Cephalonia‚ Greece‚ 14-16 September 2006 A Six-step process for effective Crisis Management in the Port Industry EVANGELOS KOUNOUPAS‚ University of Piraeus‚ Department of Maritime Studies‚ 40‚ Karaoli & Dimitriou Str.‚ 185 32‚ Piraeus – Greece‚ Tel: +30 210 414 2535‚ Fax: +30 210 414 2569‚ Email: kounoupa@unipi.gr‚ kounoupa@ath.forthnet.gr ABSTRACT Crises often appear to be inevitable for a number of reasons. Traditional crisis management theory distinguishes between environmental factors and internal
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Out of the Crisis – W. Edwards Deming The “Red Bead Experiment” was an interactive teaching tool that W. Edwards Deming made use of in his four-day seminars. In the experiment‚ a corporation is formed from workers‚ quality control personnel‚ a data recorder‚ and a foreman. The corporation’s product is white beads‚ which are produced by dipping a paddle into a supply of beads. The paddle has 50 holes in it‚ and each hole will hold one bead. Unfortunately‚ there are not only white beads in the bead
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The crisis in Venezuela Officially called the Bolivarian Republic of Venezuela‚ the fourth largest country in South America is located on the northern coast of the continent and with an estimated population around thirty million citizens. The spanish speaking country is one of the most urbanized in South America with the majority of the population living in and around Caracas‚ the country’s capital. Venezuela is best known for its vast natural resources‚ specially its reserves of crude oil and gas
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consumer confidence‚ and increases in oil prices. However‚ one kind of shock is especially devastating to an economy: a financial crisis. Such a major disruption of the financial system typically involves sharp falls in asset prices and failures of financial institutions. In the United States‚ a financial crisis in the early 1930s triggered the Great Depression. A U.S. crisis that started in 2007 produced a recession that by many measures was the worst since the Depression. Financial crises have also
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Rolunda Baker Medicare Crisis Medicare is another project of Lyndon Baines Johnson Great Society. Spending is obviously out of control. On June 5th the government announced that the Medicare Trust Fund would go broke if something isn’t done with the spending (nationaldebt). In 1965 when LBJ started Health and Medicare‚ the Total Federal Spending for the year was $101 Billion. By the year 2000 we will spend over 4 times than amount on Health and Medicare alone‚ and Medicare will equal the annual
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distinguished history littered with bouts of financial crises and economic turmoil resulting from failed economic stabilization programs that stretches as far back as the Baring Crash of 1890 - considered to be the world’s first full-fledge emerging market currency crisis. For example‚ by some accounts‚ Argentina has had as many as eight major episodes of currency crises since 1970. Notwithstanding this litany of banking and economic debacles‚ the underlying causes for the failure of the numerous
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DISASTER MANAGEMENT’S PROJECT Handling Natural Disasters – Tsunami Made By – {name} What to do BEFORE a Tsunami * Find out if your home‚ school‚ workplace‚ or other frequently visited locations are in tsunami hazard prone areas. * Know the height of your street above sea level and the distance of your street from the coast or other high-risk waters. * Plan evacuation routes from your home‚ school‚ workplace or any other place you could be where tsunamis present a risk. *
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Discuss the extent to which economic growth may benefit the economy. (18) Economics growth is‚ it the short run an increase in real GDP and in the long run an increase in the productive capacity of an economy (the maximum output that the economy can produce). GDP stands for Gross Domestic Product which is the country’s production of goods and services valued at market price in a given time period. Real GDP is when these figures are corrected for inflation using a base year (The UK uses 2003 as
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argued that high population and low resources created a situation in which a crisis was inevitable. Certainly‚ populations were high and prices for basic foodstuffs had risen in the first half of the century. However‚ populations were already beginning the decline before the Black Death. A Malthusian crisis should thus have occurred earlier. Further‚ even after populations had collapsed in the first wave of pestilence‚ subsequent plagues continued to rock Europe and demographic recovery did not occur
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Malaysia’s Economic System Malaysia is a democratic country with excellent economic system. We are one the leading country in economic terms and being an example for the economy system we are using. In Malaysia‚ we are into mixed economy system. This economy system is the leading type of economic system that is used in most of the countries such as United States. Mixed economy system includes a mixture of capitalism and socialism. It combines private economic freedom‚ centralized economic planning
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