III. Discuss and evaluate the leadership of change: a.) When it comes to BP and the changes that were made in the post-crisis era since the oil spill it is very important to reference their history of safety violations. The oil spill of project Deepwater Horizon was one largest examples of their previous lack of care and respect to safety and the earth. Previous to the spill they have been in trouble with the authorities for illegal dumping of waste products in northern Alaska as well as being
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Terms of reference 2. Procedure 3. British Petroleum 3.1. British Petroleum (BP) 3.2. Background 4. British petroleum SWOT analysis 4.1. What is SWOT analysis? 4.2. Strengths 4.3. Weaknesses 4.4. Opportunities 4.5. Threats 5. BP Porter’s Five Forces Analysis 5.1. What is Porter’s Five Forces Analysis? 5.2. Threat of New Entrants 5.3. Buyer Bargaining Power 5.4. Supplier Bargaining Power 5.5. Threat of
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Background Information on 1920’s and 1930’s America 1. What was the Great War‚ how did it begin‚ and how long did it last? Which countries were involved? World War I‚ also known as the Great War‚ was fought between 1914 and 1918‚ and it set the stage for politics‚ culture‚ and economics in the twentieth century. Serbia and other Balkan states gained their independence in 1878 after nearly five hundred years of Ottoman rule. Nations from both alliances wanted to increase their influence over the
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gain popularity in the nineties mostly hailed from California (Green Day‚ the Offspring‚ etc.). Punk vanguards from the seventies hailed from the East Coast and from Great Britain (the Ramones‚ the Clash‚ etc.). The Sex Pistols’ "Liar" and Blink182’s "What’s My Age Again?" demonstrates how conditions — social‚ political‚ and physical — are reflected in the nature of the music produced by these punk bands. The Sex Pistols emerged in the late seventies as one of the first politically charged punk
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ANNUAL REPORT: BRITISH PETROLEUM (BP) RELEVANT ACCOUNTING RATIOS * LIQUIDITY * EFFICIENCY * PROFITABILITY HORIZONTAL TECHNIQUE - (It provides one with a way to compare your numbers from one period to the next‚ using financial statements from at least two distinct periods.) LIQUIDITY RATIOS * Current Ratios: (Difference between current assets and current liabilities) * Acid – Test Ratios: (Current asset less inventories to current liabilities) CURRENT RATIO Current Ratio
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behavior‚ some of which were already known. The list also includes instances where standard well-control protocols were not followed” (Kreitner & Kinicki‚ 2013‚ p. 362). In this week’s chapter case study‚ the Deepwater Horizon Disaster was due to the BP and Transocean using the non-rational model of decision making. More specifically‚ these companies unconsciously used Simon’s Normative Model as it relates to bounded rationality which are constraints that restrict rational decision making (Kreitner
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Gibb’s and Kolb’s Reflective model In this report I am going to evaluate the difference between Gibbs (1988) and Kolb (1984)‚ drawing primarily on Gibbs’s reflective model. The Kolb cycle 1984 was published before Gibbs 1988‚ David A. Kolb published his conception after an experimental test on a book “Experience as the Source of learning and development” while Gibbs published his theory by developing on the existing Kolb cycle (ehow[07/10/2014]). Kolb’s theory is based on 4 cycles. It starts
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Using a format similar to the spreadsheets in this chapter‚ develop a spreadsheet that summarizes this project’s cash flow‚ assuming a four-year useful life after the project is developed. Compute the present value of the cash flows‚ using an interest rate of 9%. What is the NPV for this project? What is the ROI for this project? What is the break-even point? Should this project be accepted by the approval committee? SOLUTION As the numbers indicate‚ this would not be an economically feasible project
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why did BP get involved in so much questionable conduct? I think that their main problem when starting the business was money‚ money‚ and money. I’m sure that all they really cared about was making a lot of money; by having “money on the brain” they probably didn’t care about everything else. When they started having problems‚ like the explosion that killed 15 people‚ they didn’t realize that ignoring the little things that caused these problems was going to cost them big time. If BP just took
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In the 1600s‚ when America was a mysterious land inhabited by even more mysterious people‚ a handful of brave souls ventured to this strange new world. These brave souls were known as the Puritans. This special group of people sought refuge in America to practice their religion freely‚ without the ‘corruption of the church’ back in their homeland. Puritans believed that the law‚ economy and social lives of the people should be completely controlled by their one God. These Puritans had a strong developmental
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