Upon cashing in a life insurance policy, an insured would receive the
a. endowment value.
b. open value.
c. return of premiums paid.
d. cash surrender value.
D
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A major advantage that social media marketing offers companies is its ability to ________
A) create direct relationships with customers B) track youthful consumers C) make print media obsolete D) bypass rational thought channels
Which of the following statements is FALSE? The purpose of The Competition Act is
A) to ensure small and medium sized businesses have an equitable opportunity to participate in the Canadian economy B) to provide consumers with competitive prices C) to maintain and encourage competition among businesses D) to ensure consumers are provided with product choices E) to fund new businesses that will provide more competition in certain industries
Describe a successful entrepreneur’s typical reaction to failures, particularly small ones.
a. They have very few failures because they do everything to avoid them. b. They get out of the business as early as possible in order to cut their losses. c. They see failures as opportunities to build on what they learned or capture new opportunities. d. They try to make failures happen to increase the overall creative tension.
________ are investments in securities that are not readily convertible to cash, or are not intended to be converted to cash in the short-term.
What will be an ideal response?