Which of the following persons is (are) eligible for benefits under medical payments to others (Coverage F) of the homeowners policy?
I. A friend who slips and falls on a wet patio while visiting the named insured
II. A neighborhood child who is severely scratched by a cat in the care of the named insured
A) I only
B) II only
C) both I and II
D) neither I nor II
Answer: C
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Market segments should be internally:
A) heterogeneous B) identifiable C) unique D) homogeneous
You increase the Service Revenue account on the ________ side of its account.
Fill in the blank(s) with the appropriate word(s).
Woodruff Company manufactures custom-designed medical equipment for paramedic units. In June 2010, the company incurred the following costs of quality: Product design costs $12,800 Product recall costs 6,700 Product simulation costs 20,500 Product testing costs 8,000 Product warranty claims 3,000 Scrap and rework costs 5,000 Total quality costs of nonconformance for June were
a. $11,700. b. $14,700. c. $22,700. d. $15,700.
Conceptualize how a lagging brand (assume a grocery product) may be repositioned for new uses.
What will be an ideal response?