Objective and Subjective Risk
Risk can be classify as objective or subjective. Objective Risks Assume that an insurer has 100000 cars insured for a long period of time,...
Effective vs. Successful Managerial Activities - Management Process
Luthans (1988), on the basis of his study, found that all managers engage in four managerial activities. 1. Traditional management — This a...
Organizing - Management Process
It involves designing, structuring, and coordinating the work components to achieve organizational goal. It is the process of determining w...
INTRODUCTION TO SMALL GROUP BEHAVIOR - OB
This chapter has discussed theconcept of the small group and has illustrated the importance of the smallgroup within the broader topic of or...
Concept Of Insurance
Insurance has been defined by various experts in different ways. Willett, for example has defined it as "that social device for making ...
Risk Management Methods
There are five basic methods that can be used to manage risk: 1. Risk Avoidance Risk can be managed by simply avoiding it. Residential ris...
CPF Withdrawal at Retirement Age
When you hit age 55, you can choose to withdraw your CPF savings in a lump sum, after setting aside the Minimum Sum into your Retirement Acc...
Features of Investment -linked Insurance
The rates of return of traditional cash value policies such as whole life and endowment have been considered not competitive to the policyho...
Before you invest, you need to make a contribution to the SRS account. You may only make this contribution after your SRS Operator has calcu...
In life, we are exposed to a large number of risks that can result in financial loss. For example, there is the risk of premature death or t...
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