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Messages - rahim2008

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BBA Discussion Forum / Peril
« on: March 20, 2020, 10:37:18 AM »
Peril is the source of loss as distinct from the uncertainty of loss. For example, a fire, an earthquake and a liability judgment are same sources from which loss emerges. There are perils that give raise to risk but they are not risk in themselves in insurance.

                            1. Judgment method
                            2. Numerical rating systems

BBA Discussion Forum / Determination of Risk in Life Insurance
« on: March 20, 2020, 10:36:02 AM »
1.Standard risk
                      2.Sub-standard risk
                      3.Super standard risk
                     4. Un-insurable risk

BBA Discussion Forum / Various types of Risk
« on: March 20, 2020, 10:35:23 AM »
1. Speculative risk
        2. Pure risk
        3. Particular risk
        4. Fundamental risk

BBA Discussion Forum / Fundamentals of Risk: An Overview
« on: March 20, 2020, 10:34:53 AM »
Risk is something which takes some amount of uncertainty. Risk insurance means uncertainty of loss. But in insurance risk means uncertainty of loss which can be measured in terms of money. For example, accident of a car, burning of a house.

According to Professor Mark R. Greene, “Risk is the uncertainty of the occurrence of an economic loss”.

According to Frank Knight, “Risk is measurable and uncertainty”.

BBA Discussion Forum / Group Performance Factors
« on: March 20, 2020, 10:33:51 AM »
1. Composition
             2. Size
             3. Norm
             4. Cohesiveness

BBA Discussion Forum / Why do people join in Group?
« on: March 20, 2020, 10:33:21 AM »
1. Security
           2. Status
           3. Self – Esteem
           4. Affiliation
           5. Power
           6. Goal Achievement

BBA Discussion Forum / Stages of Group Development
« on: March 20, 2020, 10:31:43 AM »
1. Mutual Acceptance
                2. Communication and Decision Making
                3. Motivation and Productivity

BBA Discussion Forum / Group Dynamics
« on: March 20, 2020, 10:31:10 AM »
The group dynamic is the social process by which people interact face to face in small groups, called group dynamics. The word dynamics comes from Gerick word, meaning forces hence group dynamics refers to the study of forces operating within the group.

1. Cost Argument
   2. Resources Acquisition Argument
   3. Flexibility or Creativity Argument
   4. Market Argument
   5. Production Argument
   6. Synergy Argument

1. Organizational culture
2. Human resource management
3. High careers involvement of the employees
4. Heterogeneity in race, nationality and ethnicity. These must be coordinated

5. Educational problem may exist in cross-cultural situations, which should be resolved.
6. Cultural differences.
7. Divergent cross-cultural values. Mind set about cultural differences or cultural change.

Communication Skill
 Leadership Skill
Interpersonal Skill
Flexibility Skill
Functional and Technical Strength
Technological Literacy

BBA Discussion Forum / Cross- Cultural Management Skills: An Overview
« on: March 20, 2020, 10:27:08 AM »
An important element that bears significant impact on management is culture. Culture is the most fundamental determinant of a person's wants and behavior. Understanding culture of a particular group creates opportunity for operating management in that group. On the other hand, misunderstanding poses a significant barrier. It is the age of globalization. The involvement in international business has increased greatly. So, it is essential to attain cross-cultural management skills.  According to Torriugton (1994), “cross-cultural management is the ability to demonstrate a sequence of behavior that is functionally related to the attainment of operational goals.” This skill refers to

Understanding the impact of multiculturalism and how they affect an organization;
Learning specific culture of other and the own. Cross-cultural management skills always require learning one's own culture without which on comparison is possible;
Recognizing the differences between cultures;
Recognizing what cultural factors and how far they have impact on organizational management;
Learning to implement a culture;   
Recognizing how other culture can be implemented within an organization structure and system;
     So, cross-cultural management skills imply understanding the impact of cultural factors, cultural diversity and flexibility in adapting other culture.

My Exclusive Interview has been published in the Daily Jugantor Newspaper.

BBA Discussion Forum / Government Role in Conflict Resolution
« on: March 20, 2020, 10:21:35 AM »
1.Government is not sincere
2.Government’s failure
3.Government considers usual
4.Government instigates conflict
5.Government officials take benefits from leadership
6.Social leaders take benefits from Trade Union
7.Political leaders take benefits from Trade Union/ Management
8.Law is not effective
9.There is no binding of law

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