ABUL KHAIR STEEL PRODUCTS LTD: Company Case Study ABUL KHAIR STEEL PRODUCTS LIMITED COMPANY DESCRIPTION Abul Khair Steel Products Ltd (AKSP) is a newly established large metal finishing plant in Bangladesh‚ that produces a range of steel products‚ such as cold rolled (CR) coils‚ galvanized steel (GS) sheets and corrugated galvanized iron (CGI) sheets. AKSP was established in 1999 as a private limited company and currently employs
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Introduction to the country: "Bangladesh" is a combination of the Bengali words‚ Bangla and Desh‚ meaning the country or land where the Bangla language is spoken. The country formerly was known as East Pakistan. What is Culture: o The set of shared attitudes‚ values‚ goals‚ and practices that characterizes an institution‚ organization or group. o The sum of attitudes‚ customs‚ and beliefs that distinguishes one group of people from another. o Culture has been taken as constituting
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I found that diversity issues are rising in numbers at institutes of higher education on a profoundly widespread basis. Some issues that I will explore will be: 1. What role has racism as well as sexism and classism played in the American educational system? 2. Are educators receiving more education concerning diversity issues now than in the last 10 years and if so why? 3. Is this training consistent and widespread? 4. How does diversity affect the students learning abiltity from both the
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HistoryAetna‚ Inc. is an American health insurance company‚ which is the direct descendant of Aetna (Fire) Insurance Company‚ of Hartford‚ Connecticut. In 1850 Aetna began operation of an Annuity Fund and the company would soon to be known as Aetna Life Insurance Company. In 1899 Aetna became one of the first publicly held insurance companies to enter the health insurance field. Since then Aetna has become committed to providing access to cost-effective health care of the highest possible standard
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Abstract This paper talks about operational innovation which is a competitive weapon at progressive insurance. The case is summarized and the operations management techniques used in this case are explored. Operational Innovation Operations strategy specifies the means by which operations implements corporate strategy and helps to build a customer-driven firm (Krajewski J. 2009‚ pp.9). It links long-term and short-term operations
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http://agro.maxwellbd.com/index.html Bangladesh is an agro based country and most of the people are associated with agricultural productions and its services. Agriculture is considered as the prime economic sector in Bangladesh. Statistics shows that contribution of this sector is nearly 30% of total GDP and about 70% of the total industrial work forces are employed in the agro based industries. Live stock sector‚ strongly dominated by poultry‚ plays a vital role. More than 20% of the total population
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DATA Company: Bailey Distributing Company Current Credit Policy 1/10‚ net 30 40% of customers under discount $200‚000 annual sales 20‚000 units‚ annual sales New Credit Policy 3/10‚ net 50 50% of customers under discount $250‚000 annual sales 25‚000 units‚ annual sales Ordering Cost: $100/ order Carrying Cost: $1/ units Average Cost: $6‚ 50/ unit Average Inventory: EOQ/2 Cost of Goods Sold= 65% of Net Sales General and Administrative Expenses= 10% of Net Sales Interest
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Seven Principles of Insurance With Examples The seven principles of insurance are :- Principle of Uberrimae fidei (Utmost Good Faith)‚ Principle of Insurable Interest‚ Principle of Indemnity‚ Principle of Contribution‚ Principle of Subrogation‚ Principle of Loss Minimization‚ and Principle of Causa Proxima (Nearest Cause). 1. Principle of Uberrimae fidei (Utmost Good Faith) Principle of Uberrimae fidei (a Latin phrase)‚ or in simple english words‚ the Principle of Utmost Good Faith
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much lower. Therefore‚ it is absolutely essential that our financial market functions efficiently‚ not only quickly‚ but also at a minimal cost. The financial system in Bangladesh includes Bangladesh Bank (the Central Bank)‚ scheduled banks‚ non-bank financial institutions‚ microfinance institutions (MFIs)‚ insurance companies‚ co-operative banks‚ credit rating agencies and stock exchange. Among scheduled banks there are 4 nationalized commercial banks (NCBs)‚ 5 state-owned specialized banks (SBs)
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INSURANCE AND RISK MANAGEMENT SOLUTIONS TO STUDY QUESTIONS CHAPTER 1: Nature of risk and its management 1. Explain the meaning of risk. In your explanation‚ state the relationship between risk and uncertainty. Risk is defined as a condition where there is the possibility of an adverse deviation from an expected outcome. That is‚ there is the possibility of loss. Risk is a state of the real world in which a possibility of loss exists‚ while uncertainty is a state of mind characterised
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