...Financial Services Practice Journey III: The Next Frontier in Property and Casualty Insurance The Challenge of Profitable Growth Journey III: The Next Frontier in Property and Casualty Insurance The Challenge of Profitable Growth Contents Introduction Dramatic improvement and a paradigm shift 1 A Paradigm Shift The exit of undisciplined capacity Strengthened risk management skills Stronger foundational pillars The Implications The risk journey continues – with profitable growth as the new frontier 7 9 10 13 17 Continuous improvement of risk management Growing profitably in a competitive industry Lessons and barriers Levers to drive growth Upgrading the foundational pillars Conclusion Looking forward 17 21 28 38 43 Journey III: The Next Frontier in Property and Casualty Insurance The Challenge of Profitable Growth 1 Introduction Dramatic improvement and a paradigm shift In our first Journey report, covering 1979 to 1993, we reached three main conclusions about performance in the property and casualty insurance industry: 1. Risk management is the primary driver of success, not investment performance, expense management or financial leverage. We suggested that risk management had four components: enterprise risk management, capital management, product market management, and transaction excellence. 2. Performance is remarkably consistent and selfreinforcing. Winners keep winning, while persistent underperformers tend to be acquired...
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...Assignment 1 – Understanding Retail M1) Compare the function of formats and locations in retailing |Retail format and location |Function performed |Reason for choice of location |Strengths |Weaknesses | |Shopping village: |They are a shopping centre|A shopping village receives a |Shopping villages such as |Shopping village such as bichester | |Bicester Village |that has a range of |lot of customers due to the |bichester villages have a |village has a big weakness as it is | | |designer stores. |different variety of branded |great advantage as they a |located in a far place rather then a | | | |stores with an affordable price|village full of branded |local area which means customers will| | | |compared to other areas. |stores with a good discount |need to travel in order to get to the| | | | |rate This makes customers |shopping village. Also it is more | | | | |feel more happy and is |difficult to find good service as all| | | | ...
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...Boohoo Dot com Fashion online | Business Strategy Decision Making | Individual Coursework of Decision making | | Module Code: BU3413Module Tutor: Deji SotundeStudent, UCLA id: G20625452LSBF id: A4072776 | | | Boohoo Dot Com Fashion online store International growth occurs in 2006 in e-fashion industry according to Mintel reports that in UK Fashion e-commerce 147% increase on that time (CONSUMERS' SHOPPING EXPERIENCES IN THE UK AND SPAIN, 2013, pp. 10-13) The Boohoo dot com representing the young generation fashion and they jumped profit £24.5m in 2011 (Gallagher, 2012) Boohoo has decided to listed to the stock market as young fashion icon and expend the business and attract to investors, (Gallagher, 2013) International growth occurs in 2006 in e-fashion industry according to Mintel reports that in UK Fashion e-commerce 147% increase on that time (CONSUMERS' SHOPPING EXPERIENCES IN THE UK AND SPAIN, 2013, pp. 10-13) The Boohoo dot com representing the young generation fashion and they jumped profit £24.5m in 2011 (Gallagher, 2012) Boohoo has decided to listed to the stock market as young fashion icon and expend the business and attract to investors, (Gallagher, 2013) The online fashion outlet ‘Boohoo’ strategy development and critical discussion are based on these four objectives that should evaluate and formulate on it. 1. Boohoo Mission, Vision and Value 2. The strategic goals of defining the direction 3. Strategic Analysis of the...
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...7/20/2015 Euromonitor International Analysis Back To Results Apparel and Footwear in the US Industry Overview | 15 May 2015 EXECUTIVE SUMMARY US apparel and footwear market continues to rebound Sales of apparel and footwear in the US continue to rebound, driven mainly by a combination of advances in digital innovation and dynamic growth in sportswear, which witnessed the highest current value growth of 8% in 2014. With the continued improvement of the US economy, Americans are more willing to spend on discretionary apparel such as swimwear as well as apparel accessories. Consumers remain the ultimate beneficiaries as they continued to bargain hunt and shop around to find the best deals in 2014. Men’s apparel and footwear gains increasing momentum American men continue to dress up and this led to new excitement and a flurry of activity in categories including men’s outerwear, hosiery, apparel accessories and footwear. A variety of brands ranging from luxury goods label Burberry, sportswear label Lululemon and mass fashion brand Zara are opening separate menswear units, while major department stores are revamping their men’s partners departments. Men’s jeans, men’s footwear and menswear all outperformed their women’s counterparts for the most part throughout the review period. Under Armour emerges as the ‘rock star’ apparel brand Performance apparel company Under Armour garnered the highest current value growth across apparel and footwear categories in 2014...
