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Earlier, tobacco was smoked and chewed by numerous people, and when it became a cash crop, a large number of people started cultivating it. Tobacco is one of the major sources of tax revenue for governments across the globe. The disposable incomes of people have increased over the past few years and due to hectic lifestyles consumption of cigarettes has increased as consumers believe that it is helpful in reducing stress and anxiety.

The flavored smokeless tobacco, large cigars hookah, little cig

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Failure in Risk Management: Climate Change

What do the power outages in Texas in 2021 and the ones in California in 2018 and 2019 have in common? Although the crises are different – one faced fire, the other an ice storm – in both cases, the power utility industries were negligent in risk management.

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The root causes of these power grid failures were known in advance by the employees of the responsible organizations, and were therefore 100% preventable. The overarching problem, however, is that these organizations are heavily siloed, and d

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Thursday, March 4

Join us for this complimentary event to understand why businesses are prioritizing ESG initiatives, how to build an effective program using best-practice frameworks, and when to enable a cross-functional committee to bring the Environmental, Social, & Governance criteria together into one program.

Master Class Syllabus:

* Understanding the Benefits & Complexities of a Well-Run ESG Program

* How to Overcome Common ESG Program Challenges

* Attendee Q&A: Engage with Experts to Get

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AmWINS, Employers, Hippo, Marsh, Pie and Gallagher Speak Out On Technology’s Transformative Impact On Commercial Lines

Commercial lines carriers are naturally cautious about investing in trends that may come to nothing, but the risk of inaction is becoming as great as too much haste. As new entrants gain traction in the market, incumbents risk facing redundancy if they fail to make commercial insurance easier to deliver for carriers and brokers, and a more rational, useful experience for custome

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The Definitive Guide to Ethics and Compliance Programmes

An effective ethics and compliance programme is critical to running a productive, reputable, and successful business. This complimentary guide, authored by business ethics consultancy StudioEtica and risk and compliance experts NAVEX Global, provides a step-by-step framework that will help your programme deliver on industry best practices to achieve optimum outcomes and programme ROI.

Whether you are looking to advance your existing ethic

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8601596656?profile=RESIZE_400xThe global COVID-19 pandemic has forced organizations to rapidly adopt virtual work environments, making it the new norm in the Digital Transformation process.  Digital Collaboration Platforms have been pivotal in the current scenario and have forever changed the work environment to include Virtual Work and Digital Facilitation.

Digital Collaboration Platforms provide a combination of activities in one place, making meetings almost trouble-free.  These platforms take leverage of tools to help per

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आपको केवल बिजनेस गतिविधियों को शुरू करने के लिए पैसे और अन्य संसाधनों की व्यवस्था करना होता है। कारोबारी को बिजनेस का वर्किंग कैपिटल संभालना होता है, कर्मचारियों को काम पर रखना होता है। क्लाइंट से मीटिंग्स करना होता है। ग्राहकों की शिकायतों को दूर करना होता है। बिजनेस के लिए नये उपकरण की खरीद करना होता है तथा पुराने उपकरणों की मरम्मत कराना होता है। इसके अतिरिक्त को और कार्य होता होता है तो, उसके लिए भी फंड का इंतजाम करना होता है। 

बहुत बार कारोबारी के सामने ऐसा कंडीशन आ जाता है कि खुद का पैसा मार

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Virtual production has become a strong tool for remote filmmaking. It is a real-time graphics that allows making decisions about VFX and animations on set. Virtual production empowers the producers and filmmakers in creating shots that can be easily incorporated into the film or videos.

Various innovations have been made that benefit filmmakers to plan and communicate their creative and innovative ideas in new and intuitive ways. The increasing popularity of web series having visual effects and 3

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Risk-Speak is $#!t-Speak

I have long complained that the risk profession has made risk management needlessly complex. Part of it is the creation of our own language. Risk-speak. We put “risk” in front of or after perfectly normal words like conduct, appetite and reputation.

