Objectives The IRDA (Insurance Regulatory and Development Authority) is the national regulatory body for Insurance industry (both Life and Non-Life Insurance Companies) under the auspices of Government of India‚ situated at Hyderabad. IRDA was established by an act enacted in Indian Parliament known as IRDA Act 1999 and was amended in 2002 to incorporate some emerging requirements as well as to overcome some deficiencies in the entire process. The mission of IRDA as stated in the act is as follows:-
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GlFinal Exam Essay 2 1) Define and illustrate (i.e.‚ give examples of) agenda-setting theory. How might a president try to use the media’s presumed agenda-setting powers near election time? In other words‚ might it behoove a president to take (or threaten to take) certain highly dramatic actions-especially concerning foreign affairs- just before an election that will impact strongly on the power of his/her political party? If so‚ what actions might a president be likely to take and under what
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an academic research field of its own. Tourism critical theory is the pinnacle of that development. Today research in tourism is done using both qualitative and quantitative approaches. If the research is designed to prove a theory it takes the deductive strategy while on the other hand inductive strategy is used to generate theory. The developments are not only in the approaches and strategies but ar also found in the data collection tools and analysis techniques used to collect and interpret data
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1) Management by Objectives (MBO): Peter F. Drucker in his 1954 book “The Practice of Management” introduced the appraisal method called Management by objectives (MBO). It has become an effective management tool and is also known as goal setting approach to appraisal. In MBO‚ the supervisor and subordinate jointly identify the common objectives of the organization and set the areas of the responsibility of each individual in terms of results expected from that person. These measures are used for
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Saturation with the Case and the Agenda Setting Theory This paper looks at the influence of the media on the importance the public place on social issues. It seeks to consider the way media prioritizes topics and how the concentration placed on a particular issue makes it appear more important to the public than other matters. Such mechanism can be viewed in the light of the Agenda-Setting Theory which will be elaborated later in
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1. Defining Research Problem and Setting Objectives The Research Problem. The problem identified might be too broad in coverage; therefore it has to be narrowed down to a specific research problem in a specific setting. Question relative to the problem may be raised: a. Are the problems on the youth’s undesirables values also felt in the local setting of the study? b. To what extent are these problems felt? c. What may be their causes? d. What recommendations can be proposed to minimize
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leadership and impact on subordinates. One theory ‘Expectancy theory’ states that and individual’s attitude (eg. Satisfaction with supervision or job satisfaction) or behavior (e.g. leader behavior or job effort) can be predicted from 1) the degree to which the job or behavior is seen as leading to various outcomes (expectancy and 2) the evaluation of these outcomes. Our interest on any project basically depends on the expected outcome. I want to relate this theory to a different kind of topic. I have
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’s most valuable asset is human resources department. The objective of human resource (HR) planning is to ensure the best fit between employees and jobs‚ while avoiding manpower shortages or surpluses. The three key elements of the HR planning process are forecasting labor demand‚ analyzing present labor supply‚ and balancing projected labor demand and supply. Management by Objectives (MBO) method involves setting specific measurable goals with each employee and then periodically reviewing the progress
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Details Name(s): Path-Goal Theory Author: Robert House Classification: Contingency or Transactional Leadership Theory Year: 1971‚ revised in 1996 Pro’s In a situation where something needs to be done in a short time - such as emergencies and complicated situations in which there is a time constraint‚ this method may be preferable. The formulator of the theory‚ Robert House acknowledges that "all theories ....are ultimately incorrect..." and that "A theory which cannot be mortally
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December 2‚ 2012 Individual Case Analysis Every occupation has a set of critical knowledge‚ skills‚ and abilities that is necessary to be able to fulfill the requirements needed to complete the job. As a laundry worker‚ there are five critical knowledge‚ skill‚ and abilities that can be identified as; knowledge of handling a washer/dryer machine‚ knowledge of basic math skills to properly measure expected amount of liquids to the washing machine‚ the ability to learn certain skills when folding
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