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Nostrana [21]
2 years ago
15

An insurance company chartered in another country has been licensed to operate in your state. In your state the insurance compan

y is:
Business
1 answer:
vladimir2022 [97]2 years ago
8 0

When an insurance company chartered in another country has been licensed to operate in your state. In your state, the insurance company is called a foreign insurer.

<h3>What is insurance?</h3>

Insurance refers a policy or agreement which provides financial protection to any individual if he faced any injury or died in accident.In case of injury,it helps in receiving medical claim as per the policies of the insurance company.

A foreign insurer is a corporation based in one state that writes insurance for clients in those other states. In the world of health insurance, foreign insurers are fairly common.

The benfits of these policy is that it offers better benefits in  terms and protection to the policy holders as compared to own state.In this insurance the more options are received which is not available in own state.

Learn more about Insurance, here:

brainly.com/question/27822778

#SPJ1

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You are the manager of a firm that produces products X and Y at zero cost. You know that different types of consumers value your
arlik [135]

Answer and Explanation:

a)

If you charge $40 for X then everyone will buy as everyone is willing to pay atleast $40. this means all three groups buy that is 3*1000 buyers.So profit from X = 3000*40= $120,000

And since everyone is willing to willing to pay atleast $60 for Y again all three groups will buy so profit from Y =3000*60=$180,000

profits=$300,000

b)

If you charge $90 and $160 for X and Y respectively you will have only 1000 buyers for each product as others are unwilling to pay this much.

So profits = 1000*90 + 1000*160=$250,000

c)

for a bundle of X and Y buyers are willing to pay a total of $150, $210 and $200 across the three categories.

So everyone will buy a bundle of 1 X and 1 Y.

profits = 150*3000= $450,000

d)

If you charge $210 only the second will buy as they are willing to pay that much so profits =1000*210=$210,000

Also by selling X at $90 group 1 will buy X; profits=1000*90=$90,000

and by selling Y at $160 group 3 will buy Y; profits=1000*160=$160,000

total profits =$460,000

8 0
3 years ago
Understanding how costs behave is useful to management for all the following reasons except a. predicting customer demand b. pre
DedPeter [7]

Answer:

The correct answer is A

Explanation:

Study of the cost behavior provides the useful information for determining the costs.Customer demand could not be predicted by paying the attention to how the costs varies or change when the activity changes. However, the costs could be estimated or determined and changes could be made to the production which is existing in order to maximise the profit for the business.

3 0
3 years ago
Phân biệt triết lý bán hàng và triết lý Marketing
Rom4ik [11]

Answer:

I don't understand the language

5 0
3 years ago
You are the General Manager of a regional chemical company. In the course of producing your bulk chemicals, large amount of part
34kurt

Answer:

The answer is explained below

Explanation:

The companies board of directors as well as you would consider whether it is best to install the scubber system. When determining whether to install the scubber system both short and long term consequences are to be considered. If presently, the level of pollution is legal, you need to consider if in the future it would be legal? if the installation of the scubber system would affect the public relations of the company. After considering all this, it would be better to install because the pollution can lead to death, and the neighborhood can sue the company. Also the EPA regulations can be regulated.  

5 0
3 years ago
D
chubhunter [2.5K]

Answer:

False

Explanation:

The situation above is called the "pitch." This is a <em>process of persuasion </em>whereby people present their ideas to their<u> potential clients or investors.</u> This is done in order to achieve a particular purpose. In the situation above, the ad agency's purpose is<em> to win the potential client's account. </em>In order to become successful in pitching ideas, one has to consider some pointers such as <em>getting to the point fast, using a message map, not using too many slides and the like.</em>

So, this explains the answer.

5 0
3 years ago
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