Question
Which type of planning is typically focused on the
long-term objectives of an organization?Solution
Strategic planning is the type of planning that is typically focused on the long-term objectives of an organization. This type of planning involves defining the organization's vision, mission, and goals, and developing strategies to achieve those goals over a period of several years. Strategic planning usually involves top-level management and requires a thorough analysis of the organization's external and internal environment. It considers factors such as market trends, customer needs, competition, technology, resources, and capabilities to develop a comprehensive plan for the future.
The Beating Retreat ceremony, held at Vijay Chowk in New Delhi on 29 January 2023, witnessed the country’s biggest Drone Show comprising ______ indige...
An independent professional person registered under the Insurance Act who represents the insurance buyer to purchase the insurers policy is known as?
A document given to an applicant for life insurance stating that the company’s acceptance is contingent upon determination of the applicant’s insura...
What is the difference between "reinsurance" and "co-insurance"?
___________ is a type of life insurance policy designed to pay a lump sum on maturity or on death.
A type of reinsurance in which the re-insurer indemnifies the ceding company for losses that exceed a specified limit is called?
Which country is the first in the world to introduce the concept of Insurance Repository services?
The Motor Vehicles Act, 1988 requires what document as proof of insurance?
The 'No Claim Bonus' is calculated based on:
A policy that covers the risk of theft of goods from a shop is:
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