Option(b) is correct. Since common stock is more presented to the dangers of the business than bonds or favored stock, it offers a more prominent potential for capital appreciation.

<h3>What is a Common stock?</h3>

Common stock is a type of corporate value possession, a kind of safety. The terms casting a ballot offer and conventional offer are likewise utilized regularly beyond the US.

They are known as value offers or standard offers in the UK and other Commonwealth domains. This sort of offer gives the stockholder the option to partake in the benefits of the organization, and to decide on issues of corporate approach and the arrangement of the individuals from the governing body.

The proprietors of common stock own no specific resources of the organization, which have a place with every one of the investors in common.

A partnership might give both standard and inclination shares, in which case the inclination investors have need to get profits. In case of liquidation, standard investors get any leftover supports after bondholders, lenders (counting representatives), and inclination investors are paid.

At the point when the liquidation occurs through insolvency, the conventional investors don't ordinarily get anything.

Therefore Option(b) is correct.

Learn more about stock here:

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8 0

2 years ago

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Firms often use _____ advertising to convince consumers to take action such as switching brands, trying a new product, or even c

inysia [295]

<span>The answer to the question is persuasive. A persuasive advertisement is one that can convince a consumer to switch from one brand to another, or to stay loyal to a brand. Firms use persuasive advertising as part of their marketing strategy to keep customers and to also attract new ones.</span>

8 0

3 years ago

Joey realizes that he has charged too much on his credit card and has racked up $5,100 in debt. If he can pay $125 each month an

N76 [4]

Answer:

It will take Joey 63.59 months to pay off the debt.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or debt amount = $5,100

P = Monthly payment = $125

r = annual percentage rate (APR) / 12 = 18% / 12 = 0.18 / 12 = 0.015

n = number of months it will take Joey to pay off the debt = ?

Substitute the values into equation (1) and solve for n, we have:

5100 = 125 * ((1 - (1 / (1 + 0.015))^n) / 0.015)

5100 / 125 = (1 - (1 / 1.015)^n) / 0.015

40.80 * 0.015 = 1 - 0.985221674876847^n

0.985221674876847^n = 1 - 0.612

0.985221674876847^n = 0.388

loglinearize both sides, we have:

nlog0.985221674876847 = log0.388

n = log0.388 / log0.985221674876847

n = -0.411168274405793 / -0.00646604224923186

n = 63.59

Therefore, it will take Joey 63.59 months to pay off the debt.

8 0

3 years ago

What kind of innovation is helping Ben save time?

Nookie1986 [14]

The answer to the first part of the question is Technological (A), and part 2 is Outweigh (B)

6 0

4 years ago

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