Examlex
Whereas executives specify roles and relationships in a functional structure in terms of ________, they use the divisional structure format to specify them according to ________.
Homeowners' Insurer
An insurance company that provides policies to homeowners, covering losses and damages to an individual's house and assets in the home.
Bad Faith
An intent to deceive or act dishonestly in fulfillments of contractual obligations or negotiations.
Compensatory
Relating to compensation, this term refers to benefits or payments awarded to individuals as restitution for loss, damage, or injury suffered.
Punitive Damages
Financial restitution given to a victim that surpasses the required amount for compensating damages and serves to discipline the perpetrator.
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