0
What was the major European contribution to the death rateof native Americans?
Wiki User
∙ 10y ago
Infection and disease.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What of the following is necessary to determine the rateof the reaction using the rate law?
The concentrations of the reactants
Where can you find GATE 2011 chemical engineering solutions?
an equimolar mixture of Aand B is flashdistilled continously at afeed rateof 100kmol/hr,such that the liquid product contains 40 mol% of A ,if relative volatility is 6,then the vapor product,in kmole/h ,is
WHAT DO BASAL METABOLIC RATE MEAN?
Basal metabolic rate (BMR), and the closely related resting metabolic rate (RMR), is the rateof energy expenditure by humans and other animals at rest, and is measured in kJ per hour per kg body mass.
Can a student get a loan if parents don't qualify for a parent plus loan?
My daughter attends a California State University,I didn't qualify for a parent plus loan. She was given a higher student loan limit for each semester. She initially was awarded 2950 per semester and after my decline she was then awarded a blend between sub. and unsub. loans of 4750 per semester. She was looked at more as a independent student vs a dependent student.
Can a person take milk thistle without a gallbladder?
Milk thistle is a commonly-rescribed herb used to treat a variety of liver problems. It helps to clean, decongest and protect the liver against toxin buildup, according to Lise N. Alschuler of Bastyr University. Milk thistle stimulates the flow of bile, decreases liver enzymes and extends the survival rateof liver cirrhosis sufferers. Alschuler mentions that milk thistle may be an effective treatment of liver disease in alcoholics. It is an excellent liver tonic after gallbladder removal. No standard dosage exists. Consult your health practitioner for dose and usage guidelines.Sponsored Links
How fast will a rock fall from 10000 ft?
-- At the beginning, when it's dropped, its speed is zero.-- At the end, when it hits the ground, its speed is 802.5 feet per second (547.2 mph).-- During the 24.92 seconds when it's falling, its speed increases smoothly at the rateof 32.2 feet per second faster every second than it was a second earlier.These numbers are true if the rock is not falling through air. If there happens to beair in some or all of its path, then the numbers are somewhat different, and they'ddepend on the shape, size, and weight of the rock. Even knowing those details ...which you haven't included in the question ... a calculation in advance would befiendishly complicated, and the only real way to accurately predict the answerwould be to take the rock up to 10Kft, drop it, and time it.
Why eclipses occur monthly or nearly monthly?
The rotation of the moon (the path it takes when orbiting Earth) is on a tilt, and that makes it so that we don't always have eclipses. For example, for a lunar eclipse to happen, the moon needs to pass straight through Earth's shadow (this counts for solar eclipses as well, just the moon would need to pass across the sun), and because the moon's rotation is on an angle, it doesn't always pass through Earth's shadow.
7p's of marketing mix of insurance sector?
® INTRODUCTION:Wherever there is uncertainty there is risk. We do not have any control over uncertainties whichinvolves financial losses. The risks may be certain events like death, pension, retirement oruncertain events like theft, fire, accident, etc.Insurance is a financial service for collecting the savings of the public and providing them with riskcoverage. The main function of Insurance is to provide protection against the possible chances ofgenerating losses. It eliminates worries and miseries of losses by destruction of property and death.It also provides capital to the society as the funds accumulated are invested in productive heads.Insurance comes under the service sector and while marketing this service, due care is to be takenin quality product and customer satisfaction. While marketing the services, it is also pertinent thatthey think about the innovative promotional measures. It is not sufficient that you perform well butit is also important that you let others know about the quality of your positive contributions.The creativity in the promotional measures is the need of the hour. The advertisement, publicrelations, word of mouth communication needs due care and personal selling requires intensivecare.® INSURANCE MARKETING:The term Insurance Marketing refers to the marketing of Insurance services with the aim to createcustomer and generate profit through customer satisfaction. The Insurance Marketing focuses onthe formulation of an ideal mix for Insurance business so that the Insurance organisation survivesand thrives in the right perspective.