BP COMMUNICATION FAILure DURING GULF OIL SPILL CRISIS An important component of crisis management is response. Response can include several actions such as communication with stakeholders‚ the public and the government. Appropriate and effective communication can minimize the distribution of incomplete and inaccurate information‚ reduce speculation and prevent or quell rumors. In fact‚ studies suggest that the message itself can affect the public’s evaluation of the company and perhaps
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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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Richard Serra Richard Serra is widely celebrated by academics and popular critics alike for rethinking the very nature of sculptural objects. Rather than functioning as sites of aesthetic interest in themselves‚ Serra’s works have served as literal indexes of his working process‚ or as quasi-architectural structures that prompt critical reflection on how we perceive space and time. These terms‚ which have been painstakingly refined in the voluminous critical texts on Serra’s work‚ can be
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BP OIL SPILL IN 2010 April 20th was a tragic day for BP and the crew of the Transocean’s Deepwater Horizon. “Floating fifty-two miles off the coast of Louisiana in 5‚000 feet of water was an oil rig drilling in the Gulf of Mexico.” (Hoffman‚ 2010) What unfolded next will go down in history as the worst accidental oil spill in the world. “The oil well a mile below the surface of the Gulf blew up from high-pressure methane gas expanding into the drill. As a result of the explosion‚ it ended
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Working Capital Growth Simulation - Sunflower Nutraceuticals Rebecca Hardy FIN/571 20 October‚ 2014 Professor Gurpreet Atwal Working Capital Growth Simulation - Sunflower Nutraceuticals Sunflower Nutraceuticals (SNC) is a privately held nutraceutical company that was founded in 2006 and is located in Miami‚ Florida. SNC started as an internet-based‚ direct to customer distributor and retailer of dietary supplements. SNC offers its customers a large selection of products from more than fifty third-party
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USING PROJECT FINANCE TO FUND INFRASTRUCTURE INVESTMENTS Throughout most of the history of the industrialized world‚ much of the funding for large-scale public works such as the building of roads and canals has come from private sources of capital. It was only toward the end of the 19th century that public financing of large “infrastructure” projects began to dominate private finance‚ and this trend continued throughout most of the 20th century. Since the early 1980s‚ however‚ private-sector
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School/Portfolio: | The Business School | Course Code/ID: | BUGEN 5930 | Course Title: | Business‚ Society and the Planet | Teaching Location: | Mt Helen | Program(s): | | Author: | Caroline Wilden | Level: | Introductory | Semester: | Semester 1‚ 2013 | Prerequisite(s): | Nil | Corequisite(s): | Nil | Exclusion(s): | Nil | Credit Points/Progress Units: | 15 | ASCED Code: | 080399 | Adopted Reference Style APA 1 COURSE ORGANISATION: 1.1 Handbook/s For
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of capital | | | 5.971% | 3. Should the firm use this WACC for all projects? Explain and provide examples as appropriate. (10 pts) Yes‚ because WACC is by companies for performance evaluation and planning purposes. If the weights were changed then the company would have to make the required changes to yield the proper calculations. (Weighted Average Cost of Capital (WACC)‚ 2013) 4. Recompute the net present value of the project based on the cost of capital you found. Do you still
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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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all of the environmental issues that we face and decide what qualifies as an environmental issue. The BP Oil Spill has been a huge environmental issue; it was the worst oil disaster in US history. The government estimated up to 2.6 million gallons per day with a total of 205.8 million got into the gulf. Louisiana‚ Mississippi‚ Alabama and Florida all had miles on miles of surface oil problems. BP put nearly 2 million gallons of chemical “dispersants” into the ocean‚ which actually make the oil more
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