CERTIFICATE IN MARITIME ECONOMICS MODULE ONE Economic Geography of Maritime Transport Dr. Stavros Tsolakis Lloyd's and the Lloyd's crest are the registered trademarks of the society incorporated by the Lloyd's Act 1871 by the name of Lloyd's. CONTENTS WELCOME TO THE COURSE ........................................................................................................ 3 STRUCTURE OF THE COURSE .................................................................................
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3a) Explain with example what is vertical and horizontal supply chain relationship and how they differ from each other. Vertical relationship is when a company has control of or expands their business into each step of a process, like different points of the same production path. Example: A car company that chose to expand into tire manufacturing, which would fit how you've defined vertical integration. Horizontal relationship is when a business tries to become a monopoly by buying other companies
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International: Written Case Norton Lilly is an international shipping agency. They have 37 regional offices, which provided service to ships in 70 ports located in North America, Caribbean, Pacific, and the Middle East. Their services consist of booking freight for export, clearing inbound cargo with U.S. customs, fueling vessels, restocking vessels with supplies and provisions, and arranging cargo-handling services. The company started way back in 1841, 150 years ago to this case’s time period, starting
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CHAPTER 6 Reporting and Analyzing Inventory Study Objectives. • Describe the steps in determining inventory quantities. • Explain the basis of accounting for inventories and apply the inventory cost flow methods under a periodic inventory system. • Explain the financial statement and tax effects of each of the inventory cost flow assumptions. • Explain the lower of cost or market basis of accounting for inventories. • Compute and interpret the inventory turnover ratio
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they are going to leave for another job. Giving the company to look for another employee and waste their time and money training a new employee in the process. The perfect example is new employees don’t know how to work the new freight fast enough and leave freight behind on the stock room and if the product is out of stock on the sales
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PROFESSIONAL DIPLOMA IN INTEGRATED LOGISTICS & SHIPPING MANAGEMENT DECLARATION OF ORIGINAL WORK I, RAJU A/L NALLO (NRIC NO: 810523-10-6053), student Matrix No: PX110511TS619 declare that the project paper title is “A STUDY ON IMPROVING AND CONTROLLING THE RISK OF INJURY TOWARDS EMPLOYEES AND TO REDUCE THE AMOUNT OF MANUAL HANDLING WORKS IN IKEA HANDEL SDN. BHD.” is the result of my own research except as cited in the references. The project paper has fulfilled the requirements as needed
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RUNNING HEAD: Scotts Miracle-Gro : The Spreader Sourcing Decision Unit 7 Scotts Miracle-Gro : The Spreader Sourcing Decision Kaplan University School of Business and Management MT460 Management Policy and Strategy David H Brose Professor: Zurick October 11, 2011 Introduction Scotts merged with Miracle Gro in 1995 to form the largest lawn and garden supplier to the do it yourselfer. The company started as a seed supplier in 1868, claiming to distribute
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week, including nights, weekends and holidays. Heavy weight shipments. Less than truck load (LTL) freight. 600 miles next day delivery. 1,600+ miles second day delivery. • • • Custom brokerage. Electronic custom clearance. Speed shipments across the border. External Environment Household name Competitive environment Global Presence IT advances Strong market position in air freight Competitive Environment World wide presence Dominates ground services domestically
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Introduction: Chapter 4 case 4-1: Qmont Mining: Alice Winter’s manager gave her a project which requires her to determine how the supply systems for remote locations can be improved. Qmont has 17 remote locations. Each have their own drilling crew with a geologist or engineer that is in charge. Alice contacted the accounting department to find out how the invoices for the remote locations were paid. She found out that the accounting department paid all invoices that were submitted even if they
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Chapter 15 1, Exporting to a foreign market and manufacturing in a foreign market are the methods in which a firm can enter a foreign market. The relatively easier and more popular way of entering a foreign market is by way of direct and/or indirect exporting. Both deal with the export of a good to a foreign market but in indirect exporting involves no special expertise and no large cash presence. A commission in doing indirect exporting is often common in which a 3rd party is usually involved.
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