Management evaluation of the current impact of emerging industry and market on oil and gas industry and wider sector report
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Task A (1000 words)With reference to the pillars of emerging themes as discussed in your lectures.Present a critical evaluation of the current impact of emerging industry and market on oil and gas industry and wider sector.
The four pillars of emerging themes are SOCIETY,WORK ENVIRONMENTS,TECHNOLOGY AND MARKET&INDUSTRY.Explain how each pillar affects each other in relation to oil and gas industry.
Task B -(1750 words) Read the article attached in the file uploaded area and from the view point of your discipline (oil and gas management) present a report tailored to your specialism of study. My specialism is health and safety in the oil and gas management.
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Sociology of Developing Countries class. Must be 300 words must cite work.
Every country in the world is constructed around the same set of institutional frameworks that differ only in how governments manage them. Identify the specific components of an institution. Next, use two (2) examples of institutions —such as a financial system, a judicial system, or the armed forces — to illustrate what developing countries overall have done to weaken or strengthen such institutions.
Researchers have investigated the preferences over dinner and they have found that they take the following form:
U = – 75 Chicken + 70 Steak + 95 Fish – 54 Costs
Costs= cost in dollars of the dinner
Chicken= amount of chicken in pounds
Steak= amount of steak in pounds
Fish= amount of fish in pounds
Given this information, what is the marginal utility of fish?
The World of Videos operates a retail store that rents movie videos. For each of the last 10 years, World of Videos has consistently earned profits exceeding $30,000 per year. The store is located on prime real estate in a college town. World of Videos pays $2,400 per month in rent for its building, but it uses only 50 percent of the square footage rented for video rental purposes. The other portion of rented space is essentially vacant. Noticing that World of Videos only occupies a portion of the building, a real estate agent told the owner of World of Videos that she could add $1,500 per month to her firm’s profits by renting out the unused portion of the store. While the prospect of adding an additional $1,500 to World of Videos’s bottom line was enticing, the owner was also contemplating using the additional space to rent video games. What is the opportunity cost of using the unused portion of the building for video game rentals?
Opportunity cost is the cost of foregone alternative. It is the loss of potential gainfrom other alternatives when one alternative is chosen.The world of videos pays rent of $2,400 per month and…
An advantage of stabilizing macroeconomic policy over economic self-correction is that:A. stabilization policies achieve potential output with a lower aggregate price level.B. economic self-correction can take several years, while stabilization policies can probably act faster.C. economic self-correction affects the aggregate price level but not the aggregate output level.D. stabilization policies are particularly effective to address supply shocks
Budig, Michelle and Paula England, The Wage Penalty for Motherhood, American Sociological Review, v.66 (2001): 204-225. Butz, William and Michael Ward, The Emergence of Countercyclical U.S. Fertility, American Economic Review, v. 69 (1979): 318-328. Caucutt, Elizabeth, Nezih Guner and John Knowles, Why Do Women Wait?
Suppose a consumer has a utility function defined by U = X1/2Y1/2 (MRS = Y/X) and she has an income of $312. Suppose this individual faces the following prices, PX = 13 and PY = 12. If the price of good Y goes up to PʹY = 13, while everything else remains the same, find the value of this consumer’s equivalent variation (EV).
Assume that the sticky price theory holds. If the SRAS is Y=Y*+2[P-E(P)] and the fraction of firms with sticky prices is 0.2, then the price set by firms with flexible prices is:
(a) Pf = P + 0.5(Y-Y*)
(b) Pf = P + 0.8(Y-Y*)
(c) Pf = P + 0.125(Y-Y*)
(d) Pf = 0.8E(P)
Note: Pf = P + a(Y-Y*)