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Therefore, this paper will seek to explicate some of the main factors that determine the gas prices, problems, causes and solutions.
First and foremost, it is important to note that the supply and demand market place determines the worth of fuel. This is because an increase in demand and a decline in supply will automatically lead to a rise in price. On the contrary, if the demand goes down or there is an upsurge supply, then the fuel price will automatically decrease. In case a retailer decides to market its gas at a high price without considering the pricing of the competitors, then consumers will go and buy gas from the competitor selling at lower prices. When this happens, the retailer will lose business due to the high pricing and this will compel him to lower his gas prices in order to be competitive and maintain his customers (“What Affects Fuel Pricing”). Retailer competition also affects gas prices and this can be grasped by the differences in price on stretches of highways that have multiple gas retailers. When there are several choices that consumers can choose from; then it boils down to more competition on the retailers’. In as much as many retailers carry gas and oil from major oil corporations, they are independent merchants of the product. This implies that they have the freedom to set the prices the way they so wish.
Chevron Corporation asserts that, crude oil is merchandized on the global market just like agricultural products such as corn and wheat, and precious metals such as silver and gold. In recent times, the prices of crude oil have increased dramatically as a result of the rising world demand and political instability in most of the oil producing countries (“What Affects Fuel Pricing”). Crude oil is the most important raw material used in gasoline and other petroleum products production. Therefore, it plays an integral in determining the price of gasoline. Crude oil price may be up to half the cost of one
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Thailand has started dealing with these major social problems. Strengthened protection policies have been implemented recently. The Center for Protection of Children’s Rights (CPCR) has been a major contributor in this course of action, collaborating directly with private organizations and government agencies in Thailand and other nations to reinforce policies and legal protection of trafficking and abuse victims (Hughes et al.
Judaism faces a lot of controversies regarding its legitimacy in a number of issues. While some controversies are related to the sanity of Jewish practices like circumcision and child blessing, some other controversies are regarding the Jewish view point on social issues like abortion and feminism.
As a result, manual and electronic security breaches have been common organizational experiences. This paper seeks to discuss contemporary organizational issues that relates to security. Based on a newspaper article, the paper will identify some of the security issues facing organizations.
Broadly, the study sought to highlight the strong points and weaknesses on either side of the arguments. Towards this objective, a range of expert opinions was sourced from relevant literature, which touches on the subject. Specific focus was on the most recent publications that have dwelt on the subject.
Leadership is a process in the course of the management that helps the leaders to affect mind-set, behaviors, norms and ethics of other individual in order to the joint and individual goals and objectives. An effective leader must be reliable, be able to make strong decision, must be confidence, must be passionate of what he does and have a clear vision (Michael 3).
Leadership is a process of persuading and influencing individuals in a group to work towards common goals as well as indivual goals by foregoing personal interests and preferences (Hartog, Deanne and Koopman 166). Individual characteristics of the leader such as accountability, passion, self-confidence, ability to make clear decisions and having a defined vision influences the leadership style one can adapt to a specific situation (Michael 5).
e form of employees in a given economy, the demands of these employees, and efforts to comprehend the ensuing pattern of their earnings, service, and salaries. Old welfare economics followed two key presumptions. First, one can measure utility in terms of money and is a