Sample records for space company lmsc


    Katrina B. Dobrova


    Full Text Available In this article, the proposals to improve the theoretical and methodological base for the development of innovative technologies aerospace industry are made based on an analysis of its current state and the study of the factors influencing this process at every stage, as well as the goals and objectives of the modernization of the Russian economy. The relevance of the study due to the fact that the rocket and space industry is regarded as an important component of sustainable socio-economic development and a guarantee of national security. Having our own space rocket means significantly promotes sound public policy in accordance with the doctrines, strategies, concepts and programs in the political, economic, social, military, environmental, scientific, technological, information and other fields. It was noted that the study of features of the commercialization of innovative technologies of the Russian Federation, the space industry is crucial to determine the factors and conditions for successful implementation of the development industry, the search of promising directions of development of the space industry and the economy as a whole. Emphasis is placed on the formation of the basic elements of innovation infrastructure and the creation of effective mechanisms of commercialization, creation of actual operating business on their basis, investment in the development of the aerospace industry, including using the tools of public-private partnerships and venture financing.

  2. Institutional Venture Capital for the Space Industry: Providing Risk Capital for Space Companies that Provide Investor Returns

    Moore, Roscoe M., III


    provided by an institution. Those institutions tend to be Banks, Pension Funds, Insurance Funds, Corporations, and other incorporated entities that are obligated to earn a return on their invested capital. These institutions invest in a venture capital firm for the sole purpose of getting their money back with a healthy profit - within a set period of time. The venture capital firm is responsible for investing in and managing companies whose risk and return are higher than other less risky classes of investment. The venture capital firm's primary skill is its ability to manage the high risk of its venture investments while maintaining the high return potential of its venture investments. to businesses for the purpose of providing the above-mentioned Institutions a substantial return on their invested capital. Institutional Venture Capital for the Space Industry cannot be provided to projects or companies whose philosophy or intention is not to increase shareholder equity value within a set time period. efficiently when tied up in companies that intend to spend billions of dollars before the first dollar of revenue is generated. If 2 billion dollars of venture capital is invested in the equity of a Space Company for a minority equity position, then that Space Company must build that minority shareholder's equity value to a minimum investment return of 4 to 8 billion dollars. There are not many start-up companies that are able to reach public market equity valuations in the tens of billions of dollars within reasonable time horizons. Foundations, Manufacturers, and Strategic Investors can invest in projects that cannot realistically provide a substantial return on their equity to their investors within a reasonable period (5-7 years) of time. Venture Capitalists have to make money. Venture capitalists have made money on Satellite Television, Satellite Radio, Fixed Satellite Services, and other businesses. Venture capitalists have not made money on stand

  3. The vulnerability and resilience of the company in modern economic space

    Denis Viktorovich Kopantsev


    Full Text Available Modern economic space is characterized by a multitude of emergencies, unusual situations, and interference to the development of business. In these conditions, competitive immunity of the company cannot always stay on the same level - a strategic essential characteristic of the company, revealing not only the company's ability to compete in the market of business entities, but also the company's ability to withstand the potential risks from external and internal shocks (in case of crisis, natural disasters, accidents and other emergencies and the company's ability to recover from disruptive events due to the presence of internal, sometimes not popular and not involved resources and assets. Among the possible approaches to monitoring of company's competitive immunity is a significant reduction in its assessment of vulnerability and enhancement of resilience. Reducing vulnerability and increasing resilience of the company in a competitive environment is a highly difficult strategic challenge, requiring maximum inclusion of intellectual capital and other intangible assets. The fact that for the long-term survival and growth of the company it is needed to understand how to anticipate market changes and, accordingly, adapt to those. Without strategic thinking it is hardly possible to speak about the viability of the company in today's competitive economy. In this connection, there is such a phenomenon emerging as an economic (competitive intelligence, which is broadly and more actively being positioned in today's marketing environment. Competitive intelligence is considered in this paper as a special tool for market research, aimed at formulating and implementing a proactive strategy, where the fragments of events in the marketing environment are put together - that allows identifying strategic risks and opportunities.

  4. Reducing variety in product solution spaces of engineer-to-order companies: The case of Novenco A/S

    Haug, Anders; Hvam, Lars; Mortensen, Niels Henrik


    by eliminating the product variety that do not create customer value. However, for Engineer-to-Order (ETO) companies, elimination of variety is particularly challenging, since it is about reducing variety in a complex product solution space, rather than just eliminating already produced product variants......Today many companies are experiencing increasing demands from customers for shorter delivery times and more competitive prices. In order to increase competitiveness from a price and time-to-market perspective, many companies initiate projects to reduce their internal product complexity....... To support ETO companies in achieving more efficient product solution spaces, this paper presents a procedure for reducing product solution spaces in ETO companies. The procedure is demonstrated through an action research study at the Danish ETO company, Novenco, which develops and manufactures heating...

  5. Charge retention test experiences on Hubble Space Telescope nickel-hydrogen battery cells

    Nawrocki, Dave E.; Driscoll, J. R.; Armantrout, J. D.; Baker, R. C.; Wajsgras, H.


    The Hubble Space Telescope (HST) nickel-hydrogen battery module was designed by Lockheed Missile & Space Co (LMSC) and manufactured by Eagle-Picher Ind. (EPI) for the Marshall Space Flight Center (MSFC) as an Orbital Replacement Unit (ORU) for the nickel-cadmium batteries originally selected for this low earth orbit mission. The design features of the HST nickel hydrogen battery are described and the results of an extended charge retention test are summarized.

  6. The Analysis and suggested marketing communication for CleanMySpace start-up company

    Tolstykh, Anastasiia


    This bachelor thesis is focused on the proposal of marketing communication for new start-up company CleanMyPlace, the winner of VŠE Exports 2015, aimed at increase of its brand awareness and improvement of existing marketing strategies and tactics. The theoretical part is devoted to marketing tools, most improtantly to marketing online communication, as soon as this brand provides its services via internet. In the practical part are defined and analysed the current marketing communication. Th...

  7. Comparing the Resulted Strategies from the SWOT and the SPACE (Electricity Company as Case Study)

    Abolfazl Sherafat; Khadijeh Yavari; Sayyed Mohammad Reza Davoodi; Nima Bozorgzadeh


    The present study was aimed to compare the implementation of two models in terms of strategic planning. In order to this, firstly, several field studies have been done in terms of the SWOT and the SPACE analysis. In the next step, a team of the middle and senior managers that have studied in terms of SWOT analysis seek to identify the organization’s strengths, weaknesses, opportunities, and threats and then develop their related strategies. They also develop and indicate the SPACE questionnai...

  8. USBI Booster Production Company's Hazardous Waste Management Program at the Kennedy Space Center, FL

    Venuto, Charles


    In response to the hazardous-waste generating processes associated with the launch of the Space Shuttle, a hazardous waste management plan has been developed. It includes waste recycling, product substitution, waste treatment, and waste minimization at the source. Waste material resulting from the preparation of the nonmotor segments of the solid rocket boosters include waste paints (primer, topcoats), waste solvents (methylene chloride, freon, acetone, toluene), waste inorganic compounds (aluminum anodizing compound, fixer), and others. Ways in which these materials are contended with at the Kennedy Space Center are discussed.

  9. Comparing the Resulted Strategies from the SWOT and the SPACE (Electricity Company as Case Study

    Abolfazl Sherafat


    Full Text Available The present study was aimed to compare the implementation of two models in terms of strategic planning. In order to this, firstly, several field studies have been done in terms of the SWOT and the SPACE analysis. In the next step, a team of the meddle and senior managers that have studied in terms of SWOT analysis seek to identify the organization’s strengths, weaknesses, opportunities, and threats and then develop their related strategies. They also develop and indicate the SPACE questionnaire. Based on the results of this questionnaire and determining the organization’s strategic position, they strive to develop the appropriate strategies. Finally, the strategies that have been derived from these models were compared to each other and their strengths and weaknesses were analyzed.

  10. The Development of a Virtual Company to Support the Reengineering of the NASA/Goddard Hubble Space Telescope Control Center System

    Lehtonen, Ken


    This is a report to the Third Annual International Virtual Company Conference, on The Development of a Virtual Company to Support the Reengineering of the NASA/Goddard Hubble Space Telescope (HST) Control Center System. It begins with a HST Science "Commercial": Brief Tour of Our Universe showing various pictures taken from the Hubble Space Telescope. The presentation then reviews the project background and goals. Evolution of the Control Center System ("CCS Inc.") is then reviewed. Topics of Interest to "virtual companies" are reviewed: (1) "How To Choose A Team" (2) "Organizational Model" (3) "The Human Component" (4) "'Virtual Trust' Among Teaming Companies" (5) "Unique Challenges to Working Horizontally" (6) "The Cultural Impact" (7) "Lessons Learned".

  11. Beyond and between academia and business: How Austrian biotechnology researchers describe high-tech startup companies as spaces of knowledge production.

    Fochler, Maximilian


    Research and innovation policy has invested considerable effort in creating new institutional spaces at the interface of academia and business. High-tech startups founded by academic entrepreneurs have been central to these policy imaginaries. These companies offer researchers new possibilities beyond and between academia and larger industry. However, the field of science and technology studies has thus far shown only limited interest in understanding these companies as spaces of knowledge production. This article analyses how researchers working in small and medium-sized biotechnology companies in Vienna, Austria, describe the cultural characteristics of knowledge production in this particular institutional space. It traces how they relate these characteristics to other institutional spaces they have experienced in their research biographies, such as in academia or larger corporations. It shows that the reasons why researchers decide to work in biotechnology companies and how they organize their work are deeply influenced by their perception of deficiencies in the conditions for epistemic work in contemporary academia and, to a lesser degree, in industry.

  12. Company welfare and social work ethics: a space for social work? : A discussion based on cases from Norway and Tanzania.

    Anne Ryen


    Full Text Available This article deals with company welfare and social work ethics. If social work is concerned with welfare and distributional issues, we would assume company welfare to be an issue of great relevance to social workers, so why do we not come across any social workers in our fieldwork? This calls for the simple question “where do social workers work?” or rather “how come social workers do not work in private companies?” We explore into the combination of social work and private companies with special reference to social work ethics to discuss private companies as a job arena for social workers. We argue that in a sector aiming at profit, social workers may trigger off employees enthusiasm, but employer scepticism. However, by avoiding a less stereotyped notion of private companies, company welfare and social work we claim that certain social work ethical principles would be of joint interest to the involved, but more so in certain contexts than in others.The article consists of six sections. After the introduction, we take a closer look at company welfare followed by a section on social work where we focus on ethical principles and work arenas for social workers. In section four we present our data from some private companies in Norway and Tanzania as a point of departure to our discussion in section five on private companies as a potential job arena for social workers. The complexity of company welfare does not call for simple answers. In the conclusions, section six, we therefore argue that the ethical principles of social work make it an interesting and relevant competence in managing company welfare, though not unproblematic in the homeland of profit. However, contextual complexity invites contextual responses.

  13. Perceiving sustainable forest spaces: governance aspects of private and company owned forests in North-Karelia, Finland

    Moritz Albrecht


    Full Text Available The integration of improved environmental or sustainable aspects in forest management is often affiliated with the rise of market-driven governance systems, such as forest certification. In terms of forest resource peripheries, like North-Karelia, Finland, these are often attributed to environmental business and consumer demands from the green Central European markets. While acknowledging these aspects related to the supply chains of wood-based products, this study evaluates the actual perceptions about environmental forest governance and its spaces in the resource peripheries themselves. It displays the perceived changes and practices in forestry by comparing private and corporate ownership and their governance networks. This is accomplished by a qualitative, interview based case study of North Karelian and Finnish forestry actors. Transnational forest governance is hereby treated as a relational space, with forest certification systems as possible technologies used to achieve improved, sustainable forest management. Utilizing the North-Karelian forestry sector, the varying positionalities of actors and institutions within such a relational space shape the knowledge networks, perceptions and decision-making. The study evaluates how these local-global positionalities of actors and individuals shapes their understanding, and guide the direction of sustainable forest management in Finland while it (re-produces opposing regimes of practice. With the discourse on forest certification being twofold, a more complex picture emerges if aspects of even- versus uneven-aged forest management in Finland are integrated. Shaped by the actor’s positionalities and related knowledge networks, perceptions regarding the quality of forest management practices and technologies used to achieve sustainability differ and thereby shape governance processes. The green markets are not perceived as the main driving force and a strong governmental influence, particularly

  14. Smart Companies.

    Galagan, Patricia A.


    Capturing and leveraging knowledge is an important new management trend that is as yet undefined. Some companies are accounting for their intellectual capital and applying it to the company balance sheets. (JOW)

  15. Company analysis

    Jenster, Per V.; Hussey, David

    This volume looks at the company appraisal as a whole, examining the continuing need to appraise companies as part of the continuing strategy process. Building from a sound basis of theory, the text aims to be practical and to give guidance to senior managers and others involved in the strategy...... process. It is thus a book primarily aimed at managers, but should also be useful for MBA students undertaking strategy assignments It provides helpful, practical guidance and identifies weaknesses of traditional methods. It also presents a variety of tools which may be used in the appraisal process...

  16. SAFER - Company Snapshot - SAFER - Company Snapshot

    Department of Transportation — The Company Snapshot is a concise electronic record of company identification, size, commodity information, and safety record, including the safety rating (if any),...

  17. Reading and company

    Kuzmičová, Anežka; Dias, Patrícia; Vogrinčič Čepič, Ana


    in the environment where one engages in individual silent reading. The primary goal of the study was to explore the role and possible associations of a number of variables (text type, purpose, device) in selecting generic (e.g. indoors vs outdoors) as well as specific (e.g. home vs library) reading environments....... Across all six samples included in the study, participants spontaneously attested to varied, and partly surprising, forms of sensitivity to company and social space in their daily efforts to align body with mind for reading. The article reports these emergent trends and discusses their potential...

  18. Zenn Motor Company

    Clifford, I. [Zenn Motor Company, Toronto, ON (Canada)


    Zenn Motor company is a leader in the electric vehicle space and builds and markets a low speed vehicle known as the zero emission, no noise (ZENN). This presentation provided background information on the Zenn Motor Company as well as on EEStor, a company that develops four-wheeled vehicles and that is seeking partners to fund the development for a modified barium titanate-based ultracapacitor. In 2004, ZENN entered into a technology agreement with EEStor that secured certain exclusive and non-exclusive rights to purchase and deploy EEStor's EESU technology as part of its ZENNergy solutions in several markets, including exclusive rights for new four-passenger vehicles with a curb weight of up to 1,400 kilograms; exclusive rights for the neighbourhood electric vehicles (NEV) and golf carts market; exclusive rights for utility vehicles; and exclusive rights for the aftermarket conversion to ZENNergy of any four-wheeled vehicles. The presentation also addressed ZENNergy and the art of integrating high energy drive solutions. Lessons learned and EEStor's technology attributes were discussed. A hypothetical case study was also offered. The presentation concluded with a discussion of EEStor technology status and opportunity horizons. It was concluded that a better battery is needed to enable the mass adoption of electric vehicles. tabs.

  19. SAFER - Company Snapshot

    Department of Transportation — The Company Snapshot is a concise electronic record of company identification, size, commodity information, and safety record, including the safety rating (if any),...




    Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies) or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and mu...

  1. 75 FR 42432 - Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC...


    ... Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC, Transcontinental... abandonment of facilities by Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas... resources, fisheries, and wetlands; Cultural resources; Vegetation and wildlife; Endangered and threatened...

  2. Electric Holding Company Areas

    Department of Homeland Security — Holding companies are electric power utilities that have a holding company structure. This vector polygon layer represents the area served by electric power holding...

  3. Global oil company profiles


    Global Oil Company Profiles provides a comprehensive review of 50 of the top oil companies in the world. Each chapter is devoted to an individual company, providing an invaluable insight into the organisation, its structure and operations. Using the most recent data available, the report offers an up-to-date analysis of performance and future direction, as well as a unique benchmarking system for each company profiled. (author)

  4. Global gas company profiles


    This report provides a detailed assessment of 60 of the top gas companies form around the world, analysing them according to their internal dynamics and in relation to their competitors. It devotes each chapter to an individual company, providing invaluable insight into the organisation's operational background, financial performance and strategic goals. Using the most up-to-date information available, Global Gas Company Profiles allows you to make detailed analysis of each company's performance and future direction. (author)

  5. Space space space

    Trembach, Vera


    Space is an introduction to the mysteries of the Universe. Included are Task Cards for independent learning, Journal Word Cards for creative writing, and Hands-On Activities for reinforcing skills in Math and Language Arts. Space is a perfect introduction to further research of the Solar System.

  6. Section 1: Company directory



    This is a 1992 directory of those companies doing business in all areas of the independent power producers industry. The listing includes the company name, address, telephone and FAX numbers, and the name of a company contact. The listing is international in scope

  7. Training Spaces

    Weinstein, Margery


    Creating a balanced learning space for employees is about more than trying different types of seating. It is a challenge that an affect how well employees absorb the lessons and whether they will be able to product better results for the company. The possible solutions are as diverse as the learners. This article describes how three companies…




    Full Text Available Companies, especially nowadays, are characterized through great mobility, fast circulation of capital, occurring in their chase for profit. In this context, companies look for alliances, economical and political assistance. These objectives can materialize through merging of companies. The merger can be internal (between Romanian companies or transboundary, which includes foreign companies. In order to correctly reflect these events, the merger operations must be regulated and must respect national and international regulations. One important request concerning the merger operations is that the accounting values of the assets, debts and ownership equity must be brought to the present financial value.

  9. Open Source Telecommunication Companies

    Peter Liu


    Full Text Available Little is known about companies whose core business is selling telecommunications products that lever open source projects. Open source telecommunications (OST companies operate in markets that are very different from typical software product markets. The telecommunications market is regulated, vertically integrated, and proprietary designs and special chips are widely used. For a telecommunications product to be useful, it must interact with both access network products and core network products. Due to specifications in Service Agreements Levels, penalties for failures of telecommunications products are very high. This article shares information that is not widely known, including a list of OST companies and the open source projects on which they depend, the size and diversity of venture capital investment in OST companies, the nature of the commercial product-open source software and company-project relationships, ways in which OST companies make money, benefits and risks of OST companies, and competition between OST companies. Analysis of this information provides insights into the ways in which companies can build business models around open source software. These findings will be of interest to entrepreneurs, top management teams of incumbent companies that sell telecommunications products, and those who care about Ontario's ability to compete globally.

  10. Public Shareholdership Energy Companies

    Kist, A.W.; Crone, F.J.M.; Hudig, D.F.; Ketting, N.G.; De Swaan, T.; Willems, R.


    National and international developments on the energy markets and changes in legislation and regulation require a renewed strategic orientation of energy companies and their shareholders. Decentralized authorities will have to reconsider their position as a shareholder in energy companies carefully. This report provides an overview of the recommendations of the Kist Commission on how provinces and municipalities can make a well-considered choice as shareholder of energy companies. [mk] [nl

  11. Privatised companies and market

    Salini, M. P.


    The Italian Government decided to adopt the public company structure where a little group of medium-term investors had the task of supporting the transition of the privatised companies to the market. The article examines the reasons for this decision and its failure in attaining the purpose, not excluding the possibility for the public company of imposing itself in the long period and in a context of a minor legislative intervention and more effective Corporate Governance rules [it

  12. The Danish East India Company

    Sørensen, Karsten Engsig


    The article analysis the first Danish East India Company incorporated in 1616, which was the first Danish Stock Company and which has impacts even on modern Danish company la......The article analysis the first Danish East India Company incorporated in 1616, which was the first Danish Stock Company and which has impacts even on modern Danish company la...

  13. Virtual Company and Modelbank

    Thorsteinsson, Uffe


    Ansøgning til Socrates programmet vedr. Tematisk netværk inden for området Virtual Company and Modelbank......Ansøgning til Socrates programmet vedr. Tematisk netværk inden for området Virtual Company and Modelbank...

  14. Conclusion: The balanced company

    Scheuer, John Damm; Jensen, Inger


    This concluding chapter brings together the various research findings of the book "The balanced company - organizing for the 21st Century" and develops a general overview of their implications for our understanding of the balancing processes unfolding in companies and organizations....




    Full Text Available In present, the study of vulnerability of companies is increasing in every field due to the unstable economic environment influences. The object of this research is to define and identify vulnerabilities of companies and the establishment of evaluation methods at their level. This article emphasizes the importance and usefulness of one of the best known model in this way, from our point of view, namely Băileşteanu, Negrila Pattern. This pattern covers both external factors and internal ones, that increase vulnerabilities of companies, and fit the companies in which the state of vulnerability are (vitality, viability, vulnerability, high vulnerability, difficulty and high difficulty, with a matrix. The result of the research is that any company belonging to any field, can be analyzed using this model, and assigned to one of the conditions defined within.

  16. United States Nuclear Rocket Company (USNRC)

    Hardin, L. A.


    Historically, the development of advanced space technology has been accomplished by the federal government providing funding to commercial companies through the standard contracting process. Although recently, commercial space ventures, such as Space X, have begun to develop enhanced commercial space launch capabilities, and many companies provide space related services - including satellite development and operations, advanced technology development still requires (and should require) participation by the federal agency assigned this role - the National Aeronautics and Space Administration (NASA). However, this standard funding model may not be the most efficient and stable means of developing the advanced technology systems. And while the federal government does not need to be involved in areas where private industry can reasonably operate, it should remain the leader in supporting the development of new and advanced space technologies to further increase our national capability. And as these technologies mature, then private industry can begin the commercialization process, freeing up resources and funds for NASA to develop the next generations of advanced space technology. In fact, simply examining the last decades of space technology development shows that there is room for improvement. Part of the problem is that there are realistically two space frontiers. There is the commercialization frontier (the realm of Space X and others) and the exploratory frontier (the realm of NASA.). Often technologies that can support the exploratory frontier can also immediately support the commercialization frontier. Yet, these technologies are still developed under the standard model of federal funding and contracting. Is that really the best way to proceed? In this paper, the argument is put forward that a new process is required, a new paradigm. A consortium of federal agencies as well as commercial companies is needed - in a collaborative rather than a contractual


    Alexandrina Cristina VASILE


    Full Text Available Changes are the only constant value in the current unpredictable economy. Under these circumstances leaders and employees must manage the external and internal environment and bring profitability for their companies. This paper gives an introductory approach to different perspective over learning companies in international literature. Different theoretical aspects, models and theories are taken into account for having a higher visibility to the complex concept of learning companies from leadership side to multiculturalism as the firm profitability should be the final goal of each economic system. The article concludes that not the process of learning is important but the adaptability to every different environment must be seen as vital.

  18. Bull Moose Tube Company

    The EPA is providing notice of a proposed Administrative Penalty Assessment against the Bull Moose Tube Company, a business located at 1819 Clarkson Road, Chesterfield, MO, 63017, for alleged violations at the facility located at 406 East Industrial Drive,

  19. Company environmental communication

    Andriola, L.; Luciani, R.; Borghini, S.


    Environmental communication is becoming a sine qua non for companies which are more and more pressed by the need to reinforce communication with interested parties: environmental groups, local communities, local and national authorities, employees, share-holders, banks, insurance companies, customers and consumers. Reliable environmental information, just like economical and property data, is now required during both company take-over and financing, and in some cases it can affect insurance premiums. In fact, environmental guarantees are more and more often required because breaching environmental regulations can entail legal sanctions going as far as suspension of business. There now also Green investment funds that engage their resources only against specific environmental guarantees on the part of the companies that, before being selected for the investment, are submitted to rather accurate questionnaires by the investment manager [it

  20. Open Source Telecommunication Companies

    Peter Liu


    Little is known about companies whose core business is selling telecommunications products that lever open source projects. Open source telecommunications (OST) companies operate in markets that are very different from typical software product markets. The telecommunications market is regulated, vertically integrated, and proprietary designs and special chips are widely used. For a telecommunications product to be useful, it must interact with both access network products and core network pro...

  1. The virtual oil company

    Garibaldi, C.A.; Haney, R.M.; Ross, C.E.


    In anticipation of continuing declines in upstream activity levels over the next 15 years, the virtual oil company model articulates a vision of fewer, leaner, but financially stronger firms that concentrate only on their core competencies and outsource the rest through well-structured partnering arrangements. Freed from the ''clutter,'' these leading companies will be in better position to focus on those opportunities that offer the potential for renewed reserve and revenue growth

  2. Approaching comparative company law

    Donald, David C.


    This paper identifies some common errors that occur in comparative law, offers some guidelines to help avoid such errors, and provides a framework for entering into studies of the company laws of three major jurisdictions. The first section illustrates why a conscious approach to comparative company law is useful. Part I discusses some of the problems that can arise in comparative law and offers a few points of caution that can be useful for practical, theoretical and legislative comparative ...

  3. Physician-owned companies.

    Kostuik, John P


    The author relates his experience in the development of a spinal implant development company (K2M) that is significantly advised by physicians. To provide information about the development of a spinal implant company (K2M) advised by a group of professional spinal surgeons. To relate the federal laws (STARK and anti-kickback) as they pertain to surgeon-influenced companies. To discuss the role of a scientific advisory board. A self-developed company was developed together with significant, but minority physician financial input and majority scientific advice. A privately owned spinal implant development corporation (K2M) was developed 3 years ago. Physician financial participation was less than 20% (Stark laws state no more than 40%). Users of product are greater than 60% non-investor physicians. The development of a large scientific advisory board has been very influential in product development. A privately owned spinal implant company (K2M) has been developed strictly within Federal laws. Its board of scientific advisors that receives recompense commissurate only with effort significantly impacts the company policy.

  4. 75 FR 13524 - Northern Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC...


    ... Natural Gas Company, Southern Natural Gas Company, Florida Gas Transmission Company, LLC, Transcontinental... notice that on March 5, 2010, Northern Natural Gas Company (Northern Natural), 1111 South 103rd Street, Omaha, Nebraska 68124- 1000, filed on behalf of itself and other owners, Southern Natural Gas Company...

  5. The Second Space Race

    Fawkes, S.

    This paper compares and contrasts the characteristics of the first space race, which ran from the late 1950s to the late 1990s, and the second space race that began with the successful space flight of SpaceShipOne in 2004. The first space race was between superpowers seeking to establish geo-political dominance in the Cold War. The second space race will be between competing companies seeking to establish low cost access to space for ordinary people. The first space race achieved its geo- political objectives but did not open up low cost access to space but rather restricted access to a select few, highly trained astronauts and cosmonauts. The second space race, driven by the size and growth of the travel and tourism industry, promises to open up access to space to millions of space tourists.

  6. Countries and companies

    Jenning, J.S.


    The trends and factors currently emerging are likely to have significant influence on the way the upstream oil and gas industry evolves in the coming decade. This paper discusses how these trends might influence events in the 1990s, particularly how they might influence relationships between host countries and companies in the oil industry. State owned companies will dominate the industry in resource terms. These statcos fall into three groups: a small group of technically able, financially sound, well-managed companies; a group of consumer statcos that have limited domestic production but significant domestic demand; a large group that are finding it difficult to maintain their production facilities in good standing to maximize recovery from their resources. This paper describes the future private sector as consisting of the Surviving Sisters and smaller, private companies very active in the upstream. How will these various players behave in the years to come? Conventional activity in the upstream will continue as companies seek to optimize their upstream portfolios

  7. Companies as "Cyborgs"?

    Thompson, Grahame

    This paper investigates the legal and commercial consequences of companies being considered as both an entity and a person in law – hence the notion of ‘cyborg’ in its title. It concentrates upon legal personhood and relates this particular feature to the issue of corporate citizenship. In turn...... corporate citizenship provides a link to considering the political role of companies, since in claiming citizenship they are implicitly at least claiming a particular set of political rights consequent upon that status, and announcing a particular politically constrained context associated...... with their operational characteristics. But what would be involved in granting companies full citizenship rights in the image of natural person citizenship? The paper explores this issue in connection to the differences between corporate social responsibility and an earlier idea of the socially responsible corporation...

  8. Chinese Companies in Switzerland

    Esther Kessler


    Full Text Available In recent years, some of China’s leading firms have made headlines with their European expansion, by either opening new facilities or by acquiring or merging with significant enterprises in Europe. The goal of this paper is to contribute to the existing literature by examining Chinese enterprises expanding into Switzerland. The study also allows some conclusions for Chinese companies entering Central and Eastern Europe. We analyze via interviews the motivations of Chinese companies to expand into Switzerland as well as their behavior and the impediments in their internationalization process. Our findings show that Chinese companies fail to take advantage of certain benefits of western economies (such as open information and stable rule of law. To move forward efficiently, they should develop competence in dealing systematically with readily available market information, building professional networks that recognize a separation between business life and personal life, and managing their Chinese and foreign employees in the foreign cultural environment.


    Hezi Aviram SHAYB


    Full Text Available Nobody is planning to fail, but many companies are failing because of lack of planning. Real business experience showed during the years that crisis can be prevented, avoided or limited. If detected in time, the risks associated with the crisis can be mitigated and the effects can be diminished, with the condition that the actions required are done fast, in a sharp and accurate manner. When it comes, a crisis brings an intense level of pressure and under these conditions there is no time or room for mistakes. Delays, losing focus and lack of planning will bring a company one step away from failure. The right way to deal with crisis, if required measures are not done in time, is to minimize the losses and reposition in the best way possible. Analysing the success stories of some of the biggest and strongest companies in the world, led to an important conclusion: the majority of these companies were in the situation to face huge crises which threatened their ability to survive in certain moments, on their way to success. With the right planning and by setting a proper organisational structure, the negative aspects of the crisis can be turned into benefits and opportunities for the company. The most critical challenge for management is to assess the level of exposure to risk of the company and identify the key points to focus on in order to overcome the crisis and create value. In order to set up a strong plan in dealing with crisis, a business organisation needs reliable, efficient and effective tools and this is what this article is all about.




    Full Text Available A company’s manager has to create and maintain a healthy internal control system. An efficient internal control system implies the implementation in the company of risk management. Each company, but also each individual, who tries to attain certain objectives, establishes the activities which lead to the achievement of goals and, at the same time, tries to identify as many “threats” as possible, in order to take the necessary measures to eliminate them. Thus, even if one is not familiar with the concepts of risk and risk management, one acts, consciously or not, for that purpose.


    Caruntu Genu Alexandru


    Full Text Available In economic and financial activity, risk is an inherent financial decisions, encountered in daily agenda of managers of companies. Unexpected changes in the price of a product development not only affect the financial results of a company, but can cause even bankruptcy. In fact, the nature of financial decisions involve uncertainty. Financial decisions are made based on cash flows under future contracts, which are par excellence incerte.Activitatea an enterprise that holds any weight in the industry is subject to risks, since it can not predict with certainty different components of its outcome (cost, quantity, price and operating cycle (purchase, processing, sales.

  12. Oil Companies Climb Global List



    @@ Backed by the huge market size,China's energy companies have been ranked in the group of the world's largest industry players. On September 6th,eight companies from the Chinese mainland and six companies from Hong Kong SAR were included in this year's Platts Top 250 Energy Companies List.

  13. Study on Municipal Energy Companies


    This is a summarizing overview of the local, renewable energy initiatives that are grouped under the heading of 'municipal energy company'. A municipal energy company (or sustainable energy company) is a local energy company that initiates, coordinates and/or manages sustainable energy projects with the primary objective of realizing the climate objectives. [nl

  14. Company Town Shutdown.

    Turnage, Martha A.

    Saltville, Virginia, is a former company town whose main employer, a soda ash plant, shut down on July 1, 1971. The closure of the chemical plant displaced 700 workers, and created a crisis that threatened not only the existence of the town, but of the entire region. In response, Virginia Highlands Community College (VHCC), in cooperation with the…

  15. Innovation strategies for generic drug companies: moving into supergenerics.

    Ross, Malcolm S F


    Pharmaceutical companies that market generic products generally are not regarded as innovators, but rather as companies that produce copies of originator products to be launched at patent expiration. However, many generics companies have developed excellent scientific innovative skills in an effort to circumvent the defense patents of originator companies. More patents per product, in terms of both drug substances (process patents and polymorph patents) and formulations, are issued to generics companies than to companies that are traditionally considered to be 'innovators'. This quantity of issued patents highlights the technical knowledge and skill sets that are available in generics companies. In order to adopt a completely innovative model (ie, the development of NCEs), a generics company would require a completely new set of skills in several fields, including a sufficient knowledge base, project and risk management experience, and capability for clinical data evaluation. However, with relatively little investment, generics companies should be able to progress into the so-called 'supergeneric' drug space - an area of innovation that reflects the existing competencies of both innovative and generics companies.

  16. Scottish Nuclear, the company

    Yeomans, R.M.


    A former chief executive of Scottish Nuclear, formed when United Kingdom electricity generation was privatized, describes the financial viability of the company and considers the future of nuclear power. Scottish Nuclear owns and operates the Advanced Gas Cooled (AGR) and Magnox reactors at Hunterston and the AGR reactor at Torness and is a separate company from those dealing with hydro-electric and non-nuclear generation of electricity. Costs of running the reactors is identified as a proportion of the whole for certain key issues such as station costs, depreciation, decommissioning and insurance. While nuclear power generation using outmoded Magnox reactors is costly, the ecological cost of global warming is seen as more of a problem. Future policy for nuclear power in Scotland must include new plant, probably pressurized water reactors and a clear policy of safety enhancement. (UK)

  17. Company cases Denmark

    Tølle, Martin; Pedersen, Jørgen Lindgaard


    for government sector in Denmark. DC employed 1,000 persons and had a market share on 75 % in the market of large government institutions when it was taken over. Danish government wanted to sell DC in order to get more intensity in competion in IT - markets in general and especially in the market for public...... IT - solitions. CSC wanted to buy DC to penetrate the Nordic market. Some effects can be mentioned: Employment in CSC - DK is in 2003 1,700 persons or 2,600 including other companies bought up recently. In innovation positive effects can be registered from contacts with CSC - International. Not only from access...... - Laboratoriet, Benzon - Pharma and Pharma - Medica during years 1988 - 1991.Nycomed wants to establish itself as a company on European level.After a decade with different owners, fusions and splitting ups a construction in which head quarter and R&D move to Denmark close to Copenhagen. The importance...

  18. Happy oil companies

    Maincent, G.


    The decay of demand, the bad financial results of the first half of 2009 and the hypothetical depletion of reserves must not hide a reality: oil companies are passing through the economic crisis without much trouble. Even if profits have marked time in volume (-57% for BP, -65% for Shell..), the net margins have not significantly suffered and the available cash remains comfortable (14 billion euros for Total as an example). The perspectives offered by the new offshore sites (like Santos in Brazil) added to the fabulous promises of the Iraqi market where 'majors' can now make their come-back will be the key of success of oil companies. The overall exploration-production investments should start up again by the beginning of 2011. For the only offshore drilling domain, they should rise up by 32% during the 2009-2013 period which represents a sum of 367 billion dollars. (J.S.)

  19. The Balanced Company

    through control or trust. Human resource specialists need to make balanced decisions about how to design tasks and jobs in order to make them attractive as well as motivating. Marketers need to make balanced decisions about how to market products in the light of what is now important in consumers...... in their environments. Communication specialists need to make balanced decisions which take the different value systems and assumptions of stakeholders into consideration. Change specialists need to balance the need for continuity and change. Managers need to make balanced decisions about whether to achieve goals...... the creation and recreation of balanced relationships. Chapters in The Balanced Company ask and provide answers to questions about corporately responsible and ethically driven balanced decision making, such as: • How can a company and its stakeholders identify what should be taken into consideration - What...

  20. Oil companies make cutbacks

    Dupin, Ludovic


    As oil prices are falling, the oil sector faces company restructuring, merger projects, closure of oil fields, and so on. Restructuring is motivated by the costs of offshore exploration and oil production projects. Saudi Arabia tries to fight the emergence of shale gases by reducing oil prices, and somehow succeeds as some projects in the USA are put into question again. Experts perceive this situation as an opportunity for the sector to improve its efficiency and reduce over-staffing

  1. Building Company Loyalty System

    Haniková, Alžběta


    The thesis discusses the importance of loyal customers, and loyalty system as a tool for building loyalty. It defines loyalty and customer satisfaction, it deals with the issue of customer retention. It describes the history and types of loyalty programs, important factors for deciding on their implementation and problems associated with them. The practical part is concerned with the clothing market, Orsay company and its Orsay Club loyalty systeme. The work also includes a survey of the loya...

  2. Tax optimization of companies

    Dědinová, Pavla


    This diploma thesis deals with tax optimization of companies. The thesis is divided into two main parts - the theoretical and practical part. The introduction of the theoretical part describes the history of taxes, their basic characteristics and the importance of their collection for today's society. Subsequently, the tax system of the Czech Republic with a focus on value added tax and corporation tax is presented. The practical part deals with specific possibilities of optimization of the a...

  3. Company Vision and Organizational Learning

    Vojko Toman


    Full Text Available The effectiveness of a company is largely dependent on the company itself; it depends above all on its corporate governance, management, and implementation, as well as on decision-making processes and coordination. Many authors believe that organizational learning and knowledge are the most relevant aspects of company effectiveness. If a company wants to be effective it needs to create and realize its vision; to do this, it needs creativity, imagination, and knowledge, which can be obtained or enhanced through learning. This paper defines vision, learning, creativity and management and, above all, their relationships. The author argues that company vision influences the learning and knowledge of employees in the company through the vision’s content, through the vision-creating process, and through the vision enforcement process. Conversely, the influence of learning on company vision is explained. The paper is aimed at the use in the practice of companies and helps them to increase their effectiveness.

  4. Risk Management in Insurance Companies

    Yang, Xufeng


    Insurance is the uncertain business in uncertain society. Today, insures face more complex and difficult risks. Efficient risk management mechanisms are essential for the insurers. The paper is set out initially to explore UK insurance companies risk management and risk disclosure by examining companies annual report after all the listed insurance companies are required to disclose risk information in their annual report, which seeks to reflect the recent development in UK insurance companies...

  5. Organizational architecture of multinational companies

    Sikorová, Lenka


    The main goal of the bachelor thesis Organizational Architecture of Multinational Companies is to elaborate the overview of organizational structures that are used by modern global companies. The thesis contains an analysis of such companies development, principles of functioning, pros and cons and the opportunities which these brings. It also contains a description of the basic concepts associated with organizational architecture such as globalization, multinational companies and organizatio...

