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Monday, August 24, 2020
Organizational Learning: Creating, Retaining and Transferring Knowledge Essay
Authoritative Learning Presentation à The cutting edge corporate world is dynamic because of the consistently changing business condition comprehensively. To keep up the pertinence and skill of firms in this conditions, hierarchical learning gets convenient and supportive for sustainability(Argote, 2011). Learning in associations is the advancement of the work power to redesign their abilities to coordinate with the adjustments in business activities. It is a persistent procedure since change occurs as times and seasons change. Along these lines, association learning is a significant viewpoint for any business to flourish in the cutting edge times. à Organizational learning improves the abilities of individual representatives. They get new aptitudes and information on handling contemporary issues in business(Beitler, 2012). This makes the representatives ready to handle business exercises with strength because of their improved polished methodology. à Learning is likewise significant in light of the fact that it prompts dynamic initiative in the association. The administration can lead with motivation for positive change in the organization. This prompts improved administration worker connections by upgrading learning and stream of significant data over the association. à Continuous learning energizes group working in firms since the representatives feel the significance of everyoneââ¬â¢s commitment towards the accomplishment of the companyââ¬â¢s objectives. Representatives are prepared to perform different jobs separated from their allocated ones. In case of nonappearance, another utilize can represent the missing one and subsequently teamwork(Argote, 2011). à Learning and change greatly affect representatives of a given association. Learning improves working connections between representatives of various divisions who blend during the instructional meetings. Change encourages individual to explore the pecking order of the organization(Beitler, 2012). At the point when one representative is elevated because of cutting edge aptitudes, someone else gets elevated to take up his position and subsequently a positive effect on each other. References Argote, L. (2011). Hierarchical Learning: Creating, Retaining and Transferring Knowledge. New York: Springer Publishing Corporation . Beitler, M. (2012). The Fifth Discipline: The Art and Practice of The Learning Organization. Chicago: Doubleday Publishers Ltd. Source report
Saturday, August 22, 2020
Managerial Ethics free essay sample
This paper is a rundown of my comprehension of how morals has helped base my beliefâ system on an individual level just as in the working environment as an expert. The learningâ process is unending and the ongoing class on Managerial morals has given me new insightson how I can in any case clutch my own qualities while staying conscious to those whovalue distinctive moral points of view. Morals can be characterized as a philosophical investigation of virtues dependent on the idea ofâ right and wrong. A moral point of view could be considered as a personââ¬â¢s individualâ perception of virtues, convictions, and rules dependent on their own perspective on rightand wrong. My point of view on Ethics are a significant part of the achievement of an individual or an organization. There are numerous choices inside an organization that supervisors must base around thecompanyââ¬â¢s moral measures. Morals are a rule to worker and employerâ â behavior, yet in addition the companyââ¬â¢s conduct in general. Having great, solid morals willhelp an organization draw in and keep clients. Without morals, there would be no chance to get for aâ person to pass judgment on directly from wrong, which is the reason it is imperative to have a decent sense ofâ â personal morals mindfulness. My moral point of view is commitment or deontology-one that is fixated on an inclination asthough I have a commitment to make the wisest decision. When judging whether a personââ¬â¢sactions are moral or not, I will in general base my choices on the purpose of the personââ¬â¢s actionsand not the genuine outcome,In request for an individual with the commitment point of view to concur with an individual or companyââ¬â¢sethics, the morals set up ought to be appropriate in each circumstance, aware toeveryoneââ¬â¢s character, and advancing of each individualââ¬â¢s opportunity and autonomy. With a mandatory point of view, an individual accepts that everybody merits regard and theright to settle on their own choices. A couple of progressively moral points of view experienced in our workplaceVirtue Perspective An individual having the character or ethicalness viewpoint doesn't accept that everybody iscapable of settling on their own choices. This viewpoint depends on the conviction that aâ person must have great character so as to settle on a moral choice. Those with thevirtue point of view accept that a personââ¬â¢s character is by a long shot, more significant than aâ personââ¬â¢s activities. Regardless of what a personââ¬â¢s expectations are, somebody with the virtueâ perspective doesn't accept that they are moral except if they are continually endeavoring to bemorally great. Moral dynamic inside this point of view depends on thedevelopment of functional intelligence inside people. The point of view dependent on virtuedoes not accept that a personââ¬â¢s activities mirror their morals; in any case, the utilitarianismâ perspective accepts the exact inverse. Utilitarianism viewpoint An individual having the outcomes or utilitarianism see will in general base their ethicalâ perspective exclusively on the aftereffects of their activities. This point of view accepts that theirâ ethical choices should profit however many people as could reasonably be expected. While discussing overâ whether or not a choice is moral, those with utilitarianism sees must get results. Theyrefuse to think whatever they hear until it is demonstrated to them. An individual with thisâ perspective accepts that all