Answer:
product specification
Explanation:
A design specifications refers to the document with a set of demands providing development groups with the details they need to create innovative features or functionalities.
A quality product spec may not mini-manage the production of the goods. Instead, it provides them with appropriate context regarding customers, future needs as well as other factors to enable them to make informed choices as they designing and building a response.
Answer:
guaranteed insurability rider
Explanation:
First of all, a rider is an insurance policy provision that allows customers to purchase insurance options that increase their coverage. Sometimes riders are given for free as a promotional free benefit.
A guaranteed insurability (GI) rider grants a current policy holder the option to purchase additional life insurance with no underwriting.
Answer:
A trade area is a geographical area or international region in which a commercial enterprise transacts business. Also known as market area, it is a company's 'commercial territory'. A business' trade area represents a location where all or most of its sales volume occurs.
Explanation:
Answer:
$3,500
Explanation:
This is because every Health and Disability Income Policy express the conditions and provisions for continuation of the contract on the new income level.
Answer: false
Explanation:
A firm is making profit when total revenue is greater than total cost.
A firm is making a loss when total revenue is less than total cost.
Profit or loss can either be accounting or economic.
Accounting profit or loss = Total revenue - Explicit cost
Economic profit or loss = Accounting profit or loss - implicit cost.