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Alexxandr [17]
3 years ago
10

10 roles of insurance in a business

Business
1 answer:
Sedbober [7]3 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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Hudson Co. reports the contribution margin income statement for 2015. Contribution Margin Income Statement For Year Ended Decem
inna [77]

Answer:

$60 per unit

Explanation:

The computation of the contribution margin per unit is shown below:

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $240 per unit - $180 per unit

= $60 per unit

It shows a difference between selling price per unit and the variable cost per unit

All other information which is given is not relevant. Hence, ignored it

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There are several reasons why a consumer might be reluctant to adopt a new product. For example, a consumer might be reluctant t
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When the product is not compatible with existing habits

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Normally it's C, good day
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The main functions of human resource management can be categorized into ... A. Line function, management functions, and employee
babymother [125]

Answer:

C. Staff functions, line functions, and coordination functions

Explanation:

Human resource management functions may be classed into : line functions which involves the segment charged with the transition of an organization directly into its daily operational activities such as production, selling marketing and other customer service activities. The Staff functions of the human resource Management refers to advisory support on various activities of the organization which has to do with staffing, recruitment.

Coordination function involves the implementation of strategies which ensures synergy between various departments ensuring the adopting of best strategy to ensure maximum output.

5 0
3 years ago
True or false: keynes' law best applies to short time horizons that see fluctuations in total demand.
earnstyle [38]

It is a true statement that the Keynes law best applies to short time horizons which see fluctuations in total demand.

<h3>What is the Keynes law?</h3>

The Keynesian economic model is developed to adovate an increased government expenditures (spending) and lowering of taxes for stimulation of demand for getting an economy out of the depression.

The law of Keynesian model states that demand creates its own supply and any changes in aggregate demand will cause changes in real GDP and employment.

In conclusion, the statement that Keynes law best applies to short time horizons which see fluctuations in total demand is true.

Read more about Keynes

<em>brainly.com/question/26987729</em>

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