COMPETITIVE ADVANTAGE 1) The petrochemical industry produces goods that are largely undifferentiated. To be profitable‚ PCG need to be the lowest cost producer. Raw materials form the majority of PCG cost of revenue. PCG competitive advantage is‚ it has access to very low cost natural gas compared to its competitor‚ which in turn‚ means a higher gross profit margin. 2) PCG is backed by PETRONAS group‚ which also owns other 4 PLC units: i) MISC Bhd ii) Petronas Dagangan Bhd iii) Petronas
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October 15‚ 2010 Internet Advantages and Disadvantages affecting mostly everyone Many of us are clinging to the Internet than ever before. "Millions of Americans are now a click of the "mouse" away from instantly joining a worldwide computer communication network." (http://library.cqpress.com.ez.lib.jjay.cuny.edu). Some people weren’t aware of what the Internet was; so they end up figuring it out by other people. Throughout the years the internet has became popular in many ways. Since the
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Advantages of Biomass energy. People says that biomass energy do not have any different than other energy. Biomass energy just have the same amount of carbon dioxide‚ methane released. The most famous debate is about food and biomass energy. Large areas of crop and farm land are used for growing biomass. This cultivation of crops for fuel might just put a little to much strain on our limited resources such as water and land which could be used for food crops. This biomass energy also just not economical
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Emma Burkett Period 6 27 August‚ 2013 Advantages of Technology Over the past few years‚ technology has been changing and expanding in every way possible. Even though it might seem like todays technology has reached its limits‚ that is far from the truth. It was only about twenty years ago that "personal computers" became small enough and affordable enough to buy and use. Ever since‚ technology has been changing peoples lives for the better. One way that technology has changed our
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Developing Sustainable Competitive Advantages 1. Customer Loyalty: Customers must be committed to buying merchandise and services from a particular retailer. This can be accomplished through retail branding‚ positioning‚ and loyalty programs. A loyalty program is like a "Target card. " Now‚ when the customer uses the card as a credit card‚ Target can track all of their transactions and store it in their data warehouse‚ which keeps track of the customer’s needs and wants outside of Target. This
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Topic 1: Advantage of using ICT as tool for teaching and learning process in higher education institution.. What is ICT?According to Oxford Dictionary ICT stands for Information and Communication Technology as is defined for “the study of the use of computers‚internet‚video and other technology ” (Mclntosh & Turnbull‚ 2005). ICT originally is applied to serve as a means of improving efficiency in the educational process (Jones and Knezek‚1993) as cited in The Turkish Online Journal of Educational
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are the World Wide Web (WWW) and e-mail. With the passage of time‚ the Internet has become the most effective business tool in the contemporary world. It can be described as a global meeting place where people from every corner of the world can come simultaneously. The advantages of Internet Following are the advantages provided by the Internet: 1) Information The biggest benefit offered by the Internet is information. It functions as a valuable resource of information. You can find any type of
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Advantages of Total Quality Management (TQM) Improves Reputation - TQM programs have the advantage of improving corporate as well as product reputations in the marketplace‚ because errors and defective products are discovered much more rapidly than under a non-TQM system‚ and often before they are ever sent to market or found in the hands of the public. Higher Employee Morale - Compared to employees who are motivated‚ disengaged workers are less efficient‚ miss more workdays and cost organizations
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The Advantages of being multilingual The world we live in is rapidly growing into an enormous melting pot and most of us are very aware of the fact that the ability to speak a foreign language has never been as vital as it has been in the 21st century. Learning a new language offers many new career opportunities as well as other advantages which are often ignored. Among the less obvious benefits is the change in perspective one will gain from seeing the world through different eyes. Every language
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The Advantages of Stupidity Most people say being stupid will lead no where. They claim that it is the worst possible condition in which to spend one’s life‚ and if possible‚ it should be completely avoided. They would even suggest if the symptoms of stupidity are caught in the early stages‚ it could easily be treated by a surgeon. The most effective method used to do this is the chainsaw technique‚ later described in volume two. Yet‚ perhaps if people took a closer look at some of the
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