individuals have the right to have a decent life; on the off chance that somebody is unhappy,they accept that something ought to be done so as to address that. An individual with theutilitarianism viewpoint accepts that there is an answer for each moral situation. Relativism point of view The value or relativism viewpoint depends on the eccentrics of human mindfulness. The choice of whether an activity or choice is moral depends on the results thatthe choice has brought. An individual with the relativism point of view doesn't accept inunity or correspondence among people. They likewise accept that there is no unmistakable right orâ wrong in any circumstance; they accept that with new information and differentcircumstances, an individual may think that its important to change their perspective and convictions. Regardless of what point of view an individual holds when managing morals, there will consistently beethical predicaments that an individual will be compelled to confront. While holding the deontologyâ perspective, I accept that everybody merits regard from others. This can make it verydifficult to concur with certain choices that might be made inside my organization. Who chooses what is correct or wrong? A personââ¬â¢s perspective on good and bad will vary from others, as will their convictions ofâ whether or not all individuals can settle on choices that advantage their very own advantages. A significant number of us were instructed at a youthful age the brilliant principle, Do unto others as you wouldhave them do unto you. This is an extremely strong guideline that we as a whole appear to escape from, timeto time. A considerable lot of us were told tales and spouses stories, or moral accounts as we now callthem, that showed us how to live and connect with others. Be that as it may, where do we get familiar with the rulesthat these tales didnt show us, similar to, when is it fitting to change nature? Who decideswhat is correct and right there? Is there any shared conviction on issues like resurrectingextinct creatures, cloning, or the human genome venture? This presents to us the field of applied morals a region in morals that manages how one shouldreact in explicit circumstances, and particularly with how our social arrangements should beformed to guarantee the most adjusted moral norms. Finding out about the alternate points of view of morals is a significant part of careerâ success. By realizing what classification I fall under dependent on my answers in the EthicsAwareness Inventory, I can all the more likely comprehend my own choices and convictions. Having thisknowledge will come in accommodating when working with others that hold differentâ perspectives. Organizations point of view on moral practices today In the working environment, morals and social corporate mindfully is a manual for choice makingand reasonable treatment of representatives and buyers. Moral conduct, at its most fundamental level, is the thing that the vast majority in a given society or groupview as being good, acceptable, or right. A few social orders underline moral lead based onabstract moral standards, the infringement of which is relied upon to cause sentiments of blame. Itis imperative to comprehend that what is good and bad isn't in every case simple to determineas there is no generally acknowledged code of conduct to help leaders. Knowledgeof the home market and outside business sectors is fundamental to showing up at ones own behaviorâ code for every circumstance confronted. No administration can disregard the earth wherein itoperates and the accomplishment of associations may depend to an enormous degree upon their publicimage The disposition of the board to work is at the center of the social obligation ofâ management. Morals for me in Personal life The family is depicted as the characteristic and central gathering unit of society and isentitled to security by society and the State. Individual relations in family is one of themost significant components of self-awareness and development of a character. We livein a multicultural society dependent on various qualities and conventions. On the off chance that a bond among guardians and youngsters is broken, it can prompt negative consequencestraumatic for both. In this way in numerous societies, family is a manager of customs and values,social standards and personal conduct standards Morals for me at my work environment The potential effect of my qualities in the work environment might be both, positive and negative. The positive side would be that by treating others with poise and regard may helpâ better the representative environmental factors. Thusly this may enable those representatives to settle on howto treat others, since they appreciate being dealt with deferentially and with poise. Another positive model happens when my qualities and morals manage me to treat thecustomers in a deferential and fair way. Doing so will guarantee my respectability as aâ business proficient and keeping in mind that permitting me to pick up the trust of the clients. Thiswould increment my exhibition. Offering an item or administration in which I accept thatâ performs true to form, will give me a feeling of pride on what I am doing. On the negative side, being misleading with people in general or the clients all together tomeet deals objectives or amounts would diminish my presentation on the work environment Conclusion Before starting this class , morals was not something that I gave a lot of thought toeven however it was at that point a piece of my every day life. During the course led by Fatherà Paul, I have realized there is a significance in overseeing morals on an individual level as wellas in the work environment as an expert. Morals hold gigantic advantages for organizationsand its workers, both good and commonsense. The rule of manageability takes a bigger perspective and endeavors to think about futuregeneration, and to live with the mindfulness that current activities make animpact on others . It thinks about a bigger perspective and its accentuation aresocial respectability, solidness and improvement in the personal satisfaction.
