One source of life and health insurance underwriting information is an organization that life and health insurance companies can join
As a member, life and health insurance companies report health impairments of applicants, and this information is shared with member companies. Although the information is shared, the underwriting decision of the member company is not disclosed. What is this organization called?
A) Fair Isaac Corporation (FICO)
B) Medical Information Bureau (MIB)
C) National Association of Insurance Commissioners (NAIC)
D) National Association of Mutual Insurance Companies (NAMIC)
Answer: B
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Shein Ketchup Company has procured a filling machine for ketchup from Alpha Industries Ltd. What should Mark, a salesperson at Alpha Industries Ltd., do to ensure a reorder by Shein Ketchup Company?
A. He should give the impression of a fair adjustment of price. B. He should set high expectations for the products bought by the customer. C. He should continuously monitor the customer's perception of product performance. D. He should browbeat the customer if it attempts to secure a satisfactory adjustment. E. He should compel the customer to reorder by giving discounts.
A(n) ________ is a set of customers who are enlisted to give responses to questions or to provide data repeatedly over a period of time
A) control group B) tracking study C) experiment D) panel
After a research instrument is selected, the next step in the marketing research process is to ________
A) select a sampling method B) interpret the research findings C) implement the research plan D) evaluate alternatives E) select a research approach
Where would we expect to find Keiretsu?
a. China b. India c. Japan d. Philippines