  6. Strategy Assessment of Company ECOPOSTES

    Cortazar Sanabria, Javier Mauricio


    This thesis focuses on developing a research on the different types of strategies a company can implement depending on their situation and the various analyses that must be completed before making the strategy decision. External and internal environment methods are described together with the various forms of corporate restructure methods a company can use if needed. The whole process is followed step by step to provide a strategy assessment to company Ecopostes, a Colombian company focused o...




    Full Text Available In the article there were presented chosen issues of quality management. Important role of information and work processes in companies were emphasized . Based on eight rules of quality management, TQM standards and ideas of discipline pioneers like Deming, Juran, Crosby and Shewart, author has constructed way of using chosen rules and assumptions to company`s information circulation. Analogy, suggested by author, has not only emphasized importance of information as a company`s resource, but also has pointed to possibility of improving ways of managing this information.

  8. National companies : performance, ventures, utility

    Didier, F.


    The author shows how a performing National Company can efficiently contribute, in line with the producing State, to the negotiation with International Companies and the success of large oil ventures contemplated by reserves-short countries. Fully entrepreneurial, the National Company will usefully ''explore'' touchy matters, and bring closer national rationale and petroleum rationale. (Author)

  9. Multilingualism in Companies: An Introduction

    Sherman, Tamah; Strubell, Miquel


    This thematic collection of four papers explores a number of perspectives on companies in which multiple languages are used. The "organisational" perspective concerns the question of how the presence of or demand for multiple languages in the company is managed--how companies are guided by national and other policies in regard to the use…

  10. Organizational architecture of multinational company

    Vrbová, Tereza


    The Bachelor's Thesis ,,Organizational architecture of multinational company" sets the target to analyse organizational structures used in multinational companies at present. In the teoretical section is briefly described development of this subject, basic concepts associated with organizational architecture such as globalization, multinational companies and organizational architecture. I also generalized main characteristics of organizational forms and describe their pros and cons. The pract...

  11. CSR in TSL companies



    Full Text Available TSL companies are characterized by high dynamics of an increase of incomes, and hence increased shipping. Owing to a rational policy in the area of the consolidation of production and distribution, they may boast of a better use of the means of transport. The purpose of this article is to present the activities in the area of the eco-friendly CSR aspect in the activities of TSL companies taking into consideration particularly logistic operators. The research methods used in the study include an analysis of secondary data, observations and comparative analyses. Road transport in the shipping structure comes first and it constitutes 84% of freights. In the year 2009, in Poland greenhouse gas emissions from road transport amounted to 42.5 million tons (4.84% of the EU member states and CO emissions were 41.9 million tons (analogically, 4.83% of environment pollutions in the European Union. This causes an emission of fumes into the atmosphere. The policy of sustainable development pursued by logistic operators under corporate social responsibility is a response to the abovementioned data. They take decisions concerning social and environmental aspects. The activities of TSL companies under CSR need to provide an answer to customer expectations and needs, and they have to cause an increase of competitiveness on the market. The selected four largest logistic operators conduct the following eco-friendly activities on the highest level: fume emission reports and the control of these emissions, transport of hazardous goods (ADR, voluntary services in the scope of environmental protection and cooperation with eco-friendly organizations. There are those activities which call for improvement: a limitation of the emission of fumes, waste management and sewage treatment policy.

  12. VUJE, Inc. Company mission


    VUJE is an engineering company that performs design, supply, implementation, research and training activities, particularly in the field of nuclear and conventional power generation. Our earlier research specialization in the field of nuclear power generation has gradually diversified into design and engineering activities during performing particular tasks. Nowadays we are able to provide all activities related to construction, operation, modernisation and finally termination of operation mainly of power generating facilities. Our objective is to offer complex, professional and quality solutions according to our customers' needs and thus assist to show real asset of nuclear energy generation. (author)

  13. Contribution of service companies

    Sole, L. M.; Cortes, A.


    The most influential aspect when choosing the model of contract between Client and Contractor relapses into the maturity reached by both parts. The service supplier will have to show his competence with his resume, not only technical, but also of actual actions concerning availability reliability, maintainability, security, environment and costs. That maturity may have been the reason why most of the service companies, of national scope, that carry out maintenance of nuclear power stations electricity and instrumentation nowadays, are present from the assembly and implementation phases of these nuclear power stations. (Author)

  14. The European Model Company Act

    Cleff, Evelyne Beatrix


    European Company Law regulation is currently undergoing a reform. These reforms raise a number of regulatory questions, such as what should be the aims of companies' legislation, and how these aims should best be met by regulation. Many of the reforms and discussions (both on EU and national level...... an increasing influence on the framing of company legislation, such as the choice between mandatory or default rules. This article introduces the project 'European Company Law and the choice of Regulatory Method' which is carried out in collaboration with the 'European Model Company Act Group'. The project aims...

  15. The storage location assignment problem: application in an agribusiness company

    Helton C. Gomes


    Full Text Available The goal of this work is propose an efficient storage scheme for a company in the agribusiness sector. The company studied herein is located in the Alto Paranaíba region of Minas Gerais, and exports coffee beans. Efficient storage can provide improvements in the use of space, operational resources, and staff time, as well as facilitating the order picking process. To accomplish this, the problem was mathematically modeled as a Storage Location Assignment Problem (SLAP, aimed at minimizing handling costs and maximizing space utilization and storage efficiency. The mathematical model using the company data was solved using the CPLEX solver, version 12.1. The results obtained were compared with the actual company scenario, and several advantages were observed.

  16. Company Profile: Selventa, Inc.

    Fryburg, David A; Latino, Louis J; Tagliamonte, John; Kenney, Renee D; Song, Diane H; Levine, Arnold J; de Graaf, David


    Selventa, Inc. (MA, USA) is a biomarker discovery company that enables personalized healthcare. Originally founded as Genstruct, Inc., Selventa has undergone significant evolution from a technology-based service provider to an active partner in the development of diagnostic tests, functioning as a molecular dashboard of disease activity using a unique platform. As part of that evolution, approximately 2 years ago the company was rebranded as Selventa to reflect its new identity and mission. The contributions to biomedical research by Selventa are based on in silico, reverse-engineering methods to determine biological causality. That is, given a set of in vitro or in vivo biological observations, which biological mechanisms can explain the measured results? Facilitated by a large and carefully curated knowledge base, these in silico methods generated new insights into the mechanisms driving a disease. As Selventa's methods would enable biomarker discovery and be directly applicable to generating novel diagnostics, the scientists at Selventa have focused on the development of predictive biomarkers of response in autoimmune and oncologic diseases. Selventa is presently building a portfolio of independent, as well as partnered, biomarker projects with the intention to create diagnostic tests that predict response to therapy.

  17. Global Infrastructure Investment, Competition,and the Japanese Companies

    新保, 博彦; シンポ, ヒロヒコ; Hirohiko, SHIMPO


    This paper discusses four infrastructure industries all of which are expected to grow rapidly in the 21st century: the electric power industry, the water industry, the railroad industry, and the aircraft and space development. First, this paper describes the general trends of the FDI in the four noted industries. Based on the above examinations, this paper investigates these industrial trends, focusing on specific companies in various countries. To investigate each individual company, this pa...

  18. Empresa: um espaço para a educação formalThe Company: a space for formal educationEmpresa: un espacio para la educación formal

    APRILE, Maria Rita


    Full Text Available RESUMOEste artigo aponta a presença das ações de educação formal no âmbito das empresas brasileiras, discutindo sua importância como uma das condições para definição de padrões de empregabilidade e de competitividade. Para tanto, destaca-se o peso das demandas oriundas no mundo do trabalho para a definição de programas e projetos que visam ampliar a escolaridade da força de trabalho, condição fundamental para o desenvolvimento das novas qualificações e competências profissionais requeridas.ABSTRACTThis article points the presence of the actions of formal education in the scope of the Brazilian companies, arguing its importance as one of the conditions with respect to definition of competitiveness and employability standards. For in such a way, it is distinguished the weight of the deriving demands in the world of the work for the definition of programs and projects that aim to extend the schooling of the work force, basic condition for the development of the new qualifications and required professional abilities.RESUMENEste artículo señala la presencia de las acciones de educación formal en el ámbito de las empresas brasileñas, discutiendo su importancia como una de las condiciones para la definición de modelos de empleabilidad y de competitividad. Para esto, se destaca el peso de las demandas provenientes del mundo del trabajo, en la definición de programas y proyectos que buscan ampliar la escolaridad de la fuerza de trabajo, condición fundamental para el desarrollo de las nuevas calificaciones y competencias profesionales requeridas.

  19. Service supply company experience

    Shouldice, S.P.


    The motivations for a small company to go international were reviewed, as well as the efforts required to identify markets compatible with what one has to offer. The variety of approaches taken to capitalize on the perceived opportunities were summarized. Motives for going international include minimization of risk by market diversification, revenue growth, and improved profitability where there is a run-up in demand. Getting started usually includes the following six steps: (1) selecting a target market, (2) interpreting market needs, (3) understanding local decision making, (4) deciding on a proposal, (5) seeking project financing, and (6) overcoming hurdles. Setting up shop also implies seeking market commitment, finding suitable long-term accommodation, finding suitable local workers, and exploring local sourcing for materials and equipment. Having a competitive advantage is essential to penetrating international markets. A cost advantage is the most valuable. Patience, persistence and perseverance were also identified as essential virtues

  20. Property company's sustainability goals.

    Ormsby, Kim


    In a keynote presentation on the second morning of this year's Healthcare Estates conference, Kim Ormsby (pictured), national corporate social responsibility (CSR) and sustainability manager at NHS Property Services, discussed how, as part of its broader goals of 'supporting the NHS in delivering clinical services', and 'helping to enhance the experience' of patients visiting its buildings, the organization would continue to pursue and embed in its activities sustainable policies wherever and whenever possible, encouraging both its staff and tenants to take a similar approach. In an informative address, she highlighted some of the key steps the property company had already taken to encourage a proactive approach. Echoing the sentiments of Day One keynote speaker, Julian Hartley (see pages 55-60), she argued that one of the fundamentals to success was wide-ranging staff engagement.

  1. A forward looking company

    Christian, David A.


    The article is an excerpt of an interview with David A. Christian, Senior Vice President-Nuclear and Chief Nuclear Officer, Dominion Generation conducted at NEI's Nuclear Energy Assembly in New Orleans, Louisiana on 13 May 2004. It highlights the company's energy diversity, and in particular, activities related to early-site permits and possible future plans for nuclear power plant development in the U.S. The interview touches on questions related to the Consortium (composed of Dominion, AECL Technologies, the U.S. subsidiary of AECL, Hatachi America and Bechtel Power Corp.) and the DOE financial support involved (approximately 50%) along with comments related to job impacts, energy security and climate change impacts, human resource issues (particularly about getting high school students interested in jobs related to the nuclear industry) and public policy. The interview ends with a discussion of investment interest and the state of standardization in the industry

  2. Measuring the Company Performance

    Ion Stancu


    Full Text Available According to the logics of the efficient capital investment, the management of the investment of the saving capital in the company’s assets must conclude, on the end of the financial year, with a plus ofreal value (NPV > 0. From this point of view, in this paper we suggest the usage of an investment valuationmodel for the assessment of the company managerial and technological performance. Supposing the book value is a proxy of the just value (of assets and operational results and supposing the capital cost iscorrectly estimated, we evaluate the company’s performance both by the net present value model, and also by the company’s ability to create a surplus of the invested capital (NPV >0.Our paper also aims to identify the performance of the financial breakeven point (for which NPV is at least equal to zero as the minimum acceptable level for the company’s activity. Under this critical sales point, the company goes through the undervaluation of shareholders fortune even if the company’s sales are greater than accounting breakeven point. The performance’s activity level is one which the managers recover and surpass the cost of capital, cost which stand for the normal activity benchmark.The risks of applying of our suggested model we support go down to the confidence of accounting data and of the cost of capital estimating. In spite all of this, the usage of a sensitivity analysis to search anaverage NPV would leads to the company’s performance valuation within investment logic with a high information power.

  3. Measuring the Company Performance

    Ion Stancu


    Full Text Available According to the logics of the efficient capital investment, the management of the investment of the saving capital in the company’s assets must conclude, on the end of the financial year, with a plus of real value (NPV > 0. From this point of view, in this paper we suggest the usage of an investment valuation model for the assessment of the company managerial and technological performance. Supposing the book value is a proxy of the just value (of assets and operational results and supposing the capital cost is correctly estimated, we evaluate the company’s performance both by the net present value model, and also by the company’s ability to create a surplus of the invested capital (NPV >0. Our paper also aims to identify the performance of the financial breakeven point (for which NPV is at least equal to zero as the minimum acceptable level for the company’s activity. Under this critical sales point, the company goes through the undervaluation of shareholders fortune even if the company’s sales are greater than accounting breakeven point. The performance’s activity level is one which the managers recover and surpass the cost of capital, cost which stand for the normal activity benchmark. The risks of applying of our suggested model we support go down to the confidence of accounting data and of the cost of capital estimating. In spite all of this, the usage of a sensitivity analysis to search an average NPV would leads to the company’s performance valuation within investment logic with a high information power.

  4. Company Secretaries: Their duties and powers


    Every company must have a company secretary. Their main role is to: carry out the directors’ instructions; help ensure that the company obeys the law and its own constitutional rules; and prepare and maintain the associated company documents.

  5. Modeling renewable energy company risk

    Sadorsky, Perry


    The renewable energy sector is one of the fastest growing components of the energy industry and along with this increased demand for renewable energy there has been an increase in investing and financing activities. The tradeoff between risk and return in the renewable energy sector is, however, precarious. Renewable energy companies are often among the riskiest types of companies to invest in and for this reason it is necessary to have a good understanding of the risk factors. This paper uses a variable beta model to investigate the determinants of renewable energy company risk. The empirical results show that company sales growth has a negative impact on company risk while oil price increases have a positive impact on company risk. When oil price returns are positive and moderate, increases in sales growth can offset the impact of oil price returns and this leads to lower systematic risk.

  6. Coomunication Culture in a company

    M V Korotitskaya


    Full Text Available The article substantiates the interconnections between the level of communicative culture in a company and the level of management, which shows the investment and financial attractiveness of the enterprise. The article reveals principles and methods of sociocommunicative technology, whose application positively affects the state of communicative culture of within a company. Application examples of these principles and methods in management of power grid companies in the Belgorod region are also given.

  7. Benchmarking in Mobarakeh Steel Company

    Sasan Ghasemi; Mohammad Nazemi; Mehran Nejati


    Benchmarking is considered as one of the most effective ways of improving performance in companies. Although benchmarking in business organizations is a relatively new concept and practice, it has rapidly gained acceptance worldwide. This paper introduces the benchmarking project conducted in Esfahan's Mobarakeh Steel Company, as the first systematic benchmarking project conducted in Iran. It aims to share the process deployed for the benchmarking project in this company and illustrate how th...

  8. Quality management in shipping companies

    Đergović Dragana M.


    Full Text Available As international business becomes more competitive, companies are finding that they need to work more effectively to stay in business. Quality assurance has become very important to the majority of production and service companies with international activity. Shipping companies were also required to implement a quality management system. The huge importance of safety in maritime transport operations resulted in the International Safety Management Code (ISM Code by the International Maritime Organization. The general management system principles embodied by the maritime ISM Code and generics ISO standards, have enabled their complementary application in establishing a quality management system in shipping companies, within a safety management system as its subset.

  9. Principles of European Company Law

    Werlauff, Erik


    The article focuses on how much we have in common in Europe within company law and its development, and on the principles which are the determining factors for the activities of European companies. The article shows that what we have in common greatly outweighs what divides us, and this is presen......The article focuses on how much we have in common in Europe within company law and its development, and on the principles which are the determining factors for the activities of European companies. The article shows that what we have in common greatly outweighs what divides us...

  10. Company profile VUJE



    At the present time the whole world realizes the serious need for energy for the preservation of perpetually sustainable development. A distinctive place in the life of modern society belongs to electric energy,its safe production and reliable delivery according high standards of quality. When our company was established 30 years ago, we assumed research and development challenges directly related to the safe, reliable and economical production of electric energy from nuclear power plants, as well as the elimination of potential negative influences on the environment and employees. During our existence, we have gradually expanded our activities and specializations. Our first job was ti train plant personnel. We trained specialists to meet the needs not only of (what was then) Czechoslovakia, but also of Germany and Hungary. Gradually, we also met the problems of processing and storing radioactive waste, maintaining the service-life of our equipment and deactivating and disposing of contaminated devices at the end their operating lives. Industry requirements and concerns led us to broaden our services in energy production to include renewable sources of energy. Our youngest division of activity deals with the distribution of hydro-electrical energy via the electric grid. By continually updating the specialized skills of our elmasil and by investing in the latest equipment, our challenges and operational issues in the energy sector. Responding to developmental trends and the requirements of our consumers, we have established a system of quality management, which complies with the ISO 9001 and 14001 standards certified by the LRQA Corporation of Great Britain. Throughout the years, our company has been consistently proving to the operators of power facilities, both in Slovakia and abroad, our viability and high, innovative potential, in recognition of this, in 2005, when we participated in the sixth EU Framework Programme in R and D, the Slovak Ministry of Education

  11. Company profile VUJE



    At the present time the whole world realizes the serious need for energy for the preservation of perpetually sustainable development. A distinctive place in the life of modern society belongs to electric energy,its safe production and reliable delivery according high standards of quality. When our company was established 30 years ago, we assumed research and development challenges directly related to the safe, reliable and economical production of electric energy from nuclear power plants, as well as the elimination of potential negative influences on the environment and employees. During our existence, we have gradually expanded our activities and specializations. Our first job was ti train plant personnel. We trained specialists to meet the needs not only of (what was then) Czechoslovakia, but also of Germany and Hungary. Gradually, we also met the problems of processing and storing radioactive waste, maintaining the service-life of our equipment and deactivating and disposing of contaminated devices at the end their operating lives. Industry requirements and concerns led use to broaden our services in energy production to include renewable sources of energy. Our youngest division of activity deals with the distribution of hydro-electrical energy via the electric grid. By continually updating the specialized skills of our employees and by investing in the latest equipment, our challenges and operational issues in the energy sector. Responding to developmental trends and the requirements of our consumers, we have established a system of quality management, which complies with the ISO 9001 and 14001 standards certified by the LRQA Corporation of Great Britain. Throughout the years, our company has been consistently proving to the operators of power facilities, both in Slovakia and abroad, our viability and high, innovative potential, in recognition of this, in 2005, when we participated in the sixth EU Framework Programme in R and D, the Slovak Ministry of

  12. Company Value Anatomy

    Luiz Nelson Guedes de Carvalho


    Full Text Available The seminal propositions by Modigliani and Miller started a new study area in modern finance theory. Over time, their basic assumptions were relaxed, to the extent that, nowadays, situations in which they can be fully applied, with consistent and satisfactory results, are rare. On the other hand, as this simple set of propositions became known worldwide and was easily applicable, it was adopted as a rule of thumb for general enterprise valuation. However, in situations without methodological bias, the resulting enterprise values obtained by traditional methodologies are abstruse and do not allow for the analysis and management of the individual values that make up the firm and own capital values. In order to avoid this kind of abstruseness in company valuation, this study theoretically deducts an alternative valuation methodology, which permits the identification of assets’ value independently of their financing; moreover, we identify the gain on debt value that the debt provides to the shareholders, the debt tax shield and the value loss of assets and tax shield due to the increase in shareholder risk because of the leverage capital structure.

  13. A research company in transition

    Hatcher, S.R.


    The role of Atomic Energy of Canada Ltd's Research Company is to perform the research, development, demonstration and marketing needed to apply nuclear sciences and their associated technologies for the maximum benefit of Canada. This article by its president, Dr S R Hatcher, describes the Research Company as it attempts to fulfil its mission in very altered circumstances. (Author)

  14. Oil companies and human rights

    Chandler, Geoffrey


    This article highlights the need for oil companies in the future to take into account human rights in corporate decision making. The influence oil companies can bring to bear on government violating human rights, excuses for not voicing condemnation of abuses, and the 1948 Universal Declaration of Human Rights are discussed. (UK)

  15. A strategy for company improvement.

    Howley, L


    Strategies based on the kaizen methodology are designed to continuously improve company performance without the need for large capital investments. This article looks at how one company used simple kaizen principles to its advantage, achieving 67% increase in productivity and 10% reduction in the standard cost of product.

  16. Company Development Through the Employees

    Møller, Niels; Hvenegaard, Hans; Limborg, Hans Jørgen


    Human Deveoplment and Working Life - Work for Welfare explores whether the development of human resources at company level can improve individuals' quality of life, companies' possibilities of development, and welfare and democracy in society. Chapter four documents the the proces and results...

  17. Environmental management system in companies

    Bonanno, C.


    The environmental management system, as the whole coordinated initiatives 'environmental oriented' introduced by companies in their organization, is discussed. Strategic weight that companies have to be present at the environmental management system is enlisted. Finally, the new professional figures of environmental technicians and environmental manager is discussed

  18. Organisational architectres of multinationale companies

    Křivanová, Jana


    At work I try to define a few concepts - globalization, multinational companies and organizational architecture. Should also bring the development and analyze the structures of multinational companies, and show their use in practice. Zoom in further development of organizational structures with regard to the global crisis.

  19. Responsibilities of Companies towards Employees

    Monray Marsellus Botha


    Full Text Available Central to company law is the promotion of corporate governance. An important question in company law still today is in whose interest the company should be managed. Corporate governance needs to address the entire span of responsibilities to stakeholders of the company such as customers, employees, shareholders, suppliers and the community at large. The promotion of human rights in the application of company law must also take place. This is extremely important given the significant role of enterprises within the social and economic life of the nation. The interests of various stakeholder groups in the context of the corporation as a "social institution" should be enhanced and protected. Because corporations are part of society and the community, like all of us, it is required of them to be socially responsible and have greater accountability to all stakeholders of the company. Although directors must act in the best interests of shareholders collectively they must also consider the interests of other stakeholders. Sustainable relationships with all the relevant stakeholders are thus important. The advancement of social justice is thus important to corporations in that they should take note of the Constitution, labour legislation and company law legislation when social justice issues are dealt with. Employees have become very important stakeholders of companies and their needs should be taken into account in the bigger corporate governance and social responsibility framework.

  20. Company's Data Security - Case Study

    Stera, Piotr

    This paper describes a computer network and data security problems in an existing company. Two main issues were pointed out: data loss protection and uncontrolled data copying. Security system was designed and implemented. The system consists of many dedicated programs. This system protect from data loss and detected unauthorized file copying from company's server by a dishonest employee.

  1. Gamification in a Consulting Company

    Blaauw, Frank; Bazylevska, L.; Aiello, M.


    Gamification refers to the use of game-design elements in a non-gaming context. The consulting company Capgemini has set up a rudimentary Gamification platform to help motivating the people to do extra work for the company in their spare time. In order to re- ward people for this effort, they can

  2. Reentering the Gravitational Fringe Field of the Solar System

    Fisher, P. C.

    A 1998 proposal to the National Aeronautics and Space Administration (NASA) described how to update an earlier proposal outline for an experiment involving a manned spacecraft that traveled to just outside the gravitational field of the solar system. The recent proposal briefly describes how to initiate a 25-year program to launch a seven-year mission. Very little thought has been given to astronomical/astrophysical investigations that might be carried out over seven years, but one or more generations of NASA's Terrestrial Planet Finder program might be included. Only a little serious thought has been given to how to reenter the solar system's gravitational fringe field, but access to several procedures and three-fold redundancy seems desirable. Some details of the proposed paper study will be given. Non-responsibility statement, from source document of calendar 1973. This document was prepared while the author was on an unpaid leave of absence from The Lockheed Missiles and Space Company (LMSC) of Palo Alto, California. The comments made herein are partly the results of experiments carried out over a number of years. For a portion of this time, both NASA and LMSC financed the author's space astronomy investigations. It may be that either or both these institutions may possess some proprietary rights to portions of the ideas and information presented. This work was supported by Ruffner Associates, Inc.

  3. Third European Company Survey: Workplace innovation in European companies

    Oeij, P.; Žiauberyté-Jakštiené, R.; Dhondt, S.; Corral, A.; Totterdill, P.; Preenen, P.


    Workplace innovation (WPI) is a developed and implemented practice or combination of practices which enables employees to participate in organisational change and renewal and hence improve the quality of working life and organisational performance. This report looks at reasons for enabling WPI, adoption and implementation, and impact on organisation and management, employees and employee representatives. The research is based on 51 companies identified in Eurofound’s third European Company Su...

  4. Fuel buyers guide: company data



    Four major listings relating to nuclear fuel services are provided. 1. A fuel buyer's guide listing companies under alphabetical order of country and giving addresses and an indication of the services offered. 2. A fuel buyers guide classifying companies in alphabetical order of the services offered. 3. A fuel and front end facility listing subdivided into companies involved in: uranium ore processing; uranium refining and conversion; enrichment; fuel fabrication; heavy water production; zirconium metal production; and zirconium tube production. 4. A fuel and front end facilities listing giving operators' addresses under alphabetical order of country. (UK)

  5. East India Company Logbooks - Images

    National Oceanic and Atmospheric Administration, Department of Commerce — This collection consists of images of 1,235 ship logbooks created during British East India Company voyages. Period of record 1786-1834, peaking in 1804. The...

  6. Business intelligence for insurance companies



    The current state and future trends for the world and domestic insurance markets are analyzed. The description of business intelligence methodology, tools and their practical implication for insurance companies are provided.


    A. Ignatiuk


    Full Text Available The current state and future trends for the world and domestic insurance markets are analyzed. The description of business intelligence methodology, tools and their practical implication for insurance companies are provided.

  8. International Companies in Fragile States

    Patey, Luke; Kragelund, Peter

    Denmark must not fail to promote corporate social responsibility in fragile states. International companies remain active in these environments, and often worsen rather than alleviate poor governance. Financial transparency and human rights initiatives offer the first step in ensuring...

  9. Introduction to Oryx Energy Company



    Oryx Energy is an international hydrocarbon exploration and production company with proved reserves approaching one billion equivalent barrels and assets of about $4 billion. The company's worldwide headquarters are in Dallas, Texas, and it has major interests in the US Gulf of Mexico where it is expanding into the Flex Trend area. By the end of the decade, however, the company expects that 50 percent of its total reserves will be in the fast-growing overseas arena. Its current interests include operations in the United Kingdom North Sea, Indonesia, Equador, Gabon and Australia. To exploit and increase these resources the company has investigated in horizontal drilling techniques and advanced computing facilities which have greatly improved its direct hydrocarbon indicator technology, three-dimensional seismic analysis and reservoir simulations. (UK)


    Andrej Kohont


    Full Text Available In this paper we study the relationship between the company and the leaders. We are interested what is characteristic of leadership in the best Slovenian companies. We used standardised employee questionnaire and data gathered in the Golden thread project. We observe the situation in these companies in the period between 2007 and 2014 to find out if there are any significant changes in leadership developments. Special attention in leadership observation is devoted to 1. The fundamental relationship between the company and the leaders, 2. The role and quality of leaders work, 3. Organizational culture, climate and relationships, 4. Entrepreneurship and innovation, 5. The quality of the working environment, 6. The personal growth and development and 7. Emotional commitment. The analysis represents an insight into current leadership situation and shows that the recent developments were heavily marked by the economic crisis, especially in 2009.

  11. Determinants of the company value

    Kamila Růžičková


    Full Text Available Today, there are many conceptions involving creation of the company value, as it is the main objective for the owners. However, there are still many companies interested primarily in the different company’s objectives and enhance its competitive position differently. The aim of the paper is to present and analyze the viewpoints of Czech and foreign specialists on the issue of company value creation. The paper provides the determination of factors positively influencing the company value, the description of their characteristics, and on the basis of a detailed academic discussion proposes conclusions. Attention is paid especially to the value drivers which are not recorded in the financial documents.The introduction of the paper gives a brief overview of the topic. The paper is divided into three main parts. The first part introduces the effective cost management. It clarifies the concept of the managerial accounting and explains its contribution to the creation of the company value. The second part deals with the external relationships of the company. It focuses on the buyer-supplier relationships and offers the detailed perspective on the specific issue of the agricultural companies and their competitiveness in relation to the land leases. The third part concentrates on the internal company environment, namely on the human capital potential and its effects on the value of the company. In the concluding part, the findings are summarized. Based on the results, the figure describing the determinants and generators of the company value is formed. This figure can be considered a systematic procedure how to create a company value.All findings are supported with the literature review e.g. Armstrong (2007, Fibírová and Šoljaková (2005, Marinič (2008, Petřík (2007 and Porter (2004. Within the paper elaboration, the analysis and synthesis as scientific methods were used for explanation of the experts’ points of view and then summed up as the

  12. Company Stock in Pension Funds

    Even, William E.; Macpherson, David


    This study examines several issues surrounding the tendency for some pension funds to invest in their own company’s stock. After reviewing the existing literature describing the benefits and costs of investing in company stock, the legislative environment surrounding company stock holdings is reviewed. Using data from Internal Revenue Service Form 5500 filings on the pension fund holdings of over 300,000 defined–contribution pension plans in the 1990s, we show that about one out of ten define...

  13. Benchmarking in Mobarakeh Steel Company

    Sasan Ghasemi


    Full Text Available Benchmarking is considered as one of the most effective ways of improving performance incompanies. Although benchmarking in business organizations is a relatively new concept and practice, ithas rapidly gained acceptance worldwide. This paper introduces the benchmarking project conducted in Esfahan’s Mobarakeh Steel Company, as the first systematic benchmarking project conducted in Iran. It aimsto share the process deployed for the benchmarking project in this company and illustrate how the projectsystematic implementation led to succes.

  14. Organizational culture in ICT companies

    Pilík, Tomáš


    This thesis deals with problematic of organizational culture with emphasis on organizational culture in ICT companies. Main goal of this thesis is to develop own framework for influencing organizational culture in ICT companies. The introductory part sums up an overview of definitions of culture and organizational culture in chronological order. Evaluation of definitions from the author's perspective is also part of the opening chapter. The main part of thesis focuses on proposing framework f...

  15. financial analysis of the company

    Pojerová, Jana


    The main goal of this bachelor thesis called "Company Financial Analysis" is to evaluate the financial situation of ZS Kosova Hora a.s. in the years 2005 2013 using standard methods of financial analysis. To achieve this goal horizontal and vertical analyses, ratio analysis, pyramidal decomposition of the ROE indicator and solvency and bankruptcy models have been used. In all these areas the selected company has been compared with a selected sample of other agricultural enterprises and its fi...


    Agnieszka Wójcik-Mazur; Karina Wieczorek


    The subject of this publication is the problem of distribution management, exemplified by Company X. The process has been defined by analysing the conditions necessary to satisfy prospects’ needs and create the market position of a business entity. The paper focuses on the basic features of distribution system and the character of distribution channels.The assessment of distribution management has been illustrated with an example of Company X. The subjects of interest are: the dynamics of ord...

  17. Communication Practices in Technology Companies.

    Casey, Ruth; Gallagher, Marc


    It is contended that the skills or competencies that are required of business graduates by technology companies, range from the ability to communicate complex information about global issues in ways that are accessible to and connect with the general public, to problem-solving and project-based interaction. This represents a shift in the type of communication practice that now characterises the technology company, with its main focus on “agile” frameworks of teamwork. This report examines the...

  18. Which Companies Benefit form Liberalization?

    Baghdasaryan, Delia; la Cour, Lisbeth; Schneider, Cédric


    Theoretical research shows that competition has positive effects on productivity, for companies that are initially efficient, but not for unproductive firms. Our empirical analysis on a panel data of Czech companies, years 1995–2004, confirms this result. In addition, our analysis shows that when...... economic reforms affect both domestic and foreign competition, controlling for domestic competition is crucial when assessing the impact of trade liberalization. Otherwise, the effect of trade liberalization on firm productivity is upward biased....

  19. Trade Companies and their Classification

    P. Tărchilă


    Full Text Available The Romanian legislation does not define anyhow the concept of companies. It was the merit of the doctrine, which attempted such a definition, starting usually from the provisions of the Civil Code, which in art. 1491 defines the civil society, for the purpose of the memorandum of the association1. For that matter, also in the specialized foreign doctrine (ex. the French doctrine companies are defined based on similar concepts, but standardized by the Civil Code. The two meanings that the company has to be regarded through, also explain the very specific legal matter, a matter of concepts resulting from understanding the concept of memorandum of association and the company-institution. Thus, the contractual conception, imposed by the development of the contract theory in the last century, explains the existence of the companies starting from the validity conditions imposed to any contract and from the contractual techniques that establish the relationships formed within the society (for example, the company management is based on a mandate contract under which the executive operates.

  20. National Security Space Launch Report


    Company Clayton Mowry, President, Arianespace Inc., North American—“Launch Solutions” Elon Musk , CEO and CTO, Space Exploration Technologies (SpaceX...technologies to the NASA Exploration Initiative (“…Moon, Mars and Beyond.”).1 EELV Technology Needs The Atlas V and Delta IV vehicles incorporate current... Mars and other destinations.” 46 National Security Space Launch Report Figure 6.1 U.S. Government Liquid Propulsion Rocket Investment, 1991–2005

  1. Analysis Of Employee Engagement And Company Performance

    Mekel, Peggy A.; Saerang, David P.E.; Silalahi, Immanuel Maradopan


    Employee could be a competitive advantage of a company if company manages its employees well. The success of a company could be seen from how a company manages their employees and engages their employees. Most of big companies put their employees in top priority in order to keep their top performance. These big companies manage their employees and try to engage their employees so that their employees could generate high performance. In this study, employee engagement is the factor to examine ...

  2. Human resource policy and Danish multinational companies

    Fleming, Daniel; Søborg, Henrik

    A study of Danish multinational companies' human resource policy in their subsidiaries in Malaysia and Singapore.The sample of companies consists of 8 Danish multinational companies with activities in both Malaysia and Singapore.......A study of Danish multinational companies' human resource policy in their subsidiaries in Malaysia and Singapore.The sample of companies consists of 8 Danish multinational companies with activities in both Malaysia and Singapore....

  3. The European Company : From a Swedish private company perspective

    Öster, Alexandra; Alm, Cecilia


    The development within the European Union is that we are heading towards a common internal market. The law has during the year become more harmo-nized within the Union in many areas. The company law within the European Union has become harmonized through several company law directives and the freedom of establishment, which is included in the EC Treaty. The aim of an internal market is about to be achieved, but there are still differences between the systems of law within the Member States. T...

  4. 26 CFR 1.831-1 - Tax on insurance companies (other than life or mutual), mutual marine insurance companies, and...


    ... mutual), mutual marine insurance companies, and mutual fire insurance companies issuing perpetual... companies (other than life or mutual), mutual marine insurance companies, and mutual fire insurance... insurance companies and mutual fire insurance companies exclusively issuing either perpetual policies, or...

  5. Logistics in Estonian business companies

    A. Kiisler


    Full Text Available The article describes logistics survey in Estonia carried out in 2007 as a part of the LogOnBaltic project. The level of logistics in Estonian manufacturing, trading and logistics companies is explored through logistics costs, performance indicators, outsourcing, ICT use and logistics self-estimation of the companies responded. Responses from 186 Estonian companies were gathered through a web-based survey (38% of manufacturing, 38% of trading and 24% of logistics sector. Logistics costs as the percentage of turnover make in average 13.8% in manufacturing and 13.3% in trading. Transportation and inventory carrying cost form around 70% of overall logistics costs. Considering the logistics indicators surveyed, Estonian companies show up with relatively low perfect order fulfillment rates, short customer order fulfillment cycles and effective management of cash flows. The most widely outsourced logistics function is international transportation followed by domestic transportation, freight forwarding and reverse logistics. By 2010, the outsourcing of IT systems in logistics followed by inventory management, warehousing and product customization is expected to increase more substantially. The awareness of logistics importance is still low among Estonian companies. Only 27–44% of those agree that logistics has a considerable impact on profitability, competitive advantage, top management or customer service level.

  6. Online Company-stakeholder Communication

    Eriksen, Rikke Augustinus; Morsing, Mette

    Based on a systematic data collection we study one of the first pioneering company-stakeholder communication campaigns in social media: the case of energy company Vattenfall A/S’s pan-European campaign ‘The Climate Manifesto’. Our findings challenge the general assumption, that stakeholder...... lacked between the company and stakeholders. Vattenfall was accused of green-washing, resulting in a communications crisis. Negative stakeholder reactions consisted of prejudiced and non-negotiable argumentation indicating that social media imposes new managerial challenges since communication processes...... technologies and we question to what extent social media serve the enhancement of improved understandings across corporate and civil society on CSR issues. This paper suggests that managers face a risk of the “double-edge of stakeholder communication” when incorporating social media into their CSR strategies...

  7. The oil companies in 1998

    Cueille, J.Ph.


    The drop in the price of crude oil has had a strong impact on oil companies earnings in 1998: for the first three-quarters, profits were down by an average 30 %. The performance levels attained by the refining-distribution activities, generally on a upwards trend, were not able to compensate for the sharp decrease in upstream earnings. Given these unfavorable circumstances, a number of companies are cutting back on capital investment projects. Unable to make further internal cost reductions on the same scale as before, oil companies are seeking to realize productivity gains through regional partnerships or large-scale mergers that, to some extent, could modify the traditional oil industry ranking

  8. Founders of share companies under the Ethiopian share company law

    This article explores the Commercial Code and other laws of Ethiopia regarding founders – who they are, liabilities and benefits - who are also called 'promoters' by many other company laws. To some extent, it also looks into the business practice based on documents like memorandum of associations, articles of ...

  9. Pro Forma Registration of Companies

    Werlauff, Erik


    The article analyses the view taken by Community law on companies' pro forma registration in another EU or EEA country. Community law recognises pro forma registration under company law, i.e. a brass plate is sufficient, whereas it does not recognise pro forma registration under tax law, i.......e. a brass plate is not sufficient. The article provides reasons for the differential treatment of the two contexts and clarifies the difference on the basis of the Hubbard criterion, in which it was ruled that the effectiveness of Community law cannot vary according to the various branches of national law....

