Which of the Following Is an Advantage of Providing Benefits

question 21

Multiple Choice

Which of the following is an advantage of providing benefits instead of cash compensation?

• A) It is simpler to pay compensation in benefits than in cash.
• B) Benefits give greater control to employees over cash compensation.
• C) All companies that provide benefits become eligible for tax breaks by state and federal agencies.
• D) Younger employees place more importance on benefits than cash compensation.
• E) Employers can assemble creative benefits packages that give them a competitive advantage.

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Definitions:

Brand's Appeal

is the attractive quality or feature of a brand that draws consumers towards it, influencing their perception and purchase decisions.

Communicate

The act of conveying information or expressing ideas and feelings through verbal or nonverbal means.

Segmentation

The process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors who might require separate products or marketing strategies.

Psychographics

The study and classification of people according to their attitudes, aspirations, and other psychological criteria, especially in market research.