Key factors for the success of a new product include satisfying a need, getting quality and pricing right the first time, and using the right distribution channels

As of 2012, the primary regulator of both the life and property-casualty insurance industry is/are the

A. state insurance commissions. B. NAIC C. Federal Reserve. D. IRIS. E. new federal oversight commission yet to be named.

If a system is well balanced, which one of the following changes usually calls for a larger capacity cushion?

A) higher capital intensity B) higher worker flexibility C) requests for fast delivery times D) higher inventories