What is the purpose of insurance simple words?

Answers

Answer 1

Insurance has a purpose of protecting yourself and your loved ones financially in case of unexpected events, such as a death, an accident, a natural disaster, or a medical emergency.

Insurance policies provide a safety net by helping to cover the costs associated with these events, such as medical bills, funeral expenses, and property damage. With insurance, you can have peace of mind knowing that you and your family have a level of financial protection in the face of difficult times.

Insurance is a way to protect you and your loved ones from financial loss due to unexpected events and that is its purpose. It is a way to ensure that you and your family have the financial resources to cope with difficult situations, such as illness, theft, damage to property, or death.

Insurance can be taken out to cover a variety of things, including your home, car, health, life, and business.

By paying regular premiums, you can rest assured that you and your family are protected if the worst should happen.

To learn more about insurance, click here:

https://brainly.com/question/25855858

#SPJ4


Related Questions

If an investor maintaining a short equity option is assigned an exercise notice, which of the following statements is true

Answers

Option D is correct, she must accept the exercise notice. Once exercised, a contract may not be traded to another individual. The assigned party must either deliver (for a call) or buy (for a put) the stock in two business days (regular way settlement for stock transactions).

What is Exercising Options?

An American-style option holder has the choice to buy (in the case of a call) or sell (in the case of a put) the shares of stock that the option is based on.

Prior to doing so, they must instruct their brokerage company to send an exercise notice to OCC. Option holders must notify their brokerage company before the deadline for accepting exercise instructions on that day in order to guarantee that the option will be exercised on that specific day.

When an option holder wants to exercise an option, the brokerage firm notifies the OCC. The exercise notice is then given to a clearing member at random by OCC. This is often the investor's brokerage firm, which was randomly selected from a group of brokerage firms. The company is then required to designate one of its clients who has written (but not covered) that specific option.

Either at random or according to the principle of first-in-first-out, customers are assigned. Depending on the firm's methodology. Find out how your brokerage company handles assignments by asking them.

To know more about exercising options visit:

https://brainly.com/question/13211375

#SPJ4

plz help :)


What is one type of closed-end credit? A. a credit card B. a retail credit card C. an installment cash credit D. a bank line of credit

Answers

Answer:

C.

Explanation:

Took the test :)

When a business has too many staff members in the store for the amount of customer traffic, it's known as:

Answers

When a business has too many staff members in the store for the amount of customer traffic, it's known as Overstaffing.

The activity of running a business involves creating, acquiring, and reselling goods in order to support one's lifestyle. "Any activity or enterprise undertaken into for profit" is also included. The owner of the business is responsible and liable for any obligations that the company incurs since the existence of a business name does not make the owner of the business separate from the business entity. The owner's personal belongings may be taken by the creditors if the company accrues debt. Rates of corporation tax are not permitted in a firm structure. All business profits are subject to individual taxation for the proprietor. Additionally, a corporation or cooperative may be included when using the phrase in a colloquial sense.

learn more about business here

https://brainly.com/question/15826771

#SPJ4

you are the manager of the marketing department of a large firm. your department was given 3 new computers.

Answers

Managing the computer network for a big department store is the position best suited for someone with a major in information technology.

computer technology:

A system and network that employs the hardware, software, services, and auxiliary infrastructure of a computer to manage and distribute information utilising speech, data, and video is referred to as an information technology system, and this definition encompasses a wide range of systems and networks.

Therefore, a profession in information technology may demand extensive use of computers and networks across a broad spectrum of users. Software developers manage databases, hardware engineers create the hardware for the onboard computer of a military aircraft, etc.

Therefore, managing the computer network for a large department store is the position that would be best suitable for someone with a degree in information technology.

For such more question on computers.

https://brainly.com/question/28498043

#SPJ4

Note: The correct question would be as follow,

Which of these jobs would be most appropriate for someone who majors in information technology? managing a database for a large department store developing 3 new computing technology that will someday improve network speeds managing the computer network for a large department store designing the hardware for a military helicopter's on-board computer.

