Which of the following statements concerning the reduction of social security benefits is (are) correct?

besides early retirement, there are two other situations in which beneficiaries can have their benefits reduced: through the retirement earnings limitations test and through taxation of benefits.

a person generally can continue to work even though he or she is considered "retired" under social security; however, those earnings for a person under normal retirement age must not exceed certain limitations.

a)1 only
b) 2 only
c) both 1 and 2
d) neither 1 nor 2

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position