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Describe the Decision Rule for Nonsimple Investments?
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- Why is it important for managers to take ethical diversity into account?H applied for a individual major medical policy. When H filed a claim within the first year of coverage and the underwriter noticed that the H's age on the claim form was different than what was listed on the application. The insurer will take which of the following actions regarding H's claim? A: Deny the claim and refund premiums B: Deny the claim, cancel the policy and keep all premiums C: Pay the claim in full and keep the policy as is D: Adjust the claim benefit amount to the insured's correct ageChoice of a neighbourhood is a function of economic parameters likeincome, wealth, and occupation. Social factors such as religion, caste,other group identity etc. also influence the decision of where to live.Demographic factors such as constituents of the family and number ofdependent members are also important. Family with more number of kidsis likely to prefer housing in an area with educational institutions.Similarly, family with more number of elderly will prefer a place wheremedical assistance can be quickly reached. Choice of neighbourhoodbecomes extremely important, as it affects the quality of life in a largeway. There are external effects of neighbour’s behaviour on one’s lifestyle. If the neighbours are very social and of high moral values, there areno clashes and disturbances. However, if one is not lucky enough to havea good and understanding neighbour, things can come to a level, wherethere can be fights and legal suites. One such example happened in mysociety recently.…
- Describe three best practices to observe when producing a WBS?How do we determine the true I RR of a mixed investment?Different investors contribute their funds and collectively invest them based on their common objectives. The interest from their investments will then be distributed equally. * A. Building SocietiesB. None of the choices.C. Collective Investment SchemeD. Insurance CompaniesE. Escrow Companies