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inysia [295]
3 years ago
15

How is insurance a trade-off between risk and cost?

Business
1 answer:
Solnce55 [7]3 years ago
8 0

<u>Explanation:</u>

Risk is involved in all types of investment the higher risk yields higher returns while lower risk yields lower returns. The trade off which the investor faces in making investment decisions is the risk return trade off.

In insurance the cost of risk includes the expected losses which are uncertain.  The trade off which is provided by insurance can be direct and indirect losses, internal risk reduction and residual uncertainty.  Insurance reduces the expected losses and eliminate the risk of loss by providing cover the cost of which depends on the nature of the risk.

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Which of the following statements about the relationship between the financial market and the economy is true?
azamat

I believe the answer is b. However I'm not quite sure. I think b would be the most reasonable answer.

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3 years ago
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Former-ceo kalanick’s question of ""what kind of brand do we want to be?"" represents which stage of the strategic management pr
Orlov [11]

Answer:

Establish the mission and vision and values

Explanation:

When former CEO kalanick’s question of ""what kind of brand do we want to be?", it represents the Establishing the mission and vision and values stage of the strategic management process. Strategic management is the process which involves setting goals and objectives, the analyzing and evaluating the outside and internal environment by evaluating the existed strategies.

Following are the step of strategic management process:

1: Vision and objectives are set.

2: Gathering and analyzing of the information.

3: Strategy formulation in order to attain the set vision and objectives.

4: Implementation of the strategy.

5: Evaluation and Control.

Here in this case, what kind of brand we want to be, represents the setting of the vision, mission and objectives for the brand, putting it simply, setting the direction for the brand, where we want to be, how we want customers to see us.

8 0
3 years ago
Which of the following statements regarding the center of gravity method is false
grigory [225]

Answer:

Consider the following explanation

Explanation:

False statement are as follows,

A)  It is designed to minimize the maximum possible travel distance to any location

This statemet is false

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C) And D) Are also false

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Only Option B) Is correct

8 0
3 years ago
The SBA is a source of assistance that provides small businesses with the following
Colt1911 [192]

Answer:

  • government contracting
  • advocacy
  • entrepreneurial development
  • access to capital

Explanation:

SBA is a US government agency whose core mandate is to support the growth of small businesses. The Small Business Association(SBA),  promotes economic growth by providing useful resources and information to help them start and develop small businesses.

The  SBA supports the advancement of small businesses in the following ways.

  1. Education and training,
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7 0
3 years ago
Mark accidentally overheard a confidential phone conversation between his boss and the district manager during which they discus
EleoNora [17]

Answer:

-Say nothing to his co-workers since this was a private conversation and he could lose his job if his boss found out he was spreading sensitive company information

Explanation:

Since in the situation it is mentioned that Mark accidentally heard a confidential phone conversation in which the possibility of layoff in the sales division would be discussed he is not in danger but some of his friends are the sales representatives so mark would not tell anyone as it is a private conversation and he could lose the job if the boss knows that the information is spread by mark

Therefore the second option is correct

5 0
3 years ago
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