The economic environment component of the environmental context is comprised of purchasing power, gross income, disposable income, discretionary income, prices, savings, credit availability, and general economic conditions

Which of the following statements regarding direct-writing companies is NOT true?

A) The producer owns the book of business. B) Employees are paid a salary, commission, or both to sell the company's insurance products. C) The insurer owns all of the business that is produced. D) Producers are considered employees."

In order to ensure our performance appraisal system evaluates job-relevant criteria, we typically rely on:

A) goal setting. B) training. C) developmental planning. D) a job analysis.