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Business Essay

  • Submitted by: datgurlnikki89
  • on November 25, 2012
  • Category: English
  • Length: 887 words

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Below is an essay on "Business" from Anti Essays, your source for research papers, essays, and term paper examples.

Briefly describe what the organization is and what it does.
Government Employees Insurance Company, also known as GEICO was founded by Leo Goodwin. It was first targeted for U.S government employees and military personnel. As of today the company has grown to provide insurance to a wide range of customers, no matter where they are employed. Tony Nicely is the chairman, President and CEO of Insurance Operations. Today, GEICO is the third-largest private passenger auto insurer in the United States (Effective training, 2010). It employs more than 27,000 associates and maintains 12 major offices around the country.

GEICO insures more than 17 million vehicles and have 11 million auto policyholders and growing. It offers more than just car insurance. GEICO can help you with motorcycle, ATV, RV and Boat insurance. For your home, it offers renter, homeowners, condo and mobile home insurance. Lastly, has a surprise they offer life and identity theft protection.  

Assess the current trends in training and determine which is the most appropriate to the organization you selected.

For an organization it must involve itself with three trends that face organizations today. Successful companies in most industries must constantly realign their activities to meet new conditions while remaining true to their mission and strategic direction (Effective training, 2010). The three trends are managing talent due to changing demographics, quality, and legal issues. Business environment will continue to change rapidly and with the changes challenges and opportunities will come.

Major demographic shifts have occurred in North America that affect businesses now and will for the next 15 years (Effective training, 2010). The shifts in demographics are increased gender, ethnic, and age diversity in the North American workforce and aging of the population. For GEICO, to keep up with the market competitiveness and high demand for short supply of knowledge worker they need to...

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Business. Anti Essays. Retrieved December 15, 2018, from the World Wide Web: http://snehaedu.com/free-essays/Business-357725.html