Company and Industry Background
Rio Tinto Group is an international group of companies in the mining sector emerged in 1995 from the merger of Rio Tinto-Zinc Corporation, based in the UK and formerly known as Rio Tinto Company Limited, and Rio Tinto of Australia Limited Conzinc with based in Australia. Is withdrawing group of the world's largest coal with a profit of $ 10.2 billion 2012. With a set of 66,000 people working in over 40 countries across six continents, Rio Tinto Group is dedicated to the extraction of iron ore, copper, coal, talc, titanium dioxide, salt, aluminium dioxide and even diamonds through several divisions (Rio Tinto 2014).
The company is organized into five main operating businesses, each distinguishable by type of product:
Rio Tinto Copper: copper and by-products such as gold, silver, molybdenum and sulphuric acid.
Rio Tinto Alcan: aluminium, bauxite and alumina.
Rio Tinto Energy: coal and uranium.
Rio Tinto Diamonds & Minerals: diamonds, industrial minerals such as borax, talc, salt, gypsum and titanium dioxide.
Rio Tinto Iron Ore: Iron ore and iron.
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Rio Tinto Group is formed as a double-quoted company, listed on both the London Stock Exchange, under the name Rio Tinto Plc, as the Australian Securities Exchange, under the name of Rio Tinto Limited. The structure of double-quote given to shareholders of the two companies the same proportional economic interests and ownership rights in the consolidated Rio Tinto Group, so that is equivalent to being a shareholder in a single, unified entity for all shareholders of the two companies. This structure was designed in order to avoid adverse tax aspects of derivatives and regulatory burdens. In order to eliminate the problems of currency exchange accounts and dividends from the company, Rio Tinto maintains its currency movements in USD (Rio Tinto
Guillermo González Camarena was a Mexican electrical engineer who was the inventor of a color-wheel type of color television, and who also introduced color television to Mexico,
Rio Bravo, staring John Wayne, Dean Martin, and Ricky Nelson to name a few, was released in 1959 and is the perfect example of a classic American Western genre film. The film blends American political and gender role ideologies with the classic genre conventions of a Western help Rio Bravo to deliver its somewhat understated message.
April 9, 1948, was a tragic day in Colombia’s history. On this day, Jorge Eliécer Gaítán, a candidate for the presidency of Colombia, was assassinated. In the 10 hour period that followed the assassination, angry mobs marched throughout the city of Bogota, looting and burning down over 100 buildings. Before the night would end, nearly 3,000 people would die in the streets. This terrible event in Colombia’s history is today referred to as the Bogotazo. This paper examines some of the underlying reasons contributing to the outbreak of this violence and the events that transpired during the Bogotazo. The paper concludes that the events leading to the violence of the Bogotazo are still present in Colombia today and will hamper its prospects for peace in the future.
The company operates in three divisions: lodging, contract services and restaurants which represents 41%, 46% and 13% of sales in 1987 respectively.
BOLIVIAN PARADISE Bolivia is an amazing country that is breathtaking and is similar to a paradise. Bolivia is an interesting country that practices an interesting style of living. Locals always have plenty to do. They can go out for pizza, go see movies, or simply sit and talk.
The subsoil is likewise a source of riches. An example of this is the world’s largest open cast coalmine, located on the peninsula of La Guajira, which pro...
Panama is the southernmost country of Central America. It sits on the isthmus connecting north and South America. Panama remains bordered by Costa Rica to the west. Colombia is to the southeast. The Caribbean is to the north and the Pacific Ocean to the south. Panama City is the capital of Panama. Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821.Panama has the third largest economy in Central America and it is the fastest growing economy and the largest per capita consumer in Central America. In 2013, Panama ranked fourth in Latin American countries in terms of the Human Development Index, and is ranked 59th in the world. Studies in 2010 show that Panama remains as the second most competitive economy in Latin America. Panama’s jungle is home to an abundance of tropical plants, animals, and birds and some of them found nowhere else in the world.
Taconite mining has become more popular ever since the rock has become rare. Taconite was once considered “waste rock,” but is currently really valuable. Since the Gogebic Iron Range has about three-fourths of all the taconite in the nation people from all over the country want to take over and start mining. Although taconite mining would do some good for the community, such as creating tons of jobs and boosting the economy for awhile, there are too many risks. Taconite mining has a negative effect on the environment and health.
Each division has its own brand management, sales, finance, product development and operations line management and was evaluated as a profit center.
Many countries have the pleasure of celebrating Independence Days. These historic holidays are filled with nationalistic celebrations and delicious traditional food. In Chile, the natives celebrate their break from Spain with Fiestas Patrias. In Mexico, the president begins the celebration by ringing a bell and reciting the “Grito de Dolores” and he ends his speech by saying “Viva Mexico” three times.
Task One E1 They type of businesses 1. Private and Public enterprise 2. Limited Liability 3. Franchising I will define each type of business with some advantages and disadvantages. For The Coca-Cola Company ... ...
The Different Ways Organizations Can Be Structured and Operated There are four major ways a company - organization can be structured and operate. P.C.G (o) Ltd I would dare say that is structured and operates with the functional structure. In order to make it clear and understandable I am analyzing here below the four ways that organizations can structure and operate. We will observe that all four structures have there advantages and disadvantages. In order also to assist you understand better the differences of the four ways that organizations can be structured see in Page 4 & 5 Figures 1,2,3 which are the layout of the organization charts for each structure: 1.
The major issues facing the company comprises of there being multiple businesses with different demands. There are separate levels of performance and success as well as growth chances for each of the sector and the firm needs to tackle with issues in each of these divisions (Dube, J.P., 2004).
Though it has had many negative impacts on the environment in the past, mining is a vital industry completely necessary to our economy and lives. Nearly every item we use or encounter in our day to day lives is mined or contains mined products. Without the excavation of such materials things like computers, televisions, large building structures, electricity, and cars would not be possible. Virtually every technological and medical advance uses minded materials, without which millions would suffer. Some examples of minerals in the home include the telephone which is made from as many as 42 different minerals, including aluminum, beryllium, coal, copper, gold, iron, silver, and talc. A television requires over 35 different minerals, and more than 30 minerals are needed to make a single personal computer. Without boron, copper, gold and quartz, your digital alarm clock would not work. Every American uses an average 47,000 pounds of newly mined materials each year, which is higher than all other countries with the exception of Japan, which is a staggering figure representative of our dependence and need for mined minerals. Coal makes up more than half of nation’s electricity, and will continue to be the largest electrical supplier into 2020 & accounting for some 95 percent of the nation's fossil energy reserves – nine of every ten short-tons of coal mined in the United States is used for electricity generation. As the population of the world grows more mineral resources must be exploited through mining in order to support the rising demand for such products. Though it may present a hazard to the environment and those physically located nears the mines, the materials extracted from mines...
Business structure is a critical factor to determine a company 's success or failure. Generally, larger organization has a more complex organizational structure. In the case of H&M, they had adopted matrix structure, one of the traditional organizational structure, into their business. As shown in figure 1, range of functional groups is listed horizontally across the table and on the other is product/task with a manager taking control of each. The functional structure is divided