speeding tickets versus a driver with none. In order to use the predictability of the law of large numbers an actuary must consider pools large enough‚ however‚ they must also make sure those in the pool are similar to one another. There are several expense categories that are built into an insurance premium. The largest
Premium Insurance Economics Actuarial science
To what extent did the revolutions of 1848-9 fail due to poor leadership? The failures of 1848-9 could be blamed on the poor leadership of Individuals such as Charles Albert and Mazzini. Victor emmanuel.However there are other contributing factors that should be taken into account. The aim was freedom from Austrian‚ absolutism rule‚Mazzini set up a republic in Rome which lasted only 100 days. In 1848‚ the pope left Rome in hope of finding salvation Naples‚ His absence allowed Mazzini to set up
Premium Italy Democracy Roman Republic
If a firm uses a minority share ownership plan‚ external shareholders own it with a minority of employee owners‚ usually no more than 5% of the firm. Management or the board of directors exercises control of the firm and there is limited employee participation. While a significant number of employees may own shares in the firms they work for‚ almost all of this stock is in firms that are only minority employee-owned. In this essay I intend to explore the causes and consequences of firms choosing
Premium Capital Capital accumulation Stock market
is today. Through his savvy‚ and sometimes unusual‚ business practices‚ he and his associates led the company forward for thirty years. Today‚ four years after his death‚ the company is still growing steadily. Wal-Mart executives continue to rely on many of the traditional goals and philosophies that Sam’s legacy left behind‚ while simultaneously keeping one step ahead of the ever-changing technology and methods of today’s fast-paced business environment. The organization has faced‚ and is still facing
Premium Management Strategic management Leadership
Why Customer Retention Is So Important Good customer retention is vital to any organization because a slight reduction (5%) in the customer defection rate has a disproportionately positive effect on profitability (depending on the cost of acquisition‚ ranging between 25 and 80 %!). Companies with high retention also grow faster. However‚ customers can only be retained if they are loyal and motivated to resist competition. When customers are merely satisfied with the service they receive they may
Premium Customer service Customer relationship management Psychology
WHY IS THE DRC SO POOR? The Democratic Republic of Congo is a country well known for its money problems. Every day the country endures in work harder than most people in the UK can imagine‚ these problems can be sorted into three different sectors‚ historical‚ social economics or environmental issues. Poverty is most severe in the country’s rural areas where people are more isolated and there is little investment. The country has faced many unfortunate historical events in the past causing the country
Premium Democratic Republic of the Congo Poverty Causality
Why is the definition and measurement of crime problematic? The term crime is not by any means easy to define. It does not have any simple or universally accepted definition in modern day society. Crime is the result of a complex social process‚ therefore not every criminal act is considered to be a crime. It has been said that a crime has only been committed when a court decides that one has occurred. For example a reported offence may not make it to trial due to a lack of evidence‚ so no further
Premium Crime
“ Why the initial consultation is so important? What factors will an ethical therapist cover at this time?” Word count - 2236 A consultation normally consist of a meeting between the practitioner and a new client and will involve the filling in of a consultation form. A consultation will last for around 30mins. Some practitioners may charge for an initial consultation others choose not to. It is a really good way of getting to know more about a potential client. It is an opportunity
Premium Psychology Counseling Therapy
I believe that Segway failed to revolutionize the way we live for many reasons. Nobody in today’s world wants to trade their truck or car‚ that travels at high speeds‚ for a scooter that travels at a much slower rate. Maybe if they were not as expensive‚ and were invented as more of a toy or handicap tool they would have the potential to have a bigger impact on humanity. The Segway was not a terrible invention‚ but in no way would I ever think it would change our lives like cars did. I believe the
Premium Dean Kamen Segway PT
History Homework - Vietnam Why did the USA fail in Vietnam? America failed in the Vietnam War for various reasons; the people of Vietnam liked the communists of North Vietnam. The Americans bombed and killed the Vietnamese. The people of Vietnam hated the Americans in the end. The Americans tried to bomb the Vietnamese into submission and failed. Also when they were in open warfare America was successful‚ but when it turned into a guerrilla war America failed‚ that’s why America used napalm‚ to try
Premium Vietnam War United States Cold War