10.3 TYPES OF AGRICULTURE INSURANCE Agriculture insurance is classified based on type of asset, type of risk, type of risk assessment method and risk management method. It can be classified in three categories based on type of Asset-Crop, Livestock and Farm implements. Crop insurance covers protect farmers’ against uncertainty of crop yield arising out of natural reasons beyond their control. Crop insurance is further classified on the basis of type of crop in three categories- food crop, commercial...
ML = building systems that → learn patterns from data (not hand-coded rules) | Labels in supervised classification → Classes/categories | Value predicted in regression → Target (numeric) | Unsupervised task example → Clustering blog visitors | Logistic regression used for → Classification | Visualization algos (2D/3D output) → Unsupervised learning | Batch learning → Trained offline on full dataset, then deployed | Online learning useful when → Data streams continuously, system adapts
*Business Communication-* is the process of exchanging information, ideas, messages, or instructions between people within an organization or between the organization and its stakeholders to achieve business goals effectively.
Example:A manager sends an email to employees informing them about a new work schedule. This exchange of information is business communication.
*Scope of Business Communication*
Internal Communication – Communication among employees, managers, and departments.
External Communication
Formula: Capacity utilisation = (Actual output ÷ Maximum capacity) × 100
a)Capacity utilisation is the percentage of a business's maximum production capacity that is actually being used. It is calculated by dividing actual output by maximum possible output and multiplying by 100. A high capacity utilisation means resources are being used efficiently, while a low capacity utilisation indicates spare capacity.
b)The ship has a maximum capacity of 16,000 containers.
2014: (14,500 ÷ 16,000) × 100
# Briefly explain the advantages and disadvantage of long term debt.
-> Long-term debt is money borrowed by a business that is repayable after more than one year. It includes bank loans, debentures, bonds, and mortgages. It is mainly used to finance fixed assets and business expansion.
Advantages of Long-Term Debt
1. Retains Ownership: The lender does not become an owner, so existing shareholders maintain full control of the business.
2. Tax Benefit: Interest paid on long-term debt is tax-
Definition: Studies the interaction between environment and behaviour.
Scope: Natural environment • Built environment • Human behaviour • Resource conservation.
Emergence:
Hellpach – first used the term.
Egon Brunswik & Kurt Lewin – founding fathers.
Became independent in the 1960s.
Biological Science – Biological basis of behaviour.
Ergonomics – Design according to human needs.
Community
मानवी भूगोलाच्या अभ्यासात विविध दृष्टीकोनांचा वापर केला जातो. त्यांपैकी प्रमुख दृष्टीकोन पुढीलप्रमाणे आहेत:
1. प्रादेशिक दृष्टीकोन (Regional Approach):
एखाद्या विशिष्ट प्रदेशातील लोकसंख्या, संस्कृती,