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Which strategy for merging two distinct cultures is most effective when the two companies have relatively weak cultures with overlapping values?
Policy Provider
An entity or organization that issues policies, typically in the context of insurance, offering coverage for various risks.
Underwriter
A party who receives payments from an insured party and makes the payment to the beneficiary.
Insurer
The party who receives payments from the insured party and makes the payment to the beneficiary.
Mailbox Rule
A rule which holds that an acceptance is valid when it is placed in the mailbox, whereas a revocation is effective only when received by the offeree. In some jurisdictions the mailbox rule has been expanded to faxes.
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