College Tuition The Debate Negotiation - 1950 Words

As college tuition continues to rise, the debate negotiation increases. Each year, students and parents dive into the college search process, comparing schools and costs, loans and scholarships, questioning, is a college degree worth the cost? Well, yes, it most definitely is. According to the Bureau of Labor Statistics, (in is college worth it? Americans see it as a good investment, Bankrate survey finds) â€Å"greater levels of education correspond to greater income† (Pound, A). Kinda like the more you spend, the more your gain. However, according to Daniel Lewis, â€Å"Student debt is a major factor in the devaluation of a college education. In Study conducted by economics at Georgetown University found out from 1973 to 20172015, the average†¦show more content†¦An academic year at a private university averaged $47,831† (Lewis, D). According to â€Å"The Complete College America Alliance of States, the number of students graduating with a bachelor’s degree in four years ranges between 19% and 36%, depending on the university† (Lewis, D). The average graduate spends an extra half to a full year to graduate (4.4 to 4.9 years), adding to the base costs of attendance. As a consequence, the typical cost of an undergraduate degree is well over $100,000, not including the lost income for the extra years spent in school, or interest incurred in paying back loans. However, Just graduating from college is not enough to ensure a good job or a bright future, a class standing matters. A 2014 report from the Federal Reserve Bank of New York indicated that â€Å"those graduating in the lower 25% of their college class learn about the same or less than the typical worker with a high school degree† (Abel and Deitz, E). As a consequence, the authors noted that the cost of earning a bachelor’s degree isn’t worth it for some people. Fortunately, there are alternatives. As of two years ago, which was 2016, college graduates earned an average of $1,341 more per week than those without a college degree. The Bureau of Labor Statistics also found that the unemployment rate of those with a bachelor’s degree is roughly half the rate of those without higher education experience. That rate drops to less than 2.5Show MoreRelatedPublic Private Partnerships And Higher Education1554 Words   |  7 Pagesdisplay of factors and output of Public-Private Partnership (Summit, 2016) If utilized properly, public-private partnerships can be leveraged to existing relationships, current housing tuition and future housing tuition acquire new buildings without having to utilize savings or obtain loans. Using current savings from tuition or donors could prevent that ability to make other equally essential purchases difficult. Acquiring a conventional loan may be difficult because it is determined by the universityRead MorePolitical Issues On Student Loans1962 Words   |  8 Pages Jieying Bai Professor Nguyen Political Science 1 October 25, 2014 Political issues on Student Loans As a student who has difficulties affording increasingly high tuition in college, financial aid and student loans is one of the biggest concerns for me. Even though with a low-interest rate of student loans, it is still hard to pay back the debt after graduation. As in recent years, the cost of universities in America hasRead MoreA Student Athlete s Scholarship1491 Words   |  6 Pagesfrom an in state and out state recruit. It was stated that â€Å"in-state recruit at the University of Michigan is looking at $12,634, while an out-of-state undergrad s tuition scholarship would be $37,782†. Many people don’t have the knowledge about what the money covers. Scholarships cover a variety of amenities from university fees, tuition, housing, a meal-plan, textbooks, etc. to make the student feel comfortable and equipped to do his/her work. After all fees are covered, the athlete is usually leftRead MoreEssay on Government in Education782 Words   |  4 PagesThe party is in favor of home schooling and calls for enforcement of laws that would protect the family’s privacy to do so. As college tuition continues to rise, Republicans want to increase the access to these universities with savings accounts. These savings would target higher benefits for students who take more challenging courses in high school. There is also much debate over prayer in schools. The Republican Party continues to work to get voluntary prayer back into schools. I think that the mostRead MoreThe Price Of Poverty At Big Time College Sport1549 Words   |  7 PagesEvery year hundreds of college athletes get their named called to the next level of their sport. 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College athletes are not beingRead MoreThe Civil War Of The United States Essay2280 Words   |  10 Pageshe needed a larger more federal plan in place to help assist the freedmen. This is where he allowed leadership from Major General Oliver Howard to control the operations of the Freedmen’s Bureau. In addition, the negotiations over land distributed through the Bureau caused intense debates. The problem was that federal agencies were not sure if they wanted to settle the freedmen on ex confederate land. Ultimately, the Freedmen’s Bureau had dominance to take over all abandoned and confiscated land.Read MoreDescribe An Existing Organization And Its Objectives2159 Words   |  9 Pagesorganization and its objectives(s). Cuyahoga Community College (CCC) is located in Cleveland, Ohio and has 3 campuses located in Downtown Cleveland (Metropolitan), Highland Heights (Eastern), Parma (Western), and Westlake (Westshore). CCC also has satellite sites for Workforce Development (Metropolitan) and the Brunswick University Center (Brunswick). CCC main objective is deliver high