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Nessie000 Posted 17 years ago
Grammar
'capital-intensive industry'
Hi,
Please have a look at this:
Mark Garrett, CEO of Borealis Group, a plastics manufacturer based in Vienna, Austria, began warning his people about a major decline in economic activity six months before it actually happened. His prescience enabled the company to screen capital projects in a capital-intensive industry and focus only on what was necessary.
- What does 'capital projects' mean?
- Does 'capital-intensive industry' mean an industry that needs a lot of capital?
Thank you very much,
Nessie.
Please have a look at this:
Mark Garrett, CEO of Borealis Group, a plastics manufacturer based in Vienna, Austria, began warning his people about a major decline in economic activity six months before it actually happened. His prescience enabled the company to screen capital projects in a capital-intensive industry and focus only on what was necessary.
- What does 'capital projects' mean?
- Does 'capital-intensive industry' mean an industry that needs a lot of capital?
Thank you very much,
Nessie.
Top answer
nessie000 - What does 'capital projects' mean? A project which requires investment of liquid assets, converting them to real assets. In manufacturing, it would mean purchasing raw materials and expensive equipment, such as machine tools and automation systems.
- nessie000 - What does 'capital projects' mean?
- A project which requires investment of liquid assets, converting them to real assets.
- In manufacturing, it would mean purchasing raw materials and expensive equipment, such as machine tools and automation systems.
- It could include acquisition of other companies needed to meet expansion plans.
- - Does 'capital-intensive industry' mean an industry that needs a lot of capital?
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2 Answers
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nessie000- What does 'capital projects' mean? A project which requires investment of liquid assets, converting them to real assets. In manufacturing, it would mean purchasing raw materials and expensive equipment, such as machine tools and automation systems. It could include acquisition of other companies needed to meet expansion
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The oil industry can be capital-intensive. For example, building a platform and drilling wells in deep water can cost billions of dollars - not just for the structure, but the pipelines for transporting the crude oil and gas and long-term leases of the property's mineral right.
The company could have expended billions of dollars before getting a single dollar in return.
A capit
The company could have expended billions of dollars before getting a single dollar in return.
A capit
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