Case 25-3 Formosa Plastics Group For many years‚ managers at Formosa Plastics Group (FPG) used a management control system with an element that was somewhat unique for a large corporation – all employees were evaluated subjectively. In making their judgments‚ evaluators looked at objective performance measures but subjectively made many adjustments for factors they deemed to be beyond the employee’s control. One effect of this system was that bottom-line profit was not even considered in the evaluations
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Plastic: It’s Impact on Earth BRIANNA NGUYEN 16/11/2012 Plastic has become such an integral part of society; it is used in nearly everything. They are accepted by a majority of people as an important feature to all products such as cellphones and bags because of their high resilient properties‚ their affordability‚ accessibility‚ and their low weight. With all these positive elements of plastic‚ it may seem that plastic is completely problem-free. The only problem is; there is a very pressing
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Effects of addictive plastic surgery and health risks Mariah Taylor AIU Online Abstract There are many positive reviews on plastic surgery that can make anyone want to pursue it these days. Many men and woman have plastic surgery done because the way that plastic surgeons can change the looks of noses‚ eyebrows‚ eyes‚ cheekbones‚ breast‚ thighs‚ buttocks‚ and many other features of the body. These things can make anyone want to have these procedures performed because of the way people do not
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In Pakistan‚ there are a lot of plastic factories‚ which are working in the Gujranwala‚ Lahore‚ and Karachi. These factories are producing the products‚ which are satisfying the demand of the customers in the Pakistan. The biggest sources of the old plastic are Shah Almi Lahore’s scrap yards and some are present in the Karachi. Reusable plastic factories often don’t perceive to satisfy the need of the ultimate customer and they don’t research for evaluating the problems of the customers. This
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many variables involved. Ultrasonic plastic welding was first used in 1963. Robert Soloff experimented with a probe and used it to weld two halves of a tape dispenser together. Soloff then realized sound waves traveled around corners as well as down the sides of rigid plastics to weld the joint area. To automate the ultrasonic plastic welding machine he attached it to drill press using some simple mechanical items. This method of joining made the use of plastics wide-spread‚ and is still the most
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understanding of how Zen Plastics would successfully go into the export market and what they do to achieve this. Critically look at Zen Plastics’ s structure to see if the exporting is a suitable strategy for the firm concerned. The partnerships that Zen Plastics could enter into In some countries Zen Plastics cannot sell directly to the end user but must use a local agent or representative. Thus‚ they should enter into some partnerships. It is possible for Zen Plastics to use manufacturer’s representative
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Integrative Case 4: Eco Plastics Company This case focuses on determination of the cost of capital for a firm. The student determines the cost of individual sources of financing‚ including long-term debt‚ preferred stock‚ and common stock. The cost of debt is adjusted for Eco Plastics’ 40% tax bracket. The company is considering a new financial structure‚ with the replacement of preferred stock financing with debt financing. Additional use of debt increases the common stockholders’ required
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stated that plastics are polymers and are chemically unreactive because they are held together by stable single bonds‚ which also results in their chemical stability. The stability of plastics makes them resilient to breakage making them good replacements for fragile items such as glass. Some plastics are weakened and dissolved by organic non-solvents so not all plastics can be used for the same purposes. Plastics are moulded to different shapes with some being flexible like plastic bags and others
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Anti-Plastic and Zero Garbage Campaign Naocha * Three cheers to the recent goodwill initiative taken up Anti-plastic campaigners’ group‚ "Blue and Green". Back-up and support from various sections of society‚ organization‚ NGOs shows the awareness of the health hazardous and dreadful consequences of using plastic. As we all know that regular and prolonged dependence on plastic by the common people pushed the plastic items one of the most polluting agent destabilizing the ecological balance of nature
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Charging for Plastic Bags Nowadays‚ many billions of plastic bags have been using every year‚ and it seems to be increased more and more. According to Noland (2013)‚ in the UK‚ the number of plastic has risen up to 5.4% in 2010 to 2011. Another statistic illustrates that 90 percent of plastic bags do not be reused or recycled (Bobby‚ 2013). This shows that people do not care much about the effect of plastic bags. Therefore‚ the government should intervene to solve this problem: to introduce a charge
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