When you take out an insurance policy your monthly premium is the amount you pay each month to keep your insurance. In this case, the $200 a month premium allows you to file a claim if something were to happen because you are paying for the insurance services. When you set up your premiums they will base your monthly service rates off of your deductible amount if you need to file a claim. The out-of-pocket for a car accident with a deductible of $700 is $700. Once the deductible is paid, the insurance will pay out for the damage.
Answer:
Labor union
Explanation:
The labor union is the individual group that works together to accomplish the company goals or the shared job goals in terms of high pay, less working hours, high benefits, better working conditions
So the given situation represent the labor union
Hence, the same is to be considered and relevent too
Answer: both internal and external inventories
Explanation: In simple words, supply chain inventories refers to the raw material, finished goods and work in process inventories like factors that together constitutes a supply chain.
Management of supply chain refers tot he process in which the organisation tries to control and maintain the flow of inventories from on stage to the other with the ultimate objective of keeping the supply of finished goods smooth throughout the period.
It starts from procuring the suitable raw materials in right quantity and right time after that it monitors the manufacturing unit so that production is done in appropriate time period and finally makes sure that finished goods will be supplied to the market as per the time period specified by the wholesalers or retailers.
In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.
- For demand to be stimulated, the customers needs are expected to be understood by the brands, and this is at the center of marketing communications.
We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.
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The true statements here are:
A. and B.
Explanation:
In a policy that is for medical or in general converge of insurance it is usual business practice to get the percentage of coverage be the total amount of a medical expense that your insurance will pay before your deductible is met.
This means that the amount that is agreeable to pay by the insurance company is paid first and then the amount you put in is used.
With 80/20 plan of insurance, your insurance is deemed to be paying 80% and you pay 20%.
This plan relies on the fact that there is usually no need for the use of that much money from the side of the firm.