.........................................................................................................................................2 Do you agree with Tony Hayward’s quote at the end of the case? .................................................................2 Was this disaster strictly a BP failure or an industry accident?........................................................................2 What factors affect the competitive environment of the oil industry? .....................
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Problem definition There were many problems but the main issue was in the following: The Decision making in both incidents was not rational Lack of planning for unexpected problems‚ although as mentioned in the two cases weather problems can be predicted approximately‚ so a solid plan should have been made. Problem Justification Although Rommel’s decision is a legal and rational decision from his point of view‚ yet it was not an ethical one and it was biased. His decision was utilitarian it
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As a member of a community where Bakken oil is transported‚ I am concerned primarily with the prevention of an accident or an act of terror. In regards to the prevention of an accident‚ I would like to see railroads take great care in planning their risk management. As of 2010‚ 225‚000 barrels a day were transported through North America; which is 75 times the 3‚000 barrels a days transported in 2005 (Michigan State University‚ 2016). Not only‚ is their more Bakken being transported through North
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1. In a defined-contribution (DC) pension plan‚ the employee or employer‚ or both‚ make regular contributions to the plan. In the US‚ employees typically set aside a predetermined percentage of their earnings which is deposited to the plan and the employer will match that contribution. Ultimately‚ the amount of money available to the individual upon retirement is determined by the performance of their investments. Each employee retains the option to choose how to diversify their investments‚ while
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Technical Aspects of the Sustainability Program Intel’s biggest threat to its future in the business scenario comes from its inability to successfully establish its mobile chip business in the industry. Through its technological requirements for its sustainability program‚ we believe that it would also benefit Intel in the mobile segment. Digital Literacy Intel must invest in Low Cost Low Power (LCLP) Chips to provide cheap and robust computing power. Intel must also provide investment in communication
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Sustainability Initiatives of Intel Commitment to Clean Energy. Intel has made a commitment to purchase REC Certificates for all its US Energy Use. REC represents economic rights to the production of renewable electricity generation. REC helps buyers in procuring renewable power across a diverse region. Since 2013‚ Intel has been purchasing REC’s to hedge 100% of all its United States Electricity Usage. Intel has also committed to reduce its Greenhouse Gas (GHG) by 10% per unit from its 2010 levels
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BP By: Anna DeHart About BP “BP is one of the worlds leading international oil and gas companies‚ providing its customers with fuel for transportation ‚ energy for heat and light‚ retail services and petrochemical products for everyday items” In 1908 oil was found in a rugged part of Persia after a long search. Things we do are: • Find oil and natural gas • Extract it from hard to reach places • Move it to sea or land • Make what is needed from it • Generate low carbon power • Build construction
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Case Synopsis: A Steely Resolve Nucor is a steel manufacturing company that makes steel by recycling used metals and reforming them into new beams and sheets. Nucor has long had a reputation as a good place to work‚ although its human resource management policies have generated some controversy. Employees are paid by how much they produce‚ the more they produce the more they make. Yearly bonuses are based on overall company performance. Employees can choose how hard they work
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In 1980 Children Disaster Services was having meetings children to set up children care centers and also shelters and disaster centers across the nation for children. Some have been specially trained to respond to traumatized children. Even volunteers was provide which they provide a safe and calm environment. This is basically is set up for children‚ floods‚ hurricanes‚ wildfires really natural or human caused disaster. It has been volunteers all across the county that participate (Peek‚ Sutton
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The Soyuz 11 Space Disaster: A Case Study in Engineering Disasters ENGG 123 November 20‚ 2011 ABSTRACT In 1971‚ Soyuz 11 was the first manned spaceship to contact the first space station. As the astronauts were preparing to re-enter the earth ’s atmosphere the crew cab depressurized and the astronauts were killed within seconds. This paper will discuss the events that happened and how they were investigated. It will also discuss how the disaster affected future engineering decisions regarding
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