Which of the Following Is Not a Business Use of Life

question 17

Multiple Choice

Which of the following is not a business use of life insurance?

• A) To protect a business against loss caused by the death of a key person
• B) To provide a means of rewarding and retaining valuable personnel
• C) To lower business losses when an employee is fired
• D) To provide some amount of life insurance to employees

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Definitions:

Organizational Culture

Describes the shared values, beliefs, customs, and practices of the members within an organization that shape its social and psychological environment.

Resist

To oppose or strive against something, whether it be physical forces, authority, or change, often requiring effort or struggle.

Articulated

Clearly expressed or made plain, often used to describe thoughts or ideas that are communicated effectively.

Interdependency

The mutual dependence between entities or systems, where they rely on each other for functioning or survival.