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Definition for Risk in Insurance: Objective Risk, Subjective Risk

Definition for Risk in Insurance: Objective Risk, Subjective Risk

Definition for Risk in Insurance There is no one definition for risk in insurance. Economists, behavioral scientists, risk theorists, statisticians, and actuaries all of them have their own view of risk. But, risk historically has been defined in terms of uncertainty. Based on this concept, risk is defined as uncertainty concerning the occurrence of a loss. For example, the risk of being killed…

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Ferrari F40 Berlinetta, Coachwork, 1991

The Ferrari F40 Berlinetta This European specification, left-hand-drive Plexiglass sliding-window model Ferrari F40 Berlinetta was ordered by Fabrizio Violati on October 15, 1987, at the official marque dealership Sa.Mo.Car SpA in Rome, Italy. His order number for the car was ‘11146’ and on July 8, 1991 the finished car’s Certificate of Conformity (No 205) was issued by factory engineer Corrado…

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Latest news and headlines from high ranked universities. Academic news for economy, medicine, math, Biology, Chemistry, Environment, Politics, Sport and other subjects.

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Engineers have created a lightweight and durable Insect-sized robot that achieves exquisite control with the agility of a cheetah

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Analysis,Budget,Inventory in E-commerce

SWOT Analysis Your next step will involve taking a high-level, objective look at your business and its internal and external processes. By doing this, you will be able to discover the feasibility of e-commerce for your business. Just because you can create an online store does not always mean that it is in your best interest to do so. An excellent tool to help determine this is a SWOT Analysis. A…

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Do we need E-commerce Strategy

Do we need E-commerce Strategy

Better understanding of e-commerce and its impact on local and global economies as well as local businesses. E-commerce retailers such as Amazon.com, eBay, and Walmart.com have dominated the virtual market-space and changed how consumers shop and how enterprises conduct business. You also learned more about its history than you probably wanted to know, but it helped you understand the foundation…

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Real Estate, Evaluating Neighborhoods.

Real Estate, Evaluating Neighborhoods.

The reputation of particular neighborhoods can be based on many factors. Certain key or essential elements, which we discuss in these sections, differentiate the neighborhoods with good reputations and positive trends from the areas that are stagnant or trending the wrong direction. Schools If you don’t have school-age children, you may not be concerned about the reputation and test scores of the…

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Main Channels for Direct Marketing

Main Channels for Direct Marketing

Direct marketers use various channels for reaching their prospective customers. Such channels include: FACE-TO-FACE SELLING This procedure uses sales call and door-to-door retailing approach. Companies rely heavily on a professional sales force to locate prospects, develop them into customers and grow the business. They also use manufacturers representatives, sales agents to implement direct…

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What is Direct Marketing ?

What is Direct Marketing ?

Direct Marketing Process Direct marketing is the process involved in the selling of goods and sen-ices without the aid of wholesaler or retailer and such activities include direct response advertising, advertising for leads which sales people can follow through to achieve sales. Direct door-to-door selling is also part of direct marketing process. Direct marketing uses various media such as…

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What Affects Wireless Signals?

What Affects Wireless Signals?

Because wireless signals travel through the atmosphere, they are susceptible to different types of interference than are standard wired networks. Interference weakens wireless signals and therefore is an important consideration when working with wireless networking. Interference Wireless interference is an important consideration when you plan a wireless network. Interference is, unfortunately,…

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Make a Bird House

Make a Bird House

Unless you have musician neighbors, the prettiest sound you’ll hear in your backyard is the call of songbirds. Of course, that means you have to invite them into the yard in the first place, and there’s no better invitation than a short-term rental your feathered friends can call their own. The challenge is that small songbirds will only stay in a residence where they feel safe. If the entry hole…

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Why Rental Properties is So good for a business?

Why Rental Properties is So good for a business?

It’s no secret that Rental Properties is So good as a business. Sure, flipping and wholesaling properties might be fun. Notes and tax liens might have fewer tenants. The stock market might be more popular. But rental properties are my true business love. Here is explanation. Ability to Purchase with Leverage.Rental properties are great because you can borrow the bank’s or someone else’s money to…

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E-commerce connections between participants

E-commerce connections between participants

A common classification of EC is by the type of the transactions and the transacting members. The major types of EC transactions are listed below. Business-to-Business (B2B) Business-to-business (B2B) EC refers to transactions between and among organizations. Today, about 85% of EC volume is B2B. For Dell, the entire wholesale transaction is B2B. Dell buys most of its parts through e-commerce,…

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The E-commerce Framework, Trends, Content.

The E-commerce Framework, Trends, Content.

E-commerce Framework E-commerce Framework: According to the U.S. Census Bureau (2016), e-commerce sales in 2015 accounted for over 50% of total sales of all manufacturing activities in the United States, over 25% of merchant wholesalers, 7.5% of all retailing (vs. 4.7% in 2011), and 2% of all sales in selected service industries. The grand total of EC in 2015 has been $4000 billion as seen in…

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Computers History

Many discoveries and inventions have directly and indirectly contributed to the development of the PC and other personal computers as we know them today. Examining a few important developmental landmarks can help bring the entire picture into focus. The first computers of any kind were simple calculators. Even these evolved from mechanical devices to electronic digital devices. The following is a…

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Types of Skin We Have

Types of Skin We Have

Your skin falls into one of these five categories: Normal, Oily, Dry, Sensitive and Combination. Each of these has its own unique characteristics that should be factored in before starting any skin treatment regimen. Let’s learn more about each type: Normal Skin Normal skin feels elastic and looks vibrant and fresh at all times. People with normal skin should consider themselves very lucky…

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Basics of a Solar-Electric System,photovoltaic

The science of turning sunlight directly into electricity is known as photovoltaic s (PV), referring to photons of light and volts of electricity. Here’s your 10-second lesson on how photovoltaic works: Solar panels, properly called PV modules (see ), contain solar cells, which are most commonly made of layers of silicon, a semiconductor material made from sand (also the namesake of Silicon…