INSURANCE COMPANIES Insurance companies play an important role in an economy in that they are risk bearers or the underwriters of risk for a wide range of insurable events. Moreover‚ beyond their risk bearer role‚ insurance companies are major participants in the financial market as investors. To understand why‚ we will explain the basic economics of the insurance industry. As compensation for insurance companies selling protection against the occurrence of future events‚ they receive one or more
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Discuss this stock Company Profile HCL Technologies Ltd is a global technology company. The company is primarily engaged in providing a range of software services‚ business process outsourcing and infrastructure services. The company leverages an extensive offshore infrastructure and its global network of offices in various countries and professionals to deliver solutions across select verticals including Retail‚ Aerospace and defense‚ Automotive‚ Telecom‚ Financial Services‚ Government‚ Hi-tech
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Following others into trouble The 1st reason why following others into trouble is bad is that following their actions can lead me to expulsion or suspension. The definition of expulsion is the action of depriving someone of membership in an organization. Being suspended is a huge punishment that totally effects my freshman year. Getting behind 1 week of homework is a huge setback which can lead to bad grades. Also why following others into trouble is that I can acquire a three day lockup for trespassing
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Exercise 1: On January 1‚ 2010‚ Trenton Company purchased a machine costing $50‚000. Trenton also incurred the following costs: transportation‚ $1‚000; installation‚ $2‚000; and sales tax‚ $3‚000. Prepare the journal entry to record the machine acquisition assuming cash was paid. Exercise 2: Hi-Crest Company purchased a machine on January 1‚ 2010‚ for $300‚000. The machine has an estimated useful life of 5 years and a $10‚000 residual value. Calculate depreciation expense and the year-end book
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date | Submitted on | | | | Qualification | Unit number and title | BTEC LEVEL 4 EDSML | Unit 4 Marketing Principles | | | Assignment title | MARKETING PRINCIPLES | In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. | Criteria reference | To achieve the criteria the evidence must show that the student is able to: | | Task no. | | Evidence | 1 | Explain the various
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http://www.mama.co.th/en/about.php [pic] Thai President Foods Public Company Limited was established on February 15‚ 1972 with an initial registered capital of 6 million baht through a joint venture between President Enterprise Co.‚ Ltd. of Taiwan – providing manufacturing technology expertise and Saha Pattanaphibul Co.‚ Ltd. - responsible for marketing and distribution. The founding objective was to produce instant noodles under the "MAMA" brand. The Company’s first Head Offices were located
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constitution (if any) and any replaceable rules that apple to the company have effect as a contract: (a) Between the company and each member; and (b) Between the company and each director and company secretary; and (c) Between a member and each other member; Apply the law: According to section 140‚ a company’s constitution is only an internal governance rule‚ it cannot be enforced by outsider and also cannot be used and act between a company member and an outsider (Corporation Act‚ 2001). In this
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management. Specifically‚ product and service design is one of the processes of the design. As states in Morris (2009‚ p.22)‚ Product design is defined as the idea generation‚ concept development‚ testing and manufacturing or implementation of a physical object or service. “Service design is the activity of planning and organizing people‚ infrastructure‚ communication and material components of a service‚ in order to improve its quality‚ the interaction between service provider and customers
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Scenario of company limited by shares Joseph forms a company limited by shares which he representing a sole shareholder and sole director of the limited company while Germany has been employed as the secretary of the limited company. Joseph agrees to subscribe 2 shares in the company and he had made the full payment. During the business operations‚ the limited company earns profit initially. After few years‚ declines in demand of their products caused the company started to make severe losses and
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Westminster Company 1- What impact would the three new alternatives have on transfer and customer freight costs? Why? The way I see it there are a number of constraints placed on the company. System consolidation makes it easier for transportation economies to be gained. Truckload volumes would be more easily gathered to and from distribution centers‚ lowering transfer and customer freight costs. However‚ the effect of using third party warehousing and transportation on transfer and customer
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