Price gaps Study guides, Class notes & Summaries

5 Ways Insurance companies spread risk - ️️-Share risk with other insurance companies (for very large risk, several insurers subscribe to percentage of risk) -Reinsure the risk -deductible -spread risk over diverse geographical region (soften risk of localized disasters) -form risk pools (syndicates of insurance and reinsurance companies, organized to underwrite particular risk) Two principles of insurance - ️️1. Premiums of the many are used to pay the losses of the few (risk t...

Entrepreneurship (academic) Process by which individuals pursue opportunities without regard to resources currently controlled Venture Capitalist Art of turning an idea into a business What do entrepreneurs do? assemble and integrate resources needed to transform an invention or idea into a viable business Four primary Characteristics of successful entrepreneurship 1. Passion for venture 2. Tenacity despite failure 3. Customer focus 4. Execution intelligence Fo...

C16 Business of Insurance Questions and Answers Already Passed 5 Ways Insurance companies spread risk -Share risk with other insurance companies (for very large risk, several insurers subscribe to percentage of risk) -Reinsure the risk -deductible -spread risk over diverse geographical region (soften risk of localized disasters) -form risk pools (syndicates of insurance and reinsurance companies, organized to underwrite particular risk) Two principles of insurance 1. Premiums of t...

NASCLA Business Law and Management Exam Questions With 100% Correct Answers | Latest Update 2024/2025 | Rated A+. Sole Proprietorship - Correct Answer-a business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - Correct Answer-Business organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - Correct Answer-Corporations that have no restrictions on who owns their shares or the number o...

5 Ways Insurance companies spread risk : -Share risk with other insurance companies (for very large risk, several insurers subscribe to percentage of risk) -Reinsure the risk -deductible -spread risk over diverse geographical region (soften risk of localized disasters) -form risk pools (syndicates of insurance and reinsurance companies, organized to underwrite particular risk) Two principles of insurance : 1. Premiums of the many are used to pay the losses of the few 2 | P a g e (r...

CMT Level 1 Exam Questions and Answers 100% CorrectCMT Level 1 Exam Questions and Answers 100% CorrectCMT Level 1 Exam Questions and Answers 100% CorrectCMT Level 1 Exam Questions and Answers 100% CorrectCMT Level 1 Exam Questions and Answers 100% Correct DeMark or Williams Method - ANSWER-Reversal point where at a bottom there are two bars with higher lows on each side and at a top there are two bars with lower highs on each side. Gann 2 Day Swing - ANSWER-A reversal point where a low or hi...

DBIA Actual Test Questions And Answers With Verified Complete Solution. Project Delivery System - Correct Answer-How team members are organized, establishes when parties engage, determines roles of parties, and determines sequence of design, procurement, and construction (db, cmar, dbb) Procurement Method - Correct Answer-how team members are selected (QBS, best value, low price, sole source) contracting approach - Correct Answer-how team members are paid (fp, gmp, cost reimbursement, tar...

NASCLA Business Law and Managment EXAM SC Questions with Correct Answers Sole Proprietorship - answera business owned and managed by a single individual Simplest form to set up unlimited Liability Partnerships - answerBusiness organizations in which two or more persons share responsibilities, costs, profits, and losses. C Corporations - answerCorporations that have no restrictions on who owns their shares or the number of shareholders; they cannot qualify for subchapter S tax treatment and are s...

DBIA Actual Test Questions And Answers With Verified Complete Solution. Project Delivery System - Correct Answer-How team members are organized, establishes when parties engage, determines roles of parties, and determines sequence of design, procurement, and construction (db, cmar, dbb) Procurement Method - Correct Answer-how team members are selected (QBS, best value, low price, sole source) contracting approach - Correct Answer-how team members are paid (fp, gmp, cost reimbursement, tar...

Defense Acquisition University ACQ 101/ACQ101 all module tests Fall 2022 Questions and correct Answers. Defense Acquisition University; ACQ 101 all module Exams 1) A system can be defined as: All elements (e.g., hardware, software, logistics support, personnel) needed to assist the Department of Defense (DoD) to conduct its mission of deterring or winning war The deployment and fielding processes used by the Department of Defense (DoD) to conduct its mission of deterring or winnin...