A company is trying to figure out what products to offer, when to add new products, and when current products should be discontinued. What tool will assist the company in answering all of those questions

Answers

A product portfolio management tool is used as A company is trying to figure out what products to offer, when to add new products, and when current products should be discontinued.

A product portfolio supervisor (PPM) strategically oversees all of the products in a enterprise's portfolio and guarantees alignment with the organisation's universal method.Product portfolios assist product portfolio managers see if their initiatives align with their organisation's commercial enterprise approach.

This allows them ensure they put money into merchandise that meet their goals and needs. it can be a manual for aligning their upcoming tasks to match the overall intention and preserve them on track. Product portfolio and program control (PPM) is the continuous cultivation of a product set and the set of abilities to prioritize and manage product improvement applications.

A product portfolio refers to the complete list of products provided via a employer. as an instance, if an entity sells laptops and smartphones, the entity's portfolio carries laptops and smartphones. Its factors trade if the entity provides a new product or eliminates a current product inside the presentation.

To know more about Product portfolio management visit here:

brainly.com/question/14620635

#SPJ4

Why is it important to start saving early to meet your short-term and long-term needs?

Answers

Starting to save early is important because it allows you to meet your short-term and long-term financial needs.

Starting to save early gives you time to build up a cushion for any unexpected expenses. It also gives you the opportunity to invest your money and make it grow over time.

When you save early, you can take advantage of compound interest, which means that your money will earn interest on the principal plus any interest that has already been earned. This allows your money to grow faster over time.

Additionally, having a long-term savings plan can help you achieve financial goals such as buying a home or paying for college tuition. Saving early also helps to protect you from financial hardship in the future by providing an emergency fund to cover unexpected expenses.

For more questions like Long-term plans click the link below:

https://brainly.com/question/13130674

#SPJ4

What are 5 factors for determining your credit rating?

Answers

FICO Scores are calculated using many different pieces of credit data in your credit report. This data is grouped into five categories: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%).

What is FICO Score?A credit score is a number that is used to estimate your likelihood of making timely loan payments. Companies use credit scores to determine things like whether to give you a mortgage or a credit card. They are also used to establish the credit limit and the interest rate you will pay on a loan or credit card. Learn more general information about credit scores.Fair Isaac Corporation is referred to as FICO. A system for calculating credit scores based on data gathered by credit reporting agencies was pioneered by FICO. The majority of lenders still use FICO scores when determining whether to offer you a loan or credit card, despite the fact that other businesses now have credit scoring formulas (or "models"). 

To learn more about Companies refer to:

https://brainly.com/question/25818989

#SPJ4

A project manager and the project team are actively monitoring the pressure gauge on a piece of equipment. Rob, the engineer, recommends a series of steps to be implemented should the pressure rise above 75%. The 75% mark represents what?

Answers

The 75% mark represents the threshold when the engineer, recommends a series of steps to be implemented should the pressure rise above 75%.

When you enter a room, you must cross a threshold. A threshold separates one space from another, and you are also on a threshold just before beginning anything new. A threshold is a starting or stopping point. There are additional valid explanations for why a security could be included on a threshold list. While some of these errors may be the result of improper short selling, other possible causes include technological issues, mistakes made by humans, or real delays in the market makers' time-consuming efforts to acquire securities for delivery. It is not necessary to immediately consider the securities on the threshold list to be suspect. In accordance with SEC standards, a number of exchanges provide threshold lists.

learn more about threshold here

https://brainly.com/question/14268139

#SPJ4

When a patient allows the provider to bill their insurance company and collect payment from the insurer, this is known as:

Answers

Assignment of benefits occurs when a patient authorizes the clinician to bill their insurance company and obtain payment from the insurer. Thus, the Assignment of benefits is the correct answer.

What exactly is a benefit assignment?

