FUNDAMENTAL OF LOGISTIC MANAGEMENT AND STRATEGY Xi-Er Dang Abstract This paper provides a basic but fundamental understanding of logistic primarily based on the book of “Logistics Management and Strategy” by Harrison and van Hoek. It will guide you through from the basic definition and concepts to the different supply chain strategies that exist‚ as well as providing a perception on the future logistic development. Explanation of principal terms like logistic‚ supply chain management and supply network
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British Petroleum Company (BP) and Amoco Corporation are two of the largest oil and gas firms in the world. In spite of the intense rivalry between the two companies for several years‚ they decided to merge in 1990. The upstream business of BP which is exploration and manufacturing of crude oil accounted for 68% of its revenues while that for Amoco accounted for 60%. BP Amoco after the merger in 1998‚ their business involved exploration and production of crude oil. This was their upstream business
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there were about 600 colleges in India offering about 70‚000 MBA seats. By the end of 2009‚ the number had increased to 1‚400 colleges offering about 120‚000 MBA seats! And this is increasing. *Fast Moving Consumer Goods 3 For Students of Management Courses 4 Things are clearer as far as what is required to get a good job The entire question here ends in things like Attitude‚ Communication‚ Presentation‚ Body language‚ Leadership. If candidates do not have these‚ it is tough for them
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All organizations have goals‚ and their managers need information as they strive to attain those goals. Managerial accounting is the process of identifying‚ measuring‚ analyzing‚ interpreting and communicating information in pursuit of an organization’s goals. It is an important part of any organization’s management information system. 1-1. The following changes should be in store for managerial accounting as a result of the explosion in e-commerce: a. Companies will have to invest in their security
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BP COMMUNICATION FAILure DURING GULF OIL SPILL CRISIS An important component of crisis management is response. Response can include several actions such as communication with stakeholders‚ the public and the government. Appropriate and effective communication can minimize the distribution of incomplete and inaccurate information‚ reduce speculation and prevent or quell rumors. In fact‚ studies suggest that the message itself can affect the public’s evaluation of the company and perhaps
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1101IBA – Management Concepts Literature Review and Report Richard Branson‚ Virgin Group Succession Planning 1‚650 words Table of Contents 1.0 Introduction 3 2.0 Problem Identification 3 3.0 Critical Analysis 5 3.1 Goal Establishment 5 3.2 Relay Succession Planning 6 4.0 Recommendations 8 5.0 Conclusion 9 6.0 Reference List 10 1.0 – Introduction Assuring effective succession is considered
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on the use of my time and reach my educational goals‚ I will execute these specific time management strategies. Accessing and planning a weekly schedule and adjusting my daily schedule are the two specific time management strategies I will use to help me maximize the use of my time and reach my ultimate educational goals. Keeping an accurate schedule will facilitate the use of my time and the process for strategy number one‚ accessing and planning a weekly schedule. I will make a list of what I
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REVIEW OF RELATED LITERATURE AND STUDIES Humans have been using insecticides for thousands of years. The Egyptians used unspecified chemicals to combat fleas in their homes about 3‚ 500 years ago‚ and arsenic has been used as an insecticide in china for at least 2‚ 900 years. Insecticide is a substance that kills insects. Insecticides are sometimes called pesticides. But pesticides include substances used to control mice‚ weeds and other pests besides insects. Insects harm human by transmitting
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Planning facilitates management by objectives. Planning begins with determination of objectives. It highlights the purposes for which various activities are to be undertaken. In fact‚ it makes objectives more clear and specific. Planning helps in focusing the attention of employees on the objectives or goals of enterprise. Without planning an organization has no guide. Planning compels manager to prepare a Blue-print of the courses of action to be followed for accomplishment of objectives.
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Chris Intro to Business 9/22/10 BP and Ethics This case is about the safety problems faced by BP‚ the third-largest oil and gas producer in the world. On March 23‚ 2005‚ an explosion at BP’s Texas City refinery resulted in one of the most serious workplace accidents in the US. An investigation by The US Chemical Safety and Hazard Investigation Board (CSB) uncovered many safety lapses at the Texas City refinery. BP was accused of endangering its workers by compromising on process safety due
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