describe Progressive Corporation's value chain
Homework Answers
VALUE CHAIN
Non-Standard Insurance Industry Independent Agency Forces Non-Standard Insurers Progressive Agent Progressive Two main chains in the non-standard insurance industry:
1. Insurance companies worked with an independent agent, who
procured clients for them.
2. Progressive worked with their own agents who were an important
part of matching clients to claims and pricing claims fairly.
Progressive Corporation Margin Inbound Logistics Operations Outbound Logistics Marketing & Sales After-Sale Service Data Gathering Rating Underwriting Investing Policy Issues Billing and Collections New Sales Policy Renewal Policy Re-pricing Agent Mgmt. Advertising Claims response Loss Control Loss Settlement Financial Accounting / Legal Counsel / Regulatory Compliance Personnel Training Research and Development (Product/sales practices/Settlement procedures) IT & Communications
Describe and give examples of the characteristics of "anti-progressive"
Describe and give examples of the characteristics of "anti-progressive"
7. Describe the primary activities in a value chain using an example. 8. What is a...
7. Describe the primary activities in a value chain using an example. 8. What is a value chain? List the primary activities in a value chain. 9. Explain value chain linkages.
The main objective of a supply chain is to maximize the overall value created. Briefly describe...
The main objective of a supply chain is to maximize the overall value created. Briefly describe the importance to implement such objective across the supply chain rather than to individual member of the supply chain.
describe the concept of value in strategic relationships in healthcare supply chain sourcing/aquiring.
describe the concept of value in strategic relationships in healthcare supply chain sourcing/aquiring.
Describe the multiple groups and leaders that emerged in the fight for the Progressive agenda, including...
Describe the multiple groups and leaders that emerged in the fight for the Progressive agenda, including women’s rights, African American rights, and workers’ rights. How were the philosophies, agendas, strategies, and approaches of these leaders and organizations similar and different? What made it difficult for all Progressive activists to present a united front?
Describe the three types of value (supply) chain frameworks and state which one you like the...
Describe the three types of value (supply) chain frameworks and state which one you like the best. Why? What does leadership look like in the supply chain and how does it impact operations management? Provide an example.
Short answer: Describe the four steps that a value chain helps managers identify opportunities to create...
Short answer: Describe the four steps that a value chain helps managers identify opportunities to create a competitive advantage
1.Porter’s Competitive Forces Model, Porter’s Value Chain Model, and strategies for competitive advantage a)Describe Dell’s business...
1.Porter’s Competitive Forces Model, Porter’s Value Chain Model, and strategies for competitive advantage a)Describe Dell’s business model? Then mention who Dell’s major competitors are? Then, elaborate on what Dell’s competitive strategies are? b)Describe the tasks that Dell must accomplish for each primary value chain activity. c)How would Dell’s information systems contribute to Dell’s competitive strategy, given the nature of its business?
Determine and describe ten best practices to control the interrelatedness of key business areas, the value-chain,...
Determine and describe ten best practices to control the interrelatedness of key business areas, the value-chain, operations, and finances. Support your best practices with Internet research and your personal experience.
list and describe four non-income-based taxes. be sure to categorize each tax as either progressive or...
list and describe four non-income-based taxes. be sure to categorize each tax as either progressive or regressive
7. Describe the primary activities in a value chain using an example. 8. What is a value chain? List the primary activities in a value chain. 9. Explain value chain linkages.
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