PHILIPPINE AIRLINES: What’s next? Philippines airlines started its history on March 15‚ 1941 on a small twin-engine Beech Model 18 flying 212 of pure skies from Manila to Baguio with a full load of five passengers. Upon the outbreak of the pacific war‚ PAL’s two aircraft were pressed into service with the US army Air Corps. Post-war operations began on February 14‚ 1946 with five ex-military Douglas DC-35. In July‚ the airline chartered DC-4s to carry American service men home to Oakland‚ making
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CASES: The California Wine Cluster‚ HBS Case: 9-799-124 ASSIGNMENTS: 1. Why has California emerged as one of the leading wine – producing regions in the world? It was Californian first vintners in California who began cultivating grapes for use in sacramental wines in the mid-to-late 1700s. In the 1830s and 1840s the first commercial vineyards were established. Vintners survived by making grape juice and sacramental or medicinal wines. 2. How was California able to upgrade from producing
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When going to college today‚ it costs a fortune just to earn a degree. Instead of charging so much for tuition‚ students should be able to volunteer through service-learning‚ and pay for college through the services they provide. By volunteering‚ students would benefit the professors‚ themselves‚ and the community‚ as well as the school. Students could participate in this program‚ and not have to worry about working through school‚ professors would be able to keep up with grading‚ and communities
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school you want to attend for college? Have you thought about what size of college you want to attend? Well by the end of this essay I hope you’ll have your opinion on what size of college you want to attend. Let me just tell you small colleges are better than large universities. “Size matters. It can really make a difference in a student’s college experience.” (2016 The Charlotte Observer) Small colleges give you a better chances in the classroom. Attending a smaller college means you’ll have a better
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Economics 370 Microeconomic Theory Problem Set 6 Answer Key 1) Describe the effects on output and welfare if the government regulates a monopoly so that it may not charge a price above p‚ which lies between the unregulated monopoly price and the optimally regulate price (determined by the intersection of the firm’s marginal cost and the market demand curve). As usual‚ the monopoly determines its optimal output on the basis of MR = MC. Here‚ however‚ it cannot charge a price in excess of p*. So
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Yoshimasa Hirano Thomas Jordan Basic Composition 2/7/2014 The rising costs of college In the US‚ higher education is really important to succeed in the future. “In 2003‚ the typical full-time year-round worker in the United States with a four-year college degree earned $49‚900‚ 62 percent more than the $30‚800 earned by the typical full-time year-round worker with only a high school diploma” (U.S. Census Bureau). That means if you have a bachelor’s degree‚ you would get a better job and salary
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Automobile Industry Hailed as ‘the industry of industries’ by Peter Drucker‚ the founding father of the study of management‚ in 1946‚ the automobile industry had evolved continuously with changing times from craft production in 1890s to mass production in 1910s to lean production techniques in the 1970s. The Asian countries‚ mainly by Japan‚ China and India‚ registered a 9% increase in production over last year‚ constituting 35.9% of the global production. In fact China and India posted positive
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Market Failure Market failure can be defined as give full play to the market mechanism but still cannot achieve social welfare maximization. Market failure was caused by the free market fails to allocated resources in an optimum and efficient manner. Type of market failure can be divided into three types; there are externalities‚ public goods and non-competitive behavior. Externalities is part of the interests of people’s economic behavior cannot be classified for their own enjoyment of‚ or part
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Contemporary Economic Analysis: Written Assignment The Impact of a Reduction in Sunday Penalty Rates for Casual Employees on the Price Mechanism The Australian Financial Review recently published an article titled “Sunday penalty rate to be cut to 50pc” (Dunckley 2014). In summary: A Fair Work Commission ruling has reduced the 75% penalty pay rates for casual employees in Australia who work on Sundays to 50%. Penalty rates
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school knows the pressure of college; teachers‚ parents and peers alike seem to be constantly asking about it‚ which only raises more questions for the individual. “Am I going to college? Should I go? Is it worth the time and money?” Weighing their options‚ their possibilities‚ and planning their entire life from there can leave one disoriented. With college being such a huge cultural staple in modern society‚ even people who are far past their high school and college years debate these questions
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