Dexter Learns of a Breakthrough in Solar Panel Technology from an Online

question 66

Multiple Choice

Dexter learns of a breakthrough in solar panel technology from an online science magazine.Dexter collects as much secondary information as he can on the topic of interest and comes up with some very interesting solar panel application ideas that are presently not in use but can be introduced with the help of the breakthrough technology.Dexter considers hiring a marketing research firm.In the above scenario,Dexter has:

• A)identified a problem through the control process.
• B)identified an opportunity.
• C)identified a symptom.
• D)used a hypothesis to determine the need for research.
• E)realized the value of research information.

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Definitions:

Life Policy

A contract with an insurance company that pays a designated beneficiary a sum of money upon the death of the insured person.

Premiums Payable

Liabilities on an insurance company's balance sheet, representing amounts due to policyholders.

Coinsurance Clause

a provision in insurance policies that requires the policyholder to bear a portion of the costs of covered services, typically a percentage of the total amount.

Premium Rate

The rate charged for an insurance policy, typically a periodic payment based on the level of coverage and risk factors.