The Internet standards allow for greater commerce because it helps guide the information and commerce paths as they grow and as we move more and more toward digital operations. If we didn’t have the IEEE or their standards we would have utter chaos when it comes to technology and the level of digital communication and use that we have today on such a coordinated scale simply wouldn’t be possible. It would be like trying to pour water down a platform into a cup a distance away (symbol of worldwide digital coordination). The water can go anywhere it wants to within these guidelines and in the end we end up with water in the glass (i.e. worldwide digital coordination). This allows for an exponential growth in technology worldwide.
Answer:
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter.
Explanation: Refer to top
Answer:
Risk can be thought of as the possibility of incurring a loss.
Explanation:
Loss.
Answer:
C. $1000
Explanation:
Given that;
20% of customers leave company every year
Jessica decide to acquire customers whose CLV equals or exceeds $5000
If Karly is expected to bring $2000 annual margin
assuming that the company's discount rate is 20% /year =0.2/ year
The objective is to determine the amount the company will spend to acquire her (i,e Karly) as a new customer.
The amount the company will spend to acquire her as a new customer is :
= amount of CLV × discount rate
= $5000 × 0.2
= $1000
Thus, the company should not spend more than <u> $1000 </u> to acquire her as a new customer
Answer:
Role of 'Beneficiary'
Explanation:
A beneficiary is a person, who is entitled to receive funds from distribution of will, trust, life insurance. The person(s)' name could be directly mentioned, or he / she could satisfy the eligibility set up as per the benefactor (the person determining).
Bob's life is insured by Insuracare (a large insurance company). When Bob dies, the death benefit will be paid to his son Jack. As mentioned, Jack will get the death benefit. So, he is the one receiving monetary funds. Hence, he is the Beneficiary