  10. How to Analyze Company Using Social Network?

    Palus, Sebastian; Bródka, Piotr; Kazienko, Przemysław

    Every single company or institution wants to utilize its resources in the most efficient way. In order to do so they have to be have good structure. The new way to analyze company structure by utilizing existing within company natural social network and example of its usage on Enron company are presented in this paper.

  11. Four state companies are markedly different

    Aalund, L.R.


    The Journal continues its profiles of state owned oil companies with a return to the Persian Gulf, South America, and a first time look at the state oil company of Romania, one of Eastern Europe's most active and oldest producers. The government of Kazakhstan's activities are also covered in this report. These profiles detail the organization of the companies, with emphasis on upstream and downstream operations. Support functions, though essential to a company, are not covered in detail. Company projects and capabilities are only described in this report when necessary to put the company in perspective. Following are the profiles of state companies for Bahrain, Kuwait, Romania, and Venezuela

  12. Startup activities of established Finnish companies

    Saalasti, Sini


    Established companies have collaborated with startups for decades in order to enhance their capabilities in technology and innovation. However, in the recent years, the changes in the business environment have induced established companies to increase their collaboration with startups. Thus, startup activities of established companies have become a timely phenomenon. This study explores the startup activities of established companies by analyzing all the activity established companies conduct...

  13. Ergonomics Contributions to Company Strategies

    J. Dul (Jan); W.P. Neumann (Patrick)


    textabstractManagers usually associate ergonomics with occupational health and safety and related legislation, not with business performance. In many companies, these decision makers seem not to be positively motivated to apply ergonomics for reasons of improving health and safety. In order to

  14. Resensi Buku: The Living Company

    Ayu Chairina Laksmi


    Full Text Available Book ReviewJudul buku    : The Living CompanyPenulis    : Arie de GeusPengantar    : Peter M. SengePenerbit    : Harvard Business School PressTahun terbit    : 1997Tebal    : xiv + 214 hal

  15. Chinese Companies in the Netherlands

    Hong, T.M.; Pieke, F.N.; Stam, T.


    The rapid growth of Chinese investment in the Netherlands has been cause for both excitement and anxiety. Many of the companies and other investors are still unknown and the background and objectives of their investment often remain unclear. This research takes a close look at fourteen Chinese

  16. The Electric Company Writers' Notebook.

    Children's Television Workshop, New York, NY.

    This handbook outlines the curriculum objectives for the children's television program, "The Electric Company." The first portion of the text delineates strategies for teaching symbol/sound analysis, including units on blends, letter groups, and word structure. A second section addresses strategies for reading for meaning, including…

  17. Financial management for small companies

    Bruce Hansen; Jeff Palmer; Jeff Palmer


    The wood-products industry is characterized by many small manufacturers that lack the staff to compile and analyze information on their operations and investments. Two computer programs, FRAN and JEFFI, have been developed by the USDA Forest Service at Princeton, West Virginia,to help small companies better analyze and monitor current performance, and better evaluate...


    Petrică Stoica


    Full Text Available All organisations are primarily interested in maintaining and increasing intellectual capital assets, and knowledge management represents only a manner of supporting the satisfaction of this interest and of laying stress on this type of assets. A mistaken conception, according to which at the level of a company there is a finite knowledge store that can be “managed”, reflects nothing but the fact that, at the beginning, many companies have overlooked the general aim of their business. The intangible part is immaterial, difficult to describe, quantify and measure. The intangible asset has and creates value and that is why the evaluation of intellectual property does not represent a simple activity. From a modern viewpoint, organisational learning does not consist only in obtaining new knowledge, but also considers its employment in carrying out the activities of the company, and so it contributes to the generation of new knowledge. The success of companies depends on the personnel’s ability to understand, manipulate and develop information. In case of epistemic economy, the improvement of the innovation capacity, the creation of value and wealth are based on the division of knowledge.

  19. Orchestrating Company Development in SMEs

    Riis, Jens Ove


    Over a period of several years many companies undergo a transformation with signifi­cant improvement in performance. We have studied such a process in seven SMEs to achieve a better understanding of how the change process was initiated and orches­trated. A rather complex picture has emerged...

  20. Custom 3D Printers Revolutionize Space Supply Chain


    Under a series of SBIR contracts with Marshall Space Flight Center, start-up company Made In Space, located on the center's campus, developed a high-precision 3D printer capable of manufacturing items in microgravity. The company will soon have a printer installed on the International Space Station, altering the space supply chain. It will print supplies and tools for NASA, as well as nanosatellite shells and other items for public and private entities.

  1. 76 FR 30397 - Faribault Woolen Mill Company, Faribault, MN; Faribo Woolens, Inc., a Related Company of...


    ... Woolen Mill Company, Faribault, MN; Faribo Woolens, Inc., a Related Company of Faribault Woolen Mill... December 9, 2009, applicable to workers of Faribault Woolen Mill Company, Faribault, Minnesota. The notice... Mill Company, a retail outlet store for the subject firm, Faribault Woolen Mill Company. Accordingly...


    Silvia Cristea


    Full Text Available Our goal is to differentiate between the legal regime of the limited partnership and that of the unlimited company, by drawing a comparison between civil and special settlement in terms of the following criteria: definition, contributions, capital divisions, the Articles of Association, registration, management control, withdrawal/exclusion of a partner, dissolution/ liquidation. The opinions expressed in the chapter devoted to conclusions are relevant to Romanian and French Law as well.

  3. Predicting company growth using logistic regression and neural networks

    Marijana Zekić-Sušac


    Full Text Available The paper aims to establish an efficient model for predicting company growth by leveraging the strengths of logistic regression and neural networks. A real dataset of Croatian companies was used which described the relevant industry sector, financial ratios, income, and assets in the input space, with a dependent binomial variable indicating whether a company had high-growth if it had annualized growth in assets by more than 20% a year over a three-year period. Due to a large number of input variables, factor analysis was performed in the pre -processing stage in order to extract the most important input components. Building an efficient model with a high classification rate and explanatory ability required application of two data mining methods: logistic regression as a parametric and neural networks as a non -parametric method. The methods were tested on the models with and without variable reduction. The classification accuracy of the models was compared using statistical tests and ROC curves. The results showed that neural networks produce a significantly higher classification accuracy in the model when incorporating all available variables. The paper further discusses the advantages and disadvantages of both approaches, i.e. logistic regression and neural networks in modelling company growth. The suggested model is potentially of benefit to investors and economic policy makers as it provides support for recognizing companies with growth potential, especially during times of economic downturn.

  4. 78 FR 11638 - Michigan Consolidated Gas Company, DTE Gas Company, DTE Gas Company; Notice of Petition


    ... corporate name change from MichCon to DTE Gas, and pursuant to section 284.123 of the Commissions... Gas Company (DTE Gas) filed to institute a name change to both itself from MichCon to DTE Gas and to...

  5. Natural gas annual 1993 supplement: Company profiles


    The Natural Gas Annual provides information on the supply and disposition of natural gas to a wide audience including industry, consumers, Federal and State agencies, and educational institutions. This report, the Natural Gas Annual 1993 Supplement: Company Profiles, presents a detailed profile of 45 selected companies in the natural gas industry. The purpose of this report is to show the movement of natural gas through the various States served by the companies profiled. The companies in this report are interstate pipeline companies or local distribution companies (LDC`s). Interstate pipeline companies acquire gas supplies from company owned production, purchases from producers, and receipts for transportation for account of others. Pipeline systems, service area maps, company supply and disposition data are presented.

  6. Company Portfolios Answer the Question: What Do You Know about My Company?

    Watson, Michelle L.


    Job seekers can demonstrate their knowledge of a potential employer by developing a company portfolio. Elements include company history, mission, values, and goals; size and location(s); financial status; and recent changes in the company and industry. (SK)

  7. Royal Dutch Petroleum Company annual report 1992



    The Royal Dutch Petroleum Company has no operations of its own and virtually the whole of its income derives from its 60% interest in the companies known collectively as the Royal Dutch/Shell Group of Companies; the other 40% is owned by the Shell Transport and Trading Company, p.l.c. The company is engaged in the oil, natural gas, chemicals, coal and metals businesses throughout the world. The annual report summarises the year's results and analyses earnings in each industry segment. Financial statements for the year ended 31 December 1992 are presented. The Group companies' estimated net quantities of crude oil, natural gas and coal are given

  8. Happy oil companies; Heureux petroliers

    Maincent, G


    The decay of demand, the bad financial results of the first half of 2009 and the hypothetical depletion of reserves must not hide a reality: oil companies are passing through the economic crisis without much trouble. Even if profits have marked time in volume (-57% for BP, -65% for Shell..), the net margins have not significantly suffered and the available cash remains comfortable (14 billion euros for Total as an example). The perspectives offered by the new offshore sites (like Santos in Brazil) added to the fabulous promises of the Iraqi market where 'majors' can now make their come-back will be the key of success of oil companies. The overall exploration-production investments should start up again by the beginning of 2011. For the only offshore drilling domain, they should rise up by 32% during the 2009-2013 period which represents a sum of 367 billion dollars. (J.S.)

  9. ATLAS honours two Swiss companies


    On 18 June 2003, ATLAS presented awards to two Swiss companies, Cicorel SA and Isola Composites AG, the suppliers of the electrodes and the composite bars for the electromagnetic calorimeter. "Physicists' dreams could not become reality without industry's active participation and creativity", said Peter Jenni, ATLAS spokesman, congratulating two of the collaboration's suppliers, to which it presented awards on 18 June. Swiss quality was the order of the day, since the two companies, Cicorel SA and Isola Composites AG, which are both involved in the production of components for the electromagnetic calorimeter, are located in Switzerland's Jura region. "You have taken up and met a challenge that bordered on the impossible", added Peter Jenni. The suppliers who received the ATLAS award: Hans Wyss from Cicorel SA (left) and Constant Gentile from Isola Composites (right).Circorel SA produced enough electrodes to cover an entire football pitch. Each electrode, measuring 2 square metres, consists of three layers of...

  10. Safety in a Manufacturing Company

    Kopczewski Marian


    Full Text Available The safety systems include the functioning of the institutions of a state, central, and local government, businesses, and social organizations. Research in this discipline should contribute to the development of the theoretical foundations and systems of national and international security and operating systems in the area of technical safety. Technical safety engineering should deal with a design, build, operation, and decommissioning of technical measures in order to minimize the opportunities and the size of their negative impact on the environment, people, and the good of civilization. With this in mind, the main purpose of the research was to evaluate the safety of technical manufacturing company that uses a wide machine park. A plant manufacturing parts and components for automobiles was the audited company.

  11. Canadian company innovates dam repair



    Successful repair without any downtime, of the Sabana Yegua power and irrigation structure in the western Dominican Republic by Aquatic Sciences Ltd., a St. Catherine, Ontario-based underwater specialist company, is discussed. The structure was damaged by Hurricane George last when when rising water levels damaged a major valve in the control gate chamber. The repair strategy designed by Aquatic Sciences used a remotely operated vehicle with a mechanical arm for minor tasks which placed a specially-made plug into the inlet pipe. The work was completed in one week, saving the utility company a great deal of money by making it possible to make the repairs remotely in the gate chamber without having to drain the tunnel, as would have been necessary had the repair been completed manually. The remotely operated vehicles use a scanning sonar as well as light to find their way. They are particularly well adapted to work underwater under low-visibility conditions

  12. Best Practices in Brazilian Companies

    Catia dos Reis Machado


    Full Text Available Competitive intelligence (CI is a systematic and ethical collection, analysis, dissemination and management of information about the external environment that may affect the plans, decisions and operations of the organization. Knowledge management (KM can be seen as a tool to promote organizational knowledge through the use of activities designed to identify, create, store, share and use knowledge. Companies face a challenge in the era of knowledge, it is the extraction and management of knowledge produced by people in the organization. CI and KM combined generates organizational intelligence. The exploratory study, based on literature and multicase study, we sought to identify best practices in processes of CI and KM in Brazilian companies. We identified practices related to the CI design process, the stages of the CI, the use of networks, and knowledge management. We also identified, points of attention on the internal/external organizational environment.

  13. 12th Reinventing Space Conference


    The 2014 Reinventing Space conference presented a number of questions in the context of a constantly innovating space industry, from addressing the future of global cooperation, investigating the impact of cuts in US government spending on the private space sector, and probing the overall future of the commercial launch sector. Space tourism and new technology promise the revival of interest in space development (the Apollo Era was the first period of intense space activity and growth). The need to create dramatically lower cost, responsive and reliable launch systems and spacecraft has never been more vital. Advances in technology are allowing smaller and cheaper satellites to be orbited - from cubesats to nanosatellites to femtosatellites. Thanks to more efficient new launch possibilities, low cost access to space is becoming ever more achievable. Commercial companies and countries are targeting the industry with new funding. Organised by the British Interplanetary Society, the presentations at this confere...

  14. Marketing plan for company X

    Trishkina, Olga


    The aim of this master´s thesis is to make a structured marketing plan for company X, which provide tourism services in Finland. The thesis is done with qualitative method, which is the most suitable for marketing research, because it is mostly analyzing and description rather than statistical or numerical reports. In the theoretical part is studied secondary data of the topic, including research about marketing, marketing plan, customer relationship management, customers´ satisfaction a...

  15. Language management : in multinational companies

    Gundersen, Sigrid Louise


    The aim of the present thesis is to explain the concept of strategic language management and why this field of study deserves increased attention in international business. It is argued that Language Management deserves increased attention from business managers since language management may contribute to their firms' competitive advantage. A survey among Norwegian companies in Belgium was undertaken to assess the current situation of language issues. The survey results show that while employ...




    One Person Company (OPC) is a revolutionary concept that has been elaborately discussed in the Companies Act, 2013. It is one of the classifications of companies based on the number of persons. One Person Company (OPC) means a company which has only one individual as a member. Only natural-born citizens viz., small businessmen, entrepreneurs, artisans, weavers or traders among others can reap the benefits of One Person Company (OPC). Non-resident Indians cannot form an OPC. The shareholder sh...

  17. Evaluation of co-sourcing communications amongst international company and local public relations agencies (case company: company x)

    Yin, Ying


    The subject of the thesis is the evaluation of co-sourcing communications amongst international company and local public relations agencies, taking the company x as a case. It analyses the environment the co-sourcing PR agencies communicate with international clients, compares with the current communications the case company has, and comes up with practical suggestions for the company to have better cooperation with local agencies to achieve mutual benefits. The theoretical part consi...

  18. Information networks in the stock market based on the distance of the multi-attribute dimensions between listed companies

    Liu, Qian; Li, Huajiao; Liu, Xueyong; Jiang, Meihui


    In the stock market, there are widespread information connections between economic agents. Listed companies can obtain mutual information about investment decisions from common shareholders, and the extent of sharing information often determines the relationships between listed companies. Because different shareholder compositions and investment shares lead to different formations of the company's governance mechanisms, we map the investment relationships between shareholders to the multi-attribute dimensional spaces of the listed companies (each shareholder investment in a company is a company dimension). Then, we construct the listed company's information network based on co-shareholder relationships. The weights for the edges in the information network are measured with the Euclidean distance between the listed companies in the multi-attribute dimension space. We define two indices to analyze the information network's features. We conduct an empirical study that analyzes Chinese listed companies' information networks. The results from the analysis show that with the diversification and decentralization of shareholder investments, almost all Chinese listed companies exchanged information through common shareholder relationships, and there is a gradual reduction in information sharing capacity between listed companies that have common shareholders. This network analysis has benefits for risk management and portfolio investments.

  19. From space exploration to commercialisation

    Tkatchova, S.A.


    Space exploration has captured the imagination and dreams of many scientists, engineers and visionaries.The ISS is being built by five ISS partners; NASA, RSA, ESA, CSA and JAXA. ISS commercialisation is the process by which ISS products and services are sold to private companies, without

  20. Multinational Oil Companies and Corporate Social Responsibilities ...

    Niger Delta Region, Nigeria), the concept of corporate social responsibility must be fully imbibed by the multinational oil companies. Therefore, this study examines multinational oil companies and corporate social responsibilities with particular ...

  1. Financial performances of Romanian wood industry companies

    Fitim DEARI


    Full Text Available The purpose of this study is to analyze financial performances of 40 selected Romanian companies for the 2009-2013 period. The selected companies operate in the wood industry and we have used panel type data to perform a quantitative analysis. We have found that companies with higher total assets, current assets, average inventory and accounts receivables have higher sales. It seems larger companies with higher total and current assets (especially accounts receivable are more profitable than their counterparties. Similarly, larger companies with lower current assets, average inventory and accounts receivable have lower assets turnover. Companies with lower average inventory have higher ROA and assets turnover. Larger companies have more total and current assets, net profit, average inventory and accounts receivable than their counterparties, however they seem to display lower assets turnover and current to total assets ratio. Companies with higher current to total assets ratio have higher assets turnover and ROA.

  2. Natural gas annual 1992: Supplement: Company profiles


    The data for the Natural Gas Annual 1991 Supplement : Company Profiles are taken from Form EIA-176, (open quotes) Annual Report of Natural and Supplemental Gas Supply and Disposition (close quotes). Other sources include industry literature and corporate annual reports to shareholders. The companies appearing in this report are major interstate natural gas pipeline companies, large distribution companies, or combination companies with both pipeline and distribution operations. The report contains profiles of 45 corporate families. The profiles describe briefly each company, where it operates, and any important issues that the company faces. The purpose of this report is to show the movement of natural gas through the various States served by the 45 large companies profiled.

  3. Suggestion of Islamic Insurance Company Model

    Abdullah Ibrahim Nazal


    This study is one of very few studies which have investigated Islamic Insurance Companies as solution. It explained its operations also comparing with Traditional Insurance Companies and theoretical Islamic insurance models. As result to this study Islamic Insurance companies are profit organization. It helps Islamic banks but it costs customer to face expect risk. Islamic Insurance companies have many ways to get profits and consider all customers installments grants. Its operation gap comes...




    Full Text Available The presented paper deals with the importance of innovation manager in company. It analyses the actual state of definition of innovation manager in companies, it is dealing with their qualities and qualities of ideal innovation manager. The paper solves the placement of position of innovation manager into the company organization structure. It recommends the ideal placement of innovation manager position in the organization structure in company working in “Production, sale and operation of amusement and gaming technology”.

  5. Innovation manager and his position in company

    Kateřina Hrazdilová Bočková


    Full Text Available The presented paper deals with the importance of innovation manager in company. It analyses the actual state of definition of innovation manager in companies, it is dealing with their qualities and qualities of ideal innovation manager. The paper solves the placement of position of innovation manager into the company organization structure. It recommends the ideal placement of innovation manager position in the organization structure in company working in “Production, sale and operation of amusement and gaming technology”.

  6. Facebook marketing for a direct selling company

    Egeberg, Chenette


    The purpose of the thesis was to provide recommendations for how the studied company could improve their Facebook marketing activities. The company was the Danish subsidiary of an multinational direct selling company of health and beauty products. The following research questions were devised: 1) What are the constraints and challenges for LR Denmark’s facebook marketing as a subsidiary of a Multinational Corporation and as a Direct Selling Company? 2) How can LR Denmark improve the...

  7. Early stages of technology intensive companies

    Muhos, M. (Matti)


    Abstract This study aims to clarify the early development stages of technology intensive companies. The current literature does not offer an extensive review of stage perspectives for company growth – the overall picture of the field is somewhat vague. The evolution of this field remains unclear as well as the current state. Further, recent empirical stage models focusing on technology intensive companies have not been delineated. As companies move through their early stages, they face ev...

  8. Know your company - and its environment

    Skytte, Hans; Jørgensen, Betina


    How does a company perceive its environment and its role in its environment? What constitutes a company's identity, and how strong is this identity? Does it for instance manifest itself clearly in the company's actions, in its strategies and products? These are questions that Professor Hans Skytt...... asked in a project financed by the Norma and Frode Jacobsen Foundation....

  9. Biodiversity footprint of companies - Summary report

    Rooij, van W.; Arets, E.J.M.M.


    Companies are becoming increasingly aware of their impact on biodiversity and natural capital. This may result from their implicit dependence on natural capital, from increasingly more critical consumers, or from the genuine concern of company managers and owners. Consequently, companies have an

  10. Power companies international year book 1997



    The Power Companies International Yearbook covers around 250 major international power generating and distributing companies worldwide, giving a comprehensive overview of this dynamic global industry. Both publicly and privately owned companies are features. It details financial performance, ownership status, affiliated businesses, activities, operations, key personnel, type/capacity of generation, subsidiary activities and plans for diversification within and outside the global power sector. (Author)

  11. Vertical integration of HRD policy within companies

    Wognum, Ida


    This study concerns HRD policy making in companies. More specifically, it explores whether so-called vertical integration of HRD policy at different organizational levels occurs within companies. The study involved forty-four large companies in the industrial and the financial and commercial

  12. Analytical support management shipping company

    S.V. Tarasenko


    Full Text Available The article to determine areas of improvement of the economic analysis of the shipping companies tested, allowing to identify the problems of organization and methods, which are as follows: lack of regulation of economic analysis, unregulated and methods of economic analysis, using methods such as coefficient method, absolute differences method relative differences groupings balance method, while as factor analysis and correlation are ignored. Proved that today the priority targets of management that should be subject to economic analysis are: analysis of the efficiency of the fleet; analysis of the efficiency of transport services; analysis of the cost of transport services and costs; analysis of the efficiency of resource use.




    Full Text Available The role of corporate social responsibility has increased significantly nowadays. The studies conducted have shown that consumers are increasingly no longer interested only in buying good quality and reliable products, but they are also interested whether they were produced in a socially responsible manner. In the recent years investors have increasingly realised that investing in social responsibility regarding the social and environmental areas, greatly contributes to the growth of the internal and external image of management. This paper aims at presenting a number of interesting issues related to social responsibility manifested by the insurance companies.

  14. Training in nuclear engineering companies

    Perezagua, R. L.


    The importance of training is growing in all business areas and fields and especially in hi-tech companies like engineering firms. Nuclear projects are highly multidisciplinary and, even in the initial awarding and pre-construction phases, need to be staffed with personnel that is well-prepared and highly-qualified in areas that, in most cases, are not covered by university studies. This article examines the variables that influence the design of specific training for nuclear projects in engineering firms, along with new training technologies (e-learning) and new regulatory aspects (IS-12). (Author)

  15. Evaluating the Knowledge Assets of Innovative Companies

    Maen Al-Hawari


    Full Text Available Knowledge has long been recognised as a valuable resource for organisational growth and sustained competitive advantage, especially for organisations competing in an uncertain environment (Miller & Shamsie 1987. In the current post-industrial society, knowledge is recognised as a primary source of a company’s wealth. However knowledge assets are much more difficult to identify and measure than are the physical assets with which we are much more familiar. (Boisot 1998 As a company’s innovative capacity may be dependent upon its ability to take advantage of its knowledge assets, it is important to be able to identify and measure those assets. While large companies can afford extensive knowledge management projects, there is a acute need for a method by which managers in smaller organisations can easily and reliably locate, quantify and compare their knowledge assets in order to maximise their potential for innovation. The paper will begin with an overview of current thinking on the topic of Knowledge Management (KM. It will then introduce the three functions of the knowledge life cycle (Bhatt 2000, Tan 2000, the four modes of conversion between tacit and explicit knowledge (Nonaka 1995 and the five knowledge enablers (Von Krogh 2000. The research, reported here, aims to identify, from the literature, a set of knowledge elements that will give a balanced view of knowledge assets across the four modes and five enablers. An integrated model, which is the result of research to date by the authors, will then be defined. This model combines the functions of the knowledge life cycle and Nonaka’s knowledge creation spiral with the notion of I-Space, which has been used to classify information across three dimensions, to form a new model of K-Space, which can be used to classify the knowledge elements. The paper will present this model and discuss the appropriateness of a set of knowledge elements as a means of measuring the knowledge asset of an

  16. Narrative Accounting Practices in Indonesia Companies

    Inten Meutia


    Full Text Available This research aimed to reveal creative accounting practices in the form of narrative accounting occuring in companies in Indonesia. Using content analysis, this research analyzed the management discussion and analysis section in the annual report on the group of companies whose performance had increased and declined in several companies listed on the Indonesian Stock Exchange. This research finds that the narrative accounting practices are applied in these companies. The four methods of accounting narratives are found in both groups of companies. There are stressing the positive and downplaying the negative, baffling the readers, differential reporting, and attribution.


    H’oriya SOUIKI


    Full Text Available A business cluster is the merging of two businesses or more, under the authority of one company called the parent company; the companies under its control are called the affiliates. What raises the debate about business clustering is the contradiction that may appear, at first glance, in the modus operandi of this business cluster and the relationship existing between its structures, knowing that the affiliated company has a legal independent status, but is at the same time subordinate to the parent company and subject to its control. The absence of an independent and detailed legal text to organize the mysteries of this giant economic structure makes this debate more intense.

  18. 77 FR 20882 - Manning Grain Company; Acquisition and Operation Exemption; Fillmore Western Railway Company


    ... DEPARTMENT OF TRANSPORTATION Surface Transportation Board [Docket No. FD 35612] Manning Grain Company; Acquisition and Operation Exemption; Fillmore Western Railway Company Manning Grain Company (MGC... Docket No. FD 35607, Manning Rail, Inc.--Acquisition and Operation Exemption--Manning Grain Company...

  19. Regulating Listed Companies: Between Company Law and Financial Market Law in Danish Law

    Clausen, Nis Jul


    The article discusses different elements and aspects of the regulation of listed companies in particular whether such regulation should be placed in company law or in financial marked law.......The article discusses different elements and aspects of the regulation of listed companies in particular whether such regulation should be placed in company law or in financial marked law....

  20. 76 FR 58263 - Kenai Pipe Line Company; Tesoro Alaska Company; Tesoro Logistics Operations, LLC; Notice of...


    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. OR11-21-000] Kenai Pipe Line Company; Tesoro Alaska Company; Tesoro Logistics Operations, LLC; Notice of Request for Jurisdictional..., 2011, Kenai Pipe Line Company (KPL), Tesoro Alaska Company (Tesoro Alaska), and Tesoro Logistics, LLC...

  1. 78 FR 15053 - Simpson Lumber Company, LLC, Shelton, Washington; Simpson Lumber Company, LLC, Tacoma, Washington...


    ...,372B] Simpson Lumber Company, LLC, Shelton, Washington; Simpson Lumber Company, LLC, Tacoma, Washington; Simpson Lumber Company, LLC, Longview, Washington; Notice of Revised Determination on Reconsideration On... Reconsideration for the workers and former workers of Simpson Lumber Company, LLC, Shelton, Washington (TA-W-81...

  2. Finland's leading natural gas company



    The ownership structure of Finland's leading natural gas company, Gasum, changed fundamentally in 1999, and the company is now no longer a subsidiary of Fortum Corporation. 'Our new strong and broad ownership base will enable us to develop the natural gas business and pipeline network in Finland in response to the requirements of our Finnish customers', says Antero Jaennes, Gasum's Chairman and CEO, who stresses that Gasum is committed to remaining the leading developer of the Finnish natural gas market and the number-one gas supplier. Natural gas usage in Finland in 1999 totalled 3.9 billion m 3 (38.7 TWh), unchanged from 1998. Natural gas accounted for 11% of Finland's total primary energy need, as it did in 1998. The proportion of natural gas used in district heating rose by 2% to 36%, and moved down 2% in power generation to 10%. Industry's use of natural gas fell 1% to 17%. 75% of natural gas was used in combined heat and power (CHP) generation in industry and district heating. In 2000, Gasum expects to sell 4 billion m 3 of natural gas (40 TWh)

  3. 17 CFR 250.12 - Exemption of certain public utility companies from the definition of subsidiary companies of...


    ... utility companies from the definition of subsidiary companies of holding companies. 250.12 Section 250.12... REGULATIONS, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 Registration and General Exemptions § 250.12 Exemption of certain public utility companies from the definition of subsidiary companies of holding companies...

  4. Commercialization of solar space power

    Pant, Alok; Sera, Gary


    The objective of this research is to help U.S. companies commercialize renewable energy in India, with a special focus on solar energy. The National Aeronautics and Space Administration (NASA) Mid-Continent Technology Transfer Center (MCTTC) is working with ENTECH, Inc., a solar photovoltaic (SPV) systems manufacturer to form partnerships with Indian companies. MCTTC has conducted both secondary and primary market research and obtained travel funding to meet potential Indian partners face to face. MCTTC and ENTECH traveled to India during June 2-20, 1994, and visited New Delhi, Bombay, Pune and Calcutta. Meetings were held with several key government officials and premier Indian business houses and entrepreneurs in the area of solar energy. A firsthand knowledge of India's renewable energy industry was gained, and companies were qualified in terms of capabilities and commitment to the SPV business. The World Bank has awarded India with 280 million to commercialize renewable energies, including 55 million for SPV. There is a market in India for both small-scale (kW) and large SPV (MW) applications. Each U.S. company needs to form a joint venture with an Indian firm and let the latter identify the states and projects with the greatest business potential. Several big Indian companies and entrepreneurs are planning to enter the SPV business, and they currently are seeking foreign technology partners. Since the lager companies have adopted a more conservative approach, however, partnerships with entrepreneurs might offer the quickest route to market entry in India.


    Srđan Mladenović


    Full Text Available In the last twenty years, many companies have realized that the demands of the global market, including more demanding and receptive customers, have set new standards for production flexibility. Gradual reduction of mass production, characteristic of a large number of companies, has opened space for the introduction of a new system which focuses exclusively on the customer. The customer-oriented system was created with the idea that process optimization would lead to the production of a relatively cheap product, delivered on time and with the best possible quality. Such a system is achieved by applying the Lean Six Sigma concept. The aim of this paper is to identify all of the defects that occur as losses and complicate the process of production in order to achieve the Lean Six Sigma level in the Shinwon Company. The original data from the Shinwon company were identified, collected and analyzed, using the methods and tools of the Lean Six Sigma concept (Process Mapping, 5S audit, Pareto diagram, Ishikawa diagram, Seven basic wastes and SPC analysis, in order to present the effectiveness of the quality management system and to evaluate the possibility of its continuous improvement.

  6. No 2951. Proposal of law for the increase of the tax rate of oil companies profit

    Luca, L.


    The profits made in 2005 by oil companies is enormous and results from the important and continuous rise of the oil barrel price. However, this high price has led to an inflation of automotive and space heating fuel prices which has penalized the end-users. These end-users have also contributed in this way to the excellent financial results of oil companies. Therefore, this proposal of law aims at establishing a pay-back system to end-users as soon as the profits of oil companies exceed a given threshold. (J.S.)

  7. Neighborhood spaces

    D. C. Kent; Won Keun Min


    Neighborhood spaces, pretopological spaces, and closure spaces are topological space generalizations which can be characterized by means of their associated interior (or closure) operators. The category NBD of neighborhood spaces and continuous maps contains PRTOP as a bicoreflective subcategory and CLS as a bireflective subcategory, whereas TOP is bireflectively embedded in PRTOP and bicoreflectively embedded in CLS. Initial and final structures are described in these categories, and it is s...

  8. 17 CFR 270.3a-3 - Certain investment companies owned by companies which are not investment companies.


    ... the definition of the term “investment company” by section 3(b)(1) or 3(b)(2) of the Act (15 U.S.C... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Certain investment companies owned by companies which are not investment companies. 270.3a-3 Section 270.3a-3 Commodity and...

  9. Success factors of agricultural company

    Helena Chládková


    Full Text Available This paper focuses on developing a proposal to eliminate weaknesses in medium-sized farm and thus improving its market position. To determine the position of company’s products due to the competition, a BCG Matrix (Boston Consulting Group Matrix was used. Financial Ratio Analysis was used to identify company’s financial situation. With the help of the situational analysis of the company’s internal environment, success factors, strengths and weaknesses were defined. Further the proposals were designed to remove the selected weaknesses. In the farm was identified the following strengths: quality of managers, long-term and stable customer-supplier relationships, selling commodities at optimum moisture content and purity, the use of subsidies and high milk yield cows. A weakness was mainly breeding pigs, missing website, company profitability and obsolete buildings. Amongst others was suggested to create website for the farm.

  10. Company profile: Edison of Italy



    The energy subsidiary of the Montedison chemicals company (Ferruzzi Group), Edison is Italy's largest private sector electricity producer. Last year production amounted to 4.7 TWh, an increase of 8.2% on 1990, and at the end of June this year, total net production of 2.4 TWh was 14.8% higher than in the first half of 1991. Edison also ranks first in the Italian league of private sector hydrocarbons producers, its Edison Gas subsidiary controlling a group that has significant exploration and development interests. These are mainly in Italy where production amounted to 333m cubic metres of natural gas and 690,000 barrels of oil in the first half of the year. The recent acquisition of Deutsche Shell's Italian fields should allow Edison to reach 2bn cubic metres of gas production by 1996. (author)

  11. Facility design consideration for continuous mix production of class 1.3 propellant

    Williamson, K. L.; Schirk, P. G.


    In November of 1989, NASA awarded the Advanced Solid Rocket Motor (ASRM) contract to Lockheed Missiles and Space Company (LMSC) for production of advanced solid rocket motors using the continuous mix process. Aerojet ASRM division (AAD) was selected as the facility operator and RUST International Corporation provided the engineering, procurement, and construction management services. The continuous mix process mandates that the mix and cast facilities be 'close-coupled' along with the premix facilities, creating unique and challenging requirements for the facility designer. The classical approach to handling energetic materials-division into manageable quantities, segregation, and isolation-was not available due to these process requirements and quantities involved. This paper provides a description of the physical facilities, the continuous mix process, and discusses the monitoring and detection techniques used to mitigate hazards and prevent an incident.

  12. Crucial market demands and company competencies

    Jensen, Bjarne; Stacey, Julia


    More and more, it is acknowledged that a company's success depends on it being capable of complying with the market's demands and wishes. It is, however, not always obvious, how the individual company will be able to meet the market's demands. A recent MAPP study has investigated this topic...... and identified a number of central market demands, which Danish food companies are faced with. Moreover, the study has identified which competencies are required to meet these demands and have also looked at howsuccessful companies structure some of these competencies. The study takes its point of departure...... in a literature review of MAPP's research. Results show that there are 27 central market demands, retail and consumer demands that Danish companies ought to be able to live up to. The study has also identified which competencies food companies must possess to be able to meet market's demands. Results from three...

  13. Premium Forecasting of AN Insurance Company:

    Fouladvand, M. Ebrahim; Darooneh, Amir H.

    We present an analytical study of an insurance company. We model the company's performance on a statistical basis and evaluate the predicted annual income of the company in terms of insurance parameters namely the premium, the total number of insured, average loss claims etc. We restrict ourselves to a single insurance class the so-called automobile insurance. We show the existence of a crossover premium pc below which the company is operating at a loss. Above pc, we also give a detailed statistical analysis of the company's financial status and obtain the predicted profit along with the corresponding risk as well as ruin probability in terms of premium. Furthermore we obtain the optimal premium popt which maximizes the company's profit.

  14. Relocating a Company within the EU

    Werlauff, Erik


    This article analyses how a public or private limited company can be relocated in another EU country via establishment of a subsidiary in the second country, followed by a reverse vertical merger (the parent ceases to exist and the subsidiary is the continuing company). The consideration for the ...... for the merger is shares in the subsidiary, which can be effected by giving the parent company's shares in the subsidiary to the parent company's shareholders, but after the shares have taken a brief respite in the subsidiary as own shares......This article analyses how a public or private limited company can be relocated in another EU country via establishment of a subsidiary in the second country, followed by a reverse vertical merger (the parent ceases to exist and the subsidiary is the continuing company). The consideration...

  15. Sacred Space.

    Adelstein, Pamela


    A space can be sacred, providing those who inhabit a particular space with sense of transcendence-being connected to something greater than oneself. The sacredness may be inherent in the space, as for a religious institution or a serene place outdoors. Alternatively, a space may be made sacred by the people within it and events that occur there. As medical providers, we have the opportunity to create sacred space in our examination rooms and with our patient interactions. This sacred space can be healing to our patients and can bring us providers opportunities for increased connection, joy, and gratitude in our daily work.

  16. Sobolev spaces

    Adams, Robert A


    Sobolev Spaces presents an introduction to the theory of Sobolev Spaces and other related spaces of function, also to the imbedding characteristics of these spaces. This theory is widely used in pure and Applied Mathematics and in the Physical Sciences.This second edition of Adam''s ''classic'' reference text contains many additions and much modernizing and refining of material. The basic premise of the book remains unchanged: Sobolev Spaces is intended to provide a solid foundation in these spaces for graduate students and researchers alike.* Self-contained and accessible for readers in other disciplines.* Written at elementary level making it accessible to graduate students.

  17. Capital Structure of Internet Companies: Case Study

    Miglo, Anton; Liang, Shuting; Lee, Zhenting


    We analyze the financing decisions and capital structure of internet companies and relate observed findings to the common capital structure theories. Large internet companies usually have low debt and small internet companies have high debt. We find that the trade-off theory of capital structure, pecking order theory, market timing theory and other theories cannot individually explain a firm’s capital structure. However, they can compliment each other in describing some patterns of observed b...

  18. Business Alliances between Japanese and Taiwanese Companies

    シンポ, ヒロヒコ; Hirohiko, Shimpo


    In the beginning of the 21^st century, the Information and Communication Technology (ICT) revolution is steadily progressing to build a new social infrastructure. In this process, Taiwanese companies are becoming increasingly significant. This paper illuminates the entire image of Taiwanese companies centering on the electronics industry. Although there is little research on Taiwanese companies, there is still less on their financial condition and their corporate governance. This paper aims t...

  19. Analysis of Marketing communication of Diesel company

    Zvadová, Zuzana


    The main objective of this work is to highlight the specifics of marketing communications in the fashion industry on an example of a particular company, an Italian company Diesel. Theoretical knowledge of fashion marketing, management of fashion companies and the characteristics of the fashion market are applied to the brand Diesel. Marketing Communication is subject of analysis of individual campaigns and then summarized the common characteristics of the whole communication. Common features ...

  20. Financial management of the construction company

    Antosova, Karolina


    Full Text Available This paper informs about the financial management in the construction company. The work describes problems of the management, its tasks, goals, dependencies on the size of the construction company and progress in the construction production and also introduce topic of the risks in the construction business. Also controlling and reporting in the construction company together with basic tools are described in example of Metrostav a.s. in this work.

