Explain the importance of insurance to businesses

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Answer 1
business insurance protects a business from closing when catastrophic loss occurs
Explain The Importance Of Insurance To Businesses

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A piece of equipment costs $1.2m. the equipment has a useful life of 4 years. in each of the four years, the investment generates a cash inflow of $0.5m. the impact of the investment project on net income is derived by subtracting depreciation from cash flow each year. assuming the equipment is depreciated on a straight-line basis over 4 years, what is the average contribution to net income across all four years

Answers

Annual depreciation is
Cost of equipment÷useful life
1.2m÷4 years=0.3m

The average contribution to net income across all four years is
0.5m−0.3m=0.2m

The answer is 0.2m

The difference between the willingness to sell a good and the price a producer receives is also known as:

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It is known as PRODUCER SURPLUS. Producer surplus is a measure of the difference between the amount of money a producer of a good receives and the lowest amount the producer is willing to accept for the good. The difference, which is the surplus amount is the benefit of the producer for selling the good. 

Blue Ice Inc. is an American corporation. The company started out as a _____ between Nick Selver and Rita Andrew in 1985. In 2001, the _____ decided to______ their company so they could sell company stock on the ____ . Blue Ice raised $10 billion with its IPO. It was one of the biggest IPOs of 2001.

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The company started out as a PARTNERSHIP between Nick Selver and Rita.
in 2001 THE PARTNERS decided to ______ and STOCK MARKET is the last blank
I'm currently taking the quiz myself and stumbled upon your question in the process. Hope I helped!

I believe the blank the other guy didn't know is "incorporate" but im not 100% sure

After completing your turn, and before changing lanes, you should:

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After completing your turn, and before changing lanes, you should:
use the turn signal to indicate which lane you're going to, check the rear-view mirrors and then center yourself in the lane.

These rules are easy to follow for your safety, the safety of your car as well as the safety of other cars and car drivers 
Final answer:

After turning, check mirrors and blind spots, signal, and then safely change lanes. Do not impede emergency vehicles; pull over and stop for an ambulance.

Explanation:

After completing your turn, and before changing lanes, you should check your mirrors, look over your shoulder for a blind spot check, turn on your signal to indicate your intention to change lanes, and then change lanes when it is safe to do so. It is important to ensure that your actions do not interfere with any emergency vehicles, such as ambulances, approaching from any direction. When an emergency vehicle with flashing lights, such as an ambulance, is approaching, you should pull over to the side of the road and stop to allow it to pass.

1. What is the role of the franchiser when a franchise is purchased?

2. List three advantages of buying an existing business.

3. Imagine that you want to open a doggy-daycare business. Give an example of a human risk, a natural risk, and an economic risk associated with opening this business.

4. Using your answers from the previous question, give one way to manage or lessen the risk you identified.

5. Explain why starting a business from scratch is more difficult than purchasing a franchise, buying an existing business, or joining a family business.

Answers

Final answer:

The franchiser provides the franchisee with a proven business model and support. Buying an existing business offers advantages such as an existing customer base and trained employees. Owning a business entails various types of risk that can be managed through insurance, planning, and savings. Starting from scratch is harder due to the lack of a proven business model and customer base.

Explanation:

The role of the franchiser when a franchise is purchased is to provide the franchisee with a proven business model, including training, guidance, and support. They often provide resources for marketing and advertising as well.

There are several advantages to buying an existing business. Firstly, it has a provable track record of success. Secondly, it has an existing customer base. Finally, it has skilled and trained employees already in place.

If you want to open a doggy-daycare business, there are several risks you need to consider. A human risk could be an injury to a pet or employee. A natural risk might be a hurricane or flood that damages your facilities. An economic risk could be a recession, leading to less demand for dog daycare services.

To mitigate these risks, you might consider taking out insurance coverage, developing a business continuity plan, and putting aside savings for periods of economic downturn.

Starting a business from scratch is more difficult than purchasing a franchise, buying an existing business, or joining a family business because it lacks a proven track record, established business model, and potentially loyal customers.

