Winslow Corporation has many long-term employees. The company has never had a pension plan. Recently, a new management team was hired
The new president said he would like to start a pension plan through which he could reward the long-term service provided by many employees. Which of the following types of plans should Winslow Corporation adopt?
A) section 403(b) plan
B) section 401(k) plan
C) money-purchase plan
D) defined benefit plan
Answer: D
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An effective revenue management tactic when faced with seasonal peaks is to charge a
A) high price during the peak period and a higher price during off-peak periods. B) higher price during the peak period and a lower price during off-peak periods. C) lower price during the peak period and a higher price during off-peak periods. D) low price during the peak period and a lower price during off-peak periods.
Consider a corner point to a linear programming problem, which lies at the intersection of the following two constraints:
6X1 + 15X2 < 390 2X1 + X2 < 50 Which of the following statements about the corner point is TRUE? A) X1 < 21 B) X1 > 25 C) X1 < 10 D) X1 > 17