Financial
Financial refers to the management of money matters in the maritime industry. It involves the planning, organizing, directing, and controlling of financial resources to achieve the objectives of a maritime organization. Financial management in the maritime industry includes budgeting, financial analysis, financial reporting, cash flow management, investment management, and risk management. It is essential for maritime organizations to have a sound financial management system to ensure the efficient and effective use of financial resources, maximize profits, and minimize financial risks.
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