We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The strategies to maintain the competitive position in the market place for Massachusetts Mutual Life Insurance Company - Term Paper Example

Comments (0) Cite this document
Summary
An American Business Enterprise Table of Contents I. Introduction 5 A.Name and Location of the Corporation 5 B.Reason for Choosing the Firm 5 II.Framework of the Business 5 A.A Condensed History of the Firm 5 B.Incorporation of the firm 6 C. Creators and organizers of the firm 6 III.Basic Business Factors 7 A.Operation of the Enterprise 7 1…
Download full paper
GRAB THE BEST PAPER
The strategies to maintain the competitive position in the market place for Massachusetts Mutual Life Insurance Company
Read TextPreview

Extract of sample
The strategies to maintain the competitive position in the market place for Massachusetts Mutual Life Insurance Company

Download file to see previous pages... Strengths And Weaknesses Of Organization 10 C.Human Resource 10 1.Personel Policies 10 2.Skills Required To Accomplish The Mission 11 3.Attitude Towards Employees 11 4. Training Programs 12 5. Incentives And Job Enrichment 12 D. Financing 13 1. Types Of Securities Sold To Public And Its Listing 13 2. Current Performance 13 3. Profit And Loss Of The Company 14 4. Rating by Moody’s and Standard and Poor 14 5. Financial New Generated In Past Years 14 E.Corporate Social Responsibility 15 F. Management 15 1. Strength And Weaknesses Of Management 15 2. Business Policies 16 3. Strategies Used 17 4. Statement About Social Responsibility 17 5. Plans For The Future 17 IV.Conclusion 18 A.Evaluation Of The Firm 18 B. Personal Attainment 19 Work Cited 20 I. Introduction A.Name and Location of the Corporation The name of the company in consideration is Massachusetts Mutual Life Insurance Company (MassMutual) which is situated in Springfield. The marketing name that has been offered for Massachusetts Mutual Life Insurance Company (MassMutual) is MassMutual Financial Group (MassMutual Financial Group, “2010 Annual Report”). B.Reason for Choosing the Firm The main reason behind the choice of MassMutual is that it is one of the biggest life insurance companies in the world and has been successful at attaining 93rd rank in the Fortune 500 list. It has been noted that the company operates for the benefits and the advantages of the members along with its participating policyholders (MassMutual Financial Group, “2010 Annual Report”). II.Framework of the Business A.A Condensed History of the Firm It was in the year 1851 when the company commenced its operation in a single room and had a single objective of assisting the people to protect their families as well as their future. After 160 years of operation, the company is still focusing upon its core objective of assisting the people to safeguard their families. The company operates for the advantage of its beneficiaries and is therefore proud of its long history. In the course of time, the company has offered its millions of customers with financial as well as retirement related securities. The company has also been successful at paying its policy holders with dividends since the year of 1860s. By earning financial strength ratings, the company has achieved remarkable position in the particular sector. The company’s trained professionals comprise of thousands of agents situated all over the United States. The main task of the agents is to understand the customers’ financial goals and therefore serve them to formulate their financial strategies accordingly. Although since inception the company’s core product has been life insurance, it has also been offering its customers with numerous other insurance schemes as well as investment products designed for the individuals, businesses and the families. The institutional investors as well as the nonprofit, corporate, governmental and union employees can as well avail the company’s retirement services (Massachusetts Mutual Life Insurance Company, “Our Company”). B.Incorporation of the firm The company was incorporated in Springfield at Massachusetts in the United States. C. Creators and organizers of the firm The company was incorporated by George W. Rice who had been young insurance representative, selling policies for the company named as Connecticut Mutual Life in Connecticut. His objective was to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The strategies to maintain the competitive position in the market Term Paper”, n.d.)
Retrieved from https://studentshare.org/business/1393552-an-american-business-enterprise
(The Strategies to Maintain the Competitive Position in the Market Term Paper)
https://studentshare.org/business/1393552-an-american-business-enterprise.
“The Strategies to Maintain the Competitive Position in the Market Term Paper”, n.d. https://studentshare.org/business/1393552-an-american-business-enterprise.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
London Life Insurance Company
London Life Insurance Company London Life Insurance Company was formed during 1874 in the region of London in Ontario, Canada. The insurance company by the close of 1988 endeavored to gain a national presence in the Canadian region through its operation spread along various offices created in major cities in Canada.
10 Pages(2500 words)Assignment
Competitive Strategies. Chaos Camera Company Competitive Advantages
Competitive Strategies. Chaos Camera Company Competitive Advantages. This paper analyses the performance of our team in the simulation of a camera company. The company, Chaos Camera Company, was run as a team. The analysis is broken down into various parts: our competitive strategies, competitive advantage and actions of our competitors, our offensive and defensive strategic options, regional strategic approach, decisions supporting strategy execution, improving value chain activities, corporate social responsibility and finally our decision making style.
10 Pages(2500 words)Assignment
Middle Managers Contribution to the Growth of the Multinational Organization in the Global Market Place
According to the report transnational strategies seem to be more popular with multinationals where they endeavor to meet local market needs by adapting to them while meeting global demands. At this level the organization is supposed to have efficient coordination mechanisms for all the subsidiaries that facilitate integration and specialization.
7 Pages(1750 words)Term Paper
The Benefit of Organizational Structure within Corporations
It is principally concerned with comprehending, envisaging as well as influencing the behavior of the individual in the context of an organizational setting. The main features of organizational behavior are that it offers valuable insights into the growth and the development of the workforce towards effective performance.
8 Pages(2000 words)Term Paper
Competition, Monopoly, and Oligopoly & Monopolistic Competitive Market Structure
The research revealed the way oligopoly firms maximize abnormal profits in the market. It revealed the way cartel firms under oligopoly to maximize profit both in the short run and in the long run.
6 Pages(1500 words)Term Paper
Massachusetts Supreme Judicial Court

Massachusetts Supreme Judicial Court is the uppermost appellate court in the Commonwealth of Massachusetts, hearing the limited number of appeals. This report is a culmination of a visit to the court on 1st April 2013, and it captures the workings of the courts and an analysis on its strength and weaknesses.

5 Pages(1250 words)Term Paper
Competitive Strategies used by top companies
In any case, the competition also has a grasp on the market and will come up with its own marketing strategies to trump its rivals. The creation of effective marketing strategies therefore leads to the differences between companies that do well and those that do not meet their targets, essentially becoming failures in that market.
10 Pages(2500 words)Term Paper
The Massachusetts experience with universal health coverage
Different jurisdictions have varying healthcare policies. Some have been appreciated by people in a particular jurisdiction and beyond. Massachusetts is one of the jurisdictions that have made a landmark in having very good healthcare policies. The Universal Health Coverage in Massachusetts has been a success and has inspired the country to follow the same path.
10 Pages(2500 words)Term Paper
Risk Allocation for an Insurance Company
Insurance companies judge their customers based on the variety of risks they have. Insurance companies always try to take adequate money as insurance premiums what they have to pay out to the insured party under the insurance policies that have issued by the insurance company.
4 Pages(1000 words)Term Paper
Insurance
Insurance is a practice that involves a company guaranteeing compensation for a specific loss such as, illness, damage, or even death; in return, the client is
5 Pages(1250 words)Term Paper
Let us find you another Term Paper on topic The strategies to maintain the competitive position in the market place for Massachusetts Mutual Life Insurance Company for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us