...Client Alert Global Mining and Metals Industry Group April 2013 Glencore’s Long March to Take Over Xstrata First published in Mining Journal, April 2013 At long last, Glencore has overcome the final regulatory hurdle and secured the approval of China’s Ministry of Commerce (MOFCOM) to acquire the 66 percent of Xstrata that it does not already own. But not before agreeing to part with one of the prized assets in Xstrata’s portfolio, the Las Bambas copper project in Peru. If no suitable buyer for Las Bambas is found by September 2014, Glencore will have to auction off one of its other copper assets of MOFCOM’s choosing. To clinch MOFCOM’s blessing of the deal Glencore also committed to continue offering longterm supply arrangements to sell copper concentrate to Chinese customers, as well as somewhat less stringent supply commitments on zinc and lead concentrates. It has been a long road for Glencore and Xstrata who announced their plan to combine in February last year. They have had to navigate the merger review processes in several major jurisdictions, which can frustrate the most patient of company executives. Glencore’s acquisition of Xstrata will unite one of the world’s largest producers and traders of commodities and one of the largest mining companies globally – but at what price? It was no surprise that competition authorities in those countries and regions most affected would closely scrutinize the deal. The transaction had to be approved by merger control authorities...
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...Property Outline 1. Concept of Property a. Res = a thing or object, a piece of property b. 6 theories used to Justify the private property system i. The Economic Theory 1. Private rights arise in property based on external cost factors seeking to maximize societal efficiency ii. The Occupation Theory 2. Occupation or Possession of a thing justifies legal protection iii. The Labor Theory 3. Moral right to ownership or control over things produced from one’s labor iv. The Contract Theory 4. Private property is a result of contracts between individuals and the community v. The Natural Rights Theory 5. “natural law” dictates the recognition of private property vi. The Social Utility Theory 6. The law should promote the maximum fulfillment of human needs and aspirations, and private property is on of those needs c. The Bundle of Rights (D.U.P.E.D) vii. Property consists of the following rights in regards to a “res” or thing 7. Right to Dispose of property (alienate/transfer) 8. Right to Use how you want 9. Right to Possess how you want 10. Right to Exclude others from your property 11. Right to Damages from others who violate your bundle viii. The more of the above rights that one has in regards to a res, the greater the significance of...
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...Appendix ‘A’ FINANCIAL PLANNING 1. Library: 1. Books: |S.No. |Type |New Titles Required |Volume of New Titles |Cost per Unit |Total Costs |Remarks | | | | |Required | | | | |1 |Paper Back |1200 |1200 | Rs.1500/-Aprox cost | 18 Lacs | Common to ASAP | | | | | | | |& ASD | |2 |Electronic | | | | | | 2. Journals: |S.No. |Type |New Titles Required |Volume of New Titles |Cost per Unit |Total Costs |Remarks | | | | |Required | | | | |1 |Paper Back | 4 | 4 | Rs.250/- | Rs.4000/- | Common to ASAP | | | | | ...
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...Case Study 4 CARVIN vs. ARKANSA POWER AND LIGHT, 14 F.3d 399, 1993 U.S. Court of Appeals for Eighth Circuit You be the Judge By: Jenny Wagner December 23, 2009 Did the easement relieve Arkansas Power and Lights from liability for flooding? Yes, Arkansas Power and Light should not be held liable for damage to property cased by flooding where an easement existed. In 1923-1947 Arkansas Power and Light (AP&L) constructed several dams on two Arkansas lakes, Hamilton and Catherine. AP & L obtained “flood easements” on property adjoining the lakes. AP&L sold lake side property and kept the easement in force. These flood easements permitted AP&L to “clear of trees, brush, and other obstruction and to submerge by water” certain acreage, which was described exactly, AP&L properly recorded the easements and when the current landowner bought lakeside property they were aware of the documents (Beatty, 2009, p. 455). In May of 1990, extraordinarily heavy rains caused water to reach the highest levels ever recorded. To prevent flooding to a wider area, AP&L opened the gates of Carpenter Dam causing Lake Catherine to flood which caused damage to several houses built on AP&L’s easement. Several home owners’s subsequently sued AP&L for causing the damage. AP&L should not be held liable for the damage caused by the flooding because the sole purpose for having the easements was to allow AP&L to flood the property. An easement gives one person the...
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...into it. A. Page Layout Your paper must use a page size corresponding to A4 which is 210mm (8.27") wide and 297mm (11.69") long. The margins must be set as follows: • Top = 19mm (0.75") • Bottom = 43mm (1.69") • Left = Right = 14.32mm (0.56") Your paper must be in two column format with a space of 4.22mm (0.17") between columns. III. Page Style All paragraphs must be indented. All paragraphs must be justified, i.e. both left-justified and right-justified. A. Text Font of Entire Document The entire document should be in Times New Roman or Times font. Type 3 fonts must not be used. Other font types may be used if needed for special purposes. Recommended font sizes are shown in Table 1. B. Title and Author Details Title must be in 24 pt Regular font. Author name must be in 11 pt Regular font. Author...
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...COM 101 Essay 2 – Are We Desensitized? LENGTH: 2 -3 Pages (aim for the very bottom of the 2nd page at least) DUE DATE: Rough Draft: Thursday, 10/1 on BB Final Draft: Tuesday, 10/13 on BB ASSIGNMENT: With our current section of articles, we’ve been discussing the concept of whether or not the younger generation (a.k.a. you guys) has been desensitized to things going on in the world. We’ve talked about this potential problem through a few different perspectives. We examined the argument about whether or not we’re desensitized to violence or death due to violent media, like video games. Then, we discussed whether or not we’re desensitized to suffering due to a feeling of helplessness, such as the belief that we can’t change things like economics or the government. Finally, we talked about technology and whether or not it has, in a sense, desensitized us to one another in the way that we interact thanks to new technologies like social media and cell phones. So, for your second essay, you’re going to answer the question of whether or not you believe the current generation is desensitized. However, in order to keep the paper focused and short (since it’s only 2-3 pages), choose just one of the perspectives to argue with or against. The perspective you choose will also determine which articles you use in your essay (you must use AT LEAST ONE). It breaks down much like this: Violence/Death – Narvaez, Jones, Eler Helplessness/Ineffectiveness – Leonhardt, McClelland...
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...Business hierarchy in Switzerland The Swiss appreciate sobriety, thrift, tolerance, punctuality and a sense of responsibility. This is reflected in the way they do business. The business climate is very formal and conservative and companies are structured in the traditional vertical manner. The culture of companies can vary somewhat, depending on whether they are in the German, French or Italian areas of Switzerland. Overall, one can say that decisions are taken at the top of the organisation. In most organisations employees have little responsibility, although this differs from one company to another. The many international companies in Geneva have a more American management culture, they are less hierarchic and employees hold more responsibility. Strategy Generally, the management of an organisation is at large responsible for the planning. Most companies use detailed planning with a tight schedule, although organisations in the French and Italian areas may have a more laid-back approach to strategy. Most of the planning is long term. Swiss business meetings Meetings are generally impersonal, brisk, orderly, planned and task-oriented. It is important to prepare yourself in advance of a business meeting. The Swiss tend to get right down to business after a few minutes of general discussion. Be aware of the fact that non-verbal communication, such as body language, is very important and varies from region to region in Switzerland. Note that organisation,...
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...Why Do Japanese Fall Asleep In Meetings? Santiago Puente Gallegos Intercultural Management 2341 March 9, 2016 Bill Louden Why Do Japanese Fall Asleep In Meetings? According to Rochelle Koop the reason why Japanese fall asleep in meetings is because “Japanese believe that by closing their eyes, they can hear more effectively, because they are screening out the visual stimulus and focusing only on the sound” (Koop, 2011, p.109). After I was reading this case study, and I wondered what would be my reaction if people stayed silent after I spoke? A lot of things came through my mind. For example, as a Hispanic I would think that Japanese falling asleep during my speech is rude and disrespectful. Probably, I would walk away and leave the office. But I have to consider that not all cultures and customs are the same as ours. On the other hand, I would put my mind working and begin thinking that Japanese are probably evaluating my speech, are visualizing my ideas, or that like the author states, “I’m so boring that this key person is sleeping” ( Koop, 2011, p.109). I have to think that in the business world, I might...
