The competitive advantage of a category killer is based on _____
a. width of assortment
b. depth of assortment
c. imported merchandise prices
d. convenience of location
b
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Janet, the insured, dies during a grace period for her $50,000 life policy. What happens, considering that her premium has not been paid?
A) The premium due, plus a 10% penalty, is charged against the policy. B) The amount of the premium due is deducted from the policy proceeds paid to the beneficiary. C) The beneficiary must pay the premium after the death claim is paid. D) The premium is canceled because the insured died during the grace period."
Which of the following is a risk associated with international trade?
A) technological obsolescence B) highly unstable governments C) market monopolization D) lack of trade barriers E) currency stagnation