The correct answer is B. The person or group of people who will receive your life insurance money
Explanation:
A beneficiary refers to an individual that receives a benefit or good derived from another person or factor. In the case of life insurance, that is a program in which you pay money to an insurance company in exchange of death benefit (money paid to others once you die), the beneficiary or beneficiaries are those that will receive the money you pay for in your life insurance after you die or in some cases after other circumstances. Due to this, the beneficiaries are often close relatives of the person paying the life insurance. This implies a beneficiary is "The person or group of people who will receive your life insurance money".
Zero based budget the best method of budgeting - Reason:
Zero-based budgeting (ZBB) is a budgeting method where all expenses of each new phase have to be justified. The zero-based budgeting process beginning at zero bases and each component is examined for its requirements and expenses within an organization.
Zero-based budgeting can help to reduce costs by preventing massive increases or reduced to expenditure for the subsequent period. But this has taken far more time than conventional cost-based budgeting. It’s a time-consuming process.
It is also a case of actual revenue because their contributions are easier to justify than in customer services and R&D departments.
Answer:
Human needs are the impulse that individuals have to access certain goods or things. Scarcity, in turn, is the lack of goods or things to meet the needs of all humans in general.
Therefore, all human needs could be covered without major problems if the phenomenon of scarcity did not exist, that is, if there were more goods available than those demanded by society.
Without scarcity, human desires for goods and services would be completely satisfied, eliminating trade-offs and opportunity costs. Economic systems would transform due to the abundance of resources, but such a scenario is purely theoretical as scarcity is a central economic issue.
In a hypothetical world without scarcity, human desires would be fully met without the need to make trade-offs. Since scarcity implies that human wants for goods and services exceed the limited supply, removing this limitation means everything would be available in abundance. With no scarcity, every person could have more and better housing, education, and an endless array of products and services without having to sacrifice one desire for another.
Without scarcity, the concept of opportunity cost becomes irrelevant, because choosing one thing does not mean forfeiting another. Economic systems would also look vastly different, as pricing, which often reflects scarcity, would not function in the same way. Having unlimited resources might lead to continuous consumption without the need to allocate resources efficiently or innovate. However, it's crucial to recognize that this scenario is purely theoretical, as in reality, scarcity is a fundamental economic problem driving how societies operate.
Answer: The correct answer is "generic names"
Explanation: Certain brand names, such as Kleenex and Rollerblade, fear they could become generic names,because they are so commonly identified with a specific product category that consumers use these names to refer to any product in that category regardless of the manufacturer.
This happens because the products are so identified with the name or logo of the brand that consumers wanting to refer to a certain product call it by the name of the brand.
Answer:
Bonds refer to debt instruments wherein the issuer raises long term finance and agrees to pay the lenders a fixed coupon rate of payments periodically and principal repayment upon redemption.
Bonds are characterized by following :
marginal cost
marginal revenue
it is part of the marginal benefit