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1st, most likely is determining "risk tolerance", and goals including time frame.
If someone can truly devote the necessary time, and retain information to manage
their own, they are best off. Professional advisory services with good track records
and no conflict of interest hazards are available in every field of investment. Always
do the research necessary to make a choice or decision. Ultimately, the funds come from you, so you are responsible, obtain the right advisory for you.
Hope this helped, Good Luck.
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∙ 14y ago
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Why is interfunctional cooperation important for new-product design?
Are you in E-Mgt 253? If so, our stupid book doesn't say anything about it! I'll just BS this answer for the assignment. If you have no idea what I'm talking about, then sorry, I don't know the answer...
What is retail audits?
□Continuous Research □Large scale research projects □Ongoing basis □Market research agencies □Examples: 1.Customer panels 2.Retail audits 3.TV viewership panels 4.Website analysis 5.Customer relationship mgt systems □Continuous Research □Large scale research projects □Ongoing basis □Market research agencies □Examples: 1.Customer panels 2.Retail audits 3.TV viewership panels 4.Website analysis 5.Customer relationship mgt systems
Why you like to join Hawkins as a management trainee?
bcoz it is a brand name and pioneer in its segment i.e home appliance and while working with it i can add more value and knowledge to my skiils and as i am a guy from middle class i can understand the market variables very minutely that will help me to reach up to the expectation of the Hawkins mgt
What are objectives of procurement management?
the core responsilbility is to procure goods and services required to run the business. taking responsibilty for implementing cost cutting measures is a viable objective negotiating competitive pricing, obtaining quality products assuring time delivery-JIT vendor selection as well as consistent ongoing vendor evaluation is an essential objective of vendor mgt compliance with the federal and state laws that affect the procuring of goods and services teamwork-with other depts greening the organisation-cost cutting measures & products that also save the environment
How much does a state farm agent make?
An average agent makes less than $50,000 a year and that is after going in to debt the first 4-5 years approx $100,000-$150,000 the new contract is awful . Older agents on the older contracts average $300,000 but not on the new deal it's no longer a prized opportunity. Son and Daughters are not going into Dad's agancy and now in some cases Mom's. The company is going the way of Geico and is pushing new agents out by making them earn blue collar wages after risking their entire life and being an agent. This new contract has causes hundreds of bankruptcies and divorces. Reports are as high as 25% QUIT in the first 4 yrs due to not getting close to what State Farm promised them, look elsewhere or go Independent.AnswerLet me give an answer from the perspective of a six-year employee (me). I work as a licensed agent (staff person) working for an agent. I have worked for two State Farm agents, in two different markets. I tried to become an agent and was not approved. Perhaps it was a blessing in disguise. From the words of the first agent I worked for, "I wouldn't encourage my own son to try to become an agent." He explained to me as one of the commentators did here that the 'older' contract (the one he was/is under) was very lucrative but that the company has changed that contract at least twice since. As stated, the failure rate for new agents is high- over 50% don't make it. Many of them do indeed pour their live savings (and borrowed money- tens and tens of thousands) and efforts into their hopes of the dream business- only to miss quotas during their first or second years and end up terminated by the company.AnswerMore and more newer agents are filing bankruptcy. They mostly started in 2004 and 2005 and next year the 2006 agents will be included. The company will NOT let you take a copy of this current contract to your attorney for evaluation before you go in to agency this is even after you have been hired by the company. Ask them if you can do this and their word track will be the last person that did that is no longer with the company. Why wouldn't they let you see a contract that they expect you to run a business and create a business plan off of that's insane. The current contract is 8 %, Yes you can make more than that on your P&C but you will spend more than you will get in return, You are on a higher default rate the first two years and then MOST agents take a pay cut, even some the top 20% do. Management will not tell you what the number % of new agents that actually take a pay cut after default. The agents that went into management are not coming back to "personal production" as they call it as they know the current contract is not good and they are not getting the Big Books of business that they once did. This is not a good opportunity on this current deal it has caused many Bankruptcies and divorces. If you are considering this or are already in you need to know some things to survive.1. Borrow as little as possible, now before you get your contract they will "suggest" you a. have 3 or more staff b. buy the expensive new furniture package. c. Sign a lease on a nice office that will surely have high rent. d. They will "suggest" you opt in to all types of marketing and advertising some are poor returns but they will still "suggest" it2. Try to purchase a used furniture package, there are so many agents that are leaving after 3-5 years there are a lot of nice slightly used furniture packages. Talk to new agents they will know about an agent that just quit of filed BK and call them, The furniture packages are $18,000+ new many times you can get a great deal on them.3. Try to rent the current office ask, beg whatever for a 1 year lease. Mgt lies to you so tell them anything like you are going to build your own building4. You may have to have that 3 rd or 4th staff (team member) to get your contract as soon as you sign cut right away and try to keep them from going to another agent in town and stealing accounts, as the company will do nothing if they do this.5. Try to make friends will all the agents in your town and get them to agree that you will not hire their staff or vice versa. Do this before you start agency. Of course they will ask you about one of their friends in your book, give them to them to show you are willing to work with them. Now you do this because you get paid more on auto and fire the first 2 years so when