Case Study: The Bigmotor Debacle and Lessons in Effective Crisis Management
In a shocking turn of events, major used car dealer Bigmotor finds itself at the center of a crisis that threatens not only its reputation but also its very existence in the insurance business. The Financial Services Agency (FSA) has announced its intent to revoke Bigmotor's registration as an insurance agent, marking one of the heaviest penalties ever imposed on insurance agents.
The Impact of Lobbying on Resource Allocation
In the ever-evolving landscape of business, the strategic influence of lobbying in shaping policy and optimizing resource allocation is gaining recognition. A recent study conducted by Yale University offers compelling insights into the tangible benefits of lobbying efforts for businesses, shedding light on how this strategic activity significantly impacts resource allocation and productivity.