Examlex
Which of the following is consulted in determining what premium should be paid on a policy?
Important Factors
Important factors refer to the critical elements or aspects that significantly influence the outcome or success of a situation, project, or analysis.
Target Return
The desired profit or yield that an investor aims to achieve on an investment over a specific period.
Pricing Strategy
A plan or approach used by businesses to set prices for their products or services, aiming to achieve maximum profitability.
Sales Orientation
A business approach that focuses primarily on the sale of products or services, rather than understanding and meeting the needs of the customers.
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