you about Norton Lilly International? What has accounted for Norton Lilly’s success over the past 150+ years? What aspects of Norton Lilly do you find unimpressive? Norton Lilly is a company that has showcased its ability to withstand the test of time. The company has steadily grow and expanded both nationally and internationally since getting their start in 1841. The company was able to shift with the tides when cargo containerization came into the fold in the 1970. The ability to change‚ but doing
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Norton Lilly 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
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WITH TCS? 6 2.2 ROLE OF TCS IN THE SHIPPING WORLD 7 2.3 TCS IMPLEMENTING ERP AT KOCHI PORT 12 3. PHASE I – ASSET REVIEW AND CERTIFICATION COURSE 13 4. PHASE II - ASSET DEVELOPMENT 18 5.1 OBJECTIVE 1: TO STUDY AND ANALYZE THE FINANCING TECHNIQUES OF: (A) NEW SHIPS‚ (B) SECOND HAND SHIPS 33 5.1.1 COMPARISON OF WORLD’S TOP NATIONS IN TERMS OF SHIPS COMPLETED (IN GT) 48 5.1.2 FINANCIAL MARKET PRODUCTS 53 5.2 OBJECTIVE 2: TO ANALYZE VARIOUS KINDS OF SHIPPING MORTGAGES AVAILABLE ACROSS THE GLOBE
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used to stabilise a vessel when partially loaded or empty‚ (b) In Ballast - term to describe vessel sailing empty to next loading port. BENDS - Abbreviation for ’both ends’. Used when any loading and discharging term for a vessel is the same for both loading and discharging operations. BFI - Baltic Freight Index - an index reflecting a composite number of routes‚ issued on a daily basis. BIFFEX - Baltic International Freight Futures Exchange -exchange on which freight future contracts are traded
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Implementing Change Vilma Balanta HCS/ 475 November 10‚2014 Dr. Llyod Ford Implementing Change Implementing change in any area of an organization can be challenging. Change can be good and bad. Change is not always easy to adapt too. According to Charles Darwin‚ "it is not the strongest of the species that survives‚ or the most intelligent‚ but the one most responsive to change". It is important that the manager has a plan of action before trying to implement any change. This paper will discuss
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Implementing Change Paper Victoria Bullock HCS/745 January 21‚ 2013 Kathie Huttegger Implementing Change Paper Introduction Managers have to bring changes into a company because some of the old ways of doing order or working with employees need to change. The manager responsibility is to make sure the changes which the company is implementing are done at a right pace and all the employees know the reason for the change. Some people at an organization are use to one way and not want
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Case Title: The Shipping Industry Accounting Team Case summaries must be submitted before class‚ on the days they are called in‚ to receive marks. 1) What type of team was formed here? Was it necessary‚ in your opinion? A virtual team was formed here. I think it was necessary‚ because all of the three firms made a decision together to not focus the whole business on only one office. Teams were put together with members from different areas of the country and had to communicate
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internally driven transformational programme that you are familiar with discuss the key drivers for change and the role of management Introduction ‘Be the change that you wish to see in the world’ is an adage that has inspired individuals‚ families and companies to move from a lower platform to greater heights. In order to survive organizations‚ small or big need to constantly introduce strategies that maximize shareholders value and profitability. To this end‚ Cargo Carriers International has made
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Transformational Change The four stages of the transformational learning process are identifying the problem‚ confronting the problem‚ finding a solution‚ and integration of knowledge. The first stage is called confronting the problem. This is a big integral part to any problem one may be facing in their lives. You have to first identify and recognize that there is a problem and admit that the problem exist. The second stage of the transformational learning process is confronting the problem
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1. The shipping industry structure will be explained via the 5 competitive forces of Porter: THREAT OF NEW ENTRANTS | New entrants face entry barriers such as: Large financial resources required to invest in a container terminal or in a shipping line. There is a big time lag between the investment (buying cranes‚ ordering vessels) and the start of operations. Conferences among shipping lines will determine the price and other conditions of the market. Vertical integration between terminals
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