BP and Consolidation of the Oil Industry‚ 1998-2002 Executive Summary BP should sell its business and start a new business‚ a clean energy production‚ because it would lose profits from oil supply. Oil industry had not developed in perfect competition; oil price was easily controlled since oil industry was oligopoly‚ many consumers exist and the government protected oil industry from competition. However‚ oil industry is facing perfect competition; oligopoly formation of oil industry
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Tutorial 4 Bullet Point Summary Question 1-Income Derived from a Business Is the $10 000 cash rebate income under CB1 of the ITA 2007? CB1: * Income of a business is taxable unless it is of capital in nature * Capital Revenue Distinction Relevant Cases: * Wattie v CIR * Birkdale Service Station Ltd v CIR Facts to Consider: * No obligation to spend the rebate on anything in particular * Gas n Go already bound to an exclusive agreement with Caltex * Used to repaint
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Many psychological studies have been carried out over the years‚ mostly ethical practices in the interest of knowledge‚ however there have been some experiments carried out that have had serious negative consequences on their test subjects. Two experiments of this type are the ‘Little Albert’ experiment where a child was conditioned to fear a white rat to test whether fear is innate or conditional. The second experiment was carried out on young orphans to find out if stuttering was a genetic trait
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Deepwater Horizon Assignment On April 20th 2010 a BP licenses oil rig 50 miles off the coast of Louisiana exploded‚ killing 11 people. For three months millions of barrels of oil poured into the Gulf of Mexico killing sea life‚ altering the eco-system and affecting towns situated around the Gulf’s livelihood and quality of life. The Deepwater Horizon rig is responsible for the worst offshore oil spill in history. The corporation lost billions of dollars due to the disaster stemming for systematic
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Practice Problems PARTI: MULTIPLE CHOICE 1. The CPI index: A. Is usually highly correlated with the GDP deflator B. Measures the price of a consumption basket; the GDP deflator‚ instead‚ measures the cost of a basket of locally produced goods C. Is sensitive to the high volatility of the price of food and energy D. All of the above 2. Looking at the composition of GDP in the last 50 years‚ we can claim that: A. Both in India and the US the consumption share has been converging to
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really isn’t room for unethical behavior in the professional world; there is no greater impact on stakeholders than a company/business performs unethically. We have already witnessed what can happen when businesses have employees who act unethically‚ i.e.: Enron. The Enron situation actually brought on more regulations for companies to follow to promote/ensure ethical behavior. Companies obviously still aren’t always acting ethically but there certainly seems to be less unethical behavior in the professional
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Courtney Verblaauw Literature I Dr. Graves October 8‚ 2010 The Unethical Depiction of Women in Homer’s The Odyssey In Homer’s The Odyssey‚ women are depicted and morally seen as “the controlled” ones with the men being “the controllers.” The treatment of the women by men can most certainly be exemplified as sexist. Unfortunately‚ women are only acknowledged and viewed differently based upon their physical appearance. Throughout The Odyssey‚ the imperative men deem a woman rewarding if she
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that it was a hard decision to make between the two‚ but I viewed Anna’s as unethical in Fitzgerald’s case. I believe it’s unethical to create a child to meet specific genetic requirements‚ such as to have higher IQ‚ or to have a certain physical appearance. Life isn’t something people can pick and choose; it is something that people try to make the best thing out of no matter what they get. I believe it is also unethical to conceive a child to meet certain genetic requirements in most situations
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Amanda Rizzuti Mrs. Price English III 5 March 2014 Huck’s Changes In the beginning of the novel Huckleberry Finn‚ Huck was a very immature young boy who did not care about what would happen if he got caught doing something. With having Miss Watson as his caregiver‚ she tried helping him into the right direction but with Huck’s father Pap‚ it was a disaster. Once Pap kidnapped Huck‚ Huck realized he needed to get out quick and once he did he was all by himself. “ I got out amongst the driftwood
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Affairs among members of the large corporate structures are not uncommon and can be found documented in many different venues. When a Chief Executive Officer (CEO) chooses to have an affair with an employee on his staff‚ many questions can be raised. Is it a question of whether the affair was wrong‚ or whether the conduct reflects poorly on not only the person’s involved‚ but the company that was involved? Perhaps it just came down to Mr. Stonecipher not practicing what he preached. From an ethical
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