serve a role in Corporations? NorthCentral University Abstract When you turn on the television, surf the internet or browse the Wall Street Journal the terms – business ethics and social responsibility are discussed. Recently, the Gulf coast oil spill has questioned the social responsibility of British Petroleum. However, can the terms business ethics and social responsibility apply to corporations? A review of two articles - “What is business ethics?” by P. Drucker and “The social responsibility
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With reference to the definition of a MNC, British Petroleum (BP) is undoubtedly a MNC as it undergoes its business ventures throughout the entire world and in countries such as China, Australia, Canada and Mexico. A key aspect of MNC’s is to multi nationalize every aspect of your organisation when aiming to expand internationally, BP are successful in ensuring that every branch of BP around the world has the common sustainable goals. BP has a direct correlation in Foreign Direct Investment (FDI).
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University August 11, 2011 Marathon is an integrated international energy company engaged in exploration and production; oil sand mining; integrated gas; and refining, marketing, and transportation operation. Marathon is among the top five crude oil refineries in the United States, so surely there is a way to reduce the time involved in the production process. The major crude oil refineries in the United States are located in the hurricane region of the gulf coast. One possible option that Marathon
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gains he will always give what he gets for the community. This kind of thinking can actually get many people on your side and can even grow your business because people always want to give for thinks like cure for cancer and the people in Africa. 2. BP
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that it will free America from depending on foreign oil and add more jobs. “According to some estimates, the world will run out of coal sometime in the twenty-third or twenty-fourth century. These same estimates predict that the world will run out of natural gas and oil during the twenty-first century”. (GALE|EJ3010573101) I have not given too much thought about renewable energy. I will have no choice but to purchase what is available. If oil will not be available for whatever reason, then I will
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Annual Review 2009 06 Our performance 08 Our market 10 Our strategy bp.com/annualreview Operating at the energy frontiers How a revitalized BP is driving efficiency, momentum and growth Meeting the energy demands of today and tomorrow Oil Natural gas Wind Solar Biofuels Efficiency BP Annual Review 2009 Reconciliation of profit for the year to replacement cost profit The Annual Review for the year ended 31 December 2009 includes the summary financial
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prevent spills, and protect the environmentally sensitive areas. After the BP deepwater horizon explosion in 2011, Shell has been researching what they can do to make sure that this doesn’t happen again. After this spill happened Shell had worries about how their deep water drilling could be affected by this explosion. This explosion had caused Shell to lose between 40,000 and 80,000 gallons of oil. Along with this it made Shell look bad in the gas and oil industry by the loss of all the oil and the
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University August 11, 2011 Marathon is an integrated international energy company engaged in exploration and production; oil sand mining; integrated gas; and refining, marketing, and transportation operation. Marathon is among the top five crude oil refineries in the United States, so surely there is a way to reduce the time involved in the production process. The major crude oil refineries in the United States are located in the hurricane region of the gulf coast. One possible option that Marathon
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1/29/2012 Tracie Comer Off shore drilling Our country has been getting foreign oil from other countries for as long as I can remember. The U.S relies so much upon Canada, Saudi Arabia, Nigeria, Venezuela and Mexico for our sources of Net Crude Oil and Petroleum Product Imports. My personal belief is that we should not continue off shore drilling. I think it’s time the U.S doesn’t rely on other countries for our oil. Off shore drilling is a bad idea because it’s the worst impacts of global warming;
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Development of oil Oil has developed over millions of years. According to the biogenetic theory oil was earned through the dead sea-organisms that sank on the seabed and were covered by sediments. Through the sinking sediments these organic materials were put out to high pressure and high temperature. Under these conditions they converted themselves into “Kerogen”. The well-distributed “Kerogen” is moving upwards because it is lighter than water and is edged out by this. With the moving ("migration"
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