Verified Document

Insurance Summary As Insurance Companies Go, The Essay

Insurance Summary As insurance companies go, the particular organization that was the subject of this study -- i.e. The place of employment for the team members involved in the research and analysis -- was fairly standard. Several different departments existed in one large room of cubicles in a building owned and wholly occupied by the company, several other departments existed in separate rooms and executives offices were on the top of the third floor building. This physical structure of the organization largely reflected the organizational structure of authority and decision making power, with this power very much concentrated at the top and command highly centralized. Though this is not generally the recommended structure for organizations involved in many industries, and particularly for manufacturing concerns that deliver more tangible products to consumers, this top-down organization and...

This reflects a greater degree of decentralization, which enables more responsive, effective, and specific decision making (Kotelnikov 2011). Though a mundane office hierarchy on initial appearance, this company's communication and decision-making structures were actually somewhat complex.
The approach used by the company to identify, assess, and address problems was an activity-interaction…

Sources used in this document:
References

Advameg. (2011). Problem solving styles. Accessed 21 February 2011. http://www.referenceforbusiness.com/encyclopedia/Per-Pro/Problem-Solving-Styles.html

Kotelnikov, V. (2011). Flat organizational structure. Accessed 21 February 2011. http://www.1000ventures.com/business_guide/organization_flat.html
Cite this Document:
Copy Bibliography Citation

Related Documents

Northwestern Mutual Life Insurance Company
Words: 8235 Length: 30 Document Type: Term Paper

Northwestern Mutual Life Insurance Co Insurance business in modern day has adopted a differential approach to dealing with policy issues and consumer behavior yet some companies like Northwestern Mutual Life retain their original course of actions with clear mission and core values to provide exceptional service to their consumers. The following report is an analysis of such exceptional quality and distinguishable positioning of the company. Whether one is a business entity, a

Insurance Dilemma in Health Care
Words: 1936 Length: 7 Document Type: Term Paper

Insurance for Nurses Most of us probably see the issues of overtime and insurance as being entirely separate from each other. But for nurses, there is a clear connection between the two - one that is becoming clearer all of the time. Nurses have throughout the past decades found themselves working more and more hours, often being forced to take overtime shifts. This has resulted in a decreased quality of

Building Insurance Coverage Each Year,
Words: 2324 Length: 8 Document Type: Research Paper

Under Anglo-American common law, Ungern-Sternberg (2004) reports that, "When a property has changed owner, it is quite possible that no insurer is liable for subsidence damage, even though it has been permanently insured. Many homeowners suffer from the illusion that their building insurance will automatically pick up the whole bill but some have found this an expensive pipe dream" (p. 49). In reality, when consumers purchase a new home,

Risk and Insurance: Aramark Risk
Words: 2953 Length: 10 Document Type: Term Paper

They were just so intense, so focused, so transaction-driven, there literally wasn't time for people to put ideas out and discuss and debate them." These constraints to effective management oversight and innovation were further exacerbated when the company went private in 2001. According to Stopper, "ARAMARK went from a leveraged buyout situation in 1984, with only some 50 people having equity in the company, to an initial public offering (IPO)

Health Insurance and Diabetes Is
Words: 3009 Length: 7 Document Type: Term Paper

What this in essence means is that the patient would not be able to choose his own brands of medication; he must only buy what the committee has recommended, otherwise, he would lose out on his health insurance payments. A woman who faced a problem similar to that mentioned above talks about her experience as a diabetic. She said that when the health insurance company stated that they would be

Health Insurance Costs Perhaps It Is Simply
Words: 3597 Length: 14 Document Type: Term Paper

Health Insurance Costs Perhaps it is simply that we all need a few good villains in our life, and with the Cold War firmly over we must look closer to home to find our bad guys. Or perhaps it is simply that there is a great deal of villainy in society, that in fact society is nothing more than an evolutionary process of ever-more sophisticated forms of villainy. Either explanation might do

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now