Purpose- This research attempts to assess the merits of the stakeholder/legitimacy theory on one side and the economic/decision usefulness theory on the other side, in explaining the perception of the Lebanese insurance managers about a potential introduction of microinsurance in their respective portfolio of insurance products. The study is conducted from a corporate social responsibility perceptive using socio-political theories, in particular, the stakeholder and legitimacy theory and the economic theories that include agency and decision usefulness theories. Design/methodology/approach- ...

Oil and gold are considered to be the most two strategic commodities. Crude oil is the world’s most frequently transacted commodity while gold has a leading position among the main precious metals. This thesis examines empirically the relationship between gold prices, oil prices and US dollar index. Monthly data for gold prices, oil prices, US dollar index and other controlled variables over a period of 20 years were selected from Bloomberg platform. This thesis uses a unit root test and the Johansen test to check for the existence of cointegration between each pair of selected variables. Further ...

The shipping industry is a major determinant of the Lebanese trade and service sector. Shipping agencies are now aware that their employees are ever more important in sustaining competitive advantage. Provided by adequate front-line assistance, employees can greatly influence customers’ impressions about the shipping company. This study assessed the relationship between each construct of the role stressors – role ambiguity, role conflict and role overload – and job satisfaction for non-managerial employees. Role ambiguity is a state of misunderstanding a person has about his/her role’s expectations. ...

In this thesis, we will merge into the Lebanese Agriculture Sector, specifically the Bekaa Valley of Lebanon. Study to search excellence in the agriculture and find solutions in making this sector more performant and competitive. This topic was driven by concerns from farmers in our village, Anjar (Bekaa), seeking to make profit from their crops. Unfortunately, the farmers in Lebanon do not have any government support and at the end of the season, if their crops survive they sell them at very low prices to commissioners and not directly to the shops. In order to study the agriculture sector in ...

The main purpose of this study is to show the importance of building a sales team in the business, and how crucial it is to maintain a solid commercial strategy, accurately tailored and professionally supervised, driving the company to success. This study summarizes the results of Radisson beauty s.a.r.l starting with its formation, and the different processes that the company took to create a well-organized and successful sales team. Throughout this process, each member of the sales team was required to submit a questionnaire and was deeply interviewed to assess his progress, the collected ...

Contracting overseas construction projects is usually considered a “high risk business”, mostly because of a lack of adequate overseas environmental information and overseas construction experience. Managing risk is one of the primary objectives of firms operating internationally, nevertheless, the treatment of risk and uncertainty in the international management firm vary in their use of those terms and tend to look at particular categories of risk. In recent years, owners and contractors have aggressively pursued international business opportunities and projects, but in the face of the ...

The American Foulbrood (AFB) disease is one of the most serious bee diseases affecting the brood, and causing substantial damage to apiaries. The misuse of antibiotics by beekeepers in order to treat AFB has led to elevated antibiotic residues in Lebanon honey products, constituting one of the major trade barriers affecting export activities to the EU territories. The occurrence of the AFB disease is common in Lebanon. In fact, 53% of the Lebanese beekeepers are suffering from AFB infection with an annual loss 1.7% of their colonies. In an attempt to eradicate this disease, beekeepers are using ...

In the middle of an unstable region and an ongoing fierce competition among companies in order to gain market share and develop further. A question arise on how can a Lebanese company like Medicals International, which deals with selling and marketing health care items related to ophthalmology and dentistry remain ahead in the business and increase its sales numbers, thus; generating profits? Would its penetration of a foreign market like ban give it this advantage? If so, what are the steps that this company needs to adopt in order to gain a success story in the Islamic Republic? The experience ...

Purpose: this study explores the impact of terrorism on daily Brent crude oil returns and volatility. From mid-1987 till end of 2013, we examine how successful terrorist attacks with high and low intensity and carried out in the most oil-dependent Middle Eastern and African countries affect Brent dynamics. We also investigate the degree to which attacks against oil businesses and facilities play a role in altering Brent returns and affecting their fluctuations. Design/methodology/approach: we gathered from the Global Terrorism Database (GTD) all the daily terrorist attacks performed against ...

Purpose: This paper aims to evaluate manager’s beliefs of what actions or practices are important during a crisis, and to evaluate their actions to test for the consistency between beliefs and performance in Lebanon. This will help assess how managers categorize diverse practices to formulate their crisis management beliefs and actions in hotels in Lebanon. Design/methodology/approach: the methodology applied used the quantitative approach of a positivist ontological and epistemological stance. The model that was employed was that of Importance-performance analysis to evaluate decision makers’ ...