Lecture topic‚ Knowing YACHT Story about Taiwan Yacht Industry & Horizon Group The history shows that the yacht sailing starts from Ming Dynasty “Zheng He’s Expedition”. The business Flow of yacht industry as below‚Boat show→Contract/Spec. Negotiation→Simple Sketch drawing→Manufacturing→Shipping/delivering→After sale service. At class‚ I was thinking the high price of buying a yacht so I raised a question “The yacht price is high‚ is the payment term important for your company? What is the payment
Premium Shipping Cargo Ship
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
Premium Petroleum Safety
Three factors that influence BP oil companies operational and contingency planning include‚ unexpected oil spills. Sometimes the company may experience unexpected oil spill that will require them to change from the original plan. The second factor is natural calamities. Sometimes they cannot control things like floods‚ which can cause oil burst and affect the flow of the plan. The third factor is Man-Made calamity. These affect the plan of the company because they need to address it immediately.
Premium Management Business continuity planning Risk management
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
Premium Petroleum Decision making Drilling rig
SEVEN DIMENSIONS OF CRISIS COMMUNICATION MANAGEMENT: A STRATEGIC ANALYSIS AND PLANNING MODEL The most challenging part of crisis communication management is reacting - with the right response - quickly. This is because behavior always precedes communication. Non-behavior or inappropriate behavior leads to spin‚ not communication. In emergencies‚ it’s the non-action and the resulting spin that cause embarrassment‚ humiliation‚ prolonged visibility‚ and unnecessary litigation. Helping management
Premium Crisis management Decision making Management
Case Summary (What’s the issue?) Horizon Foods Corporation (hereafter “Horizon”) is a still-growing‚ nationwide foods organization that is widely known for its high quality products. With $300 million sales each year‚ the firm has been relatively successful so far‚ gaining good reputation and arousing much interest of the public through its brokers and local retailers. However‚ as the company prospers and customers demand more‚ Horizon foresees a coming crisis. The distribution issue‚ which the
Premium Inventory Marketing Manufacturing
student. The issues are three fold— 1. Over Crowded classrooms. 2. Limited availability of target language speakers as most of the students cannot speak the English 3. The students of KV they come from Diverse backgrounds‚ many lacking the communication skills which hinders their performance in the second language i.e. English. OBJECTIVES-- The main objective of this experiment was to leave aside conventional approach of learning and use a new and vibrant method of teaching‚ where the students
Premium Writing Reading Classroom
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
Premium Risk Risk management
Exon Valdez oil spill disaster occurred on March 24‚ 1989. This was the most devastating human-caused disaster in the United States history until twenty-one years later when The Deepwater Horizon occurred on April 20‚ 2010. Both disasters had a deadly effect on environmental life. These two incidents linked individuals taking shortcuts and being overconfident. Catastrophes do not happen by accident; something has to trigger them. Three main reasons why the disaster at Deepwater Horizon occurred: judgmental
Premium Petroleum Oil spill Exxon Valdez oil spill
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
Premium Operating cash flow Petroleum Cash flow