® MARKETING --MIX FOR INSURANCE COMPANIES:The marketing mix is the combination of marketing activities that an organisation engages in so asto best meet the needs of its targeted market. The Insurance business deals in selling services andtherefore due weight-age in the formation of marketing mix for the Insurance business is needed.The marketing mix includes sub-mixes of the 7 P's of marketing i.e. the product, its price, place,promotion, people, process & physical attraction. The above mentioned 7 P's can be used formarketing of Insurance products, in the following manner:1. PRODUCT:A product means what we produce. If we produce goods, it means tangible product and when weproduce or generate services, it means intangible service product. A product is both what a sellerhas to sell and a buyer has to buy. Thus, an Insurance company sells services and thereforeservices are their product.In India, the Life Insurance Corporation of India (LIC) and the General Insurance Corporation (GIC)are the two leading companies offering insurance services to the users. Apart from offering lifeinsurance policies, they also offer underwriting and consulting services.When a person or an organisation buys an Insurance policy from the insurance company, he notonly buys a policy, but along with it the assistance and advice of the agent, the prestige of theinsurance company and the facilities of claims and compensation.It is natural that the users expect a reasonable return for their investment and the insurancecompanies want to maximize their profitability. Hence, while deciding the product portfolio or theproduct-mix, the services or the schemes should be motivational. The Group Insurance scheme isrequired to be promoted, the Crop Insurance is required to be expanded and the new schemes andpolicies for the villagers or the rural population are to be included.The Life Insurance Corporation has intensified efforts to promote urban savings, but as far as ruralsavings are concerned, it is not that impressive. The introduction of Rural Career Agents Schemehas been found instrumental in inducing the rural prospects but the process is at infant stage andrequires more professional excellence. The policy makers are required to activate the efforts. Itwould be prudent that the LIC is allowed to pursue a policy of direct investment for ruraldevelopment.Investment in Government securities should be stopped and the investment should be channelizedin private sector for maximizing profits. In short, the formulation of product-mix should be in theface of innovative product strategy. While initiating the innovative process it is necessary to takeinto consideration the strategies adopted by private and foreign insurance companies.2. PRICING:In the insurance business the pricing decisions are concerned with:i) The premium charged against the policies,ii) Interest charged for defaulting the payment of premium and credit facility, andiii) Commission charged for underwriting and consultancy activities.With a view of influencing the target market or prospects the formulation of pricing strategybecomes significant. In a developing country like India where the disposable income in the hands ofprospects is low, the pricing decision also governs the transformation of potential policyholders intoactual policyholders.The strategies may be high or low pricing keeping in view the level or standard of customers or thepolicyholders.The pricing in insurance is in the form of premium rates. The three main factors used fordetermining the premium rates under a life insurance plan are mortality, expense and interest. Thepremium rates are revised if there are any significant changes in any of these factors.• Mortality (deaths in a particular area):When deciding upon the pricing strategy the average rate of mortality is one of the mainconsiderations. In a country like South Africa the threat to life is very important as it is played byhost of diseases.• Expenses:The cost of processing, commission to agents, reinsurance companies as well as registration are allincorporated into the cost of installments and premium sum and forms the integral part of thepricing strategy.• Interest:The rate of interest is one of the major factors which determines people's willingness to invest ininsurance. People would not be willing to put their funds to invest in insurance business if theinterest rates provided by the banks or other financial instruments are much greater than theperceived returns from the insurance premiums.3. PLACE:This component of the marketing mix is related to two important facets --i) Managing the insurance personnel, andii) Locating a branch.The management of agents and insurance personnel is found significant with the viewpoint ofmaintaining the norms for offering the services. This is also to process the services to the end userin such a way that a gap between the services- promised and services -- offered is bridged over. In amajority of the service generating organizations, such a gap is found existent which has beeninstrumental in making worse the image problem.The transformation of potential policyholders to the actual policyholders is a difficult task thatdepends upon the professional excellence of the personnel. The agents and the rural career agentsacting as a link, lack professionalism. The front-line staff and the branch managers also are foundnot assigning due weight-age to the degeneration process. The insurance personnel if not managedproperly would make all efforts insensitive. Even if the policy makers make provision for the qualityupgrading the promised services hardly reach to the end users.It is also essential that they have rural orientation and are well aware of the lifestyles of theprospects or users. They are required to be given adequate incentives to show their excellence.While recruiting agents, the branch managers need to prefer local persons and provide themtraining and conduct seminars. In addition to the agents, the front-line staff also needs an