_________ - the actions taken by managers to attain the goals of the firm

Fill in the blank(s) with the appropriate word(s).

Ans: Strategy

Business

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What happens if, when paying benefits, the insurer discovers that a person's age had been misstated on his individual life insurance application?

A) Benefits will be paid as if the incorrect age stated were actually the correct age. B) No benefits will be paid. C) Benefits will be paid for the amount of coverage the premium would have purchased at the correct age. D) The policyholder's estate must pay a $10,000 fine."

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Even though baby boomers are a large portion of the population in the United States, they rarely have the qualifications for new types of jobs.

a. true b. false

Business