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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Earning yield is a great financial ratio which can be used very effectively to evaluate a stock. The process of calculating this ratio is very simple‚ first calculate the ‘Earning per share (EPS) and then divide EPS with current market price of stock. The value you will obtain is in percentage. The reported net profit (PAT) as declared by the company in last 12 months of operation can be taken as earning. Number of shares outstanding in the market is also declared by companies in their financial
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Introduction:The General Appliance Corporation is a manufacturer of all types of home appliances. The company has a decentralized‚ divisional organizational structure‚ which consists of four product divisions (electric stove‚ laundry equipment‚ refrigeration and miscellaneous appliance division)‚ four manufacturing divisions (chrome products‚ electric motor‚ gear and transmission and stamping division) and six staff offices (finance‚ engineering‚ manufacturing‚ industrial relations‚ purchasing and
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GENERAL PSYCHOLOGY I. OVERVIEW ON PSYCHOLOGY 1. William James (1890) – Published Principles of Psychology 2. Wilhelm Wundt (1879) – Published the first Psychological lab in Leipzig 3. Sigmund Freud (1900) – Published Interpretation of Dreams 4. Alfred Biret & Theodore Simon (1905) – Developed the 1st standardized intelligence 5. Ivan Pavlov(1906) – Published the results of his learning experiments with dog tests 6. John Watson (1973) – Wrote his book on behaviorism‚ promoting the importance of
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Established in 1908‚ General Motors‚ also known‚ as GM or GMC with it’s headquarters based in Detroit‚ is the world’s 2nd largest auto company in sales revenue behind Toyota which took the lead in 2006. General Motors reigned as the global leader in the automobile industry for the last 76 years‚ longer than any other automaker. Their business operates in 140 countries with an employment of approximately 212‚000 people. Their European headquarters is based in Zurich‚ Switzerland. Also 2006‚ 9.1 million
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Toyota Motor Corporation Marina Curmei MGT 521 - Management December 12‚ 2012 Professor Louis Aliberti‚ Esq.‚ J.D.‚ M.B.A. Toyota Motor Corporation Toyota Motor is one of the most competitive companies. Toyota was created in 1937 and since then it operates on the international level. Its products are valuable in Japan‚ North America‚ Europe‚ Asia‚ and many more countries. Toyota Motor is known by producing automobiles. The automobile
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Through my semester in General Psychology Taking Psychology has taught me a lot more than I already knew about the human mind and human body. I have actually enjoyed taking Psychology this semester. what I have learned from Psychology class will be carried with me throughout my college and professional career. In Psychology I learned the science of behavior and processes. The “ABC’s” of Psychology which are‚ A- stands for affect‚ which are feelings‚ emotions or moods. B- stands for behaviors
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Tata Motors Profile Established in 1945‚ Tata Motors is India’s largest automobile company‚ with revenues of Rs 24‚000 crore (USD 5.5 billion) in 2005-06. The company began manufacturing commercial vehicles in 1954 with a 15-year collaboration agreement with Daimler Benz of Germany. It is the leader by far in commercial vehicles in each segment‚ and the second-largest in the passenger vehicles market with winning products in the compact‚ midsize and utility vehicle segments. The company is the
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2. General Electric uses a multifaceted approach to help make them one of the industries leaders in engine production. This approach includes resources both financially and managerially. Financially General Electric has invested $50 million in new engine technology‚ with an additional $1.2 billion to $1.4 billion being required to help them bring new engine designs to the forefront. General Electric has also received a $20 million grant from NASA in order for them to create the first tester UDF
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C. General Purpose of FMEA The general purpose of the Failure Mode and Effects Analysis (FMEA) process is to attempt to evaluate a process for possible future failures‚ and correct them preemptively rather than respond retroactively when detrimental events occur. “FMEA is particularly useful in evaluating a new process prior to implementation and in assessing the impact of a proposed change to an existing process.” (“Institute for Healthcare Improvement‚” n.d.). Prior to implementing the improvement
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