Tim was recently terminated from his employment and opted to change his existing group term life insurance to individual permanent life insurance. What is this process called?

A) Replacement
B) Conversion
C) Transformation
D) Reinstatement

Ans: B) Conversion

Business

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When confronted with a decision, managers should utilize ________, which includes these four questions: “Is the proposed action legal? If yes, does the proposed action maximize shareholder value? If yes, is the proposed action ethical? If no, would it be ethical to take the proposed action?”

a. Maslow’s hierarchy of needs b. the stakeholder’s value statement c. Bagley’s ethical decision tree d. the Sarbanes–Oxley Act of 2002

Business

Partner relationship management is now considered as a core skill fundamental to the development and maintenance of strategic alliances

Indicate whether the statement is true or false

Business