BP Crises Law/531 October 1‚ 2012 The Deepwater Horizon disaster attributed to BP‚ a multinational oil and gas company‚ occurred in 2010 dumping massive amounts of oil in the waters on the gulf coast. The BP is headquartered in London with operations in 80 countries with the largest being in the United States. Team B participated in a simulation that presented a similar scenario as the oil spill mentioned. The company in the
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About BP BP at a glance - BP at a glance BP is one of the world’s leading international oil and gas companies. We provide customers with fuel for transportation‚ energy for heat and light‚ lubricants to keep engines moving‚ and the petrochemicals products used to make everyday items as diverse as paints‚ clothes and packaging Key facts Countries of operation a Around 80 Number of employees 83‚900 Economic value generated by BPb $403.3 billion Replacement cost profitc
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Internal and External Factors In a variety of business environments around the world‚ four management functions are usually found. The functions are planning‚ organizing‚ leading‚ and controlling. These are used from top-level management to frontline or organizational management. Globalization‚ technology‚ innovation‚ diversity and ethics are factors that affect these business functions. One can examine almost any organization and find this to be true. Wal-mart is one of the leading retail
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British Petroleum Company (BP) and Amoco Corporation are two of the largest oil and gas firms in the world. In spite of the intense rivalry between the two companies for several years‚ they decided to merge in 1990. The upstream business of BP which is exploration and manufacturing of crude oil accounted for 68% of its revenues while that for Amoco accounted for 60%. BP Amoco after the merger in 1998‚ their business involved exploration and production of crude oil. This was their upstream business
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their full potential. Model the way 4. 5. They challenge conventional beliefs and practices‚ and they create change. They don’t just tell people what to do‚ they are living examples of the ideals they believe in. Encourage the heart They show appreciation‚ provide rewards‚ and use various approaches to motivate people in positive ways. Being an effective leader •Know the group you are leading. •Adjust to meet the group dynamics. •Inspire a shared vision •Enable others to act •Model
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How Internal And External Factors Effect The Levels Of Management For a company to be successful in the long term today‚ they must be diverse. The company needs to be able to adapt to changes. The need for these changes can present themselves from many angles. Some would include changes in the economy‚ marketing‚ or even a change in the target audience. A company has to look at more than just the four levels of management. Organizations must look at how internal and external factors can affect
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The current issue and full text archive of this journal is available at www.emeraldinsight.com/1751-1348.htm Henri Fayol‚ practitioner and theoretician – revered and reviled Mildred Golden Pryor and Sonia Taneja Department of Marketing and Management‚ Texas A&M University-Commerce‚ Commerce‚ Texas‚ USA Abstract Purpose – Fayol’s theories were the original foundation for management as a discipline and as a profession. Also Fayol was the first to advocate management education. Yet he has critics
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Chris Intro to Business 9/22/10 BP and Ethics This case is about the safety problems faced by BP‚ the third-largest oil and gas producer in the world. On March 23‚ 2005‚ an explosion at BP’s Texas City refinery resulted in one of the most serious workplace accidents in the US. An investigation by The US Chemical Safety and Hazard Investigation Board (CSB) uncovered many safety lapses at the Texas City refinery. BP was accused of endangering its workers by compromising on process safety due
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strategy Oil companies were the worst performing brands in the world market. There was no brand in the oil industry that had created positive perception in the public. During the late 1990’s BP has decided to change this perception for their brand. The main idea was to create a symbolic capital for BP. The definition of symbolic capital is given by (Bourdieu‚ 1974/1977 sited in Holt & McNulty‚2008‚p.76) as “ the resources by which authority and credibility are established amongst employees‚ peers
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HABAKKUK OUTLINE I. The Questions of Habakkuk..............................1:1-2:20 A. The First Question..........................................1:1-4 B. God’s First Reply..........................................1:5-11 C. The Second Question of Habakkuk...........1:12-2:1 D. God’s Second Reply......................................2:2-20 II. The Praise of Habakkuk........................................3:1-19 A. Habakkuk Prays for God’s Mercy...................3:1-2 B. Habakkuk Remembers God’s
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