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8976 Disadvantages of Using the Value at Risk (VaR) Model

The value at risk (VaR) model has several advantages, which is why it is used widely in different parts of the world. However, the model also has some very distinct disadvantages. The existence of these disadvantages does not mean that the model should not be used. It is still one of the best tools at […]

8970 Disadvantages of Risk Management Information Systems

Technology has disrupted the entire business world and the field of risk management is no exception. All across the world, companies have been spending millions of dollars in order to upgrade themselves and use technology in a manner that helps them minimize risks. There are several advantages to this approach which we already studied in […]

11509 Team Models – Different types of teams

Teams are the principal building blocks of the strategy of successful organizations. The focus of your organization may be on service, quality, cost, value, speed, efficiency, performance, or any other similar goals, but teams remain the central methodology of most organizations in the private, non-profit, as well as government sectors. The fact remains that when […]

11030 Various Aspects of Risk Management

What does risk management mean? Is it just identification, assessment and planning and controlling social, economic or physical threat to the organization? Is the concept only about transferring the risk or reduce its negative effects? Well, the answers for the above questions is “no”. The process of risk management is not only restricted to controlling […]

10818 Pros and Cons of Reinsurance Pools

In the previous article, we have already seen how reinsurance pools work. We have also seen how the governments of countries around the world collaborate with private reinsurance companies in order to make the concept of reinsurance pools a success. However, a deeper knowledge of this subject is required by any student. Hence, in this […]

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The motivation concepts were mainly developed around 1950’s. Three main theories were made during this period. These three classical theories are-

These theories are building blocks of the contemporary theories developed later. The working mangers and learned professionals till date use these classical theories to explain the concept of employee motivation.

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