William Voisin Professor Mazpule Psyc. 2001 June 5th‚ 2013 BP (Beyond Petroleum) focuses on sustainability 1) Based on the history of the company‚ why did BP get involved in so much questionable conduct? The reason why BP got involved in so much questionable conducts is because at first they didn’t want to spend the money on fixing the stuff. They have been ignoring all these red flags and at the end they ended up spending much money. They could of saved a lot of money if they had fixed
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Three factors that influence BP oil companies operational and contingency planning include‚ unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods‚ which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.
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Petroleum (BP) has won acclaims and awards for CSR. But Swaminathan S Anklesaria Aiyar (Times of India‚ Bangalore edition 2010) argued in his article that BP has created the greatest environmental disaster in history which includes its out-of-control Macondo deep-sea well. Gulf of Mexico oil leak is another big historical issue. BP has created a huge image building campaign of ‘beyond petroleum’ critics say that BP has now spindling with ‘beyond problems’ (NJ Watson‚ Petroleum Economist‚ 2009). BP states
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The Stakeholder Theory Charles Fontaine Antoine Haarman Stefan Schmid - December 2006 - Stakeholder Theory of the MNC Index 1. Introduction ........................................................................................3 2. Basic idea of the Stakeholder Theory and Definition ....................3 2.1. 2.2. 2.3. 2.4. 2.5. The stakeholder concept – popular and trendy..........................................................................4 Different definitions of Stakeholder
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Stakeholder Salience Joy R. Kidd GCU: ORG-807 Stakeholders Role in Organizations December 24‚ 2014 Stakeholder Salience Introduction Developing a relationship between and across organizations and its stakeholders can be counterproductive and interdependent to decision making. Globalization effects stakeholder’s coalition building and salience in organizations. It is known as an ongoing process or interrelated events of increasing movement of services‚ goods‚ and capital
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An Integrated Distance Learning System Capable of Supporting Interactions for Asynchronous Distance Learning Shimon Sakai‚ Tsunenobu Narahara‚ Naoaki Mashita‚ Hiroshi Shigeno‚ Ken-ichi Okada School of Science for OPEN and Environmental Systems‚ Graduate School of Science and Technology‚ Keio University 3-14-1 Hiyoshi‚ Kohoku-ku‚ Yokohama‚ 223-8522 Japan shimon@mos.ics.keio.ac.jp Yutaka Matsushita Telecommunications Advancement Organization of Japan Banzai-Biru‚ 2-31-19‚ Shiba‚ Kohoku-ku‚
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BP Oil Spill By: Kerrie Neff MGT 480 Due Diligence: Facts: I am focusing on Tony Hayward‚ former CEO of BP and I am here to address the issue regarding the Deepwater Horizon oil rig that exploded and ultimately caused one of the nation’s worst environmental disasters in the Gulf of Mexico in 2010. To begin‚ there are many facts that led up to the incident‚ and then for many years after. BP and Hayward had already been questioned on their ethical conduct. The questions include fraud‚ environmental
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The 2010 BP oil spill that took place on the BP-operated Macondo Prospect claimed 11 lives‚ and is considered to be the largest marine oil spill in the petroleum industry’s history. The spill flowed continuously for 87 days until it was declared to have been contained on 15th July 2010 and finally sealed on 19th September of the same year (BP‚ 2013). However‚ unconfirmed reports indicate that some of the well sites continue to leak (Pulham‚ Hilaire & Fenn‚ 2010). The spill took a physical and psychological
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BP COMMUNICATION FAILure DURING GULF OIL SPILL CRISIS An important component of crisis management is response. Response can include several actions such as communication with stakeholders‚ the public and the government. Appropriate and effective communication can minimize the distribution of incomplete and inaccurate information‚ reduce speculation and prevent or quell rumors. In fact‚ studies suggest that the message itself can affect the public’s evaluation of the company and perhaps
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Petroleum Company British Petroleum Company (BP) is a British multinational oil and gas company. It is the third-largest energy company and fourth-largest company in the world. It is vertically integrated and operates in all areas of the oil and gas industry‚ including exploration and production‚ refining‚ distribution and marketing‚ petrochemicals‚ power generation and trading. It also has renewable energy activities in biofuels and wind power. BP has operations in over 80 countries‚ produces around
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