Answer:
The demand for health insurance is especially complex because a. consumers may underestimate their risks- option A.
Explanation:
The issue is not that consumers are not being aware of the risks, but most of the consumers are reluctant in to give attention to these risks and underrate their risks.
Thus, the demand for health insurance is mainly complex because consumers may underestimate their risks.
Answer: True
Explanation:
International businesses that has its markets and its production facilities in other countries, or a business that uses resources from other countries should understand the exchange rate system and how it works.
Different policies are pursued by the government and there's no universal exchange rate system, therefore it's vital for businesses to look at the foreign markets and their currency conversion.
Answer:
Classical
Explanation
Classical view point in management is very essential because it brings about increase in productivity, it involves making use of scientific method as well as job specialization among the employee to achieve common goal of the organization.
It should be noted that Classical viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common
I think it's sixth. (according to the decision-making process "theory")
I hope it helped you!
Answer:
Option (A) is correct.
Explanation:
Accounting rate of return is determined to take the efficient business decision related to the capital budgeting and it tell us whether to accept the proposal or not. The following is the formula:
Accounting rate of return = (Average Income ÷ Initial Investment)
For example:
Net profit for 3 years are as follows:
2012 - 13 = $50 million
2013-14 = $100 million
2014-15 = $150 million
Initial investment = $200
Average profit = ($50 + $100 + $150) ÷ 3
= $100
Accounting rate of return = (Average Income ÷ Initial Investment)
= $100 ÷ $200
= 0.5 or 50%