BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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State which of the statements given below is correct .
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An organisation can exist only with employees
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An organisation can exist only with different sections
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An organisation can exist only with its own office building
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An organisation can exist without a purpose
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An organisation will grow as years pass by
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Explanation:
Detailed explanation-1: -The general insurance cover that is mandatory is third-party liability car insurance.
Detailed explanation-2: -The principle of indemnity does not apply to Life and Personal Accident insurance.
Detailed explanation-3: -The principle of insurance under which the compensation paid to the insured which is equal to the actual loss is indemnity.
Detailed explanation-4: -management skills apply to managers at top levels in an organisation is true about managers within an organisation.
There is 1 question to complete.