Summarize the insurance requirements for a food service business.
Summary should include the types of mandatory insurance (e.g., fire, health, accident, liability, workers’ compensation).
- Why is insurance important?
- Why is risk management important to a food service facility?
- What types of insurance are needed for the operation of a food service facility?
- What resources are available to help evaluate insurance companies?
- How can insurance affect not only the employee but also the business as a whole?
- What type of insurance covers employees injured on the job?
- Who is responsible for maintaining insurance coverage?
- Who determines the amount of liability insurance required for the business?
Related Standards of Learning
- Use critical thinking to generate and respond logically to literal, inferential, and evaluative questions about the text(s).
- Identify and synthesize resources to make decisions, complete tasks, and solve specific problems.
- Analyze multiple texts addressing the same topic to determine how authors reach similar or different conclusions.
- Recognize and analyze use of ambiguity, contradiction, paradox, irony, overstatement, and understatement in text.
- Analyze false premises claims, counterclaims, and other evidence in persuasive writing.
History and Social Science
The student will apply social science skills to understand the role of government in the Virginia and United States economies by
- describing the provision of government goods and services that are not readily produced by the market;
- describing government’s establishment and maintenance of the rules and institutions in which markets operate, including the establishment and enforcement of property rights, contracts, consumer rights, labor-management relations, environmental protection, and competition in the marketplace;
- investigating and describing the types and purposes of taxation that are used by local, state, and federal governments to pay for services provided by the government;
- analyzing how Congress can use fiscal policy to stabilize the economy;
- describing the effects of the Federal Reserve’s monetary policy on price stability, employment, and the economy; and
- evaluating the trade-offs in government decisions.