Examples of Attempts Made by Employers to Retain Older Workers

question 1

Multiple Choice

Examples of attempts made by employers to retain older workers include

• A)an emphasis on physical effort.
• B)phased retirement plans.
• C)offering more full-time than part-time work.
• D)limiting the availability of paid sabbaticals.
• E)providing health insurance coverage for dependents.

Comprehend the implications of cash concentration and collection strategies on a firm's liquidity.

Recognize the role and usage of different banking instruments (e.g., debit cards, zero-balance accounts) in cash management.

Understand the impact of technological and market developments on reducing collection float.

Understand the impact of the Internet on the growth of online retailing and banking and its implications for float management.

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Definitions:

Forgone Interest

The potential interest earnings lost by choosing to invest capital in one option over an alternative that offers a higher return.

Short-Run Adjustment

The process by which businesses alter their production levels or inputs in response to short-term changes in market conditions.

Local Bakery

A place of business that specializes in producing and selling bread, cakes, and other baked goods to consumers within a specific area.

Plastics Industry

An economic sector involved in the production, distribution, and recycling of plastic materials and products.