Suboptimization occurs when a group optimizes its own goals but loses sight of the larger organization goals

Ken, the insured, purchased a $40,000 5-year level term policy and a $100,000 whole life insurance policy when he was 49. When he died at age 56, his beneficiary received

A) 40000 B) 100000 C) nothing D) 140000"

________ data is probably the easiest to obtain compared to other types of benchmarking data

Fill in the blanks with correct word