Berge‚ Andrea MGMT 485W Spring 2013 Case Study: TNK-BP (Russia) INTRODUCTION “This case portrays the highly uncertain scenario facing BP in Russia at the end of 2007. In the midst of unraveling relations with its cooperative partner and undesirable host government practices‚ ideal strategic conditions are implausible. In order to maximize outcomes under such imperfect circumstances‚ BP ’s senior management needs to fully assess the situational risks‚ understand the dynamics and motivations
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Forces The Threat of New Entrants (Low) There is a great amount of economies of learning and scale in the oil industry for Example BP has been searching for oil since 1901. They invest a huge amount in up-to-date technologies making it difficult for new entrants to compete. His obviously requires huge capital investments in R&D as well as start-up cost‚ for example a truck just to carry the oil costs over $1‚000‚000. There is a lot of regulation in the industry especially with regards to inter-continental
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Ethical Issues in the Workplace Thesis Description Choosing to work in a predominately male environment while working the same late hours‚ enduring the same amount of time on deployments‚ and listening to males argue over how much tougher they are than females‚ is a challenge to a woman in a leadership role. The predominantly male field is not the place for a female who is sensitive. When a female decides to enter the military and work with a military that has a male majority‚ it can cause
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ETHICAL ISSUES IN ADVERTISING Advertising is a paid non personal communication about an organization and its products that is transmitted to a target audience through a mass medium. It is a kind of promotional activity. Advertising is widely criticized. Advertisements often do not include much objective information for the simple reason that their primary function is not that of providing unbiased information. Exaggerated claims and outright falsehoods are the most obvious targets for complaints
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Ethical Case Analysis: Nike Introduction Nike was established in 1972 by Bill Bowerman and Phil Knight. These two men were visionaries. The goal for Nike was to carry on Bowerman’s legacy of innovative thinking by helping every athlete reach their goal or by creating lucrative business opportunities that would set the company apart from any competition. This included providing quality work environments for all who were
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2. Discuss and illustrate the classifications of ethical issues discussed in the text. According to the textbook‚ Business Ethics: Ethical Decision Making and Cases‚ an ethical issue is “a problem‚ situation‚ or opportunity that requires an individual‚ group‚ or organization to choose among several actions that must be evaluated as right or wrong‚ ethical or unethical” (Ferrell 65). There are fifteen basic classifications of ethical issues in business that can be broken down into three categories
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Limited (UCIL) ’s plant released 40 tonnes of methyl isocyanate (MIC) gas which instantly killed over 3‚000 people and carrying on causing the death of more than 20‚000. This tragic event involved not only the technical‚ safety issues at the time‚ but also ethical issues on the responsibility of those who would have been able to prevent the tragedy from happening and those who denied or intentionally decreased the responsibility of causing it. 2. Background of the involved organization: It was
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Coke Ethical Issues Our product is quite healthy. Fluid replenishment is a key to health. Coke does a great service because it encourages people to take in more and more liquids. - Michael Douglas Ivester‚ Coke’s Chairman and CEO. Public schools are funded by the public to educate the children as provided by state law. It is totally inappropriate that its facilities and employees are being used by corporations to increase their own profits on public time and with public dollars
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INDIAN INSTITUTE OF MANAGEMENT‚ LUCKNOW LEGAL ASPECTS IN MANAGEMENT Topic: Legal Issues In Climate Change Management Project submission to PROF.D.SENGAR BY GROUP 1 SECTION G ABM11037 KRITI PATHAK ABM11038 KRITI THAKUR ABM11039 MANJARI MULUKUTLA ABM11040 MEERA NAUTIYAL ABM11041 PEDDI BHAVANA TABLE OF CONTENTS 1) Introduction……………………………………………………………………….…..3 2) Status and severity of the problem- national‚ international & local……….……4 3) Legal and regulatory measures adopted to control
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Report on: Ethical Issues in last 6 month Submitted to: Prof. Majalkar BY: Nihali Jadvani Roll No: 18 For Subject Business Ethics & Corporate Governance 2G Spectrum Scam We have had a number of scams in India; but none bigger than the scam involving the process of allocating unified access service licenses. • It is Rs.1.76-lakh crore worth of scam. The amount is approximately 2% of national GDP or 1/3 of current tax revenue of India. It is also equals to annual income of
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