Loma 291 module 3 exam - Study guides, Class notes & Summaries

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...

LOMA 291 Module 3 Study Guide with Complete Solutions Marketing - Answer️️ -Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Marketing plan - Answer️️ -A written document that states the marketing goals for a product or product line, and describes the strategies and the implementation and control efforts the company intends to use t...

LOMA 291 Module 2 Study Guide Omnichannel distribution - Answer️️ -A form of distribution that enables personalized sales to customers through multiple, integrated communication channels. Common ways to engage with customers - Answer️️ -- Face to Face - Phone - Direct Mail or Email - Online - Print and Broadcast Media - Worksite Marketing - Location Selling Face to Face - Answer️️ -Financial professionals commonly meet face-to-face with potential customers, often referred ...

LOMA 291 Module 1 Study Guide with Complete Solutions Stakeholders (consituents) - Answer️️ -A party that has an interest in how a company conducts its business. Also known as a constituent. Dividend - Answer️️ -Compensation that a company may pay to owners upon a vote by the company's board of directors. Stockholder - Answer️️ -We stockholders expect the company to grow steadily. We expect to earn a reasonable return, sometimes in the form of dividends. Do you know what a d...

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...