Adverse selection describes situations when high-risk persons are more likely to receive insurance or when one bargaining side has important knowledge that the other does not. Our goal is to influence decision-makers, both inside and outside of government, to consider the future and adopt long-term plans.
When vendors and/or purchasers have different knowledge about a certain component of a product's quality, this is referred to as adverse selection. Thus, those who work in hazardous environments or lead high-risk lives are more likely to buy life or disability insurance, knowing that they will likely be able to use it.
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Answer:
The statement is: True.
Explanation:
Supply Chain Management aims to streamline the processes involved in the supply chain. The supply chain is a complex network of activities and resources involved in transferring raw materials, parts, and finished goods from initial manufacturers to end consumers.
<em>We could say then, that the supply chain management has a dual role: one driven by the manufacturers needs to be communicated to suppliers and the second represented by the number of activities that the supply chain processes demand managers and engineers to structure.</em>
Instead of only meeting the goals of upper management, malcolm could have also tried to meet the goals of his team members. This is known as servant leadership.
What is servant leadership?
Servant leadership is a leadership philosophy in which the aim of the leader is to work. This differ from traditional leadership where the leader's main goal is the thriving of their company or organization. A servant leader shares power, puts the wants of the employees first and helps people develop and perform as highly as possible.
Servant leaders are very values-based and mission-driven.
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Answer:
it depends who it is
Explanation:
u think defrent people are good at different things
