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Yanka [14]
3 years ago
10

When people have insurance against a certain event, the notion that those people are less likely to guard against that event occ

urring is called a _____________________ .
Business
1 answer:
sp2606 [1]3 years ago
4 0

Answer: When people have insurance against a certain event, the notion that those people are less likely to guard against that event occurring is called a <u>moral hazard.</u>

Explanation: Moral hazard happens frequently in cases of insurance. If a person has a house, they can decide to install a vault because it reduces the risk of being robbed;

However, when the same person has arranged an insurance that covers the risk of theft of the house, they will have fewer incentives than in the previous situation, to install the security door and ultimately it will be able to increase the probability of the loss in this Theft case. This behavior, for example, before insurance coverage is called moral hazard.

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The new international division of labor reflects the growing importance of
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Answer:

A) Outsourcing

Explanation:

Outsourcing is sourcing labor and talent internationally rather than domestically.

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3 years ago
Global market has decided to increase its market share by hiring a marketing rep to visit businesses in the area and invite thei
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In the condition given above where the global market intends to increase its market share by hiring representative for such purpose, the global market is said to be using communication strategy.

<h3>What is communication strategy?</h3>

A strategy, which is used by an organization for the purpose of interaction with the target audience of such organization, it is known as a communication strategy.

Hence, the significance of communication strategy is aforementioned.

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3 0
1 year ago
A company issued 6,000 shares of stock at $10 each, with a par value of $2.
tensa zangetsu [6.8K]
The answer is c $30,000
5 0
3 years ago
When Ronald complained to his bank about the unprofessional behavior of one teller, the branch manager added a code into his acc
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Answer:

The correct answer is C. loyalty.

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The segmentation on basis of customer loyalty is done on following grounds

•     The most valuable market, channel, product and customer segments

•     Key decision makers and influencers

•     Critical needs and wants for each segment

•     Future needs

•     Measures of customer satisfaction and loyalty

•     Brand and competitive equity benchmarking

•     Value proposition alternatives for each segment

•     A trade-off analysis for features vs. price

8 0
3 years ago
How can parties that have unequal bargaining power negotiate meaningfully,
kompoz [17]

Answer:

Through Collaborative bargaining

Explanation:

Parties that have an unequal bargaining power can negotiate meaningfully, without one party taking advantage of the other through the method known as <u>collaborative bargaining</u>. In collaborative bargaining, both the involved parties listen to each other’s claims and issues and then collaborate to come to a consensus. There is transparency in the overall bargaining process and hence there is very less probability that one party is taking advantage of the other party.

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