Members of Mid-South Petroleum Distributors, a trade group, had trouble obtaining affordable pollution liability insurance. The members formed a group captive that is exempt from many state laws that apply to other insurers
This group captive is called a(n)
A) reinsurance pool.
B) Lloyd's association.
C) alien insurer.
D) risk retention group.
Answer: D
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Excluding important negative information about a candidate in a recommendation letter
A) is expected—otherwise no one would be able to get a good job. B) has led some employers to sue after hiring the candidate and discovering problems. C) is the only way to prevent the candidate from suing you. D) is okay, as long as you explain to the candidate that you are doing it. E) is okay—as long as you add a release from liability clause to the letter.
?A barrier to potential new market entrants is the high expense of entering the particular market.
Answer the following statement true (T) or false (F)
For work done during August, Printing Press Company incurred direct materials costs of $130,000 and conversion costs of $226,000 . The company employs a traditional operating philosophy. At the end of August, it was determined that the Work in Process Inventory account had been assigned $1,000 of costs, and the ending balance of the Finished Goods Inventory account was $3,000 . There were no
beginning inventory balances. How much was cost of goods manufactured during August? a. $356,000 b. $355,000 c. $353,000 d. $352,000
High perceptions of organizational politics leads to ______.
A. strong negative relationships with job satisfaction B. high positive relationships with organizational commitment C. pay and promotion D. reduced stress