Which of the following terms is incorrectly paired with its description?
a. plan: recognize an opportunity for a financial investment
b. do: test the change by implementing a small-scale pilot study.
c. check: review/analyze test results and identify lessons learned
d. act: take action based on what was learned from the previous step.
a. plan: recognize an opportunity for a financial investment
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A person who seeks to recover benefits under a life insurance policy:
A. must notify the insured before a loss is likely to happen. B. needs to furnish proof of third party witness to the loss. C. must notify the insurer of the loss and furnish proof of loss. D. needs to furnish a sworn statement of loss.
Which of the following is most closely associated with customer relationship management?
A) the creation of perceived needs B) mass marketing C) production and distribution efficiencies D) commitment to customer lifetime value E) idea and cause marketing
Which of the following is true of the collective bargaining process?
A) It begins as soon as the union is formed, irrespective of certification. B) The National Labor Relations Act requires the employer and the bargaining unit representative to bargain in good faith and reach an agreement. C) The National Labor Relations Board has the power to order the parties to accept any contract provision. D) Failure of the employer to bargain in good faith is an unfair labor practice under Section 8(a)5..
How does the utilitarianism approach to ethics differ from the rights and duties approach? Give a business-related example illustrating why you might prefer one approach over the other.
What will be an ideal response?