Question 1 Explain What You Understand by The Term Safety Culture: Maritime Regulation and Governance Essay, MLA College, Singapore

Question 1
Explain what you understand by the term ‘Safety Culture. Evaluate, with appropriate examples, the framework under the Code of Safe Working Practice by which a ‘safety culture is developed onboard a ship.

Question 2
In this module, you were introduced to some well-known models and concepts of Organisational Structures from leading thinkers (e.g. Mintzberg and Morgan). Using this as a basis for your further research. critically evaluate and explain the relevance of three such models to today’s maritime industry. It is expected that you will include at least one model not covered in the taught material.
Using the source material provided, plus your own research, articulate a proposal for a model organizational structure fit for a modern ship management company. You are not required to develop an entirely new model, but rather to draw upon those pre-existing models. or comments of models which you judge will have the greatest Willy in the maritime sector. Ensure that you support your answer with references from outside of the taught program where appropriate, written in the Harvard style.

Question 3
You have been tasked with undertaking a comprehensive analysis of Paramount Maritime Safety Ltd. (see Appends) following an approach by a potential purchaser of the business. You are required to write a report on the financial performance of the business in its first year of trading, ending on 31st December 2020, having undertaken a detailed analysis of the three principal accounting statements.
Some hints: You should aim your report at a reader who has some experience of the maritime industry, but who is not particularly experienced in analyzing financial statements. Your report should be written In a way to help the reader understand the health of the business, and highlight any particular strengths and weaknesses which are apparent from the accounting statements.