By putting risk in front of or behind these words we feel we create an important emphasis for leaders. Worse still, when we really get going with all our jargon it’s like we are speaking Parseltongue, the language of serpents in the imaginary world of

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Chipless RFID: Everything You Seeks to Know

The introduction of chipless RFID is a breakthrough in radio frequency identification systems. Silicon-based chips are very expensive that led to the higher cost of RFID that used silicon ICs. The idea of chipless RFID came to overcome the limitations of silicon-based RFID.

Chipless RFID technology is leveraged with various functionalities like its capability to read/write, automated, and unique identification of each item. Due to its benefits and easy to use a feature, most of the retailer are t

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Modern manufacturing is the element of industrial production and it's trying to bridge the gap in using human labor in terms of cost and efficiency. This article will talk about the influence of CNC machines on modern manufacturing with a detailed explanation of how these ways have influenced the production of several technological products that are used in manufacturing industries. It is important to note that modern technology has had major positive impacts on the manufacturing industries. The

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How to Manage Your Company's Utility Bills

 

Energy costs can drive up a large part of any business's budget. By making some necessary and straightforward changes in the workplace, you can reduce your energy costs. Besides workplace changes, other assistance sources can temporarily help, and we will cover those in detail. However, the significant first step is to complete an internal energy audit, or a professional review and assessment, of your current energy use. You cannot change something unless you know what needs to change in the fi

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8591481276?profile=RESIZE_400xCut-throat competition in industries has driven companies to find ways to reduce costs while increasing efficiency.  To accomplish this, most companies have skillfully endeavored to streamline Sales, Operations Planning, Forecasting, Inventory Management, and Logistics.

One area that has still not grabbed industry’s attention is out-bound Supply Chain Managemen–from packaging to final delivery.  Companies generally neglect Supply Chain simply because they do not consider it their core competency.

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A2P messaging is a strong medium for communication that serves companies to communicate to their users. Text messages are one of the popular media of communicating through different gadgets over the networks. It helps in sending and receiving messages to the concerned person.

Growing digitalization in the world is contributing to the increasing penetration of devices like smartphones, within the global economy. Adding to it, we can say that almost every person in the world has at least one commun

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8589000693?profile=RESIZE_400xStrategy is about the methods used to attain goals.  It’s the “how” of achieving goals—desired future conditions and circumstances towards which effort and resources are spent until their achievement.

If Strategy has any meaning at all, it is in relation to some aim or end in view.

Strategy is 1 of the 4 dimensions of an enterprise structure:

  1. Goals of the organization.
  2. Resources at our disposal.
  3. Strategies for achieving above-mentioned goals –i.e., the methods used to deploy the resources.
  4. Tactics—i.e
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Understanding Risk Management

According to the ISO 31000 standard, risk management is the process that allows companies to identify, analyze, evaluate, and take action to control the risk situations to which they are exposed. These are adverse events that interfere if materialized, they hinder or affect the achievement of the objectives and can represent damages and losses. 

Simply, risk management is a codified way to mitigate the risks that will harm the future of the company. Every action we take has an inherent amount of

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8588246254?profile=RESIZE_400xWarehousing costs at most firms are extraordinarily higher than they ought to be.  Across the world, organizations spend around €300 billion annually on Warehouse Management.  With the boom in online retail stores and the increasing complexity of Supply Chain Management, this spending is going to surge further.

The leadership at these organizations understands that they should spend less on Warehousing operations, but is not aware of the real costs associated with it.  Most leaders are unable to

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In the world of the payment industry, real-time payment as an instant payment has got a solid foothold. This payment system is getting momentum due to the introduction of new schemes. Advancement in technology is bringing advancement in the real-time payment system.

It is beneficial for almost everyone whether it is a businessman, organization, or an individual who is paying a restaurant bill. Real-time payment is accompanied by many advantages like a quicker, safe, and secure method of payment.

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 By: Enrique R. Suarez  

Master of Education & International Development  

Harvard University

 

International Business Strategy Consultant/Professor

 

Agenda

• Historical Background

• Academic Underpinnings

• The Rise of Strategy Consultants

• BCG and the Experience Curve

• From the Experience Curve to Portfolio Analysis

• Strategic Business Units (SBUs) and Portfolio Analysis

 

Agenda

• Emerging Problems

• Unbundling Industry Attractiveness

• Unbundling Competitive Position

• Co

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