You have been given the task of persuading your business's board of directors to purchase insurance policies that will help manage the risks mentioned above. The insurance policies have already been chosen, but now you must explain the details of the insurance policies, including the contracts involved in the policies to the board and convince the board that these policies really will protect the business from risks. In addition, you must describe what the terms in the insurance contracts mean and how they can be applicable to each business area.
In order to do this, you will need to create a portfolio document with the following sections::
Define insurance and an insurance policy.
Identify the two basic types of insurance.
Describe how insurance policies can be used to protect the business from risks caused by certain events and from risks to their employees' personal security while on the job.
Define the four essential elements of a valid insurance contract: offer and acceptance, consideration, legal capacity, and purpose.
Identify the common terms found in insurance contracts that specify exactly what risks an insurer will cover.
Define catastrophe theory and how it differs from risk management principles.
Discuss how catastrophe theory can be utilized by your organizations to manage and recover from risks.

When effective leaders hear others complaining about a problem, THE action would they most likely take is: To try to learn how big the problem really is.

A leader is person that possess a leadership skills  and help to direct and lead the people that are under him/her.

An effective Leaders does not  ignore problems but they  tend to  learn how big the situation  and try to figure and solve it.

Therefore the action would they most likely take is: To try to learn how big the problem really is.

Learn more about leader here:https://brainly.com/question/1232764

#SPJ11

How to Do Well in School

Attend class regularly.

Pay attention in class.

Do homework routinely.

See the teacher for help.

Review what you're learning on a regular basis.

Learn from mistakes..

Make school a priority.

Work hard, play hard.

There u go

Answer:

make a schedule in order to effectively get it all done. also, don't take advantage of studying, I used to not study enough, but then I just added an extra 30 min of studying time, and it improved my grades from a B+ to an A!! Just keep focus without destractions, you get a text, silence your phone until your finished, trust me, it will be hard to ignore everything and focus, but again, worth it. (sry for the typos, I have somewhere to be, but I hope I helped!)  

Explanation:

Answer:

G: None

Explanation:

have a good day :)

A, Kim Kardashian-West, she a qweennnnnn!

Answer: See explanation

Explanation:

a. Public sector simply means the sector of the economy that the government controls. Examples include the military, public education, law enforcement, etc

b. The secondary sector is the sector of the economy that is concerned with how raw materials would be processed to become finished goods. The industries in this sector include construction companies, car manufacturers, textile industries, etc.

c. The tertiary sector of the economy is the sector that is concerned with services. This sector is important because:

• it helps in the provision of basic services like health care delivery, education, etc.

• it also helps in the development of several sector in the economy such as communication, and transportation.

• it contributes a huge part to the gross domestic product of a country.

d. The reason why some ministers may want to privatize some business include

• when the resources are not being efficiently utilized and there's wastage of resources.

• to improve competition

• it also brings about increase in effectiveness and efficiency.

e. The public sector alwayw produces goods and services more efficiently than the private sector as the government always looks to tackle market failure. Apart from that, the government looks out for the welfare of the people in the society and it's main motive is not profit maximization like the private sector.

Answer: to review content for accuracy, suggest improvements, or document feedback

Explanation:

i just took it

Joaquin is having a difficult time making a decision due to experiencing psychological conflict.

Psychological or personal conflict refers to a situation in which a person is motivated to engage in at least two fundamentally unconnected or incompatible activities. It occurs when the vocal, linguistic, symbolic, or passionate responses required to fulfill one intention are contradictory with those needed to satisfy another.

A person who is driven to engage in two or more activities that are incompatible or mutually exclusive is said to be in personal or psychological conflict.

In this case, since Coral and mike are both good managers and Joaquindoesn't want to fire any of them, he is unable to determine who to lay off because of the mental conflict he is having.

Read more about Conflicts at :

https://brainly.com/question/2590888

#SPJ4

The adoption of interchangeable parts is the statement that directly explains the boost in production of mccormick reaper.

The mccormick reaper is a mechanical mechanism that was created by Cyrus McCormick for farmers to harvest crops mechanically.

In conclusion, the adoption of interchangeable parts is the statement that directly explains the boost in production of mccormick reaper.

Read more about mccormick reaper

brainly.com/question/487638

Answer:

Explanation:

B. Income Statement

Millennials differ from their previous generations in the business environment in their preference for work-life balance and the integration of technology into their work.

The millennials have witnessed the rapid growth of technology, and, therefore, they have embraced it in their work environment. The majority of the millennials have a preference for flexible working hours, telecommuting, and the freedom to work from home. They do not want to be confined to a strict 9-5 schedule, and they expect their employers to provide them with autonomy, feedback, and mentoring.

