energy for heat and light‚ lubricants to keep engines moving‚ and the petrochemicals products used to make everyday items like plastic bottles. We also invest in renewable energy sources‚ which we believe will be an increasing source of value for BP. Our activities are focused on bio fuels and wind. As a global group‚ our interests and activities are held or operated through subsidiaries‚ branches‚ joint ventures or associates established in – and subject to the laws and regulations of – many
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6.0 Conclusion 6.1 Review 6.1.1 Organizational Design Organization chart MCIS Zurich Insurance Bhd. Kulim branch is shaped departmentalization of functions. MCIS Zurich Insurance Bhd. Kulim branch headed by a General Manager‚ Mr Yap Eang Liong. He is assisted by two other managers who head the department in this organization. With this organizational chart‚ he can make it easier to distribute tasks and responsibilities to departments or employees who working under him. With this‚ the employee organization
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credit with the drawee bank. The gravamen of this special penal law is the issuance of check‚ not the non-payment of the obligation. (Lozano vs. Martinez‚ 146 SCRA 323). Checks form part of the banking system for being substitutes for money. Hence‚ BP Blg. 22 is neither violative of the constitutional provision against imprisonment of non-payment of debt nor the non-impairment clause. In the case of Que vs. People‚ the Supreme Court settled that B.P.22 applies even in cases where the
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Executive Summary On April 20th 2010 bp had a major oil spill off the Gulf of Mexico coined the “Deepwater Horizon Incident” in which eleven (11) person’s loss their lives. This incident negatively affected the company’s brand and bp brand equity plummeted by $7.4bn‚ representing a 61% fall (Brand Finance 2010). BPTT which is a subsidiary of bp Global had to treat with the negative impact of this crisis on the local market while keeping its reputation‚ bp brand and local aspiration alive and
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1. What are the main ethical issues and dilemma BP faces in this case? A project that is on a large scale faces some issues‚ including: There are concerns about the coating of the pipeline and the risks of leakages‚ in particular in Georgia‚ where oil spills might significantly impact the country’s strategic water resources in the Bojorni National Park. Concerns were also raised over the fact that the pipeline runs through earthquake zones‚ which leakages nearly inevitable or could not be avoided
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Choosing change intervention tools: Change is not primarily about riding the new waves; it certainly is about taking risks‚ Risk taking comes with being a leader but learn to lever change interventions into the border directions of the organization in order to increase the effectiveness of change. - Levels & depth of change intervention While change can be effected at various levels‚ not all type of intervention guarantee the longevity of change for the organization. However‚ its
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CORPORATE RISK MANAGEMENT REPORT Corporate and Enterprise risk at BP BP plc is one of the worlds leading oil companies on the basis of market capitalisation and proved reserves. It is a global group‚ with interests and activities which cover three main business segments of Exploration and Production‚ Refining and Marketing and Gas‚ Power and Renewables. BP has total assets of $217‚601million and total revenues of $270‚602million with the majority of their revenues ($) coming from
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BP – The $40billion Safety Culture Vacuum On March 23rd 2005 a huge explosion at BP’s Texas oil refinery killed 15 people and injured more than 180. Most were its own staff. The refinery had suffered safety problems before. The previous year two workers died when scalded by super-heated water that escaped from a high-pressure pipe. The British media focused on the effect of the 2005 blast: the price of oil rose by several $s a barrel. In Texas‚ however‚ the local media were outraged by ‘yet
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1. | A master budget is typically prepared for: A. | A period of one year. | B. | Top management only. | C. | Strategic planning purposes only. | D. | Strategic business units only. | E. | Operating activities only. | | | | 2. | A plan of dollar amounts to be spent on long-term projects is called a: A. | Cash budget. | B. | Capital budget. | C. | Rolling budget. | D. | Sales budget. | E. | Rolling financial forecast. | | | | 3. | Budgeting provides
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from around the world. The Biopsychosocial Perspective combines all three fields to be able to study how psychological‚ biological and sociological all Interact with each other. A family tree also known as a genogram was made of a family using the BPS model. The psycho‚ bio‚ and social traits of the family were outlined on a color coded key. One thing that became vivid right away was that there are several traits that the family had in common. Traits being passed in a family are known as intergenerational
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