Index whole life insurance contains a securities component that acts as a(n)
A) hedge against inflation
B) premium stabilizer
C) means to lowering taxes on earnings
D) incentive to purchase more coverage
Ans: A) hedge against inflation
Business
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What is an organization using when it sets its prices so that total revenue is as large as possible relative to total costs?
a. sales maximization b. profit maximization c. status quo pricing d. market share pricing
Business
Organizations that require consistent production standards to help create a high quality public image would tend to favour:
A. centralized authority. B. an inverted organization. C. a high level of employee empowerment. D. flat organizational structures.
Business