Question1

Over the last five years in a particular country, the government has been reducing

the amount of state healthcare it provides, while the population size has remained

unchanged.

An insurance company operating in that country sells a variety of domestic products

and is considering the implications of the healthcare reductions for its pricing

assumptions.

Discuss the implications for the pricing assumptions of each of the company's

products sold in that country:

(a) Term assurance

(b) Medically underwritten annuity (where the policyholder provided information

on their health status at application stage)

(c) Private medical care

(d) Funeral cover (where the insurance company pays the funeral costs for the

policyholder).

Question 2

Pick and explain your answer

. Tarah uses nonverbal cues, paraphrasing, and questioning to let her coachee know that she's listening.

What technique is Tarah using?

A. Constructive listening

B. Constructive criticism

C. Active criticism

D. Active listening

27. Which of the following forms of income would be considered unearned income:

A. A personal salary

B. Interest from a savings account

C. Tips from waiting tables

D. Union strike benefits

28. Scarlet is setting her personal financial goals. What is the first step she should take to reaching her

financial goals?

A. Prioritize her goals

B. Make a list of her goals

C. Evaluate her budget

D. Automate payments

29. Eito's credit report shows that his credit score has dropped over the past nine months. What is the

most important thing Eito can do to improve his credit score?

A. Pay his bills by the date they are due

B. Apply for another credit card

C. Close all of his older credit cards

D. Increase the amount of money owed

30. Which division of the U.S. Securities and Exchange Commission (SEC) is responsible for ensuring

publicly traded firms disclose the appropriate level of information to investors?

A. Trading and markets

B. Enforcement

C. Corporate finance

D. Investment management

31. If the cash from operating activities is consistently greater than the company's net income, the

company's net earnings are of a(n) __________ quality.

A. high

B. low

C. moderate

D. excessive

32. Which of the following is a potential result of information overload:

A. Reduced costs

B. Enhanced decision making

C. Feelings of confidence

D. Loss of knowledge

33. Javier's company uses a knowledge-management system. Because of it, he knows that an important

client would like to choose from a greater selection of products. He ofers the client a new and bigger

product selection, including some products with a greater profit margin for the company. This example

illustrates which influencing factor in knowledge management:

A. Turnover

B. Enhanced value

C. Globalization and competition

D. Innovation

434. Which of the following is an example of intellectual capital:

A. Ofce computers

B. Sales revenue

C. An employee's product knowledge

D. A company's stocks

35. Which of the following is a type of technology used to communicate knowledge in real time:

A. RSS feeds

B. Wikis

C. Video conferencing

D. Search

36. Katie was recently let go from her position but has an interview with a diferent company in the same

industry. Katie should be careful to avoid

A. violating a noncompete agreement.

B. inevitable disclosure.

C. discussing her former employer in any way.

D. protecting trade secrets

Question 3

Dan was arrested and charged with possession of heroin with intent to sell. Dan allegedly sold a small

bag of heroin to Peters, an undercover officer, at Guy's Bar and Grill. In his opening statement, Dan's

lawyer said the evidence would show that Dan was entrapped. The following incidents occurred at trial:

1. The prosecutor called Wolf, a patron at Guy's, who testified over defense objections that Dan

told him the night before the alleged sale that Dan intended to "sell some baggies" to Peters

the next night.

2. The prosecutor called Peters, who testified that she was working as an undercover officer and

received information that Dan was selling heroin at Guy's. She testified she went to Guy's

two nights before the date of the arrest. Over defense objections, Peters testified she talked to

Bob, another bar patron, who told her that he had bought marijuana from Dan at Guy's the

night before.

3. Peters testified she found out that Dan used e-mail. Over defense objections, she testified that

she had e-mailed Dan a message to meet her at Guy's with a small bag of heroin on the night

in question. Peters preserved a paper copy of her message, which, over defense

objections, was introduced into evidence.

4. The defense called Dan as a witness. Dan testified that Peters had begged and pleaded with

him to get heroin for her because she was suffering from withdrawal and needed a fix. On

cross-examination, the prosecutor asked Dan, over defense objections: "Isn't it true that you

were arrested by the police for selling marijuana in 1994?" Dan answered: "Yes, but they

didn't have any evidence to make the charge stick." The prosecutor moved to strike Dan's

answer.

5. The defense called Cal, Dan's employer, as a character witness. The defense laid a foundation

showing that Cal had known Dan for ten years. Over the prosecutor's objection, Dan's lawyer

asked Cal if he had an opinion on Dan's good moral character. Cal answered: "Yes, I and

everyone else who have known Dan for many years know that he always tells the truth." The

prosecutor moved to strike Cal's answer.

Assume all appropriate objections were made. Was the objected-to evidence in items 1 through 4

properly admitted, and should the motion to strike in items 4 and 5 have been granted? Discuss