An Applicant for an Insurance Policy Is Called an Underwriter

question 44

True/False

An applicant for an insurance policy is called an underwriter.

---

Definitions:

Assembly Line

A manufacturing process where a product is assembled step by step in a sequential manner, moving from one workstation to the next.

Operations Management

The area of management concerned with designing, overseeing, and controlling the process of production and redesigning business operations in the production of goods or services.

Productive Enterprise

A business or organization effective in producing goods or services at a high yield.

Marketing Product

A good or service that has been developed, priced, distributed, and promoted in a way that satisfies customers' needs and wants.