Oil sands Issue briefing bp.com/sustainability Oil sands Issue briefing How we operate BP recognizes that we need to produce energy responsibly – minimizing impacts to people‚ communities and the environment. BP’s systems of governance‚ management and operation are designed to help us conduct our business while respecting safety‚ environmental‚ social and financial considerations. Across all BP international operations‚ established practices support the management of potential
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1. We recognized a pre-tax charge of $40.9 billion in 2010 and a pre-tax credit of $3.7 billion in 2011 as a result of the Incident. The total amounts that will ultimately be paid by BP in relation to all obligations relating to the Incident are subject to significant uncertainty and the ultimate exposure and cost to BP will be dependent on many factors. Furthermore‚ the amount of claims that become payable by BP‚ the amount of fines ultimately levied on BP (including any potential determination
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Declaration I certify that this assignment is all my own work and contains no Plagiarism. By submitting this assignment‚ I agree to the following terms: Any text‚ diagrams or other material copied from other sources (including‚ but not limited to‚ books‚ journals and the internet) have been clearly acknowledged and referenced as such in the text. These details are then confirmed by a fuller reference in the bibliography. I have read the sections on referencing and plagiarism in the handbook
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Billion. BP has massive influence on the global economic climate and has the operation capacity to affect stakeholders. This essay will analyse BP’S current stance using Porters five forces. It will also establish who are the most important stakeholders and suggest strategies that can be used in future. 3. Porters Five Forces This looks at he external factors that can affect which include new entrants‚ buyers‚ suppliers‚ substitutes and competition and can affect productivity of a business as
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framework in psychology‚ sociology‚ marketing and management studies. His dimensions were all constructed in such a way that they addressed basic problems that all societies have to deal with. Thus‚ these dimensions of national culture were constructed at the national level namely: PDI: Power Distance Index IDV: Individualism versus collectivism MAS: Masculinity versus Femininity UAI: Uncertainty Avoidance Index In 1991‚ a fifth dimension has been added – LTO – Long Term versus Short Term Orientation‚ which
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Hofstede Cultural Dimension imensions * Description for each of Hofstede’s Dimensions listed below Indonesia has Power Distance (PDI) as its highest ranking Hofstede Dimension at 78. The high Power Distance (PDI) is indicative of a high level of inequality of power and wealth within the society. This condition is not necessarily forced upon the population‚ but rather accepted by the society as part of their cultural heritage. The average Power Distance for the greater Asian countries is 71
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MEMORANDUM TO: Board of Directors‚ British Petroleum FROM: RE: Impact of On the Job Training DATE: February 10‚ 2013 INTRODUCTION Occupational Safety and Health is a major responsibility to all employers. It becomes more of a factor when the nature of the business involves hazardous materials and environments. In order to ensure that businesses are functioning properly and efficiently‚ it is imperative that companies are staffed with individuals who are trained properly in their occupation
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properly understood‚ can lead to ineffectiveness and misunderstandings. Using the four dimensions of a national culture established by Hofstede‚ this exploratory study examines what constitute Singapore culture and Chinese culture. Through a survey of Singaporean and Chinese respondents working in China and an analysis of Hofstede’s four dimensions of a national culture‚ the study extrapolates the cross cultural dimensions brought about by the two cultures within the context of construction projects
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Geert Hofstede was born in 1928 in the Netherlands. He had an interesting life pretty much filled with cultural shocks. Around his twentieth birthday‚ he decided to leave his native Netherlands and go to explore other places in the world. He went to do an internship as an assistant ship’s engineer in Indonesia; this was his first time out of the country and it proved to be his first cultural shock. Being immersed in a completely different culture‚ he was keen to observe and compare the cultural differences
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Hofstede Geert Hofstede’s five cultural dimensions are individualistic vs. collectivism‚ power distance‚ quality of life vs. quantity of life‚ uncertainty avoidance and time orientation. Power Distance The term of power distance in the Hofstede’s framework means measurement of power in an institution and organization being distributed where the society able to accept (Bergman et al. 2006‚ 141). Both Australia and Sweden has a low power distance in their society. Low power distance countries
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