Which of the following is true of the chain of command in Max Weber's bureaucracy? A) People in lower positions are protected by a grievance procedure.

b) Organizational owners have the right to hire and fire employees.

c) Organizational owners decide on who should be promoted.

d) Tasks and responsibilities are clearly defined and divided.

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)