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Back allocation to field or well Flow to consumption, power, flare: Fiscal measurement: N/A Flow to shared facility, from a satellite field: Custody transfer measurement (when ownership changes) Field allocation Flow from the reservoir: Allocation measurement: Back allocation to well or formation Flow from a gas well: E.g. with ultrasonic flow ...
In economics, the field of public finance deals with three broad areas: macroeconomic stabilization, the distribution of income and wealth, and the allocation of resources. . Much of the study of the allocation of resources is devoted to finding the conditions under which particular mechanisms of resource allocation lead to Pareto efficient outcomes, in which no party's situation can be ...
Although the basic principles are fairly similar, the treatment of synonyms in botanical nomenclature differs in detail and terminology from zoological nomenclature, where the correct name is included among synonyms, although as first among equals it is the "senior synonym": Synonyms in botany are equivalent to "junior synonyms" in zoology.
For example, the CIO may provide all IT services within the company and assign the costs back to the business units that consume each offering. The core components of a cost allocation system consist of a way to track which organizations provides a product and/or service, the organizations that consume the products and/or services, and a list ...
The scanning process makes the organization aware of what the business environment is about. It allows the organization to adapt and learn from that environment. [19] When the company responds to an environmental scanning process it allows them to easily respond and react to any changes to both the internal and external business environment.
The need to understand the components of the costs of IT, and to fund the IT organization in the face of unexpected demands from user departments, led to the development of chargeback mechanisms, in which a requesting department gets an internal bill (or "cross-charge") for the costs that are directly associated to the infrastructure, data transfer, application licenses, training, etc., which ...
Market failure means that markets fail to allocate resources efficiently. As stated by Hanley, Shogren, and White (2007): [7] "A market failure occurs when the market does not allocate scarce resources to generate the greatest social welfare. A wedge exists between what a private person does given market prices and what society might want him ...
According to Townsend, business ecology is the study of the reciprocal relationship between business and organisms and their environments. The goal of this "business ecology" is sustainability through the complete ecological synchronization and integration of a business with the sites that it inhabits, uses, and affects. [18]