Organizational Challenges

CSME – Nov 2015 – L2 – Q4 – Risk Management and Corporate Strategy

Analyzes strengths and weaknesses of Toyin Trust Insurance Plc pre- and post-2000 ownership changes, and suggests strategies for sustaining the company.

Question

Toyin Trust Insurance Company is one of the duly registered insurance companies in Nigeria. Ten years after it started operations in 1990, the company had become a household name in the market. Its strengths included timely payment of claims and introduction of quality products that captured changing customers’ needs.

At inception, the company was 100% foreign-owned, with five of the seven directors being experienced expatriate insurance practitioners. However, by 2000, over 90% of the equity had been transferred to Nigerian investors. In 2009, following reorganization, many experienced senior managers resigned, and inexperienced staff took over key positions, leading to a decline in service quality and a 40% drop in premium collection.

Required:

a. Analyze the strengths of Toyin Trust Insurance Plc before 2000. (5 Marks)
b. Analyze the strengths and weaknesses of Toyin Trust Insurance Plc after 2000. (5 Marks)
c. Suggest essential strategies to sustain Toyin Trust Insurance Plc. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Growth, Organizational Challenges, Risk Mitigation, Strategic Management
Level: Level 2

Topic: Corporate Governance, Risk Management and Corporate Strategy
Series: NOV 2015

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

Question

b) Both Peters & Waterman and Deal & Kennedy argued that cultural strength is a powerful factor in shaping the behavior and success of organisations. A ‘strong’ culture is one in which key values are widely shared and intensely held by employees.

Required:
i) State FIVE advantages that a strong culture will bring to an organisation. (5 marks)
ii) State FIVE disadvantages that can exist in an organisation due to the practice of a strong culture. (5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Success, Employee Motivation, Organizational Challenges, Organizational Culture
Level: Level 1

Topic: Organisation culture in business
Series: MAY 2017

CSME – Nov 2015 – L2 – Q4 – Risk Management and Corporate Strategy

Analyzes strengths and weaknesses of Toyin Trust Insurance Plc pre- and post-2000 ownership changes, and suggests strategies for sustaining the company.

Question

Required:

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Growth, Organizational Challenges, Risk Mitigation, Strategic Management
Level: Level 2

Topic: Corporate Governance, Risk Management and Corporate Strategy
Series: NOV 2015

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Success, Employee Motivation, Organizational Challenges, Organizational Culture
Level: Level 1

Topic: Organisation culture in business
Series: MAY 2017

Question Tag: Organizational Challenges

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

CSME – Nov 2015 – L2 – Q4 – Risk Management and Corporate Strategy

Analyzes strengths and weaknesses of Toyin Trust Insurance Plc pre- and post-2000 ownership changes, and suggests strategies for sustaining the company.

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

CSME – Nov 2015 – L2 – Q4 – Risk Management and Corporate Strategy

Analyzes strengths and weaknesses of Toyin Trust Insurance Plc pre- and post-2000 ownership changes, and suggests strategies for sustaining the company.

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

Our offerings

Contact Info

Customer

Get In Touch

Question Tag: Organizational Challenges

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

CSME – Nov 2015 – L2 – Q4 – Risk Management and Corporate Strategy

Analyzes strengths and weaknesses of Toyin Trust Insurance Plc pre- and post-2000 ownership changes, and suggests strategies for sustaining the company.

You're reporting an error for "CSME – Nov 2015 – L2 – Q4 – Risk Management and Corporate Strategy"

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

You're reporting an error for "BMIS – May 2017 – L1 – Q3b – Organisation culture in business"

CSME – Nov 2015 – L2 – Q4 – Risk Management and Corporate Strategy

Analyzes strengths and weaknesses of Toyin Trust Insurance Plc pre- and post-2000 ownership changes, and suggests strategies for sustaining the company.

You're reporting an error for "CSME – Nov 2015 – L2 – Q4 – Risk Management and Corporate Strategy"

BMIS – May 2017 – L1 – Q3b – Organisation culture in business

State five advantages and five disadvantages of a strong organizational culture.

You're reporting an error for "BMIS – May 2017 – L1 – Q3b – Organisation culture in business"

Our offerings

Contact Info

Customer

Get In Touch

admin