Ethics in the Workplace Case Study: BP Oil Spill On April 20‚ 2010 off the Gulf of Mexico‚ there was a blowout of the Macondo well which is owned by British Petroleum also known as BP. When the blowout took place it got immediate media attention because aspects of the event were known over the world. Within events transpiring it was discovered how limited the resources and reaction to the disaster was going to be. This paper will detail aspects of the event from symptoms of the problem‚ the root
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INTRODUCTION BP originated from a British petroleum company founded in 1909. After experiencing crises during the 1980s-1990s‚ the company started to have a cost cutting culture. During mid-1990s‚ with an aggressive growth strategy‚ BP started to grow and reposition. After BP merged with Amoco in 1998‚ John Browne started to serve as chief executive until May 2007. Browne repositioned BP as a “green” oil company after he took over and practiced the model of organizational decision-making strategy
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The Economic Impact of the BP Oil Spill In April of 2010‚ a British Petroleum operated oil drilling rig off the Gulf of Mexico‚ the Deepwater Horizon‚ exploded suddenly after high pressure methane gas from the oil well rose to the drilling rig‚ causing it to ignite and then sink to the bottom of the ocean floor. The explosion caused a sea-floor level oil blowout‚ and crude oil was leaked into the surrounding water for three months before a solution was found. After eighty-seven long days‚ the wellhead
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formally established. All shareholders and members of the company may not have thought of that just used two years‚ Yum! Bands operation achieved a great success in market especially in Chinese market. Today‚ Yum! has more than 30‚000 chain stores worldwide and 500‚000 employees‚ a turnover of $ 20 billion‚ ranks among the world’s top 500 listed companies. Since separating from PesiCo‚ Yum! had to compensate for the loss caused by the past‚ while also facing a serious challenge: how to create corporate
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Course Syllabus BPS 6310.0W1 The University of Texas at Dallas Course Info | Tech Requirements | Access & Navigation | Communications | Resources Assessments | Academic Calendar | Scholastic Honesty | Course Evaluation | UTD Policies Course Information Course Course Number Section BPS 6310.0W1 Course Title Strategic Management Term and Dates Spring 2015‚ 1/12/15‐4/27/15 Professor Contact Information Professor Marilyn Kaplan‚ PhD Office Phone 972‐883‐2742 Email Address mkaplan@utdallas
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Deep Horizon oil rig occurred in the Gulf of Mexico Near Louisiana. Fifteen out the of one hundred fifty men who were on board were injured. Approximately two days later‚ the rig sang and oil began spewing. The oil leaked for over one hundred days. The BP oil disaster in the gulf has posed a threat on the people and the environment that surround the oil spill. The effects of offshore drilling can be catastrophic‚ especially after seeing what has happened in the Gulf. There are many concerns that come
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International Marketing Mangement Case Study: Cereal Partners Worldwide(CPW) Outline Executive summary SWOT analysis CPW competitiveness CPW blue ocean strategy CPW strategy for international sales growth Executive summary CPW‚ a breakfast cereal producer formed in 1990 after a 50-50 joint venture between Nestlé and General Mills. CPW is presently facing a big challenge: how to increase market shares in a saturated market characterized by a fierce competition. CEO’s suggestion: Move from
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TNK-BP is a joint venture company owned by British Petroleum‚ more commonly known as BP‚ and the Alfa‚ Access/Renova group‚ more commonly known as AAR. Both BP and AAR each own 50% of TNK-BP. TNK-BP was created in 2003 after a merger between BP and TNK that settled the dispute between the two companies over Sidanco and its subsidiary Chernogorneft’s ownership that had been on- going for years. The partnership combined BP’s knowledge‚ equipment‚ and experience; and Russia’s new supply
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witch hunting but instead human and societal flaws of the villagers through Reverend Parris and his concern about his reputation‚ Abigail and the lies she spreads‚ and Danforth for his unwillingness to change the hanging charges. Reverend Parris illustrates that the play isn’t about witch hunting but rather human and societal flaws because his is more concerned about his reputation in town compared to the welfare of the girls. At the beginning of the play when Parris is praying for his daughter to
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The Harmonized Savings Plan at BP Amoco Brief description of case background On August 11‚ 1998‚ United States Amoco Corporation (Amoco) and The British Petroleum Company p.l.c. (BPC) announced the BPC merger with Amoco. With a combined number of participants of 40‚000 and $7 billion investment assets under management‚ the merged pension and savings plan of the new company is viewed by both management and employees as a bellwether of the success of the merger. Therefore‚ the new investment team
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