Answer:
The correct answer based on the options given is A)
Explanation:
Actuarial Science is a branch of mathematics predominantly used by the Insurance Industry to create a formula or mathematical model that enables them to charge a profit-oriented rate for a particular risk.
If insurance companies charge arbitrarily, they may overcharge thus leading to a collapse of the system. If they undercharge, the system of pooling risks becomes unsustainable as claim paying capabilities are reduced.
Hence the need to use a mathematical model to ensure that rates give room for the ability of the system to meets it's obligations when they arise and for the companies to make a profit.
The use of models is the reason why sometimes there are hard markets in insurance and at other times there are soft markets.
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Answer: The correct answer is "TRUE".
Explanation: Real consequences—rewards and punishments that arise from using a tactic or not using it—should not only motivate a negotiator's present behavior, but also affect the negotiator's predisposition to use similar strategies in similar circumstances in the future. <u>is TRUE </u>because the consequences that emerge from each tactic not only influence the behavior of the negotiator in the present, but also in the future, these should serve as background to not make bad decisions again and to easily identify those that will bring rewards.
Operations management is the set of activities that creates value in the form of goods and services by transforming inputs into outputs. - True.
Operations management (OM) is the administration of enterprise practices to create the very best level of efficiency viable inside an business enterprise. it's far concerned with converting materials and exertions into items and offerings as effectively as viable to maximize the income of an business enterprise.
What are the three kinds of operations management?
Operations management consists of three ranges: strategic, tactical, and operational
What are the key factors of Operations management?
The important thing elements of Operations management are; Product choice and layout: The proper sort of products and accurate designs of the goods are crucial for the achievement of an agency. A wrong choice of the product and/or negative design of the products can render the employer's operation useless and non-competitive.
What do you examine in operations management?
Blanketed in operations management is the whole thing involved in turning raw materials into deliverable service or product. this may include designing manufacturing structures, employee schooling, centers planning, deliver chain control, stock control, product layout, best control and much more.
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Belinda is in charge of both accounting and investments and all of the employees involved with these functions at her firm. Belinda is "Financial Manager".
<h3>Who is financial manager?</h3>
Financial manager examine financial information compiled by accountants, keep track of the company's financial situation, and create and carry out financial strategies.
The roles of financial manager are-
- creating reliable financial information and reports
- cash flow statements being created
- estimating a profit
- controlling credit
- giving guidance on financial decision-making
- investing guidance
- generating financial projections
- Budgeting
Therefore, one of the most crucial duties of business owners and managers is financial management.
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75.485782%
Explanation:
2954-724.15=2229.85 so i asked the internet what percent is 2229.85 of 2954 and responded with 75.485782% take home pay
