Office Management Association
Many organizations have set up or are in the process of setting up their presence on the internet. Despite the efficiency of the internet in business transactions, organization managers should take note that unless protected using encryption, business information and data transferred across the internet is liable to interception. In this case, the managers ensure that clients’ information is collected using a secure form, while encryption is utilized to protect confidential information between a user’s Web browser program and the organizations Web server.
Conversely, international business is faced with issues such as export controls. For instance, computer software containing cryptographic components or other types of restricted technology listed on United State’s Export control List require the obtaining of export permits which is the responsibility of the managers of the organizations reselling or consuming the software to obtain the necessary authorization.
Additionally, organization managers in countries listed on the Area Control List or are subject to embargo by the United Nations should seek permission to import particular products from the States. Life insurance, also called life assurance, is a contract between the policy owner (the client) and the insurer (the insurance company), where the insurer agrees to pay a sum of money upon the occurrence of the insured’s major physical injury or death. The insured client, in return, agrees to pay a stipulated amount called a premium at regular intervals.
To be a life policy, the insured event must be based on the life (or lives) of the people named in the policy. The contract terms are established by presentation to the client as legal contracts with terms describing the limitations of the insured events. Given that there is the risk of the insured suing the insurer for ‘breach of contract’, for example, when the insured makes claims relating to war, riot, ethnic crushes, and civil commotion, making the insurance companies lose money in judicial procedures that follow.
In such a case, the insurance managers should ensure that the terms of the insurance policy are clear about the covered events and categorically exclude the unconsidered events.
Alan G. , & Fraser M. (2004). Legal issues relating to internet web sites. Retrieved on July 30, 2010. http://www. gahtan. com/alan/articles/website2. htm Harold M. H. , & Donald B. M. (2007). The life insurance contract. Mansfield: Life Office Management Association. Kutais B. G. (2002). Internet policies and issues. New York: Nova publishers.