Which of the Following Is True of Employee Benefits

question 27

Multiple Choice

Which of the following is true of employee benefits?

• A) In both the U.S. and Europe, the awarding of stock options is linked to specific performance goals.
• B) Pension plans are more widespread in the U.S. and Japan than in Western Europe.
• C) Unlike in the U.S., compensation plans in other countries are less likely to include benefits.
• D) Paid vacation tends to be more generous in Western Europe than in the United States.
• E) Although stock options became a common form of incentive pay in Europe during the 1990s, American businesses did not begin to adopt them until the end of that decade.

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Definitions:

Management Challenges

Refers to various difficulties and obstacles managers face, including motivating employees, resolving conflicts, and making effective decisions.

Small Businesses

Enterprises characterized by a smaller number of employees and revenue, playing a crucial role in the economy and offering personalized services or products.

Sole Proprietorship

A business structure where a single individual owns, manages, and is responsible for all aspects of the business, including debts and liabilities.

Disadvantages

The negative aspects or drawbacks associated with a situation, decision, or action that may affect desired outcomes negatively.