Whether a famous icon is a tycoon, musician or actor; rumors and scandals will always follow him around. However, the real reputation killer there are those who believe and spread the rumors, whether or not they are true. How to deal with these kind of rumors, you ask? Just keep calm and be positive.
Currently, the 31-year-old CEO of Calata Corporation, Joseph Calata, is dealing with rumors regarding his corporation. According to Calata Corp News, there had been reports that there was stock manipulation in the shares of the corporation. Recently, the corporation reached a high peak of P24 per share. Regulators came to the accusation of a price manipulation because of the rollercoaster ride of the stocks of the corporation.
Calata’s stock shares started at P7.50 and reached P24 per share as stated on Calata Corp news. At some point, the company shares fell almost 26 percent to 5.65 each and declined to 32 percent earlier in the session. This was why the accusation of stock manipulation was brought up. The stocks might have been sold to dummy accounts according to the said accusation.
Despite being a modest-sized company, Calata Corporation IPO has been labeled as the best performing IPO in the stock exchange. Calata Corporation also became the biggest seller of agricultural feeds, chemicals, fertilizers and seeds. The corporation also reached a market cap of 4B pesos, making Joseph Calata worth 2.6Billion. That being said, it’s not surprising that there would be rumors surfacing about the corporation.
The accusations were answered by the corporation immediately. According to Calata Corp news, Calata answered the issue by claiming that it is not his company which is under investigation but the shares and shareholders involved. He also added that what happens to the trades are already beyond control as it is in the hands of traders. The corporation also pointed out that it was Joseph Calata himself who called the Philippine Stock Exchange to investigate the movements of their shares.
Calata remained calm with the incident. He is one hundred percent sure that his hands are clean on this issue. Some plans that Calata had for the company was affected with the rumored manipulation though. Which is why Calata is very much willing to cooperate with the investigation if needed.
The Business Economics major is a great complement to another major or minor in business, political science, history, accounting or marketing. Economics not only studies economics research and economics financial systems, but also social issues like poverty, pollution, inflation, unemployment, recession and economic growth.
Top market economists are analytical problem solvers who are useful in almost every major industry. They study how the optimal amount of production can be achieved to meet society’s needs. They study market forces that shape financial decision making. They look at how politics affect the commerce marketplace. They look at data to forecast, analyze trends and apply their understanding to a whole range of public issues.
To get an undergrad degree in Business Economics, students attending an accredited economics university will need to take courses like macro economics, microeconomics, financial accounting and reporting, calculus, economics statistics, econometrics, money/banking/credit, business writing, the stock market, labor economics, monetary economics, international trade theory, law and economics, industrial organization, economics and business strategy, organizational psychology, formal organizations and politics and the economy. Students should have a good understanding of math, politics and business. People often choose this major because they want a good job, they want to make a lot of money, they want to be a manager or CPA, they want to have a secure job or they want to get into a good graduate school.
The common starting salary for economists is $38,000 for a bachelor’s degree, $48,000 for a master’s and $70,000 for a PhD, according to a 2002 National Association of Business Economics survey. Those with an economics major enjoy the highest median income compared to other majors, experts say. Economics research also suggests that economics majors earn 20% more than business administration majors, 19% more than accounting majors, 18% more than marketing majors and 15% more than finance majors. When a potential employer sees this major on a resume, he or she immediately understands that you have a solid foundation of math, politics, business and economic theory. Your degree also shows that you have the capacity to process complex subjects and it highlights your problem solving skills, which is valuable in any field.
Individuals with a degree in Business Economics have been recruited by employers like the California State Controller’s Office, Cerner Healthcare Information Technology, Coca-Cola, Consolidated Graphics, Deloitte Services LP, Edward Jones, Enterprise Rent-A-Car, Ernst & Young LLP, General Mills, Inc., Insight, JPMorgan Chase & Co., Liberty Mutual Insurance Group (MA), Medix Staffing Solutions, PetSmart, Raytheon, Sherwin-Williams, Travelers Insurance and Wells Fargo Financial. The economics field is expected to grow 7% by 2016, adding another 16,000 workers. People with bachelor’s degrees can get almost any entry-level job in business. Master’s degree holders generally compete for sales and management trainee positions. Those who hold PhD degrees often go on to teach or become top market analysts in their fields.
For many students in junior college, some of the subjects may be difficult to follow and Economics is considered tough for many of them. Fortunately in Singapore, there are several experienced professors who provide coaching classes for pupils who need better explanation of the concepts. In fact, such coaching classes are becoming popular in Singapore especially when the tutor is competent enough.
