...oil and gas industry (Halliburton, 2010). Haliburton employees over 500,000 people in almost 70 countries (Halliburton, 2010). The services offered by the company include the furnishing of production optimization, drilling, fluid services, drilling valuation and oilfield drilling software and counseling (Halliburton, 2010). The company has tested drilling procedures and practices as well as high-tech investigative and modeling software (Halliburton, 2010). Evaluation of Planning Function of Management Planning is one of the four functions of management, which includes organizing, leading and controlling. Planning is to identify where one wants to go a, why he or she chooses to go there, how he or she will get there and what is required to accomplish it. Planning is looking ahead and deciding what future courses of action can be accomplished. This is the beginning step for any company in its business operations. Therefore, it is the same with Halliburton, one of the world’s largest companies. This company is as large that to be as successful as it is, one knows that its planning has to be effective. This company’s management knows that planning for such a large scale and so diversified that it must make sure its systems activity knows when, how and whom is going to carry out the jobs and duties. Halliburton must have a detailed plan for its future actions and is its strength for making all of their expansions. Haliburton has made many mergers and acquisitions over...
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...strong human resources department controls managers and prevents employee abuse. Employee performance reviews and incentives assist in the control of employees. Compliance departments control legal risk and monitor operations to ensure the company follows state and federal rules. Financial budgets and accounting audits control financial risk. Product pricing controls marketing efforts. All the different departments must work together to create a strong and profitable company. The team will identify various control mechanisms in connection with British Protroleum (BP), compare, and contrast, determine the effectiveness, examine positive and negative reactions concerning their use, and provide an explanation about how the four functions of management are affected by them. BP used several control functions in its deep sea exploration process; all implemented to prevent the type of disaster they experienced in April 2010. There were systematic failures at every turn, creating a perfect storm and a devastating deep sea oil spill. The spill itself has been recorded as the largest oil spill to date in American history by the National Oceanic and Atmospheric Administration (Zeller, 2010). According to the same article, the BP spill was nearly triple the volume of that which was experienced in the Exxon Valdez spill 21 years earlier. Several of the control systems that were in place that day were: the cement that was meant to seal the reservoir from the well, the casing system that...
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...System of Inquiry Paper PHL/323 October 4, 2010 Prof. Lorin Loverde System of Inquiry A system of inquiry is a tool that most companies use for decision-making and problem-solving. The system of inquiry helps organizations reach their goals and foresee how to properly deal with upcoming problems and decisions in an ethical manner. Halliburton, for example, is a company whose decisions impact the entire world. Halliburton is forced to make decisions that can impact not only the organization but also society as whole. Protection of health, safety and prevention of pollution to the environment are primary goals of this company. It strives to develop and provide products and services that have no undue environmental impact and are safe in their intended use, efficient in their consumption of energy and natural resources, typically using only materials that can be recycled, reused, or disposed of safely. All employees must conduct their duties and responsibilities in compliance with applicable laws and industry standards relating to health and safety in the workplace to help prevent pollution to the environment (Halliburton, 2010). Halliburton is a world recognized oil company. It is one of the largest providers of oil and gas in the industry with a workforce of around 50,000 employees in more than 70 countries. Halliburton’s code of ethics is “Company policy requires directors, employees and agents to observe high standards of business and personal...
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...Task 1 : introduce your business a. Briefly describe the type of business size and number of employees . Bankstown Lidcombe Hospital is a principal referral group A1B hospital with tertiary affiliations to the University of NSW, University of Sydney and University of Western Sydney providing a wide range of general medical and surgical services and sub-specialty services to a local Bankstown/Canterbury community. It is part of South Western Sydney Local Health District.it has 454 beds and over 1400 emloyes between doctors , nurses , radiolgiest , administration , and other services . b. Laws are put into place to protect everyone - the customer, the employee and the company. You are not expected to be a lawyer, but being aware of the relevant legislations will help your organisation run more smoothly and avoid complications in the future, such as getting tied up in lengthy legal battles for unfair staff dismissal etc. Some of the common legislations applicable to traders include the Consumer Protection Act 1987 and the Consumer Protection from Unfair Trading Regulations 2008. These regulations are put into place to protect the consumers' rights and ensure they receive good quality products or services at all times. Duty of care : The responsibility or the legal obligation of a person or organization to avoid acts or omissions (which can be reasonably foreseen) to be likely to cause harm to others. Accessible parking Bankstown-Lidcombe Hospital has a number...
