_____ firms acquire inventory items in a physical condition ready for sale
a. Merchandising
b. Manufacturing
c. Technology
d. Production
e. Health Care
A
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In seeking competitive advantage, the first law of business is to
A. take care of your shareholders. B. take care of your stakeholders. C. take care of the customer. D. take care of the environment. E. take care of your employees.
According to D'Aveni, in today's business environment, short product life cycles, short product design cycles, new technologies, and globalization undermine market stability; thereby an acceleration of competitive forces takes place
Indicate whether the statement is true or false
________ involves one-to-one personal communication with a customer.
A. Advertising B. Personal selling C. Social media marketing D. Sales promotion E. Public relations
ABC Life Insurance Company is offering a new product. The product is a two-year term insurance policy funded by a single premium at the start of the first year. Death claims are paid at the end of the year in which death occurs
A portion of the appropriate mortality table is shown below. The first number is age, the second is the number alive at the start of the year, and the last number is the number dying during the year. 39 9,693,539 14,928 40 9,678,611 15,970 Using a 5.5 percent interest rate, the present value of $1 one year from today is .9479, and the present value of $1 two years from today is .8985. Assuming a 5.5 percent interest rate, what is the net single premium for a $1,000 two-year term policy issued at age 39? A) $1.49 B) $2.94 C) $5.67 D) $12.83