Answer:
a
Explanation:
Property risk is an example of a pure risk.
Pure risks are risks in which loss is the only possible outcome. It could be full loss or partial loss. Other examples of pure risks are personal and liability risks
Property risk is the risk that a person or company's property would be damaged or lost.
For example, if a building is set on fire or if a car is stolen
Both Tom's Car Repair and Fast Engines. incur a cost of $9,000 to manufacture a vehicle. However, the economic value created by Fast Engines. is more than that created by Tom's Car Repair. What does this indicate
Answer: Fast Engines can change a premium price on its automobiles
Explanation:
Premium pricing refers to a when the price of a particular product or service is kept high artificially high so as to encourage a favorable perceptions among the buyers.
Since Tom's Car Repair and Fast Engines. incur a cost of $9,000 to manufacture a vehicle but the economic value created by Fast Engines. is more than that created by Tom's Car Repair, then it shows that fast Engines can change a premium price on its automobiles.
four advantages and disadvantages of migration in economics
Answer:
I think Immigration can give substantial economic benefits – a more flexible labour market, greater skills base, increased demand and a greater diversity of innovation. However, immigration is also controversial. It is argued immigration can cause issues of overcrowding, congestion, and extra pressure on public services.
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An organization that has direct two-way lines of responsibility, authority, and communication running from the top to the bottom of the organization, with all people reporting to only one supervisor is called a(n) ______ structure.
line
Explanation:
An organization that has direct two-way lines of responsibility, authority, and communication running from the top to the bottom of the organization, with all people reporting to only one supervisor is called a(n) line structure.
Line Organizational structure is the simplest organizational structure.
In this structure, the flow of the authority is from top to bottom. In this structure, supportive and specialized services do not exist. The department head has full control over their departments. Its main characteristic is the self-contained department structure.Line officers can take independent decisions due to the unified structure. Effective communication is the main characteristic of this structure and it makes the organization stable.So, Line structure is the correct answer
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Suppose that demand is unitary elastic at all points. When price is increased from a point on this demand curve, then total revenue will_____________.
Answer: not change
Explanation:
When a good's demand is said to be unitary elastic, it means that an increase in price causes a proportional decrease in quantity demanded which means that neither effect would have dominance over the other.
When this happens, total revenue will not change because the increase (decrease) in price will be cancelled out by the decrease (increase) in quantity demanded.
Reliable Industries is a maker of component parts in heating and cooling ventilation systems. The company is looking for a site on which to build a new production facility. Major considerations the company must take into account are that any area selected has adequate rail access and is at the hub of major highways to quickly move products. Reliable is in the process of
Answer: facility location
Explanation:
Based on the information given, it can be infered that Reliable Industries is in the process of facility location.
Facility Location simply refers to the selection of the rightt location for the manufacturing facility. The location selected should be easily accessible for the customers and transportation.
Selecting a suitable facility location is essential for an effective operation.
What is an approach for service firms trying to accelerate the creation of their own expert performers
Answer:
Encourage novice and expert interaction.
Explanation:
The apparent approach for service firms trying to accelerate the creation of their expert performers is to "Encourage novice and expert interaction."
This is because as both the novice and expert interact often or on daily basis, the novice quickly learns from the experts, both in terms of thinking, solving situational problems, applying a methodical approach, and following the conduct of the experts seamlessly.
Hence, the novice rapidly develops into an expert performer within a very short possible amount of time.
True or false: The initial result of the Hawthorne studies demonstrated that no matter what the levels of light and noise were, worker productivity increased simply because the workers liked the attention they received by being part of a study.
Answer: True
Explanation:
The Hawthorne studies were designed originally in order to show the relationship that existed between productivity and the workplace conditions.
A study like the the level of lighting was used to show correlation with the productivity of the workers and the result was that demonstrated that no matter what the levels of light and noise were, there was an increase in the worker productivity because the workers liked the attention they received by being part of a study.
