Answer
Insurance products protect against financial risk and property loss. They provide stability to individuals and businesses in the long run.
Explanation
An insurance product is a type of financial arrangement in which the insurance provider agrees to pay on covered claims. In turn, the buyer pays a monthly premium. Common insurance products are life insurance, auto insurance, health insurance, home insurance, etc.
Insurance products are bought by individuals and businesses as a form of risk management. They are used as a hedge against uncertain loss and contingency. Insurance provides a sense of security. Thus the businesses can take risks and make greater profits. Insurance products can be considered viable if they are profitable
Further Explanation
There are a large number of financial products and tools such as savings, loans, insurance products, and current income, etc, that can help businesses and individuals to manage risk. Among these, insurance products are the most valuable and relevant.
If the other alternative tools and products mentioned above are accessible at a lower cost and are providing better coverage than insurance products, then in that case insurance products will not remain relevant.
But these alternative tools are relevant only if the cost to be covered is low or the event is predictable. So in most situations, the insurance products are relevant, as they protect individuals and businesses against potential loss on behalf of a fee which is premium. The cost of loss is transferred to the insurance provider.
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Keywords
Insurance, Risk, Security, financial loss, stability, finance, businesses, Uncertainty, profits, premium.
The way the bank determines the balance on which to calculate your interest is known as _____.
A. minimum finance charge
B. method of computing balance
C. minimum monthly payment
D. annual percentage rate
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What type of mortgage has set payments for the life of the loan? A: Varying-rate mortgage B: Fixed-rate mortgage C: Adjustable-rate mortgage D: Index-rate mortgage
Answer:
fixed-rate mortgage
Explanation:
A(n) ________ is information that needs to be given to a macro to produce output.
Can a citizen of a state sue a different state
A consumer product for which buyers will not accept a substitute, for which purchasers do not compare alternatives, and that is purchased infrequently and with extra effort on the buyerâs part is a ____ product.
The central processing unit controls all the functions performed by the computer's other components and processes all the commands issued to it by software instructions true or false
True, the central processing unit controls all functions within a computer and processes commands from software. It serves a role similar to the human brain, manipulating data and executing tasks, powered by microprocessor technology.
Explanation:The statement is true: The central processing unit (CPU) indeed controls all the functions performed by the computer's other components and processes all the commands issued to it by software instructions. The CPU acts as the brain of the computer, similar to how our human brain functions as the control center of our body. It interprets instructions from both hardware and software, manipulates data, and enables the execution of tasks.
Historically, computers have evolved significantly from mechanical systems to electronic ones, with the contemporary CPU made up of microprocessor technology. This microprocessor is an integrated circuit that stores and performs calculations, allowing for a wide range of useful functions.
Just as the brain contributes to our cognitive abilities, such as reasoning, imagination, and language, the CPU enables complex computational operations necessary for a computer to run various programs and applications effectively.
Learn more about Central Processing UnitOne main issue in studying global social inequality is: question 19 options: 1) most countries keep their economic situations secret. 2) social inequality is relative and therefore, difficult to compare across cultures. 3) the presence of tourism can make a country look richer than it really is. 4) most people live beyond their means which gives a false sense of wealth to a society.
One main issue in studying global social inequality is the difficulty of comparing social inequality across cultures due to its relative nature. Economic and social structures vary among countries, making it challenging to measure and compare social inequality on a global scale.
Explanation:One main issue in studying global social inequality is that social inequality is relative and therefore difficult to compare across cultures. Different countries have different economic and social structures, making it challenging to measure and compare social inequality on a global scale. For example, the criteria used to measure poverty in one country may not be applicable to another country with a different economic system and cultural context.
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Write a fictional scenario (can be based on something you have witnessed in real life) describing an ethical challenge you might encounter in a loan transaction.
A fictional scenario would be a Loan Officer waiving some of the requirements for accessing a loan for their blood relative. This of course is not ethical.
