「concept」の投稿一覧

Concept 📸

Concept of understanding

The man👨🏽‍🦱doesn’t know that there is a snake 🐍underneath. The woman🙍🏽‍♀️doesn’t know that there is a stone crushing the man. The woman 🙎🏼‍♀️thinks: “I am going to fall! And I can’t climb because the snake 🐍is going to bite me! Why can’t the man 🧔🏼use a little more strength and pull me up!” The man 🧑🏾‍🦲thinks: “I am in so much pain! Yet I’m still pulling you as much as I can! Why don’t you try and climb a little harder!?” The moral is— you can’t see the pressure the other person is under, and the other person can’t see the pain you’re in. This is life, whether it’s with work, family, feelings or friends, we should try to understand each other. Learn to think differently, perhaps more clearly and communicate better. A little thought and patience goes a long way. 🙏 Class dismissed 🥂

The Concept of Assignment in Insurance

The assignment process is a fundamental aspect of the insurance industry, wherein the policyholder transfers their policy rights to another individual or entity. This transfer can occur due to several reasons, such as a change in policyholder's needs, financial circumstances, or a desire to gift the policy to a loved one. Assignments can be partial, where only a portion of the policy is transferred, or complete, where the entire policy rights are handed over.

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Concept of Scarcity and Choice

Human wants are unlimited but resources are limited. So, today’s economist have to deal with a wide range of economic problem like poverty, unemployment, inflation, and shortage of high skilled labour, problems of global warming, and many other problems. This is the fact that we have scarce resources to satisfy our unlimited wants. As a result of this problem, the next problem scarcity creates is to make a choice for all. So, scarcity and choice are the basic problems in economics. A situation i

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