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Each organization attempts to balance its risk and return profile in order to remain in business and also generate the required level of returns according to its risk preferences. However, in order to achieve a balance between the risk and return profile of a firm, it is important that firm must develop and construct strategies that can allow it to generate the kind of value which can balance both the risk and return.
Indemnity to be recovered by the insured would be based on the daily amount insured, deductible and period of loss of income. The parties involved must agree on these three key elements. The indemnity amount would be calculated by multiplying the loss of income period by the daily agreed amount after deducting the deductible.
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Insurance is any method of risk management which is usually used to verge against the danger of a reliant, indefinite loss. It is the equitable transmission of the risk which may arise due to loss, from one unit to another which is paid. An insurer is a company that offers the services of compensation when a risk arises.
The positive aspects of the firm’s communication framework are much more than the negative ones leading to the assumption that the performance of the firm in terms of communication could be characterized as quite satisfactory; potential improvements in this framework would result in the further enhancement of the firm’s communication capabilities.
The market will get an effective supply of the product and the price of the products will reflect the actual worth of the goods i.e. no overpriced or below priced product will be sold in that market will become an effective and growing market as by satisfactions of this condition both the producers and the customers will be benefitted.
Without it, all values would be being monopolized by the government and thereby opening up the public to the dangers of state monopolies. It is the same competitive element that undercuts business administration. It is this competitive element that makes business administration profit-centered and highly capitalist.
It is very important to note that negative perceptions may cause serious damage to the business than the positive perception’s effect on business. Taking precautions anticipating service failures would sharpen the skills of the employees at the time of crisis to put the contingent plans in place without any loss of time.
The principle of rhythm may be difficult to be fully understood, especially due to its similarities to other design principles, such as the principle of balance and the principle of proportion. In practice, the principle of rhythm can be of two different types: uniform rhythm and unequal rhythm (Sumathi 38).
Business ethics refers to a moral code of conduct that is followed in a professional environment “According to The 2011 National Business Ethics Survey by the Ethics Resource Center, released in January 2012, there is both good and bad news about the ethical landscape in American business organizations.”
Intel recognized that the Celeron processor maintained considerable disruptive ability and would ensure growth in revenues if promoted effectively. The business was proactive in identifying that the microcomputer and mainframe had reached their declines, catching the computing market by surprise for Celeron’s sustainability opportunities.
The paper "Business Ethics and Cultural Relativism" is a wonderful example of a Business Case Study. The main aim of any business corporation is to maximize returns on investment. Most companies today are so keen on designing and implementing sustainable corporate social responsibility programs in addition to upholding high standards of ethical practice.
The paper "Ethical Theory and Its Application: Case of Auto Companies in China" is a great example of a business case study. Ethics is a branch of philosophy that is concerned with principles that allow us to make decisions about what is right and wrong. This case study will take a look at several ethical principles and concepts.
The paper "Business Ethics or Ethical Evaluation of Auto Companies" Is a great example of a Business Essay. From the beginning of human civilization to the modern age, the question of morality has been very significant in our societies. Philosophers researched tirelessly on the concept of moral coexistence.
The author states that starting from the process of expansion of the company form a crop-dusting service, then as a passenger service, and again under the war contract directly from the defense department of the U.S Government, and finally attaining then the status of assets acquisition shows the fast development of the Company.
All the three major competitors; Fortune, Forbes and Business Week provides a good amount of information in the content, the language is also as per the demographic group of their customers. Fortune’s customers comprise of elite, high-income group people who belong to middle or old age group and are highly loyal.
Due to the increase in population over the last few decades, the popularity of the need for property in Dubai has also increased. The need for property has further propelled the desire to have a luxurious life and due to the fondness of people of Dubai towards luxury, people are offered a wide range of properties to choose from with unparalleled features implemented in each of them.
The author states that some of the very initiatives for change put in place by Mrs. Field after acquiring La Petite Boulangerie were the reduction of the subsidiary's administrative staff from 53 to three. This means that Mrs. Field decided to work with a lesser number of employees and staff in the new bigger company.
This paper would deal with the size of the Indian aviation market and the major players in the sector. According to IATA, the Indian aviation sector has been ranked ninth. With the open skies policies it has been able to attract too many foreign players and the industry is growing both in terms of players and the number of aircraft.
