Which one of the following is false concerning the standardization of insurance policies?
A) It reduces the risk for the insurance companies resulting from the principle of adhesion.
B) It holds rates below what they would otherwise be.
C) It reduces adverse selection.
D) It increases flexibility.
D
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Elephant, Inc.'s cost of goods sold for the year is $1,900,000, and the average merchandise inventory for the year is $132,000. Calculate the inventory turnover ratio of the company. (Round your answer to two decimal places.)
A) 6.95 times B) 14.39 times C) 7.20 times D) 9.31 times
Leaders in organizations can communicate high expectations to followers by ______.
A. provide more autonomy B. treat followers equally C. providing lectures of the day’s expectations D. creating a warmer emotional climate
Which of the following statements about magazines as an advertising medium is true?
A) Magazines have long lead times and deadlines that can reduce flexibility. B) Magazines have not benefited from advances in communication technologies. C) Magazines typically use a mass marketing strategy. D) Magazines do not accept local advertising. E) Magazines have poor reproduction quality of images.
A system fails 20 times in 800 hours of operation. The MTBF of the system is ______.
a. 40 hours b. 29 hours c. 32 hours d. 55 hours