  1. Effect of Customer Satisfaction on Company Performance

    Petr Suchánek; Maria Králová


    The subject of this article is customer satisfaction and its impact on company performance through satisfaction with its products, including a comparison with the competition. Research was conducted in search of factors which affect customer satisfaction on the one hand and the performance of the company on the other hand. We constructed a model explaining what specific factors (affecting customer satisfaction) have an impact on the performance of a company. This model can help management to ...

  2. Challenges of growth in a network company

    Axani, Darrell Kirk


    Mark Engineering is a large network company facing challenges between growth and its small company feel. Small networks are rewarding for both individuals and companies. With growth, networks become cumbersome and costly to operate. Like effective teams, networks must remain small to be efficient. Growth tends to drive management to more traditional hierarchical structures, but such a move would undermine the value of a network organization. Strategy and market forces influence organizational...

  3. Assessment of Gender Balanced Policies across Companies

    Šrámová, Michaela


    The thesis aims to analyze the representation of women in the top management within companies in the Czech Republic and companies' approach towards gender diversity. Theoretical background is provided as an introduction to the topic. Terms leadership and leadership styles are defined. The thesis follows with gender leadership specifics and typical characteristics for the Czech Republic. The research part is based on the interviews with HR representatives conducted in five chosen companies. Ty...

  4. Offshore Companies and the Fiscal Paradise



    The present article introduces the reader in the problem of tax heaven and offshore companies. We tried to present, both positive and negative aspects of this problem. On one hand, this type of companies can help a multinational corporation in its economical and financial global projections, but, on the other hand, these companies can be use as extremely efficient instruments of tax evasion and money laundry

  5. The Limited Liability Company: An Analysis

    Wayne Wells; Gary Yoshimoto


    In recent years, businesses in many states have been given the opportunity to select a new form in which to conduct business called the limited liability company. This form provides the advantage of the personal liability protection of a corporation, while being taxed as a partnership. If most states create the limited liability company and current issues of uncertainty are favorably resolved, the limited liability company should become the most advantageous business form for most small and m...

  6. Effective Business Planning : Case Study: Company X

    Yakovleva, Yulia


    A business planning process plays one of the most important roles in a company. A business plan can either provide stablility and prosperity to a company or drastically worsen its state. Thus, the recommendations for efficient business plans are very useful for companies that have some difficulties with their perfomance. The thesis has a deductive approach, and the qualitative research method was chosen as primary data was collected through desk study and interviews. The secondary data wa...

  7. Strategic Analysis of the Air Astana Company

    Mansurova, Benazir


    The main goal of this bachelor thesis was the implementation of the strategic analysis and further formulation of strategic comments and recommendations for the Air Astana Company. This goal was reached by the identification of the strength and weaknesses of the company and opportunities and threats that can influence the company from the external environment. The work is divided into theoretical and practical parts. In the theoretical part was described the theory of strategic management, st...

  8. 12 CFR 5.35 - Bank service companies.


    .... (d) Definitions—(1) Bank service company means a corporation or limited liability company organized... liability company. (2) Limited liability company means any non-corporate company, partnership, trust, or..., obligation, or liability of the company solely by reason of being, or acting as, a member or manager of such...

  9. Performance evaluation of Central European companies

    Petr Fiala


    Full Text Available The paper presents a modelling approach for performance comparison of Central European companies on three levels: country, industry, and company. The approach is based on Data Envelopment Analysis and Analytic Hierarchy Process. The proposed model consists of two basic sections. The first section estimates the importance of selected industries in the countries, whereas the second section evaluates the performance of companies within industries. The results of both sections are synthesized and finally the country performance is estimated. The evaluation is based on the data set resulting from a survey of companies from selected industries.

  10. Valuating the Investment Efficiency of Distribution Companies

    M. Karajica


    Full Text Available The task of this study is to valuate the investment efficiency of distribution companies. Although a series of publications and studies has been dedicated to this topic, it is difficult to find a general consensus in defining the investment efficiency of a company. Nevertheless if we simplify an imaginary  company as a production unit in which a series of actions transforms inputs to outputs, efficiency can be understood as like an effort to achieve maximum value of the outputs together with minimum usage of inputs, where the inputs constitute investments by a company. The investment efficiency of a company can be measured by expressing the absolute values of selected inputs and outputs, a relative expression of inputs and outputs, and perhaps an expression of the difference between them. However, an examination of the efficiency of a certain company is impossible without a valuation of other companies. In view of the amount of benchmarking, it should be emphasized, that this study is dedicated to a certain category of benchmarking, which we may term investment benchmarking. This benchmarking can be defined as a comparison of companies in terms investment efficiency. The purpose of this comparison is not only to investigate levels of investment efficiency and to relate them to other companies from the same branch, but also to locate the greatest efficiency and indicate potential improvement. 




    Full Text Available Creating a company, maintaining market position and support its growth requires resources to ensure optimal deployment, development activities.. For best company must have equity because they represent a set of resources likely to provide future income streams. Choosing an optimal structure of capital is a strategic decision, which must be harmonized with the overall strategy of the firm. Through its funding policy, the company must ensure, at any time, the appropriate volume of foreign equity in relation to its needs. The decision for a particular capital structure the company should take into account a number of risks associated with indebtedness, risks that may offset or even cancel its positive effects.

  12. Starting a Chinese Sauce Company in Helsinki

    Shu, Bing; Shi, Jianan


    The thesis is about starting-up a Chinese sauce company in Helsinki. The introduction is about the history of Laoganma company and the missions of a branch company in Helsinki, as well as the aims of the project. The part about market research includes the current situation of Finnish sauce market and a SWOT analysis for a Finnish market entrance. Also, a successful case reflects the developed way for the company. Then, the price and location are defined in the thesis. Sales strategi...


    Lucia P. BLĂJUȚ


    Full Text Available This paper investigates the location decisions of foreign direct investments by the most important global multinational companies in Romania. The study covers the top 100 multinational companies, according to Fortune and underline that all of them have the headquarters location in the United States. In particular, this analysis presents the distribution of global companies based on the main industry and major economic sectors. The first company, from the rank 100, that invests in our country is Exxon Mobil (the number two on the list and has numerous projects in petroleum refining industry in many other countries, because energy sector is one of the most important ones in the global economy.

  14. Ethical and medical dilemmas of space tourism

    Marsh, Melinda

    Space tourism is an important new venture, however it raises several issues that must be addressed; namely, the medical implications associated with space flight and potential for ethical problems surrounding the safety of such travel. It seems highly likely that businesses involved in space tourism could find themselves liable for any passenger deaths or injuries, if they are found to have been negligent. This paper, therefore, discusses such issues as the medical facilities that need to be made available on board a space facility, and the companies' duty to disclose to potential passengers the risks associated with microgravity and the likelihood of space sickness, loss of bone density, disease, and pregnancy.

  15. Why job autonomy matters for young companies' performance: company maturity as a moderator between job autonomy and company performance

    Preenen, P.T.Y.; Howaldt, J.; Oeij, P.R.A.; Dhondt, S.; Kraan, K.O.; Jansen, E.


    Although the positive impact of job autonomy has been widely shown for individual-level employee outcomes, research on job autonomy and company-level outcomes has been surprisingly scarce. Therefore, among 3,311 companies in the Netherlands, we investigate the relationship between employees' job

  16. Company culture and human factor

    Rerucha, F.


    Human beings constitute an important factor for smooth operation and fulfilment of special safety requirements in the workplace environment of a nuclear power station. It is therefore important to carry out investigations and continual checks in order to prevent routine complacency of the employees, not only for their respective tasks but also with regard to the structure of the plant. Frantisek Rerucha reports on the investigation of procedural approaches, the methods thereby involved and the results obtained in the nuclear power station Dukovany. The investigation came to the conclusion that communication and information problems exist in many areas. The company goals are communicated inadequately, especially on the lower and middle levels, with the result that employees do not always comply exactly with the directives. On the other hand, the employees are often overstressed with additional, often useless, information. However, willingness to communicate is mostly absent, and the employees have a feeling that personal relationships in general tend to be unsatisfactory in the nuclear power station. Management personnel is experienced as highly qualified experts without qualifications for leadership. But the study came to the conclusion that communication on the operative sector functions very well, by virtue of a well-established personal network. (orig.) [de

  17. Light, distribution company in Brazil

    Meritet, S.


    Since the publication of the Roulet Report, Electricite de France (EDF), the French group is crossing tormented hours. Despite its good financial results in 2004 with a turnover of 46.9 Mds euros its debts are around 19.7 Mds euros and are mainly due to its international investments which were not all very profitable. The first source of concern remains the Latin America markets and more particularly the Brazilian one which recorded 1.6 Md euros of losses. The future of EDF investment in Brazil, through its acquisition of the distribution company, Light, is uncertain. Within a new electric power industry framework, after currency devaluation and a rationing, Light is now in a catastrophic financial situation. The last tariff revisions given by the Brazilian authorities and the economic characteristics of the concession put the distributor at the edge of the bankruptcy. This article presents the situation of EDF group and Light at the end of 2004. The main question is the future of the Brazilian distributor in general and more particularly within the French group EDF. (author)

  18. Southern company energy storage study :

    Ellison, James; Bhatnagar, Dhruv; Black, Clifton; Jenkins, Kip


    This study evaluates the business case for additional bulk electric energy storage in the Southern Company service territory for the year 2020. The model was used to examine how system operations are likely to change as additional storage is added. The storage resources were allowed to provide energy time shift, regulation reserve, and spinning reserve services. Several storage facilities, including pumped hydroelectric systems, flywheels, and bulk-scale batteries, were considered. These scenarios were tested against a range of sensitivities: three different natural gas price assumptions, a 15% decrease in coal-fired generation capacity, and a high renewable penetration (10% of total generation from wind energy). Only in the elevated natural gas price sensitivities did some of the additional bulk-scale storage projects appear justifiable on the basis of projected production cost savings. Enabling existing peak shaving hydroelectric plants to provide regulation and spinning reserve, however, is likely to provide savings that justify the project cost even at anticipated natural gas price levels. Transmission and distribution applications of storage were not examined in this study. Allowing new storage facilities to serve both bulk grid and transmission/distribution-level needs may provide for increased benefit streams, and thus make a stronger business case for additional storage.

  19. 33-Foot-Diameter Space Station Leading to Space Base


    This picture illustrates a concept of a 33-Foot-Diameter Space Station Leading to a Space Base. In-house work of the Marshall Space Flight Center, as well as a Phase B contract with the McDornel Douglas Astronautics Company, resulted in a preliminary design for a space station in 1969 and l970. The Marshall-McDonnel Douglas approach envisioned the use of two common modules as the core configuration of a 12-man space station. Each common module was 33 feet in diameter and 40 feet in length and provided the building blocks, not only for the space station, but also for a 50-man space base. Coupled together, the two modules would form a four-deck facility: two decks for laboratories and two decks for operations and living quarters. Zero-gravity would be the normal mode of operation, although the station would have an artificial gravity capability. This general-purpose orbital facility was to provide wide-ranging research capabilities. The design of the facility was driven by the need to accommodate a broad spectrum of activities in support of astronomy, astrophysics, aerospace medicine, biology, materials processing, space physics, and space manufacturing. To serve the needs of Earth observations, the station was to be placed in a 242-nautical-mile orbit at a 55-degree inclination. An Intermediate-21 vehicle (comprised of Saturn S-IC and S-II stages) would have launched the station in 1977.

  20. Born global companies: A case study about the internationalization behaviours of Portuguese companies

    Carlos, Diogo Miguel Pais Grou Simões


    Portuguese Born Global Companies have been performing an important role in the Portuguese market, mainly due to their innovative ideas and the positive contribution to exportations. This study focuses on the international strategies of four of these companies, comparing them with four international Non-Born Global Companies, in qualitative analysis. It will be possible to see a preference by the Non-Born Global Companies over proximate cultural countries. By following opportunities instead...

  1. Design spaces


    Digital technologies and media are becoming increasingly embodied and entangled in the spaces and places at work and at home. However, our material environment is more than a geometric abstractions of space: it contains familiar places, social arenas for human action. For designers, the integration...... of digital technology with space poses new challenges that call for new approaches. Creative alternatives to traditional systems methodologies are called for when designers use digital media to create new possibilities for action in space. Design Spaces explores how design and media art can provide creative...... alternatives for integrating digital technology with space. Connecting practical design work with conceptual development and theorizing, art with technology, and usesr-centered methods with social sciences, Design Spaces provides a useful research paradigm for designing ubiquitous computing. This book...

  2. Why companies should value passionate leaders

    D. de Cremer (David)


    textabstractIn times of corporate scandals, companies have a strong motive to create ethical awareness among their employees and increase the effectiveness of fairness policies. Many companies agree with the idea that when establishing an ethical climate, the right type of leadership is needed.

  3. 76 FR 61689 - Sutton Hydroelectric Company, LLC


    ... Hydroelectric Company, LLC Notice of Site Visit On February 6, 2008, Sutton Hydroelectric Company, LLC (Sutton Hydroelectric) filed a notice of intent and a preliminary application document to license its proposed Sutton Hydroelectric Project No. 12693. The project would be located at the U.S. Army Corps of Engineers' (Corps...

  4. Does Capital Structure Influence Company Profitability?

    Herciu Mihaela


    Full Text Available Every company has a different structure of balance sheet. Some of the companies have more liabilities than equity. Considering the industry or debt-to-equity ratio, the balance sheet structure affects the company profitability measured by DuPont system. The main objective of the paper is to analyze the structure of balance sheet and to identify some optimal levels in order to increase company profitability. The DuPont returns like ROA (return on assets and ROE (return on equity will be used to measure the company profitability, while the debt-to-equity ratio will be used as a measure (reflection of capital structure. The samples consist on the most profitable non-financial companies ranked in Fortune Global 500. The companies will be grouped in clusters (based on industry or debt-to-equity ratio in order to identify the signification of the correlation between the profit and the balance sheet structure. The main results of the paper refer to the company profitability that can be increased by using an optimal structure of liabilities and equity.

  5. Mobbing in Company: Levels and Typology

    Arnejčič Beno


    Full Text Available Background and purpose: The individual is exposed to ever more covert psychological violence or mobbing in workplace within companies. The aim of this study is to analyse the level and the types of psychological violence within a company in which the individual works in their daily lives.

  6. The Dutch private company: successfully relaunched?

    van der Elst, C.F.; Vermeulen, E.P.M.; De Cordt, Y.; Navez, E.J.


    This Chapter in a comparative book on private limited liability companies starts with an illustration of the former success of the Dutch limited liability company (BV). Next it addresses the competitive European legal environment within which the Dutch BV has to operate. The study shows how the

  7. Theoretical Basis Of The Company Competitiveness Assessment

    Vladimir Nikiforovich Belkin


    Full Text Available The article deals with the basic theoretical questions of the company competitiveness assessment. The state of modern economic thought on this issue is shown. The main factors of the company competitiveness are specified. A specific role of staff of an enterprise is revealed: on the one hand, it is a resource, on the other is a subject, resulting in productive movement all factors of competitiveness, i.e. the staff is a critical factor in the company competitiveness. The criterion of company competitiveness is proposed, on its basis, the concept of “competitive enterprise” is defined. The most well-known approaches for assessing the company competitiveness are analyzed. The author’s method of the company competitiveness assessment based on the dynamics of the integral index of competitiveness is provided. For those cases, when it is impossible to determine the proportion of products on the market, it is proposed to evaluate the company competitiveness on the profitability of its production. The article shows the experience in calculating of the company competitiveness on the proposed author’s methods.

  8. Linkage between company scores and stock returns

    Saban Celik


    Full Text Available Previous studies on company scores conducted at firm-level, generally concluded that there exists a positive relation between company scores and stock returns. Motivated by these studies, this study examines the relationship between company scores (Corporate Governance Score, Economic Score, Environmental Score, and Social Score and stock returns, both at portfolio-level analysis and firm-level cross-sectional regressions. In portfolio-level analysis, stocks are sorted based on each company scores and quintile portfolio are formed with different levels of company scores. Then, existence and significance of raw returns and risk-adjusted returns difference between portfolios with the extreme company scores (portfolio 10 and portfolio 1 is tested. In addition, firm-level cross-sectional regression is performed to examine the significance of company scores effects with control variables. While portfolio-level analysis results indicate that there is no significant relation between company scores and stock returns; firm-level analysis indicates that economic, environmental, and social scores have effect on stock returns, however, significance and direction of these effects change, depending on the included control variables in the cross-sectional regression.

  9. Parent Company Benefits from Reverse Knowledge Transfer

    Rabbiosi, Larissa; Santangelo, Grazia D.


    theory to theorize that subsidiary age is an important determinant of parent company benefits from RKT and that RKT from older subsidiaries is viewed as more beneficial to the parent company than RKT from younger subsidiaries. This relationship is negatively moderated by the use of acquisitions...

  10. Communication Needs of Fortune 500 Companies.

    Hagen, Suzanne J.

    Personnel directors of 42 Fortune 500 companies responded to a questionnaire designed to elicit information on (1) the predominant communication-related job titles in those companies, (2) which of those positions communication majors were qualified to fill, and (3) what academic preparations were most useful for such positions. All respondents…

  11. Valuation of international oil- and gas companies

    Osmundsen, Petter; Mohn, Klaus; Espedal, Harald; Loevaas, Kjell


    In Norway, stock exchange quotation of Statoil has led to increased interest in valuation of oil companies. This article goes through the theory of corporate valuation. Then it compares the theory with practice, where valuation largely is built on accounts-based indicators. Taking the oil companies as a case, the article describes and evaluates the valuation methods used by analysts and investment banks

  12. The legal status of engineering companies


    It is assumed that the carrying out of research, also in the nuclear field should be entrusted to engineering companies, especially when dealing with the setting up of technological structures. This paper considers the problems of the legal status of such companies under Italian legislation. (NEA) [fr

  13. 75 FR 6791 - Surety Companies Acceptable on Federal Bonds-Termination: Trinity Universal Insurance Company


    .... However, no new bonds should be accepted from this company, and bonds that are continuous in nature should... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Trinity Universal Insurance Company AGENCY: Financial Management Service, Fiscal Service...

  14. 75 FR 38188 - Surety Companies Acceptable on Federal Bonds-Termination: Stonebridge Casualty Insurance Company


    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service [NAIC 10952] Surety Companies Acceptable on Federal Bonds--Termination: Stonebridge Casualty Insurance Company AGENCY: Financial Management Service, Fiscal...

  15. 75 FR 81331 - Surety Companies Acceptable on Federal Bonds: Termination-Penn Millers Insurance Company


    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds: Termination--Penn Millers Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department...

  16. 77 FR 29472 - Surety Companies Acceptable on Federal Bonds-Termination: Atlantic Bonding Company, Inc.


    ... be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Atlantic Bonding Company, Inc. AGENCY: Financial Management Service, Fiscal Service, Department...

  17. 75 FR 33897 - Surety Companies Acceptable on Federal Bonds-Terminations: Commercial Alliance Insurance Company


    ... be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Terminations: Commercial Alliance Insurance Company AGENCY: Financial Management Service, Fiscal Service...

  18. 77 FR 42554 - Surety Companies Acceptable on Federal Bonds-Termination: Peerless Insurance Company (NAIC #24198)


    ... should be accepted from this company, and bonds that are continuous in nature should not be renewed. The... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Termination: Peerless Insurance Company (NAIC 24198) AGENCY: Financial Management Service, Fiscal Service...

  19. 75 FR 36153 - Surety Companies Acceptable on Federal Bonds-Terminations: Victore Insurance Company


    ... from this company, and bonds that are continuous in nature should not be renewed. The Circular may be... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds--Terminations: Victore Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department of the...

  20. 78 FR 62616 - Salmon Creek Hydroelectric Company, Salmon Creek Hydroelectric Company, LLC; Notice of Transfer...


    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Project No. 3730-005] Salmon Creek Hydroelectric Company, Salmon Creek Hydroelectric Company, LLC; Notice of Transfer of Exemption 1. By letter filed September 23, 2013, Salmon Creek Hydroelectric Company informed the Commission that they have...

  1. Expatriation on the strategy of internationalized companies

    Shalimar Gallon


    Full Text Available This paper analyses the strategic role of the expatriation in the internationalization of the company. Expatriation should be minded as the result of a broader organizational strategy, representing one of the ways to articulate international and local strategies. A case study made on the Alpha Company has been presented in which 21 interviews were performed with professionals of the area and expatriates/repatriates. Alpha company has very emphasis in the world scenario and has a expatriation program of 12 years, nevertheless, has a lack of polices and more structured practices, due to its internationalization has been taken a larger dimension as the company was ready to deal with. It is pointed, however, that the same process have permitted several growing possibilities for professionals and the company as has presented many challenges to be overcome, like enhancement of the process training, repatriation planning, valorization and retention of the repatriate

  2. Social Capital, ICT Use and Company Performance

    Scupola, Ada; Steinfield, Charles; Lopez-Nicolas, Carolina


    to information and opportunity predicted company performance, particularly for small start-up companies. The pattern of results complements prior work that establishes the importance of social capital in regional business clusters by demonstrating how certain ICT uses complement personal relationships to enhance......This study explores how some uses of ICTs, as well as having social capital and other means of access to knowledge resources, are related to company performance in a knowledge-intensive business cluster. Data were collected through a survey of companies in the Medicon Valley biotech region located...... in Denmark and Southern Sweden. Responding companies included established producers of biotechnology-related products as well as small biotechnology start-up firms emphasizing research and development.  The results suggest that when ICT use was aimed at accessing and enhancing human and intellectual capital...

  3. Social Capital, ICT Use and Company Performance

    Steinfield, Charles; Scupola, Ada; López-Nicolás, Carolina


    to information and opportunity predicted company performance, particularly for small start-up companies. The pattern of results complements prior work that establishes the importance of social capital in regional business clusters by demonstrating how ICT use complements personal relationships to enhance......This study explores how some kinds of ICT uses, as well as social capital and other means of access to knowledge resources, are related to company performance in a knowledge-intensive business cluster. Data were collected through a survey of companies in the Medicon Valley biotech region located...... in Denmark and Southern Sweden. Responding companies included established producers of biotechnology-related products as well as small biotechnology start-up firms emphasizing research and development.  The results suggest that when ICT use was aimed at accessing and enhancing human and intellectual capital...

  4. Innovation Initiatives in Large Software Companies

    Edison, Henry; Wang, Xiaofeng; Jabangwe, Ronald


    empirical studies on innovation initiative in the context of large software companies. A total of 7 studies are conducted in the context of large software companies, which reported 5 types of initiatives: intrapreneurship, bootlegging, internal venture, spin-off and crowdsourcing. Our study offers three......Context: To keep the competitive advantage and adapt to changes in the market and technology, companies need to innovate in an organised, purposeful and systematic manner. However, due to their size and complexity, large companies tend to focus on the structure in maintaining their business, which...... can potentially lower their agility to innovate. Objective:The aims of this study are to provide an overview of the current research on innovation initiatives and to identify the challenges of implementing those initiatives in the context of large software companies. Method: The investigation...

  5. Approaches to training in companies

    Magnoler Patrizia


    Full Text Available The need to address generational change and the challenges of a global market in terms of maintaining productivity require small and medium enterprises, mainly of an artisanal nature, to rethink training. The challenges mainly concern production capacity, which is increasingly problematic given that demand does not allow for long-term schedules and enhancement of human resources. There are many tensions and just as many needs for improvement, and training is therefore the space in which to collect and rework in order to restore a new perspective of sustainable and quality change.

  6. Transforming Ontario's Power Generation Company

    Manley, J.; Epp, J.; Godsoe, P.C.


    The OPG Review Committee was formed by the Ontario Ministry of Energy to provide recommendations and advice on the future role of Ontario Power Generation Inc. (OPG) in the electricity sector. This report describes the future structure of OPG with reference to the appropriate corporate governance and senior management structure. It also discusses the potential refurbishing of the Pickering A nuclear generating Units 1, 2 and 3. The electricity system in Ontario is becoming increasingly fragile. The province relies heavily on electricity imports and the transmission system is being pushed to near capacity. Three nuclear generating units are out of service. The problems can be attributed to the fact that the electricity sector has been subjected to unpredictable policy changes for more than a decade, and that the largest electricity generator (OPG) has not been well governed. OPG has had frequent senior management change, accountability has been weak, and cost overruns have delayed the return to service of the Pickering nuclear power Unit 4. It was noted that the generating assets owned and operated by OPG are capable of providing more than 70 per cent of Ontario's electricity supply. Decisive action is needed now to avoid a potential supply shortage of about 5,000 to 7,000 megawatts by 2007. In its current state, OPG risks becoming a burden on ratepayers. Forty recommendations were presented, some of which suggest that OPG should become a rate-regulated commercial utility focused on running and maintaining its core generating assets. This would require that the government act as a shareholder, and the company operate like a commercial business. It was also emphasized that the market must be allowed to bring in new players. refs., tabs., figs

  7. Your company's secret change agents.

    Pascale, Richard Tanner; Sternin, Jerry


    Organizational change has traditionally come about through top-down initiatives such as hiring experts or importing best-of-breed practices. Such methods usually result in companywide rollouts of templates mandated from on high. These do little to get people excited. But within every organization, there are a few individuals who find unique ways to look at problems that seem impossible to solve. Although these change agents start out with the same tools and access to resources as their peers, they are able to see solutions where others do not. They find a way to bridge the divide between what is happening and what is possible. These positive deviants are the key, the authors believe, to a better way of creating organizational change. Your company can make the most of their methods by following six steps. In Step 1, Make the group the guru, the members of the community are engaged in the process of their own evolution. Step 2, Reframe through facts, entails restating the problem in a way that opens minds to new possibilities. Step 3, Make it safe to learn, involves creating an environment that supports innovative ideas. In Step 4, Make the problem concrete, the community combats abstraction by stating uncomfortable truths. In Step 5, Leverage social proof, the community looks to the larger society for examples of solutions that have worked in parallel situations. In Step 6, Confound the immune defense response, solutions are introduced organically from within the group in a way that promotes acceptance. Throughout the steps, the leader must suspend his or her traditional role in favor of more facilitatory practices. The positive-deviance approach has unearthed solutions to such complicated and diverse problems as malnutrition in Mali and human trafficking in East Java. This methodology can help solve even the most extreme dilemmas.

  8. Space Commercialization

    Martin, Gary L.


    A robust and competitive commercial space sector is vital to continued progress in space. The United States is committed to encouraging and facilitating the growth of a U.S. commercial space sector that supports U.S. needs, is globally competitive, and advances U.S. leadership in the generation of new markets and innovation-driven entrepreneurship. Energize competitive domestic industries to participate in global markets and advance the development of: satellite manufacturing; satellite-based services; space launch; terrestrial applications; and increased entrepreneurship. Purchase and use commercial space capabilities and services to the maximum practical extent Actively explore the use of inventive, nontraditional arrangements for acquiring commercial space goods and services to meet United States Government requirements, including measures such as public-private partnerships, . Refrain from conducting United States Government space activities that preclude, discourage, or compete with U.S. commercial space activities. Pursue potential opportunities for transferring routine, operational space functions to the commercial space sector where beneficial and cost-effective.

  9. Dual Space Technology Transfer

    Kowbel, W.; Loutfy, R.


    Over the past fifteen years, MER has had several NASA SBIR Phase II programs in the area of space technology, based upon carbon-carbon (C-C) composites. In addition, in November 2004, leading edges supplied by MER provided the enabling technology to reach a Mach 10 record for an air breathing engine on the X-43 A flight. The MER business model constitutes a spin-off of technologies initially by incubating in house, and ultimately creating spin-off stand alone companies. FMC was formed to provide for technology transfer in the area of fabrication of C-C composites. FMC has acquired ISO 9000 and AS9100 quality certifications. FMC is fabricating under AS9100 certification, flight parts for several flight programs. In addition, FMC is expanding the application of carbon-carbon composites to several critical military programs. In addition to space technology transfer to critical military programs, FMC is becoming the world leader in the commercial area of low-cost C-C composites for furnace fixtures. Market penetrations have been accomplished in North America, Europe and Asia. Low-cost, quick turn-around and excellent quality of FMC products paves the way to greatly increased sales. In addition, FMC is actively pursuing a joint venture with a new partner, near closure, to become the leading supplier of high temperature carbon based composites. In addition, several other spin-off companies such as TMC, FiC, Li-Tech and NMIC were formed by MER with a plethora of potential space applications.

  10. NASDA and the Space Industry in Japan

    Takamatsu, Hideo


    With over 30 years of history in space activities, Japan is now recognized as one of space powers in the world. Compared to other countries though, the features of Japanese space development are unique in several aspects. At first, its efforts are directed solely toward peaceful purposes and strictly separated from military uses. Secondly, there are many space related governmental agencies and institutes which are under supervision of different ministries. Thirdly, although the government budget is moderate and sales revenue of space industries is not so large, many large companies in aerospace or electronics industries see the importance of this business and compete each other mainly in the domestic market. NASDA, founded in 1969, is the largest governmental space organization and has played an important role in realizing practical applications of space activities. It has rapidly caught up the technology gap behind leading countries and has achieved remarkable successes with its own launch vehicles and satellites. Space industries, under the guidance of NASDA, have learned much from the U.S. companies and improved their technology levels and enjoyed steady growth during the early stage of Japanese space development. But before they became competitive enough in the world space business, the trade conflict between Japan and the U.S. made the procurement of Japanese non-R&D satellites open to the foreign satellite companies. Furthermore, interruptions of space activities due to recent successive failures of launch vehicles as well as Japanese economic slump have made space industries face hard situations. Under these circumstances, M&A of launch vehicle companies as well as satellite makers took place for the first time in Japanese aero-space history. Also at the government level, reorganization of space agencies is now under process. It is expected as a natural consequence of the merge of the Ministry of Education and the Science an Technology Agency, three space

  11. Reconstructing an economic space from a market metric

    Mendes, R. Vilela; Araújo, Tanya; Louçã, Francisco


    Using a metric related to the returns correlation, a method is proposed to reconstruct an economic space from the market data. A reduced subspace, associated to the systematic structure of the market, is identified and its dimension related to the number of terms in factor models. Example were worked out involving sets of companies from the DJIA and S&P500 indexes. Having a metric defined in the space of companies, network topology coefficients may be used to extract further information from ...

  12. Learning Spaces

    Falmagne, Jean-Claude


    Learning spaces offer a rigorous mathematical foundation for practical systems of educational technology. Learning spaces generalize partially ordered sets and are special cases of knowledge spaces. The various structures are investigated from the standpoints of combinatorial properties and stochastic processes. Leaning spaces have become the essential structures to be used in assessing students' competence of various topics. A practical example is offered by ALEKS, a Web-based, artificially intelligent assessment and learning system in mathematics and other scholarly fields. At the heart of A

  13. Venture capital and efficiency of portfolio companies

    A. Thillai Rajan


    Full Text Available Venture Capital (VC has emerged as the dominant source of finance for entrepreneurial and early stage businesses, and the Indian VC industry in particular has clocked the fastest growth rate globally. Academic literature reveals that VC funded companies show superior performance to non VC funded companies. However, given that venture capitalists (VCs select and fund only the best companies, how much credit can they take for the performance of the companies they fund? Do the inherent characteristics of the firm result in superior performance or do VCs contribute to the performance of the portfolio company after they have entered the firm? A panel that comprised VCs, an entrepreneur and an academic debated these and other research questions on the inter-relationships between VC funding and portfolio firm performance. Most empirical literature indicates that the value addition effect dominates the selection effect in accounting for the superior performance of VC funded companies. The panel discussion indicates that the context as well as the experience of the General Partners in the VC firms can influence the way VCs contribute to the efficiency of their portfolio companies.

  14. State oil companies have diverse strategies



    The Journal's series on state-owned oil companies continues with profiles on seven more companies which already are, or could be, important players in the international oil industry. The first part of this series appeared last August. It featured the world's producing giants. This installment shows that national oil companies are definitely not cut from the same mold and that they have diverse mandates from their countries or have developed unusual niches in the oil world. The objective of these profiles is not to fully cover the plans and performance of such companies. That is done regularly in weekly editions of OGJ. Rather, these articles are written by a team of experienced Journal editors to characterize the individual companies, describe their mandates and organization, and present some professional background information, when available, on those in top management with the hope of getting some insight into the corporate cultures. The companies covered come from Brazil, China, Finland, Japan, Norway, Oman, and Vietnam. In addition the article profiles Borealis Holding A/S, created from the merger of two state companies from Norway and Finland


    CRIVEANU Maria Magdalena


    Full Text Available The focus on studying the issue of change, migrated from the attention towards western countries, struggling with the growing spread of globalization, which affects all the changes in the environment, to the former socialist countries of Central and Eastern Europe, which have undergone dramatic changes since 1989. The most disturbing event was the transition from the centralized economy system to the market economy system, which led to a series of mutations at both psychological and organizational level. In this context, this article aims to identify both the dominant type of culture in the largest retail company in Romania and the dominant type of culture in other similar companies. This research project aims at studying the culture and its specificity within the company, but also its impact on society and on the organization. The issue at stake is a retail company in Romania, in which we tried to identify the dominant culture within the company and culture desired by its employees. We also conducted a parallel between the culture type identified in the Romanian company and the type of culture identified in other companies. The research results can be a starting point for the manager charged with change, as he can easily identify discrepancies between the dominant culture and culture desired by employees

  16. Marketing potential of industrial companies of Ukraine

    O.V. Oliynyk


    Full Text Available The article determines the essence of the marketing potential of the company as a part of improving the efficiency of the company’s activity forming a united mechanism along with industrial and financial subsystems. The components of the total potential of the company, the factors forming structure of the marketing potential of the company and the approaches to the evaluation of such a potential of the company are considered. It is determined that the marketing potential of the company integrates all the marketing resources, reserves and the possibility of their use, and the functioning as well as development of the system are subjected to the achievement of the main company’s goals. The differences in the interpretation of economic, market and marketing potential of the company are identified, although they are related to the subject of entrepreneurship, but they differ in their essence. The substantiation of the essence of marketing potential of the company, the development of an effective mechanism of its management with the possibility of evaluation will contribute to the maximum satisfaction of interests of information consumers’ groups, the formation of strategic directions of the activity, making management decisions at the micro level, the effective functioning in the internal and external markets.

  17. Disability as diversity in Fortune 100 companies.

    Ball, Phoebe; Monaco, Gregory; Schmeling, James; Schartz, Helen; Blanck, Peter


    To investigate the inclusion of people with disabilities in the diversity policies of the most successful businesses in the United States, we examined the publicly available workforce and supplier diversity policies of the top 100 companies on Fortune Magazine's 2003 list of the 500 most profitable companies in the nation. The majority of these companies have extensive information about their diversity policies and practices available on their corporate website. The information was used to categorize the policies into those that include people with disabilities, do not define diversity, and enumerate what is meant by diversity (e.g. in terms of race or gender) but do not expressly mention disability. In addition, we looked beyond the diversity policies to information available on corporate websites relating to a variety of diversity initiatives. Findings suggest that the majority of the companies that top the Fortune 500 list have developed and implemented diversity policies. Of these, 42% have diversity policies that include people with disabilities in the definition of a diverse workforce. Furthermore, 47% of companies with workplace diversity policies discuss diversity in a way that neither expressly includes nor excludes people with disabilities. Far fewer (15%) supplier diversity policies include disability in the definition of diversity, but a significant number of companies use criteria that allow a business owner with a disability to benefit from the company's supplier diversity program. 2005 John Wiley & Sons, Ltd.

  18. Absorptive capacity and smart companies

    Patricia Moro González


    Full Text Available Purpose: The current competitive environment is substantially modifying the organizations’ learning processes due to a global increase of available information allowing this to be transformed into knowledge. This opportunity has been exploited since the nineties by the tools of “Business Analytics” and “Business Intelligence” but, nevertheless, being integrated in the study of new organizational capacities engaged in the process of creating intelligence inside organizations is still an outstanding task. The review of the concept of absorptive capacity and a detailed study from the perspective of this new reality will be the main objective of study of this paper.Design/methodology/approach: By comparing classical absorptive capacity and absorptive capacity from the point of view of information management tools in each one of the three stages of the organizational learning cycle, some gaps of the former are overcome/fulfilled. The academic/bibliographical references provided in this paper have been obtained from ISI web of knowledge, Scopus and Dialnet data bases, supporting the state of affairs on absorptive capacity and thereafter filtering by "Business Intelligence" and "Business Analytics". Specialized websites and Business Schools` Publications there have also been included, crowning the content on information management tools used that are currently used in the strategic consulting.Findings: Our contribution to the literature is the development of "smart absorptive capacity". This is a new capacity emerging from the reformulation of the classical concept of absorptive capacity wherein some aspects of its definition that might have been omitted are emphasized. The result of this new approach is the creation of a new Theoretical Model of Organizational Intelligence, which aims to explain, within the framework of the Resources and Capabilities Theory, the competitive advantage achieved by the so-called smart companies

  19. Stock Performance of Socially Responsible Companies

    Huang Tzu-Man


    Full Text Available Every year Corporate Responsibility Magazine selects and ranks 100 companies on the basis of their corporate social responsibility. This study investigates the stock performance of socially responsible companies in the U.S. The monthly stock returns for these companies are analyzed and compared with the market performance, with the S&P 500 index designated as a proxy for the market. The empirical evidence suggests that these 100 companies outperform the market in their monthly stock returns. We also narrow down the number of companies selected to the top 75, 50, 25, and 10 firms. As we narrow down the companies selected, the difference between their returns and the market returns also narrows. In other words, a portfolio that includes all top 100 companies provides the best stock performance. We extend the analysis to long-term annual stock performance. We find that these socially responsible companies′ annual returns are higher than the market returns for up to seven years after they are listed. We also conduct the same analysis on the top 75, 50, 25, and 10 firms, respectively. Similarly, the larger the number of these top 100 companies, the greater the tendency to generate higher annual returns. We suspect that because the difference between the socially responsible companies′ average returns and the market returns is not dramatic, with a bigger population and thus a larger sample size, the difference becomes more significant. However, in practice, transaction costs must be considered. This study is limited in that it does not consider transaction costs. Nevertheless, we hope to shed some light on the issue of socially responsible companies′ stock performance to encourage companies to start thinking about the importance of corporate social responsibility.


