Why would a business owner want to insure against smaller potential losses?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
Smaller potential losses present a smaller threat to busin...View the full answer
Answered By
Muhammad Rehan
Enjoy testing and can find bugs easily and help improve the product quality.
4.70+
10+ Reviews
10+ Question Solved
Related Book For
Small Business Management Launching & Growing Entrepreneurial Ventures
ISBN: 978-1133947752
17th edition
Authors: Justin Longenecker, William Petty, Leslie Palich, Frank Hoy
Question Posted:
Students also viewed these Management Leadership questions
-
Why would a business pursue an adjacent-segment strategy when several other segments are also attractive and offer good profit potential?
-
Why would a business use an experiential brand name versus an evocative brand name?
-
Why would a business use multi-segment pricing early in the late-growth stage of the product life cycle?
-
1. Underline the word at right that best describes the client's: 2. Discuss appropriate client objectives: A. Risk B. Return Case Facts Type of mvestorInstututional; endowment Purpose Asset base...
-
According to an analysis, a sample of phosphate rock contains 74.6% Ca3(PO4)2, by mass. How many grams of phosphoric acid, H3PO4, can be obtained from 30.0 g of the phosphate rock according to the...
-
D. Lawrance designs and manufactures fashionable mens clothing. For the coming year, the company has scheduled production of 40,000 suede jackets. Budgeted costs for this product are as follows: The...
-
Suppose $Y$ has a half-normal distribution with variance $\sigma^{2}=1$. Let $y_{p}$ be the $p^{t h}$ quantile of $Y$ such that $p=F\left(y_{p} ight)$ and $\Phi$ be the CDF of the standard normal...
-
Stone Corporation is a manufacturing company that makes small electric motors it sells for $45 per unit. The variable costs of production are $25 per motor, and annual fixed costs of production are...
-
Statement 2: If Anton invested in a project that has a net present value of $1,000,000 at 12% cost of capital, the internal rate of return must be higher than 12%. Assume that the project has...
-
During the month of June, Bon Voyage Travel recorded the following transactions: 1. Owners invested $25,000 in cash to start the business. They received common stock. 2. The month's rent of $500 was...
-
Describe the different sources of legal liability.
-
What is the purpose of a coinsurance clause and how does it work?
-
Hewitt Rug Company makes two types of rugs, seasonal and all-purpose. Both types of rugs are hand-made, but the seasonal rugs require significantly more labor because of their decorative designs. The...
-
In Problems 11-18, find the three measures of central tendency (the mean, median, and mode). \(17,18,19,20,21\)
-
Why would a company purchase a subsidiary rather than simply establish a new subsidiary ofi ts own?
-
Using Figure 14.12 (Problem 6), what is the total change in benefits at the time the recession ended, as compared with the previous year? Data from Problem 6 Consider the graph shown in Figure 14.12....
-
Parent Ltd. acquired 100% of the voting shares of Sub Ltd. on January 1, 2006, for $1,255,000. The financial statement of Sub Ltd. on the date of acquisition was as follows: The inventory will be...
-
Do you agree or disagree that DSM should be updated every several years? Why? What makes abnormal behavior so variable?
-
What does the following code display? name = 'joe' print(name.lower()) print(name.upper()) print(name)
-
1. Advertising for eyeglasses _________ (increases/decreases) the price of eyeglasses because advertising promotes _________. 2. An advertisement that succeeds in getting consumers to try the product...
-
In the middle of the Indian Ocean, the tsunami referred to in the passage was a train of pulses approximating a sinusoidal wave with speed \(200 \mathrm{~m} / \mathrm{s}\) and wavelength \(150...
-
Why do some firms now think in terms of value webs instead of value chains?
-
How does perish-ability affect the delivery of services?
-
Ethical Consideration. How does societys concern for the environment affect a companys facility location and layout?
-
exploration of the history of street art and its controversies of ppt/quicktime video.
-
Solve the following problems. Reduce answers to their lowest terms. Box your answers. 1 5 1.+ -= 4 12 2 2.- + 3 9 = 11 Convert improper fractions to mixed numbers. 2 11 3. + == 5 12 4 4 4. 12 7 5.35...
-
When average consumer income increased by 6%, BakeCo oven cleaner sales increased from 21,000 units to 22,500 units. Given this information,what is income elasticity for BakeCo oven cleaner ?
Study smarter with the SolutionInn App