While the applicant for insurance coverage gives consideration in the form of the premium, the insurance company does not give any consideration.

A firm can meet customer needs by using tailored transportation to provide the appropriate transportation choice based on customer and product characteristics, but at a higher cost

Indicate whether the statement is true or false.

Independent projects are projects that compete with one another for a firm's resources, so that the acceptance of one eliminates the others from further consideration

Indicate whether the statement is true or false