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Essay / Research Paper Abstract
A 21 page paper discussing the benefits and methods of privatizing port operations. The pressure on business all over the world in the past several years has been to become more efficient in operation in all respects. Financial efficiency was one of the first points of focus, but that effort of course led to others. Now the call is to be efficient in the use of all available resources. The concept of efficiency has moved beyond the private sector to become firmly entrenched in the public. Governments of developing nations have come to realize that the port-as-a-business concept can positively and significantly contribute to the national economy. The paper uses examples of ports around the world, particularly in the UK, South America and Asia. Bibliography lists 12 sources.
Page Count:
21 pages (~225 words per page)
File: CC6_KSportPriv2.rtf
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Unformatted sample text from the term paper:
business all over the world in the past several years has been to become more efficient in operation in all respects. Financial efficiency was one of the first points
of focus, but that effort of course led to others. Now the call is to be efficient in the use of all available resources: financial, human, physical, natural.
The concept of efficiency has moved beyond the private sector to become firmly entrenched in the public. The fall of communism in
Eastern Europe and the Asian currency crisis of both cast doubts on the abilities of national governments to efficiently operate activities that had potential for market-driven improvement.
Globalization of business continues to increase, with increasing numbers of organizations in developed countries contracting their manufacturing operations to manufacturers in Asia, Central America, South America
and other areas of the world where costs can be much lower than in the worlds mature economies. The result of this shift in manufacturing has been that goods
still must return to the markets in which they are to be sold. Correspondingly, shipping volumes have increased dramatically in the last generation.
Rationale In business, management theories come and go and organizations collectively spend billions chasing after the latest fads. The "fads"
work for some, but others either are not suited to the changes the theories propose or they fail to implement all aspects and so miss out on the benefits they
might have otherwise gained. To an extent, the same has happened in thinking about the ways ports should be managed. Since the end of World War II and
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