-According to Figure 4-5 Above, State Farm Insurance Products Would

question 40

Multiple Choice

-According to Figure 4-5 above, State Farm insurance products would be found in what level of the Maslow hierarchy of needs?

• A)physiological
• B)self-actualization
• C)personal
• D)safety
• E)social

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Definitions:

Cumulative Voting

A voting system that allows shareholders to concentrate their votes on a single candidate for the board of directors.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a company.

Preferred Stock

A class of ownership in a corporation with a fixed dividend that must be paid out before dividends to common stockholders and which typically does not have voting rights.

Ownership Interest

Refers to the rights and stake a person holds in a particular asset or business, often entailing voting rights and a share in the profits.