Answer: Share
Explanation:
According to the given scenario, the berry hill is one of the type of insurance company that basically decided to sharing the risk for paying the flood claims by increase the rate of of the insurance in the southern state.
The various types of companies or insurance based organization are effectively determining their risk by calculating the actual premium rate of the policy holder partner.
The risk sharing is one of the process in which the both the factor such as profit or loss are get share between the partners or any policy holder member in the company on the basis of the pre-determine formula.
Therefore, Share is the correct answer.
Answer:
B. Kenji has the lowest opportunity cost.
Explanation:
The opportunity cost is those resources that a person gives up when making a choice or making a decision. If Lucia stopped working for an hour, stop receiving $ 120
. Otherwise, If Kenji stops working four hours, to shear the llamas, he stops receiving $ 80. Then, his opportunity cost is the lowest.
Answer:
The correct answer is True.
Explanation:
Fiedler's theory refers to how high effectiveness can be achieved in a specific area taking into account both the personality of the person that the management and the situation in particular. When a leader is facilitated to influence his managers, it is said that he will be able to better handle the situations that arise. This definition supports the aforementioned, because it was a change to the classical theory of leadership.
Answer: Option a
Explanation: In simple words, it refers to the traditional method of selling under which the organisation hires sum people to directly interact with the customers and persuade them to buy the product. These sales personnel uses their specialized knowledge, appearance and attitude to manipulate customers.
In such a method, the individual is the only entity from which the potential customer interacts and are responsible for the services that are needed to be performed after the order is made.
Hence the correct option is A.
Answer:
Income statements and or Cash flow statements.
Explanation:
Income statement and Cash flow statements are required.
Income Statement will give us insight about our costs as we maybe recording sales but if the costs and expenses are too high we are unlikely to be making enough gross profits to be able to pay bills.
Cash flow statements are required as sales may be credit and thus reducing working capital for the company, although they may be making profits but if the debts are uncollected they are unlikely to have cash available to be able to make payments.
Hope that helps.