    Ovidiu NICOLESCU


    Full Text Available In the knowledge-based economy, a company performs a set of activities focused on knowledge: identifying necessary knowledge, buying knowledge, learning, acquiring knowledge, creating knowledge, storing knowledge, sharing knowledge, using knowledge, protection of knowledge, capitalizing knowledge. As a result, a new function emerge: the knowledge function. In the knowledge-based companies, not every knowledge has the same impact. The analysis of the actual situations in the most developed and highly performing companies - based in knowledge, outlines the occurrence of a new category of knowledge – strategic knowledge. Generating this category of knowledge is a new category of challenge for the scientific system.

  1. Company Delistings from the UN Global Compact

    Knudsen, Jette Steen


    While a substantial amount of the literature describes corporate benefits of corporate social responsibility (CSR) initiatives, the literature is silent concerning why some companies announce CSR initiatives, yet fail to implement them. The article examines company delistings from the UN Global...... shows that companies are less likely to be delisted from countries where domestic governance institutions are well-functioning. To a lesser extent, I find that firms from countries with international economies are more willing to comply with the UN Global Compact requirements. Countries with a high...

  2. Falling R and D in oil companies

    Creusen, H.; Minne, B.


    During the last decade, the research expenditures of the 11 major oil companies and two specialised oil engineers have dropped worldwide. To explain this trend, this article points to an R and D race among the companies and to certain common expectations. The race is due to the absence of knowledge spillovers across the companies, because they need to keep their process innovations secret. Common expectations regarding the high risks of research for new energy sources leads to wait-and-see behaviour instead of own research. A small increase in research efficiency partly compensates for the drop in R and D

  3. An investigation into onshore captive insurance companies

    ME Le Roux


    Full Text Available Insurance provided by captive insurers is one of various forms of risk financing.  The nature and main types of captive insurance companies are discussed.  This is followed by the results of an empirical study that focused on South African onshore captive insurance companies.  The objectives in establishing and operating a captive insurer, the factors which determine the decision of the parent company to establish and operate a captive insurer and the future and usefulness of insurance provided by captive insurers are some of the aspects that are addressed.

  4. Applying Physics: Opportunities in Semiconductor Technology Companies

    Redinbo, Greg


    While many physicists practice in university settings, physics skills can also be applied outside the traditional academic track. ~Identifying these opportunities requires a clear understanding of how your physics training can be used in an industrial setting, understanding what challenges technology companies face, and identifying how your problem solving skills can be broadly applied in technology companies. ~In this talk I will highlight the common features of such companies, discuss what specific skills are useful for an industrial physicist, and explain roles (possibly unfamiliar) that may be available to you.

  5. Globalization and the marketing orientation of companies

    Aneta Oniszczuk-Jastrząbek


    Full Text Available The functioning of the enterprise in a constantly changing environ-ment means that companies should make the necessary transformation, meet challenges, and thus anticipate and shape the reality. Each company should be the instigator of continuous change, particularly innovative projects which success depends largely on the mobilization of all em-ployees for creative thinking, action and learning. Today, a company is considered as innovative and competitive, when it possesses the ability to use marketing in order to understand the market and results of scientific research, new concepts, ideas and inventions which are expected by consumers due to the high level of modernity.

  6. Marketing strategy of the selected company

    Vodstrčilová, Kateřina


    This bachelor thesis deals with the marketing strategy of the company Náš grunt, s.r.o., the operator of the farm food concept Náš grunt. The aim of the thesis is to analyse the marketing strategy of the company and to suggest possible improvements. The theoretical part of the thesis is focused on the marketing, the marketing process, the marketing strategy, the marketing mix and SWOT analysis. The practical part is based on the situation analysis and the marketing strategy of the company Náš...

  7. The Bat'a Company in Zlín: A Shoe Company or a School Company?

    Kasper, Tomáš; Kasperová, Dana


    The first part of the study focuses on the characteristics and analysis of Zlín as an example of a company town. Life in the company town is characterised as a means of forming 'a new man' in Bat'a's Zlín. The second section analyses the aims of worker education in Bat'a's Zlín (in the so-called Bat'a school of work) and highlights the methods and…

  8. 12 CFR 583.20 - Savings and loan holding company.


    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Savings and loan holding company. 583.20... REGULATIONS AFFECTING SAVINGS AND LOAN HOLDING COMPANIES § 583.20 Savings and loan holding company. The term savings and loan holding company means any company that directly or indirectly controls a savings...

  9. 75 FR 13168 - American Vantage Companies; Notice of Application


    ...] American Vantage Companies; Notice of Application March 11, 2010. AGENCY: Securities and Exchange... Investment Company Act of 1940 (the ``Act''). Summary of Application: American Vantage Companies requests an order declaring that it has ceased to be an investment company. Applicant: American Vantage Companies...

  10. Space Microbiology

    Horneck, Gerda; Klaus, David M.; Mancinelli, Rocco L.


    Summary: The responses of microorganisms (viruses, bacterial cells, bacterial and fungal spores, and lichens) to selected factors of space (microgravity, galactic cosmic radiation, solar UV radiation, and space vacuum) were determined in space and laboratory simulation experiments. In general, microorganisms tend to thrive in the space flight environment in terms of enhanced growth parameters and a demonstrated ability to proliferate in the presence of normally inhibitory levels of antibiotics. The mechanisms responsible for the observed biological responses, however, are not yet fully understood. A hypothesized interaction of microgravity with radiation-induced DNA repair processes was experimentally refuted. The survival of microorganisms in outer space was investigated to tackle questions on the upper boundary of the biosphere and on the likelihood of interplanetary transport of microorganisms. It was found that extraterrestrial solar UV radiation was the most deleterious factor of space. Among all organisms tested, only lichens (Rhizocarpon geographicum and Xanthoria elegans) maintained full viability after 2 weeks in outer space, whereas all other test systems were inactivated by orders of magnitude. Using optical filters and spores of Bacillus subtilis as a biological UV dosimeter, it was found that the current ozone layer reduces the biological effectiveness of solar UV by 3 orders of magnitude. If shielded against solar UV, spores of B. subtilis were capable of surviving in space for up to 6 years, especially if embedded in clay or meteorite powder (artificial meteorites). The data support the likelihood of interplanetary transfer of microorganisms within meteorites, the so-called lithopanspermia hypothesis. PMID:20197502

  11. Space psychology

    Parin, V. V.; Gorbov, F. D.; Kosmolinskiy, F. P.


    Psychological selection of astronauts considers mental responses and adaptation to the following space flight stress factors: (1) confinement in a small space; (2) changes in three dimensional orientation; (3) effects of altered gravity and weightlessness; (4) decrease in afferent nerve pulses; (5) a sensation of novelty and danger; and (6) a sense of separation from earth.

  12. Borel Spaces

    Berberian, S K


    A detailed exposition of G.W. Mackey's theory of Borel spaces (standard, substandard, analytic), based on results in Chapter 9 of Bourbaki's General Topology. Appended are five informal lectures on the subject (given at the CIMPA/ICPAM Summer School, Nice, 1986), sketching the connection between Borel spaces and representations of operator algebras.

  13. Space engineering

    Alexander, Harold L.


    Human productivity was studied for extravehicular tasks performed in microgravity, particularly including in-space assembly of truss structures and other large objects. Human factors research probed the anthropometric constraints imposed on microgravity task performance and the associated workstation design requirements. Anthropometric experiments included reach envelope tests conducted using the 3-D Acoustic Positioning System (3DAPS), which permitted measuring the range of reach possible for persons using foot restraints in neutral buoyancy, both with and without space suits. Much neutral buoyancy research was conducted using the support of water to simulate the weightlessness environment of space. It became clear over time that the anticipated EVA requirement associated with the Space Station and with in-space construction of interplanetary probes would heavily burden astronauts, and remotely operated robots (teleoperators) were increasingly considered to absorb the workload. Experience in human EVA productivity led naturally to teleoperation research into the remote performance of tasks through human controlled robots.

  14. Online Social Networks and the New Organizational Spaces

    Cintia Rodrigues de Oliveira Medeiros


    Full Text Available We analyzed the ‘virtuality’ of the social space and the boundaries of organizations from the emergence and dissemination of online social networking. The purpose is to identify how the use of social networks by 10 Brazilian companies enables the redefinition and expansion of organizational space. For the analysis of the data, we used the theory of social space of Lefebvre (2004, which defines three moments of space social production: the imagined space, the lived space and the perceived space. The methodological qualitative approach is done by document analysis from the websites of the companies. We show that the organizational space has new contours with the adoption of online social networks and we analyzed four spatial metaphors: the square, the museum, the temple and the market.


    Elena-Sabina HODOR


    Full Text Available Total Rewards Management is a subject of major importance for companies, because, by using models for this, firms can achieve their objectives of high performance. In order to analyse a validated total rewards model in Romanian Accounting and Consulting Companies, it is used The WorldatWork Total Rewards Model, which depict what contributes to applicant attraction and employee motivation and retention. Thus, the methodology of the previous survey is adjusted to the local context. The conclusions for the methodological aspects illustrate that the present research involves three strategic steps in order to achieve the objectives presented: the analysis of organizational environment of the companies from the sample, checking if Total Rewards Model proposed in the previous research is applicable for the same romanian companies from the previous survey, the analysing of the differences between results, and, if necessary, the adaptation of the model for Romania.

  16. IT support of commercial-production companies

    Hroch, A.


    Slovak electricity sector was built from sixties like common entity what can use synergic effects. In the 2002 reorganisation was done, there were created independent joint stock company. There were published new legislative acts, which opened Slovak electricity market for competition. The companies have to change their mine because a business is priority No. 1. Slovenske elektrarne, joint-stock company is under transformation process to build procedural guided trade-production company. As joint project is prepared a new system to control business in to a trading floor, including a risk management, which have to be supported by technological and information tools together with planing, scheduling, directing and controlling of the operation. The all system includes standard modules that fulfil their specific functions. (author)

  17. Transvaal Consolidated Land and Exploration Company, Limited

    Lawrence, R.S.


    The difficult economic circumstances with which almost the whole world had to contend, brought serious financial crisis in many countries. South Africa also had its own share of serious problems. Despite this situation, Transvaal Consolidated Land and Exploration Company, Limited, showed on increase in earnings of 24 per cent per share. The reason for this lies mainly in two areas. Firstly the company acquired the mining related business of Rand Mines, Limited. Included in the acquisition was a partfolio of shares mainly in the company's associated gold and uranium mining companies and additional shares in its listed coal mining subsidiaries. Secondly, the average gold price realised by producers in rand terms, was considerably higher than in the previous year. Consolidated profit attributable to members increased by 52 per cent to R82,6 million

  18. Emerging Market Multinational Companies and Internationalization

    Estrin, Saul; Nielsen, Bo B.; Nielsen, Sabina


    We develop a multilevel theoretical framework for investigating the role of home country urbanization for emerging market multinational companies' (EMNCs) international expansion. We propose that more urbanized home environments directly increase EMNC's proclivity to internationalize and moderate...

  19. Neuroscience within companies: some case studies

    Maria Emanuela Salati


    Full Text Available It is possible to understand many crucial processes within organizations such as change planning and management, training, decision making and leadership thanks to organisational neuroscience. For example, poorly managed change can result in alarm messages within our brains. Managers must be aware of how their words, emotions and conduct have a significant impact on team mood and results. Another fast-growing area of research is neuromarketing, thanks to company investments. This article presents a success story: a company that, faced with the need to change its selling proposition, uses neurometric techniques to analyse possible resistance of the sales force and then acted accordingly. Even training can significantly improve company efficiency thanks to neuroscience. This article also discusses some experiments carried out by the Training Department of a large public transport company.




    Full Text Available The methods used for the company valuation can be divided into 3 main groups: methods based on patrimony,methods based on financial performance, methods based both on patrimony and on performance. The companyvaluation methods based on patrimony are implemented taking into account the balance sheet or the financialstatement. The financial statement refers to that type of balance in which the assets are arranged according to liquidity,and the liabilities according to their financial maturity date. The patrimonial methods are based on the principle thatthe value of the company equals that of the patrimony it owns. From a legal point of view, the patrimony refers to allthe rights and obligations of a company. The valuation of companies based on their financial performance can be donein 3 ways: the return value, the yield value, the present value of the cash flows. The mixed methods depend both onpatrimony and on financial performance or can make use of other methods.

  1. Hawaiian Electric Company Demand Response Roadmap Project

    Levy, Roger [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Kiliccote, Sila [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)


    The objective of this project was to develop a “roadmap” to guide the Hawaiian Electric Company (HECO) demand response (DR) planning and implementation in support of the Hawaii Clean Energy Initiative (HCEI) 70% clean energy goal by 2030.

  2. Training for Information Management in a Company.

    Karivalo, Merja


    Argues that information resource management is an established philosophy that needs to be linked to human resources management and strategic planning in industrial companies. A training program for information management is presented, including training objectives, participants, contents, and structure. (CLB)

  3. Investment Company Series and Class Information

    Securities and Exchange Commission — The Series and Class Report provides basic identification information for all active registered investment company series and classes that have been issued IDs by...

  4. Emerging Market Multinational Companies and Internationalization

    Nielsen, Bo Bernhard; Estrin, Saul; Nielsen, Sabina


    This paper furthers our understanding of the role of contextual conditions influencing internationalization of emerging market multinational companies (EMNCs). We use resource-based, industrial organization, and economic development theories to develop a multilevel theoretical framework...

  5. Responsibilities of companies towards employees | Botha ...

    Responsibilities of companies towards employees. ... in the best interests of shareholders collectively they must also consider the interests of other stakeholders. ... The advancement of social justice is thus important to corporations in that they ...


    Gargalis PANAGIOTIS


    Full Text Available Capital structure is essential for the survival, growth and performance of a firm. There has been a growing interest worldwide in identifying the factors associated with debt leverage. This article aims to investigate the factors affecting the capital structure of companies listed on the Athens Stock Exchange (ASE. The data set used is composed of indicators reflecting the financial position and performance of 40 firms listed on the ASE in 2014. Using a regression model we estimate in what extent the financial structure of companies is affected by performance indicators and other specific factors like the field of activity or the size of the firms. The results obtained show an important influence of share of tangible assets in total assets of the company on the financial leverage, as main variable selected in order to reflect the capital structure of Greek companies.

  7. 26 CFR 1.831-3 - Tax on insurance companies (other than life or mutual), mutual marine insurance companies, mutual...


    ... mutual), mutual marine insurance companies, mutual fire insurance companies issuing perpetual policies, and mutual fire or flood insurance companies operating on the basis of premium deposits; taxable years... fire insurance companies issuing perpetual policies, and mutual fire or flood insurance companies...

  8. 17 CFR 210.3-18 - Special provisions as to registered management investment companies and companies required to be...


    ... registered management investment companies and companies required to be registered as management investment... Financial Statements § 210.3-18 Special provisions as to registered management investment companies and companies required to be registered as management investment companies. (a) For filings by registered...

  9. 78 FR 62614 - Guttman Energy, Inc., PBF Holding Company LLC v. Buckeye Pipe Line Company, L.P., Laurel Pipe...


    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. OR14-4-000] Guttman Energy, Inc., PBF Holding Company LLC v. Buckeye Pipe Line Company, L.P., Laurel Pipe Line Company, L.P... complaint against Buckeye Pipe Line Company L.P. and Laurel Pipe Line Company L.P. (Respondents) challenging...

  10. 78 FR 38309 - Northern Natural Gas Company; Southern Natural Gas Company, L.L.C.; Florida Gas Transmission...


    ... Natural Gas Company; Southern Natural Gas Company, L.L.C.; Florida Gas Transmission Company, LLC; Notice of Application Take notice that on June 4, 2013, Northern Natural Gas Company (Northern), 1111 South 103rd Street, Omaha, Nebraska 68124; on behalf of itself, Southern Natural Gas Company, L.L.C., and...

  11. Marketing Plan for a Case company

    Iadykina, Anastasiia; Pavlidi, Kiriaki


    The major objective of this thesis is composing a concise, reliable and useful marketing plan for a Phimiso - My Sushi Café. The necessity of implementing the marketing planning and document a marketing plan with an action program arose when the case company experienced the negative affect of poor concept with misleading message and way too wide expansion of the menu. All of the above lead to outflow of the customers and stagnancy of the company. The final document covers the traditi...

  12. The companies flock in, despite security concerns

    Quinlan, M.


    Despite security problems associated with Islamic militancy, international petroleum companies are now competing to invest in Algeria, following the government's rewriting of oil legislation. Increases in drilling, production and revenues are all expected to continue at present. The changes included the introduction of production-sharing contracts following a 15 year service only contract probation. This, combined with a change in royalty and income tax rates has made Algeria an attractive investment opportunity for petroleum companies. (UK)

  13. How to use innovations for company growth

    Melicharová, Kristýna


    The purpose of this paper is to identify the key characteristics of successful innovation, analyse the innovation process in Unilever and provide set of recommendations for the company. This paper addresses a key question of current business -- how to achieve growth of a company via innovation. The thesis is based on the already published research for identifying the best practices in dealing with innovation, survey with strategic innovation leaders in HHC Unilever, interviews with employees ...

  14. The CEA-Industrie Group of Companies


    The 1988 financial and technological status of the CEA-Industry Group of Companies is summarized. The activities, technological innovations, and areas of development perspectives of the CEA-Industry Group of Companies, chiefly concentrated in fields relating to nuclear energy, are described. The principal business sectors of the group involve nuclear fuel cycle, nuclear plants and maintenance, computer applications and life science. Some activities of the group are extended to management, construction and financial fields


    Ioana Ancuta Iancu


    Full Text Available When we think about promotion in financial investment services companies, we have to consider, not only the offline or traditional type of promotion (personal communication, advertising, sales promotion, public relations and organization identity but online promotion as well. Due to the fact that for more and more people, Internet represents the most important mean of communication, financial investment services companies marketing specialists have a variety of tools at hand. In this study we will describe the most important online promotion tools, like: E-mail Marketing, advertising, search engines, networks socialization, M-Marketing and promotion through web pages. Specific methods of online promotion enable real-time knowledge of the investor’s behavior and can also address to them most effectively. The purpose of this theoretical study is to increase the rate of knowledge and usage of online marketing, in a very conservatory sector of the financial market: Financial Investment Services Companies Marketing. By promoting online a company, a product or a service the marketing specialists can target specific customer, segments and quantify results, which is almost impossible on such a scale and with such precision by traditional methods of promotion. Based on the literature and our own experience, methods were taken up and adapted in financial investment services companies. We show the present state of online marketing, make proposals and describe difficulties which can be encountered when an e-marketing strategy is made. The conclusion of our study is that more and more companies use online tools in their marketing strategies. There is a change in attitude by the Financial Investment Services Companies web pages: from a reserved one in 2010 to one open to innovation in 2015; we believe that SSIF Broker is an illustrative example in this regard. Instead, our opinion is that Search Engine Optimization should be used more by SSIF Broker


    Mariana Man; Maria Nowicka-Skowron


    The ways of approaching the logistic problems need the use of some varied techniques and means, and the elaboration of a logistic project – which would aim the entire company – mobilises multiple personnel for a period of a few months and claims the intervention of logisticians within the logistic consultancy office, whom shall also act after putting the logistic project into practice. The accomplishment of any logistic wide change within the company needs an array of activities that may be g...

  17. Developing effective online marketing : Case: Company X

    Vanhanen, Hanna


    The Internet, new online services and social media have drastically changed people`s everyday life. Digitalization has refined one`s communication ways and also developed completely new marketing possibilities. Consumers and companies spend a significant amount of time online and use it to seek various information from companies and prod-ucts. Marketers have also acknowledged the online marketing potential as an effective marketing tool to reach current and potential customers. As online mark...

  18. Drug companies' evidence to justify advertising.

    Wade, V A; Mansfield, P R; McDonald, P J


    Ten international pharmaceutical companies were asked by letter to supply their best evidence in support of marketing claims for seventeen products. Fifteen replies were received. Seven replies cited a total of 67 references: 31 contained relevant original data and only 13 were controlled trials, all of which had serious methodological flaws. There were four reports of changes in advertising claims and one company ceased marketing nikethamide in the third world. Standards of evidence used to justify advertising claims are inadequate.

  19. Memorial 1997 - ENDESA (Chilean Electricity Company)


    This report provides a comprehensive survey, in depth assessment of the activities overview of ENDESA, Chilean Electricity Company, highlighting economical information and including historical and technical aspects. Economics is its focal point, but other relevant data are shown, like technical data on hydroelectric and thermoelectric power plants. Main activities developed by ENDESA are described, such in Chile as in the foreign. Data on power generation, transmission and transport are also presented and an economical balance of each colligated company are done and analysed

  20. Organigraphs: drawing how companies really work.

    Mintzberg, H; Van der Heyden, L


    Walk into any organization and you will get a snapshot of the company in action--people and products moving every which way. But ask for a picture of the company and you will be given the org chart, with its orderly little boxes showing just the names and titles of managers. Now there's a more revealing way to depict the people and operations within an organization--an approach called the organigraph. The organigraph is not a chart. It's a map that offers an overview of the company's functions and the ways that people organize themselves at work. Perhaps most important, an organigraph can help managers see untapped competitive opportunities. Drawing on the organigraphs they created for about a dozen companies, authors Mintzberg and Van der Heyden illustrate just how valuable a tool the organigraph is. For instance, one they created for Electrocomponents, a British distributor of electrical and mechanical items, led managers to a better understanding of the company's real expertise--business-to-business relationships. As a result of that insight, the company wisely decided to expand in Asia and to increase its Internet business. As one manager says, "It allowed the company to see all sorts of new possibilities." With traditional hierarchies vanishing and newfangled--and often quite complex--organizational forms taking their place, people are struggling to understand how their companies work. What parts connect to one another? How should processes and people come together? Whose ideas have to flow where? With their flexibility and realism, organigraphs give managers a new way to answer those questions.

  1. Tax optimization methods of international companies

    Černá, Kateřina


    This thesis is focusing on methods of tax optimization of international companies. These international concerns are endeavoring tax minimization. The disparity of the tax systems gives to these companies a possibility of profit and tax base shifting. At first this thesis compares the differences of tax optimization, aggressive tax planning and tax evasion. Among the areas of the optimization methods, which are described in this thesis, belongs tax residention, dividends, royalty payments, tra...

  2. Governance among Malaysian high performing companies

    Asri Marsidi


    Full Text Available Well performed companies have always been linked with effective governance which is generally reflected through effective board of directors. However many issues concerning the attributes for effective board of directors remained unresolved. Nowadays diversity has been perceived as able to influence the corporate performance due to the likelihood of meeting variety of needs and demands from diverse customers and clients. The study therefore aims to provide a fundamental understanding on governance among high performing companies in Malaysia.

  3. How Do Companies Use the Price Strategies

    赵亚男; 赵翠玲


    @@ 1 .Introduction With the development of the globalization, companies face many challenges.Pricing strategy is a part of their marketing efforts.Price is the only element in the marketing mix that produces revenues; all other elements re present cost.So pricing and price competition is the number-one problem facing many marketing executives.To select an initial price, companies should using pricing

  4. Career Planning Trends in Japanese Companies

    Firkola, Peter


    This paper provides an overview of career planning trends in Japanese companies. Research on career development in Japan is first reviewed. Career planning practices in Japanese companies are examined. Factors influencing career planning choice are then discussed. It was found that there appears to be a change occurring in the career planning practices, specifically the shifting of responsibility for an employees' career from the employer to the employee. (JEL Classifi-cation: M12, M54


    Lucia P. BLĂJUȚ


    This paper highlights the significant share of multinational companies in international trade that are a factor of developing global economies. In the context of economic globalization the activity of multinational companies and their foreign direct investment have a strong impact on the host country which presents advantages and disadvantages for them. The main objective of this article is the review of the important role played by multinationals in economic development, especially in develo...

  6. National Oil Companies: the view from Venezuela

    Rodriguez, M.


    National oil companies were key elements in the initial OPEC strategy and they brought a de-integration of oil industry. These companies have tried to move from crude marketing to product marketing through new investments at home and abroad in order to get higher value added and more secure markets for crude. Low prices bring new challenges. Venezuela's answers are strategic associations, operating contract for marginal fields and profit sharing agreements. (Author)




    This Research Study looks at various innovative marketing strategies used by our top most companies .Marketing strategies is a long term, forward looking approach to planning with the fundamental goal achieving a sustainable competitive advantage. Overall approach of this paper is to create a link between growth rate of companies and new marketing strategies. Good marketing is no accident, It is both an art and a science and it results from careful planning and execution using state-of-the-ar...

  8. How much cash does your company need?

    Passov, Richard


    In late 2001, the directors of Pfizer asked that very question. And with good reason. After its 2000 merger with rival Warner-Lambert, the New York-based pharmaceutical giant found itself sitting on a net cash position of $8 billion, which seemed extraordinarily conservative for a company whose products generated $30 billion in revenues. Most large companies with revenues that healthy would increase leverage, thereby unlocking tremendous value for shareholders. But knowledge-intensive companies like Pfizer, this author argues, are in a class apart. Because their largely intangible assets (like R&D) are highly volatile and cannot easily be valued, they are more vulnerable to financial distress than are firms with a preponderance of tangible assets. To insure against that risk, they need to maintain large positive cash balances. These companies' decisions to run large cash balances is one of the key reasons their shares sustain consistent premiums. Only by investing in their intangible assets can knowledge-based companies hope to preserve the value of those assets. A company that finds itself unable to do so because unfavorable market conditions reduce its operating cash flows will see its share price suffer almost as much as if it were to default on its debts. By the same token, with the right balance sheet, knowledge companies can profitably insure against the risk of failing to sustain value-added investments in difficult times. An optimal capital structure that calls for significant cash balances is certainly at odds with the results of a traditional capital structure analysis, the author demonstrates, but it explains the financial policies of many well-run companies, from Pfizer to Intel to ChevronTexaco.

  9. Job satisfaction at Company Teija Jousi Viikarit

    Grönlund, Mirka


    The objective of this study is to find out the level of job satisfaction in Company Teija Jousi Viikarit. One intention is to find out what the factors affecting employees’ job satisfaction are and how to increase the job satisfaction within these fields. Another intention is to provide for the case company a complete job satisfaction survey package, which they can use continuously to keep their employee satisfaction as high as possible. The theoretical framework was based on the factors of j...

  10. Patent portfolio structure for single technology companies

    Hartwell, Ian P.


    Single technology companies (STCs) are defined in this thesis as companies that (a) have the fundamental rights to a new technology, (b) have development of that technology as their core competence, (c) seek to exploit that technology primarily by licensing the patent rights, and (d) are driven primarily by 'technology push'. These factors often result in much of the value of the STC residing in its patent portfolio. This in turn may place significant - and often conflicting - ...

  11. Multinational Companies, Technology Spillovers, and Plant Survival

    Holger Görg; Eric Strobl


    This paper examines the effect of the presence of multinational companies on plant survival in the host country. We postulate that multinational companies can impact positively on plant survival through technology spillovers. We study the nature of the effect of multinationals using a Cox proportional hazard model which we estimate using plant level data for Irish manufacturing industries. Our results show that the presence of multinationals has a life enhancing effect only on indigenous plan...


    Vivian Toledo Santos Gambarato; Pâmela Gimenez Mateus; Renato Luiz Gambarato


    This work addressed the importance of knowledge management as a strategy for the survival of companies in the market. It have been shown the talent retention concepts, people management, intellectual capital and technologies related to knowledge management, in the view of several authors, in order to prove the importance of these issues can provide organizations. A survey of companies was performed, which showed part of your reality with respect to talent retention practice and...

  13. Motivation of workers in a particular company

    ŽÁKOVÁ, Lenka


    The aim of this work is to analyse the current system of motivation of employees in the chosen company following suggestions of changes and recommendations for improving management in this area. The theoretical part contents basic ideas of motivation and employee benefits. The practical part is based on an analysis of the company. The purpose of changes should be a more sophisticated and long-term motivation of employees. Proposals for better solutions in the field of employee motivation shou...

  14. The oil companies' move toward energy

    Burucoa, X.


    The oil companies have taken advantage of the deregulation of the energy market to extend their core business. By choice or by necessity, they are becoming multi-energy suppliers. Their level of investment in the renewable energy sector goes to show that the trend is a lasting one. The other energy sector companies, whether they are partners or competitors, cannot remain indifferent to this development

  15. Corporate Governance in Publicly Traded Canadian Companies

    Hu, Jie; Wang, Chong


    We investigate the effectiveness of corporate governance practices in this paper, focusing on the corporate governance practices implemented by TSX listed companies in Canada. We analyze the determinants of the effectiveness of corporate governance practices and test whether corporate governance mechanisms relate to quality of accounting earnings and company performance. We obtain mixed results from regression analyses indicating that corporate governance mechanisms are not significantly rela...

  16. Analysis of employee benefits in company

    Burda, Tomáš


    The main subject of Bachelor's Thesis called "Analysis of employee benefits in company" is to analyze system of employee benefits used in company Saint-Gobain Construction Products a.s. The theoretical part focuses on the meaning of employee benefits, their categorization, terms of tax legislation a trends. In the practical section of the work, the current state of employee benefits in the firm is discussed and reviewed. A survey was conducted to investigate the satisfaction of employees towa...

  17. Why Companies Fail? The Boiling Frog Syndrome

    Ozcan, Rasim


    Why nations fail? An answer is given by Acemoglu and Robinson (2012) by pointing out the importance of institutions for an economy that leads to innovations for economic growth. Christensen (2012) asks a similar question for a firm and diagnoses why companies fail. In this study, I relate Acemoglu and Robinson (2012) with Christensen (2012) in order to better understand how to make companies more prosperous, more powerful, healthier, and live longer via innovations.

  18. Space and Planetary Resources

    Abbud-Madrid, Angel


    The space and multitude of celestial bodies surrounding Earth hold a vast wealth of resources for a variety of space and terrestrial applications. The unlimited solar energy, vacuum, and low gravity in space, as well as the minerals, metals, water, atmospheric gases, and volatile elements on the Moon, asteroids, comets, and the inner and outer planets of the Solar System and their moons, constitute potential valuable resources for robotic and human space missions and for future use in our own planet. In the short term, these resources could be transformed into useful materials at the site where they are found to extend mission duration and to reduce the costly dependence from materials sent from Earth. Making propellants and human consumables from local resources can significantly reduce mission mass and cost, enabling longer stays and fueling transportation systems for use within and beyond the planetary surface. Use of finely grained soils and rocks can serve for habitat construction, radiation protection, solar cell fabrication, and food growth. The same material could also be used to develop repair and replacement capabilities using advanced manufacturing technologies. Following similar mining practices utilized for centuries on Earth, identifying, extracting, and utilizing extraterrestrial resources will enable further space exploration, while increasing commercial activities beyond our planet. In the long term, planetary resources and solar energy could also be brought to Earth if obtaining these resources locally prove to be no longer economically or environmentally acceptable. Throughout human history, resources have been the driving force for the exploration and settling of our planet. Similarly, extraterrestrial resources will make space the next destination in the quest for further exploration and expansion of our species. However, just like on Earth, not all challenges are scientific and technological. As private companies start working toward

  19. Marketing Communication Strategies of the Industrial Companies

    Wojciech Wodyński


    Full Text Available Industrial market, created by companies, which buy and sell goods which are not directly for consumption, but are used in production process, communicates with the environment in a specific way. Many industrial companies supply only the customers of non consumption goods market and hence they do not enter into direct contact with a final consumer. In such cases recognizing the customers needs is even more difficult. Such environment requires efficiently functioning and planned communication of the company with the market. This study presents methods and strategies of marketing communication really used in industrial companies. While analysing marketing strategies of industrial companies, the author draws the attention to the fact that even though there was system transformation, the state still has significant impact on functioning and development of industry and that in a way directs and created barriers in companies functioning. Such conditions force even more active marketing communication as well as searching new solutions. As there are more and more sophisticated marketing techniques related to digital media, there is also a growing demand for strategic solutions in marketing communication. Digital media, first of all the Internet, provide so far unavailable possibilities of researching consumers behaviours and ways of using media. They also give a chance to follow the behaviour of smaller, unique and often social groups of consumers.

  20. Enterprise Architecture in the Company Management Framework

    Bojinov Bojidar Violinov


    Full Text Available The study aims to explore the role and importance of the concept of enterprise architecture in modern company management. For this purpose it clarifies the nature, scope, components of the enterprise architecture and relationships within it using the Zachman model. Based on the critical analysis of works by leading scientists, there presented a definition of enterprise architecture as a general description of all elements of strategic management of the company combined with description of its organizational, functional and operational structure, including the relationship between all tangible and intangible resources essential for its normal functioning and development. This in turn enables IT enterprise architecture to be defined as a set of corporate IT resources (hardware, software and technology, their interconnection and integration within the overall architecture of the company, as well as their formal description, methods and tools for their modeling and management in order to achieve strategic business goals of the organization. In conclusion the article summarizes the significance and role of enterprise architecture for strategic management of the company in today’s digital economy. The study underlines the importance of an integrated multidisciplinary approach to the work of a contemporary company, and the need for adequate matching and alignment of IT with business priorities and objectives of the company.


    Nicu Ioana Elena


    Full Text Available One of the priorities of economic research has been and remains the re-evaluation of the notion of performance and especially exploring and finding some indicators that would reflect as accurately as possible the subtleties of the economic entity. The main purpose of this paper is to highlight the main company performance measurement and reporting methods. Performance is a concept that raises many question marks concerning the most accurate or the best method of reporting the performance at the company level. The research methodology has aimed at studying the Romanian and foreign specialized literature dealing with the analyzed field, studying magazines specialized on company performance measurement. If the financial performance measurement indicators are considered to offer an accurate image of the situation of the company, the modern approach through non-financial indicators offers a new perspective upon performance measurement, which is based on simplicity. In conclusion, after the theoretical study, I have noticed that the methods of performance measurement, reporting and interpretation are various, the opinions regarding the best performance measurement methods are contradictive and the companies prefer resorting to financial indicators that still play a more important role in the consolidation of the company performance measurement than the non-financial indicators do.

  2. Effect of Customer Satisfaction on Company Performance

    Petr Suchánek


    Full Text Available The subject of this article is customer satisfaction and its impact on company performance through satisfaction with its products, including a comparison with the competition. Research was conducted in search of factors which affect customer satisfaction on the one hand and the performance of the company on the other hand. We constructed a model explaining what specific factors (affecting customer satisfaction have an impact on the performance of a company. This model can help management to better run the business and achieve higher performance. The article is based on research that focused on companies in the food industry in Czech Republic and on their customers. First, we found the financial performance of surveyed companies (based on indicators ROA, ROE and assets turnover and on this basis they have been divided on companies efficient and inefficient. Furthermore factors were identified (based on previous research of authors that have an impact on customer satisfaction (among these factors include product quality, customer requirements for product, comparison with competitive products, etc.. With the use of non-parametric statistical methods, logistic regression and discriminant analysis was analyzed, what factors affecting customer satisfaction also affect business performance.

  3. Fostering Student Entrepreneurship and University Spinoff Companies

    Tony Bailetti


    Full Text Available A student spinoff company strives to transform knowledge acquired by students into an income-generating business. This article outlines how a university can increase the number of spinoff companies created by its student entrepreneurs. Student spinoff companies are of interest to all forward-thinking universities, particularly those that support research and teaching programs in the field of entrepreneurship. The spinoff companies provide tangible evidence that students acquire viable entrepreneurial skills while studying at the university. In addition, student spinoff companies contribute to regional economic development, commercialize knowledge that otherwise would go undeveloped, help universities attain and expand their core missions, and increase the return on the investments in university R&D. University policies developed specifically for student spinoff companies significantly affect the growth potential of such ventures. This article provides a model and a set of principles that universities can use to support and increase the number of student entrepreneurs at their institutions. The model and principles are grounded in research findings and practical experience. In addition, the article suggests that universities adopt a results-based management approach to plan and deploy initiatives to support student entrepreneurs. The approach is widely used by government agencies interested in increasing the outcomes from their investments.

  4. Organizational Diagnosis in Project-Based Companies

    Behrouz Zarei


    Full Text Available The purpose of this article is to develop a new method for corporate diagnosis (CD. To this end, a method is developed for the diagnosis process of project-based companies. The article presents a case study in a large company where data have been collected through focus groups. Project delay, high project cost, and low profitability are examples of project deficiency in project-based companies. Such issues have made managers pay special attention to find effective solutions to improve them. Prominent factors are inappropriate strategy, structure, system, human resource management, and PMBOK(Project Management Body of Knowledge processes. Thus, CD and analysis is an important task in improvement of corporate performance. The CD model that is developed in this article could be used for project-based companies. The proposed method can be used for CD in any project-based company. This article provides an emphatic application of CD as a prerequisite for restructuring in project-based companies.

  5. Space polypropulsion

    Kellett, B. J.; Griffin, D. K.; Bingham, R.; Campbell, R. N.; Forbes, A.; Michaelis, M. M.


    Hybrid space propulsion has been a feature of most space missions. Only the very early rocket propulsion experiments like the V2, employed a single form of propulsion. By the late fifties multi-staging was routine and the Space Shuttle employs three different kinds of fuel and rocket engines. During the development of chemical rockets, other forms of propulsion were being slowly tested, both theoretically and, relatively slowly, in practice. Rail and gas guns, ion engines, "slingshot" gravity assist, nuclear and solar power, tethers, solar sails have all seen some real applications. Yet the earliest type of non-chemical space propulsion to be thought of has never been attempted in space: laser and photon propulsion. The ideas of Eugen Saenger, Georgii Marx, Arthur Kantrowitz, Leik Myrabo, Claude Phipps and Robert Forward remain Earth-bound. In this paper we summarize the various forms of nonchemical propulsion and their results. We point out that missions beyond Saturn would benefit from a change of attitude to laser-propulsion as well as consideration of hybrid "polypropulsion" - which is to say using all the rocket "tools" available rather than possibly not the most appropriate. We conclude with three practical examples, two for the next decades and one for the next century; disposal of nuclear waste in space; a grand tour of the Jovian and Saturnian moons - with Huygens or Lunoxod type, landers; and eventually mankind's greatest space dream: robotic exploration of neighbouring planetary systems.

  6. 78 FR 59991 - Advisory Committee on Small and Emerging Companies


    ... public market capitalization (``smaller public companies'') through securities offerings, including private and limited offerings and initial and other public offerings; (2) Trading in the securities of emerging companies and smaller public companies; and (3) Public reporting and corporate governance...