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A(n) ________ includes how employees should react to security problems, whom they should contact, the reports they should make, and steps they can take to reduce further loss.

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An "Incident Response Plan". :)
A(n) Incident Response Plan includes how employees should react to security problems, whom they should contact, the reports they should make, and steps they can take to reduce further loss.

Please find the current assets and liability

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Current assets includes
Cash 43000
Prepaid insurance 9000
Inventory 55000
Accounts receivable 33000
Total=140000

Current liabilities includes
Accounts payable 75000
Salaries payable 12000
Total=87000

A cooling tower a. is controlled by a thermostat. b. cools water as it flows through pipes. c. cools water through insulation. d. causes thermal pollution.

Answers

Final answer:

A cooling tower is used to remove excess heat from water in power plants through evaporative cooling, helping to condense steam back into water and prevent thermal pollution of natural water bodies.

Explanation:

A cooling tower is a structure that is used to remove heat from water in power plants, industrial facilities, and HVAC systems. Specifically, in power plants such as nuclear and coal-fired stations, the cooling tower facilitates the condensation of steam from the turbine back into water, which can then be reused in the steam cycle. Through the process of evaporative cooling, hot water from the system is cooled as it comes into contact with air in the tower, and water vapor is released into the environment. This is a crucial part of the plant's operation as it helps to manage the temperature of the water and prevent thermal pollution, which is the release of heated water back into natural bodies of water, potentially harming the ecosystem by reducing dissolved oxygen levels and raising the water temperature.

The term inferior goods refers to what kind of goods?b

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The term inferior goods refers to goods that consumers demand less of when their incomes increase. The demand of this good would also decrease when the real GDP of the country increases. This would happen when a good would have a substitute that has more cost or price which would have an increase its demand as the people improve their income. An example would be coffee. A coffee from Mcdonald would be inferior to the coffee that is from Starbucks. When a person's income decrease, he would tend to buy coffee daily from McDonald since it is more affordable as compared to Starbucks. However, when his income rises, he would be preferring the one from Starbucks. 

Answer:

Goods that consumers demand more of when their income increase!!!!!!!

Explanation:

In order to make sure it is possible to clean the floors under shelving units in food establishments, the shelves must be at least _____ above the floor.

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The shelves must be at least SIX [6] INCHES above the floor. This is necessary in order to facilitates proper cleaning of the floors, the unobstructed space below the shelf will make it easier to clean the underneath of the shelves. This will prevent cockroaches and other kitchen pests from habouring the space.

All licensees should give earnest money checks to their sponsoring broker immediately who must deposit said earnest money by

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 All licensees should give earnest money checks to their sponsoring broker immediately who must deposit said earnest money by: the next business day of contract acceptance.
the earnest money check is the amount of money that being put in the escrow amount after the deal is done (the account is held by the estate broker)

Final answer:

Earnest money in real estate transactions and the role of a sponsoring broker in handling the money.

Explanation:

In real estate, earnest money refers to a deposit made by a buyer to demonstrate their intention to purchase a property. The money is typically given to the seller's real estate agent or escrow company. The purpose of earnest money is to show the seller that the buyer is serious about the transaction and provides some financial security in case the buyer fails to fulfill their obligations as stated in the purchase agreement.



In this question, it is stated that all licensees should give their earnest money checks to their sponsoring broker immediately. The sponsoring broker is the individual or company that holds the real estate license for the licensee. The purpose of immediately giving the earnest money to the broker is to ensure that it is promptly and properly deposited into an escrow account or other appropriate account. This helps protect the buyer's interests and ensures that the money is handled in accordance with applicable laws and regulations.



To summarize, the subject of this question is real estate law, and more specifically, the handling of earnest money in a real estate transaction.

What is the term for the codes and formats used for the exchange of medical data?

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The term that is used for the codes and formats used for the exchange of medical data is called the ETR or the electronic transaction record. It holds all information and transactions regarding medical which is used by the people in the medical field to exchange data easily.

