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Stels [109]
4 years ago
6

What is the difference between insurable and non-insurable risk

Business
1 answer:
vova2212 [387]4 years ago
8 0
<span>All risks cannot be transferred to the insurer. Mostly, pure risks can be transferred to the insurer</span>
You might be interested in
Mike's Roadside Market buys produce from area farmers, marks the merchandise at a price that includes some profit, and then sell
vivado [14]

Answer:

reseller

Explanation:

A resller is a person that purchases  finished goods and sells them again to  customers in order to earn a profit. Resellers do not make changes or modify the products they buy. Resellers can be wholesalers or retailers.

i hope my answer helps you

3 0
4 years ago
Why do you think the policy on sugar in the united states is so heavily slanted towards sugar producers at the expense of candy
8_murik_8 [283]
Because sugar is relatively cheap and always used in large quantity, the amount of consumers' demand wouldn't affect the supply of this product, which make sugar inelastic.
For this certain product, manufacturers could only reflect on social implication when determining the price of the product, and produce it with acceptable margin. 
The free trade make each countries able to take on resource that unavailable in that country and focus solely on the product that give the country competitive advantage
4 0
4 years ago
Sheffield Corp. is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $
matrenka [14]

Answer:

Sell before assembly, the company will be better off by $3 per unit

Explanation:

the aim of a firm is to maximise profit. The decision the firm would make would be based on the decision that yields the higher profit

Profit = revenue - cost

Profit that would be earned from selling the unassembled unit = $52 - $24 = $28

Profit that would be earned from selling the assembled unit = $64 - ($15 + $24) = 25

The profit from selling the unassembled product is greater than the profit from selling the assembled product by $3. The firm would prefer to sell the unassembled unit

3 0
3 years ago
The central element of what is purchased is called the "core," and anything bought on top of that is called what?
DedPeter [7]

Answer: value added product

Explanation:

Core services are basic things that customers want from products they purchase. Value-added services differentiate the organization from competitors . The value added products are defined as follows: A change in the physical state or form of the product (such as milling wheat into flour or making strawberries into jam). The production of a product in a manner that enhances its value, as demonstrated through a business plan (such as organically produced products).The value added products build relationships that bind customers to the firm in a positive way.

5 0
4 years ago
PLEASE HELP!!!! BRAINLIEST!!!
MrMuchimi

Answer:

Human resource managers play a key role in developing an organization's culture. They facilitate communication between a company's managers and employees, helping to resolve disputes or complaints and advise executives on relevant policies for workplace conduct.

Explanation:

The Human Resource Manager will lead and direct the routine functions of the Human Resources (HR) department including hiring and interviewing staff, administering pay, benefits, and leave, and enforcing company policies and practices.

btw this is my second account

5 0
2 years ago
Read 2 more answers
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