...Examine the changing importance of three energy alternative to oil [15 marks] In the last decades the demand for oil increased rapidly mainly due to growing population and better and richer standard of living and is the top energy source for the humans. But as the production of oil is not able to keep up with the fast rising demand, the prices started to rise from $10 in 1998 to $130 in 2008 for one barrel of oil and will become even worse as most oil resources will reach their peak in the next years. Through this it is inevitable that at some point the world will run out of energy unless new methods for energy are developed using renewable sources, such as wind, crops or water. These are also known as alternative energy. Just recently, wind power became the second most successful renewable source, especially after the price decreased by 10 percent the last 20 years. Nowadays, there is a worldwide capacity of 100,000MW. Germany, one of the top producers of wind power, generates 5.6% of its energy from 18,000 wind turbines. It not only gains the advantage of extra energy but also the employment of 64,000 people. Also the United Kingdom increased their amount of turbines from 50 to 6,000 turbines which now produced 6% of the total used energy. Wind power energy has many advantages as it is a free energy source and so does not need any further energy or produces any waste that would affect the environment. Another advantage would also be that it takes much less space than an...
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...Oil Alternatives Examine the changing importance of three energy alternatives to oil [20 Marks] 1200 words. Correct citations. Oil has been an important resource for humanity for centuries. It is easily accessible and efficient and over time has been extremely versatile in its uses. Today oil is used for fueling cars, cooking food, cosmetics, lubricants, paintings, organic chemistry, etc. For a long time oil has been the primary and main provider of energy, but due to increasing environmental effects, scarcity, and global inflation, it seems as if it will not last much longer. This essay will highlight the growing importance of three alternatives of oil that may rise to prominence in the future: algae biofuel, nuclear energy, and hydroelectric power. The first alternative that will be discussed is algae biofuel. In essence algae biofuels are the same as normal fuels except that the components of the fuel are organic and biological rather than fossil fuel based. Production is caused through a series of chemical reactions and is nontoxic and renewable. Algae sources can be re-replaced through more farming. The standard production method consists of planting lots of algae pods and letting them interact with the sun and bacteria to create oil. (Howstuffworks) Although this method releases a lot of CO2 it is all taken back again through growing more algae. This is of the many advantages of algae biofuel. Firstly its production yield far surpasses that of other variations...
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...Marketing Principles HND in business management NAME:KABITA MAHARJAN ID NUMBER:859549 ASSIGNMENT:1St Submitted to : Zara Bhokhari Date of submission :31st march Contents 1.o Introduction......................................................................................................................3 1.1Definitions...................................................................................................................3 2.o Background of BP.............................................................................................3 2. 1Marketing orientation ….................................................................................3&4 2.2Advantages disadvantages.....................................................................................4 3.o Marketing processing................................................................................................4&5 4.o PESTLE …...........................................................................................................5&6 5.o SWOT …..............................................................................................................6&7 6.o Segmentation..............................................................................................................7&8 6.1 Targeting.......................................................................................................... 6.2Positioning...
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...Introduction of Organization: Assignment is based on two Firms that is BP and Shell. To analyses the strategic business units (SBUs) of BP Solar and Shell Renewables within the alternative energy industry, which are part of British Petroleum (BP) and Royal/Dutch Shell Group (Shell), the world's second and third largest energy companies? Environmental analysis highlights the increasing volatility of the global energy market, which is driven by factors including demographics, urbanisation, income levels, market liberalisation and demand. What Does Macro Environment Mean? The conditions that exist in the economy as a whole, rather than in a particular sector or region. In general, the macro environment will include trends in gross domestic product (GDP), inflation, employment, spending, and monetary and fiscal policy. The macro environment is closely linked to the general business cycle, as opposed to the performance of an individual business sector. (www.investopedia.com ) Major external and uncontrollable factors that influence an organization's decision making, and affect its performance and strategies. These factors include the economic, demographics, legal, political, and social conditions, technological changes, and natural forces. Factors that influence a company's or product's development but that are outside of the company's control. For example, the macro environment could include competitors, changes in interest rates, changes in cultural tastes, or government...