Tuitions in Economics
Singapore coaching classes are benefiting several students; hence even, A level Econs students are opting for private coaching. There are innumerable advantages of taking coaching classes privately for the subjects they are weak in. Firstly, the tutor will be able to provide individual attention to the students because it is a small group. The child can clear doubts without hesitation and the teacher has the time to explain it properly until the student understands. Tuition for A level students are beneficial as they perform well after attending these classes because the tutors can provide personalized attention and adopt techniques suitable to a particular child. When concepts are understood, the student is motivated to do better. Consequently, the students confidence level increases.
A Level Tuitions in Economics
Enrolling in A level Economics coaching classes is becoming a norm in Singapore. Parents want their wards to perform well in their studies; although the subject is optional at the junior college, many students choose it. At this level, they can opt for H1 level or H2. Unless, a student has an aptitude for it, he/she will find the subject difficult. Therefore, students have to choose the level according to their capabilities. Since essential concepts have to be understood from the start, H2 Economics tuition is advisable for better comprehension and to enhance classroom learning. English Tuition Teacher will be able to explain the concepts that pupils have not understood clearly in a relaxed environment; this is not possible in the classroom. The weaknesses of students can be addressed at the coaching class which will help them clear basic doubts and understand theories better.
Tuitions at Junior College
Many students face difficulties during their changeover from Secondary school to JC. This is mainly due to the subject combinations that they take. Most junior colleges expect students to take only a single subject at the H1 level and three at the next level. In order to get admission into a reputed University, they have to perform well. If the student does not have a very good foundation, it is advisable to take JC tuition which will provide the groundwork and help in attaining the goals they have set. The important thing to do is to identify weaknesses and let the tutor know about it. Do not let peer pressure or any such issues take over because the goal should be to perform well at the examinations so that a seat at the University is attainable. Hence, private tuition can only help pupils in all respects.
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This is MBA assignment question for MB0032 of SMU. The question is – Why Duality concept is important in OR? Describe the economic importance of the Duality concept.
The importance of duality concept is due to two main reasons:
a)If the primal contains a large number of constraints and a smaller number of variables, the labour of computation can be considerably reduced by converting it into the dual problem and then solving it.
b)The interpretation of the dual variable from the loss or economic point of view proves extremely useful in making future decisions in the activities being programmed.
Economic interpretation of duality:
The linear programming problem can be thought of as a resource allocation model in which the objective is to maximize revenue or profit subject to limited resources. Looking at the problem from this point of view, the associated dual problem offers interesting economic interpretations of the L.P resource allocation model.
We consider here a representation of the general primal and dual problems in which the primal takes the role of a resource allocation model.
From the above resource allocation model, the primal problem has n economic activities and m resources. The coefficient cj in the primal represents the profit per unit of activity j. Resource i, whose maximum availability is bj, is consumed at the rate aij units per unit of activity j.
Economic interpretation of dual variables:
For any pair of feasible primal and dual solutions, (Objective value in the maximization problem) d (Objective value in the minimization problem)
At the optimum, the relationship holds as a strict important.
This relationship implies that as long as the total return from all the activities is less than the worth of the resources, the corresponding primal and dual solutions are not optimal. Optimally is reached only when the resources have been exploited completely, which can happen only when the input equals the output (profit).
Economically the system is said to remain unstable (non optimal) when the input (worth of the resources) exceeds the output (return). Stability occurs only when the two quantities are equal. This is the most important aspect of economic importance of dual variables for MBA assignments.
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La Caixa believes that the recession is beginning to abate in Spain after the sharp drop in the fourth quarter of 2012.
Madrid, Spain, April 01, 2013 – La Caixa believes that the recession is beginning to abate in Spain after the sharp drop in the fourth quarter of 2012.
The information provided by the Catalan bank La Caixa is derived from studies carried out by the bank, which believes that, although the light at the end of the tunnel can be seen, -we will have to wait until 2014 to create jobs-, as it will be at this time when the internal demand starts to gain a dynamic. Althoughthe drop in economic activities has slowed and the expectations are that the economic deterioration will be reduced in 2013, there are still no signs of an improvement in the labour market.
The battery of measures of support for entrepreneurs and towards the creation of jobs for young people passed by the government -should contribute to the improvement of the labour market situation, which continues to show no signs of change at present.-
The experts at La Caixa – who consider that -the intensity of the recession reached its peak in the fourth quarter of 2012- – also mention those banks that, it states, will no longer have losses which affect public debt, due to the -advanced restructuring process of the financial sector-. La Caixa believes that 2013 will be a year in which the bank focuses on recovering the system’s profitability, and understands that -the process of adjustment in terms of capacity and costs in the sector should help to regain profit margin-.
