By Nigel Calder

Whilst it really is sink or swim, this speedy advisor will retain you afloat! at the water, whilst an engine challenge surfaces, there isn't any time to spend looking through an exhaustive handbook. Diesel Engine Care and service presents the entire answers--fast. Drawn from the world's greatest boating library, it provides 14 colour panels of authoritative, concise details on diesel engines. This on-the-spot reference is a handy, available, and completely streamlined info source.

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21 The FMC moved swiftly to modify the TAA's plans, seeking revisions and getting enough to be satisfied with the operational design of the TAA in August 1992 so that it would become effective 31 August 1992. European shippers were not pleased and moved quickly against the TAA. A process to suspend the TAA was initiated by the European Shippers' Council. In the United States, shippers were not satisfied with the FMC approval and strengthened their lobbying efforts to remove antitrust immunity for liner conferences.

Ltd. Note: * Company has been purchased. Source: Cooperative Working Agreement Number 203-010099, as of 22 December 1998. 2 LITERATURE AND THEORIES ON FIRM STRUCTURE ANDMARKET BEHAVIOUR INTRODUCTION Most research on the liner shipping industry has offered a one-dimensional perspective, reflecting national policies from one side or the other of the north Atlantic. It has taken a predominantly economic viewpoint and drawn regulatory conclusions from this context. The regulatory view of the industry will be discussed in detail in Chapters 8 and 9.

It is at this point that the range of structures—from mergers to simple agreements—are defined so as to be used more precisely. The chapter will then introduce research into structural failure and success, examining what has been written about the factors that play a role in generating these outcomes. This book seeks to take the reader beyond pricing and conference structure into the nature of alliances and mergers in today's global business environment. THE ECONOMIC LITERATURE The basic proposition of the economic literature on firm behaviour and performance are that man is rational but opportunistic, and makes decisions based on profit-maximizing objectives; that supply and demand determine the price paid in the market; and that the firm is the result of the economies arising from the division of labour, the specialization of activity, and the organizational structure to perform specific tasks.

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