The current paper focuses on the choice of flag state by shipowners. The literature published in this field has been examined and critically analyzed in order to highlight the factors that can influence a ship owner’s choice of the flag state. Particular reference is made to open register, the flag state chosen for specific maritime activities.
Indemnity means that the insured will only receive compensation to the extent of loss suffered. Indemnity ensures that the insured does not earn a profit from maritime insurance. The insurer undertakes to compensate the assured in monetary terms and not to replace the ship, or the cargo (Jonathan and Jim 2011, p. 58).
The main reason why the maritime activity is leading to optimum economic growth on the global scale is because of the reach of maritime transport when compared to other forms of transportation. “Maritime transport handles over eighty percent of the volume of global trade and accounts for over seventy percent of its value.” (United Nations 2012).
Humans view trust from different perspectives in both real and practical situations. This path of perceiving trust is usually long in a theoretical, mathematical or formal model. For this reason most of the people leave it midway. Nevertheless, those that continue with this path take different routes and thus the path is not unique.
The document is focused on the evaluation of the IT training program by identifying the evaluation plan, stakeholders, evaluation design, data collection and analysis methods, their rationale along with forecasted return over investment. This document would help decision-makers and the stakeholders to make informed decisions regarding training programs.
25 pages (6039 words)
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Entrepreneurship is considered the key to the technological advancement of any economy. Schumpeter argued that the technical performance of any economy largely depends upon the innovative activity which takes place due to entrepreneurial activity. There are primarily two sources of entrepreneurship.
6 pages (1807 words)
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Negotiations may involve several stages, such as greeting, background information exchange, agenda-setting, issue discussion, and final agreement formulation, and different media may be used by negotiators to perform different tasks”(Yuan et al., p.107). All these stages are characterized by different verbal and nonverbal communication processes.
The paper "Human Resource Management at Saudi Aramco Arabian American Oil Company" is a perfect example of a business assignment. To understand Human Resource Management (HRM) in the Saudi Aramco (Arabian American Oil Company) context, it is important to have an overview of the HRM and business systems in the Middle East region.
The paper "Jeff Immelt in Redirecting Strategy - General Electric Company " is an outstanding example of a business case study. The current business environment and performance is a function of globalization and dynamic economies. As such, entrepreneurs and the management team face the challenge to adjust their operation strategy continually.
The paper "Various Strategies for Shefa Herbal Company in the UAE" is a good example of a business case study. Majority of organizations in the UAE’s drug research and development industry are facing challenges. Most of these companies are scheduled to go off-patent in the coming years which means that they are at risk of closure due to patent-related causes which may lead to bankruptcy as a result of low revenues.
The paper "Strategies for Shefa Pharmaceutical Company " is a great example of a business case study. Shefa’a is a pharmaceutical company that faces a challenge of lack of adequate funds and whether it should share the new information on ‘herball’ with Abudhabi’s healthcare. Two of the strategies the company should consider is an equity investment and collaborating with an American Hospital to conduct human tests.
The paper "Major Intercultural Challenges and Communication Issues between China and the US" is a great example of a business report. The purpose of this paper is to provide an analysis of the case scenario provided by East meets West in Shoe Manufacturing Negotiations in pursuit of identification of the major intercultural challenges and communication issues between China and the United States of America.
The paper "Pros and Cons of Standardization of Business Operations for Multinational Corporations " is a perfect example of a business assignment. Some of the pros of standardising business operations for multinational corporations are related to the savings that the corporations make in terms of production and marketing costs (Czinkota & Ronkainen 2007, p. 328).
The paper "Strategic Management in Small and Medium Enterprises" is a great example of a Business Case Study. Services in this industry involve providing photofinishing services for dealing out with analog and digital images. This majorly consists of the photograph digital processing, adjusting and printing, but also comprises of the creation of the analog film.
7 pages (1869 words)
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, Personal Statement
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The author states that he is seeking opportunities for internship in a company that would provide him with some basic experiences to apply what he has learned from his courses so far. After graduation, his goal is to secure a job in the field of human resource management while looking into the possibility of further studies.
The research proposal “CRM Implementation in a Saudi Arabian Organization” is an attempt of the research to indicate an intention to conduct qualitative research on the process of CRM implementation. The proposal has indicated the identified research statement and objectives of the proposed research.
The author states that the fact of case depicts the concept that initiated as a sandwich store; come into sight by Fred DeLuca when he did not have any other option left to pay his fees for his education. This was a suggestion by a family friend after observing the trend of the growing demand for sandwiches.
