HAPPY INSURANCE
Observe the HAPPY INSURANCE DATABASE:
CLIENT AGENT AREA

question 3

Essay

HAPPY INSURANCE
Observe the HAPPY INSURANCE DATABASE:
CLIENT

$$\begin{array} { l l c l } \text { ClientID } & \text { ClientName } & \text { CientAgent } & \text { ClientSpouseName } \\\text { C111 } & \text { Tom } & \text { A1 } & \text { Jenny } \\\text { C222 } & \text { Kain } & A 1 & \text { Bill } \\\text { C333 } & \text { Cole } & A 2 & \text { Amy } \\\text { C444 } & \text { Dorothy } & A 2 & \\\text { C555 } & \text { Anay } & A 3 & \text { Amy } \\\text { C666 } & \text { Tina } & A 3 & \text { Matt } \\\text { C777 } & \text { Christina } & A 4 & \text { Mike }\end{array}$$ AGENT
$$\begin{array} { l l l l l l } \text { AgentID } & \text { AgentName } & \text { AgentArea } & \text { AgentRating } & \text { AgentYearOfHire } & \text { SupervisedBy } \\\text { A1 } & \text { Kate } & 1 & 101 & 1990 & \\\text { A2 } & \text { Amy } & 2 & 92 & 2009 & \text { A1 } \\\text { A3 } & \text { Luke } & 3 & 100 & 1992 & \\\text { A4 } & \text { James } & 3 & 90 & 2010 & \text { A3 }\end{array}$$ AREA
$$\begin{array} { l l l } \text { ArealD } & \text { AreaName } & \text { AreaHQ } \\1 & \text { East } & \text { Boston } \\2 & \text { West } & \text { San Francisco } \\3 & \text { Central } & \text { Chicago }\end{array}$$
This database will be used for the following questions citing tables from the HAPPY INSURANCE database.
-Show the CREATE TABLE statements for HAPPY INSURANCE database for the table CLIENT (assume that non-primary key columns can be optional)with the DELETE CASCADE option for its referential integrity constraint.

Differentiate between product failure reasons and successful marketing strategies.

Grasp the concept of derived demand in the context of business products.

Learn various methods for generating new product ideas and the role of innovation.

Understand the various reasons why new products fail in the market.

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Definitions:

Actual Price Level

The current general price of goods and services in the economy.

Expected Price Level

This refers to the anticipation or forecast of future prices of goods and services in the economy, often influencing consumer and business decisions.

Foreign-Currency Exchange

The process of exchanging one currency for another, which involves determining the rate at which two currencies will be swapped.

Aggregate Demand

The total demand for all goods and services within a particular market or economy at various price levels, during a specified time period.