If you were an underwriter of homeowners insurance coverage, asking which of the following underwriting questions would probably be socially unacceptable to the homeowner applicant?
A) What religious beliefs do you have?
B) Does anyone in your family smoke cigarettes in the house?
C) Do you have an alarm system installed and working?
D) Do you have a swimming pool?
A
Business
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In most cases, the first step in the initial "thinking about it" phase of the entrepreneurial process is ________.
Fill in the blank(s) with the appropriate word(s).
Business
A manufacturer wants to achieve rapid market penetration through a low-price policy. However, the manufacturer's dealers prefer to work with high margins and pursue short-run profitability. The major reason for this conflict is ________
A) goal incompatibility B) unclear roles C) ambiguous rights D) differences in perception E) dependence on the manufacturer
Business