An AOB is a contract that transfers the insurance policy's claims rights or benefits to a third party. An AOB authorizes the third party to submit a claim, make repair choices, and collect insurance funds without the homeowner's input. For many years, AOBs have been utilised in conjunction with life and health insurance plans. AOBs, on the other hand, are increasingly being employed in homeowners' insurance claims by repair businesses and contractors. Signing an AOB might assist you through the claims process, but if it is misused, it can have negative ramifications for the homeowner.

To learn more about health insurance plans, click

https://brainly.com/question/14675315

#SPJ4

It is important to behave with civility in the workplace because it Multiple select question. indicates concern for others. helps makes the other persons in an argument look bad. demonstrates good character. sometimes calms a volatile situation.

Answers

It is important to be polite in the workplace. It shows good character, sometimes calms down unstable situations, and shows concern for others.

Every homeowner knows that even a small leak in a pipe can cause major damage over time. Leaks aren't too devastating if caught early. Long-term neglect can lead to roof collapse.

Examples of egregious workplace misconduct that have made headlines in the newspapers may seem similar to bursting water pipes. However, they are usually the end result of invisible long-term damage caused by legal action. These examples of negative workplace behavior, such as rudeness and unfairness, are steadily destabilizing your business little by little.

Before you even formally enter HR, these behaviors are already distracting, demoralizing, and potentially increasing employee turnover.

Know more about workplace here:

https://brainly.com/question/19965171

#SPJ4

Can you guys help me with this ethical case? I know how to do these generally but this one specifically confuses me. I need to know the following: The ethical issue, who the primary and secondary stakeholders are, the different courses of action and their impacts as well as what the best solution would be. Thanks :)​

Answers

A combination of personal, moral, legal, and social norms of what is proper determine the ethics, which are a set of principles for thinking and acting.

Ethical Issues: What Do They Mean?

When a particular action, course of action, or judgment runs afoul of a society's moral standards, an ethical problem arises. Since any of their actions could be questioned in terms of their ethicality, both individuals and corporations can be implicated in these disputes.

The three different categories of ethical problems are what?

Utilitarian, Deontological, and Virtue concerns are the three primary subcategories of ethical problems. While deontological ethics emphasize the act itself, utilitarian ethics place more emphasis on the results of a choice. The character of the person acting is a key component of virtue ethics.

To know more about  moral visit:

https://brainly.com/question/13324831

#SPJ1

If Sam can chop up more carrots per minute than Joe can, then Group of answer choices Joe must have a comparative advantage in carrot chopping Sam has an absolute advantage in carrot chopping Joe has an absolute advantage in carrot chopping we can conclude nothing about absolute advantage Sam must have a comparative advantage in carrot chopping

Answers

The phrase with the misplaced modifier is at the counter, the chef cut the carrots.

The phrase with the misplaced modifier is at the counter, the chef cut the carrots. What do sentence modifiers do. Modifiers are words, phrases, and clauses that affect a sentence's meaning and frequently make it better. With the addition of modifiers, sentences become more detailed, interesting, and focused. The simplest kind of modifier is an adjective or an adverb. A hanging modifier is a type of ambiguous language construction where a syntactic modifier may be taken to mean something different from what was intended. The chef cutting the carrots while seated at the counter is the sentence with the misplaced modifier. A misplaced modifier is a word, statement, or proviso that is inappropriately detached from the term it adjusts/depicts. On account of the dissociation, statements with this mistake typically sound strange, ludicrous, or perplexing.

Learn more about Modifiers here:

https://brainly.com/question/2976135

#SPJ4

MARKING BRAINLIEST IF RIGHT!
1.) Income tax accounts for the majority of state revenues.
True
False

2.) Child-care expenses and adoption expenses are two items that may qualify an individual for a tax credit.
True
False

Answers

Answer: 1= TRUE for some state



Answer: 2= false

G The shareholders of a firm need to elect four new directors to the board. There are 14 million shares of common stock outstanding and the current share price is $15. If the company uses cumulative voting procedures (assume no seat staggering takes place), how much will it cost to guarantee yourself one seat on the board of directors

Answers

In a straight vote, each share of owned stock that the minority shareholder wishes to cast counts as one vote for each director position that is open.

