Which of the following is not involved with the demographic component of an organization's external environment?
A) values
B) gender
C) race
D) income
Answer: A
Explanation: The demographic component of an organization's external environment involves issues that relate to broad population characteristics such as age, income, number of people in a family, education level, and so on. Values are not measurable on this broad level, so they are not considered a demographic trait.
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Complete Table 13-1 by filling in each of the missing values (there are 18 total missing values)
What will be an ideal response?
What is the principle of indemnity?
A) A court precedent that gives insureds the right to sue their insurers if they get bad claims service B) The rule that a person may not collect more than his actual loss in the event of damage caused by an insured peril C) The rule that a person will not be reimbursed for a loss unless he can show proof of loss D) A way of requiring a person to pay a premium