Explain how you would plan your business finances

Assignment Help Other Subject
Reference no: EM132044826

Part One
With regards to the world fleet, explain the global trends in ship numbers, ship size and ship type over the Past five years. Explain fully the factors influencing this trend.

Part Two
A small ship owning company wishes to replace two aging general cargo ships of 12,000 GT each, with a single general cargo ship of 21,000 GT. The replacement ship will be a new construction ship to be built in a shipyard in your region.

The shipping company, who are previously unknown to you, have shortlisted you to act as their onsite surveyor following a recommendation from an undisclosed source. The purpose of the survey is to ensure that the vessel is constructed as per the new construction contract agreed between the shipyard and the ship owner. It is envisaged that the contract will last for eighteen months. You will be the only surveyor representing the shipping company.

Explain the steps which you would take to encourage the ship owner to select you, instead of your competitors, for this long term contract. You may consider, for example, your professional values and fees.

The shipowner subsequently decides to appoint you as their onsite surveyor. Discuss the appointment process which should be followed from the time of this decision to the point of your formal appointment.

Part Three
Considering that you will become engaged in a single contract for eighteen months, you will require to ensure that your sole trader business remains financially viable for that period. Explain how you would plan your business finances for this period and describe the principal financial statements and documents which you would utilise for this purpose.

You should aim for 2000 words to complete this assignment.

Attachment:- Study Skills.rar

Reference no: EM132044826

Questions Cloud

Discuss meta-leadership and national emergency preparedness : Discuss Meta-leadership and national emergency preparedness strategies to build government connectivity by Leonard J. Marcus, Barry C. Dorn.
Calculate the aw value for the purchasing option : Calculate the AW value for the Leasing Option. Calculate the AW value for the Purchasing Option.
Why should managers know something about research : Distinguishing between applied and basic research why should managers know something about research.
Company is interested in investing capital : Your company is interested in investing capital in buying machinery in about 13 years when the LCC states machinery might fail.
Explain how you would plan your business finances : FLR2995 - Diploma in Marine Surveying - explain the global trends in ship numbers, ship size and ship type over the Past five years. Explain fully the factors
Compute the standard deviation for each test : Once again, reading about t-test statistics and descriptive statistics is one thing. Actually, using software to compute them requires different skill sets.
Which human services value is the most important : Which human services value is the most difficult for you to practice? Include an example of a situation that encompasses that value.
Explain the definition of excusable delay : Explain the definition of "excusable delay" and provide an example in federal contracting.
Experience with that failed at fostering teamwork : Identify a leader that you have experience with that failed at fostering teamwork. Explain the setting of this example. Why did he or she fail?

Reviews

len2044826

7/8/2018 9:59:19 PM

am herewith forwarding as attachment the TMA 1 for yours as well as the tutors reference and I am sure that both of you would also conclude that the three parts is a single assignment. At the lower section of TMA 1 PDF, it is quoted as follows: You should aim for 2000 words to complete this assignment, and your work should be appropriately referenced. When it says this assignment, I am also sure that it means only one assignment. I would also like to clear my doubt about the three parts as being a single assignment, so let me know what you and the tutor conclude it to be. I guess, I was on the wrong path when I concluded that each part was a single assignment and sent you the first part with a copy of Module 01for creating an assignment for me. However, I am now ordering for a new a new assignment with the three parts combined of 2000 words. A timely advice from our course director to the students is to do the assignments in third person only. Please send me a quote for this assignment. By three follow up emails to you, I shall send copies of Module 01, Module 02 and Module 03 for reference. Herewith sending: 1. TMA 01 2. Study Skills

len2044826

7/8/2018 9:59:12 PM

Your TMA will be marked in accordance with section 9.5 of the Course Handbook. We strongly encourage you to submit your assignment by the suggested deadline. All assessments must be completed by the end of the course but you are recommended to complete each assignment by the suggested deadline date so the marker can plan their time and return your work as quickly as possible. If you submit your assignment late, a longer time may elapse before your marked work is returned

len2044826

7/8/2018 9:58:48 PM

You should aim for 2000 words to complete this assignment, and your work should be appropriately referenced. For candidates taking the Diploma option, all Tutor Marked Assignments must be completed. There is a minimum pass mark for each assignment and candidates will be expected to reach this minimum standard. To submit your assignment, please ensure that you first download and save a copy of the assignment template from the course website. You must complete the assignment on the Assignment Template provided to you. This cover sheet must be completed for each assignment. You should then start typing your assignment on the following page. Please ensure you save a copy of this before you start typing, otherwise your text may be lost. Please submit your assignment online via Turnitin. The link to submit your assignment is on the course homepage within the ‘Assignments’ section. Please download the guidelines ‘Uploading your assignment’ for further information on how to upload your document.

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd