...Ethics University Name PART A Question 1 The Three Gorges dam project in China is a venture of monumental magnitude. Its impact is global, regional and local. The Hydro Electric Power project when completed can generate over 22 500 MW of electricity. That is a clean source of power as opposed to the traditional coal that emits huge amounts of carbon into the atmosphere. The proponents of the project said it would lead to better health and higher living standards. Excessive carbon in the atmosphere has been the cause of global warming. That implies that the residents, some of whom do not have access to electric power will have it in their homes. Electricity implies greater comfort and leisure such as TV and better studying for the students. The long-term benefit is better academic performance and therefore a better life. The fast-growing Chinese economy is another major beneficiary from the project. It will be able to supply cheap electricity to the industries and so increase their output. The improved capacity enables them to meet the needs of the fast-increasing number of the middle class of the population. Additionally, there is the prestige that comes with the title of the biggest Hydro Electric power project on earth. That would bring tourists to view the wonderful scene of the dam and an artificial lake. The reservoir lake would create an inland water way that got into Chongqing. The economy of the area would benefit greatly (Tan, 2007). The project has faced criticism...
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...In 1976 the Democratic Party chose Jimmy Carter as its nominee for president, and the American people elected him to that office over the incumbent president, Gerald Ford, bringing to a climax the most meteoric rise in modern U. S. politics. In choosing Jimmy Carter, the voters gained a president about whom they knew little and one who prided himself on being relatively unknown outside his home state of Georgia. He had never been a national candidate and had no significant experience on the national scene or any close ties to Washington. Jimmy Carter decided to run for president after his second term as governor of Georgia. (Goldfield, 2007, p.869) He sensed that the mood of the country was anti-Washington and that people were interested in a candidate who had not been associated with the Watergate scandal or with the Vietnam War. His campaign was built on moderate positions on most major issues, and he set a moral tone for the election by promising never to lie to the American people and to institute a government that was decent, compassionate, and responsible. In foreign affairs, Carter wanted to establish human rights as a tenet of American policy. (Jimmy Carter, n.d., ¶5) His frequent criticism of nations that violated basic human rights and his pleas in behalf of Soviet dissidents angered the Soviet government, which viewed the statements as intervention in its internal affairs. Despite these differences, Carter and Soviet President Leonid Brezhnev signed the...
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...Introduction World Economic Forecast. According to the World Economic Forum 2014, leading financial experts told participant that that the global economy was cautiously optimistic. Even though the global economic activity has strengthened; and global growth is expected to be 3.7 percent in 2014 and 3.9 percent in 2015, old risks are still present and the coming years might bring volatility. Therefore how governments plan to recover from the economic meltdown might determine whether there will be inflation or deflation. In emerging economies exports are the main drivers of growth activity; demand of goods from the advanced economies will lead to growth although domestic conditions may also interfere with the growth. Although many emerging markets have started to benefit from increased external demand their domestic growth has been slower than expected, this has been attributed to political uncertainty, policies and bottlenecks, which has affected investments negatively. These countries include Brazil, Russia, Middle Eastern countries and North African Countries. (World Economic Outlook Update, January 2014) In the U.S, federal budget deficit has fallen and banks are recapitalizing and working off bad loans. There will be no additional fiscal austerity at the federal, state and local government level meaning that there will be no budget cuts, spending will likely remain the same or go up stimulating the economy, and accelerating GDP from an average of 2.2 in the last four years...
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...tBeautiful, but Bold? Zeenat Jadwet, TY B, 3105 After winning an overwhelming majority on its own, the BJP has, in its first two policy statements—the railway budget and the Union budget—unambiguously initiated a recalibration of the government’s ideology towards the right. Clearly this is a government, emboldened, no doubt, by its 282 seats, yet many question how much of this was divulged in the highly anticipated budget. Principle of continuity was seemingly chosen over political consideration, causing many a people to question the intentions of Mr. Jaitley and the Modi Government. Reconciliation with a flawed inheritance, is what Is evident by the budget, leaving expectations of path breaking reforms, or “Modification”, postponed if not shattered. This said, the budget does very successfully incorporate small, viable steps aimed at curing long standing issues of deficit, investor skepticism and inflation. Faced with a near-empty treasury and massive outstanding obligations, Mr. Jaitley had very little room to maneuver. It was either quoting a more realistic fiscal deficit, thereby corroding investor confidence or accepting the rather wishful goal of Mr. P. Chidambaram of 4.1% for 2014-15, which he invariably did. This though is based on the premise of growth in the coming months. Accepting that full disclosure would leave a scar on the rather upbeat mood, subjecting the ‘Ache din’ promise to mockery the Jaitley-Modi duo stuck to the UPA II guidelines. If the...
