Why do you want to avoid insurance policies that have multiple restrictions or cover only very specific circumstances?
What will be an ideal response?
It is much better to buy insurance coverage that protects you no matter what the circumstances. Insurance policies that have multiple restrictions and few opportunities to redeem the policy, or that only cover very specific circumstances, should be avoided in most cases. For example, why buy flight insurance? It's better to have a life insurance policy that covers nearly any possible event. The amount of money you spend for the limited coverage results in very little coverage per dollar spent. Thousands more deaths result from drunk drivers than from plane crashes. While an accidental death policy sounds like broad coverage, since we can die "accidentally" in a thousand ways, it only pays if the death results from an accident. Any other type of death (such as from any number of illnesses) is not covered. Buy an insurance policy that pays your beneficiaries no matter the circumstances of your death.
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According to your textbook, a slideument is
A) typically used as a short video to introduce a workplace presentation. B) sent to your audience ahead of time to help them preview your topic. C) a hybrid slide that tries to function as a presentation visual and a printed document. D) an effective vehicle for delivering information during a business presentation. E) a helpful summary of your presentation, distributed to the audience just as you begin.
Mitchell Company prepares monthly financial statements and will record.a prepaid account for each of the following except:
a. Mitchell paid for three months of window washing services in advance. b. Mitchell purchases a four-year casualty insurance policy. c. A tenant that pays Mitchell for six months of rent in advance. d. Mitchell purchases office supplies to last for several months.
Suppose Japan produces Widget A at the lowest cost. Then, Sweden discovers and uses new technology to produce Widget A at a slightly lower cost. What could Japan do to increase its comparative advantage in Widget A?
a. Japan could specialize on aspects of Widget A for which it is more productive relative to Sweden. b. Japan can produce less of Widget A. c. Japan can use its manufacturing sector to produce a different kind of widget. d. Japan can continue to produce Widget A with no changes in production.
You are deciding which approach would be best to use to determine what milk drinkers consider the best food to accompany a glass of milk. Which qualitative technique would you choose and why?
What will be an ideal response?