Answer:
Explanation:
Keeping cool while making a claim ensures clear explaination and direct tone of the message, which when directed towards the company. It helps the insurer work peacefully. Insurer will be happy to clear the claims of people who are cooperative and don't overplay with the value of the claim.
Answer:Q1. Is Summit software is gazelle? Support your answer.
Ans. .Gazelle define as a gazelle company is a high-growth company that has been increasing its revenues by at least 20% annually for four years or more, starting from a revenue base of at least $1 million. Yes from this definition, we can say that this software is gazelle.
Q2.What problems may Jim face by owning such a fast-growing business?
Ans. Faces problems that the As the business grows rapidly, there would be more expectations from the customers. They would expect for change and more innovation in their products. Mr. JM has only three employees and they are burdened with heavy load of work.
The competition arises between firms. Some might be healthy and some might be unhealthy. Unhealthy competition may lead Mr. JM to go in a wrong path.
Q3. Are gazelle more important to the economy that traditional growth business?why or why not?
Ans. Gazelles are vital for the growth of the economy as the country is being benefitted by the profit received by gazelles. Gazelles grow rapidly and hence the economy of the country grows rapidly. Traditional growths in businesses are very slow but they also bring steady profit for the country at a lower and standard level.
Explanation:
Answer:
The FLSA
Explanation:
Exempt workers refers to the workers who fulfill all the requirement to receive at least a minimum wage. Non-Exempt workers are the workers who don't.
This requirement was listed under The Fair Labor Standards Act of 1938.
Here are several of its requirements:
- Have worked over 90 days passed the trial period.
- Legal citizens of United States
- has the status of employment from the company. Meaning that you cannot act as a freelancer.
- Over the age of 18
Jamie Patil need to consider all of these requirements to classify whether her new hire is eligible for minimum wage.
If a customer sells short 100 xyz at 79 and simultaneously writes 1 xyz jan 80 put at 5, the maximum gain potential is: 400.
<h3>What is maximum gain potential/capital gain?</h3>
When an investor invests in or sells put option on stocks she owns, she is selecting a good approach to hedge against loss or bring additional funds in her account. Whenever a seller invests cover call options, this is the most frequent form.
Now according to the question-
- A short stock with such a short puts is an income strategy with unlimited loss potential.
- Although the customer will profit if the price falls, the customer signed an in-the-money put that would be exercised, requiring the client to acquire stock at 80 for a $100 loss here on stock shorted at 79.
- However, the customer collected $500 in premiums, for a total gain of $400.
- The break even point for a brief stock-short put is the short sale price plus the premium.
- In this scenario, the break-even point is 84, and the maximum gain is four points, between 84 to 80.
Therefore, the maximum gain potential is 400.
To know more about the maximum gain/capital gain, here
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