quality education while keeping tuition low. The main goal of the college is to successfully guide students to graduateRead MoreFinance of Higher Education in the 21st Century2525 Words   |  10 Pagesinvoluntarily acknowledge the idea of two being unquestionably related. Rise in the expenses to support the educational needs of the century requires an active cooperation between the academic and the corporate sector. The issue can be resolved through negotiation between the governing bodies as well as the corporate sector and the academics, over issues of rights and plan of curriculum and higher educational projects which are custom arily exclusive matters to be determined solely by the academics. The researchRead MoreThe Work and Training of Barristers and Solicitors Essay example1757 Words   |  8 Pagesalways been a voluntary organisation and about 85% of practising solicitors are members. Under the Solicitors Act 1974 it makes training regulations relating to examinations and articles. It maintains the role of solicitors, has a teaching college and provides club facilities for its members. It is also responsible for the administration of the Legal Aid scheme in Civil proceedings. From 1980, to become a solicitor you needed to have, either a law degree, or a non-law degree;

The Rise Of The Medieval Period - 922 Words

The â€Å"Medieval period was the period of invasions, battles and wars, which gave rise to the feeling that population growth is necessary to survive and to defend. It was a common belief that who will carry the weapons, if men are lacking? Man was considered as the best wealth.† (Hussain pg. 100) From the 5th century to the 15th century, a part of the population had a reason to justify their population growth and that was to increase population size in order to win battles and wars. In the 21st century, a part of the population justifies population growth in order to maintain a standard way of living while others due so to stay alive. Malthus was not able to see this need behind the population growth, however, and that is why I believe that Harvey is able to understand where the people and their ideologies are coming from. Population growth is vital for the world to grow, no pun intended, but for it to become a better place for everybody and everything. The key to this is not to limit the growth with ‘preventive’ and ‘positive’ checks,† (Hussain pg.101) but to learn to maintain a steady balance with the human population and the environment. The key is to reach â€Å"a state of harmony between men and land,† (Leopold, pg. 243) to be able to conserve the land for today and for tomorrow. The way we handle our Earth depends on us, but the way the growth in population continues to grow will be with or without consent of Malthus, society, economy, or positive checks. The issue withShow MoreRelatedCharacteristic Features of the Middle Ages Essay750 Words   |  3 Pages Also called the middle ages, the medieval ages were influential in European history. It dates between the 5th and the 15th centuries of european history. The beginning of the period was marked by the col lapse of Rome while its end was marked by the end of Renaissance. 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The next period of the medieval philosophy known as the goldenRead MoreThe Effects Of Climate Change On Earth1267 Words   |  6 Pagesproduced a snowball earth in which permanent sea ice extended to or very near the earths equator; this period occurred from eight hundred and fifty to six hundred and thirty million years ago. The third ice age that occurred was the Andean-Saharan it occurred during the Paleozoic from fout hundred and fifty to four hundred and twenty mi llion years ago during the Ordovician and the Silurian period; the maximum extent of glaciation developed in African and Brazil. The forth ice age was the Karoo whichRead MoreThe Evolution of the Motet Essay1297 Words   |  6 Pagesfrom traditional music to a more improvised and worldly forms. The rise and fall of the motet can be cataloged between the early 13th century with Leonin and Perotin and its slow demise in the 18th century with Mozart. 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Why Has the Power of the Federal Government Expanded Free Essays

Kenneth A. Cherisol AMH 2020 Prof. John Fitzgerald Nov 17, 2010 But WHY? Why has the power of the federal government expanded so significantly? Was this shift in power from state governments to the federal government necessary? Government power took a huge shifted from state government to federal government during and after the civil war. We will write a custom essay sample on Why Has the Power of the Federal Government Expanded or any similar topic only for you Order Now Although President Franklin D Roosevelt’s new deal is often considered the pivotal point that caused this shift, the major event attributing to this shift in power was the civil war. The first event that led to a growth in federal power was the ratification of the Constitution in 1789. Although the constitution is to protect the right of individuals and limit the power of government it led to more government power so that it can accomplish its goals. Eventually the Civil war established the federal government’s power over the states. After the civil war the Federal government had to enforce its power over the states to control issues such segregation, racism and regulating states powers over the rights of citizens. The government that was established to protect the rights of it citizens now had to look out for its economic welfare. Eventually this led the way for interest groups such as union veterans to tap into the federal treasury. The government now needed means to obtain funds for it limited treasury. Different