  7. The Texas space flight liability act and efficient regulation for the private commercial space flight era

    Johnson, Christopher D.


    In the spring of 2011, the American state of Texas passed into law an act limiting the liability of commercial space flight entities. Under it, those companies would not be liable for space flight participant injuries, except in cases of intentional injury or injury proximately caused by the company's gross negligence. An analysis within the framework of international and national space law, but especially informed by the academic discipline of law and economics, discusses the incentives of all relevant parties and attempts to understand whether the law is economically "efficient" (allocating resources so as to yield maximum utility), and suited to further the development of the fledgling commercial suborbital tourism industry. Insights into the Texas law are applicable to other states hoping to foster commercial space tourism and considering space tourism related legislation.

  8. Knowledge spaces

    Doignon, Jean-Paul


    Knowledge spaces offer a rigorous mathematical foundation for various practical systems of knowledge assessment. An example is offered by the ALEKS system (Assessment and LEarning in Knowledge Spaces), a software for the assessment of mathematical knowledge. From a mathematical standpoint, knowledge spaces generalize partially ordered sets. They are investigated both from a combinatorial and a stochastic viewpoint. The results are applied to real and simulated data. The book gives a systematic presentation of research and extends the results to new situations. It is of interest to mathematically oriented readers in education, computer science and combinatorics at research and graduate levels. The text contains numerous examples and exercises and an extensive bibliography.

  9. Space Bugz!

    Birke, Alexander; Schoenau-Fog, Henrik; Reng, Lars


    This paper presents Space Bugz! - a novel crowd game for large venues or cinemas that utilises the audience's smartphones as controllers for the game. This paper explains what crowd gaming is and describes how the approach used in Space Bugz! enables more advanced gameplay concepts and individual...... player control than current technologies allow. The gameplay of Space Bugz! is then explained along with the technical architecture of the game. After this, the iterative design process used to create the game is described together with future perspectives. The article concludes with links to a video...

  10. Ownership structures of principal petroleum companies in Canada: company profiles - significant events - takeovers and acquisitions



    This reference document on ownership structures of principal petroleum companies identifies 'who owns whom' in the Canadian petroleum industry. The publication consists of three chapters. Chapter one, entitled 'Corporate Structures' includes the equity linkages between the energy enterprise and its parents and subsidiaries, names of directors and officers of the company and their ownership of voting shares. Chapter two under the title of 'Significant Events', provides company incorporation and listing data, outlining information on address of the company's head office, the nature of its business, number of employees in Canada, and stock exchanges on which the company equity is listed, stock symbol, high, low and closing prices as of December 31, 1996. Chapter three, entitled 'Takeovers and Acquisitions 1976-1997, provides a list of purchases, mergers and acquisitions and the estimated value of each, where applicable. All information included is provided by the companies themselves

  11. Commercial opportunities utilizing the International Space Station

    Kearney, Michael E.; Mongan, Phil; Overmyer, Carolyn M.; Jackson, Kenneth


    The International Space Station (ISS) has the unique capability of providing a low-g environment for both short- and long-duration experimentation. This environment can provide a unique and competitive research capability to industry; but until recently, utilization of this environment by the private sector has been limited if not totally unavailable. NASA has recently expressed an interest in the commercial development of space and this is now an integral part of the Agency's enabling legislation through the Space Act. NASA's objective is to foster the use of the space environment for the development of commercial products and processes. Through alliances and agreements with several commercial companies and universities, SPACEHAB, Inc., has built a comprehensive package of services designed to provide low-cost reliable access to space for experimenters. These services provide opportunities to support engineering test beds for materials exposure analysis, to mitigate structural failures as observed on the Hubble Space Telescope; materials processing, remote sensing; space environment definition; and electronic experiments. The intent of this paper is to identify commercial opportunities for utilizing the International Space Station and provide examples of several facilities currently being designed and manufactured by commercial companies with the purpose of providing access to the space environment for commercial users.

  12. Geographical proximity on the valuations of unlisted agrarian companies: Does distance from company to company and to strategic points matter?

    Occhino, P.; Maté, M.


    This paper is a first attempt to examine the role played by the geography on agrarian firms’ valuations. The geography was evaluated through the physical proximity from agrarian companies to other companies and to some strategic points which ease their accessibility to external economic agents. To get our purpose, we developed an empirical application on a sample of non-listed agrarian Spanish companies located in the region of Murcia over the period 2010-2015. We applied Discount Cash Flow methodology for non-listed companies to get their valuations. With this information, we used spatial econometric techniques to analyse the spatial distribution of agrarian firms’ valuations and model the behavior of this variable. Our results supported the assertion that agrarian firms’ valuations are conditioned by the geography. We found that firms with similar valuations tend to be grouped together in the territory. In addition, we found significant effects on agrarian firms valuations derived from the geographical proximity among closer agrarian companies and from them to external agents and transport facilities.

  13. Geographical proximity on the valuations of unlisted agrarian companies: Does distance from company to company and to strategic points matter?

    Occhino, P.; Maté, M.


    This paper is a first attempt to examine the role played by the geography on agrarian firms’ valuations. The geography was evaluated through the physical proximity from agrarian companies to other companies and to some strategic points which ease their accessibility to external economic agents. To get our purpose, we developed an empirical application on a sample of non-listed agrarian Spanish companies located in the region of Murcia over the period 2010-2015. We applied Discount Cash Flow methodology for non-listed companies to get their valuations. With this information, we used spatial econometric techniques to analyse the spatial distribution of agrarian firms’ valuations and model the behavior of this variable. Our results supported the assertion that agrarian firms’ valuations are conditioned by the geography. We found that firms with similar valuations tend to be grouped together in the territory. In addition, we found significant effects on agrarian firms valuations derived from the geographical proximity among closer agrarian companies and from them to external agents and transport facilities.

  14. Factors Influencing Company Relations with Market Stakeholders, in the Face of Crises in Company Development

    Olszewska Barbara


    Full Text Available Crises in company development are a particular subset of management crises. They emerge on various stages of company development, as a result of gradual depletion of effective management solutions. Crisis situations in companies have varied impact on company stakeholders. The paper presents results of empirical studies of factors influencing company relations with market stakeholders and those that facilitate the process of restoring and maintaining any relations that suffered in the course of crises in company development. The authors’ intention was to identify such factors and evaluate their importance, in relation to various stages of company development and the associated types of crisis situations faced by companies. Empirical studies suggest that certain factors may facilitate conflict resolution in matters concerning company relations with market stakeholders, and that the impact of these factors varies depending on the phase of organizational development and the type of the associated crisis situation. It must be noted, that one of the most important factors to influence problem resolution is the perceived honesty of the exchange participants. Moreover, research suggests that opinions on the significance of organizational dependence of exchange participants in the resolution of problems in relations with market stakeholders are varied.

  15. The systematic risk study in technology companies at Brazil

    Marcio Marcelo Belli


    Full Text Available This work tested if brasilian technology companies has a greater systematic risk than traditional companies in Brazil. For to achieve tje purpose, two companies samples , one of technology companies and the other of traditional companies, were composed. The tecnique employed was a multiple regression analysis considering a dichotomous variable wich represents the technological factor and another numerical variable wich represents the intangibility degree of  companies. As a dependent variable was considered the CAPM systematic risk. The results indicated that technology companies have a greater systematic risk than traditional companies regardless of the degree of intangibility.

  16. Space dynamics

    Corno, S.E.


    Analytical methods for Space Dynamics of fission reactors, are presented. It is shown how a few sample problems in space dynamics can be solved, within the one and two group diffusion model, by purely analytical tools, essentially based on Laplace transform and complex Green function techniques. A quite suggestive generalization of this approach, applicable to the fluid core reactors, whose fuel is undergoing a violent mixing, is reported and briefly discussed. (author)

  17. Innovation. An Instrument for Development of Companies

    Ana-Maria Nica


    Full Text Available Innovation is seen in numerous specialized studies as an efficient method for improving the performance of a company based on the sector in which that company operates. Based on this idea, the article aims to determine the nature of inter-correlation between the innovation activity of companies and the level of performance of these, which are the main types of innovation and how they can influence companies` position and how the sector of activity can influence the dimension of the impact of innovation. For achieve these objectives have been analysed empirical studies in various sectors, studies which have highlighted a positive inter-correlation between innovation activity and the performance of companies with significant differences depending on the type of innovation and industry use. The article is completed by an empirical analysis which aims to determine the extent to which performance of companies in the construction sector is sensitive to innovation activity. For the analysis were collected data from 14 companies which developed the specific activities in the construction sector of Europe, were achieve a total of 112 observations. The results obtained by applying a multiple regression model shows a positive correlation relationship between indicators of innovation (R&D expenditures and the value of patents/patents on the one side and performance indicators (equity, labour productivity and number of employees on the other side. Another direction of research analysed in this paper is to determine the impact of labour indicators on the level of innovation, in this situation was achieve a positive but insignificant inter-correlation between those indicators.

  18. Process of value co-creation and its impact on innovation strategy in service companies

    Antonia Ruiz-Moreno


    Full Text Available Purpose: This article analyzes the factors that influence on the capacity of service firms companies to adapt to changing environment. It analyzes how the critical dimensions of the innovation process influence the gap generated by the difference between the current level of innovation of the company and the level developed by competitors. Design/methodology/approach: Companies were selected from the database Duns and Bradstreet 2000. A sample of companies in Spain in a relatively homogeneous geographic, cultural, legal and political space was chosen. The questionnaire was sent to a total of 200 companies, most of them being large and medium enterprises. Findings and Originality/value: The results show that customer involvement in the innovation process is greater in service firms that have greater innovation gap and are more proactive. Formalization and decentralization present low innovation gap. Limitations: This study is focused on Spanish companies. This work presents the characteristics of a cross-sectional study. Practical implications: In order to better adapt to the environment, firms need to present a greater fit between results on innovation and customer expectations. Therefore, it is very important to accurately detect user needs throughout the innovation process. Originality/value: Our results provide guidance in decisions that are deliberate and which may affect the degree of proactivity of innovation in services. We have advanced in the implications of customer participation in business results. Keywords: Innovation gap, customer participation, decentralization, formalization, service firms.


    Daniela CIOTINA


    Full Text Available This paper approaches an important topic in the field of insolvency, a present field, considering that bankruptcy threatens the development in good conditions of the activity of companies. Our approach concerns the analysis of the insolvency of Romanian trading companies in the context of the economic-financial crisis. Considering the current economic crisis, the problem of insolvency is very present. From an economic and financial perspective, insolvency is a reality of entrepreneurship, with a negative impact: it is conditioned and triggers inopportune and inappropriate management of the patrimony of economic units. Our aim is to perform a comparative analysis in time and space of the evaluation of the insolvency of trading companies, in order to grasp the common and specific elements in defining and presenting insolvency. In the practical part of the paper, for processing the data collected from the financial statements, we will use the SPSS software - Statistical Package for the Social Sciences. The database includes 30 insolvent companies in Romania, analyzed over a 5-year period. For a rigorous structure of the database, we will select the companies that perform their activity in several activity branches. The results of the research show the crisis that affects the analyzed Romanian companies.

  20. Systematic approach to modernizing the production company

    Irina Valeryevna Makarova


    Full Text Available This paper discusses development of modernization processes in the Russian industrial enterprises. The object of the current study is the JSC "Perm Company of petroleum machinery-producing industry". It has been manufacturing oilfield service products of various kinds. It is shown that the impact of modernization on the enterprise depends not only on the local effectiveness of selected solutions, but also on the overall strategy of sustainable development. Modernization is a strategic planning tool. Taking into account the need for a comprehensive approach to strategic development and modernization, the top five stages of the development strategy of the company were mentioned: 1 analysis of internal and external environment; 2 definition of the mission and goals; 3 choice of strategy and baseline scenarios; 4 development of basic strategy; 5 implementation of the strategy. At each stage, methods and tools for strategic planning, as well as the tools of modernization are defined. The relationship between modernization and development strategy of the company is shown. It was revealed that an integrated approach to the modernization and incremental implementation are the basics for the use of a hierarchical system of optimization models to describe the process of manufacturing company modernization. As the target model of the upper level, financial performance of the company is defined. This approach has the following advantages over the point upgrading - reducing the probability of omission of important limitations and ineffective use of resources during the transition to modernization of the company. Basing on the main strategic goals, main directions and tasks of modernization, which are integrated into the tree ends were formed. A thesis was substantiated that he essence of modernization lies in the continuity of mutually complex processes of improving all its directions. For the JSC "Perm Company of petroleum machinery-producing industry

  1. public spaces

    Elena Grigoryeva


    Full Text Available The topic of this issue is PUBLIC SPACES. It is familiar and clear to every citizen. The streets and courtyards as childhood experiences remain with us forever. And these are the places where we come with our parents at weekends, where we meet friends, where we have dates and where we already come for a walk with our children.The history of public spaces is long and captivating. It was the main city squares where the most important events took place in history. The Agoras of Ancient Greece and the Roman Forums, the squares of Vatican, Paris and London, Moscow and Saint Petersburg… Greve, Trafalgar, Senate, Palace, Red, Bolotnaya – behind every name there is life of capitals, countries and nations.Public spaces, their shapes, image and development greatly influence the perception of the city as a whole. Both visitors and inhabitants can see in public spaces not only the visage but the heart, the soul and the mind of the city.Unfortunately, sometimes we have to prove the value of public spaces and defend them from those who consider them nothing but a blank space, nobody’s land destined for barbarous development.What should happen to make citizens perceive public spaces as their own and to make authorities consider development and maintenance of squares and parks their priority task against the  background of increasing competition between cities and the fight for human capital? Lately they more often say about “a high-quality human capital”. And now, when they say “the city should be liveable” they add “for all groups of citizens, including the creative class”.

  2. Space Rescue

    Muratore, John F.


    Space Rescue has been a topic of speculation for a wide community of people for decades. Astronauts, aerospace engineers, diplomats, medical and rescue professionals, inventors and science fiction writers have all speculated on this problem. Martin Caidin's 1964 novel Marooned dealt with the problems of rescuing a crew stranded in low earth orbit. Legend at the Johnson Space Center says that Caidin's portrayal of a Russian attempt to save the American crew played a pivotal role in convincing the Russians to join the real joint Apollo-Soyuz mission. Space Rescue has been a staple in science fiction television and movies portrayed in programs such as Star Trek, Stargate-SG1 and Space 1999 and movies such as Mission To Mars and Red Planet. As dramatic and as difficult as rescue appears in fictional accounts, in the real world it has even greater drama and greater difficulty. Space rescue is still in its infancy as a discipline and the purpose of this chapter is to describe the issues associated with space rescue and the work done so far in this field. For the purposes of this chapter, the term space rescue will refer to any system which allows for rescue or escape of personnel from situations which endanger human life in a spaceflight operation. This will span the period from crew ingress prior to flight through crew egress postlanding. For the purposes of this chapter, the term primary system will refer to the spacecraft system that a crew is either attempting to escape from or from which an attempt is being made to rescue the crew.

  3. Finnish company interested in Slovak spruce trees

    Haluza, I.; Slovak, K.


    Following the large-scale investments by major car plants in Slovakia, another large investment is the subject of negotiations in another sector. One of the largest international paper mills - Finish company, Myllykoski, is interested in Slovakia. Should negotiations be successful, the company would build a cellulose plant in Slovakia. This plant would cost around 500 mil. EUR (19 bill. Slovak crowns) and would process around 600,000 cubic meters of wood a year - about 10% of Slovakian's annual production. Head of the SARIO investment agency, Roman Kuruc, formally confirmed that discussions TREND learned about from potential suppliers of wood were indeed taking place. 'Negotiations are in progress with this company, but no final decision has been taken. As was the case with other major projects in the past, we must compete with neighbouring countries,' said R. Kuruc. But he confirmed that Trend's information regarding the total value of the investment was more or less accurate. Taking into account the volume of coniferous wood available, Poland and the Czech Republic can be considered to be the major competitors of Slovakia. Statements from the Myllykoski Group have been cautious up to now. 'We always take an active approach to seeking new opportunities and so we cannot confirm whether we are looking for new opportunities in Slovakia. What I can confirm is that our company has not made any decision about new investments recently,' said Taru Tuoresmaki from the Secretariat of the President and company Executive Vice-President

  4. Japan's big trading companies find themselves underemployed

    Coeyman, M.


    Japan's sogoshosha - its large trading companies - are fighting their way through an identity crisis. Originally established to help connect Japanese products and companies with offshore customers and a global market, the sogoshosha suddenly find that they are no longer in demand. The trading companies were originally intermediaries, says Yasunori Masuda, v.p. of Mitsui's chemical dividion (New York). But now we are less intermediaries and more organizers of joint ventures. Mitsubishi has a position in Saudi Arabia in methanol, ethylene glycol, and polyethylene (PE), currently being expanded. More recently the company teamed up with Pequiven, Venezuela's state-owned petrochemicals firm, on a 2,000-m.t./day methanol plant to be completed by the end of 1993 at Jose. Sone says Mitsubishi plans to market the methanol in the US Mitsubishi is also working on a feasibility study for a chlor-alkali/ethylene dichloride venture with Pequiven. Mitsubishi has jointed with five Japanese trading companies - Itochu, Marubeni, Mitsui, Sumitomo, and Nissho Iwai - to build a 450,000-m.t./year ethylene plant in China

  5. Oil companies and village development in Nigeria

    Ikporukpo, C.O.


    The economic interest of oil companies and the oil-producing Third World countries, together with the technological handicaps and political considerations of the latter, provide the scenarios within which the two groups interact. In the early history of oil exploitation, the relationship was such that the oil companies had the final say in all matters. Furthermore, apart from the token royalty, no taxes were usually imposed on the exploration companies. The relationship between the oil companies and the host local communities, even in the developed countries, seems to be a replica of that between the companies and the host countries. There is the feeling in many of the local communities that they have gained little or nothing from petroleum exploitation. This is the case not only in the setting of a less developed country, such as Nigeria, but also in that of a developed country, such as the United States. In these communities, the adverse environment effect of oil exploitation is usually perceived as being overwhelming. (author)

  6. Piercing of corporate veil of nuclear companies

    Frenz, Walter


    The Federal Ministry of Economics plans that the nuclear companies with all their assets to cover disposal costs can be used where a power plant operator is governed by its parent company, hence the latter Capital or voting majority of the operators holding or these passes; To date, the parent company is liable only limited and not more than five years after the end of the domination of one Subsidiary, oparating a power plant. In this way, prevents ultimately the public sector and thus the Taxpayers have to pay for the long-term consequences of the use of nuclear energy. Until now ensured paragraph 303 AktG a group law Secondary liability the parent companies of the operating company in the case of of termination of the control and profit transfer agreements is very limited for the nuclear liabilities, namely in two ways: The claim is only focused on the backup performance and not at the expense of acquisition and Moreover, according to the case law limited of five years after its foundation; for the area of transformation law comparable rules are valid. thereby the dismantling of a nuclear power station takes just already for 20 years and a final repository is expected before 2050 not be available. [de




    Full Text Available The analysis of financial economic ratios provides managers and external partners feedback on the results obtained from operational activities and the associated performance and risks. This paper studies the functional dependence of the companies’ success (on performance over internal financial management elements. The research was carried out for the most traded non-financial securities Bucharest listed companies and covers the period 2011- 2013. To carry out its purpose it analyzed the interdependence between the key financial ratios, studying the impact of liquidity ratios, solvency and efficiency on profitability. The study provides empirical evidences to identify factors that have ensured the performance of companies and their ranking in the segment of the most traded companies in Romania. Results suggest the view that the source of company success on the capital market lies in the positive signals sent to investors regarding profitability and the low risk of solvency. This study gives additional information for managerial decision-making in order to create more value and a better positioning of the companies in the market

  8. Underground spaces/cybernetic spaces

    Tomaž Novljan


    Full Text Available A modern city space is a space where in the vertical and horizontal direction dynamic, non-linear processes exist, similar as in nature. Alongside the “common” city surface, cities have underground spaces as well that are increasingly affecting the functioning of the former. It is the space of material and cybernetic communication/transport. The psychophysical specifics of using underground places have an important role in their conceptualisation. The most evident facts being their limited volume and often limited connections to the surface and increased level of potential dangers of all kinds. An efficient mode for alleviating the effects of these specific features are artistic interventions, such as: shape, colour, lighting, all applications of the basic principles of fractal theory.

  9. 76 FR 77442 - Mutual Insurance Holding Company Treated as Insurance Company


    ... insurance industry traces its roots back to England, where, in 1696, the first mutual fire insurer was... FEDERAL DEPOSIT INSURANCE CORPORATION 12 CFR Part 380 RIN 3064-AD89 Mutual Insurance Holding Company Treated as Insurance Company AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: Notice...

  10. The limited liability company in Romania versus the limited liability company in the Republic of Moldova

    Silvia Lucia CRISTEA


    Full Text Available The article presents parallel legislation in Romania and Republic of Moldova, in the matter of Limited Liability Company (LLC Ltd, aiming to extract similarities and differences to draw reliable conclusions regarding the advantages of setting up this type of company in the two countries.

  11. 78 FR 35360 - Surety Companies Acceptable on Federal Bonds: Terminations-American Economy Insurance Company...


    ...: Terminations-- American Economy Insurance Company (NAIC 19690); American States Insurance Company (NAIC 19704... Circular 570, 2012 Revision, published July 2, 2012, at 77 FR 39322. FOR FURTHER INFORMATION CONTACT... officials should annotate their reference copies of the Treasury Department Circular 570 (Circular), 2012...

  12. 78 FR 43197 - Duke Energy Florida, Inc.; Florida Power & Light Company; Tampa Electric Company; Orlando...


    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [ER13-1922-000; ER13-1929-000; ER13-1932-000; NJ13-11-000] Duke Energy Florida, Inc.; Florida Power & Light Company; Tampa Electric Company; Orlando Utilities Commission; Notice of Compliance Filings Take notice that on July 10, 2013, Duke Energy...

  13. The limited liability company in Romania versus the limited liability company in the Republic of Moldova

    Silvia Cristea; Nicoleta Cristina Ifrim


    The article presents parallel legislation in Romania and Republic of Moldova, in the matter of Limited Liability Company (LLC) Ltd, aiming to extract similarities and differences to draw reliable conclusions regarding the advantages of setting up this type of company in the two countries.

  14. 17 CFR 250.7 - Companies deemed not to be electric or gas utility companies.


    ... status afforded by paragraph (b)(1) of this section, any such company shall file with this Commission a... a statement of receipts and expenditures for such year and of financial status at its end. (3) As a prerequisite to retaining the status afforded by paragraph (b)(1) of this section, any such company shall...

  15. 77 FR 62378 - Supervisory and Company-Run Stress Test Requirements for Covered Companies


    ... consolidated assets as reported on the bank holding company's four most recent Consolidated Financial Statement... bank holding company with total consolidated assets of $50 billion or more and each nonbank financial... consolidated assets of more than $10 billion and for which the Board is the primary federal financial...

  16. Taxation of petroleum companies possessing private information

    Osmundsen, P.


    For countries having petroleum resources, a common objective of the Ministry of Energy is to maximise the net total government take from the petroleum industry. Most models of petroleum taxation, assuming symmetric information, recommended neutral taxation. A royalty is not optimal in this case as it gives disincentives for extraction, causing too much of the reservoir to remain unexploited. Through the operating activities, however, the companies obtain private information about the costs. A low cost company may conceal its information by imitating a high cost company, and must therefore be given an economic compensation (information rent) to be induced to reveal its true costs. An optimal regulatory response to asymmetric information may involve royalties, as these enable the government to capture a larger fraction of the economic rent. 17 refs., 2 figs

  17. Rhetorical Features of the Company Website

    Nielsen, Anne Ellerup


    will discuss the functional and the compositional aspects of corporate communication on the World Wide Web by comparing company websites with traditional market communication media. I will focus on linguistic and visual features of the company website and briefly account for some of the media constraints......Recent years have seen a growing body of literature ceoncerned with the World Wide Web as a new form of communication, and numerous discussions on composition, structure and design of successful company websites are being held in all kinds of forums within and outside the Internet. However, most...... these discussions seem to focus on the technological properties of the Internet or tend to serve purely practical purposes and only few researchers discuss the rhetorical features of web communication, the exception being a litited number of researchers dealing with metaphors on the Web. In this paper I...

  18. Foreign oil companies weathering Peru's political crisis



    This paper reports that foreign oil companies are weathering Peru's political crisis, and the outlook for increased foreign participation in Peru's petroleum sector remains promising. There has been improvement in the political turmoil and soured international relations that followed President Alberto Fujimori's Apr. 5 suspension of Peru's Congress, charging political corruption and attempts to block his fiscal reforms. But there are fresh concerns over an increase in terrorism aimed at oil industry facilities by antigovernment guerrilla groups in Peru. Meanwhile, state-owned oil company Petroleos del Peru (Petroperu) continues efforts to sell assets as part of Fujimori's mandated privatization program. And foreign companies continue to grapple with uncertainty and bureaucratic red tape in chasing investment opportunities in Peru's beleaguered but opening petroleum sector

  19. Practice management companies improve practices' financial position.

    Dupell, T


    To maintain control over healthcare delivery and financial decisions, as well as increase access to capital markets, some group practices are forming their own physician practice management companies. These companies should be organized to balance the expectations of physicians with the values of capital markets. This organization should include retained earnings, financial reporting in accordance with generally accepted accounting principles (GAAP), predictable earnings and cash flow, physician ownership and leadership, and incentives for high-quality management. Three large, primary care and multispecialty clinics that merged to form a new physician practice management company increased their access to capital markets and improved their overall financial position, which will help them achieve long-term survival.

  20. Micro CHP: implications for energy companies

    Harrison, Jeremy [EA Technology (United Kingdom); Kolin, Simon; Hestevik, Svein [Sigma Elektroteknisk A/S (Norway)


    This article explains how micro combined heat and power (CHP) technology may help UK energy businesses to maintain their customer base in the current climate of liberalisation and competition in the energy market The need for energy companies to adopt new technologies and adapt to changes in the current aggressive environment, the impact of privatisation, and the switching of energy suppliers by customers are discussed. Three potential routes to success for energy companies are identified, namely, price reductions, branding and affinity marketing, and added value services. Details are given of the implementation of schemes to encourage energy efficiency, the impact of the emissions targets set at Kyoto, the advantages of micro CHP generation, business opportunities for CHP, business threats from existing energy companies and others entering the field, and the commercial viability of micro CHP.

  1. Dynamic Intellectual Capital Model in a Company

    Vladimir Shatrevich


    Full Text Available The aim of this paper is to indicate the relations between company’s value added (VA and intangible assets. Authors declare that Intellectual capital (IC is one of the most relevant intangibles for a company, and the concept with measurement, and the relation with value creation is necessary for modern markets. Since relationship between IC elements and VA are complicated, this paper is aimed to create a usable dynamic model for building company’s value added through intellectual capital. The model is incorporating that outputs from IC elements are not homogeneously received and made some contributions to dynamic nature of IC relation and VA. Variables that will help companies to evaluate contribution of each element of IC are added to the model. This paper emphasizes the importance of a company’s IC and the positive interaction between them in generating profits for company.


    Lucia P. BLĂJUȚ


    Full Text Available This paper highlights the significant share of multinational companies in international trade that are a factor of developing global economies. In the context of economic globalization the activity of multinational companies and their foreign direct investment have a strong impact on the host country which presents advantages and disadvantages for them. The main objective of this article is the review of the important role played by multinationals in economic development, especially in developed economies. In the economies in which they operate, they bring capital, technology transfer, improve the national reputation and influence the other companies to invest in this countries, they provide a substantial source of revenue for the government and always improve the balance of payments in the host country.

  3. Westinghouse Hanford Company waste minimization actions

    Greenhalgh, W.O.


    Companies that generate hazardous waste materials are now required by national regulations to establish a waste minimization program. Accordingly, in FY88 the Westinghouse Hanford Company formed a waste minimization team organization. The purpose of the team is to assist the company in its efforts to minimize the generation of waste, train personnel on waste minimization techniques, document successful waste minimization effects, track dollar savings realized, and to publicize and administer an employee incentive program. A number of significant actions have been successful, resulting in the savings of materials and dollars. The team itself has been successful in establishing some worthwhile minimization projects. This document briefly describes the waste minimization actions that have been successful to date. 2 refs., 26 figs., 3 tabs

  4. New Danish Company Act on Shareholders' Agreements

    Werlauff, Erik


    ) organizational rights, (2) financial rights, and (3) rights of disposal, or in plainer words, the corporate (1) power, (2) money, and (3) exit. If a shareholders’ agreement is thoroughly kept and respected by all parties, both in the way they vote at general assemblies and in the way they act when wishing....... The substantial elements in many agreements are clauses on (1) voting for board candidates, (2) voting for dividends of certain proportions, and (3) first refusal rights, respectively, call options for shares in the company. Such clauses are at the very roots of corporate law, dealing with the shareholders’ (1......Section 82 of the Danish Company Act, in force from 1 March 2010, provides that ‘Shareholders’ agreements are neither binding on the company nor on decisions taken by the general assembly’. This has far-reaching consequences for shareholders’ agreements, also for already existing agreements...

  5. Do Danish food companies analyse their competitors?

    Grunert, Klaus G.; Nissen, Lars; Wildenhoff, Lars


    Executive summary: 1. Modern marketing knowledge points out that competitor analysis is equally important as customer analysis for the attainment of sustainable competitive advantage, given the ways in which market environments have changed in the seventies and eighties. 2. A study based...... on interviews with 20 Danish food companies shows that they realise this need and do carry out competitor analysis. However, the collection, storage, and processing of competitor information is largely informal and accidental. It refers to direct competitors only, and it is mostly standard information about...... competitor prices, products, and market shares. 3. Danish food companies use competitor information mostly at the tactical/operational level. This is related to the fact that there is little long-term planning. 4. There is very little knowledge about competitors on export markets. 5. The company...

  6. State of Vision Development in Slovenian Companies

    Vojko Toman


    Full Text Available Vision is a prerequisite for efficient strategic planning and the effectiveness of a company. If a company has no vision (i.e., it does not know where it is heading, then it cannot build on advantages, eliminate weaknesses, exploit opportunities and avoid threats. The term ‘vision’ is often used in scientific and professional literature, but it should be noted that different authors understand the term differently and often discuss it inadequately. Many questions regarding the nature of vision arise in practice and in theory, and I answer many of them in my article. I define vision, explain the reasons for its necessity and provide its characteristics and content. I define mission and explain the main difference between vision and mission. The majority of the article presents the results of empirical research on the state of vision setting in Slovenian companies. The article highlights the way in which these terms are understood by top managers.

  7. Company profile: Big changes revive independent's profits

    Tippee, B.


    In 4 years' time, American Exploration has changed from an aggressive acquirer and manager of producing properties for institutional investors into a geographically focused independent producer dedicated to making money by finding and producing oil and gas. Through its adaptations to unexpectedly stagnant oil prices, American Exploration reflects the type of top-to-bottom changes many independent producers have made to survive a brutal decade. It also demonstrates that an independent producer can prosper in the absence of ever-rising prices: the company reported net income of $3.9 million last year following a $54.8 million loss--much of it related to an accounting change--in 1994 and a string of losses before that. In an interview with Oil and Gas Journal, Andrews discussed his company's transformation and financial turnaround, his new appreciation for the balance between capital and technology, and future directions of his company and industry

  8. Brand management of Slovenian export companies

    Aleksandra Pisnik Korda


    Full Text Available This paper describes the characteristics of brand management in the context of the companies in Slovenia that are intensively engaged in the internationalization of their business operations. Using a sample of the 200 largest export companies in Slovenia, it explores the impact of internationalized business operations on the marketing mix component strategies to identify the most frequent internal and external hindrances to the internationalization that exert influence on the companies’ most important brands. The paper also analyzes the importance of long-term experience and knowledge of the market in the consolidation of brand effectiveness and the companies’ reputation and ascertains whether the companies with a higher level of internationalization employ a larger number of less tangible brand performance criteria than those with a lower level of internationalization.

  9. Environmental spaces

    Larsen, Henrik Gutzon

    Using the development of intergovernmental environmental cooperation in the Baltic Sea area as a concrete example, the aim of this study is to explore how the 'environment' in situations of environmental interdependence is identified and institutionalised as political-geographical objects....... 'Environmental interdependence' is to this end conceptualised as a tension between 'political spaces' of discrete state territories and 'environmental spaces' of spatially nested ecosystems. This tension between geographies of political separateness and environmental wholeness is the implicit or explicit basis...... for a large and varied literature. But in both its critical and problemsolving manifestations, this literature tends to naturalise the spatiality of environmental concerns: environmental spaces are generally taken for granted. On the suggestion that there is a subtle politics to the specification...

  10. Tsirelson's space

    Casazza, Peter G


    This monograph provides a structure theory for the increasingly important Banach space discovered by B.S. Tsirelson. The basic construction should be accessible to graduate students of functional analysis with a knowledge of the theory of Schauder bases, while topics of a more advanced nature are presented for the specialist. Bounded linear operators are studied through the use of finite-dimensional decompositions, and complemented subspaces are studied at length. A myriad of variant constructions are presented and explored, while open questions are broached in almost every chapter. Two appendices are attached: one dealing with a computer program which computes norms of finitely-supported vectors, while the other surveys recent work on weak Hilbert spaces (where a Tsirelson-type space provides an example).

  11. International company restructuring and the effects on high-skilled employees in lead companies

    Hansen, Nana Wesley


    insulated from international restructuring processes. However, effects on wage and working conditions vary dependent on the motivation for restructuring, and as companies learn to take advantage of pools of skilled employees abroad. Continued international restructuring appear to challenge the insulation......International company restructuring involving knowledge intensive jobs causes increasing concern about the effect on the globalization of high-skilled employees. Drawing on case studies in four Danish-based companies, this article argues that high-skilled employees in lead companies are rarely...... of high-skilled workers over time. Further, the article shows that knowledge intensive Companies increasingly apply relational global value chain governance with multidirectional consequences for wage and working conditions among the high-skilled employees....

  12. The Canadian Niagara Power Company story

    Ball, N.R.


    This book chronicles the history and contributions of the Canadian Niagara Power Company and its employees toward the establishment of electricity generation and distribution in Niagara Falls and Fort Erie, Ontario, dating back to its founding in 1892. Through historical photographs, maps and drawings, the book demonstrates the impact of electricity on the Niagara region. It emphasizes the many skills and jobs required to run the company that generated electricity and maintained a complete system to deliver power, metering, and billing services through the depression, wars, and postwar booms, even during lightning, snow and ice storms. The company began producing power in 1905 with what had been the world's largest-capacity turbines and generators that supplied power to both sides of the Niagara River. Initially, most of the electricity was exported to New York State. The company eventually expanded its Canadian customer service area from Niagara Falls, Ontario, to Fort Erie, Bridgeburg, Amigari, Ridgeway, Stevensville, Crystal Beach and Point Abino. Throughout its history, the Canadian Niagara Power Company provided power at a lower cost than its neighbouring competitors. The William Birch Rankine Generating Station became an important tourist attraction, showcasing the latest electrical appliances of the time in an effort to promote the use of electricity in homes and offices. Today, the station remains a tribute to the fact that natural beauty can coincide with industry. The book also chronicles the difficult business challenges caused by restructuring in the electric power industry in the 1990s, repairing aging equipment and applying the latest in automation and remote sensing technology. Today, the company as FortisOntario is expanding to other communities around Ontario. refs., tabs., figs

  13. Why the oil companies lost solar

    Miller, Damian


    Solar energy is a growing source of electricity supply. Oil companies including BP and Shell recognized this early on and entered the solar industry when it was still in its relative infancy. These companies invested heavily in vertically integrated solar companies that were at one point among the largest in the world. But neither BP nor Shell was successful, and they both decided to exit the solar market. This stands as a paradox since such companies have the funds, the long-term perspectives, the management systems, the multinational presence and the lobbying clout to potentially succeed in this new energy industry. Why were they not successful, and why did they ultimately exit? This paper uses innovation theory to explore the reasons why large incumbent corporations typically fail to succeed in commercializing disruptive innovations at scale. Evidence from semi-structured interviews and discussions with former employees of BP Solar and Shell Solar confirm the explanatory power of key constructs from innovation theory in accounting for the big oil companies' experience with solar technology. Ultimately, the findings suggest that oil companies would have done better to treat their solar businesses as separate stand-alone entities. - Highlights: • This paper examines why BP and Shell were not successful in solar, and exited. • It finds innovation theory to be very helpful in answering the question. • The evidence from semi-structured interviews, press reports, and archival documentation is in line with innovation theory. • Both the theory and the findings offer a different way forward for future oil and gas entrants

  14. Edificio para la Libbey-Owens-Ford Glass Company

    Skidmore, Owings & Merrill, Arquitectos


    Full Text Available This is a 15 storey building, located in Toledo, Ohio, and will house the general offices of the Libbey-Owens-Ford Company. There is a basement, which contains air conditioning equipment, stores, service rooms, and similar facilities. The ground floor occupies a smaller area than the floors above, and the difference in area provides a covered arcade round the building. The main hall and lift shafts take up most of the ground floor space. All the remaining storeys are devoted to offices. This is a good example of contemporary functional architecture and also an exciting manifestation of the use of glass in this type of buildings.Este edificio, de 15 plantas de altura, construido en Toledo, Ohio, para oficinas generales de la Libbey-Owens- Ford Glass Company, consta de: un sótano destinado a albergar los equipos mecánicos para el acondicionamiento de aire, etc., almacén, departamentos de servicio, etc. El cuerpo de edificación de la planta baja, que aparece retranqueado de los soportes perimetrales creando una zona porticada, aloja el vestíbulo principal, núcleo de comunicaciones verticales, etcétera. Las restantes plantas están ocupadas por oficinas. No solamente este edificio es un destacado ejemplo de arquitectura moderna, sino que también es una suscitante manifestación de las ideas arquitectónicas en cristal.

  15. Westinghouse Savannah River Company (WSRC) approach to nuclear facility maintenance

    Harrison, D.W.