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...My property, that was once part of the Portage Quarry, has been owned by multiple people throughout the years. The land was first obtained by Sargent John Shade from the United States back in 1835. Since Sargent John the property has been owned by 13 other owners with the current owner being ABP LTD, who bought the property back in 2009. Throughout the years the types of owners have bounced around from first being owned by regular people throughout the 1800’s. To companies that owned the land for the resources that were available, like Shell Oil Company, who extracted oil or natural gas, or the Maumee Stone Company, who mined the rock from the quarry that is there today. Finally, with the current owners, ABP LTD, who wanted to rezone the land back in 2015 from a commercial property to an industrial property (Sentinel-Tribune, 2015). This piece of land has a lot of history behind it, being a great example of how the environment has changed over the years. This property, the entire area for that matter, teaches us how people were influenced by the resources that were available. This entire area, that was the Great Black Swamp was an untouched wilderness, that people saw as basically “Hell”. The people that lived near the swamp didn’t want to deal with it. They saw it as a burden. Till they saw the land as a commodity in the 1800’s, which led to a drastic change in the landscape. Once the inhabitants started to move into the swamp, taking and using the resources that the swamp...
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...format Sample IEEE Paper for A4 Page Size First Author#1, Second Author*2, Third Author#3 #First-Third Department, First-Third University Address Including Country Name 1first.author@first-third.edu 3third.author@first-third.edu *Second Company Address Including Country Name 2second.author@second.com Abstract— This document gives formatting instructions for authors preparing papers for publication in the Proceedings of an IEEE conference. The authors must follow the instructions given in the document for the papers to be published. You can use this document as both an instruction set and as a template into which you can type your own text. Keywords— Include at least 5 keywords or phrases I. Introduction This document is a template. An electronic copy can be downloaded from the conference website. For questions on paper guidelines, please contact the conference publications committee as indicated on the conference website. Information about final paper submission is available from the conference website. II. Page Layout An easy way to comply with the conference paper formatting requirements is to use this document as a template and simply type your text into it. A. Page Layout Your paper must use a page size corresponding to A4 which is 210mm (8.27") wide and 297mm (11.69") long. The margins must be set as follows: • Top = 19mm (0.75") • Bottom = 43mm (1.69") • Left = Right = 14.32mm (0.56") Your paper must be in two column format...
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...1. Name of the Company: SMC and A.Soriano Corporation 2. Timeframe: 1980’s 3. Point of View: Mr. Andres Soriano Jr., CEO 4. Summary * The two Companies, SMC and ANSCOR Group of Companies addressed a long felt need for an effective formal planning system. * The companies had developed their budgeting and long-range planning system. * They were not satisfied with their ability to respond to the rapid changes in the environment despite the advantages they gain from their budgeting and long-range planning system. * They sought the professional advice from a team of experts on strategic planning headed by Dr. Peter Lorange. 5. Statement of the Problem: What will be the best strategy that SMC and ANSCOR Group of Companies will take for them to be able to adapt to the rapid change in the environment? 6. TOWS Analysis THREATS | OPPORTUNITIES | WEAKNESSES | STRENGTHS | Rapid change in consumers preference | With the help of R&D, the company can improve their products | Poor strategic planning | Established its name in the industry | Highly competitive market | Exploring new markets for them to be the first in that market | Decentralization of the organization | They have hired qualified and experienced people | 7. ACA (Alternative Course of Action) a. The company need to give more attention in R&D for product improvement b. Centralization of organization for proper management c. Using machines instead...
