When Russell Meyer started his new job, he was offered a cafeteria plan from which he could choose items such as health care, vision care, child care, life insurance, and membership at the company's gym. This is likely a type of
A) employee benefit.
B) employee orientation.
C) flexible benefit plan.
D) employee empowerment.
E) incentive payments.
Question 2 - Venus Corp operates in many countries. The company has a clearly written mandate for all its contractors abroad. According to this, all contractors must ensure that standardized safety measures are implemented in their factories and workers are made to work for only nine hours in a day. Venus has set a _____.
A) universal legal standard for its vendors
B) code of ethics for its vendors
C) vision that encourages opportunism
D) greenwashing strategy for its vendors
Question 3 - Absolute advantage is the ability to produce a specific product more efficiently than any other nation.
Indicate whether the statement is true or false
Question 4 - The Wall Street Journal's online edition is not provided free to Internet users. Therefore, the primary revenue stream for this online version is probably
A) sales of business products.
B) sales of business services.
C) investment advice.
D) subscription fees.
E) referral services.
Question 5 - The average cost of employee benefits is about ____ percent of total compensation.
A) 8
B) 21
C) 29
D) 33
E) 36
Question 6 - The most socially responsible companies establish _____ for their vendors, setting clear policies for human rights, wages, safety, and environmental impact.
A) codes of conduct
B) universal ethical standards
C) greenwashing principles
D) social responsibilities
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