Because of this, the company is affected by the type of economic system in its countries of operation, the stability of that system, exchange rates and the stability of the currency, financial market’s efficiency in […]
In terms of environmental impacts, BP has received much support globally for its hands-on standpoint on environmental challenges, most notably for not only investing heavily in technologies aimed at reducing the carbon footprint, but also […]
British Petroleum was established in 1909, and its origin is linked to the establishment of the Anglo-Persian Oil Company. This company has enjoyed a near-monopoly in oil and gas production because of its strength in […]
The economies of scale in the petroleum industry are very high because of the capital intensive nature of the industry’s operations which make it difficult for any oil producing company to enter the industry.
The firm has been in operation for a number of years and has managed to venture into the global market. In addition, the high rate of terrorism is a threat to the firm.
In cases of a corporate governance failure, the trust of the public and stakeholders decreases, leading to potentially harmful consequences for the overall success of an organization.
The Deepwater Horizon oil spill is regarded as one of the biggest marine hazards in the history of the US. The shortcomings of the reports provided by the company will be analysed in the context […]
Overall, the measurement of performance is important for evaluating various strategic options that are available to the company. In turn, it is possible to suggest that British Petroleum should focus on the environmental sustainability of […]
The problem is identifying the challenges the company is facing in the United States after the oil spillage and the impact of this event by applying ethical perspectives.
British Petroleum is headquartered in London but operates in several other countries. It is concerned with the exploration, mining and supply of oil and natural gas.
It was claimed to be one of the greatest disasters that led to human deaths and oil spills that affected the ecosystem adversely. In addition to that, the management team was affected because it had […]
Back at the end of the 20th century, the corporation announced a program to transform the production of petroleum products in accordance with the principles of environmental protection.
If I were in Howard’s position, I would have taken the time to investigate the depth of the issue and work on solutions that would support the affected individuals and empower them for the foreseeable […]
It is presented as a strategy that will allow BP to compete with the bigwigs of the industry. It is hard to convince investors to shoulder the debts of a company for the sake of […]
While the companies demonstrate slight transitions to sustainability, it is hard to innovate and present ethically sourced and healthy product due to the negative image of its origin.
If the current assets are less, the company may result in short-term lending to ease the situation. The trade receivables, financial instruments, and prepayments are categorized both in the noncurrent and current assets categories.
BP’s attempts to compensate the victims, in my opinion, are not enough to change the corporation’s reputation. A good reputation encourages and keeps customers loyal to the products of the company.
The Catholic Church strongly believes that the moral vision of society is strongly embedded in the dignity of individuals bearing in mind that human life is sacred.
BP has the purpose of improving efficiency in the energy sector and meeting the world’s energy needs. In their report on the spill, Transocean attributed some of the errors to themselves but they maintained that […]
The oil spill is majorly the result of a failed blow-out preventer which was installed at the mouth of the pipe in the sea bed, and as a result of its failure, this still continuing […]
In accordance with the Annual report of BP, the company succeeded mainly in the sphere of cost leadership and following management principles within the employees providing them with a safe and competitive work.”The BP operating […]
And where specific environmental needs outstrip the power, and therefore the responsibility, of the individual corporation, conscience demands more reaching out to and eventually with other corporations in an industry, a geographical area, or a […]
The use of ICT reduces the coordination costs between the organizations to a considerable extent and also increases the outsourcing of the firms and in turn, increases the number of organizations involved in the structure.
The company was incorporated in the UK in 2005 and is operating all over the world. After incorporating, British petroleum sold off its derivative businesses to be able to run the current business The company […]
Addressing the objectives of the workshop and presenting the project background are crucial parts of the agenda, too, because they help to educate the company’s staff about the significance of prevention and mitigation measures.
The purpose of this article is to apply the project risk management theory to a case study using the example of the reputational decline of British Petroleum.
A detailed enquiry into the incidents that led to the explosion points out to a deliberate attempt by the management of the firm to maximize its infrastructure at the expense of the rights of the […]
In a sense, what occurs in the case of corporate sponsorships is that the values associated with the person/franchise that is being sponsored is transferred to that of the company which in effect becomes a […]
Therefore, it is desirable that BP should reconsider its current financial policy and introduce the principles of sustainability to maintain the According to the recent records of the company’s progress in the target environment, BP […]
As the experiences of the organisations listed above shows, the lack of an appropriate financial risk management strategy has led to a significant drop in the sustainability levels in each of the companies. The risk […]
Different research tools will cater for different audiences and needs, for instance, online surveys will be used to reach BP products’ consumers throughout the world while observation tool will be used in the local market […]
In this regard, due to the fact that BP plc is an integrated oil company efficiently performing on the global market, I would like to propose it including the peculiarities of the company, its strategy, […]
As it was proposed earlier, the company strives to meet the requirements of the modern world offering the market the most demanded products and operating in the context of the effective strategy.
