Transcription of PRINCIPLES OF MANAGEMENT
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PRINCIPLES OF MANAGEMENT
DIPLOMA IN INSURANCE SERVICESMODULE - 1 NotesPrinciples of MANAGEMENT Business Environment 524 PRINCIPLES OF INTRODUCTIONIn earlier chapters you have studied how the insurance sectoris developing in Indian economy and in the present scenarioinsurance sector is one of the promising sectors to provideemployment opportunity. Once you have opted your career ininsurance sector and select any form of organization to do theinsurance business, as discussed in the previous chapter andto run any organization one should have the knowledge ofprinciples of MANAGEMENT . In the following paragraphs theprinciples of MANAGEMENT is being discussing the PRINCIPLES of MANAGEMENT it is to explainthat all industrial or business activities can be classified asfollows:1. Technical activities consisting of production activities consisting of buying, selling activities concerning search for optimum use activities concerning protection of property activities concerning with maintenance ofaccounts including activities consisting of planning, organizing,commanding, co-ordaining and controllingMODULE - 1 Business EnvironmentNotes 53 PRINCIPLES of ManagementDIPLOMA IN INSURANCE SERVICESA lt
any insurance company is to insure life or property of the human being. The goal is to insure maximum number of person or the property so that the risk can be spread on number of persons. 2. The line of action to be followed. Once aim is set to insurer human being or property then the next step is how to insure human beings or property. The ...
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