(2) Long Term Care in Korea
In July 2008, Korea introduced social insurance for long-term care. There are several
important demographic and social changes leading to the introduction of long-term care
(LTC) insurance, including the rapid ageing of population as a result of the increase in life expectancy and the sharp decline in fertility. Total fertility rate is below 1.1 in 2005 (NSO,2007).
2) Before implement the ERP system in Shell Canada
Contractors had to send summarized invoices to Shell Canada, and it would take a contractor between 8 to 20 hours to prepare. Then, each invoice is reviewed by the territory manager and then forwarded to the head office for payment processing, and it would take another 16 to 30 hours per month. At the head office, another 200 hours of work was
of all equity capital. Business feasibility, creditworthiness of business practitioners and contractors, then check the overall risk within the scope of required funding is a loan by calculating the appropriate limit. Interest rates and fees will be determined after an internal review. And normally loan is renewable up to 5 years. Methods of repayment classify according to business such as balloo
Rationale for the tool selection of government corporations
A government corporation is likely to be an appropriate tool of government to carry out programs that are of a business nature, revenue producing and potentially self-sustaining; involve a large number of business-type transactions with the public, and require a greater flexibility than the customary type of appropriations budget ord
contractor has its own set of norms, goals, client groups, and philosophies that may conflict with whose of the government giving them money and soliciting their help.
To be competitive, agencies are under pressure to understate their indirect costs and low-ball the total cost or the per unit reimbursement rate.
Grants: categorical grants and block grants - Scope of purposes
First are cat