In the US major events always impact our economic performance. The gross domestic product‚ employment‚ the business cycle‚ productivity‚ and price levels are also economic indicators that are affected. All of the indicators affect the overall growth of the economy. When a major event occurs the economy can either have a period of contraction or expansion. A major event that negatively affected the economy was Hurricane Katrina. Hurricane Katrina caused the US billions in repairs and reconstruction
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Driving forces are the factors that affect an industry condition because certain forces such as competitors‚ suppliers or the customer may change how they are performing. Generally once change begins it continues to change and evolve and this can alter how an industry platform will compete and perform. Some of the biggest factors seen in the railway industry that could affect Union Pacific in the near and distance future include their competitors which is the trucking industry‚ other shipping companies
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Everyone has been aware of the damage that Hurricane Harvey has done to the state of Texas‚ yet the devastation is not only hitting the average American’s heart‚ but their wallets as well. Texas is a major supplier of oil to the country and Hurricane Harvey has put an abrupt halt to its oil production and refining. It is even quoted by Tom Kloza‚ the global head of energy analysis for Oil Price Information Service that “Satan could not have drawn up a more horrible geographic scenario for knocking
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In the period leading to the war in Iraq‚ Syria and Ukraine‚ oil prices increased significantly as did the profit earned by many oil companies including PETRONAS. Politicians in Malaysia opposed the government policy to oil price increase by twenty cents and the withdrawal of oil subsidy. As a manager or policy implementer‚ discuss the pros and cons if this policy in the context of the various theories of profit. Introduction The government of Malaysia increased the price of oil by 20 cents and
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In this paper‚ I am going to discuss how the oil cartel known as OPEC (Organization of Petroleum Exporting Countries) impacted the United States economy in the 1970 ’s‚ how the effects of this are still felt today‚ and how their power should continue to influence our thinking where foreign policy and energy policy are concerned. First I will explain what OPEC is‚ its history and how this concerns every citizen in the United States. Then I will discuss how leaders of the past dealt with
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Drew Haley Overview The Organization of the Petroleum Exporting Countries (OPEC) was formed in 1960 to unify the policies of oil exporting countries in the Middle East (About Us). During the 1973 Arab-Israeli War‚ the United States and Netherlands helped Israel in this war with supplies. This angered OPEC countries and acted as a catalyst for the 1973 oil embargo (Reid). Many countries in OPEC and most notably Saudi Arabia‚ wanted Israel to retreat from territories they gained during the war
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Structure as patterns of relations. Structures are applicable to people in how a society is as a system organized by a characteristic pattern of relationships. Power as influence over those relations. The structure of any organization‚ seen in this way‚ will partly be the outcome of the efforts of managers and other organizational designers to structure tasks‚ activities and establish a controlling hierarchy of command (Watson‚ 2008). A sharp distinction should be made between the formal structure
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bentuk sistem keuangan - yaitu sistem keuangan yang berbasis perbankan dan permodalan - dapat memprediksi keputusan pemilihan struktur modal perusahaan tertentu. Jadi saya memperbaiki analisis sistem keuangan sebagai penentu perubahan organisasi di tingkat mikro. Secara umum‚ penelitian awal ini adalah terkait pemahaman tentang bagaimana sistem keuangan dapat mempengaruhi struktur modal perusahaan‚ yang pada gilirannya mempengaruhi perilaku perusahaan dan strategi. Fleksibilitas keuangan Sehubungan
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Hal ini merupakan inti dari ABC Paradox‚ yang menyatakan bahwa jika memang ABC bermanfaat‚ mengapa banyak perusahaan tidak secara nyata melaksanakannya? ABC Paradox dapat dipahami melalui bagaimana faktor-faktor kontekstual seperti strategi dan struktur organisasional mempengaruhi adopsi dan implementasi ABC. II. Teori dan Hipotesis Dalam artikel ini‚ ABC dianggap sebagai sebuah tingkatan dalam activity management (AM). AM diklasifikasikan ke dalam tiga kategori‚ yaitu: activity analysis
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Harus kita pahami dahulu bahwa teknologi bukan hanya sekedar computer‚ melainkan harus dipahami secara lingkup yang lebih luas lagi. Revolusi informasi itu sendiri mempengaruhi 3 cara persaingan yang penting‚ yaitu: 1. Revolusi informasi merubah struktur dalam suatu industri yang merubah pula aturan kompetisi dalam suatu industri tersebut 2. Revolusi informasi menciptakan suatu keunggulan yang kompetitif (cara yang baru) untuk suatu perusahan dalam menghadapi persaingan 3. Revolusi informasi juga
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