There Have Been a Series of Large Judgments in Product

question 9

Multiple Choice

There have been a series of large judgments in product liability cases against companies producing hair dryers. If this trend continues, insurance companies will respond by ________ the premiums charged for liability insurance for hair dryer manufacturers.

• A) lowering
• B) canceling
• C) increasing
• D) underwriting

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Definitions:

HRM Effectiveness

A measure of how successfully human resource management strategies and practices achieve their intended outcomes within an organization.

Employee Attitudes

The feelings, beliefs, and values that employees hold towards their work, workplace, and colleagues.

Motivation

The reason or reasons one has for acting or behaving in a particular way; an internal process that activates, guides, and maintains behavior over time.

Lifecycle

refers to the series of stages that an entity, product, or project goes through from its initiation or creation to its termination or conclusion.