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Alexxandr [17]
2 years ago
10

10 roles of insurance in a business

Business
1 answer:
Sedbober [7]2 years ago
8 0

Considering the benefits and importance of insurance, the ten roles of insurance in a business include "<u>security and safety</u>."

<h3>The other roles of insurance in a business are:</h3>
  1. Mitigation of risk
  2. Provision of insurance service by the insurance company
  3. Protection from unexpected losses
  4. Ease of getting loans
  5. Provision of social cooperation
  6. It enhances saving habits
  7. It aids some contracts that require it.
  8. There are tax benefits.
  9. Promotion of trades and industry, etc.

Hence, in this case, it is concluded that insurance plays various roles in business.

Learn more about Insurance here: brainly.com/question/4953989

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The expansion of global markets is a major factor in developing global information systems to handle _____ demands of integrated
Ad libitum [116K]

Answer:

the fill in the blank answer is: the customer's

Explanation:

6 0
3 years ago
Responses such as perspective taking, creating solutions, expressing emotions, and reaching out are considered ______ responses
Anestetic [448]

These are named Active and Constructive responses to conflict.

These responses are called active as from the question portion it's clear talking related to the perspective, creating its solutions related to the issues expressing the emotions and at the end to reaching out the point of solution are denoted as the Active.

It's constrictive because the variation step by step makes you understand the positioning and clear the mindset which illustrates the position and makes it constructive.

On the other side, reflective thinking, delaying responding, and adopting are known as passive and constructive responses.

For more questions like this Active and Constructive responses visit the link below:

brainly.com/question/26009383

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4 0
1 year ago
Your bank card has an APR of 21% and there is a 3% fee for cash advances. The bank starts charging interest on cash advances imm
avanturin [10]

Answer:

Total finance charge=$23.75

Explanation:

<em>The amount charged for the use of the fund by a bank is called interest rate. Here it is quoted as 21% per annum but we will need to determine the approximate monthly rate by dividing by 12</em>.

The total finance charge will be equal = Interest rate + advance fee

Monthly interest rate = 21/12 =1.75%

Interest payment = 1.75%× $500=$8.75

Advance fee = 3%× $500= $15

Total finance charge = $8.75 +  $15= $23.75

Total finance charge=$23.75

6 0
3 years ago
Manufacturers will work with specific retailers depending on where their target consumers expect to find their products. what do
vodomira [7]

Manufacturers will work with specific retailers depending on where their target consumers expect to find their products in the process known as Consumer expectation.

<h3>What is Consumer expectation?</h3>

Consumer expectations can be regarded as the economic outlook of households.

Expectations in the path of consumers help them in the bearing on current economic activity and help Manufacturers to work with specific retailers depending on where their target consumers.

Learn more about Consumer expectation at:brainly.com/question/2664098

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3 0
2 years ago
Which is a hospital payment monitoring program that contains hospital-specific administrative claims data for a number of CMS-id
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First-Look Analysis for Hospital Outlier Monitoring (FATHOM) is a hospital payment monitoring program that contains hospital-specific administrative claims data for a number of CMS-identified problem areas to compare their performance with that of other hospitals.

A Microsoft Access program called FATHOM: First-Look Analysis Tool for Hospital Outlier Monitoring enables CMS to give each State hospital-specific Medicare claims data statistics that show regions with a high payment mistake rate. These target area data act as proxies for payment mistake rates.

An observation that differs greatly from the other data in its set is considered an outlier. To find these entries, an auditor will use a variety of methods, procedures, and tools. Data mining is one such tool that the auditor might use to evaluate information.

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8 0
2 years ago
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