Which of the Following Is NOT a Reason People Save

question 21

Multiple Choice

Which of the following is NOT a reason people save during their working lifetimes?

• A) so they do not have to drastically reduce their consumption once they retire
• B) to consume later in life
• C) to take precautionary measures in case of job loss
• D) to allow for a more volatile consumption path over time

---

Definitions:

Revenue

The total amount of money received by a company from its sales of goods or services, before any expenses are subtracted.

Corporate-level HR

Human resources management at the strategic level, focusing on policies and decisions that affect the entire organization rather than individual departments or units.

M-form Organizations

Organizations structured in a way that operations are divided into multiple, semi-autonomous units or divisions, each with its own set of functions.

Sustained Competitive Advantage

The ability of a company to maintain its competitive advantage over its competitors over a long period, thereby securing its market position and profitability.