http://www.eia.gov/tools/faqs/faq.cfm?id=9&t=5 Why has diesel fuel been more expensive than gasoline? On-highway diesel fuel prices have been higher than regular gasoline prices almost continuously since September 2004‚ a break from the historical pattern of diesel fuel prices usually being lower than gasoline prices except in cold winters when demand for heating oil pushed diesel fuel prices higher. The main reasons why diesel fuel prices have been higher than gasoline prices in recent years are:
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Competitive pressures caused by globalization‚ deregulation‚ and discontinuous technological changes seem to have forced many organizations into considering radical change as a way of surviving and growing. A big part of this radical change has to do with accepting and handling cultural differences among other nations. Organizations pursue change to enhance their competitive positions and to grow. Cultural Change Culture changes over time‚ despite the fact that one of the more
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Avon Case Study Analysis During the 1990s‚ Avon began to lose its appeal to the public. The number of new company sales representatives had begun to stall; and by 1999‚ the U.S. sales representatives had dropped 1% from the previous year (Pearce and Robinson‚ 2005‚ pg.423). It was at this critical time that Andrea Jung‚ an Avon saleslady herself‚ was hired as CEO to help take the company in a new direction. A turnaround grand strategy was envisioned in 2000 to help reenergize the flagging U.S. sales
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model has led to its adoption in virtually every country in the world and its growth into the global‚ multi-billion dlooar industry we see today. According to the Direct Selling Association (DAS)‚ direct sales account for over £2 billion a year in the UK and the industry is the country’s largest provider of part-time‚ independent earning opportunities’. The DSA represents a wide range of companies covering a variety of products‚ who between them make-up nearly 80% of the UK direct sales market. Big
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life. We may think that the rich get rich and the poor stay poor‚ because that is just “the way it is.” However‚ this is not the case. In Pulitzer Prize winning New York Times economic journalist David Leonhardt’s article from May 2014 “Inequality Has Been Going on Forever...but That Doesn’t Mean it’s inevitable‚” Leonhardt learns from French economist Thomas Piketty that income inequality occurs due to some individuals having extra capital to make more capital. Leonhardt specifies in his article that
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many other states‚ Australia is the only democratic nation in the world without a national bill of rights. The drafters of this constitution debated the adoption of the bill of rights in line with the United States; however the proposal was not successful which resulted in the constitution containing very
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Wal-Mart is the world’s largest retailer‚ which has approximately 3‚900 stores in the U.S. and 1.6 million employees. In 1962‚ when Sam Walton opened the first Wal-Mart store in Rogers‚ Arkansas‚ no one could have ever predicted the enormous accomplishment this small-town merchant would have. The reasons why Wal-Mart is successful are because of its low price‚ convenience and role of monopoly in the industry. The first reason why Wal-Mart is so successful is because it offers low price for customer
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To what extent has Greece been Affected by Globalization‚ Socially‚ Politically‚ Environmentally‚ Economically and Culturally? (above is a picture of the Greek flag) Greece is a relatively small country situated in the Southern East part of Europe. It is made up of many different islands and is mostly surrounded by the Mediterranean Sea. The picture on the right is the current flag of Greece. The capital of Greece is Athens‚ situated in the middle of the country and on the edge of the country’s
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The Great Depression was a hard time period. The reason it was caused is because of the stock market crashing. Everyone had money in the stock market but were in debt. That is because people who bought on margin could not pay any money back. The New Deal was successful because it helped people get out of debt and end the great depression. One reason the New Deal was successful was because it created jobs for young men. The Civil Conservation Corp is the group that created jobs. The CCC gave work
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span is a rapidly growing market in Latin America in terms of revenue. However‚ operating profit has growing at half the rate as revenue. This tells me that the costs of goods sold and SG&A prices have risen dramatically over this time span per product. Furthermore‚ total assets have been growing at an even faster rate. This rate does exceed the growth rate of depreciation and amortization which tells me that they are in a growing strategy. Capital Expenditure has been growing at a rate similar
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