Tuesday, July 21, 2020
Who Doesnt Read Books In America Critical Linking, March 29, 2018
Who Doesnt Read Books In America Critical Linking, March 29, 2018 Critical Linking is sponsored by Tomorrow by Damian Dibben, new from Hanover Square Press. About a quarter of American adults (24%) say they havenât read a book in whole or in part in the past year, whether in print, electronic or audio form. Who are these non-book readers? Several demographic traits correlate with non-book reading, Pew Research Center surveys have found. For instance, adults with a high school degree or less are about five times as likely as college graduates (37% vs. 7%) to report not reading books in any format in the past year. Adults with lower levels of educational attainment are also among the least likely to own smartphones, even as e-book reading on these devices has increased substantially since 2011. (College-educated adults are more likely to own these devices and use them to read e-books.). None of the statistics are especially surprising, given the demographics least likely to read are those least likely to have leisure time for it. But also: 76% of adults in America read a book last year. ____________________ THE GREAT AMERICAN READ is an eight-part television and online series designed to spark a national conversation about reading and the books that have inspired, moved, and shaped us. The series will engage audiences with a list of 100 diverse books. Audiences are encouraged to read the books, vote from the list of 100, and share their personal connections to the titles. THE GREAT AMERICAN READ premieres Tuesday, May 22 at 8/7c on PBS stations with a launch special, kicking off a summer of reading and voting. Then in the fall, seven new episodes of the series will air as the quest to find Americaâs most beloved book moves into high gear. Episodes from the series will feature appearances by celebrities, athletes, experts, authors, and everyday Americans advocating for their favorite book. Theres a trailer for this upcoming book PBS show. ____________________ While a great novel can be engaging, theres nothing quite like a true storyâ"whether that story comes in the form of deep reporting, memoir, or personal essays. Nonfiction gives us the chance to look at the world around us and learn something about how we fit within it. And nonfiction also tells us a lot about ourselves. Here are the best nonfiction books of 2018. Add a bunch of new nonfiction to your TBR. Sign up to Today In Books to receive daily news and miscellany from the world of books.
