Financial ratios are only useful when they are compared to other ratios. All of the following are useful means of examining relative performance except
a. Aggregate economy
b. Industries
c. Competitors
d. Historical performance
e. All of the above are relevant comparison measures for financial ratios
E
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Which one of the following statements is true of employee benefits?
A. Employees generally have a thorough understanding of what benefits they have and what the market value of these benefits is. B. Employees significantly underestimate the cost and value of their benefits. C. Employers do an effective job of communicating the cost and value of benefits to their employees. D. Employees, for the most part, are just not interested in their benefits. E. Employers have very limited options for communicating information about benefits.
In brainstorming, how should the group handle a seemingly outlandish idea?
A) Loudly discourage its originator. B) Welcome it. C) Ask for clarification. D) Ask that it be put in writing.