Page 35 TNK-BP: TREAD WITH CAUTION Christopher T. Bluhm‚ Saint Mary’s College of California Mary Vradelis‚ Saint Mary’s College of California Catherine Li‚ Saint Mary’s College of California Brett Threlkeld‚ Saint Mary’s College of California J. Tomas Gomez-Arias‚ Saint Mary’s College of California CASE DESCRIPTION The primary subject matter of this case concerns the management of international joint ventures. Secondary issues examined include: business in Russia; government’s intervention in
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Introduction: BP has been operating in Russia since the early 1990s. In 1997‚ it purchased a 10 per cent stake in Sidanco‚ the Russia’s 4th largest oil company. The stake was subsequently increased to 25 per cent plus one share in 2002. In 2003‚ BP merged its interests in Russia with those of TNK to create TNK-BP‚ a hugely successful joint venture employing around 50‚000 people and operating in nearly all of Russia’s major hydrocarbon regions. Since its formation‚ TNK-BP went on to become Russia’s
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A corporate crisis can happen at any point in time‚ however‚ not all crisis can be preventable as was the well-known Tylenol brand. In September 1982 a household brand consumers trust‚ Johnson & Johnson’s Tylenol capsules captured the attention of the American public as the product was tampered and laced with poisoning. These kinds of crises undoubtedly show the importance of organizations having a crisis communication team in place to handle the barrage of media‚ and to communicate with all stakeholders
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Science notes Question: What happened in the 5 mass extinctions and how did the extinctions happen? Ordovician-Silurian mass extinction Third largest mass extinction Most life was in the sea 86% of sea life went extinct Trilobites died Brachiopods died Graptolites died An ice age was blamed for this mass extinction They think climate change was the cause for this Fall in sea level Messed up the chemistry of the oceans 443 Mya End of Ordovician period Start of Silurian period Late Devonian mass
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An interstate bridge in the California desert collapsed recently as heavy rains scoured away the land the depleted bridge was anchored to.The bridge for years has been a major throughway between the cities of Los Angeles and Phoenix as many cars use the bridge to get to there destination.Which caused the collapse was ‚water hurrying through an ordinarily dry desert chasm disintegrating the area around the bridge‚ bringing about one side of the eastward interstate to fall and causing the closure
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the Deep Horizon blowout Background: The Deepwater Horizon oil spill or the BP oil spill refers to the oil spill in the Gulf of Mexico which flowed for three months in 2010. The spill was a result of the explosion of Deepwater Horizon‚ which drilled on the BP-operated Macondo Prospect. The explosion killed 11 men working on the platform and injured 17 others (Summarized from Wikipedia article on: “Deepwater Horizon oil spill” http://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill ) In
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In England‚ William D’Arcy was close to despair. He had gambled his considerable fortune on oil‚ and now he was on the edge of losing it all .It seemed that the geologists and experts who had wagged their heads encouragingly at him since 1901 had all been wrong about the oil beneath the sands of Persia. Having never set foot in Persia himself‚ Mr. D’Arcy didn’t even have adventure travel stories to show for his investment. What he had was letters and telegrams from his explorer‚ urging patience
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are: BP‚ Aral‚ ARCO‚ Castrol‚ AMPM‚ and Wild Bean Café brand‚ different brands but they provide energy. (BP‚ 2012) Sustaining their employees‚ providing opportunities like being an expatriate‚ and following BP’s strategy are some ways they maintain global staffing. Primarily‚ BP approach to sustaining employees is “found in the principles‚ promoting‚ treating employees fairly‚ and providing open feedback‚ ensuring compliance with laws‚ regulations and our code of conduct.” (BP‚ 2012) BP goal
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will look at British Petroleum‚ BP‚ one of the largest oil companies in the world. Following the Gulf Oil Spill does BP have sustainability in this market? This paper will examine the early history of the company. It will look at the competitive advantages of the organization by looking at its SWOT analysis. The company’s market strategy will be examined including its growing interest into alternative fuels. Its internal structure will be compared to the persona that BP is trying to convey that they
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1. In a defined-contribution (DC) pension plan‚ the employee or employer‚ or both‚ make regular contributions to the plan. In the US‚ employees typically set aside a predetermined percentage of their earnings which is deposited to the plan and the employer will match that contribution. Ultimately‚ the amount of money available to the individual upon retirement is determined by the performance of their investments. Each employee retains the option to choose how to diversify their investments‚ while
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