Friday, May 22, 2020
Is The Scarlet Letter A Feminist Novel - 1456 Words
Ashley Noack M. Chau-Lee English 3H 11/ 13/14 Is The Scarlet Letter A Feminist Novel? A feminist is defined in the British Dictionary as a person who advocates equal rights for women. However incredulous it may sound, women had to fight for rights for equality in things such as politics, economics, and their personal affairs. If the revolutionary feminist concepts were surfacing in the time of Nathaniel Hawthorne, circa 1850, then how was it that he was inspired to write Hesterââ¬â¢s character? However,one consideration may be that it was written unintentionally with a feministic tone. This novel stands for the main ideas that gave feminism its momentum: gender equality and love for oneself as a woman. Hawthorne displays Hester as a free woman in the ending of the book, and also deems her and Dimmesdale as equals by having them receive identical markers on their tombstones. The Scarlet Letter epitomizes the strength of women while also providing as an indicator for early feminism, as itââ¬â¢s profound perceptions were not something yet established in this earli er time period. The Scarlet Letter is indubitably a feminist piece of literature.The three main characters work off of one another; Hester is strong while Dimmesdale is feeble and Chillingworth is corrupt; She effortlessly conquers her sin and continues with her new life, while Dimmesdale cannot admit his sins, and Chillingworth seeks revenge on Dimmesdale. The women in the novel were strictly bound to a certain spectrum inShow MoreRelatedIs The Scarlet Letter A Feminist Novel?1659 Words à |à 7 PagesIs The Scarlet Letter a Feminist Novel? Women all have something in common: they have all encountered a form of gender-based discrimination. Some women in countries have experienced harsher segregations than others. For instance, women in Pakistan have experienced severe discrimination a prohibition of education. One woman who is well known for being an activist for the education of women is Malala Yousafzai. Malala is a woman who has inspired many oppressed others to fight for their education.Read MoreIs the Scarlet Letter a Proto Feminist Novel1510 Words à |à 7 Pages21, 2012 Is The Scarlet Letter a Proto Feminist Novel? ââ¬Å"Is The Scarlet Letter a Proto Feminist Novel?â⬠The Scarlet Letter is a very well-known novel, between the scandals and lies. It starts off with a woman named Hester Prynne. Hester decides to leave her husband behind to migrate to Boston. A couple years later, Hester gives birth to a baby girl named Pearl in prison. Hester refused to reveal the father of Pearl. The town then forces Hester to wear a scarlet letter A upon her dressRead MoreScarlet Letter Feminist Novel Essay769 Words à |à 4 PagesIs The Scarlet Letter a feminist novel? Nathaniel Hawthorneââ¬â¢s novel, The Scarlet Letter is about a woman living in Boston during the 1630s. Her name is Hester Prynne and she has committed the crime of adultery and is caught when she is found to be pregnant. The book picks up when she is having a scarlet A placed on her breast for ââ¬Å"adulteryâ⬠and after the child is already born. After 7 more years, it picks up and the readers can see what she goes through and how she and the townspeople around herRead MoreHester Prynnes The Scarlet Letter : A Feminist Novel805 Words à |à 4 Pages The scarlet letter would be considered a feminist book because of the strength that Hester showed while all of society rejected her, and her daughter pearl. In the scarlet letter there is a women who is introduced to us known as Hester Prynne. In the story it tells us the life of Hester and her struggle living in a society that has alienated her because she has committed adultery. The scarlet letter is a feminist nov el because of the strength that Hester has as a women throughout the bookRead MoreHester As A Strong Female Character And The Scarlet Letter1572 Words à |à 7 Pagesand The Scarlet Letter as a Feminist Novel In The Scarlet Letter, written by Nathaniel Hawthorne, a question arises: Is The Scarlet Letter a feminist novel? First, what is feminism? Feminism is ââ¬Å"the advocacy of womenââ¬â¢s rights on the grounds of political, social, and economic equality to menâ⬠. Feminism is really about a womanââ¬â¢s strength since the act of feminism causes a woman to go against traditional views and be ridiculed for that. What does feminism have to do with The Scarlet Letter? HawthorneRead MoreHow Is Hester Prynne A Feminist Novel989 Words à |à 4 PagesAmerican Literatureââ¬â¢s first feminist character A trend was started by the novel, The Scarlet Letter. Nathaniel Hawthorne took a