Answer:
D) It is generally more expensive to obtain than primary data.
Explanation:
A) It may not exist.
Problem. Primary data may not yet be available due to its sensitivity of the primary data.
B) It may not be relevant
Problem. Published data may not be applicable to your region. For example published data for Asia might not be applicable to Africa.
C) It may not be impartial.
Problem. Primary data used to create the secondary data might not treated all rivals equally.
D) It is generally more expensive to obtain than primary data.
Not a problem. Secondary data is not expensive as compared to primary data.
E) It may not be current.
Problem. Primary data collected might be out of date thus can not be used recent decisions as many things would have changed.
Answer:
Statement A
Explanation:
The 2 statements are:
A: The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements
B: The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements
The explanation for this is:
- The company is an insurance company
- An insurance company holds funds for their customers; to be released when the customer is less privileged or in a bad situation, depending on the type of insurance made
- There is car insurance, house insurance, life assurance, etcetera.
- So if the insurance company receives proof of loss statements from the customer, it will release funds to solve the customer's dire need
- In this case, it takes 120 days to verify, process and then agree (affirm) to release funds (claims) to the affected customer.
So the answer is Statement A.
Capitalism because it was on the day they did it
The impact of war in international trade includes:
- restriction of goods to the countries
- conflict leading to non-agreement on trade
- low or no trade relationship between countries.
<h3>What is an international trade?</h3>
This refers to the economic transactions that are made or took place between countries.
Hence, any military conflict impact on international trade by causing a restriction of goods to the countries, conflict leading to non-agreement on trade, low or no trade relationship between countries etc.
Read more about international trade
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Adam was unable to finish high school because he needed to go to work to help his family financially. This forms a Non-formative type of influence
This is further explained below.
<h3>What is a Non-formative type of influence?</h3>
Generally, The term "nonnormative effects" refers to those that do not affect each member of a set in the same manner. Nonnormative suggests it does not affect everyone in the same way in the culture, while normative suggests it does (or not at all).
In conclusion, Adam dropped out of school before he could graduate from high school because he had to start earning money to support his family. This is an example of a non-formative impact.
Read more about the Non-formative type of influence
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