    The Savannah River Site (SRS) in South Carolina is a 300+ square mile facility owned by the US Department of Energy (DOE) and operated by Westinghouse Savannah River Company (WSRC), the prime contractor; Bechtel Savannah River, Incorporated (BSRI) is a major subcontractor. The site has used all of the five nuclear reactors and it has the necessary nuclear materials processing facilities, as well as waste management and research facilities. The site has produced materials for the US nuclear arsenal and various isotopes for use in space research and nuclear medicine for more than 30 years. In 1989, WSRC took over as prime contractor, replacing E.I. du Pont de Nemours and Company. At this time, a concentrated effort began to more closely align the operating standards of this site with those accepted by the commercial nuclear industry of the United States. Generally, this meant acceptance of standards of the Institute of Nuclear Power Operations (INPO) for nuclear-related facilities at the site. The subject of this paper is maintenance of nuclear facilities and, therefore, excludes discussion of the maintenance of non-nuclear facilities and equipment

  16. Astronautics Degrees for Space Industry

    Gruntman, M.; Brodsky, R.; Erwin, D.; Kunc, J.

    The Astronautics Program ( of the University of Southern California (USC) offers a full set of undergraduate and graduate degree programs in Aerospace Engineering with emphasis in Astronautics. The Bachelor of Science degree program in Astronautics combines basic science and engineering classes with specialized astronautics classes. The Master of Science degree program in Astronautics offers classes in various areas of space technology. The Certificate in Astronautics targets practicing engineers and scientists who enter space-related fields and/or who want to obtain training in specific space-related areas. Many specialized graduate classes are taught by adjunct faculty working at the leading space companies. The Master of Science degree and Certificate are available through the USC Distance Education Network (DEN). Today, the Internet allows us to reach students anywhere in the world through webcasting. The majority of our graduate students, as well as those pursuing the Certificate, work full time as engineers in the space industry and government research and development centers. The new world of distance learning presents new challenges and opens new opportunities. We show how the transformation of distance learning and particularly the introduction of webcasting transform organization of the program and class delivery. We will describe in detail the academic focus of the program, student reach, and structure of program components. Program development is illustrated by the student enrollment dynamics and related industrial trends; the lessons learned emphasize the importance of feedback from the students and from the space industry.

  17. Space doubt

    Rega, Joseph Mark


    Dissertação (mestrado) - Universidade Federal de Santa Catarina, Centro de Comunicação e Expressão. Programa de Pós-Graduação em Inglês e Literatura Correspondente. The recent surge in cyberspace science fiction follows previous trends within the genre, i.e. those connected with future city-space and outer space, and is an inevitable result of economic forces. There has always been a close relationship between capitalism and spatial expansion, compelled by technological innovations that ha...

  18. Transit space

    Raahauge, Kirsten Marie


    This article deals with representations of one specific city, Århus, Denmark, especially its central district. The analysis is based on anthropological fieldwork conducted in Skåde Bakker and Fedet, two well-off neighborhoods. The overall purpose of the project is to study perceptions of space...... and the interaction of cultural, social, and spatial organizations, as seen from the point of view of people living in Skåde Bakker and Fedet. The focus is on the city dwellers’ representations of the central district of Århus with specific reference to the concept of transit space. When applied to various Århusian...

  19. Company X launch to the Chinese market

    Gilles, Mylene


    The purpose of this thesis was to conduct a brand study for Company X, which pro-duces small and medium childcare products. The final objective was to have a better knowledge of the Chinese market to adapt as well as possible the Company X brand strategy comparing with competitors are doing in terms of brand strategy and entry mode solution. The introduction shows the purpose and the objectives of the thesis and the concep-tual framework including all the theoretical concepts developed. Th...

  20. Waste Measurement Techniques For Lean Companies

    Maciej Pieńkowski


    Full Text Available The paper is dedicated to answer the problem of measuring waste in companies, which are implementing Lean Manufacturing concept. Lack of complex identification, quantification an visualization of waste significantly impedes Lean transformation efforts. This problem can be solved by a careful investigation of Muda, Muri and Mura, which represent the essence of waste in the Toyota Production System. Measuring them facilitates complete and permanent elimination of waste in processes. The paper introduces a suggestion of methodology, which should enable company to quantify and visualize waste at a shop floor level.




    The coffee shop industry in the U.S. includes 20,000 stores with combined annual revenue of about $11 billion. Major companies include Starbucks, Dunkin’ Donuts, Caribou, Coffee Bean and Tea Leaf, and Diedrich (Gloria Jean’s). The industry is highly concentrated at the top and fragmented at the bottom: the top 50 companies have over 70 percent of industry sales. Coffee is one of the world’s largest commodities. The top green coffee producing countries are Brazil, Colombia, and Vietnam. Many...

  2. Employees´ Job Satisfaction in Company

    Václavková, Barbora


    This Master´s thesis Employees´ Job Satisfaction in Company is focused on job satisfaction of employees in a particular company. The aim of this thesis is to analyse the current level of employees´ satisfaction, factors that affect the degree of satisfaction and weak segments propose recommendations to increase the level of satisfaction among employees. The first part is theoretical and deals with the approach of the topic employees´ job satisfaction describe theoretical methods that are in p...




    Full Text Available The increasing use of derivatives for risk management of a company lately has led to the need to report on an actual basis as these instruments and regulate these operations accounting. This paper proposes a presentation of hedging transactions and their accounting evaluating the impact, in terms of accounting, risk management derivatives on a company. Hedges are often ineffective. Overcoming the ineffectiveness of hedging operations can be achieved by proper designation of the hedging relationship and create an appropriate method to demonstrate hedge effectiveness.


    Bibiana Kaselyova


    Full Text Available Purpose: Design of experiment (DOE represent very powerful tool for process improvement vastly supported by six sigma methodology. This approach is mostly used by large and manufacturing orientated companies. Presented research is focused on use of DOE in truck company, which is medium size and service orientated. Such study has several purposes. Firstly, detailed description of improvement effort based on DOE can be used as a methodological framework for companies similar to researched one. Secondly, it provides example of successfully implemented low cost design of experiment practise. Moreover, performed experiment identifies key factors, which influence the lifetime of truck tyres.Design/methodology: The research in this paper is based on experiment conducted in Slovakian Truck Company. It provides detailed case study of whole improvement effort, together with problem formulation, design creation and analysis, as well as the results interpretation. The company wants to improve lifetime of the truck tyres. Next to fuel consumption, consumption of tyres and their replacement represent according to them, one of most costly processes in company. Improvement effort was made through the use of PDCA cycle. It start with analysis of current state of tyres consumption. The variability of tyres consumption based on years and types was investigated. Then the causes of tyres replacement were identified and screening DOE was conducted. After a screening design, the full factorial design of experiment was used to identify main drivers of tyres deterioration and breakdowns. Based on result of DOE, the corrective action were propose and implement.Findings: Based on performed experiment our research describes process of tyres use and replacement. It defines main reasons for tyre breakdown and identify main drivers which influence truck tyres lifetime. Moreover it formulates corrective action to prolong tyres lifetime.Originality: The study represents full

  5. Quality analysis of IMR of domestic companies

    Grubor Aleksandar


    Full Text Available Marketing research activities are in function of identification and understanding of the changes in functioning of the world market. For the need of efficient management of international companies performance, based on principles of international marketing, reliable, on time and complete (in other words quality information have crucial importance. Therefore, information based on marketing research represents the initial point of the strategic management decisioning process that guide activities of the company towards better position in the future, having in mind own competitive position and prevailing relations in business environment.

  6. Intelligent Speed Adaptation in Company Vehicles

    Agerholm, Niels; Tradisauskas, Nerius; Waagepetersen, Rasmus


    This paper describes an intelligent speed adaptation project for company vehicles. The intelligent speed adaptation function in the project is both information and incentive, which means that the intelligent speed adaptation equipment gives a warning as well as penalty points if the driver...... is speeding. Each month the driver with that monthpsilas fewest points wins an award. The paper presents results concerning speed attitude on the first three of a planned 12 months test period. In all 26 vehicles and 51 drivers from six companies participate in the project. The key result is that speeding...

  7. Private companies – policy, proliferation, policing

    Hicks, Andrew


    The Law Commission’s work reviewing the law on private companies and on partnership law creates a unique opportunity to focus on the long term needs of the small business sector. Andrew Hicks argues that small businesses should be given a real choice of corporate form, either the traditional limited company or a new and efficient “business corporation” which does not confer limited liability on its members. Article by Andrew Hicks (Solicitor, Senior lecturer, University of Exeter) published i...




    Full Text Available The insurance companies operating in a competitive and dynamic economic climate, so solvency is a very important problem. The guarantee funds protect policyholders against situations where insurers can not meet its contractual obligations, and supervisors constant attention is how to regulate the insurance business. Overall solvency of insurance companies show that has been achieved relative success in this area due to regulations adopted. Although in recent years the number of insolvency cases increased worrying emphasis on solvency control should lead to a reduction in the occurrence of such cases and the increased safety offered by insurance products.

  9. Business Plan for a Record Company

    Mbuthia, Alexander; Wakuwile, Janina


    The objective of this thesis is to develop a business plan for a record company named Kamoja Records in Espoo Finland that will focus on music and video production. The main purpose of this study is to determine whether this business plan is viable and whether the resulting company would be able to function as a vibrant record label. The business plan evaluates different features that are related to music and video production. The purpose is to obtain knowledge about business planning in gene...

  10. 76 FR 35085 - Savings and Loan Holding Company Application


    ... DEPARTMENT OF THE TREASURY Office of Thrift Supervision Savings and Loan Holding Company... Proposal: Savings Loan Holding Company Application. OMB Number: 1550-0015. Form Numbers: H-(e). Description... that no company, or any director or officer of a savings and loan holding company, or any individual...

  11. 7 CFR 226.21 - Food service management companies.


    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Food service management companies. 226.21 Section 226... § 226.21 Food service management companies. (a) Any institution may contract with a food service management company. An institution which contracts with a food service management company shall remain...

  12. The 1988 Directory of Educational Software Publishing Companies.

    Electronic Learning, 1988


    Based on questionnaires sent to educational software companies in January 1988, this directory lists 78 companies. Information given includes company address, curriculum subject areas for which the company publishes software, types of machines and operating systems on which the software operates, and grade level for which it is targeted. (LRW)

  13. 12 CFR 225.124 - Foreign bank holding companies.


    ... SYSTEM BANK HOLDING COMPANIES AND CHANGE IN BANK CONTROL (REGULATION Y) Regulations Financial Holding Companies Interpretations § 225.124 Foreign bank holding companies. (a) Effective December 1, 1971, the... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Foreign bank holding companies. 225.124 Section...

  14. 75 FR 17796 - American Vantage Companies; Notice of Application


    ...] American Vantage Companies; Notice of Application April 1, 2010. AGENCY: Securities and Exchange Commission... Act of 1940 (the ``Act''). Summary of Application: American Vantage Companies requests an order.... Applicant: American Vantage Companies (the ``Company''). Filing Dates: The application was filed on November...

  15. Benchmarking processes for managing large international space programs

    Mandell, Humboldt C., Jr.; Duke, Michael B.


    The relationship between management style and program costs is analyzed to determine the feasibility of financing large international space missions. The incorporation of management systems is considered to be essential to realizing low cost spacecraft and planetary surface systems. Several companies ranging from large Lockheed 'Skunk Works' to small companies including Space Industries, Inc., Rocket Research Corp., and Orbital Sciences Corp. were studied. It is concluded that to lower the prices, the ways in which spacecraft and hardware are developed must be changed. Benchmarking of successful low cost space programs has revealed a number of prescriptive rules for low cost managements, including major changes in the relationships between the public and private sectors.

  16. Dynamic Capabilities and Project Management in Small Software Companies

    Nørbjerg, Jacob; Nielsen, Peter Axel; Persson, John Stouby


    A small software company depends on its capability to adapt to rapid technological and other changes in its environment—its dynamic capabilities. In this paper, we argue that to evolve and maintain its dynamic capabilities a small software company must pay attention to the interaction between...... dynamic capabilities at different levels of the company — particularly between the project management and the company levels. We present a case study of a small software company and show how successful dynamic capabilities at the company level can affect project management in small software companies...

  17. Into Space



    @@ China plans to launch an unmanned space module,Tiangong 1,in 2011,said Qi Faren,the chief designer of China's Shenzhou spacecraft,at the sidelines of the annual plenary session of the National Committee of the Chinese People's Political Consultative Conference(CPPCC),the country's top political advisory body,on March 3.

  18. Space Gerontology

    Miquel, J. (Editor); Economos, A. C. (Editor)


    Presentations are given which address the effects of space flght on the older person, the parallels between the physiological responses to weightlessness and the aging process, and experimental possibilities afforded by the weightless environment to fundamental research in gerontology and geriatrics.

  19. Trading Spaces

    Cort, Cliff


    Education administrators face the dual dilemma of crowded, aging facilities and tightening capital budgets. The challenge is to build the necessary classroom, laboratory and activity space while minimizing the length and expense of the construction process. One solution that offers an affordable alternative is modular construction, a method that…

  20. Space research

    Tempelmayer, A.


    Space research in Austria began since 1969 and has its roots in Graz. An overview of the projects performed by Austrian organizations such as local network interconnection via satellites systems, MIGMAS (Microanalysis station), ALP-SAT (Autonomous Libration Point-Satellite), MIDAS (Micro-imaging dust analysis system), among others are described. (nevyjel)

  1. Space Conquest


    An old water tank from the time of the ISR is being converted into a temporary store for ATLAS muon chambers. This is the last chapter in the big programme by the PH Department to make better use of space at CERN.

  2. Commercial space development needs cheap launchers

    Benson, James William


    SpaceDev is in the market for a deep space launch, and we are not going to pay $50 million for it. There is an ongoing debate about the elasticity of demand related to launch costs. On the one hand there are the ``big iron'' NASA and DoD contractors who say that there is no market for small or inexpensive launchers, that lowering launch costs will not result in significantly more launches, and that the current uncompetitive pricing scheme is appropriate. On the other hand are commercial companies which compete in the real world, and who say that there would be innumerable new launches if prices were to drop dramatically. I participated directly in the microcomputer revolution, and saw first hand what happened to the big iron computer companies who failed to see or heed the handwriting on the wall. We are at the same stage in the space access revolution that personal computers were in the late '70s and early '80s. The global economy is about to be changed in ways that are just as unpredictable as those changes wrought after the introduction of the personal computer. Companies which fail to innovate and keep producing only big iron will suffer the same fate as IBM and all the now-extinct mainframe and minicomputer companies. A few will remain, but with a small share of the market, never again to be in a position to dominate.

  3. Valuation of oil companies - Implications for corporate behaviour

    Osmundsen, Petter


    The report discusses control signals given by the stock market to listed companies and relates this to agency theory. Oil companies are used as a case. The market responds to financial signals from the companies. The market response on various financial indicators represents an implicit incentive scheme for the companies. This is described and the adaptation of the companies is discussed. In addition, the report deals with the significance of a threat of acquisition, and private vs. public ownership

  4. 17 CFR 230.489 - Filing of form by foreign banks and insurance companies and certain of their holding companies...


    ... that is a foreign bank or foreign insurance company excepted from the definition of investment company... is excepted from the definition of investment company by rule 3a-1 (17 CFR 270.3a-1) under the 1940... excepted from the definition of investment company by rule 3a-6 under the 1940 Act. (b) The requirements of...

  5. 12 CFR 584.2-2 - Permissible bank holding company activities of savings and loan holding companies.


    ... savings and loan holding companies. 584.2-2 Section 584.2-2 Banks and Banking OFFICE OF THRIFT SUPERVISION, DEPARTMENT OF THE TREASURY SAVINGS AND LOAN HOLDING COMPANIES § 584.2-2 Permissible bank holding company activities of savings and loan holding companies. (a) General. For purposes of § 584.2(b)(6)(i) of this part...

  6. 78 FR 9907 - TGP Development Company, LLC; TGP Flying Cloud Holdings, LLC; WEC TX Company, LLC v. Arizona...


    ... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. EL13-45-000] TGP Development Company, LLC; TGP Flying Cloud Holdings, LLC; WEC TX Company, LLC v. Arizona Public Service Company... section 206 of the Federal Power Act, 16 U.S.C. 824(e) (2006), TGP Development Company, LLC, TGP Flying...

  7. 77 FR 29884 - Assessment of Fees on Large Bank Holding Companies and Nonbank Financial Companies Supervised by...


    ... holding company's four most recent Consolidated Financial Statements for Bank Holding Companies (FR Y-9C... with total consolidated assets of $50 billion or greater and nonbank financial companies supervised by... financial institutions and insurance companies were critical of the proposed use of total consolidated...

  8. 12 CFR 225.82 - How does a bank holding company elect to become a financial holding company?


    ... holding company to become a financial holding company shall not be effective if, during the period...) Effective date of election—(1) In general. An election filed by a bank holding company under paragraph (a... financial holding company is effective prior to the 31st day after the date that a complete declaration was...

  9. WORKSHOP: Inner space - outer space



    During the first week of May, the Fermilab theoretical astrophysics group hosted an international conference on science at the interface of particle physics and cosmology/astrophysics. The conference (Inner Space-Outer Space) was attended by a very diverse group of more than 200 physical scientists, including astronomers, astrophysicists, cosmologists, low-temperature physicists, and elementary particle theorists and experimentalists. The common interest which brought this diverse group to gether is the connection between physics on the smallest scale probed by man - the realm of elementary particle physics - and physics on the largest scale imaginable (the entire Universe) - the realm of cosmology

  10. WORKSHOP: Inner space - outer space



    During the first week of May, the Fermilab theoretical astrophysics group hosted an international conference on science at the interface of particle physics and cosmology/astrophysics. The conference (Inner Space-Outer Space) was attended by a very diverse group of more than 200 physical scientists, including astronomers, astrophysicists, cosmologists, low-temperature physicists, and elementary particle theorists and experimentalists. The common interest which brought this diverse group to gether is the connection between physics on the smallest scale probed by man - the realm of elementary particle physics - and physics on the largest scale imaginable (the entire Universe) - the realm of cosmology.

  11. Energy price dispute - companies are confident

    Marcan, P.; Slovak, P.


    Energy prices stipulated for 2003 were not compliant with the valid legislation. The Constitutional Court has repeatedly confirmed this fact. The dispute between several Slovak companies and the state will address the damage caused by illegal actions taken by the public authority, including loss of profit. A group of claimants represented by the Club 500 association is claiming up to 2 bil. Sk (57.97 mil. EUR) as compensation for the mistake made by the Office for Regulation of Network Industries (URSO), including the unclear calculation of the lost profit of companies. It will be up to the courts to decide whether the price deregulation really caused damage to the companies or whether they just took advantage of the faulty legislation.The companies base their claims on a decision of the Constitutional Court. Last year the Court twice announced that the 2003 energy prices were not compliant with valid legislation. At that time, Slovakia lacked a generally binding regulation that should have been in place according to the Act on Regulation of Network Industries. Currently, the role of these missing regulations has been taken over by URSO decrees. These stipulate justified costs and adequate profit of energy suppliers. The regulator had such a decree prepared at the end of 2002, but due to material stipulations and time constraints it did not publish it. (authors)

  12. Budget Setting Strategies for the Company's Divisions

    Berg, M.; Brekelmans, R.C.M.; De Waegenaere, A.M.B.


    The paper deals with the issue of budget setting to the divisions of a company. The approach is quantitative in nature both in the formulation of the requirements for the set-budgets, as related to different general managerial objectives of interest, and in the modelling of the inherent

  13. A Virtual Company for Educational Purpose

    Thorsteinsson, Uffe


    The paper presents an overview of a proposed project with the goal to develop an educational system to be used for education of industrial engineer students at European universities. The system is based on Internet and multimedia applications and constists of following elements: A virtual company...

  14. Subsea prizes : companies pushing the envelope offshore

    Macedo, R.


    In order to make projects economic, companies are going farther offshore and deeper to find oil and gas or to use existing offshore platforms and longer horizontals. Companies such as StatoilHydro are reworking strategies on how to approach future oil finds. This article discussed examples of ultra deep and long horizontal oil finds such as Statoil's complicated but highly successful Gulltopp project. Although drilling ultra-deep wells or long horizontal wells is risky, they can also be very lucrative. The article also discussed McMoRan Exploration Company of New Orleans' high-risk deeper targets in the Gulf of Mexico and its exploration strategy. The longest well in the world, drilled by Maersk Oil Qatar AS was also described. The article noted that the Danish company reported that the entire horizontal section of the well was placed within a reservoir target which was only 20 feet thick. Schlumberger helped Maersk Oil Qatar break several records with extended reach drilling (ERD) offshore well. This well set 10 records, including the longest well ever drilled; longest along-hole departure; longest 8 and a half inch section; highest ERD ratio; highest directional drilling difficulty index; deepest directional control; deepest downlink, MWD transmission and LWD geosteering; deepest battery-less operation; longest reservoir contact; and longest open hole. Last, the article discussed an unsuccessful well drilled by Murphy Oil Corporation known as the Manhattan well. 8 figs.

  15. Designing anthropological reflection within an energy company

    Løgstrup, Louise Buch; Gunn, Wendy; Said Mosleh, Wafa


    The move towards a more liberalized energy market and the emergent smart grid technology has forced a Scandinavian energy company to begin rethinking the relation between themselves and private energy end users. Originally a unidirectional relationship, the present and future have potential...

  16. Structuring the competitive advantage of printing company

    Kukharuk A. D.


    The nature of the concept of "competitive advantage of the company" if analyzed. The concept of "structuring a competitive advantage" is suggested. The model of structuring of printing company’s competitive advantage based on fundamentals of stakeholder theory is developed.

  17. Evolution of relationship between government and companies

    Tchuruk, S.


    The president of the Total petroleum company , during a meeting of Petroleum institute at London, exposed the relations and their evolution in energy area, between national government and petroleum industry. The nationalization or the privatization, the taxation, the differences made between different kind of energy are so many factors which are used to regulate energy policy

  18. Practical PRA applications at Consumers Power Company

    Blanchard, D.P.


    Consumers Power Company has completed two probabilistic risk assessments (PRAs), one each at its Big Rock Point and Midland plants and is in the process of performing a third study at its Palisades Plant. Each PRA is summarized briefly in this paper. Each PRA has been used to evaluate specific plant design features and make operating and design recommendations to plant and Company management as well as to the regulator. This paper is a sumary of those issues on which Consumers Power Company has applied PRAs to date. The technique used in applying PRA to these issues has varied as more was learned about the plants from the PRA and about PRA itself. Some issue resolutions involved deriving technical arguments from small parts of the PRA only, such as the logic models or consequence analysis. Still others required use of the entire PRA including sequence quantification, plant and containment response, consequence analysis and eventually cost-benefit evaluation of proposed resolutions. The benefits derived from these analyses have also varied and include not only a perceived reduction in the risks associated with plant operation but also economic benefit to the Company in that cost-effective alternatives to resolving safety issues have been permitted

  19. Internal controls subjects at insurance companies

    Прокопенко, Жанна Володимирівна


    The problematic issues of determining the authorities of the internal controls subjects at insurance companies have been elucidated. The list of internal controls subjects of insurer depending on the form of control as well as the purposefulness of such kind of control have been determined.

  20. Social Company Principles, let's talk business...

    drs. Frans van den Reep


    1e alinea column: Hoe kun je nou de lessons learned van social media zo opschrijven dat corporates met hun duizenden controllers en compliance officers er iets mee kunnen? The social company en het ver-internetten van de bedrijfsvoering zetten onderstaande principles op de Business Balance

  1. Publicly Traded Ed. Companies Are Rare

    Flanigan, Robin L.


    K12 Inc., the nation's largest provider of online precollegiate education, was launched in 2000 and went public seven years later after raising about $140 million in revenue. Like other companies, it moved from being privately held to being publicly traded to raise more money quickly, increase brand awareness, and accelerate business goals. The…

  2. 75 FR 71417 - 2010 Company Organization Survey


    ... Organization Survey AGENCY: Bureau of the Census, Commerce. ACTION: Notice of determination. SUMMARY: The Bureau of the Census (Census Bureau) is conducting the 2010 Company Organization Survey. The survey's... organizations included in the survey, and additional copies are available on written request to the Director, U...

  3. 78 FR 64911 - 2013 Company Organization Survey


    ... Organization Survey AGENCY: Bureau of the Census, Commerce. ACTION: Notice of Determination. SUMMARY: The Bureau of the Census (Census Bureau) is conducting the 2013 Company Organization Survey. The survey's... organizations included in the survey, and additional copies are available upon written request to the Director...

  4. 76 FR 62759 - 2011 Company Organization Survey


    ... Organization Survey AGENCY: Bureau of the Census, Commerce. ACTION: Notice of determination. SUMMARY: The Bureau of the Census (Census Bureau) is conducting the 2011 Company Organization Survey. The survey's... organizations included in the survey, and additional copies are available by written request to the Director, U...

  5. Company learning about corporate social responsibility

    Cramer, J.M.


    This article analyses the learning experiences gained by 19 Dutch companies when implementing the concept of corporate social responsibility in their own business practices. It is concluded that learning processes took place at individual level and, in certain cases, at group level. Learning at

  6. Optimal Capital Structure for Insurance Companies

    Laeven, R.J.A.; Perotti, E.C.


    This paper analyzes the capital structure decision that insurance companies face. A structural microeconomic model is constructed and solved by means of dynamic optimization. The model allows for a careful analysis of various aspects pertaining to the basic economic trade-off between increasing the

  7. Being@: keep company with electronic evidence!

    Kooistra, J.; Hopstaken, Kees


    The title heading this paper Being@ keep company with electronic evedence is referring to an university training on the Internet which is processing insight into how science 'works' (in the active sense of the word) under the articulation of information- and communication technology (ICT) and

  8. The indirect strategies of internationalization of companies

    Đorđević Momčilo


    Full Text Available The subject of this work are, as mentioned in the title, the indirect strategies of internationalization of companies. The first part talks about the new business environment, the factors that lead to changes and their implications. It is at the same time the business context, which must be taken into consideration that determines the success of companies in the new business environment. In this paper, the emphasis is on company business in international markets, and the selection of appropriate strategies of internationalization, which will be responsible for this new business environment. There are many reasons that are discussed in this paper, and would rather indicate that partners from different countries to accept different strategies, rather than opting for a strategy of export, or a strategy of direct investments abroad. The dynamic technical and technological development, and its universal impact, among other relevant factors, put in the first place the importance of different strategies which is achieved through technology transfer, knowledge and experience whereby the exports, as a classic strategy of involvement in international trade, becomes significantly more difficult. Also, the internationalization of enterprises through direct investment abroad, involves many difficulties related to fitting in a foreign enterprise environment, and a high risk strategy. In addition, there is still a large number of countries do not allow wholly owned foreign enterprises. The paper discusses the value of various indirect internationalization strategy, which may be useful for those domestic companies that are in front of problem the choice of acceptable strategies of internationalization.

  9. The Budgeting Mechanism in Development Companies

    Kovaleva, Tatiana M.; Khvostenko, Oleg A.; Glukhova, Alla G.; Nikeryasova, Veronica V.; Gavrilov, Denis E.


    Relevance of the researched problem is caused by the fact that today there is a requirement for a unique, generalized, theoretically and methodically elaborated budgeting mechanism disaggregating the aims of strategic level to the level of structural units of the company. The aim of article is to develop methodical provisions and practical…

  10. Energy companies need to cuddle their clients


    Due to a liberalized energy market in Europe more than 20% of the customers has chosen another electricity supplier. In spite of that many energy suppliers do not yet operate as client-oriented businesses, according to a report of Ernst and Young: 'Trend in Energy 2000'. Energy companies should become more active in relation management

  11. National oil companies of South East Asia

    Singh, Gurdip


    Contains Executive Summary and Chapters on: Pertamina; Petronas; Petroleum Authority of Thailand; Philippines National Oil Company; Petro Vietnam; Myanmar Oil and Gas Enterprise; Singapore; Asean Free Trade Agreement, and Appendix on Petroleum tax legislation in the main south east Asian countries. (Author)

  12. Factors Affecting Success of Training Companies

    Rogala, Piotr; Batko, Roman; Wawak, Slawomir


    This study aims to identify the key factors which influence the functioning quality and success of training companies. Based on an analysis of the requirements included in the quality management system standards for providers of education and training services, a set of twenty factors has been developed. This was followed by a survey for…

  13. Transnational Energy Companies' Investment Allocation Decisions

    Osmundsen, Petter; Emhjellen, Magne; Halleraker, Morten


    When making international capital budgeting decisions, energy companies are often faced with capital and organisational constraints. The constraints may be real or management imposed. In addition, when entering into a new country or region the companies will incur fixed new area costs that must be considered before investment approval. The decision problem is therefore not a linear problem where the standard net present value rule applies, but a non-linear problem of selecting the combination of projects with the maximum aggregate net present value. New project investments will therefore be selected based on the size of the net present value (often referred to as financial volume or materiality) compared to the projects' use of capital and scarce personnel and organisational capacity. Consequently, projects with a positive net present value, but with low materiality, may not be approved. The portfolio choice has a parallel to the company's choice of core areas. Instead of complex portfolio models, the companies often apply simpler allocation mechanisms, e.g., combinations of fixed investment budgets and materiality requirements. Analysing petroleum cases, we compare the allocations decisions generated by portfolio models and simpler mechanisms. We also discuss the implications of this capital allocation pattern for governments' design of tax systems and license conditions. (author)

  14. Sustainable Development as Concern for Industrial Companies

    Bundgaard, Hans

    Today, the industrial company has responsibilities towards the environment, the society, and the owners. From a theoretical base of social theory and social science, this industry research has considered the preconditions for a more proactive industrial response towards sustainability. A new conc...

  15. Czech Companies Involved in the ARTEMIS Programme

    Kadlec, Jiří

    -, special issue (2013), s. 4-5 ISSN 1210-9592 R&D Projects: GA MŠk(CZ) LE13020 Keywords : ARTEMIS JU * embedded systems * european technology platforms * FP7 * ICT * microelectronics * ENIAC JU Subject RIV: AF - Documentation, Librarianship, Information Studies companies involved in the artemis programme.pdf

  16. Work motivation of employees in MLM companies

    Bittnerová, Martina


    The work is primarily concerned with problems of motivation in a multi-level marketing a sspecific method of management. The key concepts of word processing are, motivation work performance, motivation theories,Multilevel Marketing, Structural Company. The aim of this work is to analyze the motivational principles of professional performance in a multilevel marketing.

  17. Appeals court reverses verdict favoring drug companies.


    An appeals court reversed a verdict favoring drug companies after the widow of a hemophiliac, whose death was linked to HIV-tainted blood products, sued four pharmaceutical companies to pay damages. The four companies, Alpha Therapeutic Corp., Miles Laboratories Inc., Armour Pharmaceutical Co., and Baxter Travenol Laboratories Inc., provided Factor VIII, a clotting concentrate, to [name removed] [name removed], the plaintiff's husband, from 1972 until his death in 1987. [Name removed]'s wife sued the companies, alleging that the defendants negligently solicited blood plasma from paid donors who had a high risk of having HIV, failed to determine whether any lots of Factor VIII contained plasma from an at-risk donor, failed to warn consumers of possible risks, and failed to heat-treat HIV and other viruses in Factor VIII, despite industry-wide knowledge of the risk of infection. The three-judge panel said the trial judge's decision to avoid ruling on the antigenic stimulation theory, based on insufficient evidence, was improper. In addition, the appeals court said a retrial is necessary because of improper remarks made by Alpha's attorney.

  18. Driver rostering for bus transit companies

    Nurmi, K.; Kyngäs, J.; Post, Gerhard F.


    Staff scheduling has become increasingly important for both the public sector and private companies. Good rosters have many benefits for an organization, such as lower costs, more effective utilization of resources and fairer workloads and distribution of shifts. The process of constructing

  19. Corporate governance of non-listed companies

    McCahery, J.A.; Vermeulen, E.P.M.


    Studies of corporate governance traditionally focus on the governance problems of large publicly held firms, and policymakers' recommendations often focus on such firms. However most small firms, and in many countries, even many large companies, are closely held. This book provides a comprehensive

  20. Characteristics of Company Accounting Information System

    Marija Tokić


    Full Text Available Information has always presented an important factor of human activity. As a resource that guided human activity, information was gathered, stored, analysed and distributed in different ways throughout the history. Today, information system is a necessity in the global business system. Globalisation processes have changed the traditional concept of doing business and brought about the need for information management as an integral part of overall company assets and rapid development of information and communication technology. Regardless of the benefits and advantages that may be offered by the systems, companies do business to earn profit. In this sense information systems should be considered as investment. Although investment costs can be determined relatively precisely, benefits offered by the systems are more difficult to measure and they require comprehensive consideration of all aspects of doing business to which the systems refer. Accounting is an information subsystem of the single information system of a company. Its purpose is to provide comprehensive, systematic and permanent presentation of data and information, based on documents that refer to all elements contained in business subsystems and the business system of the company as a whole. Information resulting from accounting and information system is contained in accounting reports, i.e. calculations, estimates and analyses within which it is presented to the management.

  1. Make your company a talent factory.

    Ready, Douglas A; Conger, Jay A


    Despite the great sums of money companies dedicate to talent management systems, many still struggle to fill key positions - limiting their potential for growth in the process. Virtually all the human resource executives in the authors' 2005 survey of 40 companies around the world said that their pipeline of high-potential employees was insufficient to fill strategic management roles. The survey revealed two primary reasons for this. First, the formal procedures for identifying and developing next-generation leaders have fallen out of sync with what companies need to grow or expand into new markets. To save money, for example, some firms have eliminated positions that would expose high-potential employees to a broad range of problems, thus sacrificing future development opportunities that would far outweigh any initial savings from the job cuts. Second, HR executives often have trouble keeping top leaders' attention on talent issues, despite those leaders' vigorous assertions that obtaining and keeping the best people is a major priority. If passion for that objective doesn't start at the top and infuse the culture, say the authors, talent management can easily deteriorate into the management of bureaucratic routines. Yet there are companies that can face the future with confidence. These firms don't just manage talent, they build talent factories. The authors describe the experiences of two such corporations - consumer products icon Procter & Gamble and financial services giant HSBC Group -that figured out how to develop and retain key employees and fill positions quickly to meet evolving business needs. Though each company approached talent management from a different direction, they both maintained a twin focus on functionality (rigorous talent processes that support strategic and cultural objectives) and vitality (management's emotional commitment, which is reflected in daily actions).

  2. Tailoring CSR Strategy to Company Size?

    Alexandra ZBUCHEA


    Full Text Available Corporate Social Responsibility (CSR is one of the most debated topics in the academic and professional business literature, being analyzed in a myriad of perspectives, from philosophy, to marketing, management practice, managerial strategies or financial impact. The very term of CSR implies that involving with society in a structural way that is part of a business DNA is or should be understood as a characteristic of big size companies (e.g. ‘corporations’. Academic literature and financial reports show a direct relationship between a company size and its CSR budget, therefore some conclusions have been taken that CSR is effective mostly in cases of big budgets and, consequently, of big companies. Academic research also tends to favor large corporations. Most of the literature on CSR is dedicated to large companies. Nevertheless, in the past decade, increasingly more studies have investigated the social responsibility assumed by other types of companies (such as SMEs, by public institutions or by nonprofit organizations. Our present empirical analysis based on structured academic literature review (comprehensive selection of relevant international papers and content analysis demonstrates that CSR should go beyond the classical understanding of the ‘corporation’ concept and that it should be tailored to SMEs as well. Innovation and top management support are the drivers of effective CSR adoption by SMEs, for positive results meeting specific business model requirements, as well as for society. Going beyond social responsibility as a philosophical duty, correctly tailored CSR strategies can be efficient for small and medium enterprises in meeting strategic business objectives.

  3. Informed consent: Enforcing pharmaceutical companies' obligations abroad.

    Lee, Stacey B


    The past several years have seen an evolution in the obligations of pharmaceutical companies conducting clinical trials abroad. Key players, such as international human rights organizations, multinational pharmaceutical companies, the United States government and courts, and the media, have played a significant role in defining these obligations. This article examines how such obligations have developed through the lens of past, present, and future recommendations for informed consent protections. In doing so, this article suggests that, no matter how robust obligations appear, they will continue to fall short of providing meaningful protection until they are accompanied by a substantive enforcement mechanism that holds multinational pharmaceutical companies accountable for their conduct. Issues of national sovereignty, particularly in the United States, will continue to prevent meaningful enforcement by an international tribunal or through one universally adopted code of ethics. This article argues that, rather than continuing to pursue an untenable international approach, the Alien Torts Statute (ATS) offers a viable enforcement mechanism, at least for US-based pharmaceutical companies. Recent federal appellate court precedent interpreting the ATS provides the mechanism for granting victims redress and enforcing accountability of sponsors (usually pharmaceutical companies and research and academic institutions) for informed consent misconduct. Substantive human rights protections are vital in order to ensure that every person can realize the "right to health." This article concludes that by building on the federal appellate court's ATS analysis, which grants foreign trial participants the right to pursue claims of human rights violations in US courts, a mechanism can be created for enforcing not only substantive informed consent, but also human rights protections.


    Cut Zaraswati


    Full Text Available The objectives of this research are to: 1 compare the effect of premium earnings products of health insurances after the launching of national social health insurance (JKN-BPJS (Badan Penyelenggara Jaminan Sosial for health; 2 analyze the internal and external factors of private/commercial health insurance companies; 3 formulate a marketing strategyy for health insurance product after the operation of JKN-BPJS for health.  It is a challenge for commercial health insurance to survive and thrive with the existence of JKN-BPJS for health which is compulsory to Indonesia’s citizens to be a member. The research begins by analyzing premium earnings of the commercial health insurance company one year before and after the implementation of JKN-BPJS for health, the intensive interviews and questionnaires to the chosen resource person (purposive samplings, the analysis on Internal Factor Evaluation (IFE, External Factor Evaluation (EFE, Matrix IE and SWOT are used in the research. Then it is continued by arranging a strategic priority using Analytical Hierarchy Process (AHP.  The result from the research is there is totally no decreasing premium earnings for the commercial health insurance company although the growth trend shows a slight drop.  The appropriate strategy for the health insurance company in the commercial sector is the differentiation where the implication is involving customer service quality improvement, product innovation, and technology and infrastructure development.      Keywords:  commercial health insurance company, Marketing Strategy, AHP Analysis, national social health insurance

  5. Beyond offshoring: assess your company's global potential.

    Farrell, Diana


    In the past few years, companies have become aware that they can slash costs by offshoring: moving jobs to lower-wage locations. But this practice is just the tip of the iceberg in terms of how globalization can transform industries, according to research by the McKinsey Global Institute (MGI). The institute's yearlong study suggests that by streamlining their production processes and supply chains globally, rather than just nationally or regionally, companies can lower their costs-as we've seen in the consumer-electronics and PC industries. Companies can save as much as 70% of their total costs through globalization--50% from offshoring, 5% from training and business-task redesign, and 15% from process improvements. But they don't have to stop there. The cost reductions make it possible to lower prices and expand into new markets, attracting whole new classes of customers. To date, however, few businesses have recognized the full scope of performance improvements that globalization makes possible, much less developed sound strategies for capturing those opportunities. In this article, Diana Farrell, director of MGI, offers a step-by-step approach to doing both things. Among her suggestions: Assess where your industry falls along the globalization spectrum, because not all sectors of the economy face the same challenges and opportunities at the same time. Also, pay attention to production, regulatory, and organizational barriers to globalization. If any of these can be changed, size up the cost-saving (and revenue-generating) opportunities that will emerge for your company as a result of those changes. Farrell also defines the five stages of globalization-market entry, product specialization, value chain disaggregation, value chain reengineering, and the creation of new markets-and notes the different levers for cutting costs and creating value that companies can use in each phase.

