of-the-art 9 million metric ton refinery
Entitled to huge tax concessions
Growing demand for petroleum products
Could divert oil from Bombay High to the refinery for captive consumption
Gol permitted set up retail outlets from the MRPL refinery
Mangalore-Hassan-Bangalore product pipeline helped ONGC
2) Human Resources Development
HR Vision"To build and nurture a world class Human capit
1. The comparison and contrast of ‘state capitalism’ and ‘market capitalism’
There are about two capitalistic means in keeping monopolistic capitalism. One is 'state planning like monopoly, cartel'. Another is 'collective relations like Soviet union'.
The reason that state capitalism is associated with the Great Depression is state capitalism happened because ofthe Great Depression.
1. With which ofthe international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7
Capitalism against the Welfare State: Classical Political Economy
Some thought the welfare state is incompatible with capitalism. This conviction can be retraced to Adam Smith. He understood welfare as being secured primarily through the market. More clear reason for incompatibility is that without the compulsion to work an efficient market could no longer function because there would remain no
Herman Melville
Born in 1819. 8. 1 in New York city
Died in 1891. 9. 28
Novelist, Essayist, Poet
Family’s bankrupt and father’s death → had to work a lot
South seas adventure
Tragic insight of human and life, symbolism
“Typee”(1846), “Moby Dick”(1851)
Summary
The narrator is a lawyer working in Wall Street. He hires Bartleby, the Scrivener and problem begins. Bartleby r
1. The Market trend in domestic automobile industry
(1) The industrial trend
- As one ofthe most biggest industry, ranking 5 in world with 5.2% world market
- The ranking has been decreased since IMF in 98; however, it has been recovered by the increases in domestic market after 2001.
- The occupancy rate in world market was only 0.1% since 1975, but in 1996 it increased to 5.4% and it
1. Policies and reforms -Special Economic Zones (SEZs)
- Economic development-focused policies
- Putting old politics behind
Special tax incentives for foreign investments in the SEZs
Greater independence on international trade activities
Products are primarily export-oriented
Attracting and utilizing foreign capital
1.Introduction
1.1.Problem statement
Most universities in Korea do not recognize usefulness of facility management budgeting and they still keep using the same way . People are concerned about maintenance of school building less than construction and educational facilities about operation and maintenance are recognized the significance after taking place disaster. Most universities in Korea h
of a transmitter of risk to the financial system and broader economy.
In addition to the leverage ratio discussed in the previous section, the Committee is introducing a series of measures to address procyclicality and raise the resilience ofthe banking sector in good times. These measures have the following key objectives:
•dampen any excess cyclicality ofthe minimum capit
the way the current account deficits are being financed. If borrowed resources are not used productively, external borrowing can result in severe debt servicing difficulties. Debt management authorities therefore need to focus on efficient allocations ofcapital in sectors generating proper returns, and should effect monitoring to determine whether the borrowed resources are being used to improve