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...Blogging Directions * Go to www.atkinsow8asdfasnmafdfarketingassociation.com/wp-admin and login with your user name and password. * Click on posts and add new. * Enter title and write your post in the space below the title * Be sure to run spell check!!! * Chose a category or categories - On the right side column - that match with what you wrote about. If there is no category that fits, you must login as an admin and add the category. * On each and every post you want on the homepage, you MUST chose the “All Article” category along with your category choice. * Fill out the Headspace box with the title and short description of the article. * Add tags: Click the “Yahoo Suggest” button and chose the tags that make sense for your post. * Save your post, but don’t post it yet! * Custom Fields: This makes it so an image rotates through on the home page. * First, find an image that you like to go with your post, but preferably something at least 586 by 261 in size so that it fits snuggly on the homepage. * Save your image to your desktop. * Click on the “Media” tab on the left column and click “add new”. * Select the file (wherever you saved it). * Change the file title name and click “edit image”. * Then click the “scale” button. * Change the width to 586 or height to 261 depending on the image so that at least one dimension fills up the rotating image and save the image. * Scroll...
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...Start Your Cover Letter With a Bang © Written By Jimmy Sweeney President of CareerJimmy and Author of the new, Amazing Cover Letter Creator If you're still reading, then I've caught your attention with the title. You can do the same with your job-search cover letters. Whether you call it a title or a headline, this little 'weapon' will hit the mark, pulling your reader right through your written communication from the first word to the last. Here's how to strike gold each time. Open your cover letter with a 'big bang'––a powerful headline––and yours may be the only one that makes it past the 'scan and trash' syndrome. Hiring managers are inundated with cover letters each day. If you want yours to stand out, grab their attention from the start. Sizzling titles are like a magnet––attracting the reader to the point where he cannot get away from it. He wants to read on because the headline is so compelling. A clever title that 'jumps' off the page scores every time! Titles and headlines do the hard work for you. Imagine the fabulous results YOU could enjoy if your cover letter opens with an exciting, can't-put-it-down headline that is so irresistible and unique, the hiring manager is actually eager to keep reading? The big bang headline is your passport to more quality job interviews in a hurry. You may be thinking it's difficult or that you're not clever enough to come up with a great headline. Not true. It's actually quite simple. I've provided some great examples to get...
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...easily identify the beginning and end of a section. b. White space- The white space between chunks is good. Some pages have too much white space that can be use for additional information. Information, warnings, or a tip is information that could be added in the extra white space. The white space allows the reader to know where a chunk of information ends and the next one begins. c. Sections- the sections in this user manual are good. The sections are separated by topic titles. Each section has sub sections under the section. The sections and sub-sections are well organized. When reader is looking for a specific info, the topic titles, sections, and sub-sections allow the reader to find the information without any difficulty. Similar sections are well distributed under same category topic titles. d. Headers/talking headings- In this user manual there are no headers or talking headers. This user manual has footers. The footers provide the topic title and page numbers. The topic title on...
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...Cultural Diversity If a United States business owner was to do business in China or France they would need to know a few helpful things. In China, being a guest it is important to know that they treat the guest with a great deal of kindness and respect. They allow the guest to do whatever they please because it is considered rude if they refuse a request they make; even smoking in their place of business if that is what the guest wanted to do. Chinese also believe the number four is bad luck so a person should avoid this number at all costs. If a person was to give a gift, the Chinese like things that are even numbers; except the number four. The numbers six and eight are considered very lucky, so if a person can incorporate those numbers they will do well. The personal space is a bit different, the Chinese get inside of your bubble. They stand very close, sit close, walk close to a person. The article on Chinahighlights.com says “In China a reasonable bodily separation may be virtually nonexistent. Therefore there is no “excuse me” or tap on the shoulder given when reaching across someone’s place at a table or pushing past on a crowded street.” Upon meeting someone in China shaking hands, nodding, or bow is also very common. Some instances when being introduced to a group the Chinese may greet you with applause, a person should applaud back. Also a person should greet the most senior person first and then descend from there. A person should not blow into a handkerchief and...
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