They also value work-life balance, which means they prioritize their personal lives, health, and social connections in the same way as their work lives. Unlike their predecessors, they are not willing to work long hours and sacrifice their personal lives for their careers. They are more focused on achieving a balance between their work and personal life, and they expect their employers to recognize and support this.

Know more about integration, here:

https://brainly.com/question/31744185

#SPJ11

Answer:

It looks amazing! Great job!

Answer:

BDE

Explanation:

Answer:

A C D

Explanation:

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

To calculate the value of investment spending, we can use the formula:

Y = C + I + G + NX

Where Y is the total output or real GDP, C is consumption spending, I is investment spending, G is government spending, and NX is net exports (exports minus imports). Since this is a closed economy, we can assume that net exports are zero. Therefore, the formula becomes:

Y = C + I + G

We are given that Y = $5,098 billion, C = $3,781 billion, G = $684 billion, and taxes collected by the government (T) = $530 billion. To calculate investment spending (I), we need to rearrange the formula:

I = Y - C - G

Substituting the values, we get:

I = $5,098 billion - $3,781 billion - $684 billion

I = $633 billion

Therefore, the value of investment spending in this closed economy is $633 billion. It is important to note that investment spending includes purchases of new capital goods, such as machinery, equipment, and buildings, by businesses and households. It is an important component of economic growth and can lead to increases in future production and output.

Know more about investment spending here:

https://brainly.com/question/29766778

#SPJ11

Answer: The seasonal nature of many commodities would lead to wide

variations in supply and price without these contracts.

The correct option is C.

Commodity brokers use forward and futures contracts for the seasonal nature of many commodities would lead to wide variations in supply and price without these contracts.

A commodity broker is a firm or an individual who executes orders to buy or sell commodity contracts on behalf of the clients and charges them a commission. A firm or individual who trades for his own account is called a trader. Commodity contracts include futures, options, and similar financial derivatives.

Compensation for commodity brokers is often on a commission basis. They receive a percentage of the gross commissions from the trades placed by their customers. Commissions are fees for the execution of buying and selling orders. Some commodity brokers are highly successful.

Learn more about commodity brokers here https://brainly.com/question/798039

#SPJ2

This process of moving personnel, equipment, and materials to meet operational requirements is known as:

This refers to the handling and administrative functions of making workers or personnel in an organization.

Hence, we can note that based on this essential process of moving personnel, equipment, and materiel in theater into forces capable of meeting operational requirements are collectively known as Joint reception, staging, onward movement and Integration

Read more about personnel management here:
https://brainly.com/question/10583893

To determine how much each person owes to friend 1 and friend 2, we need to divide the total expenses evenly among the three friends. Let's calculate the total expenses first.

Total expenses = Friend 1's expenses + Friend 2's expenses

Total expenses = $674 + $381

Total expenses = $1055

Now, we divide the total expenses by 3 to find the equal share for each person.

Equal share per person = Total expenses / Number of people

Equal share per person = $1055 / 3

Equal share per person ≈ $351.67

Therefore, each person owes $351.67 to cover friend 1 and friend 2's expenses.

Friend 1's share: $674

Friend 2's share: $381

Equal share per person: $351.67

Now, let's calculate the amount each person owes to friend 1 and friend 2. Since friend 1's expenses were $674 and friend 2's expenses were $381, the remaining amount after deducting their own expenses will be divided equally among the three friends.

Amount owed to friend 1 = (Friend 1's share - Friend 1's own expenses) / Number of people

Amount owed to friend 1 = ($674 - $674) / 3

Amount owed to friend 1 = $0 / 3

Amount owed to friend 1 = $0

Amount owed to friend 2 = (Friend 2's share - Friend 2's own expenses) / Number of people

Amount owed to friend 2 = ($381 - $381) / 3

Amount owed to friend 2 = $0 / 3

Amount owed to friend 2 = $0

Since friend 1 and friend 2 didn't spend any money, no one owes them anything. Therefore, each person only needs to cover their own equal share of $351.67.

Learn more about total expenses here:

brainly.com/question/31261431

#SPJ11

No, production at points outside the production feasibility curve is currently not possible. Yes, future technological advances may allow production beyond the current production feasibility curve. Yes, international trade allows countries to consume beyond their current production potential curves.

Off-curve production is not possible (off-curve consumption can occur through foreign trade). In order to produce beyond the current production potential curve, the economy must realize an increase in available resources and/or technology.

A point within the production possibilities frontier means that production is possible at that time, but resources are not being used efficiently. A point outside the production feasibility frontier means that production cannot be realized at that point with the available resources or technology.

Any point in the production potential curve therefore indicates that the resource is underutilized because the economy can produce more with the given resource. Also, the point beyond the production possibilities curve cannot be reached because the economy does not have the necessary resources to produce such resources. quantity to produce. 

Know more about production here:

https://brainly.com/question/18892969

#SPJ4

Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.

