Question
An arrangement between two insurance companies whereby
one transfer is a part of risk to other company is called?Solution
The correct term for the described arrangement is "Reinsurance." It involves one insurance company (the ceding company) transferring a part of its risk to another insurance company (the reinsurer) in order to mitigate its overall risk exposure. This allows the ceding company to manage its liabilities more effectively.
In advertising, Frequency is defined as the:
In planning and obtaining publicity, a frequently used tool is the:
Quick response and efficient consumer response delivery systems are most closely related to:
The likely final outcome of poor segmentation is?
According to one of the world's largest publishers, it was unprepared for recent increases in the demand for books about security. To prepare for the sh...
The means by which the advertising message is communicated to the target audience is through:
When a businessman issues many ads in different langages and distributes in different areas he is recognizing the importance of:
A marketing strategy is the means by which a marketing goal is to be achieved. Two factors that usually characterizing a marketing strategy are:
In physical distribution decisions, total logistics cost includes each of the following EXCEPT:
In a situation where coffee bean prices doubled, resulting in the price of coffee doubling as well, consumers may switch to tea, where the prices remain...
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