The financial institution’s report emphasized that the largest fall has been in the construction sector, with an accumulated drop of 37% from the first quarter 2008. This means that the accumulated drop of the GDP since 2008 through the third quarter of 2012 was 1.6% (5.7% including construction). For this reason La Caixa is pressing for the stability of this sector in order to slow down the fall of GDP in the next few months.
Press Contact: Marca Espana Media Relations Marca Espana Serrano Galvache, 26 28033 Madrid, Espana. 512-212-1139
ASEAN is the acronym of “Association of Southeast Asian Nations,” an Inter-Governmental Organization (IGO), which was formed August 8, 1967, after signing the ASEAN Declaration (also commonly known as Bangkok Declaration), in the Thai Department of Foreign Affairs in Bangkok. The Philippines, Malaysia, Thailand, Indonesia and Singapore were the instigators of ASEAN’s existence.
The very first goal of ASEAN was to form as solidarity to prevent domino effect of Vietnam’s communism into the region. Despite combating communism was the very legitimacy for ASEAN’s existence, regional economic cooperation and social and cultural development were latter admitted as the ASEAN’s agendas. ASEAN’s present secretariat-general is in Jakarta, Indonesia.
ASEAN solves its regional problems via the Summit between government representatives, commonly Ministers of specified sectors. The Summit is held in every three years and the Summit venue is intercepted in alphabetical order; unfortunately Myanmar; as its alphabetical order was reached, was refused to be the host state, due to the fact of detaining the opposition leader: Aug San Suu Kyi in house-arrest. Since its creation, ASEAN summits have been held in Phnom Penh: the Capital of Cambodia, Bali, Singapore. However, annual meeting is solemnized to settle the regional urgent problem.
The formal summit lasts for three days, with the usual itinerary as follow:
-ASEAN leaders hold an internal organizing meeting;
-ASEAN leaders hold a conference together with foreign ministers of the ASEAN Regional Forum (Please refer to ASEAN Regional Forum below);
-Leaders of three ASEAN Dialogue Partners, namely China, Japan and South Korea, hold a meeting with the ASEAN leaders; and
-A separate meeting is set for leaders of two ASEAN Dialogue Partners, namely Australia and New Zealand.
Not only the summit (formal meeting), ASEAN is also subject to informal meeting in each of two years between the formal meeting.
ASEAN’s External Relations
Constituted mostly of the world’s Least Developed Countries (LDC), ASEAN can not single-mindedly strive within its region to meet its goals. This means that ASEAN has partnered with other individual countries and legal entities around the world to accelerate its goals.
The ASEAN leaders formally meet the President of Russia to gain momentum to its purposes.
East Asia Summit
The East Asia Summit (EAS) is a pan-Asia annual forum between the leaders of 16 countries in East Asia and the region, and the ASEAN enjoys the leadership position.
The Asia-Europe Meeting (ASEM) is an informal dialogue, getting the EU (European Union) and the three ASEAN Dialogue Partners: China, Japan and South Korea together.
ASEAN Regional Forum
The ASEAN Regional Forum (ARF) is an informal multilateral dialogue of 25 members that seeks to address security issues in the Asia-Pacific region.
ASEAN Free Trade Area
The ASEAN Free Trade Area (AFTA) is an agreement by the member nations of ASEAN concerning local manufacturing in all ASEAN countries.
Asia Pacific Refining Industry – Market Analysis, Capacity Forecasts and Competitive Landscape to 2015
-Asia Pacific Refining Industry – Market Analysis, Capacity Forecasts and Competitive Landscape to 2015- is an essential source for top-level energy industry information and analyses on the refining industry in Asia Pacific. The report provides information on refinery product types and future refining trends. The research covers the Asia Pacific refining market with information on historical and forecast capacities of refineries by region and key countries during the period 2000-2015. Leading companies in the Asia Pacific refining industry and their investment opportunities and challenges have been examined in the report.
The report provides a detailed analysis of the market scenario, capacity trends and competition in the refining industry in Asia-Pacific. It provides – Detailed information and analysis on refining capacities by key countries, upcoming refineries and capacity expansions, market shares of key companies and competitive scenario in the Asia-Pacific refining market to 2015. – Asia-Pacific refining industry growth, capacity additions through new and existing refineries, and key refining industry trends, drivers and challenges are covered in the report – Information on capacity by refinery (2000-2015), competitive overview (2009) in eight major markets across Asia-Pacific, including China, Japan, India, Republic of Korea, Taiwan, Singapore, Indonesia and Pakistan. – Information on refining capacities (2000-2015), planned and active refineries directly owned (2000-2015) by the top five refiners in Asia-Pacific, including China Petroleum & Chemical Corporation, Petrochina Company Ltd., Nippon Oil Corporation, SK Energy Co., Ltd. and PT Pertamina.