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Home»Exchange»The Coast Guard Exchange
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The Coast Guard Exchange

Amber HeardBy Amber HeardNovember 17, 2022Updated:December 4, 2022No Comments3 Mins Read
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The Coast Guard Exchange
The Coast Guard Exchange
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Table of Contents

  • The Coast Guard Exchange
    • CGX
    • CGX expansion plans
    • CGX mission
    • CGX diversity score

The Coast Guard Exchange

The Coast Guard Exchange System is a chain of retail stores in Virginia that provides quality merchandise and convenience for authorized patrons. The company is recognized for its commitment to quality and employee benefits. In fact, it has been named as one of the Best Retail Companies to Work For in Virginia by Zippia, a company that provides unbiased data-based evaluations of companies. The list is based on government data and evaluates the financial health of a company and employee diversity.

CGX

The Coast Guard Exchange is a tax-free store that offers a wide range of items at discounted prices. In addition to offering items that may be hard to find, the store invests its revenue back into the Coast Guard community. Starting in 2021, civilian employees of the Department of Defense (DoD) and the Department of Homeland Security (DHS) will also be eligible to purchase items at the CGX.

The Coast Guard Exchange System employs approximately 1,200 people. Sixty-seven percent of employees are women, while 33 percent are men. Most employees are white, but other ethnicities are also represented. The average salary is $29,270.

CGX expansion plans

CGX is a Canadian energy company with a head office in Toronto and offices in Houston and Guyana. Its primary activities include the exploration and development of oil and gas reserves in Guyana and the development of a deep water port in Berbice. The company has been in business for three years and has plans to expand its operations.

CGX may acquire other properties to increase its land base and production capacity. This will likely result in additional debt and/or other contingent liabilities. Further, the company’s operations may be affected by fluctuations in currency exchange rates. In addition, it may not be feasible for CGX to transport its products to markets.

CGX mission

The mission of the Coast Guard Exchange System (CGX) is to provide quality goods and services to Coast Guard personnel and authorized civilian patrons. The mission is furthered by the Coast Guard’s commitment to food safety and the highest quality food service. In addition, the Exchange provides a significant MWR benefit to the Coast Guard.

To fulfill this mission, the Coast Guard Exchange provides an incentive to recruit employees. A $1,000 incentive is paid after a certain number of days of employment. The reward is given to employees in good standing. The Exchange also provides food and other items for Coast Guard members and their families through its unmanned MCX 24 aircraft.

CGX diversity score

The CGX diversity score is a free and easy-to-understand ranking based on a number of factors, including gender and ethnic balance, the size of the company’s workforce, and employee engagement. It measures how diverse a company is against its industry and national average. It is updated regularly and even includes trending data.

Diversity score is calculated from the monthly surveillance reports of CDOs. It measures the proportion of correlated assets and uncorrelated assets within a portfolio pool. A portfolio of 100 CDOs with a diversity score of 50 would have the same loss distribution as a portfolio with 50 uncorrelated assets. However, the diversity score does not take into account industries within a portfolio, such as trucking and petroleum producers. Therefore, the diversity score overestimates default probabilities and correlation, and gives insufficient weight to recovery rates after default.

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