Company entered into a Joint Venture with State of Kuwait run Petrochemical Industries Company ("PIC"). “PIC” is a wholly owned subsidiary of State owned Kuwait Petroleum Corporation ("KPC"). to launch K-Dow Petrochemicals‚ a planned joint venture. PIC was to have paid pay Dow $7.5 billion US dollars for its stake. The deal was approved by Kuwait’s Supreme Petroleum Council (SPC). The head of the SPC is the Prime Minister of Kuwait The venture was to manufacture and market polyethylene (PE)‚
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Advantages and disadvantages of using CAD Advantages * Can be more accurate than hand-drawn designs - it reduces human error. * You can save and edit ideas‚ which makes it easier and cheaper to modify your design as you go along. * You can modify existing ideas‚ which saves time. Disadvantages * The software itself can be expensive so initial costs are high. There are free software packages though. * Staff need to be trained how to use the software‚ which also adds to costs
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has gone through economic reform and seems like a good potential for investment‚ they are still dedicated towards protecting domestic businesses in several areas (The World Bank‚ 2011). The dormancy of the government to change regulations on the foreign direct investment (FDI) for retail companies has created a large barrier to entry for companies that want to involve themselves in this industry (Thathoo & Kacheria‚ 2007). While the government has been relatively progressive in reducing regulations
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------------------------------------------------- Topic: Joint-Venture – China – Wall Panelling Once a foreign investor is put into the mix‚ a wealth of legal‚ administrative or operational violations that a solely-owned Chinese firm may have been able to survive with‚ will most likely not be tolerated by the local authorities (Devonshire-Ellise & Hoffman‚ 2010; Norris‚ 2011). Therefore an array of legal and contractual issues may arise for which a foreign party should be prepared. Some of these are outlined
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ADVANTAGES AND DISADVANTAGES OF USING INTERNET In the history of mankind‚ the Internet is the greatest development in the domain of communication industry. Internet has tremendous potential and a lot to offer in terms of services. We can notice advantages and disadvantages of using Internet. In the beginning we can indicate some advantages. At first‚ Internet is a source of information. There is a huge amount of information available on the Internet for just about every subject known to man‚
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Advantages and Disadvantages of the Internet Information and Preparation Sheet Vocabulary: global village‚ a plethora of options‚ services‚ dissemination of information‚ silver bullet‚ Babel‚ rambling‚ reliability‚ veracity‚ ascertain the reliability‚ rapid pace of change‚ information overload‚ landmines‚ at the click of a mouse‚ maligned‚ comfort of home‚ assimilated‚ indispensable‚ pervasive‚ rife‚ program vs programme‚ having access to‚ beyond reproach‚ estranged‚ Be careful of one/you/we/I
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Exercise 4-2 Books of Alvin‚ Managing Partner Feb. 12 Joint Venture 10‚000 Cash 10‚000 14 Joint Venture 2‚000 Larry 2‚000 15 Cash 9‚000 Larry 7‚500 Joint Venture 16‚500 20 Cash 3‚000 Joint Venture 3‚000 20 Joint Venture 7‚500 Income from Joint Venture 4‚287.50 Larry 3‚212.50 10% commission on net purchases
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Advantages and disadvantages of using Internet. Nowadays almost everyone in the world have had a contact with computers. A great part of them has been using international computer’s net known as Internet. I think using internet has more advantages then disadvantages. First of all‚ Internet provides access to a lot of information. Some of them are very useful in your job other helps in your hobby. Searching the net with Google‚ you can find everything you want. You can also do shopping using Internet
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What Is A Joint Venture Joint venture is a collaboration of two or more businesses to undertake a common economic activity. A joint venture then is a partnership‚ a contract between to parties‚ or a corporation. However‚ the difference between business partnership and a joint venture is that a former may be established before a company is formed while the latter is a collaboration of 2 or more existing entities forming a tie. It must be cleared though that a joint venture is still a partnership
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The advantages and Disadvantages of using computer From day to day‚ our world has been changed gradually form one condition to other. The revolution of new ideas always comes up to the minds of every person; especially the ideas to improve technology which people need to make the living better. As result computer has been bring people certain advantages and disadvantages for people ask well. First of all‚ the advantages of using computers are that we can do research and find a lot of information
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