Ethical Issues in Management Performance evaluations are important to ensuring all employees are performing as expected‚ and if not the manager is providing proper feedback. Managers may encounter moral and ethical issues in the process of performance evaluations‚ and must do his or her best to evaluate fairly each employee. Ethically responsible management practices and social issues can be directly tied to performance evaluations‚ and managers may even come across legal issues surrounding an
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“Management Planning Presentation” MGT 230 12/05/2012 Dr. Tamara Mangum Individual Management Planning Presentation Imagine you are an executive for BP‚ and you are preparing a presentation for the board of directors about the organization’s direction. Create a 10- to 15-slide Microsoft® PowerPoint® presentation‚ with speaker notes‚ in which you address the following: Evaluate the planning function of management as it relates to the organization’s
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Chris Intro to Business 9/22/10 BP and Ethics This case is about the safety problems faced by BP‚ the third-largest oil and gas producer in the world. On March 23‚ 2005‚ an explosion at BP’s Texas City refinery resulted in one of the most serious workplace accidents in the US. An investigation by The US Chemical Safety and Hazard Investigation Board (CSB) uncovered many safety lapses at the Texas City refinery. BP was accused of endangering its workers by compromising on process safety due
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Batas Pambasa Blg. 22 punishes any person who‚ KNOWING at the time he issues a check in payment of obligation that he does not have sufficient funds or 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
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to these changes to remain competitive both locally and globally. The environment can be relatively stable or turbulent and affects many organisations. Environmental changes affecting organisations include competition‚ globalisation‚ political and legal factors‚ changes in consumer tastes‚ ecological factors and insecurity. The shipping industry has not been spared from the dynamism of the environment. Frankel (1987) notes that the shipping industry is in the midst of major structural and operational
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Performance Management Issues BUS681: Compensation and Benefits October 24‚ 2011 Abstract This research paper is based on the development and implementation of completely integrated performance management system. The organizations are enjoying many benefits by implementing the performance management system. It has helped in improving the productivity of employees in most of the organizations. It is to be understood that apart from advantages‚ the system also carries some disadvantages. It
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Risk management is the most important part of any organization to face the risks that might arise when a new project started. It should be a first concern when the decision is being made. Risk management is the practice of looking at the exposure to risk and deciding how to best handle that exposure. The idea behind risk management is to decide if the benefit outweighs the risk. This process will help you to identify risks that might normally be overlooked so when things come up‚ they do not surprise
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Talent Management and Succession Planning 2nd Edition James A. Cannon Rita McGee CHARTERED INSTITUTE OF PERSONNEL AND DEVELOPMENT A sample from Talent Management and Succession Planning 2nd Edition by James A Cannon and Rita McGee. Published by the CIPD. Copyright CIPD © 2010. All rights reserved. No part of this excerpt may be reproduced‚ stored in a retrieval system‚ or transmitted‚ in any form or by any means‚ electronic‚ mechanical‚ photocopying‚ recording‚ or otherwise
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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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Introduction BP British Petroleum is a multinational oil and gas company headquartered in London‚ United Kingdom. According to revenues in 2011‚ they are the third largest energy company and fourth largest company in the world. Their main products include fuel for transportation‚ energy for heat and light‚ lubricants for engines‚ retail services and petrochemical products for everyday use. BP started as a subsidiary of the Anglo-Persian Oil Company in 1909 and through many stages it became British
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