There are basically four types of insurance organizations. Which of the following is not one of these four types?
a. Group
b. Stock companies
c. Mutual companies
d. Fraternal benefit societies
e. Assessment companies
A
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A) real-time data capture provides error-prone data B) since the data is entered directly into the computer, interview evaluation time is limited C) they require technical skills and there are high set-up costs D) they are slow E) you may not use pictures, videos or graphics
If a customer wanted to obtain bank financing which of the following will the bank inquire about before granting a loan?
a. Firms credit history b. financial position of the firms creditors c. firms cash flow d. a and c
Which of the following is true about the BCG matrix cash cow?
A. It generates tremendous profits in a rapidly growing industry. B. It has a small market share in a rapidly growing industry. C. It has a small market share in a slow-growth industry D. It has a large market share in a slow-growth industry E. It is generally a dead business that should be divested.