All categories

2 years ago

The concept of market conduct includes such things as ____.

Business

1 answer:

lbvjy [14]2 years ago

3 0

The concept of market conduct includes such things like profit , loss and assest growth targets.

Explanation:

Market conduct is used in insurance industry to describe the problems that are related to the sale and distribution of insurance. It deals with the pricing and promotion strategies based on the players in the market related to their aim , objective and desicion making process.

Based on this concept all consumers are seen as potential customers with similar needs. They have proper regulations to check the customers are charged fair and reasonable insurance prices.

They will also ensure whether the consumers have access to beneficial and compliant insurance products.

You might be interested in

Some of the following future cash flows have been expressed in then-current (future) dollars and others in CV dollars. Use an in

Cloud [144]

Answer:

$62,267.91

Explanation:

first we must calculate the interest rate = 10% + 6% + (10% x 6%) = 16.6%

now we can use the present value formula:

present value = future value / (1 + rate)ⁿ

present values for:

cash flow year 0 = $17,100
cash flow year 3 = $46,500/1.166³ = $29,333.06
cash flow year 4 = $12,300/1.166⁴ = $6,654.43
cash flow year 7 = $26,900/1.166⁷ = $9,180.42

total present value = $62,267.91

6 0

3 years ago

Read 2 more answers

Advances in technology have reduced the cost of manufacturing MP3 players if demand does not change

Andrews [41]

Because MP3 players cost less to make, if demand does not change, there will be more profit. This is because there would be the same amount demand and less money being made into making the product, meaning less expense, which means a bigger profit.

5 0

3 years ago

Crossfade Corp. has a bond with a par value of $2,000 that sells for $1,902.14. The bond has a coupon rate of 6.48 percent and m

Virty [35]

Answer:

yield to maturity = 7.06%

Explanation:

yield to maturity (YTM) is calculated using the following formula:

YTM = {C + [(FV - PV) / n]} / [(FV + PV) / 2]

FV = $2,000
PV = $1,902.14
C = $2,000 x 6.48% x 1/2 = $64.80
n = 12 x 2 = 24

YTM = {64.80 + [(2,000 - 1,902.14) / 24]} / [(2,000 + 1,902.14) / 2] = (64.80 + 4.0775) / 1,951.07 = 0.0353 or 3.53% semianually or 7.06% annually

Since the bond sells at a discount, its yield to maturity will be higher than the coupon rate.

8 0

3 years ago

The Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 3,840 liters in begi

trapecia [35]

Answer:

Total equivalent units of materials = 64,652

Explanation:

Equivalent units are useful to apportion cost between work in progress and completed units. They are notional whole units which represent incomplete work

Equivalent Units = Degree of work completed (%) × inventory units

Fully worked = 64,880- 3,840= 61,040

Items units workings Equivalent units

Opening inventory 3,840 3840× 70% = 2,688

Fully worked 61,040 61,040× 100 = 61,040

Closing WIP 5,160 5,160× 70% = 3,612

Total equivalent units of materials 64,652

Total equivalent units of materials =64,652

4 0

3 years ago

5 reasons why hollandaise sauce might separate

Gnesinka [82]

Here is the answer: Too much oil added for amount of continuous phase (liquid)• Over-mixed• Product became too hot• Not enough stabilizer in recipe

8 0

3 years ago