Insurance companies provide two types of services. One service is an identified contract service-mortality protection or loss protection. The second service consists of investment management service
Indicate whether the statement is true or false
T
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The Fortune Company reported the following income for Year 2: Sales$133,000? Cost of goods sold 81,500? Gross margin$51,500? Selling and administrative expense 18,000? Operating income$33,500? Interest expense 5300? Income before taxes$28,200? Income tax expense 8460? Net income$19,740? What is the company's number of times interest is earned ratio?
A. 5.3 times B. 3.7 times C. 6.3 times D. None of these answers is correct.
Which of the following are the two components of a global marketing strategy?
A. understanding the supply chain and distribution networks in foreign markets B. developing culturally appropriate advertising messages and cultivating "domestic" habits among foreign consumers C. understanding foreign currency fluctuations and developing products that can be priced accordingly D. determining which target markets to pursue and developing a marketing mix to obtain a competitive advantage E. adapting to foreign regulations and targeting as many people as possible
A measure of a store's affinity is its _____
a. pedestrian traffic b. vehicular traffic c. degree of customer interchange d. road visibility
When conducting selection interviews, Sarah likes to ask questions like “Imagine you are working the night shift and a piece of machinery breaks down. What would you do?” Sarah is asking _______ questions.
A. probing B. unstructured C. closed-ended D. hypothetical E. traditional