Title | Quiz 1 Hira Naz - Perform other stock-related duties, including returning, packing, pricing, |
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Author | Hira Naz |
Course | Business Management |
Institution | Institute of Business Management |
Pages | 1 |
File Size | 40.5 KB |
File Type | |
Total Downloads | 8 |
Total Views | 138 |
Perform other stock-related duties, including returning, packing, pricing, and labeling supplies Inspect deliveries for damage or discrepancies and report those to accounting for reimbursements and record keeping Rotate stock and coordinate the disposal of surpluses Ensur...
Hira Naz 20212-29384 Quiz: 1 Date 18 June 2021 Principal of Risk Management Course: 401 Semester: Summer 2021 As an underwriter of a general insurance company, I will not recommend my management to offer insurance coverage to that textile company due to number of reasons such as physical inspection of plant reveals that the Machineries & Equipment's are very old, almost obsolete so that they could catch more often. Furthermore, using obsolete machinery can cause harm to human capital too so this way it can goes against human law and even the factory building is in bad condition this means that they are not even matching the basic standard criteria. And the other most highlighted reason is that the company’s financial shows that the company is already in loss consistently since last 5 years so the company might not able to pay premium many time. Hence, this will not be a wise decision to recommend insurance coverage to the company which is already in losses or financial crisis....