Additional Case 12.1 the HR Director of the Camera Center Is Leading the Is

question 39

Multiple Choice

Additional Case 12.1
The HR Director of The Camera Center is leading the executive team through a review of the company's benefits plan. He begins by explaining how the firm funds the benefits plan. After a few questions on that matter, he moves on to clarify what they must offer by law and what benefits the firm would like to provide.
A highly entrepreneurial, performance-driven company, The Camera Center provides an excellent profit-sharing plan and one of the best retirement packages in the industry. The firm commits a high portion of compensation funds to the benefits plan. The workforce tends to be college-educated, young professionals who are just starting their families.
The CEO wants the total benefits plan reviewed and repackaged, if necessary, to align it with The Camera Center's business culture and strategy. He also wants to contain costs as much as possible and simplify benefits
administration.
-Refer to Additional Case 12.1.The HR Director's initial explanation is about the ________ of the benefits plan.

• A) contributions
• B) co-payments
• C) deductible
• D) flexibility

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Definitions:

Values

are core beliefs or principles that guide and motivate attitudes and actions, influencing personal behavior and social interactions.

Motives

Internal drives that prompt individuals to act or behave in certain ways.

Host Country

The nation where a company operates branches or subsidiaries outside of its home country or where international events take place.

Across Cultures Competency

The capability to effectively understand, communicate, and interact with people from different cultural backgrounds.