...Mashell Chapeyama Personal Finance Importance of Personal Insurance Keywords: characteristics of life insurance, health insurance Insurance is essential for personal and national development. On personal basis insurance is important for the following reasons: It gives people a sense of security. People who have insurance look forward to be assisted in case of a problem. For example if one’s property, which are insured are destroyed by fire, the insurance firm replaces them. So there is protection on uncertainties. Linked to this is that there is a cover up in case of certain problems that may require money. Insurance may also be a good source of credit. Some insurance companies may give credits to their clients, since there is collateral already. Some insurance ensures that the families remain viable even after some problems may have occurred. An example is when a bread winner has died. If the bread winner had life insurance the family may still have something to live on. People may only face the grief of the loving one dying without being worried of financial incapacitation. Insurance may be a very good solution in case of some social problems. An example could be a breadwinner has been injured. If the insurance covers for injuries that person can still survive Insurance reduce the fear which people may have. People are afraid of the future. They may foresee bleak futures. Insurance assists in reducing such fear. There is also transfer of the personal risk to the insurer...
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...sensitive information, whether it is personal or business related, is vital to the integrity, if not survival of the entity that it belongs to. Personal information can be items like a social security number or a birth date, while sensitive business information can be either patented designs or even customer contact databases. Keeping information like this secure requires methodologies such as the usage of the three tenants of information or otherwise known as the C.I.A. triad (Kim & Solomon, 2011). The three most important parts that makes up this triad are: “Confidentiality”, “Integrity”, and “Availability”. The expanded version of the C.I.A. triad actually contains seven critical characteristics that further emphasize the important role of keeping sensitive information secure. The following paragraphs will explain the nature and detail of each of these seven characteristics. The first characteristic of ensuring information security is confidentiality. This characteristic defines who or what has authorized access to an entity’s sensitive information. The overall goal of this characteristic is to keep access to this information restricted to only those that need to know. A good example of confidentiality is where a car company’s authorized car design team has access to confidential design schematics on a secure computer server for a particular new car but the car company’s competitor does not. Integrity is the next characteristic whereas its goal is in ensuring that...
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...Characteristics of sole proprietorship: Easy Setup/Capital/Legal Restriction/Equity Investment / Management/Freedom of Action/ Easy Dissolution/Easily Transferable In this type of business owner can start up easy. It does not have to file any paper work as long as the business is under their own legal name. The personal responsibility of the owner is unlimited. The money that is needed is provided by the owner. If you need more money you cannot sell shares of stock or bring someone else in as a partner. You will have to borrow the money yourself. Since there are no legal formalities this type of business can be easily dissolved. It can also be transferred to another person without any restrictions. This type of business is based on life or death and good health of the sole owner. An example of this type of business is: Cathy’s house cleaning service/ Joe’s Tire Shop/Dave’s Custom Cuts Characteristics of General Partnership: Trust/ Money/ Responsibility/ Joint Contribution and Gain/ Mutual Ownership This type has more than one owner. Contributions made by partners include money, property, services, ideas and knowledge. Partners also share in the gains of the business dividing the Characteristics 3 profits according to their agreement. If the business has losses both partners are impacted. They both make business decisions and implied authority. Sometimes...
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...or iii) In the context of the situation in which the perception is made. 1. Characteristics of the Perceiver: Several characteristics of the perceiver can affect perception. When an individual looks at a target and attempts to interpret what he or she stands for, that interpretation is heavily influenced by personal characteristics of the individual perceiver. The major characteristics of the perceiver influencing perception are: a) Attitudes: The perciver's attitudes affect perception. For example, Mr. X is interviewing candidates for a very important position in his organization - a position that requires negotiating contracts with suppliers, most of whom are male. Mr. X may feel that women are not capable of holding their own in tough negotiations. This attitude with doubtless affect his perceptions of the female candidates he interviews. b) Moods: Moods can have a strong influence on the way we perceive someone. We think differently when we are happy than we do when we are depressed. In addition, we remember information that is consistent with our mood state better than information that is inconsistent with our mood state. When in a positive mood, we form more positive impressions of other. When in a negative mood, we tend to evaluate others unfavourably. c) Motives: Unsatisfied needs or motives stimulate individuals and may exert a strong influence on their perceptions. For example, in an...
