Many older companies have changed from a defined-benefit plan to a(n) ________, which is a retirement plan where workers are credited with a percentage of their pay each year, plus a predetermined rate of interest
A) funded pension plan
B) cash balance plan
C) unfunded pension plan
D) percentage plus inflation plan
E) none of the above
Answer: B
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Answer the following statement(s) true (T) or false (F)
1. Corporate Social Responsibility is the idea that business interact with the organization's stakeholders for social good while they pursue economic goals 2. The capability of corporations to influence, the economy, government, and society based on their organizational resources is called the big business principle 3. Huge businesses can disproportionally can influence politics, shape tastes, and dominate public discourse 4. Corporate power says that in the long run, those who do not use power in ways society considers responsible will tend to lose it 5. The concept of CSR is rooted in the meaning to pledge back, creating a commitment to give back to society and the organization's stakeholders.
In systems buying, the U.S. government often solicits bids from prime contractors. What do prime contractors do?
What will be an ideal response?