COMPETITIVE ADVANTAGE 1) The petrochemical industry produces goods that are largely undifferentiated. To be profitable‚ PCG need to be the lowest cost producer. Raw materials form the majority of PCG cost of revenue. PCG competitive advantage is‚ it has access to very low cost natural gas compared to its competitor‚ which in turn‚ means a higher gross profit margin. 2) PCG is backed by PETRONAS group‚ which also owns other 4 PLC units: i) MISC Bhd ii) Petronas Dagangan Bhd iii) Petronas
Premium Petrochemical Generally Accepted Accounting Principles Petroleum
Competitive advantage and strategies are important for companies to understand and utilize. Competitive advantage allows a company to stay ahead of its competition. Strategy on the other hand allows a company to have a plan for success. According to the article “Winning strategy for business‚ Response books”‚ “Strategy comes to be defined in every company with two independent and simultaneous processes” (Gorapaj‚ 2010‚ p.334). In order for Napster to see success and longevity in the online music
Premium Peer-to-peer File sharing
Imagine moving to Hollywood to realize your record was a sell out. This is what happens “Into the Great Wide Open” were a young high school graduate moves to Hollywood and meets up with a girl in search of a music career. The fictional narrative poem by Tom Petty‚ “Into the Great Wide Open” tells the story of a great rockstar‚ where the tone shifts in a realistic fashion. “Into the Great Wide Open” details the upcoming of a great rockstar named Eddie. Eddie met a lady & moved into a place with her
Premium Rock music Music Rock and roll
Project-wide or objective-oriented evaluations HSM/270 January 17‚ 2014 Project-wide or objective-oriented evaluations Checkpoint week 4 Project-wide an or Objective-oriented evaluations I believe both the project-wide and the objective-oriented evaluation plans could benefit the PEACE Domestic Violence Program‚ but the project wide evaluation would be better suited for the program. The project wide looks at the program as a whole‚ and can be setup for the staff‚ and the clients
Premium Critical thinking Evaluation Decision making
among modern researchers. The most prominent theory in human development is the life-span approach which is made up of various concepts. This essay aims to show the importance of the life-span approach by analysing some of the concepts that make up this approach‚ such as multi-directionality historical location and contexualism among others. This essay will critically analyse some of the assumptions of the life-span approach. It will also examine arguments against the lifespan approach as well as other
Premium Psychology Sociology Developmental psychology
Autonomous Control Autonomous control is used in the mechanics of many machines we use today‚ Autonomous control is basically a self-controlling program installed into a machine that allows the machine to move by itself based on the surroundings. The program installed into the machine asses the surroundings with its sensors and makes a decision on the movement of the autonomously controlled unit. The word autonomous means self-governing‚ this means it can make decisions by themselves‚ with this
Premium Rio Tinto Group Mining Automobile
Thesis: The theory of psychosocial development developed by Erik Erikson is one of the best-known theories of personality. Erikson believed that personality develops in a series of stages and described the impact of social experience across the lifespan. Similar to Sigmund Freud‚ but unlike Piaget‚ Erikson believed that personality develops in a series of stages that are predetermined. Unlike Freud’s theory of psychosexual stages‚ Erikson’s theory‚ that of a psychosocial behavior‚ describes the
Premium Erikson's stages of psychosocial development Developmental psychology Erik Erikson
with destruction of natural features (vegetation etc) around the place. The towers also emit strong electromagnetic signals‚ which can be health hazard for those living nearby and who are getting exposed to strong radiations continuously during a good span of their lives. While remaining in touch is good thing but sometimes it becomes annoying to have to deal with continuous incoming phone calls. You are on a vacation and your boss calls up‚ how does that sound! Cell phone monthly bills are usually
Premium Mobile phone
Locus of control is the degree to which people believe that they have control over the outcome of events in their lives. There are two types of locus of control‚ internal and external. Internal locus of control pertains to coping with the fact that their rewards are controlled by their efforts and decisions they make. External locus of control is someone coping in a negative manner. They believe that their lack of success is due to forces beyond their control. Locus control is important‚ because
Premium Management Social psychology Psychology
focus on the various disadvantages and advantages of disciplining children. To begin with will it will firstly present the disadvantage of disciplining children which includes firstly it leads to rebellious behavior of children secondly it contributes to emotional fallout in children and finally it will focus on the psychological effects on children. Thereafter it will focus on the advantages of disciplining children. The advantages are it develops self-control and self-discipline. Likewise‚ it strengthens
Premium Discipline Child discipline Childhood