Archive for the ‘Industry’ Category

Why Free News Media is Important?

Why Free News Media is Important?
Because they are so prevalent, few people realize the importance of free news media. The truth is that they form a vital part of any democratic society. Reporting the Facts This is its most basic role. It’s only natural for any government to look or report on only the bright side of things. The news organizations on the other hand, can state the facts. This role is critical to understanding events not just in your country but the world at large. An example would be economic news. While a government may report glowing figures, journalists perform man on the street interviews and stories. This gives you the chance to look at the entire picture. The importance of free news media can also be seen when reporting from various parts of the world. In countries where military juntas rule, people...

Why Are Gas Prices So High?

Why Are Gas Prices So High?
Gas is one of the important commodities in the world because this is used in operating large equipment and vehicles. Unfortunately, gas companies have limited control over the prices of the commodity in the world market because there are various factors that affect the costs of the product. In present days, most consumers complain about the high prices of this commodity. To know why are gas prices so high, it is best to look at the different factors that have great impacts on the costs of this product. Improving Oil Demand Why are gas prices so high? One of the important factors that affect the costs of the commodity is the improving demand of consumers for oil. According to some economists, the developing economies of India and China have great effects on the increasing demand for oil....

Why Did Enron Go Bankrupt?

Why Did Enron Go Bankrupt?
One of the most successful natural gas merchants in North America, Enron Creditors Recovery Corporation was established by Kenneth Lay in 1985 from the merger of big natural gas pipeline firms InterNorth and Houston Natural Gas. The approval of legislation in the U.S. concerning the deregulation of natural gas sale is one of the events that affected the outstanding financial performance of the company in the 1990s. The development of the online business model known as EnronOnline also contributed to the popularity of the company in November 1999. However, stockholders were alarmed by the sudden decision of the firm to file for Chapter 11 bankruptcy protection in December 2001. History of the Company Why did Enron go bankrupt? There are several reasons for the bankruptcy of the firm. One of...

Why Have Adminstrative Meetings?

Why Have Adminstrative Meetings?
It doesn’t matter what size the company is. The importance of administrative meetings can be essential to its survival and success. Of course any number of things can be discussed there. Some of the common items can include the following. Submitting Proposals and Ideas These gatherings are a great time to present proposals or ideas about running the company. These proposals can be presented for evaluation by the other participants. The agenda can refer to changes in policies or new ways of managing an asset or client. This doesn’t just apply to businesses of course. Even homeowners’ associations can submit revisions at the gatherings. These can refer to security arrangements or regulations. The importance of administrative meetings is that it can give you the chance to study any proposed...

Why is Agriculture Important?

Why is Agriculture Important?
Agriculture is defined as a science focusing on the systematic way of producing goods through forestry as well as farming. Historians agree that agriculture played an essential role in the development of civilizations because it covers various fields of study that are significant to the survival of humans. There are numerous reasons why is agriculture important to humanity. Knowing these reasons is significant to maintain political, economic and social stability in the different regions of the world. The Importance of Agriculture Why is agriculture important? Agriculture is the key element to the discovery of the various means of collecting and storing foods during the early times. The concept behind the creation of food surpluses will not be developed without people’s understanding of...