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3 years ago

Which of the following best defines health insurance? (1 point)

Business

1 answer:

34kurt3 years ago

8 0

Answer:

A type of insurance whereby the insurer pays the medical costs of the insured

Explanation:

Health insurance is also known as medical insurance. It is insurance coverage that pays for the insured medical, surgical, and dental expenses. Insurance companies that underwrite health insurance cover (insurer) work with hospitals and health facilities known as providers to facilitate medical care of the insured when the need arises.

The insurer may either reimburse the insured the amounts spent in a health facility or may pay the provider the expenses incurred by the insured. Many employers offer health insurance to employees to attract and retain the best workers.

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Judith Thompson, the manager of the student center cafeteria, has added pizza to the menu. The pizza is ordered frozen from a lo

erica [24]

Answer:

9 pizzas

Explanation:

Given that:

A pizza is ordered frozen from a local pizza establishment and baked at the cafeteria.

Judith anticipates a weekly demand of 10 pizzas.

Opening weeks in a year = 45 weeks

Opening days in a week = 5 days

Daily demand = 10/5 = 2

Ordering cost = $15

Holding cost = $0.40 /pizza/year

Lead time = 4 days

Safety stock = 1 pizza

The objective is to determine the optimal reorder point.

The optimal reorder point = (daily demand × lead time) + safety stock

The optimal reorder point =( 2 × 4 ) + 1

The optimal reorder point = 8 + 1

The optimal reorder point = 9 pizzas

6 0

3 years ago

Goals and objectives should be set ________.Multiple Choiceat the beginning of marketing planningat the end of the situation ana

storchak [24]

Answer:

Option D. After completion of market research, situation analysis, and competitor analysis

Explanation:

The reason is that the company always sets objectives and goals when it analyzes the business environment, the way competitor would react, product demand, etc and all these things come from market research, situation analysis, competitor analysis, position analysis, capability analysis, etc. This gives a clear picture where the organization must head towards. So after completion of these analysis and research, company is able to set goals.

Always remember that the company sets its goals before marketing planning (Option A) and after situation analysis (Option B) because it helps define what number of sales we need which formulates the marketing planning.

Option C is incorrect because strategies are set after the objectives and goals are set because the strategies are always alligned with the objectives and goals.

Option E is incorrect because Goals and Objectives are set always after the SWOT and PESTLE analysis not during these studies.

Here the only only option with broader meaning is option D which also includes the Option A and Option B.

3 0

3 years ago

A company uses the declining-balance method of calculating depreciation expense.On January 1, the company buys machinery for $75

elixir [45]

Answer:

Book value for the 3rd year = $ 750,000 - $366,000 = $ 384,000

Explanation:

Straight line rate= 100 % ÷ Useful Life = 100 ÷ 10= 10 %

Double Declining rate = 2 * Straight Line rate= 2 * 10= 20 %

Depreciation expense= Double declining balance rate * Beginning period book value

Depreciation expense for the first year = 20 % $ 750,000= $ 150,000

Book value for the first year = $ 750,000 - $ 150,000= $ 600,000

Depreciation expense for the 2nd year = 20 % $ 600,000= $ 120,000

Book value for the 2nd year = $ 750,000 - $ 270,000= $ 480,000

Depreciation expense for the 3rd year = 20 % $ 480,000= $ 96,000

Book value for the 3rd year = $ 750,000 - $366,000 = $ 384,000

5 0

3 years ago

Consider the following Specific Factors model. Suppose two countries, Home and Foreign, produce two goods, timber and television

jok3333 [9.3K]

Answer:

a. True

b. True

c. True

d. False

e. True

f. False

g. False

Explanation:

There are two countries which are about to enter into the free trade. Under the free trade circumstances the Home country will produce timber but it does not completely specializes in producing the timber. The labor is mobile factor which can move in the free trade therefore they will move towards their employability in the TV industry.

7 0

3 years ago

Jack Thomas, who live in Minnesota, and Sandy Silver, who live in Oklahoma, each purchased $92,000 worth of securities at the lo

Alenkasestr [34]

Answer:

Follows are the responses to the given points:

Explanation:

In point a:

Yeah, throughout the state court they will ever sue against fraud. As base with the that State is appropriate so because the main place of work is specific budget inventory representatives Inc.

In point b:

Thomas couldn't sue for cheating at the federal court successfully, because equality in nationality would be the only conceivable way. Because as a federal problem also isn't involved, Thomas and both are comprehensive residents of Michigan weren’t diverse for this situation. The business is a resident of all its corporate headquarters and the State of formation.

In point c:

Throughout this situation, silver can claim nationality plurality, as Oklahoma's comprehensive would not be a citizen. It simple company does company in such a state doesn't render that business a citizen. However, if silver has been damaged in terms of $75,000, this failure combined with citizenship diversity would allow it to sue extensively in a federal court. This event does not tell everyone how slowly he lost, however, the facts weren't enough to make a correct judgment.

3 0

3 years ago