What happens when an insurance company is able to segment a market on the basis of needs
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
For a segmentation strategy to work an insurance company must have a clear understanding of customer ...View the full answer
Answered By
Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
- Front end languages: css, HTML, Javascript, XML
- Frameworks: Angular, Jquery, Bootstrap, Jasmine, Mocha
- Back End Languages: Java, Javascript, PHP,kotlin
- Databases: MySQL, PostegreSQL, Mongo, Cassandra
- Tools: Atom, Aptana, Eclipse, Android Studio, Notepad++, Netbeans.
Having a degree in Computer Science enabled me to deeply learn most of the things regarding programming, and i believe that my understanding of problem solving and complex algorithms are also skills that have and will continue to contribute to my overall success as a developer.
I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Marketing questions
-
An insurance company is analyzing three bonds and is using duration as the measure of interest rate risk. All three bonds trade at a yield to maturity of 10 percent, have $10,000 par values, and have...
-
An insurance company is offering a new policy to its customers. Typically the policy is bought by a parent or grandparent for a child at the childs birth. The details of the policy are as follows:...
-
An insurance company is evaluating a new software system designed to reduce the time for claims processing. The fixed costs with the new system are $120,000 per year. The average variable costs with...
-
b) Calculate the Fault Level in MVA if a symmetrical bolted 3-phase fault occurs on the LV side of the 5MVA Transformer at 11kV c) The Tranformer impedance is 6% - Calculate the short circuit current.
-
Why are more organizations adopting ABC systems?
-
Esplanade Company was formed on December 1, 2011. The following information is available from Esplanades inventory records for Product BAP. A physical inventory on March 31, 2012, shows 1,500 units...
-
Consider the Navier-Stokes equations as written in Eq. 6.158. Write the physical meaning of each term in the equation; for example, "The term \(ho \mathbf{g}\) is the gravity force (or weight) per...
-
How is it possible for a company with positive retained earnings to be unable to pay a cash dividend?
-
A boy coasts down a hill on a sled, reaching a level surface at the bottom with a speed of 15 m/s. If the coefficient of friction between the sled's runners and the snow is 0.11 and the boy and sled...
-
Customers arriving at a service center are assigned to one of three categories, with category 1 given the highest priority. Records indicate that an average of nine customers arrive per hour and that...
-
For an automobile purchase, how are customer needs shaped, and what role do these forces play in the segmentation process?
-
How do firm demographics help shape business-to-business customer needs for commercial printers?
-
Phosphoric acid can supply one, two, or three H 3 O+ ions in aqueous solution. Write balanced equations (like those for sulfuric acid on page 142) to show this successive loss of hydrogen ions. Data...
-
What is expropriation and how does it take place?
-
What three conditions are required for the Sale of Goods Act to apply to a frustrated contract? Does the Act apply to a case where the goods have been impounded by the government?
-
What is the main difference between the registry system of registration and the land titles system?
-
How is electronic registration connected to the expansion of the land titles system?
-
What must a prospective purchaser of land do to ensure that the vendor has the right to transfer the property clear of any claims? Does the purchase of title insurance change this answer?
-
Solve. 2x 2 = 6x
-
What are the four types of poultry production systems? Explain each type.
-
Discuss the basic trends over the past 30 years with regard to total wholesale sales for (a) Merchant wholesalers; (b) Manufacturers sales branches and offices and (c) Agents, brokers and commission...
-
Describe the distribution tasks that wholesalers are especially well suited for performing.
-
The average size of retail units (as measured by sales volume) has been increasing. What are some of the implications of this trend for channel management in producing and manufacturing firms?
-
Superior Micro Products uses the weighted - average method in its process costing system. Data for the Assembly Department for May appear below: Materials Labor Overhead Work in process, May 1 $ 1 9...
-
Vista Distributors purchases inventory in crates of merchandise. Assume the company began July with an inventory of 30 units that cost $300 each. During the month, the company purchased and sold...
-
Blue Company changed depreciation methods in 2025 from double-declining balance to straight-line. Depreciation prior to 2025 under double-declining-balance was 592,400, whereas straight-line...
Study smarter with the SolutionInn App