The reason for risk pooling which is beneficial for the insurance industry is best described as it brings together many individuals' premiums so that there is money to cover a selected few losses.
Option B is the correct answer.
<h3>Who is a policyholder?</h3>
The policyholder is an individual who takes an insurance policy from an insurance company. He pays insurance premiums against their respective policies.
The insurance contract is an agreement between the individuals and insurance company to indemnify them at the happening of the specified event and individuals also agreed to pay the insurance premiums on time. The risk pooling allows the insurance company to get insured many people against a small amount of money called an insurance premium.
Therefore, risk pooling is valuable for the insurance company in respect of the insurance policies.
Learn more about the insurance in the related link;
brainly.com/question/14969988
#SPJ1
Answer:
D) 18.2 times
Explanation:
The accounts receivable turnover is determined by dividing the total credit revenues by the average receivables.
The average receivables is the sum of the opening and closing receivable balances divided by 2.
The average receivables is ( $ 1,189 + $ 955) / 2 = $ 1,072
The total revenues in the absence of other information is considered as credit sales.
Average receivables turnover = $ 19,548 / $ 1,072 = 18.24 times
Answer:
The correct answer is <em>customer needs, interests, and tastes becoming increasingly homogenized.</em>
Explanation:
As the economic recovery is consolidated, many organizations are taking stock of the strategy followed in terms of centralization / decentralization and begin to consider that it can be a good time to bet on decentralized management in areas such as human resources and human resources management. talent.
Decentralized management can be interpreted as a loss of control by the HR management, because it implies a greater degree of autonomy of the various work centers, by now making the zone managers decisions without involving the entire chain of command, as usual.
Thanks to the creation of guided processes, the highest levels of customization and adaptability to the specific needs of each organization can be achieved, so that the degree of independence and the variation of the chain of command are perfectly defined, under control and defined according to The problem of each organization.
Budget resolutions is the answer
Answer: Cross-functional
Explanation:
A cross-functional team is a group of organization that works together to achieve a functional goal. Toyota, Ford, and Cisco are doing so in this narrative.
