Loma 291 module 2 Study guides, Class notes & Summaries

internal replacement - Correct Answer same insurer sells both policies external replacement - Correct Answer different insurers sell the policies cost basis - Correct Answer The amount invested in an insurance contract, equal to the sum of all premiums paid less withdrawals, dividends, and outstanding policy loans. Section 1035 exchange - Correct Answer The tax-free exchange of certain insurance and annuity policies permitted under Section 1035 of the U.S. Internal Revenue Code....

LOMA 291 Module 3 Lesson 2

LOMA 291 Module 3 Lesson 2 Question and answers rated A+ 2024 idea screening - correct answer An activity in which a team quickly and inexpensively evaluates new product ideas to separate workable ideas from those that have little or no potential. comprehensive business analysis - correct answer An evaluation of all the factors that are likely to affect the design, production, pricing, marketing, and sales potential of a new product. market analysis - correct answer An evaluation of all of...

LOMA 291 Module 3 Lesson 2 (2023/2024) Already Passed idea screening An activity in which a team quickly and inexpensively evaluates new product ideas to separate workable ideas from those that have little or no potential. comprehensive business analysis An evaluation of all the factors that are likely to affect the design, production, pricing, marketing, and sales potential of a new product. market analysis An evaluation of all of the environmental factors that might affect product sales, inc...

LOMA 291 Module 3 Lesson 2

LOMA 291 Module 3 Lesson 2idea screening - correct answer An activity in which a team quickly and inexpensively evaluates new product ideas to separate workable ideas from those that have little or no potential. comprehensive business analysis - correct answer An evaluation of all the factors that are likely to affect the design, production, pricing, marketing, and sales potential of a new product. market analysis - correct answer An evaluation of all of the environmental factors that migh...

LOMA 291 Module 4 Practice Questions and Answers | 100% Pass At a typical insurance company, which of the following areas are part of financial operations? Choose all that apply. a. Accounting and financial reporting b. Treasury operations c. Information technology d. Investment operations e. Internal audit - Answer️️ -A, B, D, & E- All of these areas—except for information technology—are part of a typical insurance company's financial operations. Although the IT department pl...

idea screening - ANSWERAn activity in which a team quickly and inexpensively evaluates new product ideas to separate workable ideas from those that have little or no potential. comprehensive business analysis - ANSWERAn evaluation of all the factors that are likely to affect the design, production, pricing, marketing, and sales potential of a new product. feasability study - ANSWERIn a comprehensive business analysis, research designed to determine the operational and technical viability o...