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Friday, March 28, 2008

Ethics in Insurance

The Following Post was sent by Toni Forrester.
As a special investigator of suspected fraudulent automobile claims for an nsurance carrier, it is my responsibility to conduct my investigations with honesty and integrity in order to uphold the values developed by my employer as well as myself. It would be very easy to be underhanded and deceitful to find ways to not pay claims. However, my employer has established a comprehensive list of business practices that promote fair and balanced investigations to resolve concerns with the claims being reported. Ultimately, these investigations, if conducted inappropriately, could lead to costly litigation. Therefore, it is always best to treat our policyholders with the utmost respect and always be aware that they are not only our customer, but also an individual. By doing so, this will ensure our company will continue to survive, grow and be a leader in the insurance industry.

Thursday, March 13, 2008

Money Management Seminar!!!

We at Bethany University SIFE are pleased to announce that we will be holding a money management seminar on Monday, March 24 at seven o’clock in the evening. It will be held at The Sky Park Classroom at 361 Kings Village Rd, Scotts Valley, CA, 95066 and will be free of charge. The keynote speaker for the seminar will be Cherry Roberts of Woodland Financial Wellness and she will be focusing on the topic of debt management. This event is open to the public and people of all ages and demographics are encouraged to attend.

Sunday, March 9, 2008

Ethical Business Practices Cultivate Win-Win Relationship

It is possible to profitably build a business around a universally accepted and fundamental ethical concept: seek to build win-win relationships between your trading partners. An efficient and just market is one that rewards firms that create value for its customers and trade based on trust, respect and integrity. Firms that expect to sustain a competitive advantage need to forge business relationships with vendors and customers. Vendors become reliable and trustworthy suppliers of quality goods and services necessary for a firm to create value for its customers. And customers expect their suppliers to deliver on their promises. When both suppliers and customers gain from a business exchange, they both win. Therefore, firms should strive to build mutually beneficial relationships with their trading partners--win-win: Firms purchase needed products or services at prices that fit their budget and suppliers sell products and services at a profit that enables them to sustain and grow their business. This is not only good business practice, it also fulfills the ethical goal of treating our neighbors with the same respect we have for ourselves.

Monday, March 3, 2008

Black Ball Transport

The following post was written by David Booth, who is Senior Vice President, Finance and Administration for Black Ball Transport:

Black Ball Transport, Inc. has operated the M.V. Coho vehicle and passenger ferry between Port Angeles, Washington and Victoria, British Columbia continuously since 1959, transporting over 20 million passengers and 5 million vehicles.

Company management strives to conduct all its business relationships in a fair and ethical manner, based on the belief that doing so is good not only for its own sake, but that it is also a good business practice that furthers the long-term viability of the company.

Whether dealing with employees, customers, vendors or regulatory authorities, we look to achieve the proper balance between maintaining profitability and providing a fair deal (and of course complying with all applicable laws). In practice, this means that we will steadfastly guard our interests, but we will not cut corners if it would compromise the safety of our employees or customers, or if it would degrade our product and the customer experience. We will also do our best to be reasonable and meet someone halfway in the event of a dispute. Finally, it means we will be as open and transparent in our communications as possible.

We at Black Ball Transport, Inc. enjoy what we do, and look forward to serving the public for many years to come.