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Life Insurance
Finance

Selection of Risk or Underwriting the Risk | Meaning | Source of Risk Information

What is Selection of Risk or Underwriting the risk? Every life insurance company is liable to assess the risk it wishes to accept and on that basis fix a …
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Insurance
Insurance

Death Claims in Life Insurance | Procedure Involved

Procedure involved in Death Claims in Life Insurance in India The following are the general procedure involved in final settlement for death claims in India. 1. Intimation First of …
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Reinsurance
Insurance

Reinsurance | Meaning & Definition | Terms | Characteristics, Objectives, Methods

What is Reinsurance? When an insurer transfers a part of his risk on a particular insurance by insuring it with another insurer or other insurers, it is called “Re-insurance”. …
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Business Combination
Business Combination

Combination Movement in India | Reason for Slow Growth | Present Position

Combination Movement in India The combination movement in India has not been so wide as it has been in some Western countries. In fact, the movement in Indian industry …
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Management
Management

Is Management an Art or Science – Discussion

Management – Art or Science? The controversy with regard to the nature of management, as to whether it is an art or a science, is very old. This controversy, …
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Advertising Agency
Advertising

Functional Departments of an Advertising Agency and their Responsibilities

Functional Departments of an Advertising Agency and their Responsibilities The organization of an advertising agency may be divided into various departments, each entrusted with a specialized function. Such functions …
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Advertising Agency
Advertising

Roles Played by Various Professionals in Preparation of Advertising Campaign

Roles played by various professionals in preparation of an effective and successful advertising campaign are briefly explained as follows. 1. Role of Account Director in preparation of advertising campaign …
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Salesman
Business Management

Control of Salesmen | Meaning | Need | Methods of Control

Introduction The success of planning depends greatly on the control of the sales force. This control activity has gained much significance in the modern competitive world. In fact, planning …
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Sales Promotion
Retail Marketing

Aggressive Selling | Meaning | Aggressive vs Defensive | Circumstance | Methods

Meaning of Aggressive Selling Aggressive selling (also known as offensive selling) refers to the various sales efforts made aggressively or vigorously by a manufacturer to obtain increased volume of …
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Salesman
Business Environment

Nature of Salesmanship | Discussion | Conditions | Criticism | Selling vs Salesmanship

Nature of Salesmanship Salesmanship is not just selling i.e., transferring the ownership of goods in exchange for money. It is the process of persuading the prospective customers to buy …
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