The answer is functional departmentalization. In practical departmentalization, an association is composed into divisions in light of the particular capacities each performs for the association. For instance, an assembling organization may make a generation office, deals, and showcasing division, a bookkeeping office, and a HR office.
A financial intermediary<span> is an institution which serves for financial transactions. The functions of a financial intermediary are the providing of line of credit, elimination of risks of investments and to denominate convenience to deposits and loans. The answer to this problem is B. </span>
Answer:
Please find the detailed answer as follows:
Explanation:
After reviewing Digby's current strategy, top five sources of competitive advantage for digby are as follows:
- Increase demand through TQM initiatives
.
- Offer attractive credit terms
.
- Seek excellent product designs, high awareness, and high accessibility
.
- Seek high plant utilization, even if it risks occasional small stockouts
.
- Reduce cost of goods through TQM initiative.
Related concepts to understand the problem.
Competitive advantage. A competitive advantage is an improvement over competitors gained by contribuiting consumers greater value.
Answer:
a. insurance premium
Explanation:
Insurance copay is the fixed amount that an insured person pays to cover the insurance policy. Moreover, it is linked to the health sector. Therefore, option B is incorrect.
Insurance coverage is the coverage for an insurance policy. It can be dictated as risk or liability. Therefore, option C is wrong.
Out-of-pocket expense is a direct expense, and it is not related to the insurance plan. Therefore, option D is false.
An insurance premium is an amount we have to pay for the insurance plan we accept to ensure for various purposes. Therefore, option A is the answer.