Question: Write a response to the following question. Suppose you were given a choice to select from a menu of items in your employee benefits package.

Write a response to the following question.
"Suppose you were given a choice to select from a menu of items in your employee benefits package. The menu might include medical coverage, life insurance equal to a year's salary, vacation time based on length of employment with the company and retirement pay equal to 8 percent of income. Comment on how such a "flexible benefits package" would affect your preference between higher wages and more benefits. Use the theory of consumer behavior in your answer

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Consumer Behavior Introduction Consumer behavior is actions that involve obtaining consumption or positioning of a product or a service including the decision processes that follow the activities The ... View full answer

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