payroll tax by half for workers who continued to work beyond the early retirement age. Would the average retirement age for Weslovakian workers increase or decrease in response to these two changes‚ or can you tell? Explain your answer. The first policy change‚ abolishing the actuarial reduction‚ would tend to lower the average retirement age. The actuarial reduction is intended to make workers approximately indifferent between retiring early and waiting until standard retirement age. With the reduction
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Microsoft Project is a wonderful project management software‚ which offers a vast array of benefits and capabilities for someone managing a project‚ large or small. The key to maximizing the using any software program is to ensure training is provided on its uses. There are a number of capabilities within a software program like Microsoft Project. One of them is that it provides tools to calculate the budget and control costs. It has the ability to calculate standard hours‚ overtime hours
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DC FUND MANAGERS STATEMENT OF INVESTMENT OBJECTIVES AND POLICY FOR THE QUANTUM MERUIT FUND Approved by DC Fund Managers Board of Directors on 01 July 2011 Endorsed by Quantum Meruit Consultants on 05 July 2011 Fund Manager: Daniel Chinounye INTRODUCTION DC Fund Managers Private Limited is vested with the responsibility to manage a property portfolio for and on behalf Quantum Meruit Consultants (QMC). The DC Fund Managers Board has delegated the responsibility for overseeing the
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BP Crises Law/531 October 1‚ 2012 The Deepwater Horizon disaster attributed to BP‚ a multinational oil and gas company‚ occurred in 2010 dumping massive amounts of oil in the waters on the gulf coast. The BP is headquartered in London with operations in 80 countries with the largest being in the United States. Team B participated in a simulation that presented a similar scenario as the oil spill mentioned. The company in the
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Annual Report and Form 20-F 2012 bp.com/annualreport Building a stronger‚ safer BP Annual Report and Form 20-F 2012 bp.com/annualreport Building a stronger‚ safer BP Front cover imagery The Petroleum Geo-Services (PGS) Ramform Sterling seismic vessel‚ which conducts seismic surveys for BP. Left image: the vessel working in the Ceduna Basin‚ Australia. Centre image: the vessel tows 12 streamers (pictured) behind it‚ each 8km long and equipped with hydrophones to pick up echoes from
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Deepwater Horizon rig sank on April 22‚ 2010‚ two days after the Macondo well blowout and explosion that killed 11 workers. The Deepwater Horizon accident‚ also known as the BP Oil Spill‚ was a project failure of immense proportions. It went from an oil exploration “project” to a massive program with portfolios of projects related to dealing with the families of those killed on the oil rig‚ stopping the oil leak‚ capturing the oil (from the well and from the ocean)‚ cleaning the environment (seashores
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LANDMINE CLEARANCE policy statetment Landmines have existed since the 19th century; many people from all around the world have been victims to bombs. Landmines continue to kill nearly 20‚000 people every year‚ even decades after the ending of the conflicts for which they were placed. Land mines were designed for two main uses: to create defensive tactical barriers and slowing an invasion force’s progress to allow reinforcements to arrive. But today it’s claiming more lives every week. Land
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Introduction BP British Petroleum is a multinational oil and gas company headquartered in London‚ United Kingdom. According to revenues in 2011‚ they are the third largest energy company and fourth largest company in the world. Their main products include fuel for transportation‚ energy for heat and light‚ lubricants for engines‚ retail services and petrochemical products for everyday use. BP started as a subsidiary of the Anglo-Persian Oil Company in 1909 and through many stages it became British
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$27-million reduction in goodwill” (Lehman Brothers Holdings Inc. Chapter 11 Proceedings Examiner’s Report). Now where the eye brows were raised was in March of 2010‚ a “report of Anton R. Valukas‚ the Bankruptcy Examiner‚ drew attention to the use of Repo 105 transactions to boost the bank ’s apparent financial position around the date of the year-end balance sheet” (Lehman Brothers Holdings Inc. Chapter 11 Proceedings Examiner’s Report). “Attorney general Andrew Cuomo later filed charges against
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Executive Summary On April 20th 2010 bp had a major oil spill off the Gulf of Mexico coined the “Deepwater Horizon Incident” in which eleven (11) person’s loss their lives. This incident negatively affected the company’s brand and bp brand equity plummeted by $7.4bn‚ representing a 61% fall (Brand Finance 2010). BPTT which is a subsidiary of bp Global had to treat with the negative impact of this crisis on the local market while keeping its reputation‚ bp brand and local aspiration alive and
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