What is Cumulative Voting?Companies employ cumulative voting, also known as accumulation voting or weighted voting, which is a multiple-vote mechanism, to encourage a more proportionate representation for shareholders. Each shareholder has one vote in a cumulative vote, which is one vote per share multiplied by the number of director posts that are open, with the votes being allocated in the shareholder's preferred order.Cumulative voting is used to give minority shareholders more sway over the choice of the board of directors. A shareholder may cast all of their ballots for one candidate under the cumulative voting system. It is not a frequently adopted voting system among S&P 500 businesses, despite the fact that the mechanism gives minority shareholders more voting power.Cumulative voting has previously been utilized by businesses like Hewlett-Packard (HPE), as an example. Cumulative voting, however, was abolished by Hewlett-Packard in 2016 for the reason that it "is incompatible, and fundamentally at odds, with a majority vote standard for electing directors" because it "allows relatively small stockholders to elect directors who are not supported by a majority of the company's shareholder base."

To Learn more About straight vote, Refer To:

https://brainly.com/question/218477

#SPJ4

The key economic concept that serves as the basis for the study of economics is

Answers

The key economic idea that fills in as a reason for the investigation of economics is: Scarcity. As a result of the issue of scarcity: People need to pursue decisions from among options.

Four critical economic ideas — scarcity, supply and demand, costs and advantages, and impetuses — can assist with making sense of numerous choices that people make.

Scarcity makes sense of the fundamental economic issue that the world has restricted — or scant — assets to meet apparently limitless needs, and this reality powers individuals to settle on conclusions about how to assign assets in the most effective manner.

Because of scant assets, people are continually pursuing decisions not entirely settled by their costs and advantages and the motivating forces presented by various strategies.

Financial analysts address these three inquiries: (1) What labor and products ought to be delivered to address purchaser issues? (2) How might they be created, and who ought to deliver them? (3) Who ought to get labor and products?

to know more about supply and demand click here:

https://brainly.com/question/1222851

#SPJ4

James creates a trust to hold a piece of real estate he owns. He directs a corporate fiduciary to hold title to the real estate and provides instructions for the management, control, and disposition of the real estate upon his death. Given that the trust only holds real estate, James likely set up a(n) ______ trust.

Answers

James most likely set up a (n) the grantor trust, which solely holds real estate.

Who holds legal title when an estate is held in a trust?

Who is the legal owner of an estate when it is held in a trust? (In an estate in trust, the grantor (or trustor) transfers legal ownership to a fiduciary (the trustee), who holds and administers the estate for the benefit of another party (the beneficiary).

The trustee of a land trust must either renew the trust's term or sell the property when it expires.

The trustee must sell the property and provide the beneficiary the proceeds when the land trust period expires, or else it must be extended. It is possible to transfer a beneficiary interest in the property without.

To know more about trustee visit:-

https://brainly.com/question/28115772

#SPJ4

G Find the future values of the following ordinary annuities. FV of $600 each 6 months for 4 years at a nominal rate of 8%, compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent. $ FV of $300 each 3 months for 4 years at a nominal rate of 8%, compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. $ The annuities described in parts a and b have the same amount of money paid into them during the 4-year period, and both earn interest at the same nominal rate, yet the annuity in part b earns more than the one in part a over the 4 years. Why does this occur

Answers

The future value of an annuity is the amount that a series of repeating payments would be worth at a specified future date, assuming a particular rate of return, or discount rate. The discount rate raises the annuity's future value.

