Insurance is an important aspect of risk management in business. Insurance is related to successful financial management because when a business is insured, it can weather times of loss and unforeseen occurrences without losing its strength. Insurance is important because it helps businesses to mitigate loss.
Insurance is an aspect of risk management in business where a policyholder pays an agreed sum to the insurer, with the intent of lightening any unforeseen losses they may encounter in the future.
Insurance is important because businesses come with risks that could be sudden and unexpected.
The pool of funds generated by the insurance company from other insurers will be used to attenuate the loss that the business will face.
Conclusively, if businesses will thrive for a long time, insurance is very beneficial.
Answer: Data collected makes him to understand you better
Explanation:
Data collection is a great basis for gaining knowledge on any subject, from humans to things and object, for someone to understand how things work or have an estimation of how they will turn out it in the future, it's by data collection.
The collection of data by the doctor helps him to understand the body system of the patient very well, and he can be able to diagnose or profer a solution without carrying out much test, just because he has the detail regularly.
Answer:
The answer is <u><em>B.) Spam</em></u>
Explanation:
Spam e-mails are often sent in large amounts. Whether they are commercial or non-commercial, it isn't the right choice to send it to the consumer without their permission or knowledge. Most of the time spam e-mails are from a company that are trying to scam you and take your stuff.
The general consensus is that competition between producers lowers the prices for consumers as the producers compete for the business of the consumers and lower the price to stay competitive. Conversely, competition between consumers leads to increased prices set by producers as they can get a higher price out of consumers who are competing over a product.
