In order to develop the "right strategy" to succeed in business, managers must make the right decisions; and in order to make the right decisions, they must have objective, accurate, and timely:
A) reports about the competition
B) reports about customers wants and needs
C) information about market trends and changes
D) the number and sizes of market segments
E) information
C
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Which of the following is false concerning Environmental Impairment Liability (EIL) coverage?
A) It is expensive and difficult to place. B) Most small firms do not need it since they are immune from liability. C) The content of the insurance contract is subject to negotiation between insureds and insurers. D) Federal laws impose legal responsibility on polluters.
Which statement is true concerning privacy in the U.S.?
A) a great deal of legislation that purports to offer some privacy protection B) there are not laws concerning legal rights to privacy C) a government agency is allowed to gather information for one purpose and use it for another purpose D) the federal protection of private healthcare information is not a concern of the government because of the need to learn more about the effectiveness of pharmaceuticals