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...Political Factors - Governments controlling world hydrocarbon reserves → significant impact - OPEC controlling 75.5% of world reserves → highly influential - Political risks: Instability, expropriation/nationalization of property, terrorism, civil conflicts, strikes, wars, etc. → adverse effect - Environmental treaties (Kyoto protocol) → negative impact Economic Factors - Interdependence between world economy and oil industry: economic growth → growing demand for oil; but also: continual supply of oil at reasonable prices → stable economy - Inelastic demand → positive effect - US dollar (and US economy) →significant impact - Exchange rates → impact on buyers and suppliers Socio-cultural Factors - Values and beliefs shape preferences for energies → energy mix changing towards greener energies - Need for companies to show social responsibility → supporting sustainable human development through investments in education, training, social and environmental activities Technological Factors - Extremely technology-driven: improved upstream technologies →better recovery of hydrocarbon, recovering oil from reserves considered exhausted → improved profitability (gains) - Breakthrough technology in ultradeep-water extraction →competitive advantage for Petrobras - Advanced technology → profound impact on long-term sustainability . Industry Competition Analysis (Porter’s five forces) In order to create a profitable competitive strategy, a firm must first examine the basic competitive...
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...1. In the Caribbean the term ‘common law union’ is used to describe a. Courtship between cousins b. Engagement between persons of different ethnicity/race c. A visiting relationship between adolescents d. An unmarried man and woman living together 2. The term ‘kinship’ implies a. Membership of the same organization b. Membership of the same ethnic group c. Close friendship d. Blood friendship 3. The term ‘polyandry’ is used to describe a traditional situation in which a a. Woman has more than one husband b. Man has more than one wife c. Woman has more than one child d. Man has children with more than one woman 4. A newly married couple resides with the husband’s father’s traditional authority This may be described as a. Patriarchal b. Paternalistic Patrilineal c. Polygamous Item 5 refers to the following statement. Some writers state that in many families today, it is the children who have control and not the adults 5. Which of the following could BEST explain the reasons for the statement above i. Some parents may not discipline their children for fear of losing their love ii. Parents, because they have their own problems, may neglect their children iii. The modern state is taking over the role of parents a. I and II only b. I and III only c. II and III only d. I, II and III 6. Which of the following is LEAST likely to be a concern of adolescents...
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...Running Head: VENEZUELAN OIL MARKET 1 Analysis of the Venezuelan Oil Market BINT 6311 – International Business Management University of the Incarnate Word VENEZUELAN OIL MARKET 2 Table of Contents Abstract ............................................................................................................................................3 Review of Venezuela .......................................................................................................................4 Geographic Location ....................................................................................................................4 Demographics ...............................................................................................................................5 Economic Indicators .....................................................................................................................5 Politics and Economic Freedom ...................................................................................................6 Analysis of Entry Modes .................................................................................................................7 Government’s Role ......................................................................................................................8 Joint Ventures ...............................................................................................................................8 Recent Events in Entry ....
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...December10, 2010 MGT 4600 Final Chapter 1: Increase in expansion of technology because the more advanced and available technology is to the developing world; the more competitive they are allowed to become. Growing consumer pressures because global discretionary has risen to the point that there is now widespread demand for products and services that would have been considered luxuries in the past. Increased global competition because incomes have grown globally and more consumers have satisfied their needs. So companies must develop what they believe customers will want. Changing political situations is major reason for growth because of the end of the schism between most Communist and non-Communist countries. Chapter 2: Cultural collisions that happen between international businesses and the countries that they attempt to start their businesses in. A company implements practices that work less well than intended. Social Stratification Systems because every culture values some things and people differently than other regions of the earth do. Information and task processing is important because some cultures tend to focus on the whole and then on the parts, whereas others do the opposite. Chapter 3: Individualism is important because it describes which refers to the primacy of the rights and role of the individual. Many western cultures follow this ideology which makes it difficult to transition to different places that clash with this characteristic. Collectivism...
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...EMERGING ECONOMIC AND POLITICAL CONFLICTS AS THREAT TO PROSPERITY Biyash Chakraborty MBA- International Business Email: chakraborty.biyash93@gmail.com University of Petroleum and Energy Studies, Dehradun. (Uttarakhand), INDIA __________________________________________________________________________ Abstract India’s rapid economic growth has made it the second fastest growing energy market in the world. Its domestic and international strategies has produced foreign policy differences with the United States that will require careful management on both sides. India’s basic approach to energy diplomacy has been to develop its supply potential and neutralize its potential competitors, principally China. India’s strategic interest in Iran as its energy partner and then the Iraq crisis are having a negative consequence on its economic prosperity, placing it on crossroads with the US. There is a divide between US and EU about the wisdom and desirability of imposing harsh economic sanctions on Russia. In any such confrontation, EU stands to lose much more than the US, though it can be argued that Russia will be the worst loser. In future, Russia may try to find new potential market for its gas and that could be India. So it is important for India to take its stand on Ukraine crisis carefully without tarnishing its relation with USA. India’s long-term prosperity hinges to some degree on a conflict free neighborhood; that an economically integrated region is in India’s...
