Question
A Life insurance policy for which the cost is equally
distributed over the term of the premium period, remaining constant throughout is called?Solution
Level-premium insurance is term life insurance for which the premiums are guaranteed to remain the same throughout the contract, while the amount of coverage provided increases. As a result, the coverage can be advantageous over time as a policyholder keeps paying the same amount but has access to increased benefit coverage as the policy matures.
Direct Home selling utilities contracts, door to door is an example of which type of marketing channel?
Specialty discount outlets focus on one type of product, such as electronics, or books, at very competitive prices. These outlets are referred to in the...
When assessing which fast-food restaurant to eat a hamburger at, you are essentially assessing the ____________ in the fast-food market.
Jamna wants to buy a cat and asks several friends, who already have cats, to list out the reasons they used when they purchased their own cats. In which...
Web 2.0 is a term that describes
The primary function of the General Agreement on Tariffs and Trade (GATT) has been to limit trade barriers and promote world trade through the:
When consumer badly wants the product but shouldn’t desire or take the decision to buy it, it is known as _______ demand.
Profit responsibility, societal responsibility, and stakeholder responsibility are three forms or concepts of:
A women's clothing store having only one outlet likely falls under what form of ownership?
Changes in the services industry in the future will primarily be driven by each of the following factors EXCEPT:
