cooperating and negotiating with BP on the merger issue. Based on Amoco’s stand-alone valuation‚ it was reasonable to estimate $47 million enterprise value and $41.5 million equity value‚ with a walking-away exchange ratio 0.54. Then adding synergy‚ it reached an opening exchange ratio 0.72. Through further negotiation with BP‚ both parties reached a conclusion on certain level synergy distribution and agreed to close the deal at an exchange ratio of 0.65. The merger of Amoco and BP had strategic significance
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Berge‚ Andrea MGMT 485W Spring 2013 Case Study: TNK-BP (Russia) INTRODUCTION “This case portrays the highly uncertain scenario facing BP in Russia at the end of 2007. In the midst of unraveling relations with its cooperative partner and undesirable host government practices‚ ideal strategic conditions are implausible. In order to maximize outcomes under such imperfect circumstances‚ BP ’s senior management needs to fully assess the situational risks‚ understand the dynamics and motivations
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Conclusion 10. Appendix 1 11. Appendix 2 12. Appendix 3 13. Harvard Reference Abstract: BP is a British global energy company and is the 4th largest company in the world. This report is in relation to BP’s profitability‚ product development‚ market power and placement. The report uses PESTLE analysis to investigate these areas providing an insight to the successes and failures of BP during recent years. It covers the failures of Russia which has been a failure in terms of past successes
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Malika Tappe Competency Standard 6 To maintain a commitment to professionalism As an early childhood provider it is very important to me to maintain a commitment to professionalism. There are many ways I show how I keep professionalism in the workplace. I am very reliable and I enjoy working with children and I keep a positive attitude in my role. I come to the workplace on time and with a smile on my face. I make sure I wear clothes that allow me to get messy with the children but are still
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Analysis – BP America‚ Inc.: The Prudhoe Bay Oil Spill and a Commitment to “Being Green” Michelle L. Staton Case Summary The Angelo-Persian Oil Company was formed in 1909 by a wealthy Englishman named William Knox D’Arcy. It did not operate under the British Petroleum (BP) name until 1954. In early 1959‚ BP discovered hydrocarbons under the North Sea and Alaska‚ and found the West Sole gas field in 1965 which was the first oil exploration success in British waters. In 1969‚ BP discovered
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Definition Organizational commitment may be viewed as an organizational member’s psychological attachment to the organization. Organizational commitment plays a very large role in determining whether a member will stay with the organization and zealously work towards organizational goals. Theory A prominent theory in organizational commitment is the three-component model (TCM). The model argues that organizational commitment has three distinctive components: 1. Affective commitment is your emotional attachment
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“A study on the role of perceived organizational support and job satisfaction on organizational commitment with reference to employees in Wellfit Auto Industries. “ Table Of Contents Introduction…………………………………………………….7-8 Company profile……………………………………………….9-10 Review of literature…………………………………………..11-18 Research Methodology……………………………………..19-22 Analysis…………………………………………………......22-31 Findings‚ Suggestions & Conclusion……………………32-34 Bibliography……………………………………………….35
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Critically evaluate the concept of organizational commitment and consider the difficulties involved in securing employee commitment. INTRODUCTION: An organization is a social body consisting of a group of people who share a similar goal or work towards achieving a single goal. They are well structured and managed in such a way so the goal can be reached most effectively and efficiently. Organizations are of various types. It can be private (led by an individual or a group of people) or public (led
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and fulfilled the Chaplain position‚ showing initiative to improve the Battalion and enhance my understanding of cadets. Furthermore‚ I was the Saber Guard Commander. I contacted West Point in order to receive proper instructions‚ exhibiting my commitment to correct procedures. Also‚ I revised and wrote many SOP’s‚ proving my ability to spot an area of improvement and develop solutions. Next‚ I will lead the JLAB Leadership Team to Washington‚ D.C.‚ exemplifying my understanding of JROTC principles
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Commitment First of all I’m going to talk about what I think commitment is. The word commitment can be described in different ways. Commitment can be a promise or an oath. Commitment can also be an engagement or involvement. Many people think that the word commitment refers to a relationship or goal. These are correct but commitment means so much more. I feel that commitment is a choice to be constant with a certain goal. I get my commitment with a support system to keep me striving for the best
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