Insurance
Insurance enables those who suffer a loss or accident to be compensated for the effects of their misfortune. The payments come from a fund of money contributed by all the holders of individual insurance policies. In other words, individual risks are pooled and shared, with each policyholder making a contribution to the common fund.
These are institutions which accumulate the money into the fund from which claims are paid. The loss is in fact paid for by the policyholder making the claim and by all the other policyholders who have not suffered in the someway.
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Logistics Management
Life sciences and Health care
The word LIFE SCIENCES comprises Pharmaceuticals, disease control, environment protection, agriculture, animal care, Bio Technology, Biology, Biochemistry, Plant & Animal Physiology, Microbiology, and Genetic Engineering etc.
The life sciences comprise all fields of science that involve the scientific study of living organisms, like plants, animals, and human beings. However, the study of behavior of organisms, such as practiced in ethnology and psychology, is only included inasmuch as it involves a clearly biological aspect.
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Retail and consumer products
Banking
Banks are large and complex organizations. Their clients range from individuals and institutions, all the way up to the governments and central banks of entire countries.
The banks also offer investment and insurance products. As a variety of models for cooperation and integration among finance industries have emerged, some of the traditional distinctions between banks, insurance companies, and securities firms are fast diminishing. In spite of all these developments, banks continue to maintain and perform their primary role—accepting deposits and lending funds from these deposits.
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