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ratelena [41]
3 years ago
11

-.a) State the main function of a business.

Business
1 answer:
EastWind [94]3 years ago
3 0

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

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For questions 1-10, fill in the blank with the letter of the term that best matches the description.
LuckyWell [14K]

Following are the correct terms for the descriptions provided.

1. Coverage

2. Risk Management

3. Insurer

4. Premium

5. Liability

6. Policy

7. Actuary

8. Claim

9. Deductible

10. Insurance

<h3>Explanation</h3>

The correct answers for the explanation given in the question is described above.

An Insurance Company is called an Insurer, its products are called policy, they provide coverage for loss, this is a type of risk management, a person calculating all the figures is known as an Actuary, monthly or annually premiums are payable and claim can be made once the insured condition is met.

<h3 />

Therefore the answers are following

1. Coverage

2. Risk Management

3. Insurer

4. Premium

5. Liability

6. Policy

7. Actuary

8. Claim

9. Deductible

10. Insurance

Learn more about Business at brainly.com/question/26538066

3 0
2 years ago
Imagine that you are given $3,000 to plan a vacation for your family. Research destinations and choose one. Research the destina
torisob [31]

A blueprint for creating a vacation plan is;

  • Total budget= $3,000
  • Transportation= $700
  • Lodging for 6 days= $1,200

<h3>What is a Vacation?</h3>

This refers to the time taken out for relaxation and away from work and stress to a luxury destination.

Hence, we can see that the complete plan is given below:

  • Feeding= $600
  • Tour guide= $100
  • Miscellaneous= $400.

Read more about vacation plans here:
brainly.com/question/860450

4 0
2 years ago
Which of the following statements about the relationship between the financial market and the economy is true?
azamat

I believe the answer is b. However I'm not quite sure. I think b would be the most reasonable answer.

7 0
3 years ago
Read 2 more answers
Purchasing power is a producer's ability to buy goods and services. answer true false
Black_prince [1.1K]
Having money with which to buy goods and services is called purchasing power
6 0
3 years ago
In corporations, it is easy to transfer ownership by selling stock.<br> Select one: true or false
Serhud [2]

Answer:

the question is false

Explanation:

you can't sell stock for ownership

8 0
2 years ago
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