intensivetraining programme to focus mainly on behavioral management.Another important dimension to the Place Mix is related to the location of the insurance branches.While locating branches, the branch manager needs to consider a number of factors, such assmooth accessibility, availability of infrastructural facilities and the management of branch officesand premises. In addition it is also significant to provide safety measures and also factors like officefurnishing, civic amenities and facilities, parking facilities and interior office decoration should begiven proper attention.Thus the place management of insurance branch offices needs a new vision, distinct approach andan innovative style. This is essential to make the work place conducive, attractive and proactive forthe generation of efficiency among employees. The branch managers need professional excellenceto make place decisions productive.4. PROMOTION:The insurance services depend on effective promotional measures. In a country like India, the rateof illiteracy is very high and the rural economy has dominance in the national economy. It isessential to have both personal and impersonal promotion strategies. In promoting insurancebusiness, the agents and the rural career agents play an important role. Due attention should begiven in selecting the promotional tools for agents and rural career agents and even for the branchmanagers and front line staff. They also have to be given proper training in order to create impulsebuying.Advertising and Publicity, organisation of conferences and seminars, incentive to policyholders areimpersonal communication. Arranging Kirtans, exhibitions, participation in fairs and festivals, ruralwall paintings and publicity drive through the mobile publicity van units would be effective increating the impulse buying and the rural prospects would be easily transformed into actualpolicyholders.5. PEOPLE:Understanding the customer better allows to design appropriate products. Being a service industrywhich involves a high level of people interaction, it is very important to use this resource efficientlyin order to satisfy customers. Training, development and strong relationships with intermediaries arethe key areas to be kept under consideration. Training the employees, use of IT for efficiency, bothat the staff and agent level, is one of the important areas to look into.6. PROCESS:The process should be customer friendly in insurance industry. The speed and accuracy of paymentis of great importance. The processing method should be easy and convenient to the customers.Installment schemes should be streamlined to cater to the ever growing demands of the customers.IT & Data Warehousing will smoothen the process flow.IT will help in servicing large no. of customers efficiently and bring down overheads. Technology caneither complement or supplement the channels of distribution cost effectively. It can also help toimprove customer service levels. The use of data warehousing management and mining will help tofind out the profitability and potential of various customers product segments.7. PHYSICAL DISTRIBUTION:Distribution is a key determinant of success for all insurance companies. Today, the nationalizedinsurers have a large reach and presence in India. Building a distribution network is very expensiveand time consuming. If the insurers are willing to take advantage of India's large population andreach a profitable mass of customers, then new distribution avenues and alliances will be necessary.Initially insurance was looked upon as a complex product with a high advice and service component.Buyers prefer a face-to-face interaction and they place a high premium on brand names andreliability. As the awareness increases, the product becomes simpler and they become off-the-shelfcommodity products. Today, various intermediaries, not necessarily insurance companies, are sellinginsurance. For example, in UK, retailer like Marks & Spencer sells insurance products.The financial services industries have successfully used remote distribution channels such astelephone or internet so as to reach more customers, avoid intermediaries, bring down overheadsand increase profitability. A good example is UK insurer Direct Line. It relied on telephone sales andlow pricing. Today, it is one of the largest motor insurance operator.Technology will not replace a distribution network though it will offer advantages like bettercustomer service. Finance companies and banks can emerge as an attractive distribution channel forinsurance in India. In Netherlands, financial services firms provide an entire range of productsincluding bank accounts, motor, home and life insurance and pensions. In France, half of the lifeinsurance sales are made through banks.In India also, banks hope to maximize expensive existing networks by selling a range of products. Itis anticipated that rather than formal ownership arrangements, a loose network of alliance betweeninsurers and banks will emerge, popularly known as bancassurance.Another innovative distribution channel that could be used are the non-financial organisations. Foran example, insurance for consumer items like fridge and TV can be offered at the point of sale.This increases the likelihood of insurance sales. Alliances with manufacturers or retailers ofconsumer goods will be possible and insurance can be one of the various incentives offered.
