contribution to the country’s gross domestic product (GDP) is 7% out of which the gross premium collection forms a significant part. The funds available with the state-owned Life Insurance Corporation (LIC) for investments are 8% of GDP. Till date‚ only 20% of the total insurable population of India is covered under various life insurance schemes‚ the penetration rates of health and other non-life insurances in India is also well below the international level. These facts indicate the of immense growth
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Organizational behavior- it is made out of two words “organization” and “behavior.” What is an organization? Organization as two or more individuals who are interacting with each other within a deliberately structured set up and working in an interdependent way to achieve some common objective/s. Organizations play a major role in pur lives. We possibly cannot think of a single moment in our lives when we are not depending on rganizations in some form or the other. Right from the public transport
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These conflicting views‚ which primarily revolved around morals and religious beliefs‚ came into light with the Scopes Trial. Prior to the Scopes Trial‚ John Washington Butler proposed a bill to the state of Tennessee that it would be “...a crime there to teach ‘any theory that denies the story of the Divine creation of man as taught in the Bible‚ and to teach instead that man
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Sleepless in Sales The demand exists‚ the product is good‚ and the sales team is working harder than ever. Yet you are still losing sales. Different times require different solutions‚ and B2B companies need to find them. Sleepless in Sales 1 It’s 3:15 a.m. Awake again. My brain won’t shut off. Why are sales down? Our product is competitive‚ clients like it‚ and we’ve run all of the obligatory sales improvement programs. Maybe it’s the sales team. They keep saying it’s tough to keep up with so
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A description of a place I live in a two-bedroom apartment on the first floor in the 5-story block of flats. My room‚ which is spacious and full of light‚ is my favourite one. It is both a study and a bedroom. The only window in my room faces the playgroud‚ which is situated near our house. It is so nice to look out of the window on a bright sunny day! The view is really wonderful. The walls of my room are papered in a design of yellow and white stripes and the curtains on the window match the wallpaper
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check for the validity of that information through the process of auditing and accountability. In this report‚ we are going to relate Air Asia Berhad with the discussion we have selected. We are using the annual report of 2007 and 2008 to make a comparison related with the topic. Content Accounting will be only relevant in decision making when the information provided relates to the past‚ as well as important for future decision making. Financial documents that are created according to Generally Accepted
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Hotel manager: Job description A hotel manager is responsible for the day-to-day management of a hotel and its staff. They have commercial accountability for budgeting and financial management‚ planning‚ organizing and directing all hotel services‚ including front-of-house (reception‚ concierge‚ and reservations)‚ food and beverage operations and housekeeping. In larger hotels‚ managers often have a specific remit (guest services‚ accounting‚ and marketing) and make up a general management team
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Meta Description: Select a Broker can help you find the right mortgage plans for your loan needs. Call us toll free on 1300 510 045; we are available 7 days until 9PM. Seek Help for Your Mortgages One of the biggest achievements in your life is when you get to buy yourself real estate of your own. But then‚ the process that you have to go through is like passing through the eye of a needle. Not only will you have to accomplish a stockpile of paperwork but also a lot of other stuff such as finding
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But still‚ some small and medium-scale companies still rely mostly on pure human efforts to do some tasks. Through Sales and Inventory System‚ the importance of computerization is vastly utilized. A system is a set of detailed methods‚ procedures‚ and routines established or formulated to carry out a specific activity‚ perform a task‚ or solve a problem. Sales and Inventory System is one of the most important systems on process of any business because it involves the management of products
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UNIT-1 THE NATURE AND SCOPE OF MANAGERIAL ECONOMICS Nature Of Managerial Economics Managerial Economics and Business economics are the two terms‚ which‚ at times have been used interchangeably. Of late‚ however‚ the term Managerial Economics has become more popular and seems to displace progressively the term Business Economics. The prime function of a management executive in a business organization is decision-making and forward planning. Decision-making means the process of
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