Question

What is the importance of the number of key persons in a company in confirming the criticality of a person to the company?

a.

The more the number of key persons, the easier it is to confirm the criticality of the person to the company

b.

The fewer the number of key persons, the easier it is to confirm the criticality of the person to the company

c.

The number of key persons in a company has no impact on the criticality of a person to the company

d.

None of the above

Posted under IC22 Life Insurance Underwriting

Answer: (b).The fewer the number of key persons, the easier it is to confirm the criticality of the person to the company Explanation:Fewer the number of key persons in a company, the easier it is to confirm the criticality of the person to the company. This means that if there are only a few key persons in a company, it is easier to assess the value of each individual's contribution and determine their criticality to the company.

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Q. What is the importance of the number of key persons in a company in confirming the criticality of a person to the company?
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