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An $800,000 property has 1/10 of 1 percent chance of catching fire that will cause damages of $100,000, and 1/20 of 1 percent chance of catching fire that will completely destroy the property. Management decided to insure the property and it is reviewing two possible insurance policies:
1.) A policy with $50,000 deductible: that is, the insurance company covers all damages except the initial $50,000. The annual premium for such a policy is $750.
2.) A no-deduction (fully paid) policy with an annual premium of $1,000.
If the company's objective is cost minimization, which policy should it purchase?
As the number of individuals with cognitive impairment continue to rise, so will the number of people with questionable capacity to make health care decisions and give informed consent.
Differentiate between leadership and management roles, and provide specific examples from the text, literature, or personal example.
Using this week's lesson and resources as a start, locate three reputable sources that inform you about the process of organizational design (you can include non-journal sources for this assignment). Discuss an example where optimal (or improved)..
Scenario: A local private school has aging hardware and software in its classrooms. Students, teachers, and parents have complained and are asking the school's directors to purchase new technology to better prepare students for life after graduat..
Describes the effective strategies you would bring about in the organization to avoid further violating the OSHA guidelines and safety measures. Explains your step by step plan of action while trying to show the boss the various ways in which his ..
International Business Class we are writing a paper about why governments intervene in trade. I was wondering how exactly trade dependency affects developing nations? And, who benefits from tariffs, quotas etc.
Determine how they saved their company by using the systems thinking method. Identify three to five major concepts of systems thinking and then explain how when applied they worked for Clark's;
Examine the linkage between Generic Strategy with Five Forces analysis. Use an example of your choice.
Why is it that the US has such slow economic growth, but has one of the best economies in the world?
There are two ratios which are used to measure airline performance. One measures efficiency while the other measures equipment utilization. Is this sufficient? In 200 - 250 words, describe two other metrics you think airlines should develop to ..
Illustrate what can we do to mitigate the problem associated with questionable information found on sources such as wikis?
Reflection
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