Which of the following $50,000 limited-pay life policies will have the highest premium for an applicant who is age 30?
A) 20-pay life policy
B) Life paid-up at age 65
C) 30-pay life policy
D) 25-pay life policy"
Ans: A) 20-pay life policy
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Service ________ is the ability to perform the promised service dependably and accurately
A) empathy B) responsiveness C) reliability D) tangibility
Caltec Rensing is a leading marketer of high-end cell phones in the U.S. Recently, the company's
market research revealed that buyers were increasingly preferring cell phones built on the Android platform over the earlier Java-based cell phones. Accordingly, Caltec Rensing developed a new cell phone built on the Android platform. Based on the enthusiastic response to the new product, Caltec Rensing resolved to promote the new phone so that its sales would grow the current 10% of total sales to 25% of the company's total sales within the next six months. Which of the following categories of organizational objectives does Caltec Rensing's aim of increasing sales of a certain product come under? A) market-share related objective B) brand-related objective C) financial objective D) product/service-related objective