How is an ordinary annuity worth today and in the future?An annuity's future value is the sum that will be attained over time, as opposed to its present value, which is the amount that must be spent now to ensure a desired payment in the future.Fixed, variable, fixed-indexed, immediate, and Deferred annuities are all types of annuities. Which is ideal for you will depend on a number of factors, including your risk tolerance, your income objectives, and the time frame in which you want to start receiving annuity income.For distribution at a later date, a deferred annuity collects premiums and investment changes. Deferred annuities for retirement can stay in the deferred stage for decades, therefore the payout period may be very long. When an immediate annuity is purchased, it is intended to start paying an income immediately.

To learn more about Annuities refers to:

https://brainly.com/question/14908942

#SPJ4

List the advantages and disadvantages of regulation and deregulation

Answers

Answer:

Deregulation is the phenomenon wherein governments signal their intention to leave the market economy to the market forces and not stifle it and constrain it with myriad laws, rules, and regulations. Deregulation entails overseeing and supervising the economy in a manner that would be a hands-off approach combined with oversight over its functioning related to legal and compliance aspects alone. In other words, deregulation means that the governments do not interfere with the businesses in a day-to-day manner and act only when specific complaints against businesses are brought before them. Farther, deregulation also means that governments do not set prices or put in motion price controls leaving the process of determining the best pricing to the market forces of demand and supply. Deregulation has been in vogue in emerging markets or the developing countries ever since the 1990s when these markets began to globalize their economies and open them up to the foreign competition as well as liberalize their economies so that domestic firms can compete without the heavy hand of the state. This response means that instead of the heavy hand of the state, markets are left to work according to the invisible hand of the market economy.

Explanation:

hope this helps you :)

Which of the following is not one of the pitfalls or mistakes associated with pursuing a differentiation strategy? A)Overspending on efforts to differentiate the company's product offering and then discovering that buyers are unwilling to pay a sufficient price premium to cover the added costs of differentiation, thus ending up with unacceptably small profit margins (or even losses) B)Trying to strongly differentiate the company's product from those of rivals rather than be content with weak product differentiation C)Being timid and not striving to open up meaningful gaps in quality or service or performance features versus the products of rivals D)Striving to differentiate on features or attributes that rivals can easily and quickly copy E)Charging too high a price premium for the differentiating features

Answers

A) Overspending on efforts to differentiate the company's product offering and then discovering that buyers are unwilling to pay a sufficient price premium to cover the added costs of differentiation, thus ending up with unacceptably small profit margins (or even losses) is not one of the pitfalls or mistakes associated with pursuing a differentiation strategy.

Pursuing a differentiation strategy can be a great way to set your company apart from the competition and stand out in the marketplace. However, it is important to be mindful of overspending on efforts to differentiate your product offering.

If buyers are unwilling to pay a sufficient price premium to cover the added costs of differentiation, it can result in unacceptably small profit margins or even losses.

To avoid this pitfall, it is important to ensure that buyers are willing to pay for the added value of your differentiated product and that the added costs of differentiation are taken into account.

To learn more about differentiation, click here:

https://brainly.com/question/24898810

#SPJ4

What is the purpose of FHA?

Answers

In the whole United States and its territories, the Federal Housing Administration (FHA) offers mortgage insurance on loans for single-family, multifamily, mobile home, and hospital properties.

President Franklin Delano Roosevelt founded the Federal Housing Administration (FHA), commonly known as the Office of Housing inside the Department of Housing and Urban Development (HUD), which was partly established by the National Housing Act of 1934. Private lenders' mortgages for single-family homes, multi-family rental properties, hospitals, and residential care facilities are insured by the FHA. Lenders are protected against losses by FHA mortgage insurance. The FHA pays a claim to the lender for the outstanding principle amount if a property owner defaults on their mortgage. Lenders are able to provide more mortgages because they assume less risk. The organization works to make it easier for people with low and moderate incomes and first-time homebuyers to obtain mortgage credit that is affordable, as well as to build market-rate and affordable rental homes, hospitals, and residential care facilities in communities throughout the United States and its territories. It differs from the Federal Housing Finance Agency (FHFA), which regulates state-owned businesses.

