meet short-term debt requirements‚ BP was more able to meet their short term debt obligations in 2005 than 2004. From 2001 to 2003 the current ratios were 1.0767‚ 0.9733‚ and 0.9600 respectively. In 2001‚ 2002‚ and 2004‚ BP?s current liabilities were greater than current assets‚ indicating that BP may have faced some difficulty in meeting short-term debt obligations during these years. In 2003 and 2005 the current ratios were greater than 1‚ representing that BP?s current assets were greater then
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too intricate for any one theory to dominate the field. The values used to formulate a system of just law are often times based upon personal preference‚ unseen biases‚ or self-motivation. Law is such an intrinsic facet to so many different aspects of life that finding a theory of justice capable of covering the entirety of law is impossible. The fact is that‚ man has neither the impartialness nor the capability of creating such a complete theory. Without a complete theory for application we are forced
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decided what to do based on his intuition for this moment. At the same time‚ since they downplay the consequences‚ and utilitarian’s usually say that what is moral in any given situation is to maximize the good effects…so if Valjean was following this theory he would have not turned himself in. Since the greater good for the community and himself would have been to not tell the truth. I think that Rule utilitarian’s would say‚
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INTRODUCTION BP originated from a British petroleum company founded in 1909. After experiencing crises during the 1980s-1990s‚ the company started to have a cost cutting culture. During mid-1990s‚ with an aggressive growth strategy‚ BP started to grow and reposition. After BP merged with Amoco in 1998‚ John Browne started to serve as chief executive until May 2007. Browne repositioned BP as a “green” oil company after he took over and practiced the model of organizational decision-making strategy
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of the MAOA gene are much more prevalent in populations with a history of warfare. These individuals are also more likely to join gangs and to use weapons in committing crimes than other persons” (Hickey 48). Beaver and Schwartz believe that the theories proposed over the past half-century have focused entirely on environmental explanations of criminal and antisocial behavior. The explanation of criminal and antisocial behavior is their biggest concern of all the literature available. According to
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The decision making biases greatly impacted the decisions made by those involved in the oil spill. Between both organizations‚ BP and Transocean‚ and there inability to agree and make adjustments caused BP to be publicly criticized. The cognitive bias‚ overconfidence‚ is explained by the Business Insider as being “too confident” about one’s abilities. (Lee & Leibowitz‚ 2015). The worker’s on the rig presented this specific bias when making decisions. When the data examined revealed warning signs
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How BP failed at crisis communication British Petroleum (BP) suffered a large-scale public relations and crisis communication disaster‚ when an oil-drilling rig accident on 20th April 2010 incurred a spillage of several million gallons of crude oil into the Gulf of Mexico. This catastrophic spill has been regarded as one of the most severe environmental damages recorded in the U.S. history‚ causing public animosity and frustration‚ substantially because of inappropriate BP´s crisis communication
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1 In the 1980s‚ Brunei Darussalam were warned that oil will run out in about 20 years’ time which should be around now (2011). Fortunately‚ with the help of technology and blessings‚ Brunei has been able to survive. But there will be a point in time when no matter how much technology we use the oil will finish. (Bruneiresources‚ 2006) When interviewing with my uncle after explaining the introduced concept. He told me that he agrees with my theory of getting ready / preparation for the nightmare to
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| | BP p.l.c. (BP) is one of the largest vertically integrated oil and gas companies in the world. Its operations include the exploration and production of natural gas and crude oil; refining of crude oil; manufacturing of petroleum products; marketing of refined products; construction and mining; and transportation of crude oil. It is also involved in the marketing and trading of gas and power‚ marketing of liquefied natural gas (LNG)‚ natural gas liquids (NGLs) and low-carbon power generation
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BP Challenges of Globalization John Manzoni‚ Chief Executive‚ Refining and Marketing for BP‚ gave a speech in 2005 discussing BP’s future in globalization and the challenges that lie in an increasingly global business environment. He said that business (BP) is the heart of society and can’t ignore what is happening around it‚ and that BP exists for a purpose‚ which is to provide goods and services that people want to buy at a price they can afford to pay‚ and BP exists because of shareholders
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