Which of the following is a requirement for ANY change in an insurance application?

A) Change must be initialed by the agent
B) Change must be initialed by the applicant
C) Change must be approved by the insurer
D) Change must be the notorized

Ans: B) Change must be initialed by the applicant

Business

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A customer judges a product offering by three basic elements: product features and quality, services mix and quality, and ________

A) performance B) utility C) tangibility D) price E) availability

Business

The second step in strategic planning is to ________

A) formalize a mission statement B) establish the business portfolio C) set SBU and department-level objectives D) set organizational objectives E) assess the organization's internal and external environments

Business