Firms with Flexible Benefit Plans May Enjoy a Competitive Advantage

question 32

Multiple Choice

Firms with flexible benefit plans may enjoy a competitive advantage in terms of recruitment.What is the likely reason for this?

• A) Flexible plans can lower administrative costs.
• B) Prospective employees may find the idea of choosing their benefits appealing.
• C) Flexible plans enjoy economies of scale.
• D) Flexible plans imply higher wages.

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Definitions:

Dependent Variable

The variable in an experiment that is expected to change in response to manipulations of the independent variable.

Amount of Food

The quantity of food served or ingested, typically considered in terms of nutritional content or caloric intake.

Control Group

In experimental studies, a group of subjects that does not receive the experimental treatment and is used as a baseline to compare the effects of the treatment.

Therapy

A treatment method or activity aimed at resolving mental or physical health issues.