The Bp Deepwater Horizon Disaster - 1006 Words

Compliance and Regulation To maintain expected business practices, governments enact regulations through legislation as a means of ensuring that businesses operate within expected guidelines. Some regulations are proactive, such as Bill 198 (Better known as CSOX, the Canadian version of the Sarbanes and Oxley Act) which places additional expectations on the reporting and auditing of company financials (PriceWaterhouseCoopers, 2004). Other regulations are reactive; such as bill C45 that passed after the Westray mine disaster took the lives of 26 workers. This regulation looks to hold company executives personally liable for ignoring safety protocols and conducting behavior with criminal intent in the workplace (Canadian Center for Occupational Health and Safety, 2014). Regardless of their founding, regulations can impose stiff penalties upon companies that choose not to place focus on implementing the necessary controls in place to ensure compliance to them. The BP Deepwater Horizon Disaster On April 20, 2010, the British Petroleum (BP) leased Deepwater Horizon drilling rig took an unexpected kick of gas pressure from an oil well in the Gulf of Mexico. The release ignited, and through the failure of the blowout preventers progressed into a firestorm. The fire consumed the drilling rig platform, sinking it, causing 11 casualties, and the subsequent release of 4.9 million barrels of oil into in the gulf before the release contained (British Petroleum). The incident isShow MoreRelatedDeepwater Horizon Oil Spill: the Bp Disaster2305 Words   |  10 PagesAP Environmental Science Deepwater Horizon Oil Spill: The BP Disaster The Deepwater Horizon oil spill in the Gulf of Mexico was one of the most infamous industrial environmental disasters ever. On April 20, 2010, a marine oil-drilling dig called the Deepwater Horizon exploded, releasing hundreds of millions of gallons of oil into the Gulf of Mexico. This explosion resulted in the loss of human life, massive environmental damage, and widespread damage to the livelihood of people living along theRead MoreBp s Improve Sustainability And Its Reputation For The Deepwater Horizon Disaster1620 Words   |  7 Pagesgentleman by the name of William D’Arcy is the founder of the world famous gas station BP. D’Arcy had a thrill over oil and decided to invest all of his savings in the quest for oil in the Middle East. Experts and scientists helped encourage D’Arcy to pursue the venture. But years started to pass and funds starting to run low, William was starting to feel as if this was the wrong investment. Throughout the years BP has gone t hrough a plethora of ups and downs. From bankruptcy, to not being able to transportRead MoreBusiness Ethics. Bp Oil Disaster – â€Å"Deepwater Horizon Oil1214 Words   |  5 PagesBusiness Ethics BP Oil Disaster – â€Å"Deepwater Horizon Oil Spill† Thelma P. Eldridge Business Law – BUS 2301.88 Spring 2017 April 25, 2017 In today’s business world, businesses are subject to the laws of the country in which their company was organized and operates. Business owners are to conduct themselves and their affairs ethically and owe some degree of social responsibility for their actions. Ethics, although not law, is a set of moral principles or values that govern the conductRead MoreThe Issue Facing Bp Pre Oil Spill1074 Words   |  5 PagesIntroduction On Tuesday, April 20, 2010 the Deepwater Horizon rig burned for 36 hours, combusting 700,00 gallons of oil leaving a trail of smoke over 30 miles long and spilling 53,000-62,000 barrels of oil into the Gulf per day from April 20 and July 15. As of 2010, the Deepwater Horizon disaster was the largest marine oil spill ever to occur in U.S. water. Oil was found on the shores of all five Gulf States and many birds, fish, and reptiles perished due to the oil spill (Ingersoll, 2011, p. 1-2;Read MoreWhen Disaster Strikes : Bp s Risk Management Failure Essay1330 Words   |  6 PagesWhen Disaster Strikes: BP’s Risk Management Failure Risk is a concept that many organizations deal with on an everyday basis. In fact, risk is an integral facet of operating an organization. Risk has negative connotations, but that is a misnomer, because many organizations make use of it for positive gain. One way of looking at risk is that it is what an organization lays on the line so that they can gain something in return. Risk is not inherently bad; it is how an organization manages it thatRead MoreThe Spill Of The Deepwater Horizon1188 Words   |  5 Pagesthe Deepwater Horizon experienced an explosive blowout on a rig located in the Gulf of Mexico. The explosion was about 40 miles of the Louisiana coast. With the flow of gas leaking out, it caused the death of eleven workers on the rig. About two days later the rig sank, which caused quite a lot of damage to a pipeline that laid drawn-out through 5,000 feet of water. As a result, the oil begin pouring from the damaged pipes into the ocean nearby, at the incredible rate. Th e Deepwater Horizon was builtRead MoreThe Deepwater Horizon Disaster Analysis927 Words   |  4 PagesThe Deepwater horizon disaster portrays the weaknesses in the current drilling technology, management