British Petroleum Company (BP) and Amoco Corporation are two of the largest oil and gas firms in the world. In spite of the intense rivalry between the two companies for several years‚ they decided to merge in 1990. The upstream business of BP which is exploration and manufacturing of crude oil accounted for 68% of its revenues while that for Amoco accounted for 60%. BP Amoco after the merger in 1998‚ their business involved exploration and production of crude oil. This was their upstream business
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employees of BP for different location‚ culture and language. Originally‚ this is a good way to guide the company staff to maintain company standard and reputation. But the code did not effectively address specific high-risk activities for the scope of daily operations. It was quite reasonable because at the very beginning stage of drafting the related guidelines‚ not every experience or assumed circumstancs were fully considered in the daily operations. Unfortunately‚ after the spill happened‚ several
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BP Case Study November 10‚ 2011 Professor: Steven Lee Strategic Management Mississippi College British Petroleum[pic] Executive Summary The history of BP was set in motion as the Anglo-Persian Oil Company in Persia in 1901. William Knox D’Arcy‚ an English entrepreneur hired George Reynolds‚ a geologist and explorer to dig Persia for oil. Reynolds could smell natural gas and was most certain they would hit oil. After
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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
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Project Report On “Impact of Fortune Rice Bran Oil on different stakeholders” In the partial fulfilment of Post Graduate Diploma in Management At Cargill India Pvt. Ltd. Head Office Gurgaon‚ Haryana (Apr 2013-June 2013) Submitted by Vidit Mediratta Roll No. U112119‚ PGDM 12 Under guidance of Mr Bharat Saxena Senior Brand Manager Xavier Institute of Management Bhubaneshwar Certificate This is to certify that Vidit Mediratta‚ student of PGDM 12 has successfully completed
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BP Disaster at Sea In 2010 the nation was dealt the worst oil spill in the history of the USA‚ the BP oil rig Deep water horizon in the Gulf of Mexico. This major catastrophe destroyed some people‚ millions of aquatic wildlife‚ birds and the reputation of BP all in one fatal event. What caused this mind blowing disaster to happen? We will take a look
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Every business has stakeholders involved. A stakeholder is anyone who has a claim in some way to a company’s products‚ operations‚ markets‚ industry‚ and outcomes (Ferrell‚ Fraedrich‚ Ferrell 31). Some stakeholders are more involved than others. Members that are needed for the company to maintain are referred to as primary stakeholders‚ whereas others are called secondary stakeholders. Primary stakeholders can be identified as employees‚ customers‚ investors‚ and shareholders and can also be governments
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in the information age will have a tremendous effect on businesses socially‚ economically and culturally for years to come. Just over a month ago‚ British Petroleum was enjoying the future of its oil & gas exploration. Oh‚ how things have changed‚ after oil rig explosion and now an enormous oil spill‚ who knows all the world can do now is wait. The British Petroleum Company‚ Business Culture and Global Competition The discovery of petroleum oil and its origin began in the 1900’s‚ according
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British Petroleum “BP is one of the world ’s largest energy companies‚ providing its customers with fuel for transportation‚ energy for heat and light‚ retail services and petrochemicals products for everyday items” (BP‚ 2011). The organization is the fourth largest company in the world‚ operates in over 80 countries and employees more than 80‚000 people. BP produces approximately 3.8 million barrels of oil equivalent per day with more than 18.3 billion barrels of oil equivalent in total reserves
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Steps in Identifying Stakeholders Identifying all of a firm’s stakeholders can be a daunting task. In fact‚ as we will note again shortly‚ a list of stakeholders that is too long actually may reduce the effectiveness of this important tool by overwhelming decision makers with too much information. To simplify the process‚ we suggest that you start by identifying groups that fall into one of four categories: organizational‚ capital market‚ product market‚ and social. Let’s take a closer look at
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