Documente Academic
Documente Profesional
Documente Cultură
This chapter presents the related literature and studies that help the
researchers identify issues that serve as a basis to have ideas and to define
the study. And the related literatures provide the researchers insights to be
Related Literature
Planning
found that the large sized 5 cooperatives are found to have introduced a
few tools of management accounting; but they do not normally serve the
purpose. They are neither used for planning and controlling the operations
of the business nor they are used for the decision making process.
that the efficiency of the units are low in terms of return on investment and
capacity utilization and fixed assets to net worth. The efficiency of the use of
funds flow analysis reveals that the share of internal sources of finance to
total sources stood at 33.8 per cent. The factors like age, size of investment
units.
owned by a business charts out the direction of that business during the life
of these assets. A business might not see its long term if it cannot carefully
plan and lay out a policy to effectively manage its finances. As a result,
owned by a business charts out the direction of that business during the life
of these assets. A business might not see its long term if it cannot carefully
plan and lay out a policy to effectively manage its finances. As a result,
Controlling
with the consumer behavior of young adults. It has been argued that these
(Henry, Weber, & Yarbrough, 2001; Parotta & Johnson, 1998), have grown
whether or not the way in which individuals manage their personal finances
insurance, and retirement and estate planning (Godwin, 1994; Parotta &
Johnson, 1998).
lifestyles and easy credit (Dugas, 2001). However, young adults often begin
their college careers without ever having been solely responsible for their
own personal finance (Borden et al., 2008). It was also pointed out that the
motives and enterprise goals. Joo (2008) indicates that effective financial
term consequences not only for that person but also for enterprise, society
investments, insurance and retirement and estate planning. Xiao and Dew
(2011) take into account the personal financial management with regard to
cash flow, credit, saving and investing management. There are many
management behavior such as credit card (Nguyen and Lai, 2013; Vuong
Decision making
of funds to achieve the project objectives efficiently high productivity and fulfilling
financial management must be highlight goals that seek it and that can be
achieved in light of its potential (Abdel Hamid, 1992). In general, the best guess
for the economy is the assumption that the project aims to maximize profits, and
have a definite and clear desire to make profits, but also in the increase to the
number of questions and faced with a range of criticism makes him the honor is
not the only objective of some projects, and thus there is a set of objectives that
into account the magnitude, opportunity and risk of the future cash flows of
investment. Funding decisions concern the specific mix of long-term debt and
capital that the company uses to finance its operations,i.e., optimal capital
assets and liabilities in a way that ensures the adequacy of resources for
important for businesses to seek the optimum combination of the three kinds of
the business.
techniques they used to make decisions on capital budget, financing costs and
sources, and dividends. Their results show that investment decisions are
closely related to funding opportunities, and that the method used for the capital
budget is the internal rate of return and the net present value. They also found
that most Canadian companies determine an optimal debt and equity ratio. With
regard to dividends decisions, present and future earnings represent the most
This study is related to the current study because Gichuru’s research also
investigates the challenges encountered by Insurance companies which is the
goal of the current study. Also, it seeks to know the challenges in implementing
the marketing strategies in some Insurance Companies in Kenya.
This study of Nthenge was related to the current study because it also
focused on the challenges that encountered by the insurance company in
Tanzania which is also the main variable of the current study. Also, both studies
are interested in the same topic that knows the challenges face by the insurance
companies.
According to the study of Brau, James, Merrill, Craig and Staking, Kim
(2015) Insurance Theory and Challenges Facing the Development of
Microinsurance Markets which examines some of the critical elements of
insurance theory that may help understand the challenges facing microinsurance
markets and how these markets can better serve the needs of their customers.
This study gathers its data through observations and interviews with
microinsurance institutions and insured microenterprises. As a result of the study,
Brau, Merrill and Staking’s study shows that while the basic elements of
insurance theory have much to offer in the design of microinsurance products,
the unique nature of risks that exist at the based on the economic pyramid
require a careful consideration of the multiple risks in order to most effectively
target this marketing segment.