Answer: $15,000
Explanation: The 80% coinsurance clause on the property means that the insurance policy holder is agreeing to contribute up to 80% of the property's worth. Hence in the event of a loss to the building worth $20,000; the insures policyholder would receive :
(Actual contribution/expected contribution) x value of loss to the property
Where : Expected contribution = 80% of property's worth
ie (80/100) x $400,000 = $320,000
then the insured is to receive: ($240,000/$320,000) x $20,000 = $15,000
Increased customization in products and services generally requires <u>more </u>resources and effort.
Customization requires a corporation to shift its marketing version from vendor-orientated to buyer-orientated. The goal is to assist clients higher becoming aware of what they want. Customization allows organizations to have the capacity to evolve personalization and one-to-one advertising projects for the digital advertising environment.
Mass customization in advertising refers to the motion of altering products or services to create custom studies for customers. Many industries use this approach, from retail corporations to software designers or monetary companies to modular home construction.
We have recognized four strategies for customization, which we name collaborative, adaptive, cosmetic, and transparent. While designing or remodeling a product, system, or business unit, managers must examine each of the procedures for possible insights into how nice to serve their customers.
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By simplifying work and increasing output per worker is this approach to job design most likely to help Clean N Green
Explanation:
Job design is the organisation of work into the tasks necessary to perform a certain task. Job design includes conscious efforts to organise tasks, assignments and duties into some kind of unit of work to reach certain goals.
It is achieved by facilitating specialisation across simplified work, which in turn increases efficiency.
Due to the fact that job simplification makes employment routine, monotonous and boring, workers are eventually disliking the job, thereby increasing absenteeism and turnover.
Answer:
C
Explanation:
Frictional unemployment: the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Meredith is searching for a job. Thus she is frictionally unemployed.
structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.
There seems to be a reduction in the demand for steel workers. Thus, Julie is structurally unemployed
Every organization has policies on equality and diversity. The organizational policies on equality and diversity impact the day to day activity in the workplace. An organization having a diverse workforce will be able to offer a variety of work skills, potential, ideas and energy. A well diverse workforce will make the organization a better place to work. Equality refers to equal opportunity in an organization irrespective of caste, creed, color, gender, etc.
Workplace policies in respect to equality and diversity allows smooth running of an organization and avoids any bias decisions based on any religion, gender, demography, etc.
When every employee has equal rights and equal chance to achieve their potential then the organization also grows well and success rate improves.
