Case study CASE STUDY: LAKSHMI MITTAL AND THE GROWTH OF MITTAL STEEL QUESTION 3: What benefits does Mittal Steel bring to the countries that it enters? Are there any drawbacks to a nation when Mittal Steel invests there? ANSWER 3: Mittal Steel brings several benefits to the countries that it enters. It’s presence in the market is beneficial as it focuses on acquiring and improving distressed companies. These acquisitions also help contribute more capital to each country. However‚ they are
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The Nature of Business and Ownership There are many types of business ownership‚ below is information about four types of businesses that I have researched. Sole trader An example of a sole trader would be Amro‚ a hair salon. It offers beauty services such as haircuts‚ manicures‚ pedicures etc. A “sole trader” business is owned by one single person‚ although it may have a number of employees. There are no legal requirements for setting up as a sole trader and the owner does not even need to
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America contains a variety of types of people‚ from different races‚ religions‚ cultural practices‚ and levels of American patriotism. These Americans can be anywhere in the world searching for success by studying abroad‚ traveling for their work‚ or just spending time exploring in another country. Also‚ people who are staying in America are not always Americans‚ because the same concept applies when taking about non-Americans. Most Americans contain the passion to obtain knowledge and earn their
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10/20/2013 Reflection #1 Topic : What Does It to Learn ? This is driving me to think! Gratitude…Pass It On. I think that sometimes when life gets busy the first thing I do is well on what isn’t working. There isn’t enough time to accomplish everything I need to do. I feel like I am spinning out of control trying to find the ever elusive balance and continue to drop every single ball I am juggling in the process. I somehow think that in the hope of being everything I am letting down from the
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Doing the unthinkable‚ achieving the impossible‚ heroes can be selfless. Heroes can be misunderstood‚ or they can easily stand out. They can be an everyday pedestrian‚ a boss‚ a relative. They could be the usual firefighter or a cop. A hero can be anything - strange‚ handicapped‚ anything except evil or wanting to make bad choices. Heroes can be legendary‚ heroes can be extraordinary‚ heroes should be celebrated. To be legendary is to be wise‚ powerful. Legendary outside of heroism could mean
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What does it mean to be a hero? Well when I was little ‚ about four to five years old I thought a hero was a person that had a lot of super powers . A superhero like the ones in cartoons like Batman ‚ Power Rangers ‚ Superman‚ Spider-man‚ and 0thers. But as I kept growing I said I always asked myself what is a hero? Is it some famous person‚ super hero or what? I never did quite understand the meaning till about now. Now I completely understand‚ a hero to me is someone who would always be there for
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University of Business Technology UBT – CEIT CALCULUS I – MATH 101 FALL – 2012 Instructor : Abdulraheem Zabadi STUDY GUIDE Table of Contents Limits Differential Calculus Integral Calculus SOME USEFUL FORMULAS Chapter One : Limits Properties of Limits If b and c are real numbers‚ n is a positive integer‚ and the functions ƒ and g have limits as x → c ‚ then the following properties are true. Scalar Multiple : limx→c (b f(x))=b limx→c fx
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Federal statutes and regulations do not cover mobile sources of air pollution. Correct Answer: False An environmental impact statement is required for every major federal action that significantly affects the quality of the environment. Correct Answer: True New sources of water pollutants must install pollution-control equipment before beginning operations. Correct Answer: True The government can recover the cost to clean up a hazardous waste
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Q4) what are the advantages and disadvantages to a firm of operating on a large scale? Economies of scale fall under microeconomics and are the cost advantages a business obtains due to expansion. As scale is increased they cause a producers average cost per unit to fall. Microeconomics (from Greek prefix micro- meaning "small" and "economics") is a branch of economics in which you study the behaviour of how the individual firms make decisions to allocate limited resources. Normally‚ it applies
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business ethics | a specialized study of the moral standards that apply to business policies‚ institutions‚ organizations‚ and behavior. | consistency requirement | the necessity of moral principles to be applied the same way to everyone in similar circumstances | ethical relativism | the theory that morality varies according to culture and/or time. | Ethics | the study of morality or the moral standards of a society or an individual. | law of agency | a law that specifies the duties of persons
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