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...For example, you may have been verbally abused by someone in the street because you’re disabled or someone thought you were gay.If you’ve experienced a hate incident or hate crime you can report it to the police. What are hate incidents? The police and Crown Prosecution Service have agreed a common definition of hate incidents. They say something is a hate incident if the victim or anyone else think it was motivated by hostility or prejudice based on one of the following things: * disability * race * religion * transgender identity * sexual orientation. This means that if you believe something is a hate incident it should be recorded as such by the person you are reporting it to. All police forces record hate incidents based on these five personal characteristics. Anyone can be the victim of a hate incident. For example, you may have been targeted because someone thought you were gay even though you’re not, or because you have a disabled child. Other personal characteristics Some police forces also record hate incidents based on other personal characteristics such as age. In particular, Greater Manchester Police now recognises alternative sub-culture hate incidents. These are incidents based on someone’s appearance and include Goths, Emos, Punks and other similar groups. This means they will also record any such incidents as a hate incident. What type of incidents can be a hate incident? Hate incidents can take many forms. Here are examples of hate...
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...learning allows people to learn without performing actions or tasks (Feist & Feist, 2009). Basically people do learn from direct experiences but also learn from observing various tasks and actions by others. Most important the factors that give the answers to questions can be found through these forms of research and development. Dispositional Theories and Personalities Allport began his research of individual psychology by introducing his morphogenic science. Morphogenic science is the study of an individual, gathering information, and important data about the individual. Allport’s approach to personality theory poses questions such as What is personality? What is the role of conscious motivation in personality theory? What are the characteristics of the psychologically healthy person? The questions asked by Allport sets a foundation for learning the basics behind personalities. Personalities affect a person’s actions and reactions to external stimuli. Subsequently, the term dynamic organization...
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...1. Explain (trang 38) leadership and management skills organized by the competing values ? Give example for each skill. Incubation refers to an approach to creative activity through teamwork, involvement, and coordination among individuals. Creativity occurs by unlocking the potential that exists in interactions among people and networks of people. Individuals who approach creativity through incubation encourage people to work together, foster trust and cohesion, and empower others. Creativity arises from a collective mindset and shared values. Incubation is a better approach to achieving collective effort and involvement. Imagination focuses on experimentation, unique ideas, and revolutionary thinking. Fast competitive responses are more representative of investment creativity. Improvement focuses on incremental improvements, systematic approaches, and careful methods. Improvement is most appropriate when you are seeking to make incremental improvements to existing processes Investment focuses on fast responses, competitive approaches, and directly attacking problems. Investment is most appropriate when you are seeking to obtain competitive market advantage. 2. Distinguish terminal value and instrumental value. Give example A terminal value prescribes a desirable end, while an instrumental value prescribes the means. (nêu ra 18 cái) Instrumental values prescribe desirable standards of conduct or methods for attaining an end. (nêu hết) (điều kiện để gặt hái được...
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...Associate Level Material Appendix E Insurance Matrix |Type of Insurance |Functions |Example of Company |Coverage Characteristics | |Auto |The function of auto insurance is for coverage for |Auto Owners is an example of an automobile insurance | Automobile Insurance will cover bodily injury, and | | |property and liability risks, if there is an accident |company. This is an excellent company in Lansing, |property damage coverage. Coverage also protects you | | |with your vehicle. (Personal Automobile Policy) this |Michigan. |from legal liability, medical costs incurred to you or| | |is for individual coverage, (Family Automobile | |other people in your car that are injured, it may also| | |Policy) This is for several people in the family | |include collision coverage under part D of the PAP, | | |driving the same car. These are standard insurance | |and this coverage is optional. | | |contracts to make coverage comparable...
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...diversity competency and the key attributes of the diversity competency. The diversity competency includes knowledge, skills, and abilities to value unique individual, group, and organizational characteristics, embrace such characteristics as potential sources of strength, and appreciate the uniqueness of each. The key attributes of the diversity competency include the knowledge, skills and abilities of individuals, teams, and the organization to perform effectively. Diversity includes many categories and characteristics. Even a single aspect of diversity contains various characteristics that may affect individuals, t\team, or organizational behaviors. Accenture understood that must implement initiatives benefit employees regardless of age and gender to enable balancing between work and life as this is a key factor for high performance in an organization. Accordingly, Accenture developed Multi work-life programs to meet the employees needs and to give them more time flexibility outside the work place such as : Back-up dependant care program :when regular care arrangements breakdown Lifeworks program : health, legal and financial consultation Future leaves program :eligible employees who met certain attendance requirement can take up to three months to address the personal and family issues during their career life. Other strategies and recommendations More workplace flexibilities :Workplace flexibility practices generally fall into three basic categories: Flexible...