  6. Brand values for consumers and companies

    Veljković Saša


    Full Text Available In contemporary business management, which is characterized by intense competitive pressure, marketing is getting more and more dominant role. Companies on the market are more exposed to competitive pressure due to the growing number of suppliers (bidders and substitutive products on the home market, and increase of foreign competition due to the world economy globalization. The success of marketing tools usage largely depends on the expected financial effects realization, as well as the survival of company on the market does, both in long and short terms. Brand marketing is a useful tool in modern business environment and it is an important source of competitive advantage. The concept and essence of brand have been significantly changed recently, compared to the period of twenty or more years ago. Brand is no more considered as just a label or sign, it is a tool that creates value for consumers and significantly contributes to improving the competitive position on the market. In brand creating process one should start from the elements that influence the creation of value for consumers and to consistently apply mechanisms to maximize the function of the brand on the market and enable companies to achieve maximum impact in terms of achievement of competitive advantage. It is important at the same time, in the respect of analysis of the financial payback investment in brand creating, to conceder brand impacts on the financial performance of the company. The aim of this paper is to point out the role, importance and concept of brand in modern marketing, and to highlight the role and way of creating value for consumers with help of the brand, which contributes to improving the competitive position and points out the brand influence on the financial performance of companies.

  7. CNG: Aiming to be an energy company, not a gas company

    Wheatley, R.


    Long before regulatory changes in the US paved the way for the union of natural gas and electric utility companies, Consolidated Natural Gas Co. (CNG) embarked on a strategy that would serve the company well in the 1990s. In 1995, CNG began a corporate repositioning to meet mounting competition, switching emphasis from its regulated businesses to the non-regulated side. The goal: to become an energy player, not only in the US but internationally. This paper focuses on the company's operations, business plans, and management strategies. The paper gives an overview, then discusses production of oil and gas, the growing exploration program and plans for the future

  8. Organizing space: Dutch space science between astronomy, industry and the government

    Baneke, D.M.


    This paper analyzes how scientists, private companies and the government in the Netherlands cooperated in the creation of the new field of space research. It examines especially the role of Philips Electronics and Fokker Aircraft, and the consequences of their different structure and corporate


    Amar, Muh Yunus


    Attainment of company performance relates to participation of its external stakeholder. External stakeholder here defined as the group which having importance with company and cannot be controlled by company management. Existence of external stakeholder becomes of vital importance and influential to performance and continuity of company life (Kasali, 1990). Therefore, management of the company needs to paying attention more to the importance of the external stakeholder. External stakeholders ...

  10. Space Toxicology

    James, John T.


    Safe breathing air for space faring crews is essential whether they are inside an Extravehicular Mobility Suit (EMU), a small capsule such as Soyuz, or the expansive International Space Station (ISS). Sources of air pollution can include entry of propellants, excess offgassing from polymeric materials, leakage of systems compounds, escape of payload compounds, over-use of utility compounds, microbial metabolism, and human metabolism. The toxicological risk posed by a compound is comprised of the probability of escaping to cause air pollution and the magnitude of adverse effects on human health if escape occurs. The risk from highly toxic compounds is controlled by requiring multiple levels of containment to greatly reduce the probability of escape; whereas compounds that are virtually non-toxic may require little or no containment. The potential for toxicity is determined by the inherent toxicity of the compound and the amount that could potentially escape into the breathing air.

  11. Spacing Identity

    Stang Våland, Marianne; Georg, Susse


    In this paper, we analyze how architectural design, and the spatial and material changes this involves, contributes to the continuous shaping of identities in an organization. Based upon a case study of organizational and architectural change in a municipal administration at a time of major public...... sector reforms, we examine how design interventions were used to (re)form work and professional relationships. The paper examines how engagements with spatial arrangements and material artifacts affected people’s sense of both occupational and organizational identity. Taking a relational approach...... to sociomateriality, the paper contributes to the further theorizing of space in organization studies by proposing the concept of spacing identity to capture the fluidity of identity performance....

  12. Communication spaces.

    Coiera, Enrico


    Annotations to physical workspaces such as signs and notes are ubiquitous. When densely annotated, work areas become communication spaces. This study aims to characterize the types and purpose of such annotations. A qualitative observational study was undertaken in two wards and the radiology department of a 440-bed metropolitan teaching hospital. Images were purposefully sampled; 39 were analyzed after excluding inferior images. Annotation functions included signaling identity, location, capability, status, availability, and operation. They encoded data, rules or procedural descriptions. Most aggregated into groups that either created a workflow by referencing each other, supported a common workflow without reference to each other, or were heterogeneous, referring to many workflows. Higher-level assemblies of such groupings were also observed. Annotations make visible the gap between work done and the capability of a space to support work. Annotations are repairs of an environment, improving fitness for purpose, fixing inadequacy in design, or meeting emergent needs. Annotations thus record the missing information needed to undertake tasks, typically added post-implemented. Measuring annotation levels post-implementation could help assess the fit of technology to task. Physical and digital spaces could meet broader user needs by formally supporting user customization, 'programming through annotation'. Augmented reality systems could also directly support annotation, addressing existing information gaps, and enhancing work with context sensitive annotation. Communication spaces offer a model of how work unfolds. Annotations make visible local adaptation that makes technology fit for purpose post-implementation and suggest an important role for annotatable information systems and digital augmentation of the physical environment.

  13. Space Radiation

    Corliss, William R.


    This booklet discusses three kinds of space radiation, cosmic rays, Van Allen Belts, and solar plasma. Cosmic rays are penetrating particles that we cannot see, hear or feel, which come from distant stars. Van Allen Belts, named after their discoverer are great belts of protons and electrons that the earth has captured in its magnetic trap. Solar plasma is a gaseous, electrically neutral mixture of positive and negative ions that the sun spews out from convulsed regions on its surface.

  14. Space Handbook,


    thle early life * of" the system. Figure 4-2 shows the variation in power output for polonium - 210 (Po- 210 ) with a 138-day half-life, curium-242 (Cm...miles above the earth’s surface. Above this altitude they must take everything they need with them. The environment will supply them with neither food ...can move large payloads through space. The radioisotope heat cycle engines use high-energy particle sources such as plutonium and polonium . The walls

  15. Space Nutrition

    Smith, Scott M.


    Optimal nutrition will be critical for crew members who embark on space exploration missions. Nutritional assessment provides an opportunity to ensure that crewmembers begin their missions in optimal nutritional status, to document changes during a mission and, if necessary, to provide intervention to maintain that status throughout the mission, and to assesses changes after landing in order to facilitate the return to their normal status as soon as possible after landing. We report here the findings from our nutritional assessment of astronauts who participated in the International Space Station (ISS) missions, along with flight and ground-based research findings. We also present ongoing and planned nutrition research activities. These studies provide evidence that bone loss, compromised vitamin status, and oxidative damage are the critical nutritional concerns for space travelers. Other nutrient issues exist, including concerns about the stability of nutrients in the food system, which are exposed to longterm storage and radiation during flight. Defining nutrient requirements, and being able to provide and maintain those nutrients on exploration missions, will be critical for maintaining crew member health.

  16. Game Spaces

    Kristiansen, Erik


    , called “pervasive games.” These are games that are based on computer technology, but use a physical space as the game space as opposed to video games. Coupling spatial configuration with performance theory of rituals as liminal phenomena, I put forward a model and a new understanding of the magic circle......When we play games of any kind, from tennis to board games, it is easy to notice that games seem to be configured in space, often using stripes or a kind of map on a board. Some games are clearly performed within this marked border, while it may be difficult to pinpoint such a border in games like...... hide-and-seek, but even these games are still spatially configured. The border (visible or not) both seem to separate and uphold the game that it is meant for. This chapter sets out to analyse the possible border that separates a game from the surrounding world. Johan Huizinga noted this “separateness...

  17. Incentives for Starting Small Companies Focused on Rare and Neglected Diseases.

    Ekins, Sean; Wood, Jill


    Starting biotech or pharmaceutical companies is traditionally thought to be based around a scientist, their technology platform or a clinical candidate spun out from another company. Between us we have taken a different approach and formed two small early stage companies after initially leveraging the perspective of a parent with a child with a life-threatening rare disease. Phoenix Nest ( ) was co-founded to work on treatments for Sanfilippo syndrome a devastating neurodegenerative lysosomal storage disorder. In the space of just over 3 years we have built up collaborations with leading scientists in academia and industry and been awarded multiple NIH small business grants. The second company, Collaborations Pharmaceuticals Inc. ( ) was founded to address some of the other 7000 or so rare diseases as well as neglected infectious diseases. The Rare Pediatric Disease Priority Review Voucher is likely the most important incentive for companies working on rare diseases with very small populations. This may also be partially responsible for the recent acquisitions of rare disease companies with late stage candidates. Lessons learned in the process of starting our companies are that rare disease parents or patients can readily partner with a scientist and fund research through NIH grants rather than venture capital or angel investors initially. This process may be slow so patience and perseverance is key. We would encourage other pharmaceutical scientists to meet rare disease parents, patients or advocates and work with them to further the science on their diseases and create a source of future drugs.

  18. 77 FR 25349 - Mutual Insurance Holding Company Treated as Insurance Company


    ..., the first mutual fire insurer was established. The first American mutual insurance company, the Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, was founded in 1752.\\3\\ \\3\\ The...


    Svetlana VUKOSAV


    Full Text Available Contemporary approaches to the management of the company are focused on achieving long-term success of the company in its complex and changing environment. Company as part of the wider environment, must adapt to the changing environment in order to survive, growing and developing. The task of strategic management is to enable the enterprise in the tourism industry to rationally and promptly react to changes in the environment in which it carries out its business and general activity. The aim of this paper is to determine whether and to what extent the process of the strategic management is being implemented in hotels in Vojvodina(that are changed ownership structure and what is their response to the competitive pressures and opportunities, and demands and needs of consumers Strategic positioning in order to achieve sustainable competitive advantage through product differentiation and segmentation of demand is imperative for success of hotel companies in Vojvodina.

  20. 76 FR 37194 - Surety Companies Acceptable In Federal Bonds; Termination; Clearwater Insurance Company


    ... to the U.S. Department of the Treasury, Financial Management Service, Financial Accounting and...: June 16, 2011. Laura Carrico, Director, Financial Accounting and Services Division, Financial...; Termination; Clearwater Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department of...

  1. 76 FR 37891 - Surety Companies Acceptable on Federal Bonds; Termination; Western Insurance Company


    ... the U.S. Department of the Treasury, Financial Management Service, Financial Accounting and Services.... Laura Carrico, Director, Financial Accounting and Services Division, Financial Management Service. [FR...; Termination; Western Insurance Company AGENCY: Financial Management Service, Fiscal Service, Department of the...

  2. 77 FR 553 - Surety Companies Acceptable on Federal Bonds: Termination; Western Bonding Company


    .... Department of the Treasury, Financial Management Service, Financial Accounting and Services Division, Surety..., 2011. Laura Carrico, Director, Financial Accounting and Services Division, Financial Management Service...: Termination; Western Bonding Company AGENCY: Financial Management Service, Fiscal Service, Department of the...

  3. Establishment of a Clothing Company in Finland Based on a University Brand Case: LAMK Apparel Company

    Biliba, Arsenii; Mishchenko, Nikita


    This thesis aims to assist LAMK Apparel Company in its entry into the clothing market, in Finland. Based on country analysis of the two target countries (Russia and Finland), its original business idea is developed together with innovative concepts. Accordingly, the business plan is created to describe an applicable development way for the idea. The authors focus on the process of establishing a clothing company in Finland based on a university brand through the implementation of a business p...

  4. Analisa Strategi E-Marketing dan Implementasinya pada Rental Company

    Meyliana Meyliana


    Full Text Available Customers are the main key for persistence of a company. The company could arrange old customers and attract new customers, as marketing event. Marketing is one component in customer relationship management. Marketing today has become a trend in doing promotion, increase new customers to expand target market, and maintain old customer loyalty to increase the company sales’ point volume. Supported by appropriate information technology, marketing event could be changed as events that give benefit to the company. Marketing event with information technology, e-marketing, is done to increase company image. After being analysed, this e-marketing strategy will be implemented to rental company

  5. Companies investments on Private Equity/Venture Capital market

    Zbigniew Drewniak


    Full Text Available One of the investors on Private Equity/Venture Capital market are corporations. The share of companies in total funds raised by PE/VC funds is still on the very low level. Beside indirect investments, companies invest directly, creating special entities in one corporate structure. Capital gains are one of the advantages of these investments for companies. However, the companies have also other purposes like the acquirement and the development of new technologies, as well as the transfer of knowledge. The participation of PE/VC fund in the investment process results in the support for company expansion and the creation of company value.

  6. Human Resources Strategies in Romanian Tourism Companies

    Tătăruşanu Maria


    Full Text Available In the context of political, social and economic global worries, tourism remains an underexploited option as its ability to be a consistent revenues source in Romania. Some companies have understood this and thus they have successfully developed their activities by building their business in a strategic way. In the same way, others failed due to lack of vision and coherence. The strategic thinking capacity, that has led them to success, has been reflected specially in their human resources strategies - positive effects generator on long term. What do they mean and what do these strategies consist of? The main purpose of this article consists in the analysis of information both from the online environment and literature reviews referring to this subject. It also aims to provide best practices and recommendations for a strategic approach of human resources in tourism companies, having in mind an area whose future must to be considered.

  7. ALICE doffs hat to two companies


    During the fifth annual ALICE Industrial Awards ceremony, the ALICE Collaboration honoured two companies for their outstanding contributions to the construction of the experiment.For the past five years, the ALICE collaboration has been presenting its industrial partners with awards for meeting demanding or unusual requirements, for excellence in design or execution, for delivery on-time and on-budget and for outstanding cooperation. This year, on 9 March, ALICE presented awards to two companies for their exceptional performance. From left to right: Kees Oskamp (ALICE SSD), Arie de Haas (ALICE SSD), Gert-Jan Nooren (ALICE SSD), Shon Shmuel (FIBERNET), Yehuda Mor-Yosef (FIBERNET), Hans Boggild (ALICE), Jurgen Schukraft (ALICE Spokesperson), Catherine Decosse (ALICE) and Jean-Robert Lutz (ALICE SSD). FIBERNET Ltd., based in Yokneam, Israel, was rewarded for the excellent and timely assembly of the Silicon Strip Detector boards (SSD) of the Inner Tracking System with cable connections. Special low-mass cables, ...

  8. Electric utility companies and geothermal power

    Pivirotto, D. S.


    The requirements of the electric utility industry as the primary potential market for geothermal energy are analyzed, based on a series of structured interviews with utility companies and financial institution executives. The interviews were designed to determine what information and technologies would be required before utilities would make investment decisions in favor of geothermal energy, the time frame in which the information and technologies would have to be available, and the influence of the governmental politics. The paper describes the geothermal resources, electric utility industry, its structure, the forces influencing utility companies, and their relationship to geothermal energy. A strategy for federal stimulation of utility investment in geothermal energy is suggested. Possibilities are discussed for stimulating utility investment through financial incentives, amelioration of institutional barriers, and technological improvements.


    Flavia CAIA


    Full Text Available The economic conditions and market competition create pressures on companies to adopt new technologies that can provide more efficient information and can support decision-making better. The purpose of the research is to investigate the decision support information systems in order to apprise and enhance the capacity of the entities to apply the new knowledge that BI produces for organizational success and competitiveness. The importance of the conducted research consists in identifying solutions to improve reporting and stimulate the entities to start using business intelligence (BI technologies, which facilitate obtaining new information, in order to ensure flexibility, resilience and provide answers to questions that go beyond what the pre-defined reports can do to support decision-making. The estimated result is a technical and operational overview of the large companies in Romania, drawing future directions for an improved competitive behaviour and strategic awareness, and identifying the significant factors for optimizing the decision-making process.

  10. Work culture of the Bata company

    Martina Urbanová


    Full Text Available The paper deals with the Thomas Bata Company from its establishment until 1932. After defining the concepts, methods and goals, the authors remind Bata’s trips to America, which were crucial for changes in the company. The text then focuses on the Bata’s organization of production based on the workshop autonomy system (Bata is often called the pioneer of self-government in industry. Bata’s production method, even if entirely original, represents an example of masterful adaptation of scientific knowledge in the field of production to the specific local conditions of life in town of Zlín. This paper is also a reminder of the Bata’s tragic death in 12th July 1932 – 80 years has passed since that date.

  11. Brief: Information technology outsourcing -- one company's experience

    Klochko, J.W.; Bester, L.W.


    To address the pressures of the 1990's business climate, Amoco Canada Petroleum Co. Ltd. went through an aggressive evaluation and restructuring of its business operations. This precipitated a critical review of its information technology (IT) strategy with a goal of maintaining effectiveness while reducing overall costs. To meet the challenge of substantially reducing expenses while continuing to maintain effective service levels, the company entered a 5-year agreement to outsource its data center and network operations. this paper discusses the business forces that brought Amoco Canada to consider outsourcing, the processes surrounding the outsourcing decision, and the results to date. The authors demonstrate that by understanding the role of IT in its business plans, the company successfully met its outsourcing objectives

  12. Foreign Energy Company Competitiveness: Background information

    Weimar, M.R.; Freund, K.A.; Roop, J.M.


    This report provides background information to the report Energy Company Competitiveness: Little to Do With Subsidies (DOE 1994). The main body of this publication consists of data uncovered during the course of research on this DOE report. This data pertains to major government energy policies in each country studied. This report also provides a summary of the DOE report. In October 1993, the Office of Energy Intelligence, US Department of Energy (formerly the Office of Foreign Intelligence), requested that Pacific Northwest Laboratory prepare a report addressing policies and actions used by foreign governments to enhance the competitiveness of their energy firms. Pacific Northwest Laboratory prepared the report Energy Company Competitiveness Little to Do With Subsidies (DOE 1994), which provided the analysis requested by DOE. An appendix was also prepared, which provided extensive background documentation to the analysis. Because of the length of the appendix, Pacific Northwest Laboratory decided to publish this information separately, as contained in this report.

  13. Design Students and Companies - What's the Problem?

    Eriksen, Kaare


    How are collaborative projects between university design programs and external partners like companies or institutions integrated in the curriculum and what are the advantages and problems related to such initiatives? Many experiments are done in the area, but until now a more general overview ha...... agreements create problems in many cases. Collaborative projects are very valuable on several areas and most teachers and study managers expect to do more collaborative projects in the future.......How are collaborative projects between university design programs and external partners like companies or institutions integrated in the curriculum and what are the advantages and problems related to such initiatives? Many experiments are done in the area, but until now a more general overview has...

  14. Repositioning Strategy for Malaysian Companies Internationalization

    Ismi Rajiani


    Full Text Available The rise of the emerging-market countries offers both developing and developed countries a unique opportunity to gain the benefits of a truly international economy. Consequently, it is imper- ative to advance our knowledge of emerging-market countries MNC emergence and competitive- ness including Malaysian firms on how will they position their products strategically. Based on the framework of Porter’s Generic Strategy, this paper is composed of price/ volume segments and im- pacts on product strategy theory. The aim is to identify crucial triggering cues and focus areas for Malaysian companies and measure what role these play in different segments. This study argues that some Malaysian companies will reposition themselves strategically when internationalizing and that they will focus on other factors or triggering cues when doing so not merely adapting the prevalent price leadership strategy.

  15. Lean Start-up in Established Companies

    Goduscheit, René Chester


    Lean start-up is an emergent perspective on how entrepreneurs can bring new products and services to the market. This approach challenges the dominant role of lengthy business plans, linear product development processes, and seeking complete overview of the potential of the new products....../services before market launch. Instead it suggests that start-ups could benefit from a ‘minimum-viable product’ approach where products and services are launched when they contain critical features. The emphasis in the lean start-up approach is on business models rather than the elaborate business plan...... at the companies (strategy meetings, development workshops etc.). The aim is to shed light on the implications for companies that seek to employ lean start-up. These implications will be aimed at aspects like innovation management, organizational structure, customer relations etc....

  16. Suffield a cornucopia for Alberta energy company

    Thomas, A.


    Operations of the Alberta Energy Company's (AEC) Suffield properties in southern Alberta, the company's major production area, were reviewed. With a staff of just over 100, Suffield was said to produce an average of 180 million cubic feet of natural gas and more than 4100 barrels of oil per day. Suffield's remaining reserves were estimated to be 814 billion cubic feet of gas and 6.4 million barrels of oil. The field was expected to be in production for the next 20 years. A master plan to minimize normal field decline and control operating costs at Suffield was developed by AEC. Cloning gas storage plants was one of the methods used by for cost control. Designing and constructing identical gas plants was another means of producing major savings, especially in areas such as equipment purchase, and construction

  17. Corporate ergonomics programme at Ford Motor Company.

    Joseph, Bradley S


    The use of ergonomic principles in automobile assembly and manufacturing operations has become an important part of a comprehensive health and safety process as well as an integral part of the engineering systems. Ford Motor Company has developed an ergonomics process to manage issues related to injury and illness (e.g., musculoskeletal diseases) and to ensure the appropriate use of human resources on the plant floor. The ergonomics programme uses joint labour and management teams to identify and evaluate jobs and develop and implement solutions. This paper summarises the efforts of the Ford Motor Company in implementing and maintaining the programme. Key strategies are outlined that provide important links to internal organisational units that are critical to fully utilise the ergonomics process. In addition, the paper outlines differences between proactive and reactive efforts and shows the importance of using the information generated by the initiatives for process improvement.

  18. Identifying motivational factors within a multinational company

    Daniela Bradutanu


    Full Text Available The aim of the study is to identify the main motivational factors within a multinational company. The first objective is to identify work functions, formulated on Abraham Maslow’s pyramid, following the identification of the key characteristics that motivate an employee at the work place and last, but not least, the type of motivation that employees focus, intrinsic or extrinsic. The research method targeted a questionnaire based survey, including various company employees and an interview with the manager. The results confirmed that in Romania, employees put great emphasis on extrinsic motivation, a certain income and job security being primary. These results have implications for managers that in order to effectively motivate staff, first, must know their needs and expectations. To identify the main needs and motivational factors we had as a starting point Maslow's pyramid.

  19. Overseas Investments by Chinese National Oil Companies



    This report examines inaccuracies in some commonly held views of China's National Oil Companies (NOCs). Until now, there has been little analysis to test the widely held presumption that these companies act under the instructions and in close co-ordination with the Chinese government. Nor have critics been challenged on the validity of their concerns about investments made by these NOCs, and how they could be blocking supplies of oil for other importing countries. The IEA analysis, however, finds that contrary to these views, the NOCs actually operate with a high degree of independence from the Chinese government, and their investments have in fact largely boosted global supplies of oil and gas, which other importers rely on.

  20. Applying Product Configuration Systems in Engineering Companies

    Ladeby, Klaes Rohde

    This Ph.D. thesis looks into the application of configuration systems in engineering companies, and how configuration systems can be used to support business processes in engineering companies. Often the motivation stated by researchers and practitioners is, that a configuration project...... and sustain competitive advantage” (Teece, Pisano, & Shuen, 1997, pp.509) This question has puzzled academics and preoccupied managers for the last century. Yet, it seems there is still no consensus regarding the meaning of strategy, and how strategy works. Type in the word “strategy” on and 76......,133 books apply. Type it in on Google scholar and 8,580,000 homepages apply3. Obviously, strategy is an important subject. However, the subject also seems to be difficult to perceive. Although this thesis is not about strategy, or strategizing, I would like to pursue the definition of strategy one step...

  1. Westinghouse Hanford Company Engineering Indoctrination Program

    Hull, K.J.


    Westinghouse Hanford Company has recognized that a learning curve exists in its engineering design programs. A one-year training program is under way to shorten this learning curve by introducing new engineers, both recent graduates and experienced new hires, to both company standards and intuitive engineering design processes. The participants are organized into multi-disciplined teams and assigned mentor engineers who assist them in completing a team project. Weekly sessions alternate between information presentations and time to work on team design projects. The presentations include information that is applicable to the current phase of the design project as well as other items of interest, such as site tours, creative thinking, and team brainstorming techniques. 1 fig


    Adriana Florina POPA


    Full Text Available Accounting globalization follows the transformation of the accounting system into an economic and financial model, able to inform more correctly and rapidly the users of the accounting information, amongst which the investors and the creditors are clearly delimited. Within this context, the need of a harmonized and well oriented accounting system has become imperative. The adoption of a set of international accounting standards in Europe is intended to provide uniform and high quality financial information on the financial markets which would consolidate the global market efficiency, reducing the cost of capital accessing for European companies. There are numerous opinions according to which the IFRS adoption could be an element of abolishing the discrepancies between the accounting systems, offering at the same time a high level of transparency of the financial information. Our objective is to analyze the opportunity of implementing the IAS/IFRS referential by the Romanian companies, as well as their instant reaction within this context.

  3. Space Detectives

    Tyszka, Steph; Saraiva, Jose; Doran, Rosa


    NUCLIO is a Portuguese non-profit organization with a strong record of investing in science education and outreach. We have developed and implemented many activities mostly directed to a young audience, in a bid to awaken and reinforce the interest that young people devote to Astronomy and all things spatial. In this framework, we have created a week-long program called Space Detectives, supported by the Municipality of Cascais, based on a story-line that provided a number of challenges and opportunities for learning matters as diverse as the electro-magnetic spectrum, means of communication, space travel, the martian environment, coding and robotics. We report on the first session that took place in December 2016. We had as participants several kids aged 9 to 12, with a mixed background in terms of interest in the sciences. Their response varied from enthusiastic to somewhat less interested, depending on the nature of the subject and the way it was presented - a reaction not necessarily related to its complexity. This week was taken as something of a trial run, in preparation for the European Commission- funded project "Stories of Tomorrow", to be implemented in schools. The individual activities and the way they were related to the story-line, as well as the smooth transition from one to the next, were subject to an analysis that will allow for improvements in the next installments of this program. We believe this is an excellent approach to the goals of using Space and Astronomy as an anchor for generating and keeping interest in the scientific areas, and of finding new and richer ways of learning.

  4. Space polypropulsion

    Kellett, BJ


    Full Text Available understandably, fallen by the wayside. NASAs putative atom bomb propelled mission, coincidently also baptized ORION, was also curtailed. And last of all, the use of lasers for propulsion remains firmly “stuck in the doldrums.” This mode of access to space...) Except for LOX, very polluting. V. high ζ Launch costs: $20,000/kg. Gas guns. 1 1-4 km/s Most of the system mass stays on the ground. Recoil problems. Large NASA gas gun project abandoned. (too many “g’s”) E-M guns: rail/coil. 1.5 1-10 km...

  5. Space Technospheres

    Vidmachenko, A. P.; Steklov, A. F.; Primak, N. V.


    Two main tendencies of making the Solar System habitable are regarding nowadays: (1) making objects of the Solar System habitable; and (2) making the space of the Solar System habitable. We think that it's better to combine them. We should dezine and build settlements ('technospheres') on such objects as asteroids and comets, using their resources. That is, it is necessary to create 'space technospheres' - a long-termed human settlements in the space. To save energy resources it is necessary to use Near-Earth asteroids enriched with water ice (i. e. extinguished comets) with Near-Earth orbits. To realize listed conceptions it is necessary to decrease (up to 100 times) the cost price of the long-termed settlements. That's why even average UN country will be able to create it's own space house - artificial planet ('technosphere') and maintain life activities there. About 50-100 such artificial planets will represent the future civilization of our Solar System. At the same time Earth will stay basic, maternal planet. There is an interesting problem of correcting orbits of that objects. Orbits can be changed into circular or elongated to make them comfortable for living activities of 5000-10000 settlers, and to maintain connection with maternal planet. Technospheres with the elongated orbits are more advantageous to assimilate the Solar System. While technospheres with circular orbits suit to the industrial cycle with certain specialization. The specialization of the technosphere will depend on mine-workings and/or chosen high-technology industrial process. Because it is profitable to convert raw materials at the technosphere and then to transport finished products to the maternal planet. It worth to be mentioned that because of the low gravitation and changed life cycle technosphere settlers, new 'Columb' of the Solar System will transform into new mankind. It will happen though it is difficult to imaging this. Because long ago, when fish left the ocean, they didn

  6. Space exploration


    Space Exploration, is one book in the Britannica Illustrated Science Library Series that is correlated to the science curriculum in grades 5-8. The Britannica Illustrated Science Library is a visually compelling set that covers earth science, life science, and physical science in 16 volumes.  Created for ages 10 and up, each volume provides an overview on a subject and thoroughly explains it through detailed and powerful graphics-more than 1,000 per volume-that turn complex subjects into information that students can grasp.  Each volume contains a glossary with full definitions for vocabulary help and an index.

  7. Space Pharmacology

    Wotring, Virginia E


    Space Pharmacology” is a review of the current knowledge regarding the use of pharmaceuticals during spaceflights. It is a comprehensive review of the literature, addressing each area of pharmacokinetics and each major physiological system in turn. Every section begins with a topic overview, and is followed by a discussion of published data from spaceflight, and from ground experiments meant to model the spaceflight situation. Includes a discussion looking forward to the new medical challenges we are likely to face on longer duration exploration missions. This book is a snapshot of our current knowledge that also highlights areas of unknown.

  8. Open source in Finnish software companies

    Seppä, Arto


    This paper explores survey data focusing on open source software supply collected from 170 Finnish software firms using descriptive statistical analysis. The first half of the report contains general data about software companies and the differences between proprietary and open source firms. The second half focuses on open source firms. A subject of analysis are copyrights, products and services supply, the firms’ relationships with the open source community, and their views on opportunities ...

  9. Japanese Intercultural Communiccative Strategies in Multinational Companies

    大山, 中勝


    The purpose of this study is to describe, from a sociolinguistic perspective, major language functions during which Japanese-American communication occurs in multinational companies in the United States. Comparing communication problems across major language functions and research memos, five major themes emerged: (1)foramlity; (2)social hierarchical distinctons; (3)ambiguous communication strategies; (4)consensus making; and (5)language attitudes. This paper also aims to identify the intercu...

  10. Japanese Intercultural Communication Strategies in Multinational Companies

    大山, 中勝


    The purpose of this study is to describe, from a sociolinguistic perspective, major language functions during which Japanese-American communication occurs in multinational companies in the United States. Comparing communication problems across major language functions and research memos, five major themes emerged: (1)foramlity; (2)social hierarchical distinctons; (3)ambiguous communication strategies; (4)consensus making; and (5)language attitudes. This paper also aims to identify the intercu...

  11. Biomass utilization at Northern States Power Company

    Ellis, R.P.


    Northern States Power Company (open-quotes NSPclose quotes) generates, transmits and distributes electricity and distributes natural gas to customers in Minnesota, Wisconsin, North Dakota, South Dakota and Michigan. An important and growing component of the fuel needed to generate steam for electrical production is biomass. This paper describes NSP's historical use of biomass, current biomass resources and an overview of how NSP plans to expand its use of biomass in the future

  12. Inventory of nanotechnology companies in Mexico

    Appelbaum, Richard; Zayago Lau, Edgar; Foladori, Guillermo; Parker, Rachel; Vazquez, Laura Liliana Villa; Belmont, Eduardo Robles; Figueroa, Edgar Ramón Arteaga


    This study presents an inventory of 139 nanotechnology companies in Mexico, identifying their geographic distribution, economic sector classification, and position in the nanotechnology value chain. We find that the principal economic sector of nanotechnology-engaged firms involves the manufacture of chemical products, which largely serve as means of production (primary or intermediate materials; instruments and equipment) for industrial processes. The methodology used in this analysis could be replicated in other countries without major modifications.

  13. Franchising: creation of companies, relevant aspects

    Castro, Silvio César de; Cesumar


    Since franchising is a formatted business, it is usually presented as a guaranteed successful business. In this system, the company works around a packet of products or services. But the system has its advantages and disadvantages, being possible to present a few fundamental differences between inserting business in a franchise type and a traditional business. In the traditional one the entrepreneur needs to be aware of the innovations and a series of other factors, mainly because it does not...

  14. Factors Affecting Internationalization of Indonesia Franchise Companies

    Halim, Erwin


    Franchise is one of successful business strategies in business expansion. Franchise format has been already adopted in all countries. The success is proven in the world and also in Indonesia. Franchise system can be implemented not only in franchisor country but also in other countries. The spirit of internalization is not only because of market saturated, but also to increase reputation of franchise companies and to follow competitors or customers. Important thing discussed in this research ...




    Full Text Available The coffee shop industry in the U.S. includes 20,000 stores with combined annual revenue of about $11 billion. Major companies include Starbucks, Dunkin’ Donuts, Caribou, Coffee Bean and Tea Leaf, and Diedrich (Gloria Jean’s. The industry is highly concentrated at the top and fragmented at the bottom: the top 50 companies have over 70 percent of industry sales. Coffee is one of the world’s largest commodities. The top green coffee producing countries are Brazil, Colombia, and Vietnam. Many grower countries are small, poor developing nations that depend on coffee to sustain local economies. The U.S. is the world’s largest importer of green coffee beans and the largest consumer of coffee. The main objective of this study is to investigate the competitive strategies that U.S. coffee franchise companies adopt considering customers’ expectations and industry best practices. In order to achieve this objective, a best practice benchmarking analysis was performed taking into account the top U.S. coffee companies This analysis showed that product and service innovation are necessary in order to stay competitive in the market and attract new or to keep existing customers successfully. Many customers focus on the special atmosphere each store has and which is characterized by the location, music, interior design, seating or whether internet access is provided. Particularly for specialty coffee shops it is important not to sell only the beverage but the whole experience. Coffee shops have to establish a unique image that prevents customers from buying products from another shop or use home-brewing systems which are also on the rise in American households. In addressing the increased level of competition, every company’s focus should be on differentiating from the rest of the market in every possible business segment (products, atmosphere, location, image etc..


    Ionescu (Sas Mihaela


    Full Text Available This paper aims to contribute to a better knowledge of the problems of energy services provided that both the international economic literature and in the Romanian, it continues to be addressed in a low position. Therefore, the author examines energy services through mechanisms that can be saved primary energy and final energy in the context of declining energy reserves worldwide. Economic and financial crisis and the current recession contribute to preventing the development of the energy services market and solutions on the framework conditions of political, economic, legal and financial aspects of energy performance contracts associated with these companies. Some Member States have already established a system requiring the national energy industry to achieve energy savings, achieving positive results: there were savings of up to 6% of final energy consumption. In a system of this type, utilities are required to obtain a fixed amount of energy savings by implementing energy efficiency improvements in their clients (such as households, companies, government or housing associations and other sectors and energy production and transport. As an alternative to savings by themselves, some systems allow utilities to purchase energy savings from other actors such as energy service companies (ESCOs. Energy saving obligations stimulate providers to change their business model from retail energy products to the provision of energy services. Energy Service Companies continues to be a key area for financing energy efficiency in the EU. In this respect, several Member States mention providing model contracts for energy services, the introduction of legislation or removing legal barriers for ESCO access to energy services in the public sector. Meanwhile, many of the measures encouraged on ESCO contain too little detail on specific actions to be taken.

  17. Marketing communication in Finnish industrial companies

    Vuorio, Mikko


    Marketing communication has a significant role for profitable businesses in industrial markets, and its role is only expected to rise in the future. Especially, integrated marketing communication (IMC) and customer-oriented approach are universally regarded fundamental developments in the field of marketing. Secondly, Finnish companies’ marketing competences are commonly considered insufficient in general. The purpose of this study was to describe how Finnish industrial companies execute t...

  18. Analysis of employee satisfaction in the company

    Baraćová, Kristina


    The thesis is focused on employee satisfaction. The goal of my work is to analyze employee satisfaction within the chosen organization to determine potential sources of dissatisfaction and suggest possible solutions that can increase job satisfaction of the company's employees. In the theoretical part I define the concept of job satisfaction and factors that have an influence on it. The next section describes the methodological approach and the method of data acquisition and processing proced...

  19. Growth strategy for an emerging biopharmaceutcal company

    Winsborrow, Beatrice Gay


    Inimex Pharmaceuticals, Inc. is a privately held biopharmaceutical company dedicated to the discovery, development and commercialization of new human medicines based on the selective modulation of the innate immune response. Since Inimex’s background is in human drug development, no formal animal health activities have been a part of Inimex operations. This initial analysis shows that Inimex has opportunity in the animal health market. Inimex is in a good place to evaluate a potential re...

  20. Inventory of nanotechnology companies in Mexico

    Appelbaum, Richard; Zayago Lau, Edgar; Foladori, Guillermo; Parker, Rachel; Vazquez, Laura Liliana Villa; Belmont, Eduardo Robles; Figueroa, Edgar Ramón Arteaga


    This study presents an inventory of 139 nanotechnology companies in Mexico, identifying their geographic distribution, economic sector classification, and position in the nanotechnology value chain. We find that the principal economic sector of nanotechnology-engaged firms involves the manufacture of chemical products, which largely serve as means of production (primary or intermediate materials; instruments and equipment) for industrial processes. The methodology used in this analysis could be replicated in other countries without major modifications