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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1.0 Contracts and its Elements 1.1 Essentials of a Contract Contracts form part of our daily life e.g. lease of house‚ sale/purchase of cars‚ etc. However‚ there are elements essential to form a contract. These are: 1.1.1 Offer/Invitation MacMillan & Stone (2004) described offer as “an expression of willingness to contract on certain terms. It must be made with the intention that it will become binding upon acceptance. There must be no further negotiations or discussions required.” This can be
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What is Shark Finning? Why is it such a vicious practice and why do people do it? Shark Finning is an atrocious practice of cutting off the shark’s fins and tossing the shark‚ still alive‚ back to the water; this practice is illegal but it is practiced anyways and it’s quite serious as some shark are in the edge of extinction. Once the fins have been cut off‚ the shark is thrown back to the water and it slowly dies. The shark may either drown‚ bleed to death or be eaten by other creatures
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emeraldinsight.com/1475-7702.htm RAF 11‚1 Do CEO compensation incentives affect firm innovation? Shahbaz Sheikh University of Western Ontario‚ London‚ Canada Abstract Purpose – The purpose of this paper is to examine if the structure and design of CEO compensation has any effect on firm innovation. It further investigates the effectiveness of each component of portfolio of compensation incentives in encouraging innovation. Design/methodology/approach – This study uses systems of simultaneous equations
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TYPES OF CONTRACTS The risk shared between the buyer and seller is determined by the contract type. Although the firm-fixedprice type of contractual arrangement is typically the preferred type which is encouraged and often demanded by most organizations‚ there are times when another contract form may be in the best interests of the project. If a contract type other than fixed-price is intended‚ it is incumbent on the project team to justify its use. The type of contract to be used and the specific
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price change=+20%; Initial Price=$20; %CM=60%; Semi-Fixed Costs=$500 per 400 Units Q2) P/P = -10% P = -10% X 20 = -2 To serve more customers the company needs to add additional trucks and drivers. Each truck would deliver up to additional 400 bottles daily‚ at a daily operating costs of $500. With changes in Fixed Costs the formula to compute the relative change of Iso-Profit quantity is as follows: Without changes in Fixed Costs the Iso-Contribution change in sales volume would be as
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Barilla Case Study 1. What are the reasons for the increase in variability in Barilla’s supply chain? The supply chain of Barilla is highly variable because of a number of reasons. One of the major reasons is the fact that the distribution network for the firm is complicated because of the involvement of middlemen who make the supply chain longer and complex. In order to have adequate supplies‚ the firm depends on forecasting models‚ which are improper‚ rather than depending on the distributors
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active users. For instance‚ Facebook has more than %50 of all its users on mobile phones‚ around 500 million mobile users [1]. Being part of communities (Circles) Offer a place where a user can belong to specific communities. A place where people can do more than sharing pictures and comments‚ but a place where people can discuss specific topics in a community of people with some knowledge about the topic being discussed. The discussion can go as far as a video group discussion (Hangout). Privacy
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Why is it important to distinguish between persons that are employed and self-employed? How do the relevant bodies approach the problems of distinguishing between the two? It is important to Employment law to know who is an employee and who is an employer for the purposes of claiming unfair dismissals and statutory redundancy. The Employment Rights Act (ERA) of 1996 defines an employee as “an individual who has entered or works under (or‚ where the employment has ceased‚ worked under). The ERA
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to be happy regardless of challenging life situations. However‚ Personality Plus emphasizes that as humans‚ we have our shortcomings which challenge us to be flexible. Tips that are helpful solve weaknesses in every trait. Under this goal‚ Personality Plus emphasizes the importance of seeing everyone as being unique and not the common way we expect people to just think in a similar way as we do or
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