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...To what extent has the internet made the clothing market more competitive? One way in which the internet has made the clothing market more competitive is due to there being fewer barriers to enter into business on the internet. This is largely because rents are higher when opening an actually clothing store on a busy street; this however is not so much of a problem for online retailers. Therefore, this would make the cost of production for online retailers less than that of street stores, thus enabling online clothing prices to be significantly lower, boosting competition. However, this may not be the case if other factors of production for online retailers are high, such as rent for a warehouse to keep stocks, as this would cancel out the low cost of not paying rent for a store, although the rent for the warehouse would be considerable low as the location is not important. Furthermore, the internet has allowed consumers to have more information about different prices of clothing available by various retailers; this has been made even easier by price comparison sites. Amazon for example, has various prices for one particular piece of clothing offered by multiple providers. This reduces monopoly power as consumers are increasing able to buy their needed product at the lowest price, thus encouraging competition. However, price comparison websites themselves have come under criticism. As for example, they might not take into account the different types of consumers looking for...
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...Hằng Danh sách 1 số trang web phổ biến: ASOS: TRANG TỔNG HỢP QUẦN ÁO, GIÀY DÉP NHIỀU HÃNG, FREESHIP UK H&M "HÀNG HIỆU GIÁ RẺ", SHIP UK 0.2 BẢNG/MÓN ZARA: SHIP UK 3.95, THƯỜNG XUYÊN SHARE SHIP MOTEL ROCKS: SHIP UK 3.95 F21: SHIP UK 3.95/ORDER BRANDALLEY: ĐỒ SALE THEO NGÀY, SHIP UK 4.95 TOPSHOP: ĐỒ NỮ, SHIP 4.00, FREE CHO ORDER TỪ 75.00 TRỞ LÊN TOPMAN: ĐỒ NAM, http://www.topman.com/webapp/wcs/stores/servlet/TopCategoriesDisplay?storeId=12555&catalogId=33056SHIP 4.00, FREE CHO ORDER TỪ 75.00 TRỞ LÊN RIVER ISLAND, SHIP 3.95 MISS SELFRIDGE, http://www.missselfridge.com/SHIP 4.00, FREE CHO ORDER TỪ 75.00 TRỞ LÊN DOROTHY PERKINS, http://www.dorothyperkins.com/SHIP 4.00, FREE CHO ORDER TỪ 75.00 TRỞ LÊN BOOHOO, SHIP 3.99...
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...well, ''miss fight for d women's rights''....I am a virtuous guy and I solemnly believe in the acts of doing that which is rite and avoiding that which is wrong. My perspective also goes inline with a biblical standing. I read your seemingly admissible speech..A speech that I deem to be somewhat misguided, invalid, demeaning, ill-conceived, ill-spoken, repugnant or shud i call it a truth in reverse; yes A TRUTH IN REVERSE...young lady look around you, the feminine species are becoming stronger and stronger by the day...are u kidding me!!!!!!!!!!!.....Talking bou men taking advantage of women blah blah blah.....Av u heard the slogan that was commonly accepted by the people governing the world of a misconceptual and unconstitutional disposition...EVERY WOMAN HAS A SOLE RESPONSIBILITY AND OBLIGATION TO HOLD DER ENTITLED HUSBANDS TIGHTLY...That slogan was valid back in d day...now its obsolete or more like renewed to, EVERY MAN HAS AN ULTIMATUM OF TYING DOWN DER WIVES....This ultimatums did not just end at being a must do, it was more of a combination of doing and preparing for the worse...This feminine creatures, beyond reasonable doubts are completely off both the biblical and ethical approach to God's designated course of life in line wif marital affairs....What effortless effrontery dis anurika of a gurl has to dare talk about how unfaithful and cruel the men are interms of marital or relationship affairs. Lemme give u a true life story....my beautiful bride (Tolani) and I were...
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...“Creativity plays an important role in economic competitiveness of advanced economies” Introduction This report will look at how the concept of creativity and innovation are significant to Asos and what stimulates Asos to implement creativity and innovation into their operations. The report will also discuss challenges that the business is facing to sustain a competitive edge and how Asos organizational culture foster creativity and innovation in the workplace. To finalize the report a comprehensive conclusion will be discussed whether creativity and innovation play an important role in economic competitiveness of advanced economies. “ASOS is a global online fashion and beauty retailer and offers on the ASOS.com website over 50,000 branded and own label product lines across womenswear, menswear, footwear, accessories, jewellery and beauty with approximately 1,500 new product lines being introduced each week.” (1) Managing change in organizations Businesses within the 21st century are faced with constant change which affects the traditional organisational structure and the way people work, which forces companies to be highly adaptable to unforeseen changes. For example change within Asos helps them to identify the areas of their strong and weak points, which enhances their productivity and efficiency. Change aids to predict challenges that could affect Asos operations by reacting to it effectively in terms of how big and radical the change is and how many parts of...
