Answer:
Insurance is the procedure by which persons or companies exposed to a specific risk agree with an institution specializing in compensation for damage that the institution will indemnify the damage caused when the risk materializes. The resulting contract is called insurance.
From a commercial point of view, insurance can be defined as the means by which the cost of incidental damage can be converted evenly into a continuous annual cost on an annual basis.
Answer:
equal to the british interest rate
Explanation:
Data provided in the question
The Interest rate on these securities = 12%
In the U.S, the interest rate = 10%
Also the spot rate for today would become suitable for the spot rate
Based on the above information, the effective yield on the british securities would be equivalent to the british interest rate and hence the same is to be considered
Answer:
Enable them to be productive as well as effective leaders across different political and cultures systems.
Explanation:
Global perspective is something which someone could think regarding a situation as it related to the rest of the world or economy. It is that the person or an individual have a thinking or a perspective which relates to the world.
So, the managers with no operations of foreign of any type, still require a global perspective except which enable them to be productive leaders across the different cultures as well as political systems.
NOTE: Text is missing, but I am providing the direct answer.
