Fashion Institute of Design and Merchandising The Extractive Industries Questionnaire
Question Description
I’m working on a international economics multi-part question and need an explanation to help me understand better.
CHAPTER 12 The Extractive Industries
Question 1 The Extractive Cycles and Strategic Stage Sequences
- Define and explain each strategic cycle of the extractive industry.
- Explain the challenges of extractive firms to find new sources of supply.
- Explain the need for extractive yields and why.
- What is the connection between exploration and market conditions in the extractive industries?
- What does it mean regarding time and investment for development? Explain in detail.
- The rise of specialist firms seems to have become necessary and required. Do you agree or disagree with the above statement and why? Explain in detail your position.
- What is the definition of a specialist firm in the extractive industry?
Question 2 The State as a Regulator
- The state interferes with the above extractive cycles. Do you agree or disagree with this statement? Explain in detail.
- Countries who take over the extractive industry in the long run fail. What does this mean? Explain in detail as to whether or not you agree with this statement.
- Outside investment in the states natural resources means that the state will lose control of its resources. Do you agree with this statement? Explain in detail.
- Can the state be an extractive operator? Explain how the state might accomplish this goal.
- Is the state more effective as an operator than a private company? Why or why not? Explain in detail
Old version book: http://iss.ecnu.edu.cn/_upload/article/files/64/60/d73e7e414d44961b1d581595e55b/80312729-6ba5-44fa-abc4-f20984ae7a5d.pdf
Chapter 12 is Chapter 8 in the old version book.
Chapter 8: MAKING HOLES IN THE GROUND: THE EXTRACTIVE INDUSTRIES
Do not contain too many references, answer and expand the question according to the content of the book.
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