The mining policy in the Philippines is meant to signal investors that the government is putting up a stable business environment. They say that it is a big step to achieving economic growth because of the solutions it offers. It will greatly help the preservation of mineral resources in our country. It seeks to boost government revenues through the five-percent royalty tax on new extractions to in areas to be declared as mineral reservations. I admit that this new policy could be good for us but
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Case Study: Hill County Snack Food Co. 1.1 How much business risk does Hill County face? Hill County operates in a very competitive market where new potential entrants can be a threat to its operation either through lower price offering or lower production cost. Competition from peer companies has significant effect on its operation‚ because Hill County is price taker in the market‚ that is‚ increase in prices is not one of the choices it can implement. Also‚ due to the fact that its profitability
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Jones Distribution Case Finance Team -13 Executive Summary: The Company Jones Electrical Distribution was founded in 1997. The company distributes and wholesales electrical components. It is a sole proprietorship owned by Nelson Jones who is looking for a new banking relationship that will allow him to receive a larger loan to sustain his business. Even though the company has been turning in profits‚ the ineffective collection practice‚ not availing trade discounts on time and ineffective
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Chilean Mining Incident BCOM/275 Any time a business suffers some type of tragedy that could potentially involve serious injury or loss of life to the employees of the company‚ it is very important to ensure that the communication that follows is appropriate. The process of handling these types of events can make or break a company in the wake of a disaster. Communication to the families of the victims of the disaster will need a different type of communication than will the employees of the
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CIS 501: Information Systems for Managers Data Mining Problems Introduction Problem 1: Data-Based Decision Making Problem 2: Market Basket Analysis: Association Analysis Problem 3: Market Basket Analysis: Concept Tree/Sequence Analysis Problem 4: Decision Tree Problem 5: Clustering/Nearest Neighbor Classification Problem 6: Clustering Problem 1: Data-Based Decision Making Supermarket Product Placement Suppose that we are responsible for managing product placement within a
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Case Study: Baria Planning Solutions‚ Inc. Case Overview Baria Planning Solutions (BPS)‚ Inc. was founded in 1997 and is a publically traded firm with $95 million in annual sales. BPS helps its customers reduce procurement costs and improve the performance of their suppliers. BPS uses a combination of software‚ data analysis‚ project management and consulting to scrutinize its customers’ spending categories‚ identify sources of potential savings through initiatives such as supplier consolidation
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Application of Robotics in Mining Industry: A Critical Review Santosh Kumar Nanda* Ashok Kumar Dash** Sandigdha Acharya* Abikshyana Moharana* ABSTRACT The advance of robotics and the increase in robot use have raised the need for computer simulation of robots‚ among the aims of which are the design of new robots‚ task planning of existing robots‚ performance evaluation and cycle time estimation. For mining environment‚ both the opencast and underground mining needs seriously application of
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Reporting Income for Dot-Coms Priceline.com 1. Under the current system of accounting‚ the company would record revenues of $250 as they are the merchants to the transaction and $200 (80% of transaction value) as their cost of goods sold. 2. Alternatively‚ the company can net off the effect and show $50 (20% of transaction value) as their commission revenue. 3. If I were the CFO‚ I would recommend to opt for the first method of revenue recognition because it would show better
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Accidents[edit] In April 2013‚ at least 17 people were killed while mining illegally at a disused gold mine in Ghana’s central region. The ground reportedly caved in on the miners as they searched for gold deposits‚ and authorities were unclear as to how many miners originally went in. Sixteen bodies were excavated‚ with one man dying in hospital from his injuries.[ The activities of the miners pollute rivers and streams nearby that serve as a source of drinking water for communities downstream.
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Individual Case Walaa Alzayer A00384425 MGMT 2384 Artic Mining Consultants This case about the relationship between the manager and team members. Tom parker‚ who is the manager of the project‚ he is coordinated with Arctic Mining Consultants programs. There are three employ assistants with the project. Therefore‚ parker and other team member works on this project they are Talbot‚ Boyce‚ and Miller which all of them had previously worked with Parker before and he is trusted them. This project was
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