DECISION UNIT 4 IP

All ships owned by DWI are flagged in the Bahamas and Liberia . The "flag of convenience " rules have both public law and private law implications . Private law comes into play in the employer-employee , passenger contract , and cargo contract obligations of the ship . Public law also interfaces with these rules in that ships and companies pick and choose flags of convenience for individual ships based upon liability concerns such as negligence , contractual , labor , customs , immigration , and /or environmental laws

Being a diversified multinational company Inadequacy of risk management abilities Risk and Conflict Management Risk Assessment Risk

Avoidance Operating risks Financial risks

Cultural adaptations and sensitivity Lack of risk management capabilities Very broad scope of business Draft and follow standard operating procedures Lessen business coverage Proper screening of employees Proper setting of company objectives Training of the organization in conflict management Environment sensitivity

Default Design All ships owned by DWI are flagged in the Bahamas and Liberia . The "flag of convenience " rules have both public law and private law implications . Private law comes into play in the employer-employee , passenger contract , and cargo contract obligations of the ship . Public law also interfaces with these rules in that ships and companies pick and choose flags of convenience for individual ships based upon liability concerns such as negligence , contractual , labor , customs , immigration , and /or environmental laws

Being a diversified multinational company Inadequacy of risk management abilities Risk and Conflict Management Risk Assessment Risk Avoidance Operating risks Financial risks

Cultural adaptations and sensitivity Lack of risk management capabilities Very broad scope of business Draft and follow standard operating procedures Lessen business coverage Proper screening of employees Proper setting of company objectives Training of the organization in conflict management Environment sensitivity...