About BP BP at a glance - BP at a glance BP is one of the world’s leading international oil and gas companies. We provide customers with fuel for transportation‚ energy for heat and light‚ lubricants to keep engines moving‚ and the petrochemicals products used to make everyday items as diverse as paints‚ clothes and packaging Key facts Countries of operation a Around 80 Number of employees 83‚900 Economic value generated by BPb $403.3 billion Replacement cost profitc
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During the Deepwater Horizon Disaster‚ “there was a list of 20 anomalies which includes several irregularities in the well’s 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
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Strategic Corporate Social Responsibilities and Law Contents BP Company Info 3 Deepwater Horizon Oil Spill Event 4 Summary of the Deepwater Horizon Event 5 Stock price before and after Deepwater Horizon 7 Impact on Stakeholders 8 BP’s Oil Spills and Corporate Social Responsibility 9 Inadequate disclosure on the oil spill event 11 Recommendations for BP to get reputation back 13 Conclusion 14 BP Company Info BP is a global oil and gas company headquartered in London‚ United
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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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space of constant and continuous negotiation and contestation‚ one that tells a specific story when referred to a developing country such as India. It’s a constantly changing place to tread into as it lures one into territories of mystical past struggles; a labyrinth of environmentalism and stories of economic expansion which carry its effects into the present environmental crisis. It’s a choreography of unrestrained motives‚ one that is laden with power and interests‚ is disputed yet unpredictable;
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Chris Intro to Business 9/22/10 BP and Ethics This case is about the safety problems faced by BP‚ the third-largest oil and gas producer in the world. On March 23‚ 2005‚ an explosion at BP’s Texas City refinery resulted in one of the most serious workplace accidents in the US. An investigation by The US Chemical Safety and Hazard Investigation Board (CSB) uncovered many safety lapses at the Texas City refinery. BP was accused of endangering its workers by compromising on process safety due
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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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BP Crises Law/531 October 1‚ 2012 The Deepwater Horizon disaster attributed to BP‚ a multinational oil and gas company‚ occurred in 2010 dumping massive amounts of oil in the waters on the gulf coast. The BP is headquartered in London with operations in 80 countries with the largest being in the United States. Team B participated in a simulation that presented a similar scenario as the oil spill mentioned. The company in the
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implemenTing a susTainabiliTy policy sponsored by written by good practice guide no.8 retail price £10 The Good Practice Guide to... ‘ The Good Practice Guide to Implementing a Sustainability Policy British Institute of Facilities Management Number One Building The Causeway Bishop’s Stortford Hertfordshire CM23 2ER Tel: 0845 0581356 Email: psc@bifm.org.uk Web: www.bifm.org.uk Publications sub-committee Chair: Dr Bob Anderson BIFM(Qual) Members: Stephen Bennett‚ Richard Byatt‚ Graham
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In “In Case of Emergency: What Not to Do”‚ Peter S. Goodman discusses major flaws of crisis management‚ utilizing the BP oil spill and Toyota’s acceleration malfunctions as examples. Both BP and Toyota suffered a loss in credibility in the eyes of the American public. While this was largely due to the poor manner in which they handled a global crisis‚ the emergence of specific cultural narratives contributed enormously. In America‚ a corporation can be regarded as credible if it is honest‚ trustworthy
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