The Indian Oil production is growing steadily but at a low rate of 1.78% while natural gas is at 7.39% High capital requirements The share of Petroleum sector in total Govt. subsidy has been increasing and so is the under-recoveries by Oil companies ONGC produces 75% of India ’s Crude Oil‚ while OIL produces another 10%. The average HHI over has been 0.65 for the period 2002-10 Prices of transportation fuel (Petrol and Diesel)‚ PDS Kerosene and domestic gas are controlled by the govt. The per person
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dominated by state-owned enterprises‚ although the government has taken steps in recent years to deregulate the hydrocarbons industry and encourage greater foreign involvement. Major Players Upstream: India’s state-owned Oil and Natural Gas Corporation (ONGC) is the dominant player in India’s upstream sector‚ accounting for roughly three-fourths of the country’s oil output during 2006‚ according to Indian government estimates. Downstream: The Indian Oil Corporation (IOC) is the largest state-owned company
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1.0 INTRODUCTION Access Bank Plc is on the company carrying on the business of commercial banking in Nigeria. Access Bank Plc has its registered corporate head office at Plot 1665 Oyin Jolayemi Street Victoria Island Lagos. Access bank Plc was in- corporated as a private limited liability company on February 8‚ 1989‚ to undertake the business of commercial banking and commercial operations started on May 11‚ 1989. The bank converted to a public limited liability company on March 24‚ 1989 and was
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when analysing a project. However‚ financial indicators are only one factor to be considered when making such decision. Cost reduction is one common benefit and tangible result that often is used to justify a capital investment in any IT project. The BPR Columbus project is no different. Several cost savings can be gained‚ from efficiencies that the new system can provide. In addition‚ new capabilities and new business opportunities can be uncovered which typically are not captured in these traditional
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1. Business process reengineering (BPR) is the fundamental analysis and redesign of workflow within and between enterprises. 2. Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance such as cost‚ quality‚ service and speed. 3. BPR reached its heyday in the early 1990’s when Michael Hammer and James Campy published their best-selling book‚ "Reengineering the Corporation". The
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Process in Re-Engineering Abstract The purpose of this business study is to test the performance measurement system (PMS) and its interaction with development implementing standard deviation (SD). PMS is the essential of business process engineering (BPR) that is a significant theory in analyzing the interaction between the correlation of PMS‚ empowerment‚ integration‚ and strategic alignment. The object is to understand the unities between companies that undergo strategic modification to progress effectiveness
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An Industrial Analysis on OIL AND GAS Industry With specific references to Indian oil‚ HP Gas‚ Bharath Gas‚ Oil and Natural Gas Corporation Ltd. Submitted to Lakireddy Balireddy College of Engineeing(Autonomous) Mylavaram In partial fulfillment of the Requirement For the award of the degree of MASTER OF BUSINESS ADMINISTRATION Submitted by KANDUBOTHU CHITTI BABU (REG. No. 121E00020) Under the esteemed guidance of Dr.T.RAJASEKAR ‚ M.B.A‚PhD. FACULTY‚ DEPARTMENT OF MANAGEMENT STUDIES
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per the basic principle of BPR; a BRP Consultant should have extensive knowledge and experience about the business for which BPR is being performed which is not true in my case as my understandings of an Enrollment and Module Reservation System is not up to that level of expertise and experience. According to what I have understood about BPR my proposed BPR solution for PAYGU case study requires major changes in the current system as follows: Proposed Solution Using BPR: In PAYGU the whole paper
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ADVANTAGES OF VERTICAL INTEGRATION It leads to reduction of transportation costs as the common ownership results in closer geographic proximity. The transaction costs can be controlled if a firm acquires the other firms in the vertical chain‚ then one division of the same company will transfer goods to other divisions. So‚ transaction costs in form of transport‚ cost of negotiation‚ cost of control etc. will be eliminated. The overall average cost of the firm will decrease because if the divisions
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on option exchanges. However‚ in practice‚ banks and companies strike private option deals Let us consider an example. Suppose ONGC sells oil to Indian Petrochemical Limited (IPCL). ONGC wants to protect itself from a potential fall in oil prices. What should it do? It should buy a put option - a right to sell oil at a specified exercise price at a specified time. ONGC will be able to protect itself from falling prices and at the same time benefit from increase in the oil prices.. Q-3 Define forward
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