and cost effective way of delivering HR services and can be a tool in HR transformation. Do you agree? Yes I agree. To justify my response I will begin by defining and describing HR transformation What is HR transformation? HR Transformation focused on making HR operations more efficient and effective through process standardisation and technology. The next generation of HR Transformation is more tightly linked to corporate strategy and to creating business value through HR services that address
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The decision whether to close the Lima‚ OH plant has not been easy to make. There have been many arguments as to why and why not the plant should remain open or be closed. As the VP of Finance for BP‚ I have kept an open mind and looked at the advantages and disadvantages of closing the plant. I will now discuss some of these arguments in the following paragraphs. The first argument as to why the plant should remain open is the 30% increase in productivity. Lima‚ Ohio has a population of 48‚000
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British Petroleum (BP) case study British Petroleum (BP) is a global oil and chemical company with global headquarter in London and United States operation in Houston‚ Texas. BP owns numerous oil fields‚ refineries and chemical manufacturing plants worldwide. It is the largest company in the United Kingdom while BP America in U. S. is the largest BP division. BP operations as of 2013 were spread in over 80 countries around the world. The brands controlled by the multinational include BP‚ Castrol‚ ARCO
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How would you identify and characterize the roles of incentives‚ training‚ and education in promoting innovation in your organization? With the current state of the economy many organizations are searching to recruit potential employees that are able to bring to the business creativity and innovations to their table. Many organizations are looking into graduates who have been educated with more recent information on how to a business strive and what resources can be used to make it happen. Other
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Market structure : there are a number of different buyers and sellers in the marketplace. This means that we have competition in the market‚ which allows price to change in response to changes in supply and demand. Furthermore‚ for almost every product there are substitutes‚ so if one product becomes too expensive‚ a buyer can choose a cheaper substitute instead. In a market with many buyers and sellers‚ both the consumer and the supplier have equal ability to influence price. In some industries
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the movement of trade‚ capital‚ technology‚ and people”. And undoubtedly the disaster has affected the relationships between countries and affected the world economies‚ be it the relationship with the board of directors of BP and the US government or the change in value of BP PLC on the stock exchange. ²As a result of the oil spill the Obama administration imposed a six month moratorium on new deep water drilling operations which ended on the 12th of October. For twenty years previous to the oil
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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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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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Mental Model Mindset Vanessa Harris OI/361 January 29‚ 2015 Dr. Bradford James Mental Model Mindset AAA Transportation has for many years been known for carrying the best wholesale produce in Waukegan‚ Wisconsin. Our company has decided to add nonperishable items our delivery of wholesale products. This is addition to our services. The delivery service will expand from within the small city through the entire state. The idea if adding nonperishable items would benefit our company by giving the customer
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Excerpted from Rush Limbaugh’s The Way Things Ought to Be‚ in “The Environmental Mindset” Limbaugh describes to his audience the so called “radical environmental movement” that was occurring when he wrote his book. He gives an explanation of his view on the environmental movement’s goals and followers. While looking at Limbaugh’s excerpt‚ he judges the entire movement based upon only a portion of the followers. Every claim he makes describing the followers for instance‚ “Most of the people running
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