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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The Transformation of BP Chapter 5-4 | Eric | Summer | Helen | Lidya | Mandy | Content • Introducing BP • Transforming BP • BP Superior performance through Knowledge Sharing • BP Building Cooperate Reputation Through facing the Public Responsibility • Conclusion and Future Consideration Introducing BP BP at a Glance BP is of one of the world’s largest energy companies‚ providing its customers with fuel for transportation
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BP Management Tashon Cooper MGT/230 February 2‚ 2012 Paul Hennessy BP Management BP Management ensures that the material risks are identified and that the company runs effectively. Furthermore‚ BP management ensures that internal control and risk management is under control. In particular‚ some vital components of BP management include their recognition for the company’s yearly plan‚ reviews of material risks‚ ensuring that the chief executive adopts their approach about risks‚ and that
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ITM580: Strategic Planning for IT 1 "Most effective CIO ’s strategy for strategic IT planning" Linwood D. Spears Dr. Alicia Iriberri ITM580: Strategic Planning for IT June 19‚ 2010 ITM580: Strategic Planning for IT 2 "Most effective CIO ’s strategy for strategic IT planning" This paper will discuss the most effective CIO’s strategy for strategic IT planning. This paper will also address the expectations of a successful CIO. The chief information officer (CIO)‚ or information
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Executive Summary This report addresses Illy Espressamente’s failure in the Vietnamese coffee shop market and the underlying reasons by analysing the Vietnam market‚ the 5Cs model. From said analysis‚ we conduct a SWOT analysis showing the situation Illy Espressamente is facing. The problems are twofold: the lack of customer insight that the master franchiser‚ Lien Thai Binh Duong Pty. Ltd. was supposed to supply but did not and the lack of marketing communication from the very beginning. The
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Background The Chronicle Gazette‚ a leading newspaper in a major metropolitan area. Her paper has a paid circulation of 225‚000 customers. It is a first-rate newspaper and over the years‚ its writers have won awards for their work. Ultimately‚ it will be operating from a 40‚000sq.feet unit near the downtown and have annualized sales of $300‚000 and be profitable. It will employ 18 people mainly engaged in Research & Development‚ Marketing‚ Sales and Admin. The Chronicle Gazette will continue to
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Strategic planning can be defined as the formulation of plans that will lead to well informed and sound decisions and actions that when implemented will help achieve all short and long term organizational goals. During this process‚ the creation of well defined mission and vision statements along with organizational values and policies that are directly related to the company’s goals will help the business organization achieve long term success. Because success or failure directly impacts all stakeholders
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Ethical Problems in Bp 1. Introduction The company‚ BP is the third-largest energy company where produces approximately 3.8 million barrels of oil and gas per day and possesses 22‚400 service stations over the world. However‚ the oil disaster called as BP oil spill or the deep water horizon oil spill was occurred on April 20th‚ 2010 in the Gulf of Mexico recording the greatest oil spill compared to other oil spill accidents in our history. The Deepwater Horizon oil rig explosion caused deaths
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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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Strategic Planning Wissam AlHussaini‚ PhD ! Outline ! What is Strategy? ! Strategic Planning Process ! Environment Analysis ! Setting Objectives Thinking Strategically: The Three Big Strategic Questions 1. What’s the organization’s present situation? 2. Where does the organization need to go from here? 2. Markets to be in ! Stakeholders’ needs and groups to serve ! Direction to head 3. How should it get there? ! An organization’s answer to will we get there? how is its strategy
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