Required Journal entry
Paid salary and wages Rs 55,000
PLEASE HELP
Answer:
Date Account Title Debit Credit
XX-XX-XX Salary and Wages expense Rs. 55,000
Cash Rs. 55,000
The Salaries and Wages expense account will be debited to show that this expense was incurred as expenses have a debit balance,
Cash was used to pay for the salaries and wages so it will be credited because Assets are credited when they reduce.
what is automated teller machine car
state 4 advantages of using automated machine
Answer:
An automated teller machine is an electronic machine that allows the transaction of money from one's account.
Advantages of the ATM are-
1. It provides easy access to one's account.
2. It saves time and energy.
3. It reduces the workload of the bank employees.
4. Its service is available anywhere 24/7.
Explanation:
An automated teller machine (ATM) is an electronic machine that allows an individual to complete basic transactions without the need for any bank personnel to help. This type of machine is generally used to withdraw and deposit cash from and into one's bank account.
Four advantages of an automated teller machine are-
1) It provides convenience to the customers, saving one's energy and time.
2) Its service is available 24/7.
3) It allows access to one's account anywhere.
4) It reduces the workload of the bank employees.
An Automated Teller Machine (ATM) car refers to a vehicle equipped with an ATM, typically used for mobile banking services in locations where a fixed ATM is not available or convenient.
Advantages of using an Automated Teller Machine (ATM) include:
Convenience: ATMs offer 24/7 access to banking services, allowing users to withdraw cash or perform various transactions at their convenience. With an ATM car, this convenience can be extended to different locations, such as events, rural areas, or areas with limited banking infrastructure.
Accessibility: ATMs provide accessibility to banking services for individuals who may not have access to a nearby bank branch. The mobility of an ATM car can further enhance accessibility, reaching underserved or remote areas where may be limited.
Time Savings: Using an ATM can save time compared to traditional banking methods. With an ATM car, users can access banking services without the need to travel to a physical branch, reducing time spent commuting and waiting in queues.
Privacy and Security: ATMs provide a secure and private environment for conducting financial transactions. Using an ATM car can enhance security by ensuring that the machine is monitored, maintained, and operated by authorized personnel.
This can instill confidence in users, knowing that their transactions are conducted in a controlled and secure setting.
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is the movement of employees among positions at the same organizational level rather than through progression and promotuion
Answer:
Horizontal job rotation.
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Generally, the human resources manager or department could move employees from one department to another through a process known as job rotation.
Horizontal job rotation is a form of job rotation and it typically involves the movement of employees among positions within the same organizational level rather than through progression and promotion.
The federal government released a report that says drinking coffee will make you smarter, at the same time fewer Central American are growing coffee beans. How will this situation look graphically?
Answer:
graph 7
Explanation:
As a result of the government's decree, there would be an increase in the demand for coffee. This would lead to a rightward shift of the demand curve. As a result, equilibrium price and quantity increases.
If fewer Central American are growing coffee beans, there would be a decrease in the supply of coffee. This would lead to a leftward shift of the supply curve. As a result, equilibrium price increases and quantity decreases.
Taking these two effects together, equilibrium price increases and there is an indeterminate effect on quantity
If the supply of aisle seats equals the supply of middle seats on an airplane, and the demand for aisle seats is _____________ than the demand for middle seats, then the equilibrium price of aisle seats will be ______________ the equilibrium price of middle seats.
Answer:
greater; higher than
Explanation:
Here is the complete question
If the supply of aisle seats equals the supply of middle seats on an airplane, and the demand for aisle seats is _____________ than the demand for middle seats, then the equilibrium price of aisle seats will be ______________ the equilibrium price of middle seats
.a. greater; higher than
b. less; higher than
c. greater; lower than
d. less; the same as
Equilibrium price is the price at which quantity demand equal quantity supplied. Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded.
Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied
If the demand for aisle seats exceeds the demand for middle seats, it means that equilibrium price for aisle seat would exceed equilibrium price
The contract Jack is signing has a clause that protects his assets from a deficiency judgment in case of foreclosure. What is this called?
Answer:
exculpatory clause
Explanation:
Exculpatory clause in contracts is a clause that protects the person issuing it from liabilities of damages to an asset that may not be in their possession or out of their control. It prevents one party from the holding the other liable for damages to an asset during the execution of a contract. This is what Jack has done to protect himself from the liabilities that may result from any damages during the contract.