Give the three basic factors that determine the cost of your homeowner's insurance. List the possible ways of saving money on premiums
What will be an ideal response?
Answer: The three basic factors are: (1) the location of your home, (2) its type of structure, and (3) your level of coverage and policy type. Possible ways of saving on premiums include:
-Take as high of a deductible as you can afford.
-Install a security system, smoke detectors, and fire extinguishers.
-Ask for a multiple policy discount with your car insurer-pay premiums annually.
-Ask for other discounts.
-Consider a direct writer.
-Shop around and get bids from several agents.
-Doublecheck your policy to make sure you have the coverage you need.
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Steve is a new employee at Regency Inc. He wants to work for the company, but he has no desire to join the union or even consider the possibility of becoming a member in the future. Which security provision of union membership is most suitable for Steve?
A. a union shop provision, because it helps an employee use indirect influence to affect management-union contracts B. a closed shop provision, because it gives an employee the right to participate in decision making without becoming a member C. a maintenance of membership provision, because it allows employees to join the union as passive members D. a checkoff provision, because it requires all the employees of an organization to join the union, regardless of their preferences E. an agency shop provision, because it requires employees to pay union dues but does not force them to become members
Jabari Manufacturing, a widgets manufacturing company, divides its production operations into three processes—Department 1, Department 2, and Department 3. The company uses a process costing system. Jabari incurred the following costs during the year to produce 4800 units:
If Jabari could sell only 3100 units during the year, what will be the cost per unit of widget produced? (Round your answer to the nearest cent.)
A) $5.00
B) $3.54
C) $10.97
D) $7.08
Which of the following is NOT a problem that can be attributed to ineffective contracting?
a. lack of commitment to taking action b. disagreements about the consultant’s role c. confusion about the objectives of the engagement d. correcting misunderstandings or missteps
A package of Confident razor blades contains a 75 cents-off coupon for Confident Foamy shaving cream. This is an example of a(n) ________ coupon.
A. cross-ruff B. instant C. checkout D. bounce-back E. rebate