will look at British Petroleum‚ BP‚ one of the largest oil companies in the world. Following the Gulf Oil Spill does BP have sustainability in this market? This paper will examine the early history of the company. It will look at the competitive advantages of the organization by looking at its SWOT analysis. The company’s market strategy will be examined including its growing interest into alternative fuels. Its internal structure will be compared to the persona that BP is trying to convey that they
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SAXENARAGHAV YADAVROHAN ANANDDATE OF SUBMISSION: 24TH AUGUST‚ 2010 | | Effect of BP oil spill and subsequent market reaction on the assets of pension funds and mutual funds Case Facts:- * 20th April 2010 – an explosion caused by blowout on Deepwater Horizon rig kills 11 crewman (including 9 Transocean employees) and ignites a fireball visible from 35 miles. * Deepwater Horizon was leased to BP from March 2008 to September 2013 * Share price on 21st April 2010 – 648.20p & lowest
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British Petroleum (BP) Case Study Executive Summary This case study report examined a public relation management problem that British Petroleum (BP) faced since the oil spill accident happened in April‚ 2010. In addition‚ this thesis recommended possible solutions and implementation plans for BP to deal with the public crisis. On April 20‚ the explosion on the Deepwater Horizon drilling rig in the Gulf of Mexico led to the largest accidental release of oil into marine waters in history. As a
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Utilitarianism theories hold that the moral worth of actions or practices is determined by their consequences. An action or practice is right if it leads to the best possible balance of good consequences over bad consequences for all affected parties. (Arnold‚ pp 17) Utility = whatever produces pleasure or happiness‚ and prevents pain or suffering. Utilitarianism = an ethical philosophy that says the most ethical decision or course of action is the one that maximize utility. Utilitarianism
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INTRODUCTION BP originated from a British petroleum company founded in 1909. After experiencing crises during the 1980s-1990s‚ the company started to have a cost cutting culture. During mid-1990s‚ with an aggressive growth strategy‚ BP started to grow and reposition. After BP merged with Amoco in 1998‚ John Browne started to serve as chief executive until May 2007. Browne repositioned BP as a “green” oil company after he took over and practiced the model of organizational decision-making strategy
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The Truman shows give a true excellent portrayal of both Utilitarianism and Kantian ethics at their finest. When relating to Utilitarianism the Truman shows viewers are complicit and the continued popularity of the show ensures it will continue. In utilitarianism even if the show is ethically questionable and allowed to continue‚ the success has a positive effect on the members of the productions team‚ cast and crew all for monetary profit. Furthermore‚ it has a potentially negative effect for Truman
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Utilitarianism argues that the best action is always the one that yields maximum utility. The core idea behind this theory is that the effects of actions determine whether the action is morally right or wrong. According to utilitarian’s‚ the function of morality is to increase what is good‚ for example happiness and pleasure‚ and decrease the occurrence of bad things. It follows that actions are morally right to the extent that they produce the greatest good for the greatest number. Actions are wrong
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The essential part of utilitarianism‚ whether it is Act or Rule‚ is to promote the greatest overall utility for the given situation. If we look in terms of Utilitarianism‚ one would be in favor of killing Tom to save the other four children. Even though‚ Tom would be killed‚ he would promote overall utility by saving four people through his one body. This reminds me a lot of the Trolley problem we studied in Unit five. They killed one man to save multiple. This may be considered immoral in a way
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"Utilitarianism is the best approach to extra marital sex" Extramarital sex occurs when a married person engages in sexual activity with someone other than their marriage partner‚ this would also be known as infidelity or audltary which had the consequence of being stonned to death in the times of Jesus " If a man commits adultery with another man’s wife-with the wife of his neighbour-both the adulterer and the adulteress must be put to death. (Leviticus 20:10). The negative association with sex
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Criticisms of Utilitarianism Though there are many supporters of utilitarianism given the fact that this theory prioritizes the benefits of the happiness and satisfaction of the majority not the minority‚ there are some philosophers and scholar who critique its implications. - Distastefulness: The argument from distaste is often expressed as a suggestion that utilitarianism doesn’t provide enough support for individuals’ rights. It says that just in order to achieve its goal‚ utilitarianism won’t
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