The monitoring tool that I need to use to monitor device and change setting is azure iot central applications, as being the administrator of a large organization.

association, charity, or union. The term "organization" can be used to describe a person, a group, a company, or the process of creating or developing anything.

A wide range of legal entities exist, encompassing corporations, government, quasi organizations, political organizations, international institutions, armed forces, charities, for-profit businesses, partnership, cooperative, and academic institutions, among others.

A mixed organization is one that fulfills official services and generates commercial market activity concurrently in the public and private sectors. A volunteer-run organization is known to as a voluntary association.

Learn more about organization here:

https://brainly.com/question/29504584

#SPJ4

Answer:

Professional education helps to rectify the errors in business

Explanation:

The warranty that is established by the Spearin Doctrine is the owner warrants to the contractor the adequacy and sufficiency of the drawings and specifications. Option d is correct.

The Spearin Doctrine refers to the warranty established by the federal courts in the United States in the year 1918. This warranty is that when the owner of a construction project provides detailed plans and specifications to the contractor, the owner is implicitly guaranteeing that the plans and specifications are adequate for the purpose intended.

If the contractor follows the plans and specifications and the resulting project is defective, then the owner is responsible for the defects and the costs associated with repairing them.

Therefore, option d is correct. This doctrine is often cited in construction lawsuits to determine liability for project defects.

Learn more about warranty https://brainly.com/question/31793570

#SPJ11

In traditional pay plans, employees are typically paid C) a fixed hourly rate or an annual salary, which is predetermined and agreed upon before the employee begins working for the company.

Because they understand how much they will be paid for their work, regardless of their performance or the length of time they have worked for the company, this type of pay plan gives employees a sense of stability and predictability in their income.

In contrast, performance-based pay plans encourage employees to put in more effort and deliver greater results in order to obtain higher pay.

Traditional compensation structures can be more easy and simpler to handle for both employers and employees, even though they may not motivate individuals as much to give their best work.

Furthermore, traditional pay plans might be better suitable for positions where it is challenging to quantify performance metrics or to assess the impact of an employee's performance.

To know more about compensation,

https://brainly.com/question/30157900

#SPJ4

Answer:

1.) Engineer play very important role in the development of society and nation. Engineer plan and build new bridges, huse building, roads, railways, dams, canals, etc. that helps agricultural, living, transportation and commuting. Appliance and gadgets at home are degined by engineers. They built the infrastructure and the tools necessary for progress.

2. A veterinary (Animal doctor) treat disease, disorders, and injuries in animlas. Most veterinary physician workbin clinical setting, treating animal directly.

3. Yeah, I do agree because finance sector is essential for day to day operation. It is the task of examining and controlling ecnomic transaction on the regular basic fir the financial sucess, based on law

True, The foundation of Miller and Modigliani's suggested dividend irrelevance hypothesis is their claim that the firm's worth is solely decided by its fundamental earning capability and its business risk.

Business risk is the possibility that a company or organization will experience declining profits or collapse. Anything that undermines a corporation is a risk. the ability of the organization to achieve its financial goals. Business risk can result from the interaction of several factors. senior executives of a company or Leadership may on occasion create conditions that subject a corporation to greater levels of risk.

However, there are times when a firm is not the only source of danger. As a result, a business cannot completely protect itself against danger.

To know more about Business Risk, visit:

https://brainly.com/question/14987050

#SPJ1

A company could C. allow customers to pay with credit, which would boost revenue.

Keeping a close eye on cash flow is essential when running a small business. Including credit cards as a payment option is one way to make it easier for money to flow into and out of your business. Providing credit card payment options to customers can cut down on the stress of managing cash flow and reduce the amount of time spent waiting for checks. If your company does not yet accept credit card payments, it may be simpler than you think to do so.

There are a number of benefits to offering credit card payment options to your customers that could help your business grow. Accepting credit cards has numerous advantages, as stated by the National Federation of Independent Businesses.

To learn more about credit cards visit:

https://brainly.com/question/27350251

#SPJ1

The cost represents 31.5% of the price of a pie.

The percent of the price of a pie that the cost represents can be calculated by taking the cost of the pie ($2.48) and dividing it by the selling price of the pie ($7.89). Then, multiply that number by 100 to express it as a percentage. In this case, the cost of the pie represents 31.36% of the selling price.

It's important for businesses to understand the cost of their products in relation to the price they are charging in order to ensure profitability and make informed pricing decisions. Additionally, understanding the cost-to-price ratio can also help with budgeting and cost management. In the case of Skypie Bakery, they have a 68.64% profit margin on their rhubarb pies. This means that they make a profit of $5.41 on each pie they sell.

Read more about the Percentage of goods sold:

https://brainly.com/question/29110956

#SPJ4

Answer:

B. Recruitment.

Explanation:

I already learned this.