The four functions of management are: planning‚ organizing‚ leading‚ and controlling. Although I had not been formally taught these functions and their respective definitions until now‚ I have seen these functions in action for many years. As I reflect upon my time spent in the Navy‚ I now recognize that our military most certainly is a perfect model for exhibiting these functions just as a successful business will be. Planning is the function in which the decisions are made about the goals and
Premium Management
a flood insurance plan. In the year 2005 the National Flood Insurance Plan (NFIP) had paid out close to 16 billion. The premiums paid by the 5 million have only surmounted to 2 billion‚ therefore the NFIP has the ability to reach out to the US Treasury. With the US Treasury enabling the NFIP to meet its financial obligations‚ the financial obligations are becoming the obligation of the taxpayers (GAO‚ 2005) (Wells‚ 2005). The goals of the NFIP are “to provide property flood insurance coverage
Premium Insurance Risk
The functions of philosophy are the uses of the subject to us as individuals and as members of a society. Some contemporary thinkers called the Analytic philosophers see philosophy as a study that essentially simplifies and analyses issues and statements pertaining to other subjects in order to enable us understand them better. The functions of philosophy are explained as follows: 1.Analytical Function This has to do with the analysis and clarification of ideas‚ issues‚ and statements to
Premium Philosophy Psychology Sociology
Analysis of Life Insurance Sector (Life Insurance Presented by Ashish Chandra (29041) C. Sudhir (29044) Parvati Singh (29055) Sharat Jha (29065) Institute of Rural Management‚ Anand Demographic environment India has‚ according to 2001 census‚ 65.38% literacy rate. The literacy rate varies across rural (59.4%) and urban (80.3%) India. These contrasts in literacy levels are significant and have important implications for insurers. Literacy and education increases employability of the person
Premium Life insurance Insurance Lakh
Biology HL -Functions of the Liver Essay The liver receives its blood from two main sources; the hepatic artery and the hepatic portal vein. The hepatic artery transports oxygenated blood from the left side of the heart through the aorta to the liver. The deoxygenated blood from the liver is drained back out through the hepatic vein which returns it to the vena cava. The hepatic portal vein carries nutrient rich blood from the small intestine to the liver. Its blood however
Premium Liver Blood
Cognitive Function and the Brain The brain has a major role in the area of cognition. Everything from emotion‚ problem solving‚ language‚ the way we process and categorize memories‚ and how we learn all stem from the functioning of the brain. This paper will discuss the role of the brain in cognitive functions and describe the impact that Phineas Gage’s accident had on revealing the brain’s role in cognitive function. Anatomy of the Brain Cognitive functions derive from the area of the brain
Premium Psychology Brain Cognition
CONTENTS Sr.No. Particulars Page No. 1. Introduction 1. 2. Types Of Insurance 2. 3. LIC 4. 4. ULIP 5. 5. Buying ULIP--- An Important Note 20. 6. Types Of ULIP Plans 21. 7. How It Differ From Mutual Funds 23. 8. Systematic Planning Of ULIP 24. 9. 5 Points To Selecting A ULIP 30. 10. Case Study 34. 11. Is Investment In ULIP A Risky Option 40. 12. Important News 43. 13. Six Points To Note After Selecting A ULIPs 44. 14. Prominent Companies In ULIP 48.
Premium Insurance Investment
institutions such as education in schools have functions that are both Manifest and Latent. Merton defined Manifest functions as those objective consequences for a specified unit (person‚ subgroup‚ social or cultural system) which contribute to its adjustment or adaptation and were so intended (Merton‚ 1968). While‚ Latent functions as unrecognized and unintended functions (Sociology Guide‚ 2014). The proceeding write-up will discuss the manifest functions of education and how a Zambian teacher can
Premium Sociology Education
Function of Liver * The liver is a part of the digestive system‚ but it does much more than simply process food intake. It is responsible for producing substances that will break down fats and lipids‚ making foods more digestible. vIt also produces several amino acids‚ which are essential to protein production‚ without which a body could not function. The liver produces much of the cholesterol in a body‚ whether healthy or unhealthy. Aside from the liver’s production abilities‚ it also acts as
Premium Nutrition Digestion Metabolism
Management Functions Contents Page Introduction 1 Forecasting 2 Planning 3 Organisation 4 Control 5 Co-ordination 6 Communication 7 Motivation 8 Conclusion 9 References 10 Introduction Henri Fayol was one of the most influential contributors to modern concepts of management. His career began as a mining engineer‚ later moving into research geology for Comambault. The company was struggling however‚ Fayol
Premium Management