Understanding Business
Understanding Business
11th Edition
ISBN: 9780078023163
Author: William G Nickels, James McHugh, Susan McHugh
Publisher: McGraw-Hill Education
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Chapter 15.3, Problem 15.3AQ
Summary Introduction

To determine: Functions that a realtor provide during house sale.

Introduction: A real estate agent who helps the customers in purchase of home and related activities is known as a realtor.

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Discuss and explain the basic risks faced by financial intermediaries. (Risks are in image attached)
You have received the following email from a new client who having recently been made redundant has set up his own construction business, abnd is now asking for some advice. ' Hello, As you know I recently won a large contract to construct a new housing estate. It's likeyI will need to generate extra financing over the coming months to help fund this rapid growth. For now though my concern is what form my new business should take. What are the relative advantages and disadvantages of trading as a sole trader as opposed to trading as a company. Which form of business do you think will be more approriate for my business and why? I look forward to your reply' Can you please draft a response to the client's email?
There are some possible channel conflicts in insurance industry. Especially speaking about Lemonade, there could be many conflicts that may occur. Since the company is completely online, it could cause many of its consumers with some doubt while working with them. Since they’re working only online it could worry some possible customers since they do not have the reassurance of being able to go in person to speak with an employee. The company would have to truly show its customers that they have created multiple forms of communication to make sure the customers are being heard in the way that they like. Being fully online could also be very beneficial in today’s day and age because so much is being transitioned to online, it will show the company is moving toward the future.  I do believe that there will be more insurance companies like Lemonade in the very near future. So much of our daily lives have been switched over to technology and this would be another be leap for the insurance…
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