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lara31 [8.8K]
2 years ago
10

The first step in the target market selection process is

Business
1 answer:
Rus_ich [418]2 years ago
8 0
Identifying a target strategy
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d needs life insurance that provides coverage for only a limited amount of time while also paying the lowest possible premium. w
Phoenix [80]

The kind of policy is needed Level term.

With limited payment life insurance, the policyholder refrains from extending the policy to ultimately pay the premium. Instead, you pay the full cost of the policy over time. Term life insurance, also known as pure life insurance, is a type of death benefit that is paid to the policyholder's heirs over a specified period of time.

Life provides whole-life protection at a premium for 30 years. The advantage of this policy is that premiums can be carried forward for 30 years, making life insurance cheaper compared to other limited payment options. Single premium life insurance allows policyholders to make a lump sum payment instead of monthly, quarterly, or yearly payments.

Learn more about Life insurance here:-brainly.com/question/25954612

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6 0
1 year ago
The expected rates of return on portfolios A and B are 11% and 14%, respectively. The beta of A is 0.8 and the beta of B is 1.5.
Zigmanuir [339]

Answer:

Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

Explanation:

Expected return= free return + Beta (Expected rate of return – risk free rate)

Portfolio A

6%+ +.8*6%

= 6%+4.8%= 10.8%

Portfolio B

6%+1.5(6%)

6%+9%= 15%

It depends on different factors. Portfolio B has a higher return but more volatile stocks. However it depends on how the individual can tolerate risks.

4 0
3 years ago
Discuss the optimal method for procuring inputs that have well-defined and measurable quality specifications and require highly
lubasha [3.4K]

Answer:

By formation of legally binding contract.

Explanation:

Contacts are a good way for procuring inputs that have well-defined and measurable quality specifications and require highly specialized investments. Because of the high quality expected in the goods procured, having a legally enforceable contact will make the vendor provide high quality products that meets required specifications.

However when contracts dictate a particular price, so if the market price of input were to go down we will still be obligated to buy at the higher price from the vendor.

4 0
3 years ago
During June, Lionel Magazine sold for cash an advertising space for $1200 total to be run in the July through December issues. O
daser333 [38]

Answer:

Lionel Magazine

The Adjusting Journal Entry to record on July 31 for the first month of the advertising space sold includes a:

Debit to the Unearned Revenue account with $200

and

Credit to Earned Advertising Revenue account with $200

This will reduce the Unearned Revenue account by $200 being the amount for July (one month) and at the same time, increase the Earned Advertising Revenue account by $200.

Explanation:

a) Data and Analysis:

Unearned Revenue $200 Earned Revenue $200 ($1,200/6)

3 0
2 years ago
Read 2 more answers
__________ refers to messages sent through human actions and behavior rather than through words.
Valentin [98]

Answer:

Nonverbal Communication

5 0
3 years ago
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