Corporate- Never-Die Battery has come to you for help. They have acquired some l

Corporate- Never-Die Battery has come to you for help. They have acquired some losses and need help filling out the proper forms. Explain to Never-Die Battery that risk has been traditionally defined as uncertainty concerning the occurrence of a loss. This project is for you to develop an insurance plan to help mitigate those losses.
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Looking back at the chapters, we have studied many concepts, that are discussed in greater detail in Chapter 3. Secondly, the idea that insurance is only one of several methods for handling risk. Finally, in many cases, other methods for handling risk may be more effective and several risk treatment measures may be used together.
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From a Corporate Finance perspective, your assignment is to write a plan that easily explains the losses that could occur within a business/corporation. This scenario is discussed and stated on page 586 within Application Questions #2. Be sure to discuss and define types of losses.
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Next, you should summarize the current situation. Be brief, but include all applicable information that someone not familiar with the case would need to know.
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Develop the plan so that anyone can determine what is going on just by reading it. Provide enough detail so someone can determine what losses occurred, and what forms were required.
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You should detail recommendations for the company. What are the steps Never-Die Battery should take to determine what expenses they are responsible for? Be specific and quantify the impact of each loss expense. You should also discuss the different types of insurance losses.
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Next, you should summarize everything discussed and included in your conversation with the company. Be brief, but include all applicable information that someone not familiar with risk would need to know.
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Thoroughly developed risk management insurance plan which considers the effectiveness of existing approaches. Provides a thorough explanation of how this risk management insurance plan encompasses economic and industry factors.
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Distinctly identifies, describes, and evaluates in detail at least two implementation strategies including tactics and timelines.
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Distinctly identifies, describes, and analyzes an organization’s internal and external risk management insurance plan in a detailed SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis that completely addresses all components of the SWOT to determine the most effective use of resources.
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Provides a strong linkage between recommendations and economic, industry, and company factors.