Which of the following statements does NOT describe a fixed annuity?
A) It will produce income benefits that are adjusted to keep pace with inflation.
B) It provides a guaranteed rate of interest.
C) It is invested in the insurer's general account.
D) It guarantees income payments will last the annuitant's lifetime.
Ans: A) It will produce income benefits that are adjusted to keep pace with inflation.
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A) long sales cycles B) introductory life cycle stage of product C) short-term sales boosts D) unstable markets
Strategy innovation is primarily concerned with:
a. the strategic market planning process. b. bringing a unique perspective to customer value creation. c. developing innovative products. d. entering new markets. e. bringing new voices into the strategy formation process.