The percentage of fixed costs in a company's cost structure.
1. Potentially enables US to trade with UK on better terms (than previously allowed when UK was a member of the EU)
2. Expected that Brexit will enable UK government to award National Health Service contracts to US suppliers
3. Brexit weakens the EU and hence makes US/NAFTA relatively stronger
The correct answer is letter a. Activities related to selecting acceptable risks so that general insurer objectives are met. Underwriting is best described as "<span>Activities related to selecting acceptable risks so that general insurer objectives are met."</span>
Here are the choices
a. Activities related to selecting acceptable risks so that general insurer objectives are met.
b. Actuarial science
c. Production-related activities performed primarily by agents in the field
d. Process of developing pricing structures for insurance, often performed by an actuary
e. A function most often performed by adjusters
Answer:
Todo tipo de exportación, en general, forma parte del cúmulo de actividades por las cuales el gobierno obtiene un rédito económico a través del cobro de impuestos. Así, sea a través de la exportación del café como de otras materias primas o manufacturadas, el gobierno cobra un impuesto en concepto de retenciones a la exportación, que engrosa las arcas públicas.
A su vez, el gobierno redistribuye estos fondos, fomentando la producción económica, generando programas de asistencia social o financiando servicios públicos, entre otras. Todas estas actividades, en definitiva, contribuyen al progreso social, generando las condiciones necesarias para que los individuos puedan ser más productivos, generando así un mayor crecimiento económico para el país.
Answer:
C) are independent of volume and product mix.
Explanation:
This is true because marketing, sales, distribution and administrative expenses are generally mixed costs. That means that they are part variable and part fixed.
For example, most salespeople's salary consists of a small fixed amount and a percent per total sales made.
Distribution costs also vary because generally when you purchase a truck, the largest cost is the truck itself, and the driver also gets paid on a monthly basis, insurance, etc., but other costs like fuel and maintenance costs vary depending on how much the trucks are driven, so they depend on the volume distributed.
Administrative expenses are also mostly fixed, but they might include bonuses for good performance which depend on total sales, and other expenses that might increase when total sales increase.
Finally marketing expenses are generally determined as a percentage of the expected sales revenue generated by the products. There are several ways to determine marketing expenses, but they all are based on a fixed amount (e.g. cost of producing an advertisement) and variable factors like market share or sales growth. E.g. you will advertise more intensively in the areas where your product sells better.
