Following catastrophic hurricane losses, South Coast Insurance Company changed its deductible provision
Rather than using a specified dollar value, $250 for example; the dollar value of the deductible increases with the size of the loss. The type of deductible that South Coast changed to is called a(n)
A) calendar-year deductible.
B) aggregate deductible.
C) straight deductible.
D) percentage deductible.
Answer: D
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A) $552 B) $276 C) $138 D) $69
The preferable supply chain strategy for a firm that sells multiple products and serves customer segments with very different needs is to
A) set up independent supply chains for each different product or customer segment. B) set up a supply chain that meets the needs of the highest volume product or customer segment. C) tailor the supply chain to best meet the needs of each product's demand. D) set up a supply chain that meets the needs of the customer segment with the highest implied uncertainty.
In the 2000s, which country was accused of ethnocentrism, the notion that one’s own culture or company knows best how to do things?
a. Russia b. America c. UK d. Canada
What are the advantages of having the DBMS between the end user's applications and the database?