Taylor’s Global enterprise
Taylor’s Global enterprise has been giving insurance services to its clients since the year 1884, and presently the enterprise has over three thousand staffs with one hundred and twenty branches all these across thirty countries globally. Some of the countries where the enterprise has offices are the United Kingdom, Europe, the Americans, Asia Pacific, the Middle East, and Africa. The main aim at Taylor’s Global Enterprise is to make sure that it provides to its client’s services that are professional to make the insurance business work in a way that is efficient. It is an essential part of making sure that the international commerce has been successful in all its operations by providing the financial support and security in occasions where the business need to operate on trading goods, protecting the workforces of the business companies by shieling their properties which are part of their assets. The enterprise also plays a vital role by providing business companies with capital investments in case they need to invest in it. The different range of skills at Taylor’s Global enterprises, as well as the knowledge of insurance, makes the company be able to manage and be in a position to handle any case that is related to insurance, in any case, it happens globally. The company does not necessarily provide off the self-solutions. Still, it tries as hard as possible to provide services that are of high quality that can satisfy the needs of any individual and that which can be altered in case the clients feels that they are in a way pressuring him or her. The intentions are always making every individual feel that he/she is happy and satisfied with services.
Taylor’s Global Enterprise aims at fulfilling its core values to ensure that it provides a first-class services to its clients. So to achieve this, they follow the core values that will help them come up with strategies for making them. The most common core value of the company include:
- Supportive environment- the management is focused on creating and providing a diverse and inclusive environment for all clients
- Excellence in people- the company, attracts, develops, recognize and identify talents in all the clients
- Partnership with clients- working together with clients to identify and provide quality services
- Provide quality work- always provides and deliver quality and professional services
- Give appetite for change-always to offer a room for positive change
- Offer group-wide entrepreneurship by merging different businesses and offer the opportunity to them.
Despite the rate of global nuclear energy deployment being a major key factor globally as it continues to give solutions to the increasing demand for power of electricity and the ever upcoming and rising challenge of climate change. Establishing a nuclear firm has been a process that results in a high cost of establishment as well as facing stiff competition from firms that are already there and have found spreading and growing roots in them. Nuclear energy requires enormous capital investment, and with this, not all countries can even afford it. The situation is the same in the United Kingdom as the government is not in a position to offer additional support to those who want to establish a nuclear energy firm. Don't use plagiarised sources.Get your custom essay just from $11/page
The department of maritime operations in Taylor’s Global enterprise is not an exception to the high cost of establishing a nuclear energy firm. This is because a firm will have to break the value of the atomic power into operating expenses and capital costs. The capital cost will include site operations, manufacturing, construction, engineering, commissioning, and financing. The all these combined the firm will have to invest a lot in the capital cost. The operating price includes maintenance costs, waste disposal, and the cost of decommissioning. The firm will have to pay higher on the capital costs of nuclear power more than that of energy sources like natural gas and coal. This is because nuclear power plants are somehow technically complex, and they have to meet and satisfy the much strict requirements of design and licensing. The firm will also have increased costs since the construction of a nuclear firm will require many and highly qualified professions and will take a very long time to establish it fully. All these professions are hard to get, and if they are found, then they will require a considerable sum for them to deliver quality work. In case there is a need to change the design of the nuclear power firm, then it is probably obvious that there will be an extra financial charge that will incur more than the actual cost set aside.
With this high cost of constructing a nuclear power plant, it will make it hard for the firm to be in a position to compete with other energy options in the United Kingdom, most preferably the natural gas, which is a little bit cheaper to establish. With this, the nuclear firm can even lead to the decline of the firm due to the stiff competition. The nuclear plant will be struggling due to the high discount rate and will always be more handicapped compared to coal or natural gas because of the high costs of construction. The other reason for the high cost of establishing a nuclear plant is the strict rules that are put in place in the nuclear industry. The regulations were imposed in 2011 after the Fukushima accident that happened in Japan, making the public more careful concerning atomic power. The capital cost has been increased as a result of the new passive control systems and the security systems for emergencies. This is because the security of the public is always the priority to any government of a country. Despite this, the government should consider any other alternative measure to try to make it slightly more accessible for the firms to be able to be in a position to establish nuclear firms. It can consider other options that are less economical to these set regulations.
