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Garnet and RenCo each provide health care for their

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Senior Manager
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Joined: 03 May 2013
Posts: 321
Location: India
Concentration: Operations, Human Resources
Schools: ISB '16, IIMA (M)
GPA: 4
WE: Human Resources (Human Resources)
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Kudos [?]: 38 [0], given: 46

Re: Garnet and RenCo each provide health care for their [#permalink] New post 30 Jan 2014, 08:35
Garnet and RenCo each provide health care for their employees.
Garnet pays for both testing of its employees' cholesterol levels and treatment of high cholesterol. This policy saves Garnet money, since high cholesterol left untreated for many years leads to conditions that require very expensive treatment.
However, RenCo dose not have the same financial incentive to adopt such a policy, because ______.

A. early treatment of high cholesterol does not entirely eliminate the possibility of stroke later in life....that may apply to both firms...irrelevant
B. the mass media regularly feature stories encouraging people to maintain diets that are low in cholesterol...so what?
C. RenCo has significantly more employees than Garnet has....employee strength is irrelevant
D. RenCo's employees are unlikely to have higher cholesterol levels than Garnet's employeeseven if it is equal...the financial benefit should have accrued...
E. the average length of time an employee stays with RenCo is less than it is with Garnetcorrect..note the premise-[color=#0000ff]""This policy saves Garnet money, since high cholesterol left untreated for many years leads to conditions that require very expensive treatment""...if average time spent is less less benefit accrues from it as cases of " high cholesterol left untreated for many years leading to conditions requiring very expensive treatment " .. may not be there.....[/color]
Re: Garnet and RenCo each provide health care for their   [#permalink] 30 Jan 2014, 08:35
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Garnet and RenCo each provide health care for their

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