path with the character Hester Prynne that took many by surprise. Hester Prynne from the acclaimed novel, The Scarlet Letter, is one of American Literatureââ¬â¢s first and influential feminist characters that shows superiority while being fearless and having an influence on modern literature and culture. In the novel, The Scarlet Letter, Hester Prynne is accused of adulteryRead MoreFeminism In The Scarlet Letter Essay1313 Words à |à 6 Pagesinterestsâ⬠(Merriam-Webster). The way feminism is related into literature is similar to that of society. Feminist literature discusses how a female character or some part of the fictional world is being hurt or deprived of a certain right that women deserve. In such a way, readers and authors alike are able to dispute whether classic literary reads are feminist literature, such as The Scarlet Letter. Author Nathaniel Hawthorneââ¬â¢s writing did not portray a new right being made for women in society dueRead MoreThe Scarlet Letter By Nathaniel Hawthorne1641 Words à |à 7 PagesThe Scarlet Letter is a story about a woman, Hester Prynne, who painfully lived her life in shame because of the adultery she committed in a1840s American colony. The way she and the other characters conducted themselves after the reveal of Hesterââ¬â¢s baby all show a deeper meaning into what kind of person each character was, which can be interpreted in many ways. The story was written by a man named Nathaniel Hawthorne, only about a decade after his story took place, which meant that society in hisRead MoreHester Prynnes Development Of Women In The Scarlet Letter By Nathaniel Hawthorne1204 Words à |à 5 PagesNathaniel Hawthorneââ¬â¢s,The Scarlet Letter, conveys Hester Prynneââ¬â¢s struggles against the oppressive Puritan society of the 1630s, which leads to the illumination of her progressive feminist views. Hesterââ¬â¢s sin of adultery leaves her shunned from her pious New England community, but the extreme consequences that she encounters highlight the notion that she recognizes women as possessing equal capabilities and strengths as men. Hester evinces feminism throughout Hawthorneââ¬â¢s novel, without ever truly mentioningRead MoreFeminism in Hawthornes The Scarlet Letter Essay551 Words à |à 3 PagesWritten in 1 850, The Scarlet Letter stood as a very progressive book. With new ideas about women, main charactersââ¬â¢ stories intertwined, and many different themes, The Scarlet Letter remains today as a extremely popular novel about 17th century Boston, Massachusetts. Not only was the 19th century a time for the abolition of slavery movement but it was also the beginning of the first wave of feminism. Women such as Elizabeth Cady Stanton, Susan B. Anthony, and Lucretia Mott catalyzed the womenââ¬â¢s
Thursday, May 7, 2020
Petroleum Profits Tax Act 1959 - 1824 Words
dates they were formulated and amended. The Petroleum Profits Tax Act 1959 as amended by Petroleum Profits Tax Act No. 15 of 1973 (Part 111) section 2 states thus - ââ¬Å"for the purposes of subsection (1) (b) of the value of any chargeable oil so disposed of shall be taken to be the aggregate ofâ⬠(b) The value of that oil as determined for royalty, in accordance with the provisions of any enactment applicable thereon and any financial agreement; alternatively, (c) Arrangement between the Federal Government of Nigeria and the company. This act was enacted in 1959 before the Nigerian independence and later amended in 1973. The Petroleum Act of 1969, Section 1 Schedule 1 states thus: - (a) the entire ownership and control of all petroleum in, under or upon any lands to which this section applies shall be vested in the state. This section applies to all land (including land covered by water) which (a) Is in Nigeria, or (b) Is under the territorial waters of Nigeria, or (c) forms part of the continental shelf. Furthermore, the Petroleum (Drilling and Production) Regulations 1969 section 1(1) states that - ââ¬Å"every application for an oil exploration licence, oil prospecting licence or oil mining lease shall be made to the Minister in writing on the appropriate form as set out in the schedule to these regulationsâ⬠this particular act has made it possible for ministers in Nigeria to act in ways that more of self-interest than in the interest of the general public. It is one actShow MoreRelatedAlaska Is A Great Wealth Of Resources Essay1008 Words à |à 5 Pagescontinental United States. Alaska, previously occupied by Russia, was purchased by the American government for the sum of 7.2 million US Dollars in 1867. It became an official state in the union on January 3rd 1959. (Hutchinson, Par. 24) For some intrepid souls, this is a land of