What are Ethics?Ethics refer to standards that are formed, described, and communicated within organizations on what the acceptable standard of behavior are in relation to other people and the business.
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During the summer, alex runs a lawn-mowing service, and lawn-mowing is a perfectly competitive industry. in the short run, alex will shut down his lawn-mowing service rather than continue with it if:
_____ are the policies and practices about the way a business should behave.
Business ethics
Company constitution
Ethics
The Better Business Bureau
How the south African government provides support to the people by arrive alive?
A theoretical model describing a product's sales and profits over the course of its existence is known as the product ________.
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John took a call from a customer who wanted to purchase 1,000 shares of a company’s stock, which just went public. What is John’s profession?
a. tax accountant
b. insurance sales agent
c. real estate agent
d. financial services sales agent
Answer:
d. financial services sales agent
Explanation:
The Financial services sales Agent provide a comprehensive view on various financial issues, so they have the mission of providing an investment advisory service. In that sense, they work with clients to make decisions regarding their assets; To that end, they provide by making objective recommendations designed to help them achieve their objectives following the established financial planning.
These professionals are usually hired within the financial industry, such as places such as banks, stockbrokers, insurers, among others.
In other words, agents selling securities, raw materials and financial services connect buyers and sellers in financial markets. They sell securities to people, advise companies seeking investors, and carry out transactions.
Suppose that real GDP equals potential GDP, but the government believes that the economy is in a below full-employment equilibrium. As a result, the government increases its expenditure on goods and services. In response to the government's fiscal policy
Prejudice would be an example of what factor affecting wages?
A. Education
B. Supply
C. Social attitudes
D. Government laws
Definition of unemployment insurance fund
An advantage of a firm pursuing multiple segment specialization is that:
A preferred position of a firm seeking after various fragment specialization is that IT CREATES THE LARGEST POTENTIAL MARKET FOR THE FIRM'S PRODUCTS OR SERVICES.
Further Explanation:
Multi segment specialization:
A showcasing technique when an organization attempts to pick up clients from more than one kind of market for a similar item and utilizations, consequently, various sorts publicizing, which can be expensive additionally called separated promoting.
multi segment advertising:
A separated advertising technique is one in which the organization chooses to give separate contributions to each extraordinary market portion that it targets. It is likewise called multi fragment showcasing. Each portion is focused with a specific goal in mind, as the organization gives novel advantages to various fragments.
item specialization:
Item specialization is one methodology an organization can use to target explicit client market sections. This methodology works for organizations that represent considerable authority in a fantastic item and can redo it to fit the particular needs of various sections.
Purpose of specialization:
Specialization is a strategy for creation whereby an element centers around the generation of a constrained extent of merchandise to pick up a more noteworthy level of proficiency. Numerous nations, for instance, have some expertise in creating the products and ventures that are local to their piece of the world, and they exchange for different merchandise and enterprises.
Subject: business
Level: High School
Keywords: Multi segment specialization, multi segment advertising, item specialization, Purpose of specialization.
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Tele-com, inc., the nation's largest cable tv company, tested the effect of a price reduction for the disney channel. it lowered prices from $10.75 to $7.95 and found that the number of customers more than doubled. this means the
Triad common stock is selling for $27.80 a share and has a dividend yield of 2.8 percent. what is the dividend amount?
The department of transportation appropriations act of 2000 standardized the maximum legal limit for alcohol intoxication while driving at __________ bac.
The Department of Transportation Appropriations Act of 2000 standardized the maximum legal limit for alcohol intoxication while driving at 0.08% BAC.
Explanation:The Department of Transportation Appropriations Act of 2000 standardized the maximum legal limit for alcohol intoxication while driving at 0.08% BAC. BAC stands for blood alcohol concentration, and it measures the amount of alcohol in a person's bloodstream. This limit means that if a person's BAC is above 0.08%, they are considered legally intoxicated and should not be driving.
