Table of Contents Introduction 3 Background to BP plc 3 The Gulf of Mexico Incident 4 BP’s Historical Market Positioning 4 Internal and External Analysis 5 Internal Analysis – The SWOT Model. 6 External Analysis – The PESTLE Model 8 Strategic Choices 9 Recommendations 10 Porter’s Generic Strategies 10 Ansoff’s Matrix 11 Conclusion 12 Bibliography 12 Introduction The global business environment has never been more challenging for companies and corporate management teams
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Ecological Effect of the BP Oil Spill on the Environment Introduction: The BP oil spill‚ (also known as the Deepwater Horizon oil spill the BP oil disaster‚ the Gulf of Mexico oil spill‚ and the Macondo blowout) was an oil spill that happened in the Gulf of Mexico on the BP owned and operated Macondo Prospect on April 20‚ 2010. This oil spill is considered the largest and most devastating oil spill in the history of the petroleum industry. The cause of this oil spill according to
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1) Profit maximization is described as short-term goal within a given period of time. A corporation may maximize its short-term profits at the expense of its long-term profitability. In contrast‚ stockholder wealth maximization is a long-term goal‚ since stockholders are interested in future as well as present profits. According to world academy (2013)‚”wealth maximization is generally preferred because it considers (1) wealth for the long term‚ (2) risk or uncertainty‚ (3) the timing of returns
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Introduction Commercial banks are the most important savings mobilization and financial resource allocation institutions. Consequently‚ these roles make them an important phenomenon in economic growth and development especially in countries where capital markets lag behind and financing needs of the economy generally flows from the banking system. It is interesting to note that the role of banks in saving mobilization and allocation of financial resources to various investment opportunities
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Department of Justice by Monsanto. This level of corporate governance is something I think many large corporations would not do. The farmers‚ who are primary stakeholders because they buy seed from Monsanto get a lot of attention from Monsanto. The development of new seed allows farmers to grow more crops per acre with less chance of crop loss due to weeds‚ disease or insect damage. They effectively responded to consumers by shifting focus of genetically modified corn to corn that is not directly eaten
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Complex World MBM500: Semester 1‚ 2013 Author: Daniel Smith – 5549426 Title: The Analysis of BP and the Deepwater Horizon Disaster of 2010 Due Date: 5/5/13 Word Allocation: 2193 excluding executive summary‚ headings‚ tables‚ references and appendices Executive Summary This report provides an examination into British Petroleum (BP) and the Deepwater Horizon disaster of 2010. It looks specifically at the functional area of organizing
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Dr. M.S.PUNIA EXECUTIVE DIRECTOR National Oilseeds & Vegetable Oils Development Board‚ (Ministry of Agriculture‚ Govt of India)‚ FOREWORD India stands at sixth place in the world in energy need and overall demand of crude oil which is expected to rise annually by 5.6% upto 2011. The scenario of rising prices in the world oil market and respective foreign exchange cost are the main risk factors for Indian economy and social development prospects. Moreover‚ increased consumption and high dependence
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BP – The $40billion Safety Culture Vacuum On March 23rd 2005 a huge explosion at BP’s Texas oil refinery killed 15 people and injured more than 180. Most were its own staff. The refinery had suffered safety problems before. The previous year two workers died when scalded by super-heated water that escaped from a high-pressure pipe. The British media focused on the effect of the 2005 blast: the price of oil rose by several $s a barrel. In Texas‚ however‚ the local media were outraged by ‘yet
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Cover Sheet Case Study: BP (Beyond Petroleum) Focuses on Sustainability University Instructor: 03/15/2012 Abstract When a person thinks of BP they image a green gas station and gas pumps. But BP has over 100 years of history behind it. BP was formally known as British Petroleum and the Anglo-Persian Oil Company. It was founded in 1908 by William D’Arcy‚ a rich British man who invested all his savings in his quest for oil in the Middle East. At the time BP was committed to protect the
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crisis of the British concern British Petroleum (BP). At first I would like to provide more information about the crisis and its consequences‚ then I will identify the kind of crisis we have to deal with‚ I will discuss the several communication strategies BP have used‚ I will explain the different reactions of the public on the crisis. At last‚ I will give the oil concern some advice‚ in case a reoccurrence takes place. The BP oil spill The BP oil spill was a big natural disaster in the Gulf of
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