External Environment (Macro environment) Analysis: With respect to the specific organization (in this case‚ BP); things are changing at a rapid pace since the supply and demand of oil is becoming highly dependent upon socio political condition of different parts of the world‚ where its business is operating.For the external business environment analysis of global oil industry (with respect to BP) the selected analysis tool is PESTEL. This model presents a strategy framework built over variables like
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Maria Benackova (000611942) | Corporate Social Responsibility | Ulke Veersma Coursework Header Sheet 198085-‐-‐-‐14 Course Coursework Tutor BUSI0011: Dissertation -‐-‐-‐
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(I) Reguladores (I) R l d Organizadores (O) Propósito P ó it (Z) Insumos Transformación (Y) Bienes / Servicios (X) Suministradores (S) Actores (A) Clientes (C) Declaración de Identidad STAKEHOLDERS + INTERVINIENTES = PARTICIPANTES Stakeholder Toda aquella persona‚ grupos de personas‚ organizaciones o instituciones que son relevantes para la transformación que lleva a cabo la organización T-ASCO-I Cadena de Valor de Porter (CVP)/Modelo Delta (Efectividad Operacional
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impact on the company.( Oxford University Press‚ 2007) Porter’s Five Forces: will determine the competitive intensity and therefore attractiveness of a market. (Porter‚ 2008). Finally it will be discussed the company’s ability to interact with its stakeholders. Background and company’s mission statement Jet2.com Limited is a British low-cost airline founded in 2002 based at Leeds Bradford Airport‚ England. It operates services from eight UK bases to 54 destinations. “Our aim is to be the safest
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In the wake of the disaster in the gulf American citizens have a plethora of questions. Why would BP engage in risky practices that could endanger the area where the company makes its profit? Who is responsible for ensuring that the citizens of the Gulf Coast region are protected when companies like BP place profit above people? As this drama plays out on American television screens one must realize that the only check to the power of private companies is the American government which is charged
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Stakeholder Relationships Brief To produce a set of recommendations in a written document about how McDonalds PLC‚ can reduce its carbon footprint through the management of key stakeholder relationships. Introduction McDonald’s PLC‚ is one of the largest fast food chains in the world‚ with 32‚000 outlets in 117 countries. In the UK the first restaurant opened in 1974 and now in the UK stores alone‚ the chain serves 2.5 million customers daily. In the early 2000’s McDonalds saw for the first
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Stakeholders vs. Shareholders The definition of business strategy is a long term plan of action designed to achieve a particular goal or set of goals or objectives. Stakeholder is a person‚ group‚ or organization that has direct or indirect stake in an organization because it can affect or be affected by the organization’s actions‚ objectives‚ and policies. Shareholder is someone who owns shares of stock in a corporation or mutual fund. For corporations‚ along with the ownership comes a right
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BP Gulf Coast Disaster and Recovery INTRODUCTION BP‚ formerly British Petroleum and the Anglo-Persian Oil Company‚ has experienced a lot of ups and downs over its hundred-year history—from nearly bankrupting its founder William D’Arcy to becoming one of the world’s largest energy companies. BP has also experienced its fair share of controversies regarding business practices‚ environmental damage‚ and hazards to workers. It and all other large energy companies have come under fire for releasing huge
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organizations like Royal Dutch Shell and BP will employ intermediaries for more than just legal or financial necessities. On this large business scale‚ intermediaries are drawn upon for many forms of negotiation. For example‚ Royal Dutch Shell intermediaries have been involved with settling the Sakhalin II project for the past four years. The Sakhalin II project is made up of four oil companies‚ Shell being one of the four‚ who are locating and producing oil and gas on the Sakhalin Island in Russia
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Shareholder and Stakeholder Over the last decade‚ with the rapid development of business management‚ the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders
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