Shipping Management - Explain Financial Management with the Help of the Following Points

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SHIPPING MANAGEMENT

1) What are quality Management Systems? (Marks 10)

2) Explain Impact of Competition on rates? (Marks 10)

3) Describe the complete structure of shipping Operations? (Marks 10)

4) Explain the following in brief? (Marks 10)

a) Bulk Cargo market.

b) Iron Ore trade.

c) Coal trade.

d) Grain Trade.

e) Shipping Demand Forecast.

f) Operating Cost.

g) Ship Market.

h) Freight Market.

5) Explain Financial Management with the help of the following points. (Marks 20)

a) Debt Equity Mix and Dividend.

b) Treasury Function.

c) Funds from international sources.

d) Trading activities.

e) Shipping Business.

f) Buying and selling of ships.

g) Foreign Exchange transactions

h) Diversification.

6) Case ——–II (Marks 20)

„h The Indian cultural belief in “Karma” if it is for the upliftment of oneself

„h Indian society’s acceptance of creation of riches by a person by his/her ownefforts.Wealth is seen as God’s gift. „h An almost mythical belief of bringing oneself above the masses both in excellence and in wealth. The impact of this belief is so deep that we have accepted the “lotus” as our national flower which blooms even in dirty ponds without its natural beauty and fragrance being affected. „h A large sea coast and a large coastal population which earns its living from sea resources. „h A growing offshore oil industry which provides support to the shipping industry, especially in times of depression in the shipping industry.

„h The existence of English as a widely spoken language which happens to be the lingua franca of the shipping industry. „h Recent growth in net worth of non-resident Indians and Indian ventures abroad who can be both investors and users of shipping services. Until now, my comments and questions have been straightforward but the problem ahead is to find the best...