Who persuaded congress to establish the reconstruction finance corporation, the home loan bank board, and the federal farm marketing board?

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Final answer:

Herbert Hoover, the U.S President during the Great Depression, persuaded the Congress to establish the Reconstruction Finance Corporation, the Home Loan Bank Board, and the Federal Farm Marketing Board.

Explanation:

The person who persuaded Congress to establish institutions like the Reconstruction Finance Corporation, the Home Loan Bank Board, and the Federal Farm Marketing Board was Herbert Hoover. As conditions worsened during the Great Depression, Hoover, who was the sitting U.S. president at the time, relaxed his opposition to federal relief and initiated several programs. Although these programs did not directly benefit individuals in the greatest need, they aimed to boost the American economy by ensuring financial institutions were on solid footing.

Furthermore, Hoover's assistance also led to the endorsement of a bill by Senator Robert Wagner of New York in 1932 known as the Emergency Relief and Construction Act. This act expanded the RFC's remit beyond financial institutions.

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An amount of $40,000 is deposited in a bank that pays interest at the rate of at 9%/year compounded annually. what is the total amount on deposit at the end of 10 years, assuming there are no deposits or withdrawals during those 10 years?

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If the 40,000 gets 9% added to it every year 9% of 40,000 is 3,600 which you multiply by 10 it is 36,000 for the interest plus 40,000 which equals 76,000

Good designs offer users as many alternatives as possible
a. True
b. False

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The answer to is
b. False

Good designs or more specifically, good designers should prepare multiple design choices that users can choose from. People have different tastes and sense of style. A designer should not impose his own preference and provide different perspectives for the users.

Jamey did a lot of research on his paper topic but can't figure out where to start writing. He has a loose plan in mind, but it's very unclear. What should Jamey do?

A. He should write an outline first to plan his paper.
B. He doesn't need a plan; he should just sit down and start writing.
C. His thesis is weak; he should revise his thesis first.
D. He should write down all of his research and organize it before writing.

Answers

Final answer:

Jamey should start by writing an outline to organize his thoughts and research for his paper. An outline helps outline the main ideas and supporting evidence in a logical sequence, which can evolve during the writing process. This approach will guide him through drafting, where he can put words on paper and revise as needed.

Explanation:

Jamey should definitely start by writing an outline to better organize his thoughts and research. This approach lets him structure his paper before diving into the writing process, ensuring that his ideas flow logically. He can sketch out the main ideas, supporting evidence, and arrange them in a sequence that makes sense. As he writes, Jamey might find that his plan evolves, and that's okay—it's part of the process. Writing an outline is beneficial as it helps see how different concepts relate and can be effectively structured in the paper.

An outline can also act as a guide during the drafting phase. This is the stage where Jamey should start putting words on the paper, following the outline but also noting down any new ideas that emerge. The drafting process isn't about perfection; it's about beginning to shape the paper, and it is expected that the first draft will go through revisions.

To further aid the organization of his paper, Jamey can use a graphic organizer and ensure that he has a working thesis at the center of his paper. As ideas solidify and the analysis progresses, revisiting and possibly revising the thesis may be necessary. By breaking down the task into these manageable steps, Jamey will be well on his way to writing a coherent and well-argued paper.

Based on what you have learned, why does the ITA believe that fair trade is important to US businesses and to the world?

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The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

ITA believes that fair trade is important to US businesses and to the world as it would contribute to making nations competitive in their trading efficiency.

Aim of International trade administration (ITA)

ITA wanted to fair-trade policies to prevail among different nations of the world in order to allow them to participate in trade freely. It has the intention to eliminate trade barriers so that both producers and consumers may save money.

Hence, countries would gain through improvements in economies and reduce global problems.

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How does fractional banking allow there to be an increase in the money supply?

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Banks can lend up to 90% of money on deposit in the bank to other clients.
The other 10% that the bank does not lend is called the "fractional reserve".

