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Natasha_Volkova [10]
3 years ago
8

Carmel was paying premiums for health insurance, but when he had surgery, he was surprised to learn he still owed thousands of d

ollars to the hospital and medical providers. Carmel is ______.
Business
1 answer:
Vladimir [108]3 years ago
7 0

Answer:

Underinsured

Explanation:

Carmel was underinsured and that was the reason for his huge debt despite paying premiums for health insurance.

Underinsurance means insufficient insurance coverage.

Underinsurance is situation in which the policyholder is

responsible for a larger percentage of expenses and may lead to financial difficulty.

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The new performance management system at the Long Island Jewish Medical Center (L.IJ.M.C.) was specifically designed to address
vredina [299]

Answer: B; Ratings of employee traits are not effective measures of performance.

Explanation:

The performance of an employee in their work environment should be measured on how they perform their job duties. A persons traits can be more or less linked to some performance but it will be dependent on the leader's situation. Everyone has different traits in any job and each should be measured differently not together.

Some types of performance based appraisal systems will attempt to force management rate the employees on their actions and not their traits. By doing this, it will improve the companies performance ratings.

5 0
4 years ago
Recently, a Domino's pizza franchise in southwest Ohio made the strategic decision to stay open for 24 hours a day. The manager,
melamori03 [73]

Answer:

Strength:

Further strengthening the brand name and will be able to capture the market share by staying open for 24 hours.

Increasing the efficiency of the franchise by selling additional products. (Sales to capital employed ratio)

Excellent location will add up value to the franchise which makes it more prior to the other pizza offering franchises.

Weakness

Staffing and inventory management would be required for the additional working hours and at night shifts the employees demand more for the services they offer.

Opportunity

There is additional demand for the products of the Domino's to sell the customers at night. Usually in the weekends, Americans go to bed late night.

Threats

We are promoting late night eating which is not good for health so this is threat to our brand image.

Their is the threat that the existing competitors must react to our offerings by lowering their cost or by increasing the quality of their offerings.

8 0
3 years ago
A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will
oksano4ka [1.4K]

Answer:

C) 4.2 years

Explanation:

The computation of the payback period is as follows;

As we know that

Payback Period = Initial cost ÷ Annual net cash flow

Here

Initial cost = $278000

Annual net cash flow = Incremental after tax + Depreciation per year

where,  

Depreciation per year = (Original cost - Salvage value) ÷ Estimated Life

= ($278,000 - $30,000) ÷ 8 years

= $31,000

Annual net cash flow is

= $35000 + $31000

= $66000

So,

Payback Period is

= $278000 ÷ $66000

= 4.2 Years

4 0
4 years ago
The correlation coefficient between a selection test and job performance is 0. This means the selection test_________ .
Lesechka [4]

Answer:

(b) and job performance are unrelated

Explanation:

Correlation coefficient = 1 perfectly related

Correlation coefficient = 0 perfectly unrelated

Correlation coefficient of zero means the selection test and the job performance are unrelated. Hence, the correct answer is B

6 0
3 years ago
Statement Single-price Monopoly Perfect Price Discrimination Total surplus is not maximized. There is no deadweight loss associa
Bond [772]

Answer:

  • Under Single Price Monopoly, absolute surplus is not maximized.
  • The profit-maximizing efficiency in Perfect Price Discrimination is correlated with no extra weight loss
  • Barefeet generates quantity less than the productive quantity of boots in single-price Monopoly.

Explanation:

A single-price monopoly is a corporation, who must sell every unit of its production to all its consumers for the same rate. so there is no way to maximize surplus.

A price-discriminating monopoly is a corporation able to sell various units of a product or service at various price points. Therefore, by adjusting their prices they have opportunities to increase their income.

6 0
3 years ago
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