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...and into puddles. My face showed no signs of distress as I’d squash my nose onto the foggy glass windows peering out into the watery skies. Sure, I would have to wait a little longer before I could go outside to play again, but I did not see this as a reason to fret. After all, when the rain finally ended (and I knew it would because it always did at some point) I would soon be splish splashing in the miniature pools of water that collected in every concave surface of the street and sidewalk. Mud pies would be made out of the rain drenched soils and baked under the once again visible sun, the earthworms would wiggle their way out to play and a magnificent rainbow would stretch across the sky, glittering with all of its majestic beauty. “Boohoo!” cried the other children, in pessimistic cries of dislike for rainy weather. “Woohoo!” I cried in optimistic joy of all the new playful opportunities that would arise after a rainfall. As I grew older, my playground injuries rose in severity. The scars on my shins, knee caps, and elbows are all still visible as proof. I remember as if it were yesterday, this beautiful...
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...------------------------------------------------- 201 MKT ------------------------------------------------- Coursework 1 Careers Portfolio Analysis and CV ASOS ANALYSIS Asos is a well-known company whose headquarters are based in Camden, North London. Its main ambition is to become the number one online fashion destination for both men and women between the ages of 20-30. Its website consists of fashionable products that’s made up of its own label including many other brands (Asos 2015). Internal Strengths * Has a selection of exclusive brands. * Uses strategies to have an effect on customer behaviour such as community groups, review centres, editorial content and video was awarded first place for customer engagement (Merchandising, 2015). * Asos has made an investment in its marketing which has increased sales and have hired people in senior positions which has strengthened its marketing (Marketing Week, 2014). * It has a glossy monthly magazine that can be accessed online. Its editorial spreads provides a range of models showcasing the clothes, this comes with links to the items and prices so they can be added straight to the cart (The Content Strategist 2015). * Has a strong social media presence, as this helps it to connect better with its customer base and market its brand (Link humans, 2015). * Challenged in the year 2014 by an almost impossible international trading environment and also a fire at its main distribution facility in Barnsley...
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...Impact of digital sales promotional offers on consumer perceptions of ASOS, UK ABSTRACT Digital sales promotion is a new marketing technique used by the organizations for communicating with large number of customers in an easy manner. Attractive digital sales promotions generate positive attitude among the customers and it directly increases the customer perceptions. In this context, the present study analyses the impact of digital sales promotional offers on consumer perceptions of ASOS, UK. ASOS is a UK based online retailer and it extensively use digital sales promotional techniques for attracting young generation. Digital sales promotion through social media, SEO, etc helps the company to improve its sales volume. However, improper management of social networking sites, failure in creating unique customer experiences, etc adversely affects customer perception and thereby sales of the company. So, the researcher has decided to analyse the case of ASOS for evaluating the research problem. The present study was conducted on the basis of positivism philosophy, deductive approach and descriptive research design. The researcher has interviewed the managers and surveyed the customers of ASOS for collecting primary data for the study. Interview method provided qualitative data and survey method provided quantitative data required for the research. Internal and external secondary sources were referred by the researcher for gathering secondary data. From the research study, it...
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...INITIAL BUSINESS IDEA Introduction For this task I have been asked to justify why my proposed business idea will be successful. In doing so I am going to present supporting evidence. Sole trader A sole trader is a person that owns the business with or without employees. This is the smallest and most popular type of business in the United Kingdom. In this situation the owner runs the business independently and also the business and the owner have the same legal identity which means if the business owns money the holder owns money. Explain two reason advantage One benefit of being a sole trader is that I retain all the profit that business makes. This is good because the profit that has been made through selling products or service will come back to the owner. This means all the money that will made from the business retain to the owner as he will not need to pay anyone e.g. staff or supervisor, or accounting etc. For example, if the business receives £3500 in a month from selling t-shirts the full £3500 will retain to the owner. This is a huge advantage because firstly, the owner will have more money to spend in marketing or other promoting recourses and secondly, if more money comes in the more it encourages the owner to work harder. This will make me successful because if I retain all of the money I can expand my business in the future and similarly I will have more available to make my business better, e.g. promote my business effectively. For example, if I have...