and design procedures. The outcome of the disaster shows high level of unawareness and unpreparedness, in the drilling companies. In this section, the report proposes various steps, which shall not only prepare the team, but also offer a guideline towards the response, in the case a similar disaster in the future. The proposed solutions include high-tech exploration, categorization of the disastersRead MoreThe Planning Function at BP1307 Words   |  5 Pagesconsists of a number of different steps, including situational analysis, alternative goals and plans, goal and plan evaluation, goal and plan selection, implementation and monitoring/control. The situation at BP is that the company is working to shake off the effects of the Deepwater Horizon disaster. While that issue remains in litigation, the company is continuing onward with its operations, building out its revenues and exploration capacity. The company has remained consistently profitable (MSN MoneyCentralRead MoreBP ´s Deepwater Horizon Oil Spill of 2010 Essay1401 Words   |  6 PagesIntroduction The purpose of this paper is to examine one of the largest offshore oil spills in U.S. history, BP’s Deepwater Horizon explosion in 2010. This paper seeks to investigate closely the system and the reasons of failure, to answer the questions behind numerous studies on this accident, Is Deepwater Horizon explosion inevitable? and What can we do to avoid such accidents? Within the scope of Perrow’s normal accident theory, this paper aims to draw conclusions to the above questions andRead MoreThe Deepwater Horizon Oil Spill2022 Words   |  9 PagesDeepwater Horizon Oil Spill The Context Before the occurrence of the Deepwater Horizon event, BP had already been labelled as having a horrible safety record. A 2009 report by the United States Department of Labour Occupational Safety and Health Administration (Todd Petterson , 2009), indicated that BP had 270 existing fines of a ‘failure to abate’ and 439 ‘wilful violations’ of various safety protocols. At the time of the disaster the regulators of the oil industry in the United States was the

The Weimar Republic Was Little More Than A Loose...

The counties of Germany were largely independent due to the fact they had only been unified for roughly forty-five years. Therefore, the Weimar Republic was little more than a loose confederation of counties originally united under a strong authoritarian government. Due to this the benefits bestowed upon each veteran varied depending on the place they called home. Munich and Wurttemberg had systems where benefits would be coordinated through a central provincial government. Bavaria’s system was the most centralized and uniformed, therefore, one of the most efficient at dispersing benefits. However, many of the other counties in Germany parlayed the responsibility to the state approved welfare associations. (page 66) Many argued for the imperial government and later the republic to create a federal system to care for the disabled veterans. However, the state refused and instead pushed for charities such as Home Front to do more. Germany believed by empowering Home Front they w ere empowering the people to care for veterans and lessening the burdened placed on the state. The state hoped to spread the burden across many people to ensure no one entity crumbled under the pressure. (page 67) In July of 1919, the war had finally ended and the largest parade London had ever been privy to was underway. The Peace Procession included more than four hundred thousand servicemen, including the medical corps and the military policeman. The citizens of London were ecstatic and beganShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesany of the customary measures we deploy to demarcate historical epochs, the twentieth century does not appear to be a very coherent unit. The beginnings and ends of what we choose to call centuries are almost invariably years of little significance. But there is little agreement over when the twentieth century c.e. arrived, and there were several points both before the year 2000 (the collapse of the Soviet Union, the reunification of Germany, the surge of globalization from the mid-1990s) and

Journal Of Communications And Networking -Myassignmenthelp.Com

Question: Discuss About The Journal Of Communications And Networking? Answer: Introduction In todays globalized world, the significant increase in tourism is gaining the attention of many small and medium scale business leaders to invest in businesses where they are going to book airlines tickets online for the passengers on commission basis. The recent boom in the tourism industry is gaining the attraction of the business leaders and they are venturing in this field. This paper shows a proper plan to start a business regarding air ticket booking on commission basis. Online ticketers is such a business organization. Background market pull The recent boom in the tourism industry has increased the business of airlines companies as the increased socio-economic conditions of many developed countries made that possible. This scenario allows the small and medium scale business leaders to get interested to join the business of airlines ticket