BP was the largest company in the UK in the 1980s and 1990s. To the extent of such potential losses, BP has to buy insurance in exchange for loss settlements should the risks occur.
The company needed a strategy to deal with the crisis after the accident to protect its reputation and ensure that similar accidents did not happen in the future.
Considering that the change process involved a total overhaul of every element of BP, at the end of the implementation of the knowledge management project, the organization was ready to retain the concept permanently. Apparently, […]
The paper purposed to evaluate how BP embedded aspects of image restoration theory in its press releases, especially bolstering, transcendence and corrective action, to demonstrate to the government and the publics that it was firmly […]
However, to have a proper conception of the plan, this paper analyzes key external organizational factors that affect the company’s operations, its main stakeholders, and how they affect the company’s financial performance.
This essay reviews the ethical issues involved in the strategy of the BP Energy Company with the special reference to the April 20 explosion of Deepwater Horizon offshore drilling rig.
Source: BP While the explosion of the drilling rig at the deepwater horizon in the Gulf of Mexico occurred in April 20 2010, the first communication by BP was in April 24 2010.
The quantities of the oil spilled by these accidents into the ocean are insignificant compared to the number of gallons that BP spill in the Gulf of Mexico, jetting into the ocean every day from […]
From the perspective of a rig operator, one of the morality issues that seem to be inherent at BP is the failure to follow the right procedures in making the rig machinery.
With this, the issue of BP oil spill turned out to be more than legal as it has put the marine life and human life in the vicinity of the disaster under peril.
The learning and development theories, models and frameworks with regards to the BP Company are applied in analysis, design, delivery as well as the evaluation of the learning and development provision.
People process change was really wanting in this organization and if the BP organization had taken time to appreciate their employees and also give incentives in form of promotions, the employees would have felt a […]
The company is involved in several activities within the energy sector especially exploration of gas and oil, refinery and distribution of the same, generation of power and in retailing of gas and petroleum products.
The long- term impact of the oil spill on the oysters and clams is not easy to determine because the larvae are said to die from the effects of the oil spill but the mature […]
Development of a merger plan- To increase the rate of success in mergers and acquisition, it is important for the firms involved to develop a comprehensive merger plan.
The spill contributed to the disruption of the ecosystem and the wildlife, these included both aquatic and terrestrial wildlife. This contributed to the loss of life, environmental pollution and health issues among others.
The company is in need of revamping the oil production process especially after the catastrophic 2010 oil spill and dwindling returns over the past five years.
In this section, the goals that the researcher will be aiming to achieve will be precisely established and as such, they will form the basis of the research.
The magnitude of the damage has been felt in the ecosystem and the wildlife. For example, in the US, BP oil spill brought a terrible brand to the environment and economic activities of the Gulf […]
In the case of the oil spill, the article seeks to show that even though British Petroleum did go to great lengths in their CSR campaign; other firms that did not do this would have […]
However, these initiatives and attempts to compensate the problem cannot be discussed as enough to change the consumers’ attitude to BP because the company had the similar problems earlier, and the absence of the necessary […]
The accident led to the spilling of large volumes of oil into the waters on the Gulf of Mexico, thereby endangering aquatic lives. The Deepwater Horizon explosion was the largest and longest oil spill in […]
With the experience BP had on such projects and its success in exploitation of renewable energy sources, the company did not put into place the right measures in order to take care of any disaster […]
The explosion at BP’s Macondo oil well and the subsequent spill of almost 5 million barrels of oil into Louisiana waters was one of the hot topics in the U.S.in 2010.
The environmental effects of the BP oil spill adversely affected the gulf region and the efforts to remedy the situation are likely to impact on the overall US economy Tons of species of creatures were […]
The BP oil spill, also referred to as the Deepwater Horizon oil spill is the worst oil spill in history that took place in the Gulf of Mexico for about ninety days in 2010 and […]