The economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.
<h3>What is internalization theory?</h3>
Internalization theory is an economic theory that tends to protect companies' sole rights to their products. The theory gives protection to local industries who aim at having larger market share.
This is because when other companies know the secret or having access to their product make up, such might reduce their market share of that product.
Hence, the economic theory the choice of management team at Pass the Ketchup Brands represent is known as internalization theory.
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An insurance company assigns more complex loss cases to a claims adjustor.
What is claims adjustor?
A claims adjuster looks into insurance claims to ascertain the scope of covering a business's obligation. Claims adjusters can deal with both liability claims involving third parties' property damage or personal injuries as well as property claims involving damage to structures.
The claimant is interviewed, any potential witnesses are questioned, records (including police or medical records) are checked, and any relevant property is inspected by the claims adjuster as they go through each case.
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You have to be eighteen or older.
The correct answer to this open question is the following.
I would choose the frictional unemployment, that is the result of a common turnover ratio in the work market. The reason why is because it gives employees a chance to aspire to new and better jobs. Sometimes when you stay in one place too long, you create a routine that limits new creations and squash new ideas. It is good to leave and try something new although it represents a risk and often there is a time lag to find the best job in the market. One that matches your aspirations, salary, and possibilities of growth in the company's hierarchy.