electric cooperative you immediately think of energy‚ and you should. However‚ how much do you really know about electric cooperatives? This is what the NRECA are trying to increase your awareness about. An electric cooperative is a type of electric utility that is owned by the members it serves. Its margins are put back into the cooperative to help run the business efficiently. If this is not done‚ the margins are returned to the customer-owner. A co-op exists solely to provide high-quality service
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results for 2011 show a turnover of £738.1 million (2010:£704.7 million)‚ producing profit £178.4 million (2010:122.9 million). Its EPS is 34.44 pence (2010:23.67 pence) and its share price is 283 pence with a P/E ratio of 13.0. Comparing with the Utilities sector‚ NWG is a medium company with a market capitalization of £1720.3 million. Assessment of Strategic Capability General strategy NWG’s vision is “to be the national leader in the provision of sustainable water and waste water service.” Then
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Direct and Indirect competition The water industry as many other industries has direct and indirect competitors; the direct competitors are companies that are producing the same line of products and indirect competitors are the ones that are selling something that your customers or potential buyers may use as an alternate or substitute of your products. An example of direct competitor is Seychelle Water Filtration company‚ they are a fast growing water company. They have complete portable water
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States meet their demand of Power from the state run generating stations. The power of the generating stations from the central utility i.e. NTPC has been allotted to various states using the GADGIL formulae of capacity allocation. The states used to meet their peak hour supplies from the short term power purchases from various power utilities. These Power utilities used to charge exponentially during the peak load when the demand of the generation rises during the peak load times of the day or
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Totem Poles as a Spiritual Form of Ethnic Art A totem pole is a spiritual for1m of cultural art‚ capable of transcending its traditional uses and forms and addressing the current social and political concerns of the artist. For hundreds of years the totem pole has played an important cultural‚ spiritual‚ and religious role in the Native American nations of the Pacific Northwest. Totem poles carver Jewell Praying Wolf James creates totem poles within his native cultural setting and incorporates
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* * Yogi’s Minimum * Case 08-4 * * Background * * A public utility company‚ Big Bear Power‚ has signed a 10-year non-cancelable lease from Goliath Company for a combustion turbine. The lease agreement is signed on December 15‚ 2004 and Big Bear has the right to use the turbine as of January 1‚ 2005. * Annual lease payments are $1 million per year‚ payable ratably over 12 months at the beginning of each month‚ according to the lease agreement. The minimum rent
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Compare and contrast public goods‚ private goods‚ common resources‚ and natural monopolies Public goods is a product that an individual can consume without decreasing its accessibility to another individual and without segregation. Economists refer to public goods as "non-rivalrous" and "non-excludable". National defense‚ sewer systems‚ public parks and basic television and radio broadcasts all fall into consideration for public goods. One problem with public goods is the free-rider problem that
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What Makes an Issue a Moral Issue? A moral issue is an issue that is not black and white. A person must make a decision depending on their own personal values and act according to these values to make the right decision. An action must involve the person evaluating in what they believe in and ask themselves why they believe this. In order to make the proper decision in a moral issue‚ a person must be ethically fit to make the right choice. The resolution to this situation will almost never
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“Why do some people get paid more than others?” Pay in the private sector is a matter of demand and supply‚ sometimes influenced by market imperfections. In the public sector the picture is less clear cut‚ but the public sector must be considered if only because in so many countries it is such a major employer. (It would be a big mistake to assume that MRP doesn’t affect the public sector just because it doesn’t exist in most of the public sector. Since public sector employees have alternative
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In Defence of Anti-Piracy In “In Defence of Piracy‚ (Well‚ some piracy)” (http://www.macopinion.com/columns/curmudgeon/99/01/28.html)‚ Matthew Ruben argues that it should be perfectly ethical for a person to download popular single songs off the Internet without paying for them‚ although he against wholesale downloads on entire albums. He argues that much of the demand created for these singles come from widespread advertisement and as such there is a lot of impulse buying of CDs. He also reasons
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