you cut after you sign you won't have your x staff going to the agent a mile down the road stealing 200 customers, I have heard some horror stories. The company will over pay the staff if they have to pay the bills for a while if there is time between you and the previous agent. Some staff (numbers used just for example) were making $12 and hour for the old agent the AFO may have paid them anywhere from $15-$20 to retain then, you immediately tell them that they were basically all fired when the old agent left and it's up to you to choose to hire them or not and you are a new business owner and there is no way you are paying that much. They will say they can't afford a pay cut, well they worked for years for the amount the previous agent paid them. You will see right away if they are a tem player or not. Let them know you have agreements with all the other agents that they won't be hired there. You can never let your customers or employees dictate how you will operate your agency. Most staff won't quit they need their jobs as much as you need experienced staff. So if they do quit just replace them. Also get immediate access to their email accounts many agents have caught their staff stealing this way or wasting alot of time with worthless email. If your staff clicks off email alot when you walk by they are doing things they shouldnt. Make them keep their cell phones off and make them accountable. Some will be great workers others will only have had to service policyholders and can't sell you might need one service staff the first year but you dont need three.6. Document everything you DAFE tells you and contact nasfa they can help you, maybe even record what is said in meeting in your office it's your space and you can do that. You will spend way to much money the first year you have to try to control it w/out appearing to do so. I can't tell you the # of agents that started in 2004 and 2005 that say they are $100,000-$150,000 in debt w/out any light at the end of the tunnel.Remember nothing is going to change unless they do the right thing and give Us the same deal the previous agents have called the AA97 contract. The main goal is to tell every new agent what the truth is and the Interns need to know what they are getting in to because they have been led astray to by management. They told these newer agents that it's our fault as we didn't control our expenses. They made us get all that staff, rent, furniture etc. They say they "suggest" but it's clear you do these things or forget getting your contract. Also sell tons of LIFE Insurance. Hopefully you will start near Jan, if not then depending on when you start open the flood gates. Go ahead and Buy that HUGE policy on yourself. Buy them in 3 or 4 policies because you'll probably need more life insurance but after yr. 1 you can cancel 2 or 3 of them. You don't want to be paying $20,000 a year for life Insurance. Get your contract and then cut back cut down, work hard and sell all you can, keep one staff if you can afford them. It helps if your spouse works it's almost a must. This opportunity is NOT Recommended until they treat Us all the same and that's the AA97 contract.
Is strategic management necessary for change management or risk management?
change mgt. overachs strategic mgt. and risk mgt. is one partchange mgt.
What is the market cap for MGT Capital Investments Inc MGT?
As of July 2014, the market cap for MGT Capital Investments Inc (MGT) is $6,011,116.89
What is the symbol for MGT Capital Investments Inc in the AMEX?
The symbol for MGT Capital Investments Inc in the AMEX is: MGT.
Is international working capital mgt more complex than domestic working capital mgt?
YES
What does the abbreviation mgt mean?
Management
What is to be rewarded with the time of waiting?
risk mgt
Is mgt time back in Illinois?
No it is not back.
Does Exxon use JIT inventory mgt?
yes
How do you abreviate Management?
Mgmt. or mgt. Both are acceptable.
What are the limitations of management accounting information?
The Mgt Accounting suffers from certain limitations as follow:Based on Accounting Information: Mgt Acccounting is based on data of Financial and Cost Accounting. Historical data is used to make future decisions. The correctness and effectiveness of managerial decisions will depend upon the quality of data on which these decisions are based. If financial data is not reliable then Mgt Accounting will not provide correct analysis.Lack of Knowledge: the application of Mgt Accounting will be useful to person connected with Decision making process as they have proper understanding of Mgt Accounting and related subjects such as Statistics, Economics, Prinples of Mgt, Engineering etc.,Intuitive decision: In Mgt Accouting decision making based on facts and figures, there is a tendency to make decisions intuitively. Mgt may avoid lengthy courses of deciding things and may take an easy course of arriving at decision, using intuitive. Interitive decisions limits the usefulness of Mgt Accounting.Not an alternative to Administration: The tools and techniques of Mgt Accounting provide only information and not decision. Decisions and their implementations are done, by Mgt. So it has supplementary service function and has no final say in taking decisions and their implementations.Top heavy structure: Introduction of this system is costly affair and can be used by big concerns only. Smaller concerns cant afford to use this system because of heavy cost.Evolutionary state: Mgt Accounting is only in a developmental stage. The technique and tools used by this system give differing results. The conclusions taken from analysis and interpretation are not the same. It will take some time to take a final shape.Personal Bias: The interpretation of financial information depends upon the personal judgment of the interpreter. Personal prejudices and bias affect the objectively of decisions.Psychological Resistance: The Installation of Mgt Accounting involves basic changeless in organizational setup. New rule and regulations are to be framed which affect a number of personnel and hence there is a possibility of resistance from some or other.
What is the newest Samsung cell phone?
Samsung B2100 MGT-B3210 Samsung B5702 OmniaPro B7320 MGT-C5212 MGT-E1080 Samsung E1085T MGT-E1100 MGT-E1105T MGT-E2120 Samsung Omnia II Samsung I8510 Samsung has a number of great cell phones available. Some of the latest Samsung cell phones are the Samsung Galaxy S III and the Galaxy Note II. There is a newer version that is due to come out very soon which is the Galaxy S4.
Has the MGT for idoc been reinstated?
There are rumors flying around inside that it will be reinstated in January...but that is all it is...rumors. MGT has not officially been reinstated, and with all the press lately, it is doubtful that it will.
