of Petroleum Technology Boyles‚ W. & Melvin‚ M.‚ 2005. Microeconomics‚ 6th Ed. Houghton Mifflin Company. Bozon‚ I.‚ 2006. Uncertainty and Volatility in Today‟s Energy System: Stability‚ Security‚ and Sustainability through Mutual Interdependence BP Sustainability Review. 2008. Available at: http://www.bp.com/liveassets/bp_internet/globalbp/STAGING/global_assets/e_s_assets/e_s_assets_2008/downloads/bp_sustaina Browne‚ J.‚ 1997. Breaking Ranks‚ Stanford Business. http://www.gsb.stanford.edu/community/bmag/sbsm0997/feature_ranks
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worldwide market position. Against such global competitors‚ it is hard to sustain an advantage based on traditional economies of scale and scope. Consider the oil industry. The industry is dominated by a handful of global players such as Exxon Mobil‚ BP‚ Shell and ChevronTexaco. They each have global exploration‚ refining and distribution operations‚ leaving little room for any company to gain competitive advantage with economies of scale. Similarly‚ they each have brands that are more or less equally
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Slide 2.1 Chapter 2 The Multinational enterprise (MNE) Alan M Rugman and Simon Collinson‚ International Business‚ 5th Edition‚ © Pearson Education Limited 2009 Slide 2.2 The Multinational enterprise (MNE) • Objectives • The nature of multinational enterprises • Strategic management and multinational enterprises • A framework for global strategies: the FSA/CSA matrix. Alan M Rugman and Simon Collinson‚ International Business‚ 5th Edition‚ © Pearson Education Limited 2009
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Global Warming and Alternative Energy People are inflicting major damage to the Earth’s environment‚ and if we don’t do anything to stop the destruction soon‚ the results could be devastating. Most people know about global warming and think it may be a serious problem in the future. What most people don’t understand is that global warming is happening now‚ and we are already feeling some of its destructive power. Because of the dangerous effects of global warming‚ alternative energy sources need
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of Indiana (AMOCO brand). That year I witnessed the enactment of theEqual Credit Opportunity Act (implemented by Regulation B)‚ whose purpose was to promote the availability of loans to creditworthy applicants and prohibit discrimination based upon gender and marital status (subsequent amendments included other prohibited bases‚ such as race‚ color‚ national origin‚ religion‚ age‚ being a recipient of public assistance or exercising rights under the Consumer Protection Act). At AMOCO Credit‚ I had
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i i Dedication This report is dedicated to the 11 men who lost their lives on the Deepwater Horizon rig on April 20‚ 2010 and to their families‚ in hope that this report will help minimize the chance of another such disaster ever happening again. Jason Anderson Aaron Dale Burkeen Donald Clark Stephen Curtis Gordon Jones Roy Wyatt Kemp Karl Dale Kleppinger‚ Jr. Blair Manuel Dewey Revette Shane Roshto Adam Weise ii Acknowledgements We wish to acknowledge the many individuals and
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started focusing their organizational efforts and resources overseas in order to gain competitive advantage over rival firms. These firms are aptly called Multinational Corporations or MNCs. Examples of which are MNCs such as Dell Computer‚ IBM and BP Amoco PLC to name but a few (Hodgetts and Luthans‚ 2003). To illustrate the tremendous growth of MNCs‚ a recent study showed that of the 100 “largest economies” in the world‚ 53 are MNCs‚ whilst remaining 47 are nation states (Carroll‚ 2004). As
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Question 5 Describe the economic history of the crude oil refining sector in T&T from its birth to its present status. What was the impact of US tax legislation on this sector? How did the IADB loan revamp the refinery in Petrotrin in 1993? Why was the refinery in Point Fortin closed? Why does the refinery operate at suboptimal capacity? Is the Moraven agreement still active? Outline the prospects for growth in the next decade for the oil refining and gas refining subsectors of the petroleum
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Introduction "Effective business communication is the lifeblood of every organization" (Murphy et al.‚ 1997‚ p.4). It has been said that communication is the backbone of business‚ and those who possess such an ability to communicate effectively are those most likely to succeed in competitive business environments. But before this issue can be tackled‚ the term first must be defined: what exactly is communication? According to Robbins (2003)‚ communication is the process of transferring and subsequently
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The Prize: The Power Play for Oil The world has been forcibly changed by the discovery‚ invention or innovation of various things throughout history‚ as food items‚ weapons and even techniques have shaped world history. However‚ oil stands as perhaps the premier thing to ever shape history‚ as oil has remained a mainstay within the global power struggle for centuries. Daniel Yergin acknowledges the power and possibility made available by oil in his renowned book The Prize‚ where he explains
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