Learn more about Federal Housing Administration here

https://brainly.com/question/26897682

#SPJ4

The tremendou ucce of the ‘Pantaloon’, ‘Big Bazaar’ and ‘Food Bazaar’ retailing format, eaily made PRIL the number one retailer in India by early 2004, in term of turnover and retail area occupied by it outlet. Explain how Biyani i further planning to conolidate hi buinee

Answers

One of the most adored fashion companies in India has over 24 years of retail experience: Pantaloons, a branch of Aditya Birla Fashion and Retail Ltd.

What went wrong with future retail?

The Future Group's retail, wholesale, and transportation and warehousing businesses will be acquired by Reliance Retail for a price of Rs 24,713 crores, as reported in August 2020. The FRL founded by Kishore Biyani fell due to excessive diversification and ongoing restructuring.

In a deal for Rs 24,713 crore, Biyani, who established his company in 1987 with the launch of Manz Wear, which eventually took on the brand name Pantaloon, has agreed to cede control of his retail empire to relative newcomer Reliance Retail, a division of Mukesh Ambani-led Reliance Industries.Due to its financial situation, Big Bazaar was unable to make timely payments on its loans to lenders.

To learn more about Pantaloon refer to :

https://brainly.com/question/15561086

#SPJ4

Through your resume and recommendations, we have a clear sense of your professional path to date. What are your career goals over the next 3-5 years and what, in your imagination, would be your long-term dream job

Answers

Along with being a company leader with a global perspective, my immediate post-MBA ambition is to. I hope to improve my managerial abilities via classes like Organizational Behavior and Leadership and International Management in order to become a better manager and communicator.

The turning point that will allow me to change careers and enter the restaurant sector is Columbia's MBA programme. After I graduate, I'll create and oversee a strategy team for a chain of restaurants like NoHo Hospitality or Myriad. Consider your actual hobbies, and don't be afraid to consider your most ambitious goals. You might need to discuss your prior experiences and job while you speak about your future. Consider the turning points you can explain as well. Use illustrations to support your future objectives in addition.

To learn more about Management click the link below:

brainly.com/question/29023210

#SPJ4

How is each of the following events likely to shift the supply curve or the demand curve for fast- food hamburgers

Answers

The demand curve for fast- food hamburgers: An increase in the price of beef and A new health report linking fast-food hamburgers to an increased risk of heart disease.

What is demand curve?

A demand curve is a graph showing the relationship between the price of a good or service and the quantity of it that consumers are willing to purchase. It shows the maximum price that consumers are willing to pay for each unit of a good or service. The demand curve is usually downward sloping, meaning that as the price of a good or service increases, the quantity of it that consumers are willing to purchase decreases.

1. An increase in the price of beef: This is likely to shift the supply curve for fast-food hamburgers to the left, as the higher cost of beef will make it more expensive for fast-food restaurants to produce hamburgers.

2. A new health report linking fast-food hamburgers to an increased risk of heart disease: This is likely to shift the demand curve for fast-food hamburgers to the left, as consumers may be less likely to purchase them due to the health risks associated with them.

To learn more about demand curve
https://brainly.com/question/29434176
#SPJ4

What was the lend-lease program and why was it important?

Answers

This legislation, which was passed on March 11, 1941, established a mechanism that would permit the United States to lend or lease war supplies to any country that was judged "essential to the defense of the United States."

What was the Lend-Lease Act and why was it important?

Any nation whose defense was essential to the security of the United States was eligible for military assistance under the lend-lease program. As a result, Roosevelt was given the authority to lend Britain munitions with the understanding that America would get payment in kind after the war.

The United States was given the authority to lend or lease war supplies to any country that was deemed "essential to the defense of the United States" under the terms of this legislation, which was passed on March 11, 1941.

The Lend-Lease Act, passed by Congress in March 1941, gave President Roosevelt essentially unrestricted power to provide material support, such as ammunition, tanks, airplanes, trucks, and food, to the war effort in Europe without compromising the country's official neutrality.

