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2 years ago

How can the company that purchased the mine better approach the situation?

1 answer:

5 0

The company that purchased the mine better approach the situation by developing a strategy that include all stakeholders.

In the year 2006, giant of the mining industry Xstrata purchased the Tintaya copper mine in Espinar, Peru. There has been a dispute between the community and the mine over issues including land rights, pollution, and social responsibility of the mining company. The previous mine owner had established a good dialogue table with the local community. According to many people , when Xstrata took over, the company did not abide by those arrangements which were made by the previous owner.

That is why if Xstrata wants to make better then it should consider the interest of every stakeholder over there.

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Gail operates on a tight budget. She buys store or generic brands to save money. Recently, Gail was given a substantial pay rais

fgiga [73]

When she altered her shopping patterns and buying behavior because of substantial pay raise, it is an example of income effect.

In economics, Income effect explains how their is a change in demand in market caused by of a change in consumer's purchasing power as a result of a change in their real income.

Here, the theory of income effect explains Gall's situation because her increase in pay cut changes her purchasing power, thus, increases her demand for expensive goods.

In conclusion, when she altered her shopping patterns and buying behavior because of substantial pay raise, it is an example of income effect.

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3 years ago

Which of the following could cause an appreciation of the real exchange rate in a small open economy? A decrease in the domestic

Savatey [412]

Answer: An increase in government spending

Explanation:

Currency appreciation is an increase in the worth of one currency against the value of another currency. Due to the appreciation of a currency, imports get cheaper.

In a small open economy, the appreciation of the real exchange rate can be caused by an increase in government spending as this puts pressure on domestic currency to appreciate, which leads to current account deterioration.

7 0

3 years ago

In even numbered years, texas representatives receive a salary of only ________ per year not including a per diem.

atroni [7]

On even-numbered years, the representative reelection happens. Thus a representative seeking re-election will not receive anything from the government. Only when the representative on the 2year active term will they receive the monthly compensation stipulated by the law which is $7,200 per month excluding per diem.

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4 years ago

The primary output of operational design is an operational approach, which describes the operational environment, the problem, a

Papessa [141]

The primary output of operational design is the operational approach that is being described in the operational environment as the problem and as well as the commander’s visualization by which is in a broad approach that is for the sake of achieving the end state that is being desired.

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4 years ago

Crane Company receives a $74,000, 5-year note bearing interest of 5% (paid annually) from a customer at a time when the discount

saul85 [17]

Answer: $70,882.98

Explanation:

Present value of note = Present value of interest payments + Present value of face value

Present value of interest payment:

First calculate the interest:

= 5% * 74,000

= $3,700

This amount is constant so is an annuity

Present value = 3,700 * Present value interest factor of annuity, 5 years, 6%

= 3,700 * 4.2124

= $15,585.88

Present value of face value :

= 74,000 / (1 + 6%)⁵

= $55,297.10

Present value of note:

= 15,585.88 + 55,297.10

= $70,882.98

3 0

3 years ago