Which of the following would you expect to see in a company that had highly engaged employees?
A) lower employee retention rates
B) greater employee retention rates
C) a diverse workforce
D) a homogeneous workforce
Answer: B
Explanation: Highly engaged employees are much more likely to be top performers than employees who are not highly engaged. Due to their success, these highly engaged employees tend to stay in their jobs and progress up the company ladder.
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Indicate whether the statement is true or false.
Which of the following statements about the yearly-rate-of-return method (also known as the Belth method) of calculating the yearly rate of return for a life insurance policy is (are) true?
I. The formula requires the use of benchmark prices per $1,000 of protection. II. The main drawback of the formula is its complexity, necessitating the use of a computer to calculate the rate of return. A) I only B) II only C) both I and II D) neither I nor II