The New Manager of the Insurance Division Does Not Understand

question 13

Essay

The new manager of the insurance division does not understand how the company can have so many overhead rates for assigning costs to the activities of the company's life insurance underwriters.There is one rate schedule for average assignable costs when agents write standard policies.There is another rate schedule which the agents must complete when they write special policies,and these policies are costed out differently from those that are categorized as standard policies.
Required:
a.Why might the company have different costing systems with different overhead rates for the standard and specialized policies?
b.Which rate (standard or specialized)would cross-subsidize the other if the company used only one set of overhead rates for costing its policies?

Identify the pros and cons of trait theories of personality.

Explain the process and importance of primary and secondary appraisals in stress management.

Articulate the criticisms and appreciations of Freudian theory in contemporary context.

Explain Freud’s structural model of the psyche and its functions.

---

Definitions:

Parenting Difficulty

Challenges and obstacles faced by individuals or couples while raising children.

Stepchildren

Stepchildren are children of one's spouse from a previous relationship, creating blended family dynamics.

Losing a Job

The process or experience of being terminated or laid off from employment, often leading to a period of unemployment and requiring job search activities.

Closed Adoptions

A type of adoption where there is no exchange of information or contact between the biological and adoptive families.