<u>Answer:
</u>
The practice of reducing the insurance premium in order to make the coverage more affordable is known as 'loss control'.
<u>Explanation:
</u>
- In some cases, an insurance cannot be claimed as it is modified and agreed on certain terms and conditions. In such cases, the one who holds the policy has to possibly face a loss.
- In order to reduce such loss that may possibly occur from the policy, the policyholders choose to do loss control by choosing to reduce the benefit, which in turn decreases the amount of premium to be paid.
Answer:
Explanation:
six importance of social tradition and custom are :
1. Tradition contributes a sense of comfort and belonging. It brings families together and enables people to reconnect with friends.
2. Tradition reinforces values such as freedom, faith, integrity, a good education, personal responsibility, a strong work ethic, and the value of being selfless.
3. Tradition provides a forum to showcase role models and celebrate the things that really matter in life.
4. Tradition offers a chance to say “thank you” for the contribution that someone has made.
5. Tradition enables us to showcase the principles of our Founding Fathers, celebrate diversity, and unite as a country.
6. Tradition serves as an avenue for creating lasting memories for our families and friends.
7. Tradition offers an excellent context for meaningful pause and reflection.
An oligopoly is a market structure in which the market is shared between a few firms, this few firms sell identical or differentiated products , and the industry has significant barriers to entry.
The automobile industry considered an oligopoly because there are few leading auto manufacturers which are having significant influence over the industry. All these firms sell identical products. And the last characteristic of an oligopoly is also there: it is very hard for a firm to entry this market because production costs are huge.
The answer is A. An internal equity
Gainsharing plans is basically a system that a management use (usually a business enterprise) to increase profitability by motivating their employees to increase their productivity. If their productivity improve, company's profit will also improve.
Option b , c , and D can be used to motivate employees, but not option A
Answer:
False
Explanation:
Bowen's reaction series focuses on ranking the different silicate minerals by the temperature that causes them to crystallize, and comparing the crystallization points with each other. Therefore we can say that the statement being made in this question is completely false because it does not focus on predicting the sizes of these minerals.
