Which of the following statements is correct about the fair rate of return for insurance companies?

A) The fair rate of return is measured using the expense ratio.
B) The fair rate of return is governed by law.
C) The fair rate of return reduces the insurance premiums charged by insurance companies.
D) The fair rate of return compensates the insurance companies for the risk that they take.


D

Business

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Matt is a successful senior employee at Tech Nation. He has five years of experience in the company and is well recognized for his contributions. The vice president of human resources tells Matt about Taylor, an employee Tech Nation hired for her keen intelligence. According to the vice president, Taylor is struggling to make an impact because she does not speak up assertively or understand who to talk to when she has questions. The vice president asks Matt to serve as a mentor to Taylor. What would this role involve doing?

A. assigning several protégés to help Taylor B. promoting Taylor to better jobs and giving her raises C. administering 360-degree feedback D. developing Taylor through coaching, sponsorship, and challenging assignments E. implementing a formal mentoring program

Business

Of the types of brand loyalty, which one leads to a greater market share?

A) attitudinal B) behavioral C) purchase D) category E) consumption

Business

During the unfreezing stage of the three-stage model to manage resistance against change, management

A. strengthens the new behaviors that support the change. B. establishes a vision of where the company is heading. C. realizes that the past ways of thinking, feeling, and doing things are obsolete. D. creates new behaviors that are as rigid as the old ones. E. implements control systems that support the change.

Business

Which one of the following is not a step in computing a matrix of cofactors?

A) selecting an element in the original matrix B) calculating the value of the determinant of the cofactor C) returning to step 1 and continue until all elements in the original matrix have been replaced by their cofactor values D) interchanging the rows with the columns E) None of the above

Business