A field underwriter's main task is
A) assign a risk classification to the insured
B) report medical information to the Medical Information Bureau (MIB)
C) to ensure an applicant's medical information is accurate and complete
D) to approve or decline an applicant
Ans: C) to ensure an applicant's medical information is accurate and complete
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Many countries outlaw ________, a practice in which a company prices its products lower than they are priced at home
A) gray marketing B) parallel importing C) black marketing D) dumping E) countertrading
Which of the following statements is false concerning goal programming?
A) The objective function is the main difference between linear programming and goal programming. B) The objective in goal programming is to minimize deviational variables. C) Deviational variables are zero if a goal is completely obtained. D) It is not possible for two goals to have equal priority. E) The priorities of each goal are reflected in the objective function.