Answer:
C. Underwriting experience.
Explanation:
Underwriters are known as evaluators in cases especially like that of mortgage etc, accessing the amount of risk that will involved in taking certain amount of loans. Therefore generally speaking, underwriting is simply explained as method through which an institution takes on financial risk for a fee. Risk of these such are mostly explained to be typically having dealings with loans, insurance, or investments. Certain contingencies are seen to helps to maintain certain borrowing policies for loans, establishes appropriate premiums to adequately cover the true cost of insuring policyholders, and creates a market for securities by accurately pricing investment risk.
An inferior good is a type of welfare whose demand decreases when consumer income increases or demand increases when consumer income decreases. Therefore, if a consumer considers shirts to be inferior goods, the way he will stop consuming it will be when there is a real increase in his income.
In the case narrated, Alex had an increase in salary and remained working for the same number of hours. This means that with the same job, he will have a higher income, meaning there was a real increase in Alex's income. If he considers the $ 3 shirts a much lower asset, he will lessen the demand for it.
Saturn inc. is in the<u> "strategy formulation"</u> phase.
Strategy formulation is the procedure by which an association picks the most suitable courses of action to accomplish its characterized objectives. This procedure is basic to an association's prosperity, since it gives a system to the activities that will prompt the foreseen results. Key designs ought to be conveyed to all representatives with the goal that they know about the association's destinations, mission, and reason. Strategy formulation powers an association to deliberately take a gander at the changing condition and to be set up for the conceivable changes that may happen.
Answer:
Wages would fall due to an increase in labor costs.
When the workers compensation laws were not there, the employers only had to worry about one labor cost, that of paying their employees. With the introduction of worker's compensation, they then had to get insurance for their employees as well.
This led to an increase in the costs of labor which meant an increase in production costs and a decrease in profitability. To compensate for this, the employers cut wages in order to be able to pay for both the insurance and wages and still pay the same general amounts they were paying as wages such that their production costs don't rise significantly.
Answer: cash flow
Explanation:
Cash flow refers to the net amount of cash and cash equivalents which is being transferred into and out of a business.
The cash flow is an important financial statement of any business. It's vital for all businesses to keep a watch on their cash flows. This is vital in knowing if the business is making a profit or loss.
