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Answers to Readers' Questions - Succeed in Winning Competitions. Also refer to contest, prize, reward, performance, head-to-head, predatory, contestants, opponents, score, judges, reputation, knowledge, head-to-head, offense, defense, deter, negative, predatory, attack, superior, weaker, bully, sports, athletics, business, war, Ron Kurtus, School for Champions. Copyright © Restrictions
Answers to Readers' Questions on Competition:
Business
The following 3 comments and questions have been sent in. They are listed according to date.
List of first 10 items
- Wants to study for MBA in Washington
- Wants to improve developing raw materials in Indonesia
- Value in the insurance business
Wants to study for MBA in Washington
Question
April 2, 2010
i want some suggest to learn mba study in usa excatly washington, i want to study some rice/water developing management that i interested in.
thank you
melissa - Indonesia
19484
Answer
Water Development Management is an important subject for Indonesia and other countries, especially those growing rice.
If you are finishing your college degree, you can seek a Masters In Business Administration (MBA). However, it is not always easy for foreign students to enter advanced programs in the U.S. You should check with your college administrators for information and possible scholarships to US schools.
For information on the technology MBA program for the University of Washington see:
http://www.foster.washington.edu/academic/tmmba/Pages/TMMBAHome.aspx
You might also consider getting your advanced degree online.
I hope this helps, and best wishes in getting your MBA.
Wants to improve developing raw materials in Indonesia
Question
April 2, 2010
im from asia. indonesia is my country. my country is such a rich land country which always import to many basic/raw material from other country. my question is, why we such that easy buying and importing to many material that we have and we are to consumtive in many aspect? and in this global situation, china is our role model which those product been sold everywhere. we dont learn from china? ha ha just basic question. wait for ur reply
interest in developing raw materials managing for my country's good and wealth
melissa - Indonesia
19483
Answer
For many years, due to their Communist doctrine, China did not allow free enterprise. Only recently have they allowed and encouraged people to start up and run businesses. The results have been outstanding, as can be seen by their growth in business.
China has also encouraged education, sending their top students to colleges around the world to learn. This has helped them in being able to produce goods.
A country such as Indonesia has great potential, since it has rich land and raw materials. However, if the country only depends on selling material to other countries or letting others own and operate businesses, the country will be second class.
What is needed is to encourage local entrepreneurs to start up businesses, using your resources. Education must also be emphasized. And finally, a culture of quality should be stressed.
Some Chinese goods are not only inexpensive but also have quality. However, they also have allowed carelessness and even corruption leak into some businesses. Some items have been toxic and have harmed consumers, which has affected their reputation.
After World War II, Japan was known for cheap, unreliable goods. But then they turned to Total Quality and now are known for high quality goods.
Indonesia needs to be known for producing high quality goods, using its rich resources. That combination will be good for the country and the world.
Value in the insurance business
Question
December 20, 2007
In insurance industry, about primary activities
. what are the primary value-creating activities
. How do these activities help in creating value
Also with support activities
. identify the support activities
. how these activities help in creating value.
frank - Ghana
15004
Answer
The insurance business uses statistical data to determine the probability of risk for covering someone in case of an accident of some sort. They need to carefully determine the risk in a particular potential client. They must also be aware the some customers may be "accident prone", so they need to look at past claims. these activities create value by assuring there is no loss.
Finding new customers, convincing them that they need insurance and convincing them that your insurance company is better than the competition are important value-added activities.
Summary
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