An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies 15 days later. The company pays the death benefit to the estate of the insured. This indicates that the life insurance policy had they were in the room alone
This is further explained below.
<h3>What is an insurance policy?</h3>
Both the insured person and his wife are engaged in an accident that occurs head-on. The husband passes away in an instant, and the wife follows him in passing 15 days later. The death benefit is paid out by the firm to the estate of the covered person. This suggests that the life insurance coverage would not have paid out if they were alone in the room.
In conclusion, A legal relationship exists between an insurance firm, often known as the insurer, and the person(s), business, or entity that is being covered under the terms of an insurance policy (the insured). Reading your policy gives you the ability to check that it satisfies your requirements and ensures that you comprehend both your duties and those of the insurance business in the event of a loss.
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1. To encourage the sales force to engage in more cross-selling:
- Give salespeople <u>more attractive and rewarding </u><u>incentives</u>.
- Offer loyalty perks to customers.
- Identify the specific products for cross-selling.
2. We can conclude that the current FAM trip program serves as a motivational tool for the sales force because a Familiarization trip gives the salespeople firsthand experience.
3. For the sales incentives and sales controls to achieve the objectives of the International Travel Agency, they must:
- Be easy to operate and maintain
- User-friendly for the sales and finance teams
- Provide reasonable ROI measurement tools.
<h3>What is cross-selling?</h3>
Cross-selling is the marketing practice that encourages salespeople to market additional or related products or services to existing customers who are currently making some purchases.
Some of the advantages of cross-selling include:
- Boosting sales revenue
- Increasing customer satisfaction
- Building customer engagement
- Creating solid and lasting customer relationships.
Thus, to encourage the sales force to engage in more cross-selling, offer:
- Salespeople - more incentives
- Customers - loyalty perk
- Ensure the customers are not confused.
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Answer:
A. Those responsible for complying with budgets must participate in budget preparation.
Explanation:
An important rule of budgeting is those responsible for complying with budgets must participate in budget preparation.
Answer:
A consumer satisfaction
Explanation:
Consumer satisfaction is derived from the consumption of goods and services. The weather does not influence consumer satisfaction.
On the other hand weather influences, production costs, quality, and quantity of goods. During extreme weather, accessing materials becomes a challenge. Transportation becomes a challenge, which leads to increased cost. Harsh weather creates a shortage of materials affecting the quantity and quality of goods produced.