Ethical Issues surrounding the BP Oil Spill By: Angela Higgins December 16‚ 2010 The BP Oil Spill which happened on April 20‚ 2010‚ was the largest offshore oil spill in U.S. history releasing approximately 185 million gallons of crude oil into the gulf. This event was the result of a wellhead on the Deepwater Horizon oil drilling platform blowing out in the Gulf of Mexico approximately 40 miles southeast offs the Louisiana coastline. Eleven men working on the oil rig platform were killed
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BP and Consolidation of the Oil Industry‚ 1998-2002 Executive Summary BP should sell its business and start a new business‚ a clean energy production‚ because it would lose profits from oil supply. Oil industry had not developed in perfect competition; oil price was easily controlled since oil industry was oligopoly‚ many consumers exist and the government protected oil industry from competition. However‚ oil industry is facing perfect competition; oligopoly formation of oil industry
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complete view of mental illnesses. Psychiatrist George Engel‚ the creator of the BPS model‚ writes that the medical field is neglecting the effects that psychological and social factors have on the health of patients and that the field of psychology is lacking proven strategies for improving their patients’ well-being (1977‚ p. 377-378). Engel recommends that doctors and mental health practitioners integrate the BPS model to ground the mental health field in science-based approaches as well as encourage
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Tutorial 4 Bullet Point Summary Question 1-Income Derived from a Business Is the $10 000 cash rebate income under CB1 of the ITA 2007? CB1: * Income of a business is taxable unless it is of capital in nature * Capital Revenue Distinction Relevant Cases: * Wattie v CIR * Birkdale Service Station Ltd v CIR Facts to Consider: * No obligation to spend the rebate on anything in particular * Gas n Go already bound to an exclusive agreement with Caltex * Used to repaint
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GLOBALISATION AND INDIA-CHINA RELATIONS There is a shift in the nature of the relations between India and China from a purely territotial perspective in the post-independence period to the economic perspective in the post globalization and liberalization period .This has resulted in both positive and negative ramifications because of both state and non-state factors. POSITIVE IMPACTS: TRADE: The trade between the two countries has been increasing since the 1990s and has reached $67 billion
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The effects of Globalisation on Education Globalisation is a new concept that was developed in the 1980’s and is now a familiar term worldwide. A reason for this popularity could be due to the fast development of communication technologies‚ which have made impressive progress from the 1980s to the present day. Communication has developed from archaic hand written information to instant messaging i.e. Twitter‚ Facebook and BBMs. Through these mediums people from across the globe are able to communicate
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The Positive And Negative Effects Of Globalisation On Dubai Alexander Cochrane Charles Pillsbury Allen High School The earliest recorded mention of Dubai is in 1095‚ in the Book of Geography by the Spanish-Arab geographer Abu Abdullah al-Bakri (Dubai-Architecture‚ N.D.). In 1966 the discovery of oil greatly changed Dubai’s fortunes (Suddath‚ 2009) and was a turning point for the future. However‚ compared with its neighbours‚ Dubai had limited oil reserves‚ prompting its rulers to turn to other
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Globalisation: the shrinking world by Phillip Ho Globalisation was a word lacked from most vocabulary until 1980s when the global culture started to form. Technology advanced and the world transformed‚ from stretches of lands separated by water to the global community. Passer-byers on a street in a major city may see globalisation everyday‚ anything from billboards advertising coca-cola to an import car‚ has “Globalisation!” written all over it. Globalisation can help us explain how the world is
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Deepwater Horizon Assignment On April 20th 2010 a BP licenses oil rig 50 miles off the coast of Louisiana exploded‚ killing 11 people. For three months millions of barrels of oil poured into the Gulf of Mexico killing sea life‚ altering the eco-system and affecting towns situated around the Gulf’s livelihood and quality of life. The Deepwater Horizon rig is responsible for the worst offshore oil spill in history. The corporation lost billions of dollars due to the disaster stemming for systematic
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Globalisation is a positive force in the world. Discuss. In recent years‚ amongst all the claims and counterclaims‚ the argument over whether globalisation is a positive force or not has become rather controversial. Advocates claim globalisation facilitates economic growth‚ international financial integration‚ and cooperation between nations while critics vigorously argue that globalisation leads to a fierce exploitation of the labour class‚ a disparity between rich and poor‚ and a concentration
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