To learn more about lend-lease act refer to:

https://brainly.com/question/1126649

#SPJ4

The adjustment for underapplied overhead ______ net income. Multiple choice question. increases both cost of goods sold and decreases cost of goods sold and increases decreases both cost of goods sold and increases cost of goods sold and decreases

Answers

Decreases cost of goods sold and increases net operating income. At the highest level, there are two options for increasing net operating income: either increase revenue or reduce operating costs.

How is net income affected by cost of goods sold?

The direct cost of producing a good, which includes the cost of the materials and labor used to create the good, is the cost of goods sold. Since COGS is taken out of a company's revenue, it has a direct impact on profits. To increase profits, businesses need to control their COGS.

Is operating income affected by cost of goods sold?

After subtracting the cost of goods sold (COGS) and other operating expenses from a company's sales revenues, operating income is what is left over. However, it does not account for financing costs, interest, or taxes.

To learn more about cost of goods sold here:

https://brainly.com/question/14866200

#SPJ4

The adjustment for underapplied overhead increases cost of goods sold and decreases net operating income.

What are the underapplied overhead adjustments?

Inadequate overhead costs are typically recorded as prepaid expenses on the company's balance sheet and offset by charges to the cost of goods sold (COGS) section by the end of the year. Cost of goods sold is the direct cost of producing the goods that a company sells.

How does underapplied overhead influences net income?

Where overhead was underestimated, less overhead was applied to inventory than was actually incurred. To resolve this discrepancy, sufficient overhead must be applied retroactively to the cost of goods sold (and possibly to the final inventory). As cost of goods sold increases, underutilized overhead costs reduce net income.

To learn more about overhead visit:

https://brainly.com/question/28621451

#SPJ4

What are 3 major differences between credit unions and banks?

Answers

Credit unions, which are member-owned and cooperative organisations, offer a secure environment for saving and borrowing money at fair rates. Whereas bank, a business that deals with money and its alternatives as well as other financial services.

1. Ownership Structure: Credit unions are owned and operated by their members, while banks are owned by investors.

2. Profit Margins: Credit unions are not-for-profit organizations while banks are for-profit organizations.

3. Services Offered: Credit unions tend to offer fewer services than banks, such as fewer loan types and fewer investment options.

To know more about credit here

https://brainly.com/question/29796455

#SPJ4

How does change affect employees in the workplace?

Answers

More than twice as many workers who had recently undergone a change as those who had neither recent nor expected change on the horizon reported having chronic stress.

What do workers do?

An employee is a person hired by an employer to do a certain task. In exchange, employees have benefits that contractors do not.

An employee is a person who performs certain tasks for a business in exchange for regular compensation.

A salary and benefit packages, such as vacation time and overtime pay, are frequently agreed upon by both employees and employers.

In contrast to independent contractors, employers take on the financial risk of the enterprise in exchange for more control over the employee's job.

To know more about Employees, visit:

https://brainly.com/question/27005523

#SPJ4

Which of the following is NOT an assumption of the economic order quantity model shown below?
Select one:
a. The only variable costs are setup cost and holding (or carrying) cost.
b. Quantity discounts are not possible.
c. Production and use can occur simultaneously.
d. Demand is known, constant, and independent.
e. Lead time is known and constant.

Answers

Production and use can occur simultaneously is NOT an assumption of the economic order quantity model.

The optimal order amount a business should place in order to reduce its inventory costs, such as holding costs, shortage costs, and order charges, is known as the economic order quantity (EOQ). Inventory management, which is the control of the ordering, holding, and use of a company's inventory, is required to use EOQ. Inventory management is entrusted with figuring out how many units a business should add to its stock with each batch order in order to lower the overall cost of its stock.

The EOQ model aims to make sure that the appropriate amount of inventory is ordered per batch so that a company does not have to place orders too frequently or have an excess of inventory on hand.

