When Considering the Differences Among the Generations in Regard to the Type

question 20

Multiple Choice

When considering the differences among the generations in regard to the type of incentives tat would be most effective all of the following may be applicable EXCEPT:

• A) Gen Y prefers richer time off plans.
• B) Gen X prefers more work/life balance programs.
• C) Baby Boomers are focused on individual incentives such as merit increases or bonuses.
• D) Gen X is most concern with incentives that help them achieve their career goals.
• E) Gen Y are more open to stock option plans than Baby Boomers.

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Definitions:

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Utility Function

A mathematical expression that describes how the total satisfaction or happiness of a consumer changes with changes in consumption of goods and services.

Demand Function

A mathematical equation that describes the relationship between the quantity demanded of a good and its various determinants like price, income, and prices of related goods.

Price of X

The amount of money or compensation required to purchase one unit of product X.