Will the Long-run Global Supply of Industrial Minerals be Adequate? A Case Study of Iron, Aluminium and Copper

1980 ◽  
pp. 85-104
Author(s):  
Marian Radetzki
Keyword(s):  
Industrial Minerals ◽  
Long Run

Dealing with Misselling: Impact of Behavioural Interventions on Insurance Agents

2021 ◽  
pp. 263145412098771
Author(s):  
Biju Dominic ◽  
Reshmi
Keyword(s):  
Control Mechanism ◽  
Self Control ◽  
Insurance Company ◽  
Ethical Challenges ◽  
Behavioural Interventions ◽  
Insurance Agents ◽  
Insurance Policies ◽  
Ethical Violations ◽  
Long Run

This case study is about misselling of insurance policies and associated ethical challenges in a leading insurance company. Pro-organisational ethical violations mostly remain unnoticed and are often protected by implausible explanations. In the long run, persistent rationalisation makes malpractices a norm. The present work describes the interventions applied by a consulting firm to bring behavioural integrity. The consulting firm found that socialisation, rationalisation and institutionalisation considerably influenced people’s behaviour at the workplace and normalised unethical behaviour of insurance agents. It architected the behaviour of salespeople by specifically designed interventions through self-control mechanism and nudges. These interventions developed integrity in employees and reduced the number of cautions, warnings and terminations.

Integrated Training Solutions: An Effective Tool to Synchronize People and Maintenance (U.S. Navy LCAC Case Study)

2012 ◽  
Author(s):  
Maurice Hartey ◽  
Thomas Bodman ◽  
Arlene Korn
Keyword(s):  
Life Cycle ◽  
Life Cycle Cost ◽  
Training Programs ◽  
Operating Time ◽  
Life Cycle Management ◽  
Cost Driver ◽  
Maintenance Costs ◽  
Knowledge And Skills ◽  
Long Run

Maintenance, especially in a Marine environment, is continuous and costly. Life Cycle Management of a Marine Gas Turbine system encompasses many costs, of which repair parts, labor and equipment downtime associated with failures and maintenance are a significant portion. In fact, people (labor) make up the largest component of overall maintenance costs. Investing in people the largest cost driver to life cycle cost has a direct return in the long run, in terms of maintenance effectiveness and efficiencies. Applying and reinforcing knowledge and skills in a maintenance environment translates to improved reliability outcomes, longer operating time, fewer parts needs, and ultimately costs savings. However, given today’s constrained fiscal environment, the value of spending money for training rather than buying more parts or applying more maintenance, may not appear obvious. Such thinking is short sighted, and ultimately leads to reduced reliability and increased maintenance in the long run. This paper will explore these areas, and recommend how training programs can be effective predictive, proactive and responsive.

scholarly journals A Case Study of S-Curve Analysis: Causes, Effects, Tracing and Monitoring Project Extension of Time

2021 ◽  
Vol 7 (4) ◽  
pp. 649-661
Author(s):  
Habib Musa Mohamad ◽  
Mohamad Ibrahim Mohamad ◽  
Ismail Saad ◽  
Nurmin Bolong ◽  
J. Mustazama ◽  
...  
Keyword(s):  
Construction Projects ◽  
Curve Analysis ◽  
Sustainable Construction ◽  
Life Project ◽  
Contract Administration ◽  
Long Run ◽  
Application Techniques ◽  
S Curve ◽  
Project Delay

S-Curve analysis in the construction interpreted as managing project with knowledge and traceable in the context of sustainable construction while displays the cumulative costs, labour hours or other quantities plotted against time. In the contract administration, delays in completing a construction project led to the breach of contract but, in contracts itself allow the construction period to be extended where there are delays that are not the contractor's fault. Under those circumstances, a presentation of a case-study regarding the analysis of S-Curve of a life project drew comparative interpretation of project performance towards project delivery schedule has been conducted in private initiative project. This study aims to investigate and examine the factors that cause delays in construction projects from the perspective of S-curve representations. The paper aims to provide in depth light about the existing causes of project delay and describe the key sources of financing problem and identify the consequences of contraventions of contract. Two distinct parts divided which are refers to the methods used to assess the perceptions of clients, consultants, and contractors on the relative importance of causes of delay in a project and referred to the procurement and documentation to analyse the delay. As a result, an Extension of Time (EOT) granted and identically changed the progress towards extension time where better planning demanded for improvement and restoration progress kept on track. This paper presented a practical and comparative S-Curve within extension of time to ensure delivery of project on schedule. In the long run, the identified causes are combined into 16 factors. Finally, the result of this match was brought in order to critically understand and provide a guideline to contractor in preparing EOT application and choose reliable factor based on the specific circumstances of project delay factors thorough review conducted to reveal the nature of EOT application techniques. Doi: 10.28991/cej-2021-03091679 Full Text: PDF

scholarly journals Air Asia: From Regional to Global

2021 ◽  
Vol 9 (1) ◽  
pp. 1-5
Author(s):  
Dr. Khaliq Ahmad Mohammad
Keyword(s):  
Low Cost ◽  
The Philippines ◽  
Operating Costs ◽  
Economic Downturn ◽  
Long Run ◽  
Low Cost Carrier ◽  
Strategic Options ◽  
Tourism And Hospitality Industry ◽  
Tourism And Hospitality

