Which of the following statements about the insurer death spiral is not correct?

A) The insurance pool is shrinking to those who really need insurance.
B) The remaining policyholders are not susceptible to the peril being insured.
C) The insurance pool is shrinking to those who are facing high risk.
D) The insurance premium that needs to be paid is very high.


B

Business

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The best policy concerning recordkeeping is to:

A) retain all records for three years before discarding them B) require written responses instead of substituting checkmarks C) record only those details that cannot be committed to memory D) require only records that provide positive benefits to those involved in the sales process E) require records on all details and processes in order to maintain sales process discipline

Business

_____ have the longest product life cycles

a. Product categories b. Product items c. Individual brands d. New products

Business

As a rule, any cash flows that are not affected by the accept/reject criterion should not be included

in capital-budgeting analysis. Indicate whether the statement is true or false

Business

In an organization, a(n) ________ is a group formed at the discretion of the founders and composed of individuals outside the business who advise the founders.

Fill in the blank(s) with the appropriate word(s).

Business