opportunity. Petroleum, arguably the most extensive and valuable natural resource available in Alaska, accounts for approximately 80% of Alaskaââ¬â¢s state revenue. (Hutchinson, Par. 21) Alaska is unique in this way alone. Most otherRead MoreSocial Responsibility For The Welfare Of Society Essay2190 Words à |à 9 Pagesbase for a close alliance and discussion with the community, as well as assist the community in capacity building in all aspects of social and economic development . In Nigeria for instance, Shell Petroleum is the only oil company that is a member of the WBCSD and as such, the activities of Shell Petroleum Development Company (SPDC) ought to be situated within sustainable development and corporate social responsibility in the Niger Delta where it is located. The Organization for Economic CooperationRead MoreMarketing Plan of Lafarge2281 Words à |à 10 PagesCement WAPCO Nigeria Plc is a cement manufacturing company in Nigeria owned by Lafarge SA, Paris. Base in the South West of Nigeria, Lafarge Cement WAPCO Nigeria Plc is the first and major cement manufacturing company in Nigeria and was established in 1959 with a 60% equity shares owned by Lafarge Group. It has plants in Shagamun and Ewekoro with annual production capacity of 4.5 metric tones (WAPCO, 2012). 1.1 Product Lafarge Cement WAPCO Nigeria Plc manufactures Elephant Portland Cement (also calledRead MoreThe Cost Of Tax Losses2463 Words à |à 10 Pagesnot have to pay income tax. The main aim of the report is to make comparison of Losses in terms of tax among three countries New Zealand, Australia and Nepal 2. New Zealand: Expenses and losses are deductible to the extent that they are incurred in the acquisition of assessable income or incur in carrying the business for that purpose, provided that they are not a capital or private or domestic nature or fact relating to the gaining of exempt income. The treatment of tax losses is a crucial partRead MoreOil and Gas4942 Words à |à 20 Pagesdevelopment of accounting standard to guide the preparation and presentation of the financial statement so as to provide a guide on accounting rules, procedures, and reporting formats to be followed by companies operating in the petroleum industry in Nigeria. Petroleum operation is divided into two broad areas namely upstream and downstream activities. 1.1 UPSTREAM ACTIVITIES: Upstream activities involve the acquisition of mineral interest in properties, exploration (including prospecting) andRead Moreââ¬Å"Ratio Analysis and Comparative Study of Financials of Iocl with Its Competitorsâ⬠13708 Words à |à 55 Pagesis administratively controlled by Indias Ministry of Petroleum and Natural Gas, a government entity that owns just over 90 percent of the firm. Since 1959, this refining, marketing, and international trading company served the Indian state with the important task of reducing Indias dependence on foreign oil and thus conserving valuable foreign exchange. That changed in April 2002, however, when the Indian government deregulated its petroleum industry and ended Indian Oils monopoly on crudeRead MoreTaxation as an Instrument of Economic Growth and Development in Nigeria13527 Words à |à 55 PagesREVIEW OF RELEVANT LITERATURE 2.1 VARIOUS DEFINITIONS OF TAX 18 2.2 TYPES OF TAX IN NIGERIA 20 2.3 LIST OF APPROVED TAX FOR EACH TIER 21 TIER OF GOVERNMENT 2.4 TAXATION THEORY 24 2.5 NATURE AND SCOPE OF TAXES 27 2.6 TAX REFORMS IN NIGERIA Read MoreU.s. Federal Gasoline Tax1861 Words à |à 8 PagesAbstract Increasing the United States federal gasoline tax is currently a debated issue as a means of curtailing dependency on foreign oil and improving the countryââ¬â¢s environment. An increases, however, would be regressive and would place another hardship on citizens who already feel as if taxes are too high. Because of the unpopularity of such a tax, nationally elected officials have not seriously floated the plan as means of raising revenue, but it could be used as a means to progressively cutRead MoreWhy Do We Need The Oil Producing Community? Does This Look Like Saudi Arabia? Essay7139 Words à |à 29 Pagesways to reformulate the existing legal framework, putting in place an effective management and enforcement of these CSR laws and policies; subsequently enabling the relevant agencies to hold oil and gas producing companies to account for engaging in acts of impunity thus providing a solution to the current failings in the Niger Delta region with its attendant debilitating co nsequences. CHAPTER ONE The concept of corporateRead MoreSWOT Analysis of Nigerian Business Environment24237 Words à |à 97 Pagesinformation needed to establish renewable energy in rural and urban areas in Nigeria. The Nigerian government is encouraging energy companies to invest in the country and special energy policies for foreign investors have been organized, such as a tax reduction plan for energy investors, and the relaxing of energy policy. Nigeria is a nation with great potential for renewable energy solutions, such as sunlight which might be productive for solar power solution, and plentiful bio-waste for biomass
