Answer:
The answer to this question is Defamation
Explanation:
Defamation refers to any statement (Whether written or verbal) that is untrue and injurious to any of the parties involved in the insurance business.
A statement is said to be a Defamatory statement if it is false especially regarding the financial condition of the insurer.
Identifying defamatory statement
- Statements must be untrue
- it must be capable of causing damage of injury to person or business.
The Federal Reserve is responsible for monitoring the money supply and the general stability and safety of u. s. banking system.
The US Central Banking System - The Federal Reserve System or Federal Reserve Board (Fed) is the most powerful economic institution in the United States and possibly the world. Its core responsibilities include setting interest rates, managing the money supply, and regulating financial markets.
The Federal Reserve promotes the safety and soundness of individual financial institutions and oversees their impact on the financial system as a whole.
The FOMC controls the country's money supply. The voting members of the FOMC are the Board of Governors, the president of the Federal Reserve Bank of New York, and the presidents of the other four Reserve Banks, who function on a rotating basis. All Reserve Bank Governors participate in FOMC policy discussions.
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A. Which Firm will have Higher Profits in a Recession Period ?
During a recession period trade and industries are unsuccessful and there is allot of unemployment. During the period supply in the market and level of output in the company are likely to be low. Robotic automated process seems to be relatively cheap under high production output in a firm. Also the cost of maintenance of machinery is quite high which the firm can`t cater for during the period. In this period human workers are more recommended as the cost of production will be accounted for due to small numbers of employees where the cost of wages and salaries is quite low.
B. Which Firm will have a Higher Profit During a Boom?
During a boom the industry experiences a period of economic success as demand in the market is high. Automated robotics process are machines and carry out their work with allot of efficiency. Compared to human beings they are relatively faster and more efficient. This will will help the industry meet its high level of production target. They also reduce the cost of production as their maintenance cost is low under large scale production. Human workers seem expensive during this period because cost of wages and salaries is subject per-head.
The Firm with a Higher Beta.
The automated robotics firm will have a higher beta this is because the output will be high leading to increased supply and sale for better profitability. The robots will also function as an asset to the firm increasing the net worth to the company.
<span>80,000 people who traveled to the West in search of riches</span>
Answer: True
Explanation:
Productivity is the process of measuring an organization's ability to produce a good or service. While organizations that produce goods can point to the total finished number of products as evidence. It is difficult to improve the service sector's productivity, because of the following;
1. Service industries are labor-intensive
2. Measuring and monitoring service quality are difficult
3. Most service establishments are of small size
4. Using machine technology and labor-saving devices is difficult
