relates ethical behavior in high-profile events, as well as examining various regulatory and sustainability market approaches to business environmental responsibilities. The paper focuses on two major occurrences; the Hurricane Katrina disaster and the BP oil spill tragedy. Hurricane Katrina entered into records as one of the worst disasters ever to hit the US, the storm is considered as the most disastrous and damaging in the US history in 2005. Well over 1800 people
Case 1 McDonald’s: Grilling Up an Empire 1. Describe some of the management challenges McDonald’s has likely faced in its expansion internationally. McDonald’s has been a staple in the restaurant business for as long as most of us can remember. It has achieve around the globe, but not without overcoming a fair amount of challenges in its pursuit of the title “King of Fast Food”. The basis for the entire business is ethical, truthful and dependable. It takes time
The BP Oil Spillage British Petroleum Company (BP) is among the major international gas and oil companies in the world. It provides clients with energy for light and heat, fuel for transportation, lubricants, and other petrochemical products that are used in manufacturing various items. The company’s primary goal is to deliver value to its customers by utilizing its distinctive capabilities, managing the quality of its portfolio, and setting clear goals. However, an unprecedented explosion of BP
BP is headquartered in London, United Kingdom, and operates in many other countries around the globe. Their commitment to globalization highlights their ability to operate in countries with various cultures and values. Their foreign operations have to align with the social, political, and economic norms of these countries in order to effectively and efficiently run. Geert Hofstede’s work alludes to the difference in societies of countries around the world. His work studies the differences in society
Sustainability Review 2010 bp.com/sustainability 2 A letter from our group chief executive / 4 How BP is changing 6 Gulf of Mexico oil spill / 14 How we operate / 22 Energy future 30 Safety / 34 Environment / 38 Society Within hours of the Deepwater Horizon accident, BP teams were working to stop the leak. We also acted to minimize the spill’s impact on the environment by containing, removing and dispersing oil offshore, protecting the shoreline and cleaning up oil that came ashore. And we
pipeline companies, equipment makers, oil field service providers, and gas station operators - which have all enjoyed new profits. Leading the charge are the world 's largest integrated oil companies: Exxon Mobil, BP, and Royal Dutch/Shell (Yahoo Finance, Industry Profile). British Petroleum (BP) is of one of the world 's largest energy companies, providing its customers with
leaders’ influence on organisational outcomes. I will discuss a number of theories (attribution, contingency, initiation and consideration) and examples of leaders from international organisations; including James Burke Chief Executive Officer of Johnson and Johnson and Tony Hayward Chief Executive Officer of British Petroleum (BP). These leaders influenced their employees, the public and world media and were subjected to credit or blame. An effective leader is one who achieves
BP 's Marketing Strategy in Changing Business Environment 1. Introduction Multinational corporations operating in complex and diverse political, economic, social and cultural environments have to improve, adjust and develop their marketing strategies on a regular basis (Bamberg, 2009:46). Changing environmental factors create new conditions for their operating, which often require considerable and serious changes in strategic decision-making and positioning of companies. Inflexible and
However, according to the National Commissions report, the implementation of the regulations, coupled with inadequate industry safety culture, enhances the chances of blow outs, and by extension environmental justice impacts. BOEMRE was responsible for leasing the oil exploration tract to BP. The US Coast Guard is responsible for determination of the fitness of the rig and leakage control mechanisms. Environmental Protection Agency have multiple functions including the coordination or local and national
Petroleum (BP) in their Construction Introduction: The Need to Construct Pipelines One of the world's largest collections of oil fields lies beneath the great Caspian Sea. However, as the sea is landlocked, oil transportation to the West poses a complication. Previously, all the transportation routes for oil transport from this area were constructed through Russia but their usage became inconvenient with the collapse of the Soviet Union as Russia declined to participate in any such activities ("BP/BTC