Petroleum Profits Tax Act 1959 - 1824 Words
dates they were formulated and amended. The Petroleum Profits Tax Act 1959 as amended by Petroleum Profits Tax Act No. 15 of 1973 (Part 111) section 2 states thus - ââ¬Å"for the purposes of subsection (1) (b) of the value of any chargeable oil so disposed of shall be taken to be the aggregate ofâ⬠(b) The value of that oil as determined for royalty, in accordance with the provisions of any enactment applicable thereon and any financial agreement; alternatively, (c) Arrangement between the Federal Government of Nigeria and the company. This act was enacted in 1959 before the Nigerian independence and later amended in 1973. The Petroleum Act of 1969, Section 1 Schedule 1 states thus: - (a) the entire ownership and control of all petroleum in, under or upon any lands to which this section applies shall be vested in the state. This section applies to all land (including land covered by water) which (a) Is in Nigeria, or (b) Is under the territorial waters of Nigeria, or (c) forms part of the continental shelf. Furthermore, the Petroleum (Drilling and Production) Regulations 1969 section 1(1) states that - ââ¬Å"every application for an oil exploration licence, oil prospecting licence or oil mining lease shall be made to the Minister in writing on the appropriate form as set out in the schedule to these regulationsâ⬠this particular act has made it possible for ministers in Nigeria to act in ways that more of self-interest than in the interest of the general public. It is one actShow MoreRelatedAlaska Is A Great Wealth Of Resources Essay1008 Words à |à 5 Pagescontinental United States. Alaska, previously occupied by Russia, was purchased by the American government for the sum of 7.2 million US Dollars in 1867. It became an official state in the union on January 3rd 1959. (Hutchinson, Par. 24) For some intrepid souls, this is a land of opportunity. Petroleum, arguably the most extensive and valuable natural resource available in Alaska, accounts for approximately 80% of Alaskaââ¬â¢s state revenue. (Hutchinson, Par. 21) Alaska is unique in this way alone. Most otherRead MoreSocial Responsibility For The Welfare Of Society Essay2190 Words à |à 9 Pagesbase for a close alliance and discussion with the community, as well as assist the community in capacity building in all aspects of social and economic development . In Nigeria for instance, Shell Petroleum is the only oil company that is a member of the WBCSD and as such, the activities of Shell Petroleum Development Company (SPDC) ought to be situated within sustainable development and corporate social responsibility in the Niger Delta where it is located. The Organization for Economic CooperationRead MoreMarketing Plan of Lafarge2281 Words à |à 10 PagesCement WAPCO Nigeria Plc is a cement manufacturing company in Nigeria owned by Lafarge SA, Paris. Base in the South West of Nigeria, Lafarge Cement WAPCO Nigeria Plc is the first and major cement manufacturing company in Nigeria and was established in 1959 with a 60% equity shares owned by Lafarge Group. It has plants in Shagamun and Ewekoro with annual production capacity of 4.5 metric tones (WAPCO, 2012). 1.1 Product Lafarge Cement WAPCO Nigeria Plc manufactures Elephant Portland Cement (also calledRead MoreThe Cost Of Tax Losses2463 Words à |à 10 Pagesnot have to pay income tax. The main aim of the report is to make comparison of Losses in terms of tax among three countries New Zealand, Australia and Nepal 2. New Zealand: Expenses and losses are deductible to the extent that they are incurred in the acquisition of assessable income or incur in carrying the business for that purpose, provided that they are not a capital or private or domestic nature or fact relating to the gaining of exempt income. The treatment of tax losses is a crucial partRead MoreOil and Gas4942 Words à |à 20 Pagesdevelopment of accounting standard to guide the preparation and presentation of the financial statement so as to provide a guide on accounting rules, procedures, and reporting formats to be followed by companies operating in the petroleum industry in Nigeria. Petroleum operation is divided into two broad areas namely upstream and downstream activities. 