R.I.P. Company manufactures herbicide and pesticide. The company had difficulty finding affordable liability insurance. R.I.P. established its own insurance company based in Bermuda for the purpose of insuring R.I.P.'s loss exposures
The company that R.I.P. formed is called a
A) captive insurer.
B) reciprocal insurer.
C) fraternal insurer.
D) holding company.
Answer: A
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Bar code scanning may best be utilized in the receiving process to accomplish which of the following?
a. Identify goods arriving automatically in conjunction with a count. b. Notify the shipper that product has arrived. c. Order new items on behalf of the purchasing department. d. Record inventory that has been written off the books.
It is realistic to assume that a total revenue line will curve rather than be straight
Indicate whether the statement is true or false
For firms facing complex and turbulent business environments
A. goals and objectives that are uncertain prevent opportunism. B. detailed plans are needed to maintain order. C. complacency about predetermined milestones can prevent adaptability. D. traditional strategic controls are usually inappropriate.
Which marketing philosophy could most help a company outperform its competitors in today's marketplace?
A. A production orientation B. A sales orientation C. A market orientation D. A societal marketing orientation