One Way Operating Managers _____ Is Through the Use of Policies

question 30

Multiple Choice

One way operating managers _____ is through the use of policies.

• A) outsource
• B) strategize
• C) politicize
• D) empower

---

Definitions:

Short-rate Refund

A refund of a portion of a premium on an insurance policy, calculated using a method that is less than pro-rata, often involving a penalty for early cancellation.

Annual Premium

The amount paid annually for an insurance policy, providing coverage over a specified period of time.

Short-rate Refunds

A partial refund of premium on an insurance policy that has been canceled by the policyholder before its expiration, calculated using a method that is less than prorated.

Premium Rate

a higher price or cost than the standard, often for services that are considered to be of better quality or with added features.