3Natural Gas Business in Indonesia Introduction Gas is an energy future of Indonesia. It is a fact that cannot be denied anymore. Based on existing data, throughout 2010 there were new discoveries of gas reserves are significant enough to achieve 2.09 trillion cubic feet, while the discovery of oil only amounted to 140 million barrels only. On January 1, 2011, proved reserves position and potential of gas in Indonesia reached 153.72 trillion cubic feet of proven and potential reserves and crude
3Natural Gas Business in Indonesia Introduction Gas is an energy future of Indonesia. It is a fact that cannot be denied anymore. Based on existing data, throughout 2010 there were new discoveries of gas reserves are significant enough to achieve 2.09 trillion cubic feet, while the discovery of oil only amounted to 140 million barrels only. On January 1, 2011, proved reserves position and potential of gas in Indonesia reached 153.72 trillion cubic feet of proven and potential reserves and crude
Interpersonal Behavior in the Workplace: Trust Nike Inc., the sports apparel multinational company has been under suspicion and scrutiny for their practice of the unfair treatment and negligent labor habits in their offshore factories. They have been criticized for human rights abuse, child labor law violations, as well as minimum wages and trade union relations violations within a number of Asian countries. They subsequently misguided the public in an attempt to make one believe there is no
Political Risk Indonesia has a high rate of political risk because of the corruption, weak judicial system, and fragile infrastructure. Indonesia has several issues that conflict with promoting foreign investments including: a poor government performance, low wages, and a conflicting religious concerns. Indonesia is making changes to its government regulations and restrictions, and increasing funding for infrastructure. Religious concerns are more difficult combat because the majority of the population
Stakeholders Including Individuals and Organizations That Have Potentially Causing Forest and Land Fire in Indonesia There are causative factors of land and forest fire that frequently occurred in Indonesia. The factors are weather symptoms of El Nino, attitude that do not heed government warnings, and law enforcement for forest fires actors that are still weak. Each of this factor related to the ethical behavior of stakeholders. Business ethics are ways to do business, which cover all aspects relating to individuals
The corporate world has an unfavorable view of itself by being selfish, evil, and against the average American. Companies market themselves and their products in certain ways that makes them and their products appealing to everyone and if not everyone then a certain group of people. Every company has a mission to follow and values to go by, but some companies lack ethics and morals. In this paper I am going to talk about one company that engages in ethical behavior and another that doesn’t. One
Despite the close geographical proximity of Indonesia to Australia, their social and cultural environments differ quite significantly. Coca-Cola Amatil, being an Australian-based organization, possesses its own organizational culture and climate, fostered and influenced by Australian values and ethics. While Australian culture is dominated by Western thought and ideology, the culture of Indonesia has been shaped by long interactions between original indigenous customs and multiple foreign influences
administrations of the diverse country such as Indonesia engaged in this precise global industry’s procedures remained that they look the other way as Phil Knight did concerning the underprivileged operational environments of the industrial plants. An additional role that these governments played was that they did not do anything about the very low wages of the workers for example, in Indonesia, the workers were paid a measly $1.25 each day but the corporeal salary in Indonesia was essentially $3 each day. As noted
conditions around the equator. Companies are racing for this profitable land before it has already been claimed. The Indonesian government began to issue permits to big companies for the production of palm oil, and the results are catastrophic. Indonesia is now under a widespread burning of tropical rainforests and peat lands to develop palm oil plantations, and many are saying the crisis is one of the largest sources of carbon pollution today. “It is estimated that the fires are producing more carbon
INSTITUTE OF TECHNOLOGY GRADUATE SCHOOL OF BUSINESS AND LAW ETHICS AND CORPORATE SOCIAL RESPONSIBILITY IN DRIVING ORGANIZATIONAL SUCCESS FOR MULTINATIONAL COMPANIES IN OIL/MINING INDUSTRY Submitted in partial fulfillment of the degrees Masters in Business Administration Lecturer: Eileen O'Leary 2010 By: Albertus Rendy Buntaran (S3264165) Executive Summary This paper provides a broad definition of ethical behavior and Corporate Social Responsibility (CSR) in the competitive world of oil and mining