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According to the open systems view of organizations, _____ is (are) an input for organizations.
a. incentive plans
b. products
c. financial resources
d. employee motivation
e. employee behavior
The answer is letter d, financial resources. It is a period covering all financial funds of the organization. From an economic perspective financial resources are the part of the organization’s assets or property). Sometimes these are referred just as finance, often with some attributes (like Business finance, Personal finance, Public finance). Finance is one type of source, correspondingly, that inputs into the production process. Also, according to open systems the inputs are external factors such as raw materials, human resources, information, financial resources, and equipment.
Final answer:
According to the open systems view of organizations, financial resources is (are) an input for organizations. Incentive systems which motivate employees are essential for enhancing performance and productivity within companies. The correct option is c) financial resources
Explanation:
According to the open systems view of organizations, financial resources are considered an input for organizations. An incentive system within a company is a structured plan designed to motivate and reward employees to enhance performance and productivity. Such incentives may include various forms of variable pay such as piece rates, individual bonuses, merit pay, and sales commissions, which tie employee pay to their performance.
Companies leverage these incentive-based strategies to foster motivation and drive performance, tying rewards not only to individual achievements but also to company-wide outcomes. Thus, well-designed incentive plans are crucial for organizations seeking to motivate employees and achieve strategic objectives.
A rubric shows the percent of correct answers required to achieve a certain grade.
True or false
Is rand corporation a liberal or conservative company?
You would advise a client that's launching a new product line to advertise on the google display network because she can:
Sarah has a credit card balance of $2000. the credit card company charges 11% per annum simple interest. what is the interest charge on sarah's credit card after 1 month?
Mr. hawkins wants abel to learn to purchase a newspaper from a newspaper vending machine. over two weeks, abel purchases newspapers from four different newspaper machines. this is an example of what generalization technique?
Final answer:
Mr. Hawkins is using stimulus generalization with Abel, a behavioral psychology technique where Abel learns to generalize a behavior (purchasing newspapers) from one situation to similar situations (different vending machines).
Explanation:
The example provided, wherein Mr. Hawkins wants Abel to learn to purchase a newspaper from different newspaper vending machines, is an illustration of the generalization technique often seen in behavior psychology and learning. Specifically, Abel is engaging in stimulus generalization, a process where a behavior is learned in the presence of a specific stimulus and then transferred to, or generalized to, other similar stimuli. By purchasing newspapers from various machines, Abel is demonstrating that he can apply the skills he has learned to similar but not identical situations.
This form of training is critical because it increases the efficiency of learning experiences. It prepares individuals for real-world situations where adaptability and the ability to engage with a range of similar stimuli are necessary. While the concept of generalization is a broad one, this example falls under the category of 'reasoning from specific instances to generalities,' showing that behavior learned in one context can expand to others.
When you drive above 5,000 feet, there is substantially less oxygen available and you can become _________ very quickly?
_____ include(s) stocks of completed goods, work in process, and raw materials
Cromwell enterprises is acquiring athens, inc. for $899,000. athens has agreed to accept annual payments of $210,000 at an interest rate of 8.5 percent. how many years will it take cromwell enterprises to pay for this purchase
The california “standard form” policy of title insurance on real property insures against loss occasioned by:
The California “standard form” policy of title insurance on real property insures against loss occasioned by a forgery in the chain of recorded title.
To add, standard form policy is an insurance policy form that is designed to be used by many different insurers and has exactly the same provisions, regardless of the insurer issuing the policy.
Final answer:
Property insurance covers risks associated with owning property, including losses due to damage or deception, and underwriters calculate risk exposure to recommend coverage levels.
Explanation:
Property insurance covers risks associated with owning property like fire, theft, and storms. Title insurance on real property in California provides protection against various losses, and this includes losses due to property damage or deception. The underwriters use information to calculate risk exposure and recommend coverage levels based on factors that can reduce risk, such as building materials and safety measures.