The management Team prefers the methodology of an international Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO). The most common aim of this methodology will be to make sure that safe and clean nuclear energy is available to help fulfill the energy needs of the 21st century in the best way. The methodology is used as an application to assess the construction of the nuclear power development scenario through the use of the International Atomic Energy Agency (IAEA). To come up with a powerful nuclear power firm then is advisable to come up with both electricity and energy scenarios at the beginning. From this, both the electricity and energy scenario, then it will be easy to show and prove the way the nuclear technology will be in a position to play a role in supplying and contributing the energy needs in the future.
Maritime shipping is one of the most important ways of transportation of goods and commodities between different areas. The location of these areas is always long distances. Maritime shipping plays a more significant role in how the world works. Trade between different nations is what makes most of them assess what they can’t produce. It is also through it that countries are in a position to export commodities that they produce in excess. All this is mainly done through shipping. Most shipping trade routes are used to ensure the safety of the goods as well as providing timely delivery of goods. These make trade routes to be one of the most essential factors in the whole process of shipping. They decide on the state, and the time it will take for the goods being transported to move from where they are being shipped from to the place they are being sent to. For all those involved in the chain of transportation, it is crucial for them to be in a position of knowing the main trade routes used in shipping transportation for them to grow.
A report by the World Shipping Council the top trade routes are:
- Voyage of the Pacific Swan
- nuclear transportation in Germany
- Spent from the Republic of Georgia to Britain
The Asian continent is the leading with the main trade routes since about 70% 0of most of the ports in the world are located in China. There have been threats and controversies affecting the transportation of the radioactive wastes as well as other nuclear materials. The treat has led to challenges in the political landscape all over the world. In recent months, there have been cases of radioactive wastes and shipment of fuel between Japan and France, from Asia and the State of California and between Scotland and the Republic of Georgia. All these shipments have faced opposition at various levels, most being from the public. The first shipment of the nuclear materials and radioactive wastes was through the Voyage of the Pacific Swan on 23rd of January 1998, and it was destined in Japan. It left France on the flagged ship Pacific Swan. The boat was specialized in marine transportation of radioactive waste. The route used by the ship was made a secret from its destination because it faced opposition from the government in the Pacific and Caribbean. The safety of the cargo and the process of the whole transportation was approved by the French and Japanese governments as well as the International Atomic Energy Agency. The security provided included clearing The Panama Canal as well as making sure that the security alarm team is on hold of the process of transportation. The Washington D.C. and the Greenpeace International also opposed the shipment as they were concerned about the physical safety of the ship and the container in any case of an accident or even a threat of terrorist attack. On its entry to Panama, the Greenpeace activists were in apposition to join the ship to generate a massive amount of publicity to the transporting authorities for them to provide more security to the vessel and the container. On its arrival, the local activists, farmers, and the governor blocked the ship from docking and offloading the cargo for about four days. Eventually, the ship was allowed to unload the freight.
The second was nuclear transportation in Germany
Germany depends on nuclear power for most of its security needs. The exportation of nuclear waste faced opposition making the government to other plans to develop a storage site that was temporary and a more permanent facility that was underground in Gorleben. These plans faced opposition to a point where police were used to provide security to the nuclear shipment from Bavaria and Baden to Gorleben. Due to the debate and protests, a further delivery was declared. The German waste management policy shifted into a new site that was close to Ahaus. The first shipment also resulted in violence. Upon the discovery of contamination that helps to ship waste from France back to Germany, the deliveries were changed. With the introduction of members of the Green Party, the government was in a position to closing down the nuclear plants a move that was opposed by the nuclear lobby in Germany, as they pointed out that it will increase the cost of shipment. Both the government of Britain and France also opposed the move since they were meant to lose billions of revenue and most of its people were to lose jobs. Even after all the opposition, the nuclear waste arrived in Gorleben, and it was unloaded and tested for radiation levels.
The third shipment was that of Spent from the Republic of Georgia to Britain. The delivery was highly loaded with uranium, and the fuel that was spent was from Tbilisi. The whole operation was done by the United States and British-Georgian venture that was designated at preventing the materials from falling into the hands of wrong people or even terrorists. The shipment was opposed by the Scottish Nationalist Party and other antinuclear groups who protested opposing the use of the Scottish Republic as a dumping site id radioactive wastes and other nuclear materials. Eventually, all the protest and the opposition became voices of the minority. The authoritative bodies ended acknowledging that the shipment of those materials was the best option, although they gave recommendations on how the public should be given the news of the delivery. At the end of it all, the materials ended up being dumped. The prime minister finally announced that the plant would be permanently closed after the existing materials had been fully reprocessed.