VICTORIA CHEMICALS PLC Ricky Tjayadi 01120120028 Young Jung Kim 01120120201 Irene 01120120214 VICTORIA CHEMICALS PLC The Background Victoria Chemicals‚ a major company in the chemical industry‚ was the number one producer of polypropylene‚ a polymer used in various everyday items. Victoria Chemicals at the end of 2007 was in a financial slump and was under pressure to improve their financial performance. Due to this financial slump‚ Lucy Morris‚ the Plant
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Reading – Lecture 4 Reference Hanson‚ Jarice. 2007. 24/7: Anytime‚ anywhere. In 24/7: How Cell Phones and the Internet Change the Way We Live‚ Work and Play‚ 1-15. Westport‚ CT: Praeger Publishers. Thesis The author argues that the invention of Cell Phones and Internet has drastically changed the social aspect in the lives of human beings‚ positively but more negativity arises. Summary The existence of Cell Phone and Internet is changing the way human does things. Back in the days‚ technology
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The issue: Grand Metropolitan PLC is the world’s largest wine and spirits seller. It mainly operated in London‚ USA. In 1991‚ it beats market expectation with a 4.8% increase in pretax profits‚ and the company Chairman stated that company’s goal “to constantly improve on”. Despite the great performance in the world recession in 1991‚ the price of GrandMet shares was 10% below the average price/earnings ratio of the companies in the Standard & Poor’s 500 index. And more important‚ rumors had that
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Developing an effective climate is therefore a key component for any organisation seeking to raise their game or increase their productivity. So what exactly IS climate? Climate can be described as ‘the unwritten rules’ or ‘the way things are around here’. It is a complex blend of attitudes‚ expectations‚ policies and norms that effect motivations & behaviours. Within every organisation a climate exists. Within every team or workgroup a micro-climate exists – and factors such as leadership style
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Outlook Oil and Gas revenues has been the mainstay of UAE’s economy accounting for one- third of the country’s GDP. Sitting atop 8%of the world’s proven oil reserves (97.8 bn barrels) and almost 5% of the world’s natural gas (5.8 trillion cu meters); the UAE’s extraordinary hydrocarbon wealth gives it one of the highest GDP per capitas in the world. UAE is a member of the Organization of the Petroleum Exporting Countries (OPEC) since joining in 1967. The emirate of Abu Dhabi is the centre of oil
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Create a place for everything: I need to assign a particular place for each item. I need to develop the habit of putting everything in its place straight away without delaying it‚ to minimize the risk of misplacing or losing items. If I put a structure in place for everything‚ example desk top sorters and filing cabinets‚ everything will be more organized. 2. Keep the most needed things in easily accessible places: By putting name tags on desktop sorters and cabinets it will be easily accessible
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International NGO Journal Vol. 5(8)‚ pp. 194-198‚ December 2010 Available online at http:// www.academicjournals.org/INGOJ ISSN 1993–8225 ©2010 Academic Journals Article The influence of communication on administration of secondary schools in Delta State‚ Nigeria E. D. Nakpodia Department of Educational Administration and Policy Studies‚ Delta State University‚ Abraka Nigeria. E-mail: edwardnakpodia@yahoo.com. Tel: 08033862036. Accepted 31 August‚ 2010 This study investigated the extent to which
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The Intel Corporation produces microprocessors that are used in computers. It has a market share of over 75% and has been praised for its highly innovative culture. Do you think that an innovative culture can be relied on to guarantee the future success of a business? Justify your answer with reference to Intel and/or other organisations you know. (40 marks) An organisation’s culture refers to ‘the way we do things around here’ and is determined by the values‚ attitudes and beliefs of the
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Reading- Hiring for Retention and Performance This academic article discusses which factors influence turnover and job performance simultaneously. In order to address this issue‚ it develops several theoretical matters‚ and I’ll discuss them in the next paragraphs. Firstly‚ the paper brings the current literature on the fact that some employees are more connected with their organization that others. Therefore‚ the article discuss the motivational force model‚ in which‚ there’re organization-related
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Traffic Clothing PLC 1) Internal growth is defined as the development of a business through using its own finances and retained profits. Whereas external growth is a business’s growth through acquiring other businesses. In Traffic Clothing PLC’s external growth strategy was through aggressive takeovers of either other clothing producers or material suppliers. While their internal growth strategy was through creating low cost factories in developing nations. 2) Sales revenue is defined as the
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