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...There have been many unlikely partnerships in the past like the Coyote and the Badger, Newt Gingrich and Nancy Pelosi on Global Warming, and now Kentucky Fried Chicken (KFC) and the Susan G. Komen (SGK) for the Cure organization. This partnership between KFC and SGK has not been without controversy even though it has raised more than $4.2 Million for the cause, the single largest donation in the organization’s history. Throughout this experimental assignment, I will analyze the qualitative data posted on the various blog sites and will give the reader a better consumer perception of the alliance through the eyes of the survivors and patients of breast cancer as well as the Non-breast cancer patients and survivors. I will compare and contrast these perceptions and how they relate to cause-related marketing, cause-brand failure, and decision-making. The previously stated objectives will be covered by exploring the topics of “Pinkwashing”, Brand Implications, and Conflicting views on Association as they relate to this alliance and its qualitative analysis. “Pink-Washing” What is “pinkwashing”? Before exploring this topic, it is relevant to discuss the origin of this word when attempting to better understand it. “Pinkwashing” is a pejorative term derived from “greenwashing” and shares similarities. “Greenwashing” was coined by environmental activists to describe efforts by corporations to portray themselves as environmentally responsible in order to mask environmental...
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...GONE GIRL August 29, 2013 GONE GIRL Based on the novel by Gillian Flynn Screenplay by Gillian Flynn TWENTIETH CENTURY FOX 10201 W. Pico Blvd. Los Angeles, CA 90035 FINAL SHOOTING SCRIPT AUGUST 29, 2013 Revisions September 15, 2013 & September 27, 2013 ALL RIGHTS RESERVED. COPYRIGHT 2014 TWENTIETH CENTURY FOX FILM CORPORATION. NO PORTION OF THIS SCRIPT MAY BE PERFORMED, PUBLISHED, REPRODUCED, SOLD OR DISTRIBUTED BY ANY MEANS, OR QUOTED OR PUBLISHED IN ANY MEDIUM, INCLUDING ON ANY WEB SITE, WITHOUT THE PRIOR WRITTEN CONSENT OF TWENTIETH CENTURY FOX FILM CORPORATION. DISPOSAL OF THIS SCRIPT COPY DOES NOT ALTER ANY OF THE RESTRICTIONS SET FORTH ABOVE. GONE GIRL by Gillian Flynn Based on the Novel By Gillian Flynn Yellow Revised Pink Revised Blue Script White Script — - 9/27/13 9/15/13 8/29/13 7/30/13 Al BLACK SCREEN NICK (V.0.) When I think of my wife, I always think of her head. FADE IN: INT. BEDROOM SOMETIME Al - We see the back of AMY DUNNE’S HEAD, resting on a pillow. NICK (V.0.) I picture cracking her lovely skull, unspooling her brain, Nick runs his fingers into Amy’s hair. NICK (V.0.) Trying to get answers. He twirls and twirls a lock, a screw tightening. NICK (V.0.) The primal questions of a marriage: What are you thinking? How are you feeling? What have we done to each other? AMY wakes, turns, gives a look of alarm. * BLACK SCREEN 2 EXT. NORTH CARTHAGE MORNING 2 - A carved faux-marble entry—reading FOREST...
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...She's Dating The Gangster Color coding † Athena Dizon (17) † Kenji delos Reyes (18-19) † Lucas Lazaro (18) † Athena Abigail Tizon (18) † Sara Jung (17) † Jigs Bala (18-19) † Kirby Araneta (18-19) † Grace Matic (18-19) † Nathan Dizon (20) † Carlo Paez (15) † Athena's parents † Kenji's family † others Prologue love is happiness... love is smiling when you hear that person's voice... love is the butterflies in your tummy no matter how many times you see that person... love is when you look at them and smile for no reason... love is seeing an imperfect person perfectly... love is painful.. love is hard... love is sacrifice.. love is sadness.. “Can I live without the happiness? Can I live with that sadness? I don't know...I don't know anything anymore” I remembered that once I fell in love with a Gangster. I don't know how and when it happened. But I do remember saying that "I have fallen for this one of a kind stupid gangster. Oh wait, let me correct that. I LOVED this stupid gangster.. I gave him happiness while he gave me suicide in return. I know, It sucks. But I never regretted loving him in the first place, well… maybe I did." I also remembered loving everything about him ncluding his flaws.. Friends told me that we met in a very spontaneous way.. And then everything happened so fast.. But... Who's this gangster?? I know two gangsters but.. Which one am I dating? Chapter ONE You wanna know...
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