In February 2009, Tony Fernandez, the founder of AirAsia was not bothered by the company’s mass order of 175 new aircraft for its AirAsia-X long-haul services. He could not resist the concern over the aircraft deferment to Thailand and Indonesia in 2011 because of the relocation of the low-cost carrier terminal in Sepang before AirAsia was forced to move to KLIA2. Such a situation would surely increase its operating costs exponentially. He also knew he was facing an economic downturn and the high competition, particularly for his AirAsia-X business. Major rivals of AirAsia-X in the region were Singapore Tiger Airways, Cebu Pacific Air of the Philippines and a global competitor was EasyJet in Europe had just launched aggressive campaigns and promotions which would affect its long-haul business. He was certain that the company would achieve his dream to spread its wings all over the world. However, he realized that the company’s operating costs and competition with other airliners that joined the club of no-frills airlines based on a national and international level presently had escalated. He knew he had to act now. If you were Tony Fernandez, what would you do in this scenario was a question that needs an answer? This is an issue of strategic choice of divesting or integration as the strategic options are limited in the short as well as long run. The AirAsia case study has the main objective of sharing impact of the covid-19 pandemic devastating impact on the airliners. It is a significant study in terms of impact on economy, tourism and hospitality industry in general and Malaysia in particular.

scholarly journals A case study of the residual-based cointegration procedure

2003 ◽  
Vol 7 (1) ◽  
pp. 29-48
Author(s):  
Riccardo Biondini ◽  
Yan-Xia Lin ◽  
Michael Mccrae
Keyword(s):  
Time Series ◽  
Financial Time Series ◽  
Real Life ◽  
Arima Models ◽  
Financial Time ◽  
Long Run ◽  
Data Generating Process ◽  
Finance Theory ◽  
The Relationship

The study of long-run equilibrium processes is a significant component of economic and finance theory. The Johansen technique for identifying the existence of such long-run stationary equilibrium conditions among financial time series allows the identification of all potential linearly independent cointegrating vectors within a given system of eligible financial time series. The practical application of the technique may be restricted, however, by the pre-condition that the underlying data generating process fits a finite-order vector autoregression (VAR) model with white noise. This paper studies an alternative method for determining cointegrating relationships without such a pre-condition. The method is simple to implement through commonly available statistical packages. This ‘residual-based cointegration’ (RBC) technique uses the relationship between cointegration and univariate Box-Jenkins ARIMA models to identify cointegrating vectors through the rank of the covariance matrix of the residual processes which result from the fitting of univariate ARIMA models. The RBC approach for identifying multivariate cointegrating vectors is explained and then demonstrated through simulated examples. The RBC and Johansen techniques are then both implemented using several real-life financial time series.

Memory as National Values

2021 ◽  
pp. 120-148
Author(s):  
Kathrin Bachleitner
Keyword(s):  
Collective Memory ◽  
Refugee Crisis ◽  
Collective Memories ◽  
Course Of Action ◽  
Long Run ◽  
Large Numbers ◽  
National Values ◽  
Conscious Choice ◽  
The Relationship

This chapter places collective memory at the source of a country’s values. In that regard, it enquires into the nature of normative obligations arising from memory. Based on moral-philosophical considerations, it finds normativity in the ‘processes surrounding memory’ described in the temporal security concept. Over time, the relationship between collective memory, identity, and behaviour generates a ‘duty to act’ for countries in the sense of ‘ought’. This last and most diffuse impact of collective memory unfolds and persists into the long run. Through it, collective memory, entirely outside the realm of conscious choice, channels behaviour towards one good course of action. To illustrate this, the empirical study picks up the case countries, Germany and Austria, at a late point in time. In 2015, large numbers of refugees arrived at their borders during what became known as the ‘European refugee crisis’. In this ‘critical situation’, both countries were required to react and thus position themselves vis-à-vis the highly normative issue of asylum. With the help of a content analysis of official speeches, the case study demonstrates how German and Austrian politicians came to identify different versions of what a good response entails based on their country’s diverse collective memories.

Labor shares and inequality: insights from Italian economic history, 1895–19701

2020 ◽  
Author(s):  
Giacomo Gabbuti
Keyword(s):  
Income Distribution ◽  
Economic History ◽  
Italian History ◽  
The Past ◽  
Self Employment ◽  
Long Run ◽  
Short Run ◽  
Functional Distribution ◽  
Distribution Of Income

Abstract This article develops theoretical and practical motivations for studying the functional distribution of income in the past. Italy is adopted as a case study, because of the availability of long-run estimates on personal inequality and of the long-lasting incidence of self-employment. New labor shares for 1895–1970 show Italian workers accruing a low share of income until 1945; by the end of the 1950s, they rapidly converged to the European average. Italian history shows that functional income distribution deepens our understanding of long- and short-run distributional trends and makes a compelling case for approaching inequality by combining diverse sources and methodologies.

