Which of the following is a source of economic risk in many countries?
A. good intellectual property law
B. good enforcement of property rights
C. counterfeiting
D. political unrest
Answer: C
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Group mortgage life is most similar to
A) whole life insurance. B) decreasing term insurance. C) renewable term insurance. D) deposit term insurance.
Economies of scale occur when ______.
a. production is greater than demand b. not enough is demanded at a given price c. the cost per unit of output decreases as the volume of output increases d. the total cost declines as the volume of output increases
Which of the following scenarios exemplifies the use of biometrics?
A. A system determining the response rate of individuals under stressful conditions B. A system scanning the magnetic code on the dress worn by employees C. A system determining the cognitive ability of individuals by administering tests D. A system scanning the eye pupils of employees
Location decisions involve all of the following EXCEPT this:
a. Selecting a site b. Identification of markets to be served by the facility c. Researching potential locations d. Negotiating employee benefits