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...Characteristics of a Good Leader Introduction Leaders have an important role within an organisation related to its success, productivity and the performance of the employees. The ‘fundamental task of a leader is to build and maintain a high performing team’ (Furnham, 2005, p.566). However, Yukl (2013, p.18) argues that there are numerous and diverse definitions concerning the concept of a leader as well as the term leadership, although a general consensus appears to suggest it involves a process of influencing and guiding relationships within an organisation . Guirdham (2002, p.15) emphasises the importance of leaders having good interpersonal and communication skills, which as Yukl suggest involves the ability to persuade others. Yukl (2013, p.18) further states there are additional factors that contribute to good leadership such as the situational context and the use of power. Another issue regarding the characteristics of leaders is that many theories and models have been based on Western perspectives (House and Aditya, 1997, p.409) and typically based on research with white males (Chartered Institute of Personnel and Development, CIPD, 2008, p.7). There is some cultural crossover in servant leadership, which according to Northouse (2013, p.219), was originally proposed by Greenleaf in the 1970s, and also has origins in ancient Eastern and Western philosophies; for example, it is deeply embedded in Arab-Islamic culture (Sarayrah, 2004, p.59). A further concern is raised...
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...1. “I remember my first interview with McConnell, I walked briskly through the door, stopped and snapped a salute. He walked up to me, stuck a finger under my nose and said, ‘Take it off!’ And I said, ‘Yes, sir!’ And that was the end of that.” These were the words of Brigadier General Robin Olds in relation to his characteristic handlebar mustache that he grew while overseas. General Olds may sound like a familiar name, after all he is the reason why the Air Force celebrates the tradition of Mustache March. General Olds had quite a colorful past and a very successful military career followed by troubling issues in his personal life. This paper will explore General Olds’ past as well as some leadership characteristics that he embodied including his willingness to step up and fight regulations he deems unfit, his dedication to making the Air Force a successful fighting force, and his ability to lead by his own example. 2....
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...sensitive information, whether it is personal or business related, is vital to the integrity, if not survival of the entity that it belongs to. Personal information can be items like a social security number or a birth date, while sensitive business information can be either patented designs or even customer contact databases. Keeping information like this secure requires methodologies such as the usage of the three tenants of information or otherwise known as the C.I.A. triad (Kim & Solomon, 2011). The three most important parts that makes up this triad are: “Confidentiality”, “Integrity”, and “Availability”. The expanded version of the C.I.A. triad actually contains seven critical characteristics that further emphasize the important role of keeping sensitive information secure. The following paragraphs will explain the nature and detail of each of these seven characteristics. The first characteristic of ensuring information security is confidentiality. This characteristic defines who or what has authorized access to an entity’s sensitive information. The overall goal of this characteristic is to keep access to this information restricted to only those that need to know. A good example of confidentiality is where a car company’s authorized car design team has access to confidential design schematics on a secure computer server for a particular new car but the car company’s competitor does not. Integrity is the next characteristic whereas its goal is in ensuring that...
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...|Contents | |Title |Page no. | |Introduction |01 | |Model of consumer behavior |02 | |Physical influences within an individual |03 | |Motivation |04 | | Perception |05 | |Learning |06 | |Attitudes |06 | |Lifestyle |06 | |Social influences affect consumer behavior ...
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... |Place in Assessment | |1.1 Define the following terms: |Question 1 Page 1 | |Equality | | |Stereotyping | | |Prejudice | | |Labelling | | |Protected characteristics | | |Equal opportunity | | |Positive action...
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...Sociology Assignment #3 February 2 A. Brianna DeLuca (brd5126); Sarah Moore (sam6137) B. In 3-5 sentences, please summarize 1) personal troubles, 2) public issues of social structure, and 3) individual factors, as presented in the textbook and lecture. Personal troubles are things that happen and negatively impact an individual on a personal level. The public issues of the social structure are the negative things that impact a society and contribute to it. Private troubles can lead to public issues. Some public issues include pollution, bullying in schools, health, sexual assault, and equal rights. Some personal troubles include job status, family issues, eating disorders, drug addictions and even death of a loved one. C. Identify the show, the general topic of the show, and the day and date watched. The show we watched is The Bachelor. This show focuses on 25 women competing for one man’s love and potential marriage proposal. We watched this show on is normal airing day of the week, Monday, February 2nd, 2015. Questions D and E ask: What were TWO of the WORST, most significant, major personal troubles people seemed to have on the show? D. In a sentence or two, what was the first worst personal trouble? Who had this personal trouble? One of the bachelorettes, Kelsey, becomes upset during the show when she lets the other girls know that her former husband died due to a heart attack about a year ago. Kelsey talks about how hard it has been for her since...
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