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...now at the start of what may become the most dramatic change in global order in several centuries... What we are facing isn’t one single shift... as much as an avalanche of ceaseless change... creating unprecedented disruption and dislocation.” Given that a crisis normally occurs without prior warning, it is therefore imperative that certain measures and procedures are put in place that can expedite a cure and thereby reduce the impact so that normality can be restored. For there to be effective crisis management, a robust risk management structure must be instituted within the organisation and must form an integral part of the ongoing corporate governance monitoring framework. A company should learn from previous incidents and incorporate preventative as well as curative measures into any risk assessment. The risk oversight function of the board has gained immense importance in the last few years, mainly due to the collapse of the financial sector in 2008. Today, risk management has become even more critical and challenging. Companies are now confronted with risks that are more complex, interconnected and potentially devastating than ever before. BP’s ostensible lack of consideration for the risks involved in exploration drilling contributed to large-scale disasters which, in turn, highlighted a catalogue of corporate governance failures. The repercussions have been multifold as liabilities in the form of cleanup costs and reimbursements for lost livelihoods continue to mount...
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...building in fun and flexibility.Here are three Alberta companies that embody modern workforce thinking.MICRALYNE INC.A custom electronics components manufacturing firm, Micralyne is one of a mere handful that make microelectromechanical systems (MEMS) used by specialized instrument makers.MEMS components are so tiny that hundreds and hundreds fit on a chip the size of your fingertip. These components move when an electrical force is applied, and trigger an automobile's air bag release, for instance, or direct an overseas telephone call, explains says Jaya Gurjar, marketing and communications.A spinoff from a University of Alberta research facility, Micralyne thrives on new ideas and an open door policy."People are definitely appreciated by management," Gurjar says. "Within the company, there's room to grow."The company as a whole is growing, too, both in its physical plant in the Edmonton Research Park, and in the global marketplace where employees are proud to rank fourth or fifth in the world."We have tons of customers coming through the door and we need more people," Gurjar says.Micralyne boosted its revenues by 50 per cent last year and the 175th employee was hired this month.While a rich benefits program includes medical and dental coverage, a percentage of company profits, RRSP donation matching and every third Friday off, it...
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...pressures affects companies of all sizes. In this chapter, the reader will be introduced to the concepts of international marketing, enabling them to acquire an appreciation of the complexities of marketing on an international basis and of how this activity differs from operating purely in domestic markets. In the following sections we will define international marketing, examine the important trends in the global marketing environment and introduce the reader to the international marketing strategy development and international marketing planning process. LEARNING OBJECTIVES After reading this chapter you should be able to: I I I I Explain and use the SLEPT factors to assess international markets Discuss the differences between export marketing, international and global marketing Understand the criteria required to evaluate a company’s international marketing strategy Appreciate the key steps in the international marketing planning process 3 Copyright 2008 Cengage Learning, Inc. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Licensed to: iChapters User 4 PART 1 ANALYSIS THE STRATEGIC IMPORTANCE OF INTERNATIONAL MARKETING Last year’s international trade in merchandise exceeded US$10.5 trillion and world trade in services is estimated at around...
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...Offshore Employment Handbook The Time-Saving “Getting Started” Guide for Finding Offshore Oil, Gas & Energy Jobs WE STRONGLY RECOMMEND TO SAVE THIS DOCUMENT ONTO YOUR HARD DISC NOW!!! Offshore Employment Kit…2 How to Avoid Offshore Oil Job Scams..................................................................... 5 Living the Offshore Life ......................................................................................... 10 Glossary of oilfield terms ....................................................................................... 12 Frequently asked questions about the offshore industries ........................................ 14 Nature of the oil industry ....................................................................................... 16 working conditions ................................................................................................ 19 Employment .......................................................................................................... 20 Occupations in the Industry.................................................................................... 20 Training and Advancement..................................................................................... 22 Earnings ................................................................................................................ 23 Outlook ......................................................................................................
