Insurance is an important aspect of risk management in business. Insurance is related to successful financial management because when a business is insured, it can weather times of loss and unforeseen occurrences without losing its strength. Insurance is important because it helps businesses to mitigate loss.
- Insurance is an aspect of risk management in business where a policyholder pays an agreed sum to the insurer, with the intent of lightening any unforeseen losses they may encounter in the future.
- Insurance is important because businesses come with risks that could be sudden and unexpected.
- The pool of funds generated by the insurance company from other insurers will be used to attenuate the loss that the business will face.
- Conclusively, if businesses will thrive for a long time, insurance is very beneficial.
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Answer:
to make montey and to keep our world level headeed
Explanation:
Answer: The total cost of land will be $110,00 while the total cost of building will be $675,000.
Explanation:
The total cost of land will be $110,00 while the total cost of building will be $675,000. Total cost of land is gotten by ($100,000 + $8,000 + $4,000 - $2,000) = $110,000
Total cost of building is gotten by adding $25,000 + $650,000 = $675,000.
Further explanation has been attached
Answer:
B) 1.64
Explanation:
Given that there is 95% service probability i.e. assured
So here the company applied the approach in normally that sets the probability for not stocking out the 95 percent
So it would have the approx 1.64 standard deviation with respect to the safety stock
Therefore the option c is correct
What process capability index value implies that the process exceeds minimal capability?
> 1