ASSESSING THE LINKAGES BETWEEN THE ELECTRICITY CONSUMPTION AND ECONOMIC FACTORS IN A LANDLOCKED ECONOMY: CASE STUDY OF LAO PDR

2020 ◽  
pp. 1-25
Author(s):  
NISIT PANTHAMIT ◽  
CHUKIAT CHAIBOONSRI
Keyword(s):  
Bayesian Inference ◽  
Lao Pdr ◽  
Energy Resource ◽  
Electricity Consumption ◽  
Energy System ◽  
Relationship Analysis ◽  
Explanatory Factors ◽  
Long Run ◽  
Short Run

This research paper aims to investigate linkages of electricity consumption representing energy security with estimated factors — GDP, population and foreign direct investment (FDI) during 1998–2018 for Laos People Democratic Republic (Lao PDR) by using ARDLbased Bayesian inference. This study provided empirical evidence on a long-run linear relationship analysis under ARDL-based Bayesian inference, which concludes that they have performed real relationships between electricity consumption, GDP, population and FDI. In addition, in the short-run, it was found that explanatory factors have both negative and positive impacts on Laos’ electricity consumption. The results confirm the hypothesis that although Lao PDR has access to domestic energy resources, only relying on one energy resource will make the energy system insecure. Thus, Lao PDR must develop substantial infrastructures and alternative renewable energies to support the campaign of Lao PDRs electricity security in the long-run.

The Sicilian cooperative system of wine production

2020 ◽  
Vol 32 (3) ◽  
pp. 391-421
Author(s):  
Valeria Borsellino ◽  
Francesca Varia ◽  
Cinzia Zinnanti ◽  
Emanuele Schimmenti
Keyword(s):  
Strategic Alliances ◽  
Strategic Alliance ◽  
Cooperative System ◽  
Agricultural Policies ◽  
Strategic Choices ◽  
Wine Production ◽  
Content Type ◽  
Structural Problems ◽  
Long Run

Purpose The purpose of this paper is to verify whether, besides the traditional organisational models mainly implemented by wine-making cooperatives, more modern and hybrid organisational forms can be profitably applied within an increasingly competitive wine market. Design/methodology/approach The study outlined in this paper deployed a mixed method. Specifically, an archived analysis, a survey and a descriptive case study (including visits, interviews and documentary analysis) were the methodological techniques used in this study, which were “in series but integrated” between themselves. In this paper, the landscape of Sicilian wine cooperatives is described by collating and processing different types of statistical sources, which have been integrated by direct surveys undertaken in 2017. Thereafter, the study focussed on a wine cooperative with a specific business model and a strategic edge by analysing its strategic choices and main structural and governance characteristics. Within this case study, a financial ratio analysis, which was based on 2011-2017 financial statements, was conducted to analyse the profitability, financial balance, capital structure and debt relationships of the wine cooperative. Findings The Sicilian wine cooperative system is still predominantly characterised by partial and vertical integration, implemented by cooperatives which elect to sell mainly bulk wine to wine merchants. In such a context, there is scope for other degrees of integration and strategic inter-firm alliances; the latter includes “vertical quasi-integration”. The study demonstrated how the wine cooperative under investigation is overcoming the structural problems of the regional wine sector and why it is retaining such a strategic alliance with one of the most important Italian wine conglomerates. Indeed, it has acquired greater strength and reliability since its collaboration with the aforementioned wine company. Thus, total revenue and the company’s market share of packaged wine have increased. However, there are still margins for improving sales’ profitability. Research limitations/implications This study has territorial limitations but Sicilian wine cooperatives generally play an important role in the regional, Italian and European wine industries. As such, this research should be considered as an exploratory study, deserving further investigation into different strategic choices within the wine cooperative system by performing cross-case comparisons. Results may also be useful in orienting cooperative strategies in Sicily (or further afield) to small-to-medium wine cooperatives, often lacking specific abilities relating to the distribution, marketing and selling of their wine. Public agricultural policies may also be enlightened by these research pathways. Originality/value The authors contend that their study provides hitherto missing information relating to inter-firm strategic alliances, which wine cooperatives might implement to enhance their competitiveness and survive in the long-run.

Challenges and Solutions to Air Transportation in Guinea: A Case Study on the Revival of the National Airline

2019 ◽  
Vol 54 (6) ◽  
pp. 858-879
Author(s):  
Zhao Xu ◽  
Mamoudou Dioumessy
Keyword(s):  
Economic Growth ◽  
Air Transportation ◽  
Air Transport ◽  
Diagnostic Analysis ◽  
Current State ◽  
Long Run ◽  
Positive Spillover ◽  
Set Up

After the dissolution of the first national airline in 2002, the Guinean government attempted to set up Guinea Airlines, but it was unsuccessful. This study aims to analyze the current state of air transport in Guinea and to conduct a diagnostic analysis for the revival of the national airline. The objective is to explore the causes of the failures of various attempts to revive the national company. The findings show that air transport has a positive spillover externality to economic long-run growth and the revival of Guinea Airlines could be a major asset to boost the country’s economic growth.

Sign in / Sign up

Export Citation Format

Share Document