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...Abstract This paper explores four published articles, six books and three web sites that report on results from research about three generations of people over the span of approximately fifty years. The articles and books suggest that there is a strong connection between generations in relation to their experiences, worldviews and beliefs. The information gathered for this research paper is consistent across sources. The paper examines how much each generation influenced the other as its members traveled through their life cycle. Researchers have determined that every generation has a specific characteristic that distinguishes it from the other. In short, the overall effect one generation has on the other depends on circumstances that existed during that period. We will examine generations referred to as Baby boomers, Generation X and Millennials and how their history helped to shape the world today. It is clear that these three generations are distinct in terms of their experiences, worldviews and beliefs. However, it is also evident that history shaped the development of each group, allowing the generation that followed to benefit from earlier periods in history, creating pockets of similarities across the decades. Experiences in their lifetimes The Baby Boomer Generation is the name given to persons born between “1947 and 1966” and was seen as the last generation that effected any great changes on American society. This generation was distinguishable...
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... Such marketing techniques will be explained as a direct result of movement inthe minds of the consumer market. As a result of thisbusinesses have increased their rate of targeting consumerswho are concerned about the environment. These sameconsumers through their concern are interested in integrating environmental issues into their purchasing decisions throughtheir incorporation into the process and content of themarketing strategy for whatever product may be required.This paper discusses how businesses have increased their rate of targeting green consumers, those who are concerned about the environment and allow it to affect their purchasing decisions. The paper identifies the three particular segmentsof green consumers and explores the challenges and opportunities businesses have with green marketing. The paper also examines the present trends of green marketing in India and describes the reason why companies are adopting it and future of green marketing and concludes that greenmarketing is something that will continuously grow in both practice and demand. Key Words: - Green Product, Recyclable, Environmentally safe, Eco Friendly. INTRODUCTION According to the American Marketing Association, greenmarketing is the marketing of products that are...
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...email: jsterman@mit.edu. Copyright © John D. Sterman, 1988, 1991. All rights reserved. This paper is reprinted from Sterman, J. D. (1991). A Skeptic's Guide to Computer Models. In Barney, G. O. et al. (eds.), Managing a Nation: The Microcomputer Software Catalog. Boulder, CO: Westview Press, 209-229. An earlier version of this paper also appeared in Foresight and National Decisions: The Horseman and the Bureaucrat (Grant 1988). A S KEPTIC'S GUIDE TO COMPUTER MODELS 2 The Inevitability of Using Models........................................................................3 Mental and Computer Models..............................................................................2 The Importance of Purpose..................................................................................3 Two Kinds of Models: Optimization Versus Simulation and Econometrics.......4 Optimization.............................................................................................4 Limitations of Optimization..........................................................5 When To Use Optimization..........................................................8 Simulation................................................................................................9 Limitations of Simulation.............................................................11 Econometrics.........................................................................................
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...10 Benefits of Effective Human Resource Planning 10 Part 3: Scanning the Organization’s External Environment 11 PART IV: Employer of Choice: Attracting and Retaining Top Talent 12 References 15 Introduction The purpose of this report is to describe and develop a recruitment and selection plan for the Human Resource Department at Nexen. In this report we will examine the organization regarding their culture and the “Nexen way” to their operations and strategies. By doing this, we will be able to research the needs of recruitment and accurately write a job analysis and further a proper job description of a vacancy Staff Advisory- Compensation at Nexen. However, with doing this we will need to identify the costs for the company and understand all legal issues that may arise and follow all means of legislation. Company Overview Nexen is a globally known oil and gas company, based out of Calgary, Alberta, Canada. Nexen has production in “UK North Sea, the US Gulf of Mexico, western Canada (including unconventional natural gas resource plays such as coaled methane and shale gas, and the Athabasca oil sands of Alberta), Yemen, offshore West Africa, and Colombia” (Nexen Inc., 2012). Nexen is known for their innovation and use of technology that allows them to responsibly and profitably develop resources in rural areas of the world. They have a company that has been built with extreme talent...
