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3 years ago

Insurance is a financial service that allows

Business

1 answer:

koban [17]3 years ago

8 0

Answer:

allows a consumer to transfer risk to a company.

Explanation:

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An economy that is based on mining or producing raw materials to be used in foreign industries is called

pogonyaev

Answer:

An extractive economy

Explanation:

An Extractive economy can be defined as a resource based economy that is based on mining or producing raw materials to be used in foreign industries. This natural resources can be exported for sale in other foreign countries which help to boost economy, growth and development.

8 0

3 years ago

Read 2 more answers

Situation 1: There is a Head of Human Resource (HR) in a recognized Multinational National Company (MNC). You are a marketing ex

Phantasy [73]

Answer:

As a marketing executive of the company looking to beg an emergency leave from a HR person who is considered to be rudy, unfamiliar with me, 45+ age and also that the company is experiencing a lot of turnovers, the best way to approach the HR would be to:

1. Write an official letter to him making the intentions clear.

2. Politely ask him to consider your request even though you two are not very familiar with each other.

3. Stress the importance of the emergency and why you have to leave.

4 0

3 years ago

Olivia is ordering trendy necklaces and earrings made with semi-precious stones from a supplier in Belize, for her city boutique

PtichkaEL [24]

Answer:

b. False

Explanation:

Remember, the term social responsibility in this context refers to an individual doing what would benefit society first, over any gain he may derive if he does otherwise.

For example, we are told that there is "low paying wages in Belize," which means low worker welfare, thus, even if no labor laws were been broken in his country, Olivia has a social responsibility to pay fair prices for the necklaces and earrings.

5 0

3 years ago

Mel is thinking of going on a cruise. Mel values a cruise in nice weather at $2,000 and values a cruise in bad weather at $50. T

Vinvika [58]

Answer:

Mel

If Mel is risk-neutral, then in the absence of trip insurance, the most she will be willing to pay for the cruise is _______.

c. $1,220

Explanation:

a) Data and Calculations:

Mel's value of a cruise in nice weather = $2,000

Mel's value of a cruise in bad weather = $50

Probability of nice weather = 60%

Probability of bad weather = 40%

Expected value:

Weather Outcome Probability Expected Value

Nice weather $2,000 60% $1,200

Bad weather $50 40% $20

Total expected value of a cruise $1,220

6 0

3 years ago

Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $134,000 on sales of $2,310,000. Division B is able

Genrish500 [490]

Answer:

a. Division A = 5.80 %, Division B = 8.95 %

b. Division B is superior. Because, it generates a greater profit margin per each sale made.

Explanation:

a. Compute the profit margins

Profit margin = Profit / Sales × 100

Division A = $134,000 / $2,310,000 × 100

= 5.80 % (2 decimal places.)

Division B = $33,400 / $373,000 × 100

= 8.95 % (2 decimal places.)

b. Based on the profit margins

Division B is superior as it generates a greater profit margin per each sale made.

8 0

2 years ago