Answered

Join IDNLearn.com to access a wealth of knowledge and get your questions answered by experts. Discover detailed answers to your questions with our extensive database of expert knowledge.


For a business owner, insurance is a cost just like any other expenses. How does buying business
insurance and offering insurance to employees affect the business's profit and success?

For A Business Owner Insurance Is A Cost Just Like Any Other Expenses How Does Buying Business Insurance And Offering Insurance To Employees Affect The Busines class=

Sagot :

Rachka103idn

Answer:

It adds an additional expense which means a percentage of profits are depleted. However, it contributes to the wellbeing of the employees showing that they are cherished and have the opportunity to earn benefits which can play a role in motivating them. Due to this it is more likely the workforce would be more comfortable working for the organisation thus leading to a higher chance at success.

We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.