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...ble Sustainable Business Management MNG10253 Business Analysis Bimdadgen Nursery Submitted Friday 25th October By Jason Sleeman Student Number: 21348891 Contents Page 1. Introduction 3 2. Scope of Analysis 4 3. Background 5 4. Water Management 6 4.1 Recommendations 6 5. Pollution/ Waste Management 8 5.1 Recommendations 8 6. Energy Management 10 6.1 Recommendations 10 7. Land Management 11 7.1 Recommendations 11 8. Transport Management 12 8.1 Recommendations 12 9. Sustainable Accounting System 14 9.1 Recommendations 14 9.1.1 Environmental Performance Indicators 14 9.1.2 Social Performance Indicators 14 9.1.3 Economic Performance Indicators 15 10. Social Aspects 16 10.1 Recommendations 16 11. Future Sustainability Outlook 18 11.1 Sustainable Image 18 11.2 Short-term Recommendations 18 11.3 Long-term Recommendations 20 12. Conclusion 22 13. Resources 23 1. Introduction: This document will attempt to apply the 4 principles of natural capitalism in an effort to transform Bimdagen Nursery into a sustainable organisation. It is also recognised that many of the recommendations made relate to environmental conservation in that they require further processing and are not totally sustainable and renewable. Sustainability encompasses maintaining a...
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...Industry Analysis Oil Company Table of Contents I. Introduction and Background 3 II. Dominant Economic Characteristics 4 Market Size 4 Scope of Competitive Rivalry 5 Market Growth Rate 5 Numbers of Companies in the Industry 6 Customers 7 Degree of Vertical Integration 8 Easy of Entry/Exit 9 Technology/Innovation 9 Product Characteristics 10 Scale Economies 10 Experience Curve Effects 11 Capacity Utilization 11 Industry Profitability 11 III. Six Forces of Competition 11 Force 1: Buyer Bargaining Power 12 Force 2: The Threat of Substitutes 12 Force 3: Supplier Power 12 Force 4: Rivalry among Existing Firms 12 Force 5: The Threat of Entry 13 Force 6: Relative Power of Other Stakeholders 13 IV. Competitive Position of Major Companies and Competitor Analysis 14 Royal Dutch Shell 15 ExxonMobil 17 British Petroleum 19 Chevron 20 Total 22 ConocoPhillips 24 V. Key Success Factors 26 Oil Demand 26 Prices 26 Technological Advancements 27 Maintaining Partnerships 27 Industry Matrix 28 VI. Industry Prospects and Overall Attractiveness 28 Trends 28 Potential Threats 29 VII. Conclusion 29 References 31 I. Introduction and Background What is crude oil? Crude oil is a dark, sticky liquid which, scientifically speaking, is classified as a hydrocarbon. This means crude oil is a compound containing carbon and hydrogen, with or without non metallic elements such as oxygen and sulfur...
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....8 V. Cross-cultural Issues………………………..10 VI. International Business……………………11 VII. Human Resources Issues………………..12 VIII. Gulf of Mexico Oil spill…………………..16 IX. Conclusion……………………………………..18 X. Appendix ..………………………………………..20 1 BP Business Research Report I. Corporate profile BP, a public limited company in the industry of oil, natural gas and alternative fuels, runs its business in the exploration, production, refining, trading and distribution of energy. The products are mainly BP petroleum and derived products serving an area worldwide. BP was founded in 1909 as the Anglo-Persian Oil Company and renamed as British Petroleum Company in 1954. A merger of British Petroleum and Amoco in 1998 modeled the greatest petroleum company all over the world---BP. Headquartered in London, UK, BP launched its new green, white and yellow logo in 2000 which is designed to show the company's commitment to the environment and solar power. Bob Dudley performs BP’s CEO since Oct. 2010 and Carl -Henric Svanberg is chairman of the group. BP’s vision “A force for good” underlines all its activities worldwide. All BP’s 79,700 employees live under its corporate culture Slogan—Different people, common goals. BP ranked 4th in Fortune Global 500 in the year 2010, even with great draw back on its income from the Mexico Gulf Oil Spill which took place in April, 2010. Two of its main competitors, Royal Dutch Shell plc. and Exxon Mobil plc. ranked 2nd and 3rd, respectively...
