You Own and Operate a Small Business That Employs 25

question 7

Multiple Choice

You own and operate a small business that employs 25 people.You are considering cancelling extended health and hospitalization insurance for your employees because of increasing costs.If you do cancel these benefits,which need will become of greater concern to your employees?

• A) safety and security
• B) self-esteem
• C) affiliation
• D) self-actualization

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Definitions:

R&D Expenditures

Funds allocated by a government, corporation, or other entity towards research and development activities aimed at innovating and improving products or processes.

Interest-Rate Cost-Of-Funds

The expense associated with borrowing funds, often determined by the interest rate at which money is borrowed.

Expected-Rate-Of-Return

The anticipated percentage of profit or loss an investment is likely to generate.

Immediate Costs

Expenses that are directly incurred and need to be paid out in the short term.