To know more about economic order quantity click here

brainly.com/question/16986815

#SPJ4

After adjusting for inflation, over time the prices of most natural resources have been a. rising, meaning that their supplies are dwindling more rapidly than our ability to conserve them is growing. b. rising, meaning that our ability to conserve them is growing more rapidly than their supplies are dwindling. c. steady or falling, meaning that their supplies are dwindling more rapidly than our ability to conserve them is growing. d. steady or falling, meaning that our ability to conserve them is growing more rapidly than their supplies are dwindling.

Answers

After adjusting for inflation, over time the prices of most natural resources have been steady or falling, meaning that our ability to conserve them is growing more rapidly than their supplies are dwindling. Therefore, the option D holds true.

The rate of inflation can be subjected to constant changes during a period of time. When the inflation is steady, the supplies are assumed to be conserved more and more, and the conditions are not much changed when there is a change in the inflation rates while they are falling.

Learn more about inflation here:

https://brainly.com/question/30112292

#SPJ4

What are 3 scarce economic resources?

Answers

Three limited resources, Natural resources are inherently scarce, including gold, oil, silver, and other fossil fuels.

What are the top 5 limited resources?You undoubtedly already associate scarcity with natural resources like titanium, oil, coal, gold, and diamonds. In fact, they are sometimes referred to as "precious resources" to underline how scarce they are.Natural resources are inherently scarce, including gold, oil, silver, and other fossil fuels. These resources become scarce and their prices may rise as demand outpaces supply. Because of their scarcity and market dominance, some commodities, like diamonds, fetch high prices.Three limited resources, Natural resources are inherently scarce, including gold, oil, silver, and other fossil fuels. These resources become scarce and their prices may rise as demand outpaces supply.  

To learn more about limited resources refer to:

https://brainly.com/question/24371586

#SPJ4

Other Questions
WILL GIVE BRAINLIEST TO CORRECT ANSWERIn a group of 23 students, 2 study both Art and Biology.2 study Biology but not Art.4 study neither subject.Given that a randomly selected student studies Art, what is the probability the student studies Art and Biology? Solve these problemsA= 12+42-7B= 2(-3)+8 8. In a deletion mutation a base my beC. MovedA. Left outB. added in Which statement best supports the claim that George Washington was a popular leader?At the Constitutional Convention, all the delegates voted for Washington to act as the president during their debates.After working on the Constitution, he wanted to retire, not to be part of the new government.He wrote in his will that all enslaved Black people should be freed from Mount Vernon on the death of Martha, his wife. please help fast for my math project and its due today !!!!!!! fasttttb pleaseeee In community ecology we discussed the four main types of Interspecific Interactions. Select the correct answer(s): Group of answer choices Two possible outcomes of competition are resource partitioning and extinction Some bacteria use specialized metabolites (e.g., antibiotics, siderophores) to compete more effectively. Predation has a small impact on microbial community composition in oceans The production/release of antagonistic factors (e.g., lytic compound) to impede competitors is an example of exploitation competition European exploration was motivated by a desire for economic profit. What natural resource did Europeans seek out in West Africa, South America, and a North America? How did they attempt to acquire this resource in each location? Math homework please help look at picture!! briefly describe the goals and scope of social work. she is drinking water change into negative Find the x and y Intercept of x + 2y = -14 What is human trafficking Which of the following statements best explains differences between the finches? A. Some finches were born with beaks that allowed them to have better access to different sources of food. These finches reproduced and passed on their genes.B. The beaks of the finches changed so all of the finches could eat the same types of food.C. The beaks of the finches changed as the species of finches migrated to the same island.D. The beaks of the finches changed as the finches' body sizes changed. The characteristics of type one diabetes Factor quadratic trinomials2x^2+7x+63x^2+5x+2With method X pleaseee:( How do you graph a parent graph? Do you agree with Wittgenstein that philosophy should focus on language? Why or why not? Cultural differences that might influence the guest service experience include all of the following except diet greetings humor marriage What was the Selective Service Act and how did it impact the war? When considering the various resources factors of production which of the following is most likely to represent capital?