booking on commission basis. The market pull for this business is immense as there are many individuals who do not have enough time to book tickets and there are some travel agencies who give bulk orders to these companies. On the other hand, some of the airlines companies are restraining the organizations to book tickets in a bulk size as they want the customers to directly book tickets to eradicate the trend of commissions from their trade. Stage framework The six step framework for the market pull includes knowledge, comprehension, analysis, application, synthesis and lastly taking actions. In this section of this report gives a vrief idea of these steps of this framework of market pull. To solve every problem having a clear vision is required to show the right way. Thus knowledge on the relevant field is a very important factor for the market pull. After identifying the problem the next step will be to achieve an accurate understanding of the various resources needed to solve the issues by linking the resources with the information. After associating the resources with the information, analyzing the situation by going through the information to identify the exact situation, the weaknesses and the strengths of the business organization; not only that, it identifies the possible solutions to fight the existing oddities. After that in the framework a synthesis is performed where a decision is taken to solve the existing issue and it discloses t routes to follow in order to solve the issue. After a proper synthesis of the problem, the next and the final step is to take necessary actions to solve the issue that exist in the market. Identification of the problem The main problem in this situation is that various airlines companies are amending their company policies and stating that no organization or individual can buy more than 3 to 5 air-tickets. They are taking these actions to eliminate the trend of commission from their trade and in this way they can maximize their profitability. This is the major problem that an organization who books ticket for the individuals are facing nowadays. Definition of the problem In this context it can be said that the airlines companies wish to monopolize the ticket booking sector is the major problem. Proposed solution Only if the small and mid level business leaders who are operating in the online ticket booking business can convince the management of the airlines companies to amend their company policies, the problem will get solved. Otherwise there are no other permanent solutions of issues of this sort. Technology push The business of online booking of air tickets for the customers do not require any superior technologies, or it dies not requires to device a unique technology. In this regard, it can be said that the managements of such organizations can stress on the customer relationship tools to increase the customer base as that can give a boost to the profitability of the organization. Thus it can be said that that improving the customer relation is the only tool that the business organization can utilize to enhance their productivity along with the profitability. In this section a brief of the business idea and the journey of the customers are provided to give a general idea of the situation. The management of the business organization intends to help in online airlines ticket booking and their target customers are the individuals who frequently travel and due to busy schedule, booing tickets are hazardous job for them (Bezirgiannidis, Caini and Tsaoussidis 2016). Apart from them another target customer of the organization is the travel and tourism companies. These organizations give huge orders for ticketing to the company and they are the major customers of the organization. Trends and statistics The trends of this online ticketing business are going somehow downwards due to amendments of the company policies by the majorly influential airlines companies. In a press meet, directors of two significant airlines organization stated that they intend to restrain the operations of some organizations those take commissions and book air tickets for individuals and take a certain amount as commission (Son and Buyya 2016). In order to maximize the profitability, the airlines companies are going for tools like discounts in online ticketing and amended the policy stating that from a particular account, an individual can only book a few air tickets. These policies are ruining the businesses of the organizations like Online Ticketers. It has been noticed that after amendments of the company policies by two major airlines organizations, the profitability percentage of organizations like Online Ticketers got lowered by a massive 23% within a single financial year, making the situation concer ning. Target customers The target customers of Online Ticketers are the professionals who have to travel frequently for the purpose of their job and they do not have enough time to invest for ticketing purposes. Hence these individuals come to the organizations like Onlinne Ticketers and ask them to book the tickets on a commission basis. Apart from them, the major clients of these organizations ae the big travel and