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Founded in 1872 Zurich has offices in more than 50 countries and employs about 57,000 people. They provide insurance and risk management solutions and services for individuals, small and mid-size businesses, large corporations and multinational companies. Zurich is the second largest in general corporate business worldwide, second largest general insurer in Europe and the third largest general insurer in the U.S. (Zurich, 2006).
Management is the process of working with people and resources to accomplish organizational goals (Bateman & Snell, 2004). Management is divided into four functions and the first one is planning...
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