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...A History of Enron Enron is an energy company based in Houston, Texas that deals with the energy trade on an international and domestic basis. It was formed in 1985 when Houston Natural Gas merged with InterNorth. After several years of international and domestic expansion involving complicated deals and contracts, Enron was billions of dollars into debt. All of this debt was concealed from shareholders through partnerships with other companies, fraudulent accounting, and illegal loans. Enron was created by a merge between Houston Natural Gas and Internorth. Houston's Natural Gas's CEO Kenneth Lay headed the merger of the two companies. Kenneth Lay became the CEO of Enron. Enron was originally solely involved with the distribution and transmission of electricity and gas in the United States. In the merger, Enron incurred a large amount of debt, and as a result of deregulation, no longer had exclusive rights to its pipelines. The company had to find a way to generate profits and cash flow. Kenneth Lay hired Jeffrey Skilling to work for Enron as an accountant. Skilling suggested the practice of buying gas from a network of suppliers and selling it to consumers at a fixed price with a contract. Enron was interested in the expansion, building, and operation of pipelines, power plants, and other infrastructure worldwide. After just a year of operation Enron merged with a company called Spectrum Seven, a company whose chairman and CEO is the former president of the United States...
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...are out to gather wealth, rather than for business strategy, innovation and style of administration. But yet china has one of the most effective business management approach in the 21st century. The Chinese administration cannot be like the Japanese six sigma or invent new management technique, but offers more skills of business management than companies more occidental could offer. The Chinese businesses offer administration's common imperatives: responsiveness, improvisation and flexibility. These competencies supplies them a critical facet. The Chinese Companies have discovered to handle differently over the past 30 years considering they have to work in a fast paced surroundings. Because of the fast changing business world most of company is still to adjust to the changing business system, whereas the companies have to. These factors outlines the key factors that increase Chinese commitment in Africa. They see it like an opportunity to charge to a new markets and well when a technique influenced via...
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...OIL COMPANY CRISIS Managing Structure, Profitability, and Growth Nick Antill and Robert Arnott Oil Company Crisis Managing structure, profitability and growth NICK ANTILL and ROBERT ARNOTT SP 15 Oxford Institute for Energy Studies 2002 The contents of this paper are the authors’ sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its Members. Copyright © 2003 Oxford Institute for Energy Studies (Registered Charity, No. 286084) All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior permission of the Oxford Institute for Energy Studies. This publication is sold subject to the condition that it shall not, by way of trade or otherwise, be lent, resold, hired out, or otherwise circulated without the publisher’s consent in any form of binding or cover other than that in which it is published and without similar conditions including this condition being imposed on the subsequent purchaser. ISBN 1-901795-27-6 Cover designed by Clare Hofmann Typeset by Philip Armstrong, Sheffield Printed by Biddles, Guildford CONTENTS List of Figures Acknowledgements 1 2 INTRODUCTION INDUSTRY STRUCTURE 2.1 An Examination of Corporate Structure 2.2 The Urge to Integrate 2.3 A Question of Balance 2.4 Just how Operationally Integrated? 2.5 Are there...
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...sector to be rated by the interviewee were identified from the literature. Based on the information and discussions mentioned a matrix of various policy factors has been prepared. All initiatives factors have been rated on the scale of 1 to 5. Results of the study depicts that IT and Auto industry is more going for taking up CSR initiatives while FMCG sector has focused yet not too much into the social responsibility initiatives. Although India has entered or taken a transformational change by involving into new CSR initiatives, but still a lot has to be done in this area. Key words: Globalization Liberalization Policy-framing Structured INTRODUCTION In today’s changing world nothing is perpetual but from past many years or from the business industries origin word social responsibility is fixed despite of its changing names. The concept of social upliftment of society is into the existence either in the form of...
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