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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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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BP Disaster at Sea In 2010 the nation was dealt the worst oil spill in the history of the USA‚ the BP oil rig Deep water horizon in the Gulf of Mexico. This major catastrophe destroyed some people‚ millions of aquatic wildlife‚ birds and the reputation of BP all in one fatal event. What caused this mind blowing disaster to happen? We will take a look
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The BP Oil Spill “Thank God men cannot fly and lay waste to sky‚ as well as the earth‚” said Henry David Thoreau on environmental damage. The BP‚ or British Petroleum‚ Gulf oil spill has been widely referred to as the biggest environmental disaster that the United States has ever faced‚ with over four million gallons of oil pouring into the waters off the Mexican Gulf Coast. The BP oil spill occurred in April of 2010. It was‚ and still is‚ the biggest oil spill in all of U.S. history. The massive
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“In Good Company” -Social Relationships Relationships are an important part of everyday life. They are important in the social aspect of friendship and in the working environment. "In Good Company" is a movie about relationships and the business world. Dan Foreman‚ a 51 year old man‚ is the Sales Director at Sports America magazine. He is a very good salesman who has built relationships with his customers. When Sports America has an unexpected take over by Globe Com‚ Dan and his co-workers find
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A company?s financial statements and ratios are good indicators of its performance over the years. This report specifically compares the ratios for 2004 and 2005‚ with some additional insight into 2003‚ 2002‚ and 2001. The current ratio has increased by 0.0534 from 0.9900 to 1.434. As the current ratio is a measure of liquidity and ability to meet short-term debt requirements‚ BP was more able to meet their short term debt obligations in 2005 than 2004. From 2001 to 2003 the current ratios were
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disasters in Alaska and Texas. Specifically‚ BP ’s defensive approach towards stakeholder management led to lavish compensation for upper level management while creating hazardous working conditions for employees and a burden on all of society in the form of rising oil prices and environmental damage. Background British Petroleum was founded in 1908 and since then has rapidly grown to become the eighth largest company in the world . However‚ as of late‚ BP has come under fire for several high profile
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BP is one in six of the largest oil and gas companies in the world. BP stands for British Petroleum‚ but that was not the first name of the gas and oil company‚ it all started in 1908. Explore George Reynold’s went on a mission to find oil in Persia and he did not fail. The mission was actually for a man by the name of William D’Arcy. This oil that was found became part of BP’s first company name the Anglo-Persian Oil Company‚ but that’s not what everyone thinks or knows about when someone says BP
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1. Do you agree or disagree with Tony Hayward’s quote at the end of the case? Was this disaster strictly a BP failure or an industry accident? (One of my biggest mistakes was that I allowed myself to become the lightning rod for hatred and anger.” He went on to say‚ “I genuinely feel that this could have happened to anyone. This is not BP. It is an industry accident.) I mostly agree with Tony Hayward because an accident of that size is a result of a complex combination of mechanical failures‚
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Jeff Grisan April 7‚ 2011 Case Study #2 British Petroleum “BP is one of the world ’s largest energy companies‚ providing its customers with fuel for transportation‚ energy for heat and light‚ retail services and petrochemicals products for everyday items” (BP‚ 2011). The organization is the fourth largest company in the world‚ operates in over 80 countries and employees more than 80‚000 people. BP produces approximately 3.8 million barrels of oil equivalent per day with more than 18
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