create it to define themselves or get branded due to their actions. Therefore‚ its more important to have a the right image that reflect an organization’s commitment to quality‚ excellence and its constructive role in the society. British Petroleum (BP) is a major enterprise to redefine its core values in the light of its ethical considerations. It is an example of antagonism between its core business and it’s core values. Since years it has been subject of criticism more than any other oil producer
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C H A P T E R Organizational Culture Learning Objectives After reading this chapter‚ you should be able to: • Describe the elements of organizational culture. • Discuss the importance of organizational subcultures. • List four categories of artifacts through which corporate culture is communicated. • Identify three functions of organizational culture. • Discuss the conditions under which cultural strength improves corporate performance. • Discuss the effect of organizational culture on business
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Traditional Conceptions of Intelligence vs. EI When dealing with people from diverse cultural backgrounds‚ a leader must be able to interpret the emotions and comprehend the needs of their workforce. That’s where emotional intelligence (EI) comes in handy; having the ability to understand human expressions ranging from verbal communication‚ body language‚ and facial expressions sets leaders apart; Which differs from the traditional conception of intelligence. With traditional concepts of intelligence
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Hi all‚ Here is a brief about new trends in HR and about how is it viewed now a days NEW TRENDS IN HR Human resource management is a process of bringing people and organizations together so that the goals of each other are met. The role of HR manager is shifting from that of a protector and screener to the role of a planner and change agent. Personnel directors are the new corporate heroes. The name of the game today in business is personnel . Nowadays it is not possible to show a good financial
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PETROLEUM I. HISTORY The petroleum industry includes the global processes of exploration‚ extraction‚ refining‚ transporting (often by oil tankers and pipelines)‚ and marketing petroleum products. Petroleum in an unrefined state has been utilized by humans for over 5000 years. Oil in general has been used since early human history to keep fires ablaze‚ and also for warfare. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many
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attention to environmental problems by highlighting corporate misdeeds and thereby damaged the good reputation of those companies. However‚ nowadays those very corporations are drawing on environmentalists to help repair their reputations. Nike and BP are two examples of companies that have adopted some environmental reforms as part of their reputation management strategies and received the praise of environmental groups for doing so. Yet both continue with the practices that earned them poor reputations
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for the next day‚ but she did not say what the purpose was. Usa suspected that Elizabeth was intending to tender her resignation. Usa’s problem was not new‚ or unique to Norsk Petroleum. In the previous five years‚ the major oil companies such as Amoco‚ Bp‚ Exxon and Shell had accelerated their oil exploration and extraction operations. With the expansion of exploration and extraction in Iraq‚ following the US and British military intervention‚ many small independent gas and oil companies had also
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as the Black-Scholes Model for Real Options. Questions to be addressed in the study are: 1. Evaluate Amoco’s and Apache’s corporate objectives and strategies. Is it reasonable to expect that the MW properties are more valuable to Apache than to Amoco? What sources of value most plausibly account for the difference between buyer and seller? 2. Structure and execute a DCF valuation of all the MW reserves. How much are the reserves worth? Is your estimate more likely to be biased high or low? What
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MW Petroleum Corporation Situation Overview: Amoco Corporation conducted an extensive review of its cost structure and profitability‚ leading to major restructurings to better focus on its core businesses. The result of this was a divestment of the middle section of its assets along the marginal curve. Thus‚ creating MW Petroleum Corporation – a new‚ free-standing exploration and production oil and gas company. MW was offered to a number of targeted international petroleum concerns‚ but the most
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Project finance Aditya Agarwal Sandeep Kaul Fuqua School of Business Contents The MM Proposition What is a Project? What is Project Finance? Project Structure Financing choices Real World Cases Project Finance: Valuation Issues The MM Proposition The MM Proposition “The Capital Structure is irrelevant as long as the firm’s investment decisions are taken as given” Then why do corporations: Set up independent companies to undertake mega projects and
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