commissions were developed to regulate aspects of the food industry, fuel, trade and eventually the entire economy. Some of these commissions include the FDA established in 1906, the Federal trade commission established in 1914 and the Federal Reserve establishes in 1913. Eventually in 1913 federal income tax was established providing a source of funds for the federal treasury. World War 1 led to future advancement of the Federal government’s power even further. The federal government now regulated waterway shipping, railways were nationalized, and the United States food administration now regulated all aspects of the food industry from agriculture, distribution and sales. During the 1920’s US agriculture suffered because the worldwide market for farm products was competitive. This led to the federal government passing tariffs of farm imports and in 1922 the Capper-Volstead act exempted agricultural cooperatives from antitrust laws. Another act, the Agricultural Credits act of 1923, made it easier for farmer to receive loans from the Federal Farm Board which was established by the Agricultural Marketing Act of 1929. The federal Government also needed to regulate the power of businesses. The Federal Government began to limit the power of business by enforcing antitrust laws created by the Shermans act of 1890. Antitrust enforcement was another area in which Federal government increased in power. I believe the expansion of the Federal Government was necessary in every way to ensure the future of US. Before the civil war the states had most of the power dictating state laws and each was concerned with better its own states not looking at the nation as a whole. This led to issues such as the south having slaves and the north not allowing slavery. Eventually this led to the civil war. The federal government is necessary to regulate the powers of the states. Acts such as the civil rights act of 1964 led to equal treatment of individuals regardless of race or color. Even after the act the federal government had to enforce the laws on the south and rebuild the south’s state governments. The federal government’s power affects our daily lives from education to regulations on entertainment and safety. Due to recent economic issues states are allowing the federal government to dictate education policy in exchange for funding. Federal taxes affect our income and ensure funding for various government programs. Federal expansion is also necessary to maintain peace with other nations and ensure the safety of American lives through funding for our military and regulating foreign affairs. I believe the growth in Federal Government is necessary and without it the US would not be as influential and powerful as it is today. How to cite Why Has the Power of the Federal Government Expanded, Papers

Why Has the Power of the Federal Government Expanded Free Essays

Kenneth A. Cherisol AMH 2020 Prof. John Fitzgerald Nov 17, 2010 But WHY? Why has the power of the federal government expanded so significantly? Was this shift in power from state governments to the federal government necessary? Government power took a huge shifted from state government to federal government during and after the civil war. We will write a custom essay sample on Why Has the Power of the Federal Government Expanded or any similar topic only for you Order Now Although President Franklin D Roosevelt’s new deal is often considered the pivotal point that caused this shift, the major event attributing to this shift in power was the civil war. The first event that led to a growth in federal power was the ratification of the Constitution in 1789. Although the constitution is to protect the right of individuals and limit the power of government it led to more government power so that it can accomplish its goals. Eventually the Civil war established the federal government’s power over the states. After the civil war the Federal government had to enforce its power over the states to control issues such segregation, racism and regulating states powers over the rights of citizens. The government that was established to protect the rights of it citizens now had to look out for its economic welfare. Eventually this led the way for interest groups such as union veterans to tap into the federal treasury. The government now needed means to obtain funds for it limited treasury. Different commissions were developed to regulate aspects of the food industry, fuel, trade and eventually the entire economy. Some of these commissions include the FDA established in 1906, the Federal trade commission established in 1914 and the Federal Reserve establishes in 1913. Eventually in 1913 federal income tax was established providing a source of funds for the federal treasury. World War 1 led to future advancement of the Federal government’s power even further. The federal government now regulated waterway shipping, railways were nationalized, and the United States food administration now regulated all aspects of the food industry from agriculture, distribution and sales. During the 1920’s US agriculture suffered because the worldwide market for farm products was competitive. This led to the federal government passing tariffs of farm imports and in 1922 the Capper-Volstead act exempted agricultural cooperatives from antitrust laws. Another act, the Agricultural Credits act of 1923, made it easier for farmer to receive loans from the Federal Farm Board which was established by the Agricultural Marketing Act of 1929. The federal Government also needed to regulate the power of businesses. The Federal Government began to limit the power of business by enforcing antitrust laws created by the Shermans act of 1890. Antitrust enforcement was another area in which Federal government