The underwriting function is designed to be sure that premiums are based on

Cost leadership is a sustainable source of competitive advantage only if barriers exist that prevents competitors from achieving the same low costs

Indicate whether the statement is true or false

Companies often want to sell their products through as many distribution channels as possible, thus gaining the largest possible market share. Which of the following can lead to resellers competing only on the basis of price?

A. Interbrand Competition B. Intrabrand Competition C. Use of Indirect Channels only D. Use of Direct Channels only E. Integrating use of VARs