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MakcuM [25]
3 years ago
12

What is the viability and relevancy of insurance products sold to businesses and individual

Business
1 answer:
Anna11 [10]3 years ago
8 0
The viability and relevance of insurance products usually cater the preference of the insurance buyer.
For example, some buyer want to make sure that they have a safe retirement so they tend to lean towards good individual retirement policy.
Some buyer want to make sure that his/her family is taken care of if something happens to them, so they tend to seek the product with highest life coverance, etc.
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The formal or informal societal rules that specify or prohibit certain behaviors in specific situations are called ______.
babymother [125]

Answer:

social norms

Explanation:

Social norms can be seen as mutual depictions of appropriate social behavior as well as internal opinions of specific group behavior. Norms can be seen as cultural ideas (including principles, traditions, and rituals) that serve a basic understanding of what others practice and believe that they ought to be doing.

Social norms are, if seen as a societal viewpoint, informal interpretations which regulate the actions of people in a society. In response to religious or community expectations, behavioral economics acknowledges smaller group structures (such as a team or perhaps a department) can also accept norms independently.

6 0
3 years ago
A _____ determines the best way to get an advertiser's message to the market.
zzz [600]
That would be a "media plan"
3 0
3 years ago
Bond market values are expressed as a percentage of their par (face) value. For example, a company's bonds might be trading at 1
Westkost [7]

The current market price of the bond is 103% of their par value

What percentage is the bond price compared to its par value?

The market bond convention is to quote the price at which the bond can be bought or sold in the market as a percentage of its par value.

The simple approach is to add a percentage sign to any bond price you are given, which means that 97 price means the bond price is 97% of par value.

In the same vein, 103 price means the quoted price of the bond is 103% of the par value of the bond/

Find a futher guide on bond pricing below:

brainly.com/question/15574519

#SPJ1

8 0
2 years ago
Known popularly by its section in the Federal Bankruptcy Code, which of the following types of bankruptcy is the traditional for
Step2247 [10]

Answer:

Chapter 7 bankruptcy

Explanation:

Chapter 7 bankruptcy is the most common type of bankruptcy filing and it can be filed by individuals, partnerships or corporations (anyone can do it). It is also the quickest and simplest form of bankruptcy filing. But if you are an individual, in order to qualify for Chapter 7 bankruptcy you must earn less than the median state income. Many people choose Chapter 7 bankruptcy since they can get to keep all or almost all of their property.

6 0
4 years ago
hyundai positions itself as an affordable option in the automobile market by offering lower-cost, high quality automobiles with
Lunna [17]

By offering affordable yet high quality cars to its customers, Hyundai is engaging in the positioning approach of <u>a. </u><u>positioning </u><u>based on </u><u>value</u><u>.</u>

When a company uses the value positioning approach, they:

  • Offer high quality products and services
  • Try to capture the loyalty of their customers by offering a better product than others

Hyundai is offering cars that are of a high quality with extended warranties and on top of that, offer impeccable service as well. They are therefore offering their clients, high quality products and services.

We can therefore conclude that Hyundai is using the value based positioning approach.

<em>Find out more at brainly.com/question/14630427.</em>

Options for this question include:

a. positioning based on value

b. positioning based on symbolism

c. positioning against a specific competitor

d. positioning using perceptual mapping

6 0
2 years ago
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