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UNIT 3 GENERAL INSURANCE General Insurance: Principles‚ products (Fire‚ Marine‚ Motor vehicles‚ public liability‚ third party insurance‚ medi-claim and health policies‚ group insurance‚ burglary insurance). 1 Sunil Kushwaha INTRODUCTION Insurance is an important aid to minimize the effect of uncertainties of life as well as property. With the increasing complexities in our personal and professional life‚ the range of risks that the insurance companies accept has also expended
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The Birth of Swatch The continuous decline in demand for the prestigious watches made in Switzerland in the 1970s and early 1980s made the time period devastating for the Swiss watch industry. Before the decline‚ it was master of the watch market‚ shining with its high-end image. However‚ with the evolution of technology in watch making‚ the market began changing rapidly where low-end watches were becoming more accessible and evasive. Nicholas Hayek became the CEO of Societe Suisse de
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Ward-Leonard Motor Generation System Introduction: A control system generally controls‚ regulates‚ and updates its output continuously based on present inputs‚ nature of the system‚ and the past outputs. In other words‚ there is a feedback mechanism that is inherent in the system‚ and is called a closed loop control system. For example‚ adding an emitter resistance to a common emitter amplifier‚ results in a negative feedback mechanism in the amplifier system – if the output current increases
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SWOT Analysis Strengths: Excluding independently owned and operated locations; Sears Domestic owns 61% of its stores. Sears owns a number of trademarks and brand names with which consumers are familiar. A one-stop shop for everything ( from clothing to tools and appliances) Weakness: The condition of many stores‚ leading to a poor shopping experience. Profitability is suffering‚ gross margin is lower Management- Employee staffing and training is not successful. Need room for improvement
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The Birth of the Republic Edmund S. Morgan Notes James Otis – 1765 “Were these colonies left to themselves tomorrow‚ America would be a mere shambles of blood and confusion . . . . there would soon be civil war from one end of the continent to the other.” 20 years later these same people united to create a government that has had a longer continuous existence than that of any Western country except England. P. 8 - Colonial governors helpless to take action without the assistance of the
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Question 1: SWOT analysis for Cirque du Soleil Strength: Unique product: shows communicate through style and tone that they are intended to do more than just amuse. Cirque design its own makeup and its high quality circus arts. Shows attract high audiences; Creative employees make innovation on special waterproof makeup for the production of O; Diversity: performers recruited from all over the world; High profit and cost advantage: Cirques spend little when they open and return with high
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Chapter1 1. How did the recession of 2007–2009 compare with other recessions since the Great Depression in terms of length? Ans. It was the longest. This may be close to a perfect storm situation on top of a real estate bust‚ and a financial bust [crime?]‚ "Technology" is a big part of the unemployment situation‚ and then there’s the world wide normalizing of salary levels - China‚ India‚ etc. up‚ US down. 2. What effect did the recession of 2007–2009 have on government regulation? It was
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developed beach resort community in the country. Starting from "backyard tourism" wherein local residents accept local and foreign tourist as stay-in guest‚ the island’s tourism has flourished. In the course of time‚ several hotels‚ resorts‚ inns and restaurants have mushroomed within the area. How to get there? * By Private Charter The favorite mode of transport of tourists who upon arrival at the airport would like to be whisked away from Manila all the way to Puerto Galera. An air-conditioned
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itself is definitely a must for any business or company‚ regardless of its industry. It is true that the importance of each category of factors will always vary from business to business and from company to company‚ but nonetheless PESTLE remains a mandatory analysis technique that is usually a part of the larger and more comprehensive SWOT analysis. PESTLE helps a company determine exactly how various types and categories of factors influence its ‘well-being’. As aforementioned‚ the same factors
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