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Most managers in the financial industry work for several different

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Joined: 27 Dec 2016
Posts: 110

Kudos [?]: 35 [0], given: 690

Concentration: International Business, Marketing
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Most managers in the financial industry work for several different [#permalink]

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New post 06 Aug 2017, 15:54
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Difficulty:

  15% (low)

Question Stats:

87% (01:07) correct 13% (01:04) wrong based on 45 sessions

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Most managers in the financial industry work for several different companies over the course of their careers, seeking new employment in response to market pressures and changing corporate policies. Paxton Investment Group, however, is renowned in the financial sector for its exceptionally low managerial turnover. Paxton attributes its ability to retain managers to its extremely generous managerial salaries.

Which of the following, if true, would provide the strongest support for Paxton Investment Group’s statement regarding its managers’ reluctance to change companies?

(A) Many managers in the financial sector have spouses that also work in finance.

(B) The majority of managers at Paxton Investment Group had previously worked at several other companies before working at Paxton.

(C) Managers in the financial industry consistently list “income” as the greatest motivator for seeking employment with a new firm.

(D) Investment firms with lower managerial salaries than those at Paxton often compensate by offering their managers performance based bonuses.

(E) Other investment firms provide their managers with salaries similar to those at Paxton Investment Group.

Source: PS Bible

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[Reveal] Spoiler: OA

Last edited by broall on 06 Aug 2017, 18:05, edited 1 time in total.
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Kudos [?]: 35 [0], given: 690

Most managers in the financial industry work for several different   [#permalink] 06 Aug 2017, 15:54
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