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...gerry JoHnson KeVan sCHoles rICHard WHIttIngton Fundamentals oF strategy ACCESS CODE INSIDE unlock valuable online learning resources Once opened this pack cannot be returned for a refund Welcome to FUNDAMENTALS OF STRATEGY Strategy is a fascinating subject. It’s about the overall direction of all kinds of organisations, from multinationals to entrepreneurial start-ups, from charities to government agencies, and many more. Strategy raises the big questions about these organisations – how they grow, how they innovate and how they change. As a manager of today or of tomorrow, you will be involved in influencing, implementing or communicating these strategies. Our aim in writing Fundamentals of Strategy is to give you a clear understanding of the fundamental issues and techniques of strategy, and to help you get a great final result in your course. Here’s how you might make the most of the text: ● Focus your time and attention on the fundamental areas of strategy in just 10 carefully selected chapters. Read the illustrations and the case examples to clarify your understanding of how the concepts of strategy translate into an easily recognisable, real-world context. Follow up on the recommended readings at the end of each chapter. They’re specially selected as accessible and valuable sources that will enhance your learning and give you an extra edge in your course work. KEY CONCEPT AUDIO SUMMARY ● ● Also, look out for the Key Concepts and Audio Summary icons...
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...CHEATING Definition Cheating is defined as the intentional act of breaking the rules, or attempting to achieve personal gain through fraud or deceit.16 To cheat is to deprive of something valuable by the use ofdeceit or fraud, to influence or lead by deceit, trick, or artifice, to practice fraud or trickery, to violate rules dishonestly, or to be sexually unfaithful.11 A cheater (sometimes called acheat) gets something by dishonesty or deception; or by depriving one of his or her rights and usually connotes deliberate perversion of the truth; or by large-scale cheating bymisrepresentation or abuse of confidence.11 Cheating is an act of lying, deception, fraud, trickery, imposture, or imposition. Cheating characteristically is employed to create an unfair advantage, usually in one's own interest, and often at the expense of others. Cheating implies the breaking of rules. Cheating is a primordial economic act: getting more for less, often used when referring to marital infidelity.3 Cheating is when a person misleads, deceives, or acts dishonestly on purpose.17 Cheating fundamentally includes several elements of both lying and stealing, with specific motivations to gain something of value by illegitimate means. That is why lying and stealing are discussed before cheating. Cheating is lying and/or stealing with the intention for acquiring something for more than merely the "pleasure" of fooling or depriving others. Children Cheating as a concept is not understood by children...
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...thomas a . meyer How Great companies Get Started in terrible times Innovate! Innovate! How Great Companies Get Started in Terrible Times THOMAS A. MEYER John Wiley & Sons, Inc. Copyright © 2010 by Thomas A. Meyer. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. 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, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax (978) 646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose...
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...Smoke-Free Ontario Strategy Evaluation Report Ontario Tobacco Research Unit November 2012 Smoke-Free Ontario Strategy Evaluation Report Suggested Citation: Ontario Tobacco Research Unit. Smoke-Free Ontario Strategy Evaluation Report. Toronto: Ontario Tobacco Research Unit, Special Report, November 2012. Ontario Tobacco Research Unit ii Smoke-Free Ontario Strategy Evaluation Report Acknowledgements Many people were involved in the preparation of this report. Key authors are Robert Schwartz, Shawn O’Connor, Alexey Babayan, Maritt Kirst, and Jolene Dubray. Marilyn Pope, David Ip, Pamela Kaufman, and Marian Smith provided editorial comments on an earlier draft and Sonja Johnston provided production assistance. The interpretation and opinions expressed in this report are the responsibility of the Principal Investigators of the Ontario Tobacco Research Unit (OTRU): Susan Bondy, University of Toronto K. Stephen Brown, University of Waterloo Joanna Cohen, Johns Hopkins Bloomberg School of Public Health, University of Toronto Roberta Ferrence, University of Toronto, Centre for Addiction and Mental Health John M. Garcia, University of Waterloo Paul McDonald, University of Waterloo Robert Schwartz, University of Toronto, Centre for Addiction and Mental Health Peter Selby, Centre for Addiction and Mental Health, University of Toronto Ontario Tobacco Research Unit iii Smoke-Free Ontario Strategy Evaluation Report Table of Contents Acknowledgements...
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