Which of the Following Is Not an Advantage to an Insurance

question 109

Multiple Choice

Which of the following is not an advantage to an insurance company insuring a large group of people for health insurance?

• A)The characteristics of a large group are likely to reflect those of the entire population.
• B)It is easier to accurately predict the number of claims for a group than for an individual.
• C)When all group members pay the premium, the problem of moral hazard is reduced.
• D)When all group members pay the premium, the problem of adverse selection is reduced.

Grasp the significance of the Flynn effect and factors contributing to changes in intelligence scores over time.

Comprehend the impact of enriched environments on intellectual development.

Distinguish between different types of validity and reliability in the context of intelligence tests.

Identify the factors influencing prenatal and infant intelligence.

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Definitions:

Strategic Outsourcing

The practice of delegating certain operational functions to external entities to reduce costs, improve efficiency, or focus on core competencies.

SWOT Analysis

A strategic planning tool used to identify and analyze the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Competitive Advantage

The unique attributes or circumstances that allow an organization to outperform its competitors.

Organizational Resources

Assets, capabilities, and inputs that an organization utilizes to operate and achieve its objectives, including human, financial, and physical resources.