disasters in Alaska and Texas. Specifically‚ BP ’s defensive approach towards stakeholder management led to lavish compensation for upper level management while creating hazardous working conditions for employees and a burden on all of society in the form of rising oil prices and environmental damage. Background British Petroleum was founded in 1908 and since then has rapidly grown to become the eighth largest company in the world . However‚ as of late‚ BP has come under fire for several high profile
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wanted Cap to work all night long. But Arthur refused as he had a baby. Cap and his wife started coming office with their baby Ben. This incident make Arthur furious but he didn’t discuss it with them instead he complained to other employees. The crisis occurred when cap and his wife return from a vacation. Arthur asked them into his office and told them that he would like to discontinue the relationship. Cap left the office in silence and collected his belonging. Cap still bitter‚ says ‚ “The business
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Hilton‚ James. Lost Horizon. New York: William Morrow and Company‚1939. I read Lost Horizon for my book report. The main characters in this story are Conway‚ Mallinson‚ Barnard‚ and Miss Brinklow. Conway was a man of thirty-seven years old who didn’t have a wife or any other family. Mallinson was a young man of about twenty or so who was not married yet either. Barnard was a middle-aged man that was without a wife or family also. Miss Brinklow was a woman of around the age of fifty. This
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Domino’s Response Offers Lessons in Crisis Management The online hubbub and furor caused by two Domino’s employees in Conover‚ N.C.‚ last week reached stratospheric levels‚ as the use of social media has become both the source of evil and good. It started when the two employees posted YouTube videos of themselves engaging in a number of public health law violations: putting cheese in the nose‚ blowing mucous on a sandwich and putting a sponge‚ used to wash dishes‚ between the buttocks. The videos
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cooperating and negotiating with BP on the merger issue. Based on Amoco’s stand-alone valuation‚ it was reasonable to estimate $47 million enterprise value and $41.5 million equity value‚ with a walking-away exchange ratio 0.54. Then adding synergy‚ it reached an opening exchange ratio 0.72. Through further negotiation with BP‚ both parties reached a conclusion on certain level synergy distribution and agreed to close the deal at an exchange ratio of 0.65. The merger of Amoco and BP had strategic significance
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9-201-054 REV : M A Y 4‚ 2010 B ENJA M IN E ST Y M ICHA EL K A NE BP Amoco (A): Policy Statement on the Use of Project Finance As two of the largest oil and gas firms in the world‚ The British Petroleum Company p.l.c. (BP) and Amoco Corporation (Amoco) had a long history of competitive encounters. This rivalry continued into the 1990s in a variety of locations ranging from the United States to the North Sea to‚ more recently‚ the Caspian Sea—a region that had opened up to exploration by Western
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An oil spill can be defined as an accidental or deliberate dumping of oil or petroleum products into the ocean and its coastal waters‚ bays‚ and harbors‚ or onto land‚ or into rivers or lakes (Holum 1977). Between one and ten million metric tons (one metric ton is 1000 kilograms) of oil are put into the oceans every year. The oil is released‚ most often‚ in small yet consistent doses from tankers‚ industry‚ or on shore waste disposal (Boesh‚ Hersher‚ et al. 1974). Tanker spills cost the United
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laboratories to clean up accidental acid and base spills on workbenches of flooring. But because of the exothermic nature of the neutralisation process‚ we should never use strong acids or bases in cleaning up spills as excess employment of these substances‚ where itself is caustic or corrosive in damage will cause further damage and evolve noxious fumes. When there is solution or concentrated acid has been accidentally spilled on the bench or floor‚ the spill area may need to be isolated and can be neutralized
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Nguyen Tran Env 411-001 The Deep “The blue planet” was captured By a British (David Attenborough) and presented in 2001. From this document‚ David will show viewers new species that they’ve never seen before. Especially from second episode‚ David specially dived into the Deep Ocean where he called the abyss. Furthermore‚ David also shows us how these species can survive in harsh environment which he called “monster”. In every deep ocean‚ the pressure is very high about 100 times atmosphere that
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On October 16th‚ 1962‚ both the United States and the Soviet Union partook in a thirteen-day impasse concerning the construction of nuclear missile sites located in Cuba‚ merely 90 miles away from the coast of Florida‚ known as the Cuban Missile Crisis. Realizing exactly how close this installation was‚ President Kennedy and the Executive Community‚ a group of fifteen members meant to advise the president and commonly recognized as Excomm‚ convened for the next twelve days in hopes to solve the dilemma
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