A product-management organization makes sense if ________

A) the company's products are quite varied
B) there are very few products in the company's portfolio
C) the company is pursuing a low cost strategy
D) the company's products satisfy similar customer needs
E) the company is vertically integrated

A

Business

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Two parcels of land are exchanged. The first parcel is the NW ¼ of the SE ¼ of Section 21 and is valued at $800 per acre. The second parcel is the S ½ of the NE ¼ of Section 22 and is valued at $500 per acre. What is the difference in value between the exchanged properties?

A. $8,000 B. $8,800 C. $12,000 D. $24,000

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All of the following are disadvantages of noninsurance transfers EXCEPT

A) The party to whom the potential loss is transferred may be unable to pay. B) The transfer may fail because the contract language is ambiguous. C) The only potential losses that can be transferred are those that are not commercially insurable. D) The noninsurance transfer may be costly.

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