FOREWORD M.V. VALE LIWA belongs to OMAN SHIP MANAGEMENT COMPANY bulk carrier fleet. The employment for VALE LIWA is the long term charter to VALE INTERNATIONAL. Vessel is a VLOC (4‚ 00‚000DWT) gearless bulk carrier with seven cargo holds to carry iron ore fines grade PPFT. PREPARATION OF HOLDS Prior to hold cleaning‚ it must be understood that there is a need for a complete discharge of cargo‚ especially that the vessel is gearless. Otherwise‚ difficulties will be presented of sweepings
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The most basic function that a manager is responsible for is to focus the people of the organization in performing work activities to accomplish desired goals. No matter the size of the organization‚ a manager is responsible for the planning and executing of the efforts of its team members in achieving the necessary objectives of its mission. There are four primary functions of managers known to many as POLC. These very important functions are planning‚ organizing‚ leading‚ and controlling. These
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Functions of Management There are four functions in management. These functions are: planning‚ organizing‚ leading and controlling. This paper is explains each function and how it relates to an organization. The following is an explanation taken from the book Management: Leading and Collaborating in a Competitive World‚ by Bateman and Snell‚ chapter 1‚ 2‚ 3‚ 8‚ 2009. These four functions are what management is about. The first function in management is planning. Managers must have vision
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Fairynails Beauty Products and Services S.A. Operations Management Project Due Date: May 2nd 2011 1 Table of contents Table of contents ........................................................................................................................ 1 Introduction ................................................................................................................................ 2 Company Information ...............................................................
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The Functions of Management There may be many ways for an organization to become successful but the key to success is not the system of the firm but the character and skills of the individual manager (Maister‚ 2002). Maister further stated that the character and skill of individual managers who "practice what they preach" and recognize the manager’s role in training employees are what’s really significant. Management is necessary for a business to function‚ yet when exploring the role of the
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Functions and Roles of Law in Business LAW/421 December 16‚ 2013 Jane Schneider Functions and Roles of Law in Business I believe that the functions and role of laws in businesses and society are very integrated and important. Laws are used in order to ensure that businesses don’t monopolize the market just as an example. Laws are also very important because they ensure that businesses treat their employee’s correctly‚ they are used to regulate the relationship between employees and the
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MANAGEMENT FUNCTIONS The functions of management uniquely describe managers ’ jobs. The most commonly cited functions of management are planning‚ organizing‚ leading‚ and controlling‚ although some identify additional functions. The functions of management define the process of management as distinct from accounting‚ finance‚ marketing‚ and other business functions. These functions provide a useful way of classifying information about management‚ and most basic management texts since the 1950s have
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the ratios of the strategics profit model for Walmart and Target stores. Interpret these ratios with the special attention to comparing these two major discount retailer. I thought that Walmart is significantly higher than Target. Walmart is increasing at the steady rate‚ whereas Target changes a lot. Target eventually gets to a point where its still increasing but its not increasing at the same rate that Walmart is. At the end of third quarter of Walmart had nearly $210 billion in assets. On average
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Rehan Karowaliya 26 Feb‚2013 Walmart 1. Walmart has a brilliant Distribution System and Logistics Management that helps in maintaining the company’s performance in many ways. The Distribution System procures goods directly from the manufacture‚ eliminating the intermediaries. They negotiate with manufacturers and make sure that they are purchasing each and every product from them with lowest cost running in the market. This in turn creates long term relationship with vendors. Another efficient
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The Function and Role of Law Jeremy Harrell LAW 421/ Contemporary Business Law Denver Snuffer The Function and Role of Law in Business and Society Law is something that affects everyone wherever they live. If you are involved in a business‚ law is definitely something that will affect you in more ways than one. Lack of knowledge of the society you live in and how laws will govern you can affect you and your business in the way you operate. Law Defined and its
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