At Blansy, a Cosmetic Manufacturing Company, the Administrative Staff Members

question 71

Multiple Choice

At Blansy, a cosmetic manufacturing company, the administrative staff members are given the option to attend office at any time of the day, provided they clock six hours in office every working day of the week. In the context of employee benefits, this scenario best exemplifies _____.

• A) a flextime plan
• B) a job-sharing plan
• C) telecommuting
• D) affirmative action

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Definitions:

Diversification Benefits

The reductions in risk achieved by spreading investments across various assets, sectors, or markets to minimize the impact of any single investment's performance.

Revenue Enhancement

Strategies or activities aimed at increasing the total revenue of a company, often through marketing, pricing adjustments, and expansion into new markets.

Cost Reductions

Measures implemented by a company to decrease its expenses and improve profitability.

Horizontal Acquisition

The merger or takeover of one company by another in the same industry or production stage, aiming for growth or reducing competition.