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2 November, 13:46

1. all of the following are uninsurable risks except

A. lack of customers

B. a flood

C. poor management

D. unproductive employees.

why is firing a family member who is an employee different from firing an unrelated employee?

A. It can cause tension

B Families are more likely to work problems out together.

C. It is not possible to fire an employee in a family business.

D. Family - owned businesses have different regulations than other businesses

3. Many franchises require franchisees to pay royalties.

true of false

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Answers (1)
  1. 2 November, 14:15
    0
    1. The answer is: B. a flood

    In business, a risk would be considered as 'uninstallable' if the insurance provider has a high chance of losing their money. Damage from natural disaster is very unlikely to occur to their clients, which is why many insurance companies would still provide coverage for flooding.

    2. A. It can cause tension

    Under normal circumstances, the professional and personal life of those who work in company is completely separated. So most managers would not have to face the employees that they fire any longer.

    But, when we fire family members, we would most likely see them again on some occasion. This would definitely cause tension among those involved.

    3. That statement is true

    Franchises see that by having the right to display brand, the franchisees would had a definite advantage over other competitors in the same market.

    Because of this, they often require franchisees to pay royalties. The sum usually based on the percentage of the amount of sales that the franchisees manage to obtain from their operation.
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