Blood Diamonds: The Real Cost of Diamonds Sierra Leone is blessed with some of the world’s richest resources such as titanium‚ gold‚ and diamonds. Despite these rich resources‚ Sierra Leone ranked last on the United Nations Development Programme’s Human Development Index in 2001‚ making Sierra Leone the poorest country in the world at that time. (Renner‚ 2002‚ p. 22) So how can a country so rich in resources be so poor? Sierra Leone’s extreme poverty level is caused by the diamonds they mine and
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3. Generality on precious metals and diamond: 3.1. Precious metals performance : In recent years‚ precious metals have played an important role as an investment asset. Many investors are interested in precious metals as a financial investment due to a several criteria which present a security for therm. Among all precious metals‚ gold has been attracted most of the media and press. This popular metals has long been considered as a symbol of wealth and prosperity furthermore it has characterized
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Corporate Finance Case Discussion : ‘Diamond Chemicals Plc (A)’ 1. Purpose: This case presents the capital investment decision under consideration by executives of a large chemicals firm in January 2001. This involves a go/no-go project evaluation regarding improvements to a polypropylene production plant. A critical assessment of a capital investment evaluation system is the focus of this case. The case also enables discussion on conflicts of interest and other ethical dilemmas that may arise
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CRITICISMS OF PORTER’S DIAMOND I. INTRODUCTION The book‚ “The Competitive Advantage of Nations”‚ shows how Michael Porter studied ten developed countries and 100 industries in order to answer questions concerning the national competitive advantage which he found to be inadequately explained by the Heckscher-Ohlin theory and the theory of comparative advantage. (Hill‚ 2009‚ p. 189). These questions include: A. “Why are some nations more successful than others in international competition?”
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five forces analysis is a frame work for industry analysis and business strategy development formed by Michael E Porter of Harvard business school in 1979.Five Forces model of Michael Porter is a very elaborate concept for evaluating company’s competitive position. Three of porters five forces refer to competition from external sources and the remainder are internal threats .porters referred to this forces are micro environment to contrast it with more general term macro environment. They consist
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conflict diamonds? Conflict diamonds – also known as blood diamonds – are diamonds that are used to fuel violent conflict and human rights abuses. They have funded brutal wars in Liberia‚ Sierra Leone‚ Angola‚ Democratic Republic of Congo and Côte d’Ivoire that have resulted in the death and displacement of millions of people. Diamonds have also been used by terrorist groups such as al-Qaeda to finance their activities and for money-laundering purposes. Did someone Die for that Diamond? Some diamonds
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GLS 100 Minerals and Mineral Resources The diamond is a rare mineral that is used for many different things in today’s world. Diamonds are composed of carbon know as the chemical symbol C. In a diamond the carbon atoms are covalently bonded to one another. The physical properties of the diamond consist of colors of yellow‚ brown‚ gray‚ white‚ blue‚ black‚ reddish‚ greenish and colorless. The luster is adamantine to waxy. The specific gravity is 3.5‚ which is about the average for a mineral.
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Conflict Diamonds Effect on Security & Peace in Africa | International Relations | | | 5/21/2012 | Asad Malik Hassan Sarfraz Khan Introduction Throughout the history‚ for one reason or another mankind has been fighting wars. Human being has been selfish when it comes to fulfilling his own desires. Men fought for the basic individual needs like food and then it was countries which started fighting to fulfill their people needs and wants. This is why Natural Resources like Diamond‚ Oil
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org Introduction SECTOR: GEMS & JEWELLERY SUB-SECTOR: Cast and Diamonds-Set Jewellery OCCUPATION: Casting REFERENCE ID: G&J/Q2505 Diamond Assorter: A Diamond Assorter is also known as ‘Assorter’ in cast and diamond-set jewellery manufacturing in India. An assorter‚ sorts diamonds according to its cut‚ carat‚ colour and clarity. Brief Job Description: Individuals working as assorter have to separate polished diamonds and group them into lots having similar characteristics and reject which
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Industry Analysis Diamond Industry (Gem Based diamonds) The Diamond industry is essentially broken up into 3 segments: 1. Industrial Diamonds—natural and synthetic diamonds that are used in a wide range of manufacturing processes for their physical properties. 2. Jewelry Diamonds—rough diamonds cut for use as gemstones in jewelry. 3. Investment Diamonds—high-quality large gemstones‚ often with special characteristics‚ purchased for investment. The Jewelry and Investment segments together
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