tourism companies, they give bulk orders of ticketing to the companies like Online Tiketers. Potential rivals For the last couple of years there has been an immense increase in the formation of several companies in the field where Online Ticketers operate. This is bringing in immense rivalry in the market where Online Ticketers had a monopoly. The management of Online Ticketers have devised a unique idea and that was getting collaboration with a reputed travel and tourism company. From the collaboration, the management of Online Ticketers have noticed significant boost in their profitability. Probable business models The mission of the management of Online Ticketers is to establish the company within coming couple of years in the market of UAE and eventually to expand the business in the market of Europe in coming five years. The management of the organization wants to attain a profit of 1 million pounds annually in two to three years time. After considering Booking in an appropriate manner is mandatory and if incase the booking limit is low, Online Ticketers do not sell tickets to overbook an airbus and on the other hand when the booking limit is on the higher end, the organization can sell tickets in a discounted price. The business organization charges 13% on the total amount as cancelation fee and for no show passengers (Bezirgiannidis, Caini and Tsaoussidis 2016). These are the areas where the organization needs to work on as in these cases the organization has to bear a huge amount. Apart from that the business idea is profitable as a regular commission is earned by each booking. At times, when the management of the organization allows overbooking it generally generates 1 to 2 % higher revenues (Sierag et al. 2015). Operating business model Online Ticketers will have a definite structure in the workforce where a unit will be deployed for the marketing. That unit will let the people know about the existence of the organization and the general workers along with the technical employees will take care of the operational part. Application of Teeces model According to Teeces model there are two types of companies, one is innovator and the other type I imitator. In this case, in the market of UAE, Online Ticketers are the innovator organization as they are the first organization whoa re solely dedicated to Online ticket booking and overbooking management business. The management of Online Ticketers has divided the workforce in a manner so that the there are dedicated workers in each segment of the business process. They have recruited technical employees who take care of the ticket booking, overbooking management and important factors. On the other hand, there are employees who take care of the marketing works. There are some employees from the finance background who takes care of the financial department. Experience gap As the organization is relatively new and wants to build a good reputation, thus the management of the organization did not take any risks and they have recruited the experienced people in the technical department to ensure that the clients do not have to face any issues. potential partners The organization has been established recently and thus there are no immediate needs for partnership. The management of the organization initially should start marketing campaigning to let people know about their business idea and their existence. Then they should lower their initial profitability to give people service at a lower price to acquire the trust of the target customers. This should be the immediate steps for the business organization in order to become successful. Conclusion Thus to conclude it can be said that the business model of Online Ticketers are unique in the market of UAE and they can make the most of the tourism market. As the management has collaborated with some big tourism companies to generate revenues and thus they have a strong model of generating revenue. References Saito, T., Takahashi, A., Koide, N. and Ichifuji, Y., 2017.Optimal overbooking strategy in online hotel booking systems(No. CARF-F-421). Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo. Bezirgiannidis, N., Caini, C. and Tsaoussidis, V., 2016. Analysis of contact graph routing enhancements for DTN space communications.International Journal of Satellite Communications and Networking,34(5), pp.695-709. Sierag, D.D., Koole, G.M., van der Mei, R.D., Van der Rest, J.I. and Zwart, B., 2015. Revenue management under customer choice behaviour with cancellations and overbooking.European Journal of Operational Research,246(1), pp.170-185. Belobaba, P., Odoni, A. and Barnhart, C. eds., 2015.The global airline industry. John Wiley Sons. Crespo-Almendros, E. and Del Barrio-Garca, S., 2016. Online airline ticket purchasing: Influence of online sales promotion type and Internet experience.Journal of Air Transport Management,53, pp.23-34. Lin, H.F. and Huang, Y.W., 2015. Using analytic network process to measure the determinants of low cost carriers purchase intentions: A comparison of potential and current customers.Journal of Air Transport Management,49, pp.9-16. Mumbower, S., Garrow, L.A. and Higgins, M.J., 2014. Estimating flight-level price elasticities using online airline data: A first step toward integrating pricing, demand, and revenue optimization.Transportation Research Part A: Policy and Practice,66, pp.196-212. Park, S., Fesenmaier, D.R. and Zach, F., 2016. Online purchase of travel products. Son, J. and Buyya, R., 2016, July. SLA-aware and Energy-efficient Dynamic Overbooking in SDN-Enabled Cloud Data Centers. In