Now, by lending this 90% to a client, the money supply may increase based on the procedure below:
First client deposits 100$ in the bank
Bank lends 90$ to second client who deposits these 90$ in another bank
This other bank lends 81$ from the deposited 90$ to a third client who deposits them in a new bank.
The new bank lends 72.9$ out of these 81$ to a fourth clients who deposits them in a different bank......and so the cycle continues increasing the money supply

The _____ phase of the baldrige roadmap to performance excellence is characterized by action on the feedback, usually by incorporating it into the strategic planning process.

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The definition above is that of INTEGRATION PHASE OF BALDRIGE ROAD MAP. Baldrighe road map is a framework that provide a structured approach to performance excellence. The frame work is used to attain excellency in the performance of organisations in order to produces the most quality goods and services possible. 

The primary strength of pepsi is the manufacture, distribution, and promotion of carbonated beverages. these describe which factor of a pepsi consumers' immediate environment?

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The primary strength of Pepsi is the manufacture, distribution, and promotion of carbonated beverages.

These describe the factor of company capabilities of a Pepsi consumer's immediate environment.

The immediate environment includes company's capabilities, competitors, and corporate partners. It depends on the capability of a company that how to run and make a company successful.

If you purchase or obtain a vehicle from someone else, you are responsible for transferring ownership of the vehicle to your name with the dmv within how many days of the purchase?

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5 days, but it depends on rules of where you are. It can be 10, or maybe even as high as 90.

Research shows that men prefer to date women who are in ____ careers.?

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The answer is traditional careers. 


Traditional careers guarantee much regarding extraneous prizes. They are frequently seen as not so much unsafe but rather more steady than flighty vocations as for money and advantages. Traditional careers additionally give an instant stage to social association and acknowledgment. When one turns into a doctor, for example, she is in a flash allowed a specific economic well-being. Callings, for example, solution additionally give an encouraging group of people of partners and in addition pre-framed pathways for proficient improvement. A potential drawback to conventional vacations is they require an ability to trade off individual interests and inclinations for aggregate guidelines and benchmarks.

Incent has worked at the shadows restaurant for several years and in the restaurant industry for almost 30 years. he can't really explain it, but he "just knows" which applicants are the ones to hire. his intuition most likely comes from a high level of _____ that he has of the industry in general and this restaurant in particular. early training genetic knowledge tacit knowledge extraneous knowledge continual reinforcement

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ncent has worked at the shadows restaurant for several years and in the restaurant industry for almost 30 years. he can't really explain it, but he "just knows" which applicants are the ones to hire. his intuition most likely comes from a high level of TACIT KNOWLEDGE that he has of the industry in general and this restaurant in particular. early training genetic knowledge tacit knowledge extraneous knowledge continual reinforcement.

Jamal (now age 54) lost his job. he has very specialized skills that are no longer in demand. jamal's unemployment is best classified as:

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His unemployment is best classified as Structural. 

According to the situation, Jamal (now age 54) lost his job. he has very specialized skills that are no longer in demand. Jamal's unemployment is classified as Structural unemployment.  

What is Structural unemployment?

When the abilities that people in the economy can supply do not match the skills that companies are looking for in employees, structural unemployment results (also called as the skills gap).

One of the three types of unemployment identified by economist:

Frictional unemployment. Cyclical unemployment. Structural unemployment.

Technological advancements that render many workers' job abilities obsolete frequently cause structural unemployment.

Therefore, Jamal's unemployment is classified as Structural unemployment.  

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A regulation that puts a price cap on apartment rents leads to​ _______. a monopoly leads to​ _______.

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A price regulation that put a price cap on the apartment rents a landlord is permitted to charge leads to underproduction. A monopoly leads to underproduction. The answer is both under productions in the monopoly leads and apartment rent leads. 

Regulations setting a price cap below equilibrium rent create apartment shortages, whereas monopolies often lead to high prices and restricted output.

When a regulation puts a price cap on apartment rents below the equilibrium rent, it results in a shortage of apartments in the market. This shortage is represented by the difference between the quantity demanded (A2) and the quantity supplied (A1).

