A positioning strategy is concerned with how a company wants customers to perceive the company vis-à-vis competitors.

An insured that meets the average health and life expectancy anticipated by the insurer for a person of that age and gender would be classified as

A) a standard risk B) an insurable risk C) an accepted risk D) a preferred risk"

A decision maker using the maximax criterion on the problem below would choose Alternative ________ because the maximum of the row maximums is ________

States of Nature 1 2 3 Alternative A 50 55 60 Alternative B 30 50 80 Alternative C 70 80 70 Alternative D -100 -10 140 A) A; 60 B) B; 80 C) C; 70 D) D; -100 E) D; 140