Employees Who Have 401(k)plans Also Have to Decide How to Invest

question 182

True/False

Employees who have 401(k)plans also have to decide how to invest the funds in their plan.

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Definitions:

Timing

The selection of the most appropriate or effective moment to perform an action or communicate a message.

Indirect Approach

A strategy in communication where the main point or a request is made towards the end of the message, after providing background or context.

Direct Approach

A method of communication where the primary message or purpose is presented at the beginning, often used in business or writing to quickly convey the main point.

AIDA Model

A marketing framework that outlines the process for achieving successful advertising and sales, standing for Attention, Interest, Desire, and Action.