Which of the following markets has characteristics which most favor the use of demographic

segmentation techniques?

A) markets which frequently experience unique situations
B) unestablished, new markets
C) small, niche markets which are stagnant
D) mature, easily recognizable markets

D

Business

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Which of the following statements about judgment rating is true?

A) It involves the manual rating of exposures. B) It is used when the loss exposures are so diverse that a class rate cannot be calculated. C) It is a form of experience rating. D) It is only used when credible loss statistics are available.

Business

Which of the following methods of export/import financing is Techno Toys' bank using if it acts as an intermediary without accepting financial risk?

A) documentary collection B) buyback C) letter of credit D) advance payment

Business