When we talk of right or privilege issues we essentially talk of invitations to existing stockholders in a company to purchase additional new stocks. The concept underlying the right issues is premised on the understanding that existing stockholders ought to be given priority in the issuance of new shares.
Companies suffer when their employees are not happy or are over-burdened. Eldercare can cost a lot to businesses indirectly. According to the AARP statistic, a business can be forced to spend nearly $6.6 billion to replace employees, because 9 percent of the employees take early retirement or just quit.
Emirates Airlines had become the largest carrier in the Middle East from its humble beginning 26 years ago when it started out with two rented aircraft to retaliate the restriction Gulf Air was imposing on it. The airline operates more than 2400 flights per week to 111 cities located in 62 countries.
Hofstede’s research on National Cultures provides us with a lot of critical analysis that can be applied to overcome and resolve the cross-cultural issues in business. Firstly these cultural dimensions help the management in developing uniform and accurate policies and procedures that will help the employees align with the organizational culture.
8 pages (2275 words)
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, Research Proposal
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Planning is the first and foremost step in the procedure of benchmarking. If planning is well ordered, each and every activity in the firm will be in an orderly manner. The planning in the benchmarking process has to be keen on the various key performance indicators to focus mainly on the efficiency of the performance indicators.
The paper "BHP Billiton Group Macro Environment" is a great example of a business case study. The chosen firm to be used in this analysis is BHP Billiton Group and the company is well known all over the globe and among the world largest diversified resources company. The company is an Anglo-Australian multinational that deals with mining, metals and petroleum and it is a dual-listed company with headquarters in Melbourne, Australia.
The paper "Apple Corporation Strategic Analysis " is a perfect example of a business case study. Apple Corporation is an information technology company that has was found back in the 1970s by Steve Jobs, Ronald Wayne and Steve Wozniak. The firm is based in Cupertino California in the United States, from where it designs and develops computer electronics, software, hardware and other online services.
The paper "BHP Billiton Company Analysis" is an outstanding example of a business case study. BHP is one of the trading entities of BHP Billiton Limited PLC previously referred to as BHP Billiton, is an international mining, metals, and petroleum dual-listed public firm that is headquartered in Melbourne, Australia (BHP Billiton, 2005).
The paper "Internal Environment at Company Q" is a great example of a business case study. Using evidence from the case and theory from the module, analyze the internal environment at Company Q. Critically assess the extent to which they have achieved strategic fit throughout their growth. In your opinion, have Company Q adopted a market based or resource-based strategy?
The paper "Essentials of a Good Business Plan" is a great example of business coursework. An entrepreneur is a person willing to pay a stipulated price for an item for consumption and then is able to resell this item at a price that is the uncertain price. In the process an entrepreneur has to make decisions with respect to the manner in which the products would be obtained and sold and the resources are utilized; he also assumes the risk of the enterprise.
The paper "How N.A.M Embraces Logistical Concepts in Delivering Their Trucks to the Brazilian Government " is a perfect example of a business case study. This particular paper tries to review how proper customer relationship, transport and logistics concepts are interrelated and also explains on how a properly planned logistical system may help an organization in the saving of its overall operating cost for the benefits of a products cost advantages.
The paper "Giving Voice to Values Online Identities" is a good example of a business case study. Tina: Morning, I have a problem concerning the task you assigned me yesterday. Boss: Morning to you, did you manage to start on yesterday’s work? Is there a problem? Tina: Concerning the kind of work you gave me to do, I am sorry to say that I cannot do it.
The paper "PESTEL Analysis of European Brewing Industry" is an outstanding example of a business case study. The purpose of this report was to carry out a PESTEL analysis and Porter’s five forces model analysis of the European brewing industry. The analysis indicates that the market for the beer products is in a decline or static; there are no significant market entries; and transparency in the price market.
The paper "Fantastic Holdings Limited, OrotonGroup Limited Strategies " is a perfect example of a business case study. Fantastic Holdings Limited is an Australian based company which manufactures and deals in furniture. (Fantastic website, 2011) The company has operations over 125 states and is a major producer and leader for furniture in the Australian market.
The paper "internal Situation of RyanAir Company" is a great example of a business case study. The purpose of this report is to outline the technique of evaluating the internal situation of RyanAir Company. The analytical spotlight will be on RyanAir airline so as determine both the positive and negative side of the company, its S.W.O.T analysis as to identify its alternative strategies.