On the other hand, in the context of a monopoly, high prices are typically associated with restricted output. If given a choice in such a scenario, monopoly concerns suggest opting for low prices and low income.

Eckert company is involved in producing and selling high-end golf equipment. the company has recently been involved in developing various types of laser guns to measure yardages on the golf course. one small laser gun, called littlelaser, appears to have a very large potential market. because of competition, eckert does not believe that it can charge more than $86 for littlelaser. at this price, eckert believes it can sell 120,000 of these laser guns. eckert will require an investment of $12,000,000 to manufacture, and the company wants an roi of 18%. determine the target cost for one littlelaser.

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We can solve this problem by first calculating for the total cost and the total revenue. Then the difference of the total revenue and total cost would be the profit or return on investment.

Profit = Total revenue – Total cost                      ---> 1

 

First, calculating for the total revenue:

Total revenue = $86 * 120,000

Total revenue = $10,320,000

 

Second, calculating for the total cost:

Total cost = X * 120,000

where X is the target cost for one littlelaser

 

It was stated that the company wants a return of investment of 18%, therefore the profit must be:

Profit = 0.18 * $12,000,000

Profit = $2,160,000

 

Substituting to equation 1:

$2,160,000 = $10,320,000 - X * 120,000

X = $68

 

Therefore the target cost is $68

Final answer:

The target cost for one littlelaser is $10,169,491.53.

Explanation:

The target cost for one littlelaser is the cost that Eckert needs to achieve in order to meet its desired return on investment (ROI). In this case, Eckert wants an ROI of 18%. The formula to calculate the target cost is:

Target Cost = Total Investment / (1 + ROI)

So, in this case, the total investment is $12,000,000 and the desired ROI is 18%. Plugging these values into the formula:

Target Cost = $12,000,000 / (1 + 0.18) = $10,169,491.53

Therefore, the target cost for one littlelaser is $10,169,491.53.

If Kevin makes $7.75 an hour and works 45 hours, what is his gross pay? A. $338.75 B. $318.75 C. $348.75 D. $315.75

Answers

The answer to your question is C. 348.75
The answer is C. $348.75, multiply both numbers to get the answer

The primary reason for an organization to adopt planning and strategic management is to ________

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The primary reason for an organization to adopt planning and strategic management is to be able to develop a sustainable competitive advantage. It is because when an organization starts to plan and make use of strategies, they are able to make advances that would gain them and would have their organization to progress more than of their competitors.

Final answer:

Organizations adopt planning and strategic management primarily to adapt to changes and achieve objectives efficiently, providing a clear roadmap that guides towards its vision.

Explanation:

The primary reason for an organization to adopt planning and strategic management is to enhance its capacity to adapt to changes and achieve set objectives efficiently. These are tools that managers use to guide the organization towards its vision through a systematic and coherent set of actions. For instance, planning involves deciding on the best course of action, setting goals, and determining resources required for these goals. Strategic management, on the other hand, involves setting out a clear vision and mission, assessing both its internal and competitive environment, analyzing its options, making strategic choices, and implementing the strategy.

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News channels (CNN, FOX, MSNBC, LOCAL NEWS) are best used for:

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figuring out what is going on in the world around you including weather, latest political views, and bussiness facts
They are best used for explaining what's going on in the world such as the presidents decisions or New deals going on with other countries.

If consumers expect a shortage of consumer goods in the future, what will happen to output and price level?

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Expectation of future shortages leads to increased aggregate demand, potentially causing a temporary rise in output. However, it would likely result in higher price levels due to reduced supply, eventually leading to inflation.

If consumers anticipate a shortage of consumer goods in the future, this will likely lead to an increase in aggregate demand as consumers attempt to purchase goods before the shortage occurs.

This rise in demand can cause a temporary increase in output as firms try to meet the higher demand, but over time, if the anticipated shortage materializes, production might decline due to limited availability of raw materials or production capacity. As a result, the overall effect would be higher price levels due to increased demand and reduced supply, potentially resulting in inflation if the trend continues.

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