Why is there unequal knowledge and bargaining power in the insurance transaction?

A) The complexity of the insurance contract and the intangible nature of the product
B) The insurance companies want to confuse consumers so it is difficult to make choices.
C) Consumers do not receive the policy until months after the contract goes into effect.
D) There is no competition in the industry, therefore the consumer is stuck with inferior products.


A

Business

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Fill in the blank(s) with correct word

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The existence of different cultures or ethnicities within a group or organization is the definition of ______.

A. multicultural B. ethnocentrism C. diversity D. prejudice

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Stacey noted that the client was a cantankerous old man and that her current project team lacked the requisite skills to work with him. Time was running short, so the BEST approach to making sure the project team had the necessary skills was to:

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What will be an ideal response?

Business