Answer:
The director is required to send a mail concerning the revocation notice to the producer.
Explanation:
Where a producer violates an insurance law and also commits a criminal action in the process, the director is expected to send a notice to the producer and inform the Attorney General for possible prosecution.
Answer:
Reducing cost
Explanation:
Competitive advantage is defined as the edge a firm has over others that results in greater profits.
It can be as a result of technology, price, cost reduction, or quality.
In the given scenario where an organization implements an information system to optimize its supply chain by decreasing wastage, it is reducing its cost as a way of gaining competitive advantage over other companies.
Answer:
Option C is the correct one.
<u>Prohibited supplier from offering special discount to large chain stores without offering them to everyone else.
</u>
<u>
</u>
Explanation:
The Robinson-Patman Act seeks to limit the ability of large, powerful buyers to gain price discounts through the use of their buying power.
Answer:
$76,000
Explanation:
Data provided in the question:
Principal amount left to pay on mortgage = $80,000
Appraised value of the home = $156,000
Now,
The equity she is having in her home in her home will be
= Appraised value of the home - Principal amount left to pay on mortgage
or
The equity she is having in her home in her home = $156,000 - $80,000
or
The equity she is having in her home in her home = $76,000
Answer: socially wasteful
Explanation:
Product differentiation is when a product is being distinguished from similar products in order to make it more appealing and therefore drive consumers choice.
It should be noted that critics of market-oriented economies may argue that product differentiation is socially wasteful.