Protection and Indemnity (P&I) is a type of insurance that shipowners purchase to cover the potentially huge costs of any harm they accidentally cause to people, property and the environment. As liabilities for injuries, cargo loss, collisions and pollution can far exceed the value of a ship...
managementistoachievetheorganization'sfutureobjectives ofactivities;2.,thenatureofmanagementiscoordination; 3.managementworkexistsintheorganization;4.,thefocus ofmanagementworkistomanagepeople.Managementisthe formulation,implementation,inspectionandimprovement.The planisformulated(orregulations,norms,standardsand regula...
Why is preparing a P&L statement important? P&L statements are important because they help measure a business’s success, enabling leadership to make more informed decisions. With a P&L statement in hand, management can determine which activities are generating a return on investment and which ...
Charlton, Bruce, and Peter Andras. 2003. "What Is Management and What Do Managers Do? A Systems Theory Account." Philosophy of Management. 3:1-15.Charlton, B.G., & Andras, P. (2003). What Is Management and What Do Managers Do? A Systems Theory Account. Philosophy of Management, 3,...
什么是管理(What is management) Management (manage) is the coordinated activity of human centered activities in a social organization in order to achieve the desired goal. It includes 4 implications: 1. management is to achieve the organization's future objectives of activities; 2., the nature ...
WhatIsAgileManagement? JurgenAppeloversion1 Let’sbeginatthebeginning... ComputerProgramming SoftwareEngineering AgileDevelopment 1950 1960 1970 1980 1990 2000 2010 Thetraditionalwayoflookingatprojects SplitCost(Resources)inPeopleandTools SplitScopeinFunctionalityandQuality(suggestion:ScottAmbler)...
MPLS is a technology that uses labels to guide data packet forwarding. In this technology, the establishment of an LSP is a process in which LSRs along the LSP determine the labels for a specific FEC. MPLS labels are assigned and distributed by a downstream node to an upstream node. As ...
Net profit/loss.This is the amount of profit or loss the organization can show after deducting the total expenses from the gross profit. This amount is often referred to as thebottom line. When preparing their P&L statements, organizations might use acceptable alternative category names such as...
Privilege Elevation and Delegation Management (PEDM) means, granting users temporary access to higher-level privileges or delegating specific tasks while maintaining security and adhering to the principle of least privilege (PoLP). Elevated privilege is the key feature of PEDM. Unlike permanent ...
elevated privileges on an as-needed basis. This method is monitored and controlled through automated approval workflows, which ensures that elevation is granted according to predefined policies, reducing the likelihood of abuse or error and ensuring a traceable, compliant process for managing admin ...