The Victor Diamond Mine When Land Can Be Worth More than Diamonds SCN1Dd Prepared by Eric Best Prepared for Mr. Grieg & Mrs. Chan March 4th 2012 The Victor Diamond Mine near James Bay in Northern Ontario rose lots of controversy over the environmental‚ economic‚ and social issues created by the mine. While the company that owns the mine‚ De Beers‚ says that the new mine will bring Canada new revenue and will boost the economy‚ the people of the Attawapiskat First Nation are in discontent
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First Book Critique: Collapse by Jared Diamond Collapse‚ written by Jared Diamond‚ shows how environmental problems in today are connected with many of the same environmental reasons of collapse in ancient civilizations. Diamond wrote this book to show that if people don’t take care of the land while there is time‚ the whole world could end up collapsing just like many other ancient civilizations. Instead of starting in the past‚ Diamond goes to the present time to show people that there are
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Hendina Riyadi Blood Diamond Research For thousands of years‚ diamonds have been highly regarded by everyone from kings and queens to ordinary people. Diamonds are a symbol for wealth‚ elegance‚ love‚ and power. Centuries ago‚ they were also a symbol of courage‚ invincibility and strength. What is less commonly known is that these stones are also a symbol of terror and death. Conflicts arise from the mining of these gems; many people have died and many are perhaps still dying because of the mining
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his personal values like Rodriguez being an entrepreneur and an optimistic individual. Another factor would be that Rodriguez bettered himself by attending community college receiving his diamonds grading certificate shortly after graduation. Working at a local jewelry store‚ Rodriguez gained knowledge of diamonds and used that information to open his own business acting as a connection point between buyers and sellers over the internet. Along with all the characteristics Rodriguez possesses‚ Rodriguez
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Korbelack English 121 13 November 2012 “Blood” Diamonds in Africa “In Sierra Leone‚ more than 10‚000 people have suffered amputation because of the diamond trade‚ which has become a trademark atrocity for the rebels”. Unfortunately‚ Ibrahim Fofana‚ a diamond miner‚ shared a similar fate to the thousands that suffered brutal amputations from the Rebels. Ibrahim Fofana is like many of the miners who are forced to work long brutal hours in diamond mines. And according to UK Channel 5 "The True Story"
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Porter’s Five Forces Model versus A Blue Ocean Strategy Porter’s Five Forces Model‚ provided by Michael Porter‚ is an external environmental analysis tool for a specific market. This model emphasizes that in any existing industry‚ there are five competition forces: threat of new entrants‚ power of suppliers‚ power of customers‚ threat of substitute products‚ and intensity of competitive rivalry. In addition‚ these five forces can influence and determine the profitability of the enterprise. Using
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soldier of fortune and diamond smuggler Danny Archer notes‚ well‚ archly in Blood Diamond -- no need to concern oneself overly about it; best to make the best of it you can and get out while the gettin’s good... and gettin’ out doesn’t necessarily mean for the long term. Danny is not a man worried about the future. Cigarettes‚ another character informs the chain-smoking Archer‚ will kill ya. "Yeah‚" he snarks. "If I survive." There are a lot of reasons to be enthralled by Blood Diamond‚ Edward Zwick’s
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“Water is more important to human life than diamonds‚ yet tap water suppliers are less profitable than those selling diamonds. Using the concepts in MCS Chapter 3 as well as your general knowledge‚ explain why this profitability difference is likely to occur.” There are a couple of factors that come to mind when answering this question. First‚ lets look at the willingness to pay factor. We know from the text book that we can think of the product’s value to the customer as the highest price he/she
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compare them‚ we can put on mind the The Diamond & Water Paradox‚ which was highly discussed in 18th & 19th century‚ and finaly resolved by Alfred Marshall and Adam Smith. The paradox is magically explained with an understanding of marginal utility and total utility. People are willing to pay a higher price for goods with greater marginal utility. As such‚ water which is plentiful has enormous total utility‚ but a low price because of a low marginal utility. Diamonds‚ however‚ have less total utility because
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Revision Q1) Porter`s Five Forces Strategies for overcoming the influencers. * Threat of new entrants * A way of trying to eliminate threat of new entrants would be to create economies of scale. This approach would make it harder for new entrants to reach high scale production‚ as they would have higher costs. This is what Samsung and Apple are trying to do at the moment‚ by building large economies of scale. But at the same time‚ ZTE a Chinese company‚ started selling the cheapest Android
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