paper tries to evaluate BP ’s corporate governance framework. It tries to identify what responsibilities the Board of Directors and Senior Leadership should undertake before and during crisis management situations. Before the spill British Petroleum is an industry where accidents occur and given the complexities of such an industry‚ it is critical that the Board remain vigilant about company affairs and that it learns from its previous mistakes. This note tries to evaluate actions that a Board
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Russia faces today with petroleum. The petroleum industry that Russia inherited from the Soviet Union has helped keep Russia afloat. However‚ the over reliance on the petroleum industry also makes Russia very susceptible to the economic downturns and keeps Russia from growing in other sectors. During the recent recession‚ Russia was one of the countries that were hardest hit. This is due to the fact that thirty percent of Russia’s Gross Domestic Product (GDP) comes from petroleum revenues and forty
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an oil-producing zone. operation. It provided a way to dispose of undesirable water without the water being used to stabilize firewalls around tank batteries‚ control vegetation growth‚ and water lease roads. At the same time‚ the water raised production of the available oil in the reservoir. Water flood remains a keystone to many methods of enhanced recovery. It is an excellent second-stage recovery technique and is also a major factor in slugging and blending and extends deeply into many tertiary
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Logistics October 28‚ 2008 The articled uploaded are very good and should be read. The lecture does not follow the format of the book but the book is easy to read and forms a background to the course. Preferred definition: (what is logistics? why are we studying logistics) Slide Logistics/concept 3 In the definition‚ every word counts. Key words underlined. Logistics is a process – continually doing it‚ not just once. You plan‚ implement and control. It includes a planning function‚ something
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Management – Offshore Outsourcing It is now widely accepted that outsourcing is not just a cheap labor tactic‚ but also a strategic business decision. However‚ ethics and outsourcing continue to be burning issues for many businesses who want to make the move to outsourcing. Quality‚ control and cultural differences are a few concerns that keep coming up when one talks about the risks of outsourcing. For more than a decade‚ Outsource2india has worked with customers across the globe. One of our primary
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relatively high because of the resource based nature of the business. There is severe competition to locate and secure drilling licenses between the major players and the cost of expedition and production is relatively high. The main source of competitive advantage in his industry is to cut down the costs of production per unit produced. 3.3 Substitutes for Oil and Gas Products The threats of substitutes for oil and gas products are low and come from wind‚ nuclear‚ hydroelectric and biomass. Wachsmith
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[pic] UNIVERSITY OF NAIROBI SCHOOL OF BUSINESS MBA PROGRAMME COURSE: DPS 504: LOGISTICS AND TRANSPORTATION MANAGEMENT LECTURER: Ms. SALOME RICHU Group 1 & 2 ENVIRONMENTAL AND ETHICAL ISSUES IN LOGISTICS AND TRANSPORTATION MANAGEMENT July 04‚ 2012 PRESENTED BY D61/60090/2011 – ONGONDO LUCAS D61/67682/2011 – CHEBELYON KEN D61/68645/2011 - WANYONYI LEVINA KULUNDU D61/66737/2010 – MBOGO BENSON D61/63174/2011 – MURIUKI ANN CAROLINE D61/67845/2011 – MBUGUA CAROLINE D61/62803/11 – CHARLES MAINA D61/63039/11
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Reverse logistics stands for all operations related to the reuse of products and materials. It is "the process of planning‚ implementing‚ and controlling the efficient‚ cost effective flow of raw materials‚ in-process inventory‚ finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal. More precisely‚ reverse logistics is the process of moving goods from their typical final destination for the purpose of capturing
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1. We recognized a pre-tax charge of $40.9 billion in 2010 and a pre-tax credit of $3.7 billion in 2011 as a result of the Incident. The total amounts that will ultimately be paid by BP in relation to all obligations relating to the Incident are subject to significant uncertainty and the ultimate exposure and cost to BP will be dependent on many factors. Furthermore‚ the amount of claims that become payable by BP‚ the amount of fines ultimately levied on BP (including any potential determination
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Warren Buffett Professional Career: Warren Edward Buffett is an American Investor‚ Business Magnate and Philanthropist. He is widely considered as the most successful Investor of the 20th century. Buffett is the primary Shareholder‚ Chairman and CEO of BERKSHIRE HATHAWAY and consistently ranked among the world?s wealthiest people. He was ranked as the World?s Wealthiest Person in 2008 and as the 3rd Wealthiest Person in 2011.In 2012‚ American magazine TIME named Buffett as one of the
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