When Managers Consider Issues That Affect Their Firm,they Often Ignore

question 22

Multiple Choice

When managers consider issues that affect their firm,they often ignore

• A)ethical considerations.
• B)fmancial concerns.
• C)personnel matters.
• D)personal stakes.

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Definitions:

Employer-provided Insurance

Health insurance coverage provided to employees (and often their families) as part of an employment benefit package.

Birthday Rule

A rule that states that the insurance policy of a policyholder whose birthday comes first in the year is the primary payer for all dependents.

Birthday Rule

An insurance policy determination rule that establishes priority of coverage for a child when covered by both parents' plans; typically, the parent whose birthday occurs first in the calendar year holds the primary plan.

Primary Payer

The insurance or funding source that is responsible for paying a claim first, before any other coverage is considered.