"Subsidization" in an insurance pool means:
A) the bad risks pay more for insurance than good risks
B) the premiums collected by the insurers don't adequately cover the losses experienced by the pool
C) those who experience losses have their premiums raised
D) exposures that should be charged higher insurance rates are averaged in a pool so that the good as well as bad exposures pay the same rate
D
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Answer the following statements true (T) or false (F)
1. Those with a high need for achievement may be the least efficient managers because they may resist making decisions that make others resent them. 2. According to equity theory, employees who feel they are being underrewarded are more likely to support organizational change, more apt to cooperate in group settings, and less apt to turn to arbitration and the courts to remedy real or imagined wrongs. 3. John's manager just told his team about this year's contest, the winner of which will receive an all-expense paid trip to Bangkok. John does not like to travel to places where he can't speak the language, so he is not very enthusiastic. This reward has a high valence for John. 4. To be most motivating, goals should be specific and challenging but achievable.
When preparing a formal report that will be bound, leave at least a
A) uniform 2-inch margin on all sides. B) 2-inch margin at the top and bottom and a 1-inch margin on the sides. C) 1-inch margin on three sides and a 1 1/2-inch margin on the bound side. D) uniform 1 1/2-inch margin on all sides.
Respondent cooperation is not required in which primary data source?
a. personal survey b. mail survey c. telephone survey d. observation
The more expensive the car, the ________ the payments, and the ________ you can put toward other investments
A) higher; more B) higher; less C) lower; less D) lower; more