1.1 UPSTREAM ACTIVITIES: Upstream activities involve the acquisition of mineral interest in properties, exploration (including prospecting) andRead Moreââ¬Å"Ratio Analysis and Comparative Study of Financials of Iocl with Its Competitorsâ⬠13708 Words à |à 55 Pagesis administratively controlled by Indias Ministry of Petroleum and Natural Gas, a government entity that owns just over 90 percent of the firm. Since 1959, this refining, marketing, and international trading company served the Indian state with the important task of reducing Indias dependence on foreign oil and thus conserving valuable foreign exchange. That changed in April 2002, however, when the Indian government deregulated its petroleum industry and ended Indian Oils monopoly on crudeRead MoreTaxation as an Instrument of Economic Growth and Development in Nigeria13527 Words à |à 55 PagesREVIEW OF RELEVANT LITERATURE 2.1 VARIOUS DEFINITIONS OF TAX 18 2.2 TYPES OF TAX IN NIGERIA 20 2.3 LIST OF APPROVED TAX FOR EACH TIER 21 TIER OF GOVERNMENT 2.4 TAXATION THEORY 24 2.5 NATURE AND SCOPE OF TAXES 27 2.6 TAX REFORMS IN NIGERIA Read MoreU.s. Federal Gasoline Tax1861 Words à |à 8 PagesAbstract Increasing the United States federal gasoline tax is currently a debated issue as a means of curtailing dependency on foreign oil and improving the countryââ¬â¢s environment. An increases, however, would be regressive and would place another hardship on citizens who already feel as if taxes are too high. Because of the unpopularity of such a tax, nationally elected officials have not seriously floated the plan as means of raising revenue, but it could be used as a means to progressively cutRead MoreWhy Do We Need The Oil Producing Community? Does This Look Like Saudi Arabia? Essay7139 Words à |à 29 Pagesways to reformulate the existing legal framework, putting in place an effective management and enforcement of these CSR laws and policies; subsequently enabling the relevant agencies to hold oil and gas producing companies to account for engaging in acts of impunity thus providing a solution to the current failings in the Niger Delta region with its attendant debilitating co nsequences. CHAPTER ONE The concept of corporateRead MoreSWOT Analysis of Nigerian Business Environment24237 Words à |à 97 Pagesinformation needed to establish renewable energy in rural and urban areas in Nigeria. The Nigerian government is encouraging energy companies to invest in the country and special energy policies for foreign investors have been organized, such as a tax reduction plan for energy investors, and the relaxing of energy policy. Nigeria is a nation with great potential for renewable energy solutions, such as sunlight which might be productive for solar power solution, and plentiful bio-waste for biomass
Petroleum Profits Tax Act 1959 - 1824 Words
dates they were formulated and amended. The Petroleum Profits Tax Act 1959 as amended by Petroleum Profits Tax Act No. 15 of 1973 (Part 111) section 2 states thus - ââ¬Å"for the purposes of subsection (1) (b) of the value of any chargeable oil so disposed of shall be taken to be the aggregate ofâ⬠(b) The value of that oil as determined for royalty, in accordance with the provisions of any enactment applicable thereon and any financial agreement; alternatively, (c) Arrangement between the Federal Government of Nigeria and the company. This act was enacted in 1959 before the Nigerian independence and later amended in 1973. The Petroleum Act of 1969, Section 1 Schedule 1 states thus: - (a) the entire ownership and control of all petroleum in, under or upon any lands to which this section applies shall be vested in the state. This section applies to all land (including land covered by water) which (a) Is in Nigeria, or (b) Is under the territorial waters of Nigeria, or (c) forms part of the continental shelf. Furthermore, the Petroleum (Drilling and Production) Regulations 1969 section 1(1) states that - ââ¬Å"every application for an oil exploration licence, oil prospecting licence or oil mining lease shall be made to the Minister in writing on the appropriate form as set out in the schedule to these regulationsâ⬠this particular act has made it possible for ministers in Nigeria to act in ways that more of self-interest than in the interest of the general public. It is one actShow MoreRelatedAlaska Is A Great Wealth Of Resources Essay1008 Words à |à 5 Pagescontinental United States. Alaska, previously occupied by Russia, was purchased by the American government for the sum of 7.2 million US Dollars in 1867. It became an official state in the union on January 3rd 1959. 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