An insurance company that is owned by the policyholders is called a:
A. Stock insurer
B. Reciprocal insurer
C. Mutual insurer
D. Fraternal insurer
Ans: C. Mutual insurer
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The dimension of organizational culture referred to as a sense of ownership is most likely to exist when employees
a. participate in an employee stock-ownership plan. b. have a business of their own on the side. c. have worked for the company a long time. d. are motivated by means of recognition.
Which of the following exemplifies a good practice when writing a letter extending credit??
A) ?Davis writes his letter using an inductive sequence. B) ?Amar emphasizes the acknowledgment of the order more than the credit aspect. C) ?Megha includes sales promotional material in her letter. D) ?Tim avoids indicating the basis for the decision to extend credit.