Contribution of Agriculture and Petroleum Sector to the Growth and Development of the Nigerian Economy from 1960-2010 By 1 1 Aminu Umaru and 2Anono Abdulrahman Zubairu Department of Economics & 2Department of Management Technology School of Management and Information Technology Modibbo Adama University of Technology‚ Yola‚ Adamawa State‚ Nigeria. Abstract This paper investigates the contribution of agricultural sector and petroleum sector to the economic growth and development (GDP) of the Nigerian economy
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Course: Biopure Corporation 1. Decision: Biopure should launch Oxyglobin at a price of $200 immediately in the market. The early introduction of Oxyglobin may jeopardize the ability to set a high price for Hemopure‚ but the benefits of introduction will outweigh the risks. 2. Recommendation: Biopure should price Oxyglobin at $200 per unit. At the same time‚ it should enlarge the production capacity as soon as possible to satisfy the potential market demand for Hempure. As for the distribution
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Case 4: Progressive Corporation 1. How has Progressive’s strategy evolved over time? Is it sustainable? Answer: Progressive began in 1937 by Joseph Lewis and Jack Green‚ and over the years‚ it became the number three player in the US private passenger auto insurance industry through competitive pricing and by continuously improving our products and services. Progressive’s customer value proposition was “Fast‚ Fair Better”. The Progressive was constantly looking for ways to provide insurance to
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Case 5-1 Stern Corporation (a) Individuel Case Study After the controller of Stern Corporation had ascertained the changes in accounts receivable and the allowance for doubtful accounts in 1998‚ a similar analysis was made of property‚ plant‚ and equipment and accumulated depreciation accounts. Again the controller examined the December 31‚ 1997‚ balance sheet [see Exhibit 1 of Stern Corporation (A)]. Also reviewed were the following company transactions that were found to be applicable to these
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Statewide Development Corporation has built a very large apartment complex in Gainesville‚ FL. As part of the student-oriented marketing strategy that has been developed‚ it is stated that if any problems with plumbing or air conditioning are experienced‚ a maintenance person will begin working on the problem within one hour. If a tenant must wait more than one hour for the repairperson to arrive‚ a $10 deduction from the monthly rent will be made for each additional hour of time waiting. An answering
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signed by Nick Galli and Pia Galli (e) By being signed by Mario Galli and his friend Ryan Booker (Ryan does not work for FWPL). See 23-200 – 23-400‚ 25-390 and ss127 and 129 Corporations Act Overview: * Contracting with a company requires both formal authority and substantive authority. * Section 127(1) Corporations Act‚ * Section 127 gives formal authority to sign documents. * To establish substantive authority (in the absence of a board resolution) the party to the contract
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Product Gross Margin Calculation vs. Product Contribution Margin Calculation Assigning the overhead costs to the products shows how profitable the products are after deducting all cost. However‚ it is important to find the appropriate method of overhead cost allocation. In Sippican’s case the traditional accounting method is used‚ which does not reflect the real resource usage of the different product lines. The correct method in this case would be to apply the time-driven ABC approach for cost
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Description of the company’s performance McKesson Corporation is one of the leading providers of health care products and services. When it comes to analyzing the external environment; the political‚ economic‚ social‚ technological (PEST) analysis shows that the environmental situation is favorable for the company. The environment agrees with what the company wants to achieve. The environmental factors are giving the company a chance to succeed in its endeavor. In politics there is no direct problem
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commonly referred to as Sony‚ is a Japanese multinational conglomerate corporation headquartered in Kōnan Minato‚ Tokyo‚ Japan. Its diversified business is primarily focused on the electronics‚ game‚ entertainment and financial services sectors. The company is one of the leading manufacturers of electronic products for the consumer and professional markets. Sony is ranked 87th on the 2012 list of Fortune Global 500. Sony Corporation is the electronics business unit and the parent company of the Sony
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Question 1 Harnischfeger’s corporate recovery plan was a four pronged approach that involved (1) changes in top management‚ (2) cost reductions to lower the break-even point‚ (3) reorientation of the company’s business and (4) debt restructuring and recapitalization. These changes at first glance appear to have allowed Harnischfeger to improve its financial performance from a net loss of $3.49 per share in 1983 to a net gain of $1.28 per share in 1984. In addition‚ Harnischfeger has appeared
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