rP os t 9-204-021 REV: MARCH 31‚ 2006 MIHIR A. DESAI Dow Chemical’s Bid for the Privatization of PBB in Argentina op yo On November 10‚ 1995‚ Oscar Vignart‚ vice president of business development for Latin America for Dow Chemical Company (Dow)‚ and Luis Marcer‚ CFO of Dow Química Argentina‚ considered the bidding price on Petroquímica Bahia Blanca S.A. (PBB)‚ which was being privatized by the Argentine government. PBB produced both ethylene and polyethylene. It was part of a petrochemical complex
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CHAPTER ONE PRINCIPLES OF PERSONNEL MANAGEMENT HUMAN RESOURCE DEPARTMENT AND ITS BASIC FUNCTIONS For any organization‚ staff or men power is the most valuable asset.. In the modern age where computers and information technology have brought revolutionary changes in the progress and performance‚ human resource factor’s importance has become imperative. Many years ago large organizations had no separate department for staff matters and Personnel & Admin Department was doing the job. But recently
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SECTION 1 The Three Mile Island Nuclear Meltdown and the Possible Health Effects of its Children Problem From the nuclear disaster of Chernobyl in April of 1986‚ the medical world has learned much about the possible effects of radioactive materials being exposed to humans‚ specifically the pediatric population. Through this disaster‚ we learned that children and fetuses exposed to radio-nucleotides were susceptible to central nervous system dysfunction leading to microcephaly and retardation‚ congenital
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The debate on the privatization of Social Security is a controversial one with advocates for both sides. When Franklin Roosevelt signed off on a bill on August 14‚ 1935‚ known as the Social Security Act‚ a social insurance system was created where workers’ would allocate a small portion of their earned wages to enable financial protection for when they retire (See Figure 1) (Privatizing Social Security). It specifically states that its purpose was "to provide for the general welfare by establishing
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Managing the Global Economic Meltdown in a Consolidated Banking Sector of Nigeria: Rhetorics or Realities J. David Agaba and M.S. Tenuche Department of Political Science Kogi State University‚ Anyigba Abstract: This paper interrogates the implications of the global economic meltdown on the Nigeria Economy within the framework of a consolidated Banking sector. It investigates the ability of the Nigerian financial sector to withstand the challenges of the global economic meltdown in the face of the current
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Strategic Planning for Profit and Non-Profit Organizations Name School Table of Contents Abstract 3 Introduction 4 Discussion 4 Role of government in regulation of non-profit fundraising 4 Demanding of disclosure statements 4 Provision of more funding 5 Appointment of external auditors 5 Role of states in regulating non-profit fundraising 6 Sarbanes-Oxley-type legislation in non-profit fundraising 8 Importance of Sarbanes-Oxley type legislation 8
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Session 2 : Principles of Accounting and Financial Reporting - Chapter Two Quiz 1. Which of the following is a difference between financial reporting for internal service and enterprise funds? (Points : 10) Internal service funds are reported in the governmental fund financial statements. Internal service funds are reported in the proprietary fund financial statements. Internal service funds are generally
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Economic Profit and Accounting Profit When it comes to business decisions‚ there are many ways to analysis the financial status of a firm. What guidelines determine profit margin? Who uses these guidelines? How is profit used to analysis a firm and its business decisions? This paper will discuss two terms that are used to define profit: accounting profit and economic profit. The first term is called accounting profit which uses the equa-tion. The second term for profit is economic profit. Economic
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Companies Should not be Held Liable for Losses Sustained in a Successful Attack Made on Their AIS by Outside Sources. ACCT451 2013 I argue against the statement" Companies should not be held liable for losses sustained in a successful attack made on their AIS by outside sources." There are several reasons for my contention. The Accounting Information Systems has been used by businesses to improve their recording‚ processing‚ and reporting of accounting information. At the same time it is the
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had the objective to find hidden profits and losses contained in their current accounting system. The old system did not fully disclose how their costs were applied to the sales accounts. The goals are very sensible as they will allow them to move forward with the proper information. 2. Why did Ridderstråle feel that the previous cost system was inadequate for the new strategy? The new strategy/system was needed “to promote high-margin products to high-profit customers.” The old system didn’t
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