High insurance costs give foreign companies a competitive edge

Article Abstract:

Insurance for product liability is becoming more expensive for both foreign and domestic firms; the price of umbrella coverage, however, is increasing more dramatically for firms in the United States than for foreign firms, primarily because damage awards in the U.S.are greater. As a result, American companies are having difficulty competing with foreign firms. One way to minimize product liability insurance costs is to obtain a policy that separately insures foreign and domestic risks; most American insurers will charge lower premiums for the foreign portions of such a policy.

INSURANCE CARRIERS, Methods, United States, Europe, Economic aspects, Finance, Prices and rates, Insurance, Product liability, Risk management, Products liability, International competition (Commerce), International competition (Economics), Products liability insurance, Product liability insurance

---

Participatory management: solving problems from bottom up

Article Abstract:

Although for years participatory management programs seemed confined to factory settings, the concept is finding itself applied in corporate financial management departments with the goal of increasing returns on short term investments and setting up foreign sales corporations. The use of quality circles to solve problems with treasury department operations is discussed. In addition, as employee problem solving becomes more the vogue in corporate America, treasury department employees are finding themselves assigned to participatory management groups increasingly.

Analysis, Management, Usage, Innovations, Work groups, Teamwork (Workplace), Problem solving, Participatory management, Controllership, Quality circles

---

Similar abstracts:

• Abstracts: Overcoming computer-phobia one key to advancement. Salary, opportunity lure cash managers to banking careers
• Abstracts: Taxable IDBs emerge as an attractive funding source. Momentum building for legislative relief from insurance crunch

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.