The answer is Equity Index Insurance. The equity index insurance is a stable life insurance policy that allows policyholders to tie build-up values to a stock market index. The indexed universal life insurance policies characteristically comprise a minimum definite fixed interest rate constituent along with the indexed account selection. The equity index insurance work as the total sum of cash value is accredited with interest founded on increases in an equity index but it is not openly capitalized in the stock market. Some policies permit the policyholder to select numerous index
The primary function of <u>supply chain management</u> system is to provide the managers with increased visibility of the entire logistics process so that they can improve the efficiency.
<h3>What is the
supply chain management?</h3>
In a firm, the supply chain management refers to an operational section that manages the flow of goods, services, tasks and processes that take place from the input of raw materials to the output.
In conclusion, the primary function of any <u>supply chain management</u> system is to provide the managers with increased visibility of the logistics process.
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Answer:
a. increase price in the short run but not in the long run.
Explanation:
A perfectly competitive market is one in which firms in an economy produce similar goods, and use resources that are limited in quantity.
An increase in demand will result in a corresponding increase in price, and results in firms making high profits. In the diagram below it results in a shift of demand from D1 to D2.
In the long run as firms have low barrier to entry more firms enter the market and supply shifts from S1 to S2. There is reduction in prices and profits start to fall. This is illustrated in the second diagram.
Answer:
The correct answer is letter "A": Ethical leadership.
Explanation:
Ethical leadership is the set of managerial practices that executives use to give an example to their subordinates and promote good values among the organization. This is typically achieved by promoting fair treatment among workers and social awareness with the external environment of the firm.
In the example, <em>Theo Chocolate started to follow the International Maritime Organization (IMO) standards that promote the safety and security of international shipping and forbid marine pollution from ships</em>.
Answer: C. an implied contract.
Explanation:
An Implied Contract is one that arises as a result of the way one or both of the parties involved in the contract acts towards the other.
Unlike an Express Contract, it need not be written down but it does have the same legal weight and strength of a written contract.
The basic principle of this contract is that people should always be treated fairly in business transactions so the need to always pen it down is not necessary.
By walking in and leaving his clothes at the laundry, Bill got into an Implied Contract as it would be unfair for Tom to just clean his clothes with no payment.