Answer:
$ 8299.632
Explanation:
Given data in the problem:
The value of the home = $ 136,000
The insured amount of the house = $ 105,000
80% coinsurance provision = 0.8 × $ 136,000 = $ 108,800
Claimed amount = $ 8,600
Therefore, the claimable amount =
= $8299.632
hence, the amount the insurance company will pay = $ 8299.632
Even if certain conditions are met, an apartment manager cannot exclude the fair market value of free rent from his or her income. Everything that a person owns and has a value, has depreciation. Therefore, these assets should still be declared by the owner. <span />
Answer:
Market development
Explanation:
Market development can be described as a marketing strategy in which new market segments are identified and developed for current products of a company.
The focus of a market development strategy are the existing customers and new customers in the targeted segments that are not currently buying the products of the company.
Market development is therefore a marketing strategy that is employed when a company wants to expand its total market by making effort to promote its current product to new consumers or a new geographical area.
From the question, the statement that "To continue to grow, we need to target more segments" by Simone indicates that the strategic path Simone is pursuing is <u>market development</u>.