The Intentional Death Of Francis Macomber Essays -

The Intentional Death of Francis Macomber Ernest Hemingway has created a masterpiece of mystery in his story "The Short Happy Life of Francis Macomber". The mystery does not reveal itself to the reader until the end of the story, yet it leaves a lot to the imagination. At the end of the story Margaret Macomber kills her husband by accident, in order to save him from being mauled by a large Buffalo while on a safari in Africa. The mystery is whether or not this killing was truly accidental, or intentional. If it was to be considered intentional, there would certainly have to be evidence in the story suggesting such, with a clear motive as well. What makes this mystery unique is that Hemingway gives the reader numerous instances that would lead the reader to devise an acceptable motive, yet human nature tells the reader that this killing could not have been intentional. From a purely objective analysis of the story, the reader would see far more evidence supporting the theory of an intentional killing rather than an accidental one. The clues supporting the idea that Margaret killed Francis intentionally can best be seen when observing and studying the background information on both Francis Macomber, and Margaret herself. (Hemingway 1402). What is also important is that Margot and Francis have very different personalities. This is clearly seen when the narrator states, (Hemingway 1402). With this small amount of background information, the true motive for an intentional killing can be found. This can clearly be seen in the conversation of Francis Macomber after killing the buffalo when he states, (Hemingway 1408. "(Hemingway 1409). Robert Wilson, the guide on the hunt, gives the reader an outside perspective into this complex and troubled relationship. In response to the quote above Hemingway 1409). Robert Wilson seems to be right in his descriptions of the couple, and their relationship throughout the story. If this is true, and none of his presumptions about the couple are false, then he gains more credibility towards the end of the story. It is at this point that he becomes the advocate of Margot actions, despite the fact that they were intentional. It is Wilson that gives the reader the best description of the relationship between Francis and his wife. It is his insight into Margot, however, that is the most detailed, and which seems to suggest that she might be capable of such an act. From this astute analysis of the two, Wilson shows the reader several very important things. One is the fact, although somewhat machiavellian, that over her husband. Another observation that I somewhat important is the This is the cruelty that Wilson observes in the passage above.This, as she would soon see, was not the case. One of the most important passages in the story occurs in the moments just before Francis and Robert Wilson go into the bush after the buffalo. After Margot fires the fatal shot, further evidence is given by Robert Wilson that supports the assertion that the killing was intentional Hemingway 1411). Wilson, who seems to be accurate in his assessment of the relationship, seems a credible witness to the killing and due to these facts, his opinion as to the motive of the killing is credible to the reader as well.. story. From all of the evidence given in the story, and from an objective analysis of the conversation and narration, it is safe to makethe assumption that the killings were indeed intentional. There is simply not enough tangible evidence given in the conversation or narration that would suggest otherwise assertion. A Character Analysis of Francis Macomber From Hemingway's "The Short Happy Life of Francis Macomber" In Hemingway's The Short Happy Life of Francis Macomber, the author demonstrates his undeniable ability to bring characters to life by introducing the reader in great detail to the main character, Francis Macomber, through varying literary mechanisms. The reader learns immense detail about Francis, as well as the other two primary characters, Margaret and Mr.Wilson, through creative description that includes each character's thoughts, their actions, and their reactions towards the events of the story. Francis Macomber's interior characteristics and impressions are revealed through such omniscient statements as: In addition, more details are revealed about the character of Francis through the other principal characters and even through the characters who play a very small role in the story (e.g., the gun-bearers). For example, (p 250). By means of a combination of this type of information, Francis Macomber's character is changed due to constant abuse from other characters, an inner struggle with fear and embarrassment, and, eventually, by hatred- a deep hatred for Mr. Wilson and a