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Strategic Management: a Short Term Insurance Stratagem

In: Business and Management

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DEPARTMENT OF INSURANCE & ACTUARIAL SCIENCE

STRATEGIC MANAGEMENT: AN INDISPENSABLE APPARATUS TO
CREATE SUSTAINABLE COMPETITIVE ADVANTAGE IN THE VOLATILE
ZIMBABWEAN SHORT-TERM INSURANCE MARKET?
By

HENSLEY MADAMOMBE
N010 7541D

SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS OF THE B.COM
(HONOURS) DEGREE IN RISK MANAGEMENT AND INSURANCE

SUPERVISOR: MR A. NYANHETE

MAY 2014

Dedication
To my family
You have been my source of inspiration and hard work. You sacrificed everything that you had for the sake of my education. From you, I have learnt that: ‘it is only through a disciplined mind that success can only be achieved’. I will always love and cherish you.
And, to the late Mr Paul Malaba
(Former Chairman of the Insurance and Actuarial Science Department at NUST)
You have gone too soon dear Sir, but your immense contributions to the academic fraternity will forever be cherished. You were an inspiration and a father-figure to all of us. The Q.A.B courses at NUST will never be the same without you.

i

Acknowledgements
First and foremost, I would like to give honor, praise and glory to the almighty lord for his unending mercy, protection and unconditional love: “I will praise thee, O Lord my God, with all my heart; and I will glorify thy name for evermore” (Psalms 86:12, King James Version).
I would also like to thank my parents, Mr. and Mrs. Madamombe, for their parental advice, financial support, guidance and endless love. Dear father and mother: ‘you are my fountain of everlasting inspiration. Many parents have done so well to raise their children in the best possible way, but - you surpass them all. Thank you for giving me the key of life called education. I shall unlock the value of life and derive the meaning of success with this key.’
A special acknowledgement goes to my project supervisor, Mr. A. Nyanhete, for his guidance, patience, relentless support,…...

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