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NEW QUESTION 29 An insurance company wants to increase sales by 15% and customer retention by 10% within 1 calendar year. Various strategies to achieve this were considered and a restructure to the existing pricing model is selected to help achieve these goals. A business analyst (BA) works with stakeholders such as actuaries, product specialists, sales staff, risk managers, and underwriters who agree to applying varying levels of discounts to customers based on: *Total annual premium the customer has with the company (Financial worth) *Time with the insurance company (Loyalty) Various financial models are considered but the stakeholders agree that an initial applicable discount is determined based on the customer's overall premium: The percentage of the maximum possible discount available to the customer is adjusted based on time with the company: If within the first six months, customer retention increased by 5 % and sales increased by 6%, then when will the desired sales and retention goals be achieved assuming the trend continues at the same pace?

• A. Sales - 18 months; Retention - 1 year
• B. Sales - 2.5 years; Retention - 2 years
• C. Sales - 3 years; Retention - 1 year
• D. Sales - 2 years; Retention - 18 months

Answer: A   NEW QUESTION 30 You are completing the requirements for vendor selection and need to create a procurement form that will ask the vendor to provide only a price for commercial-off-the-shelf solution. What type of procurement form will you need to provide to the vendor?

• A. Request for quote
• B. Request for proposal
• C. Purchase order
• D. Request for information

Answer: A   NEW QUESTION 31 Which of the following terms is used to describe a major deliverable or key even in the project used to measure project progress?

• A. Phase
• B. Milestone
• C. Project life cycle
• D. Achievement

Answer: B   NEW QUESTION 32 ......