Loma 291 Study guides, Class notes & Summaries

Stakeholders (constituents) - ANSWERA party that has an interest in how a company conducts its business Dividend - ANSWERCompensation that a company may pay to owners upon a vote by thr company's board of directors Reinsurance - ANSWERInsurance that one insurance company, the direct writer, purchases from another insurance company, the reinsurer, to transfer all or part of the risk on insurance policies that the direct writer issued Inside directors - ANSWERA member of the board of dir...

LOMA 291 Module 1 Study Questions and Answers Top-Rated correctly Stakeholders (consituents) - answerA party that has an interest in how a company conducts its business. Also known as a constituent. Dividend - answerCompensation that a company may pay to owners upon a vote by the company's board of directors. Stockholder - answerWe 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 dividend is? ...

Stakeholders (consituents) - ANSWERA party that has an interest in how a company conducts its business. Also known as a constituent. Dividend - ANSWERCompensation that a company may pay to owners upon a vote by the company's board of directors. Stockholder - ANSWERWe 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 dividend is? Sometimes the board of directors votes to make a payment to the stoc...

Marketing - ANSWERMarketing 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 - ANSWERA 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 to achieve those goals. Marketing plans contain: - An executive summary...

Omnichannel distribution - ANSWERA form of distribution that enables personalized sales to customers through multiple, integrated communication channels. Common ways to engage with customers - ANSWER- Face to Face - Phone - Direct Mail or Email - Online - Print and Broadcast Media - Worksite Marketing - Location Selling Face to Face - ANSWERFinancial professionals commonly meet face-to-face with potential customers, often referred to as prospects. Financial professionals follow a fai...

LOMA 291 Module 1

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 - ANSWERA, 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 plays an essential role in maintaining the quality of the data provided to f...

LOMA 291 Module 1 Question and answers 100% correct 2024Stakeholders (consituents) - correct answer A party that has an interest in how a company conducts its business. Also known as a constituent. Dividend - correct answer Compensation that a company may pay to owners upon a vote by the company's board of directors. Stockholder - correct answer 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 ...

LOMA 291 Module 2 Exam Questions and Answers