SALIENT FEATURES OF RANGARAJAN PANEL’S FORMULA FOR GAS PRICING: • The new formula‚ if implemented‚ will lead to a near doubling of prices to around $8 billion per mBtu • The Rangarajan Committee’s formula is based on the weighted average price of natural gas in North America‚ Europe and Japan markets as well as imported liquefied natural gas. • These guidelines shall apply from 1st April‚ 2014 and shall be applicable for five years after which market discovery price could be adopted as per the
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vaguely remember in my Junior College years (~2009)‚ I came across a café in Dempsey Hill that utilized a very interesting pricing practice: a Pay-What-You-Want pricing scheme. In other words‚ they had no price for their coffee‚ but the restaurant charged for their food. Being a typical Singaporean‚ I was very skeptical over this practice and various thoughts flooded through my mind: ‘this would never work!’ ‘Is the coffee poisonous?’ ‘Free ah? Really? What if no one pays!’ My brain simply could
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1 Master Dissertation Surname: Nicolas Name: Bresch Subject: Value Based Pricing: How companies can use their final customers’ perceived value in a business to business market? 2 Table of content: 1.1 Background of the study ............................................................................................................... 4 1.2 Research question........................................................................................................................
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“The First Seven Years” and “Catch the Moon”. The First Seven Years is written by Bernard Malamud. Catch the Moon is written by Judith Ortiz Cofer. The First Seven Years is about a father who just wants his daughter to find love‚ and the daughter and helper are secretly in love. Catch the moon is about a troubled boy that learns to change and falls in love with a girl. Both stories have a pretty similar theme‚ they are both about finding love. The first story I’m going to describe is “The First Seven
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1. What are some of the ways groups of people are identified? There are many ways that a group of people can be identified but the four criteria for classifying minority groups are race‚ ethnicity‚ religion‚ and gender. Race is mainly determined by the color of someone’s skin‚ hair (in some instances eyes)‚ height‚ and bone structure of the human body: big head‚ narrow eyes‚ tall short. Ethnicity is determined by where you were born and raised and what cultural patterns. Religion and is determined
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Reflection Paper: What is Strategy? Porter invalidates “Operational Effectiveness” as being strategy. As he puts it‚ oftentimes‚ businesses concentrate on productivity‚ quality and speed. These concepts lead further down to total quality management (TQM)‚ benchmarking‚ time-based competition‚ outsourcing‚ partnering‚ reengineering and change management. Although these principles may sound ideal‚ these do not lead to the ultimate goal of the company and that is profitability. Strategy rests on the
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Quo vadis? Towards an effective predatory pricing provision Garth Campbell* The level of criticism directed at s 46 of the Trade Practices Act 1974 (Cth) for its inability to capture predatory pricing indicates that smaller businesses are extremely concerned about this practice. Such criticism reached its peak following the High Court’s decision in Boral Besser Masonry Ltd v ACCC (2003) 215 CLR 374‚ which rejected a claim of predatory pricing. Since then‚ the Birdsville Amendment and other recent
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NOVA: Australia’s First 4 Billion Years NOVA’s four part videos "Australia’s First 4 Billion Years" takes viewers on a rollicking adventure from the birth of the Earth to the emergence of the world we know today. With help from host and scientist‚ Richard Smith‚ we meet titanic dinosaurs and giant kangaroos‚ sea monsters and prehistoric crustaceans‚ disappearing mountains and deadly asteroids. The visuals (both real and computer-generated) are beautiful‚ and the stories are clearly and engagingly
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Helsinki‚ Finland 2005 Producer price index for services Pricing methods by Aurél Kenessey (CBS‚ Netherlands) Benoît Buisson (INSEE‚ France) Richard McKenzie (OECD) 2 1. Introduction The term pricing method in the context of compiling price indices would probably be regarded by most price statisticians as a common concept. However when one attempts to find a definition for this concept‚ or indeed a definition for various types of pricing methods‚ the inadequacy of the current literature becomes
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