Sustainability When the industrial revolution first came‚ people did not pay much attention to its effects on the environment‚ for in the early stages‚ the damages were not apparent. The fact that industrial activity immensely benefited people resulted in worldwide rapid growth of industries. However‚ the more the industries spread‚ the more nature suffered. People eventually became aware that not only did manufacturing factories cause air‚ water‚ and land pollution‚ but they also destroyed natural
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strategy Oil companies were the worst performing brands in the world market. There was no brand in the oil industry that had created positive perception in the public. During the late 1990’s BP has decided to change this perception for their brand. The main idea was to create a symbolic capital for BP. The definition of symbolic capital is given by (Bourdieu‚ 1974/1977 sited in Holt & McNulty‚2008‚p.76) as “ the resources by which authority and credibility are established amongst employees‚ peers
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Ethical Problems in Bp 1. Introduction The company‚ BP is the third-largest energy company where produces approximately 3.8 million barrels of oil and gas per day and possesses 22‚400 service stations over the world. However‚ the oil disaster called as BP oil spill or the deep water horizon oil spill was occurred on April 20th‚ 2010 in the Gulf of Mexico recording the greatest oil spill compared to other oil spill accidents in our history. The Deepwater Horizon oil rig explosion caused deaths
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Dear Adri The fact you cant make the effort and sacrifice one night out with your friends to be with your boyfriend‚ who uve had one conversation with in one week makes me disappointed. 3 nights ago‚ You decided to spend the time with Marco and Lori after work at the black and white and told me you were coming home. Insted you went out to Catania and after i waited 3 hours you came home drunk and stoned and said u were going to bed. I said i was i waited all night to talk to u. You agreed to
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cooperating and negotiating with BP on the merger issue. Based on Amoco’s stand-alone valuation‚ it was reasonable to estimate $47 million enterprise value and $41.5 million equity value‚ with a walking-away exchange ratio 0.54. Then adding synergy‚ it reached an opening exchange ratio 0.72. Through further negotiation with BP‚ both parties reached a conclusion on certain level synergy distribution and agreed to close the deal at an exchange ratio of 0.65. The merger of Amoco and BP had strategic significance
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credit with the drawee bank. The gravamen of this special penal law is the issuance of check‚ not the non-payment of the obligation. (Lozano vs. Martinez‚ 146 SCRA 323). Checks form part of the banking system for being substitutes for money. Hence‚ BP Blg. 22 is neither violative of the constitutional provision against imprisonment of non-payment of debt nor the non-impairment clause. In the case of Que vs. People‚ the Supreme Court settled that B.P.22 applies even in cases where the
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BP was the ªrst of these companies to change from a reactive to a proactive climate strategy formulation. In 1996‚ it withdrew from the oppositional Global Climate Coalition (GCC)‚ which was characterized as the most powerful lobby organization in climate policy.28 BP then accepted the climate change problem as diagnosed by the Intergovernmental Panel on Climate Change (IPCC) and gave its support to the Kyoto Protocol. In 1998 BP’s strategy formu- lation developed further in a proactive direction
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In Misdirected Effort‚ Veblen discusses the difference in work power relations within consumer behavior and advertising. He uses the example of high fashion sneakers and discusses how the high price and exclusivity of the product enforces a social hierarchy. Veblen States “symbols that glorify separation of nobility‚ power and rank from industry and from those who work. Honor requires immunity from activity and people whose daily life reeks with economic need and compulsion” (507). Veblen critiques
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Petroleum (BP) has won acclaims and awards for CSR. But Swaminathan S Anklesaria Aiyar (Times of India‚ Bangalore edition 2010) argued in his article that BP has created the greatest environmental disaster in history which includes its out-of-control Macondo deep-sea well. Gulf of Mexico oil leak is another big historical issue. BP has created a huge image building campaign of ‘beyond petroleum’ critics say that BP has now spindling with ‘beyond problems’ (NJ Watson‚ Petroleum Economist‚ 2009). BP states
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ver BAT Social Report www.bat.com 4/7/02 2:13 pm Page 2 BRITISH AMERICAN TOBACCO SOCIAL REPORT 2001/2002 01 BAT Social Report 4/7/02 1:51 pm Page 1 CONTENTS 1 INTRODUCTION 1.1 Foreword Martin Broughton‚ Chairman‚ British American Tobacco p.l.c. Paul Adams‚ Managing Director‚ British American Tobacco p.l.c. British American Tobacco at a glance Our approach to social reporting Stakeholder dialogue Seeking best practice: independent standards‚ verification
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