increased in power. I believe the expansion of the Federal Government was necessary in every way to ensure the future of US. Before the civil war the states had most of the power dictating state laws and each was concerned with better its own states not looking at the nation as a whole. This led to issues such as the south having slaves and the north not allowing slavery. Eventually this led to the civil war. The federal government is necessary to regulate the powers of the states. Acts such as the civil rights act of 1964 led to equal treatment of individuals regardless of race or color. Even after the act the federal government had to enforce the laws on the south and rebuild the south’s state governments. The federal government’s power affects our daily lives from education to regulations on entertainment and safety. Due to recent economic issues states are allowing the federal government to dictate education policy in exchange for funding. Federal taxes affect our income and ensure funding for various government programs. Federal expansion is also necessary to maintain peace with other nations and ensure the safety of American lives through funding for our military and regulating foreign affairs. I believe the growth in Federal Government is necessary and without it the US would not be as influential and powerful as it is today. How to cite Why Has the Power of the Federal Government Expanded, Papers

Corporate Governance and Ethics Mining of Minerals

Question: Describe about the Corporate Governance and Ethics for Mining of Minerals. Answer: Background Of The Company BHP Billiton is an Australian company associated with mining of minerals, metals and petroleum. According to the market values of 2015, it is the worlds largest company related to mining and the fourth largest company in Australia with respect to revenue. Prior to this report, BHP Billiton was Australias largest company in terms of the revenue produced by it. The company was incorporated in the year 2001 as the result of a merger between Anglo-Dutch Billiton and Australian Broken Hill Proprietary Company Limited. The part of the company, which is registered in Australia, is primarily listed on Australian Securities Exchange. The global headquarters of BHP Billiton and its Australian registered office is situated in Melbourne, Australia. During the companys progress from the year 2001 the company has successfully placed bid and acquired control over many of its rival companies such as petro hawk energy, WMC Resources and Rio Tinto Group (Acharya et al. 2013). BHP Billiton operates in over 25 countries around the world in the market of mining, gas production, processing and even production of oil. The company has over 41,000 employees on its list as on March 2016. The company had recorded 250 million barrels of oil, 230 metric tones of ironore, 1.7 Million tons of copper and 40 metric tons of coal (Market Realist 2016). BHP Billiton has a social policy of donating 1% of its three years average profit in programs based on community development. The company has also made US$ 100 million donation to charitable entities. It is one of the 90 companies, which has been authorized to extract and market fossil fuel in the world (BHP Billiton, 2016). Criteria For The Review For the purpose of the review of lackluster performance of BHP Billiton Limited in the recent times, corporate governance principles and recommendations provided by the ASX Corporate Governance Council are used. These guiding principles give eight guidelines for better governance of an organization (Council and Exchange 2014). The first guideline is associated with laying a solid foundation for management and keeping surveillance over its activities. It is the duty of the organization to disclose the duties and role of members of the management committee (Hermalin and Weisbach 2012). The second guideline provides us that the board of the company must be effective and its composition with respect to size and responsibility of properly performing its duties must be adequate. According to the third guideline, the decision-making done by the company should be ethical and rational. The fourth guideline for better corporate governance provides that, the reporting of the companys financial affair must be done by the company with care and the company should have a structure within it to authenticate and protect the integrity of such reports. The fifth guiding principle provides that it is the moral obligation of the company to reveal in a balanced and timely manner, material matters related to the company. Accordi ng to the sixth guideline, it is the moral obligation of the company to protect the interest of the shareholders and provide support for the proper execution of their rights. The seventh guideline of the code provides that the company should create a potent system to detect and deter risks, management issues and for the purpose of internal control. The final guideline of the code provides that it is the legal and ethical duty of the company to pay proper and just remuneration to the employees with respect to the effort given by them towards the company (Council, 2014). The guiding principles provide by The Global Network of Director Institute towards good governance can also be considered for the purpose of reviewing the performance of BHP Billiton limited . These guidelines provide about good governance with respect to organizational culture, responsibilities, independence of directors, disclosure of practices, nomination criteria, leadership, and risk, relationship with management, communication, evolution and remuneration. Both these codes provided by The Global Network of Director Institute and ASX Corporate Governance Council are basic to the success