SWOT Analysis S TRENG THS - BP is listed on London Stock Exchange and within the FTSE 100 Index‚ it is also has a listing on the New York Stock Exchange. BP is operating globally in 80 countries with different brands. - BP is 4th in the Fortune 500 and 3rd largest energy company worldwide measured by revenue. (CNN Money‚) which is also dominant in the European market. - BP also gained competitive edge because the world leading oil related technology. WE AKNESSES - BP made a huge loss in 2010 owing
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The thesis of the Federalist papers was that the Article of confederation needed to be replaced with a new constitution which would ultimately save the nation from the problems of the United States government having strong state government and a weak national government. The Federalist papers addressed the weakness of the Article of Confederation. The federalist were all in favor for ratifying a new constitution because it did not serve as a firm constitution. The new constitution that was
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Motivation Theory Introduction In this competitive market it is easy to replicate products‚ but cannot replicate motivated employees. The important factor to achieve success in the business is that the manager should have the ability to understand and motivate their employees. Since every individual employee is different from others so it can be challenging to understand each employee’s need and to apply the right motivational theory. Maslow’s Hierarchy of Needs Abraham Maslow’s theory is focused
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Working in groups or teams. In practice therefore businesses should re-organise production to encourage greater use of team working and introduce personnel departments to encourage greater manager involvement in looking after employees’ interests. His theory most closely fits in with a paternalistic style of management. Working places should be like as a social environments and good relationship should be maintained between all the workers. People are motivated by much more than self-interest George
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Theories of Motivation Motivation has been defined as the psychological process that gives behaviour purpose and direction (Kreitner‚ 1995); an internal drive to satisfy an unsatisfied need (Higgins‚ 1994); and the will to achieve (Bedeian‚ 1993). In psychology‚ motivation refers to the initiation‚ direction‚ intensity and persistence of behavior. In simplistic terms‚ we can define motivation as the desire and willingness to do something and the inner force that helps individuals achieve their
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Dory Demolition has three leadership strengths from the trait theory that is clear to see in her abilities to be the vice president of Company A. The first strength is her self-confidence which is evident in the decisions she makes without blinking an eye. Per the article that Kirkpatrick and Locke have published‚ one of the most important traits a leader should have is self-confidence. (Kirkpatrick‚ Locke‚ & Maryland‚ 1991) When North Carolina Medicaid changed administrative companies that would
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What is Motivation? Buchanan defines motivation as follows: "Motivation is a decision-making process‚ through which the individual chooses the desired outcomes and sets in motion the behaviour appropriate to them". How does motivation differ from "motives" Buchanan defines motives as: "learned influences on human behaviour that lead us to pursue particular goals because they are valued". Motivation can therefore be thought of as the degree to which an individual wants AND chooses to engage in certain
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The Strengths and Weaknesses Of Virtue Ethics The virtue ethicist suggests that this theory avoids the complicated tasks of using a formula to figure out what we should do‚ by instead focusing on the kinds of persons we sould be. The problem lies in determining how we know what kinds of persons we should be. How are we to determine just what the virtues are? If we don’t know what the virtues are‚ then telling people to live virtuously would be ignorant. The virtues are whatever
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The Drole Pineapple Company managers are always interested in the sizes of the pineapples grown in the company’s fields‚ because bigger and juicier pineapples means bigger and juicier wallets. As any company would‚ the Drole Pineapple Company is very conscious about maximizing its profits as much as possible‚ and for or Drole‚ advertising the succulent size of its pineapples is a key factor to its sales strategy. Thus‚ managers of the company are interested in finding the largest pineapples in its
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In William Shakespeare’s‚ Macbeth‚ a tragedy written 1606‚ Shakespeare brings to attention the complex intellect between the ideas that man must face in making decisions. This play takes place in eleventh century Scotland. Macbeth‚ a once noble and loyal soldier turns to evil ways for things he desires such as power and approval. He murders his precious king‚ friend‚ and other innocent civilians to become king. He takes advice from three witches and his wife‚ neither of whom gives just advice. He
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