Describe the economic history of the crude oil refining sector in T&T from its birth to its present status. What was the impact of US tax legislation on this sector? How did the IADB loan revamp the refinery in Petrotrin in 1993? Why was the refinery in Point Fortin closed? Why does the refinery operate at suboptimal capacity? Is the Moraven agreement still active? Outline the prospects for growth in the next decade for the oil refining and gas refining subsectors of the petroleum sector of the T&T
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CRUDE OIL REFINING OR PETROLEUM PRODUCTS IMPORTATION: WHICH IS ECONOMICAL FOR NIGERIA? ABSTRACT: One of the most crucial challenges facing Nigeria is being able to meet the energy need of the energy hungry populace; the exponential population growth makes it even more challenging. The approach adopted to meeting this need has impacted severely on the economy of the nation as reflected in the year-on-year economic figures. This can be attributed to her choice of net importer
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For many years‚ the English legal system has followed the doctrine of precedent and concreted itself by the rules of stare decisis. Courts were taught to follow previous judgments‚ in other words “to stand by decisions and not disturb the undisturbed.” However‚ over centuries‚ principles and decisions set and made by judges were refined‚ confined‚ and distinguished. Such decisions came about because judges in later cases felt the need to make amendments‚ due to specific reasons under crucial circumstances
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Case #1. Zipcar: Refining The Business Model The objectives of this case: The Zipcar case was developed to permit students to closely track the development and evolution of a company’s business model in the very early stages of its life. The case describes the development of Zipcar‚ a car-sharing service located in Boston‚ but with national ambitions. The case includes the very first version of a financial model for the business‚ a version that was developed after significantly more research
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PACCOUNTING AND FINANCIAL ANALYSIS Zipcar is expanding rapidly since it was established in 2000. According to its latest 8-k form‚ for the 2012 first quarter‚ revenue increased 20% to $59.1 million compared to $49.1 million in the prior year period. Revenue growth resulted primarily from a 23% year-over-year increase in membership to more than 709‚000 members at quarter end. But does it really have a sustainable growth to support its expanding and operation? We implement a rough accounting and financial
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CASE STUDY: Merger of Zipcar and Avis Budget Group On January 2‚ 2013‚ Zipcar announced that it would be acquired by the Avis Budget Group. This merger may let staff members of both companies to feel uncertain and uncomfortable‚ especially of Zipcar and they feared that company was swallowed. Motivational problems related with finance were of major importance to employees of both companies and here too. The senior management and executive members of Zipcar company sought to gather and discuss
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Tzuo and K.V. Rao founded Zuora to address the need for billing efficiency. They are aware that there’s an increase in products being offered as a subscription service (i.e. Netflix offering a monthly subscription for a library of shows and movies‚ Zipcar offering a pay as-you-go utility that eliminates the need to buy cars etc). Their vision is to provide an e-commerce platform that provides a low-cost‚ state-of-the-art and highly efficient billing systems. Before the launch of their billing module
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precio del producto. Observamos los siguientes: • El alquiler por días que ofrecen las empresas tradicionales de coches ( AVIS‚ HERTZ‚ EUROPCAR ) con tarifas diarias cada vez más bajas y flexibles suponen una amenaza al servicio ofrecido por Zipcar • En España ofrecen un servicio similar HERTZ con el servicio 3 – 6 – 9 y `Connect by Herzt’ A cualquier empresa de alquiler de coches le sería fácil ofrecer este servicio ya no existen barreras de entrada difíciles de superar. • El
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danger. Taking a risk could result a lot of positive outcomes‚ and it can be very profitable. According to co - founder of Zipcar company Robin Chase‚ " Taking professional and entrepreneurial risks is quite profitable . My decision at age 23 to illegally slip into Kenya from Tanzania was a greater risk than launching Zipcar with just $78 in my bank account. Today Zipcar has 350‚000 members using 6‚500 cars." Taking real risk also requires freedom in our expectations and fears. Not all people can
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Background BMW was founded in 1913‚ and established as we know it now a day’s BMW AG in 1917. In the beginning BMW produced aircraft motors but after the Second World War they been forced to cease the production of aircrafts‚ they shift to the production of motorcycles in 1923‚ and following in 1929 the production of automobiles. The first car that BMW produce successfully was the Dixi. The logo was first used in advertisement in 1929. A huge crisis hit BMW in 1959 there were on a financial difficulty
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