What is the benefit of including a problem section in the activity report?

It provides an opportunity to vent and complain.
It informs managers of competitors' actions that may affect operations.
It provides a place to summarize regular activities.

It informs managers of competitors' actions that may affect operations.

The problem section provides an update on what the competition is doing and encourages the audience to consider how those actions may affect operations. It is not an appropriate place to vent or to summarize regular activities.

Business

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Universal life insurance is similar to whole life, but allows the policyholder more choices of how the savings portion of the premiums is invested

Indicate whether the statement is true or false.

Business

To protect the firm against the loss of earnings if the business operations are disrupted due to fire, accident, or some other insured peril a firm would purchase ________

A) property insurance B) key personnel insurance C) business liability insurance D) business interruption insurance

Business