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Between Developed And Emerging Markets: Globalization Of Large Consumer Good Enterprises, Christine Savino Ms.
Between Developed And Emerging Markets: Globalization Of Large Consumer Good Enterprises, Christine Savino Ms.
Honors Scholar Theses
A few years ago, The Economist promulgated that “the only way that companies can prosper in [emerging] markets is to cut costs relentlessly and accept profit margins close to zero” (The Economist, 2010). Likewise, according to the World Bank’s 2018 Ease of Doing Business Index[1], the least ranked countries (#94 and under out of 190 countries) are solely undeveloped and developing, while the top 20 countries are solely developed economies (World Bank, 2018). It has been long held that emerging markets[2][3] are non-strategic investments for multinational expansion, and that business giants from …
Evolution Of Insurance: A Telematics-Based Personal Auto Insurance Study, Yuanjing Yao
Evolution Of Insurance: A Telematics-Based Personal Auto Insurance Study, Yuanjing Yao
Honors Scholar Theses
Insurance has been constantly evolving since its inception; nowadays, insurance has become an indispensable part of people’s daily life. Nonetheless, very few individuals understand the mechanism behind their insurance coverage. This paper focuses on the evolution of personal auto insurances. The first part of the paper summarizes traditional pricing techniques for personal auto insurance and discusses their deficiencies. The second part of the paper introduces telematics insurance, an innovative form of auto insurance. This new kind of insurance integrates telematics as well as other technologies in the premium calculation process. The study proceeds to evaluate the pros and cons of …