Which of the Following Is NOT a Reason Why Group

question 24

Multiple Choice

Which of the following is NOT a reason why group insurance rates are typically lower than individual rates?

• A)Economies of Scale
• B)The ability to pool risks
• C)Disbursement of costs amongst the group
• D)Greater bargaining power of a group

---

Definitions:

Organizational Culture

The set of shared beliefs, values, norms, and practices that characterizes an institution or organization.

Effectiveness

Effectiveness is the degree to which an activity, process, or intervention achieves its intended goal or result, often used to evaluate performance and outcomes.

Social Culture

The patterns, behaviors, beliefs, and all other products of human work and thought as shared by a society.

Positive Response

A reaction or answer that is affirmative or in agreement to a query, suggestion, or scenario.