and growth of any organizations. The poor governance of BHP Billiton Limited, which is having a major effect on its growth, can be reviewed and analyzed through comparison with these principles and guidelines. The comparison and application of these principles to that of the poor governance of BHP Billiton Limited will give a better picture of what is going wrong in the company and how it can be amended (ArAs 2016). Critical Review Of The Organization Recently BHP Billiton Limited has been in news due to the low number of production with respect to iron ore. The production of iron ore by the company has reportedly fallen 6% year over year. The production of copper by the company also fell 6% along with petroleum product, which recorded a 15% year over year decline in production (Bocken et al. 2013). According to the production report published by BHP Billiton, limited the CEO of the company Andrew Mackenzie said that the decline in production is was due to unbalancing of the market and the production will improve over the next year and a half. He added that the price of copper and iron have been more fixed than they had assumed and they will continue to meet the demand of the products through their production. According to the chief executive officers and the companys official website, everything is going smoothly for the company. In reality, the future for the company is bleak and low production and lower profits are reflecting it. BHP Billiton Limited has suffered a loss of $6.30 billion until June in the financial year 2016 as compared to the profit of 1.81 billion the company had made a year ago. The environment in the immediate future is expected to stay difficult for the company in the coming years. The growth of the company is assumed to remain low for the rest of the year also. The decision of writing down the companies expensive assets in the previous year also hammed the progress of the company. BHP Billiton had also warned the shareholders that the divided policy adopted by the company is bound to change as a result of the poor condition of the companys progress. As compared to the 124 cents divided per share given by the company in the previous year the company has this time announced only 30 cent per share dividends for the shareholders. The total debt upon the company has also increased 7% as compared to the previous year and has risen up to $26.1 billion (Drexler,Black and Sparks 2015). These disappointing results by the company suggest that there are many internal issues within the company, which are hammering its growth (Wintoki, Linck and Netter 2012). The directors of the company are not acting responsibly towards the management of the long-term success of the company and are being incapable of addressing the needs for the companys proper growth. The constitution of BHP Billiton Limited provides for the independence of directors while taking decisions. However, the decisions taken by the directors of BHP Billiton Limited is not looking convincing and its seems like they are collectively taking wrong decisions which are affecting the growth and progress of the company. According to the principles and guidelines discussed above, the development of the company can only be achieved if the directors of the company take independent correct decisions without influence for any other source (Joseph, Ocasio and McDonnell 2014). The prima faice view of the documents provided by the company through its official website suggests that the company has all areas related to policymaking and strength of the management team covered. However, an in dept analysis of the composition of the management committee of BHP Billiton Limited gives the view that the management of the company is not skilled and capable enough to support the growth of the company in conditions which are not in favor . The corporate governance guidelines provide that the company should have an effective management team and the composition of the board should be adequate to handle the affairs of the company easily and effectively (Nini, Smith and Sufi 2012). The nomination procedure for the board of directors of a company has to clear and transparent to eliminate the existence of any unethical act with respect to nominations. On paper the nomination and appointment of director policies of BHP Billiton Limited is clear and transparent. However, in practice, such norms are rarely followed by the company and the result of such unethical acts are reflecting on the progress and growth of the company. These norms not only help to support the growth of business but also maintain a sense of transparency in the company, which makes the shareholders, and investors feel secure (McCahery, Sautner and Starks 2016). The decisions taken by the directors of the company should be based on accurate information and market conditions; they should have access to appropriate and authentic information about the market and should be skilled enough to understand its conditions. The decisions taken by the directors of BHP Billiton limited is not proving to be adequate and justified enough to improve the present situation in the company. The mining market is hitting a new low point every week and the directors of BHP Billiton Limited are not being able to cope of with the problem condition of the market. This inability to fix the problem is by the directors is eventually reflecting on the poor performance of the company (Tricker 2015). The board should be aware of when to take risk and when to play safe. The given market condition of the mining and petroleum market does not allow for risk, the market is so uncertain that an unplanned risk will most probably result in a loss. The directors of the company should not take risk due to personal ego