Complex World MBM500: Semester 1‚ 2013 Author: Daniel Smith – 5549426 Title: The Analysis of BP and the Deepwater Horizon Disaster of 2010 Due Date: 5/5/13 Word Allocation: 2193 excluding executive summary‚ headings‚ tables‚ references and appendices Executive Summary This report provides an examination into British Petroleum (BP) and the Deepwater Horizon disaster of 2010. It looks specifically at the functional area of organizing
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BP ’s Management Crisis The Frontline report‚ “The Spill”‚ which focused on British Petroleum ’s problematic management culture and its catastrophic effects‚ aired on October 26‚ 2010. Around then‚ the oil giant BP had suffered a crisis with its latest off-shore oil rig‚ the Deepwater Horizon. However‚ this was just the latest in accidents concerning its oil operations. In the years before the Deepwater Horizon accident‚ BP had also suffered major accidents in its oil production fields in Texas
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spewed out into the sky. Mr D’arcy got the news five days later due to the low speed of Persian telegrams . Mr William D’Arcy directly said “If this is true‚ all our troubles are over”. Within a year ‚ the anglo-persian company which one day became BP was in business. This huge success of this new company potential lead to the opening of trading houses in London and Glasgow for the Anglo-Persian Stocks After the near loss of everything for William d’Arcy‚ he was richer than he had ever been in his
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The 2010 BP Oil Spill allowed about 5 million barrels of oil to flow into the Gulf of Mexico before the gush was capped. Unfortunately‚ the explosion killed 11 people and injured several others (Benoit‚ 2011). To claim its ultimate negligence and reduce the pollution of the spill‚ BP created a multi-page website entitled “Gulf of Mexico Restoration” to communicate its message to the public. BP’s “Gulf of Mexico Restoration” website uses these three strategies to repair its reputation: displaying
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LEHMAN COLLEGE ECONOMIC ANALYSIS FOR MANAGERS ANALYSIS OF CON EDISON BY USING MICHAEL PORTER`S FIVE FORCES MODEL INSTRUCTOR: MINE AYSEN DOYRAN STUDENT: Recep Maz What makes electric utilities (Con Edison) monopolistic and why? Support your answer by referring to AT LEAST 2 FORCES outlined in MICHEAL PORTER’S Five Forces of Analysis Historical facts about Con Edison Company I would like to give breath information which
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Furthermore‚ Nespresso reported annual sales of USD 3‚22 billion in 2011‚ growing by 20% during the fiscal year. The aim of Nespresso is to become the icon of the perfect coffee worldwide and to be established at the super premium brand. 2. 5 FORCES‚ MODEL OF PORTER a. Rivalry among competiting sellers Competitive intensity of the market is strong because of the many multinational that manage the market and who have a couple of coffee brands each one. Furthermore‚ Nespresso did have a patent for
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a‚b‚c‚d and f. 4. S.P would complain of pain in the foot and calf’s. 5. The purpose of aspirins is to decrease inflammation and prevent blood clots. 6. You may want to wear loose‚ comfortable clothing that allows the technician performing the ankle-branchial index test to easily place a BP cuff on your ankle and upper arm. Having an ABI is painless and similar to getting your BP taken in a routine visit. 7. His ABI results indicate a diagnostic of PVD. 8. I would address
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Porter generic strategies Michael Porter described three types of strategy to achieve/maintain competitive advantage in his 1980 work Competitive strategy: techniques for analysing industries and competitors. (CS:TAIC) These generic strategies are based on two dimensions: market scope + core competency with two competencies being the most important: product differentiation/product cost. [pic] Porter (1980) stressed that failure to adopt single strategy of differentiation or low cost results in
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Threat of New Entrants is low The airline industry is so saturated that there is hardly space for a newcomer even to squeeze its way in. The main concern for this is the cost of entry. The airline industry is one of the most expensive industries‚ due to the cost of buying and leasing aircrafts‚ safety and security measures‚ customer service and manpower. Another major barrier to entry is the brand name of existing airlines and it is really difficult to lure customers out of their existing brands
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studies Module name : international business management module Teacher : Ian Norman student Name : Mokbul Hossain Student Id : 000762547 Question: As a management consultant advising a country of your choice‚ explain how u can use Porter ’s Diamond model to evaluate and improve the nation ’s competitive position. Introduction Business world is getting complicated day by day .Companies want to do business like participating in the competition for profit or market share. We are
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