An Example of Deregulation Is

question 43

Multiple Choice

An example of deregulation is

• A)allowing different bus companies to compete with each other in the same city.
• B)making sure health and safety is maintained.
• C)reducing competition to encourage economies of scale.
• D)protecting workers rights.

Understand the necessity and types of insurance for specific natural disasters.

Recognize the reasons and benefits behind premium discounts in insurance policies.

Understand the relationship between insurance laws and personal financial responsibility requirements.

Understand the concept of liability in both property and personal contexts within insurance policies.

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Definitions:

Childless/Parentless Employees

Workers who do not have children or living parents, which can influence their benefits needs or workplace accommodations.

Portable Benefits

Benefits that can be retained by employees even when they change employers, promoting flexibility and job mobility.

Profit-sharing Programs

Compensation strategies where employees receive a share of the company's profits, providing an incentive for performance and productivity.

Risks

Potential events or circumstances that could lead to negative outcomes, affecting objectives negatively.