and competition, such risk is proving to be very harmful for the progress of BHP Billiton Limited and ultimately is making the company and its shareholders bear losses (Khan, Muttakin and Siddiqui 2013). The company was also recently in the news for internal review form the commission on the internal policies of the company though the report provided by commissioner Cole was consistent with the companys internal review , there are many ethical problems going on inside the company which needs to be immediately addressed for the progress of BHP Billiton Limited. It is the responsibility of the board of directors to communicate to the stakeholders and shareholders of the company about the current situation of the company. This information provided by the directors should be correct and authentic (Larcker and Tayan 2015). If the shareholder gets other information from different sources, they will eventually lose their faith in the management of the company. This will also discourage the investors to put their money and trust in the company, which will eventually, hamper the companys progress. The directors of BHP Billiton are not giving proper information to the shareholders and other stakeholders of the company and this is causing a sense of insecurity and is belief between them. This is not only wrong ethically but also will be harmful for the companys progress in the long run (Jo and Harjoto 2012). The board of directors of BHP Billiton Limited should also take the imitative to assess the actions taken by them towards the company, and adequately address any issue which they fine inappropriate. This review of action is not seemed to be happening in BHP Billiton Limited. The directors of the company are making one mistake over another and there is no initiative on their part amends such mistakes made by them. This is ultimately taking the company to a situation where it will suffer more loss instead of recovering (Bovens et al. 2014). The remuneration received by the chief executive officer of the company and other managers who are at an influential position should be clear and transparent to the shareholders. This remuneration should be fair, reasonable and not only motivates the directors and other officers but also work in towards the betterment of the company. The non-executive directors of BHP Billiton also receiving performance based gains; this is not only unethical but also hampering the growth of the company. The financial incentives received by the non-executive directors of BHP Billiton Limited should different to that of the executive officers; they should be more focused on the long-term success of the company (Claessens and Yurtoglu 2014). It is the duty of the board of directors of BHP Billiton Limited to disclose all relevant documents with respect to the companys progress to the shareholders within an appropriate time through the companys website. This keeps the shareholders and the employees motivated which plays an important role in their support toward the company (Brammer, Jackson and Matten 2012). Recommendations BHP Billiton should frame fixed functions for the board and disclose such functions to the shareholder and other employees, for their better performance and accountability. BHP Billiton should disclose the process, which they use to evaluate the performance of the board of directors. This will help the company keep a check on the performance of the board of directors and the shareholder will feel secure about the policies of the company. The majority of the board of directors in BHP Billiton limited should be independent directors. Most importantly, the chairperson of the company should be an independent director. The same individual as at times in case of BHP Billiton Limited should not address the functions and roles of the CEO and the chairperson. It board of directors of BHP Billiton Limited should establish a Nomination Committee which will help in independent and fair nominations. BHP Billiton Limited should establish a code of conduct and take necessary steps to disclose such code of conduct with respect to maintaining the integrity of the company, legal and reasonable expectation of the shareholders and investigation of reports related to ethical issues. The board of BHP Billiton Limited should establish a committee for the companies audit; such committee should be comprised of only non-executive members and the majority of independent directors. The chairperson of the committee should not be the chairperson of the company and such committee must have at least three members. The disclosers made by the BHP Billiton Limited towards its reports must be timely and balanced and must comply with the rules set up by the ASX commission. The board of BHP Billiton limited should establish a remuneration committee and such committee should also like the audit committee be comprised of a chairperson who is not the chairperson of the company and must have at least three members in it. Conclusion Thus, if such recommendations are applied to the governance of BHP Billiton Limited then the company can expect a change towards their growth. The market conditions of the mining and petroleum market are not very progressive in the recent time and combined with the bad governance policies of BHP Billiton Limited the company is suffering from excessive loss during the recent time. Inappropriate decision of the board of directors and lack of their accountability is causing such problems in the company, which needs to be addressed immediately. The shareholder and other stakeholder are losing their faith in the management of the company and this can prove to be disastrous for the growth of BHP Billiton Limited in the long run. 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