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...Calgary, Alberta, Canada T2G1A6; richard.sunde@encana.com Richard Sunde earned a D.E.C. degree (Diplôme dietudes Collégiales) at Dawson College, Montreal, in 2000 and a B.Sc. degree in geology at McGill University, Montreal, in 2004. He then completed an M.Sc. degree at Simon Fraser University, British Columbia, in 2008; his thesis research focused on the content presented in this article. Richard currently is employed as a Geoscientist at Encana Corporation in Calgary. ACKNOWLEDGEMENTS ABSTRACT This study presents a lithology-based sequence-stratigraphic framework and depositional model for Lower Cretaceous, mixed siliciclastic-carbonate sediments of the Mid-Atlantic coastal plain (eastern United States). Lithologic data from cores and cuttings were integrated with wireline logs and twodimensional seismic data to document lithofacies variability and stacking patterns across the Albemarle Basin of eastern North Carolina. Ten facies associations are defined, which are variably present within siliciclastic- and...
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...I. Executive Summary From its humble beginning, Sensormatic Electronics Corporation has seen phenomenal growth in the theft detection industry. With its growth, president and founder, Ron Assaf has been presented the persistent problem of material management with the injection-molded plastic necessary for Sensormatic’s products. Petroleum prices required for plastic fabrication are volatile, and backlogs in production by Sensormatic’s outside vendors has prevented Sensormatic from operating at its fullest potential. Sensormatic must decide if it is prudent to backwards integrate plastic production. Mr. Assaf’s relationship with plastic supplier Canon Plastics provides him the opportunity to acquire an existing operation. If Mr. Assaf chooses backwards integration, he must then decide if it is preferable to acquire Canon Plastic’s operations over the purchase of new machines for Sensormatic’s Deerfield Beach plant. Through careful analysis and consideration of the data provided in this case study the recommended course of action is to proceed with the backwards integration of plastic production through the use of new machinery at Sensormatic’s Deerfield Beach location. While risk mitigation is important for the future of Sensormatic, the upside opportunity of this purchase outweighs the potential risk of the investment. The problem of delayed orders will be mitigated through the elimination of the inability of acquiring plastic parts for production. In-house plastic production...
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...1. Summarize the major features of Texas Instruments’ management systems. To what extent, and how, are these system mutually reinforcing? In 1960, Texas Instruments’ (TI) revenue reached $232 million, which was $32 million over company’s president Pat Haggerty’s announced goal of $200 million. However, the industry was facing a recession at the time, and Patrick Haggerty knew that TI needed to develop a system that would help with innovation and growth of the company. In 1962, Duddy Harris was assigned to find such system, which resulted in development of the OST System: Objectives, Strategies and Tactics. Pat Haggert believed that Texas Instruments must be consumer product centered. Under his leadership TI has organized itself into six major business groups. Each group was subdivided into divisions, which in turn is further divided into product customer centers (PCC), or profit centers. Each Product Customer Center (PCC) manager had responsibilities to Create, Make and Market product in their respective area. The goal of PCC is to allow the business to have a close relationship with customers, and enable an entrepreneurial environment for TI’s middle level managers. The major drawback of Texas Instruments profit center’s decentralized matrix system is the lack of control by top management, possibility of friction and conflict of interest between organization units. With over 80 different PCCs within TI; business cohesion can be a major issue. In order to keep individual...
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...DEMOCRACY * Give a comprehensive appraisal of the revival of democracy after the interregnum of 1999-2002. (2002) * Debate, National Interests VS Democratic Values in the context of recent political and constitutional developments in Pakistan. (2003) * The rise of religious extremism and militancy has become a major challenge to Pakistan’s internal stability and promotion of democracy. Elaborate. (2008) * Why most countries of the Muslim world are devoid of democratic governance? What changes would you recommend to make them modern democratic states? (2009) * Democracy in Pakistan has remained an elusive dream. Why it has taken so long to develop a road map and follow it with necessary modification? Explain (2009) GOVERNANCE * Governance through ordinances has been the hallmark of all regimes, democratic or otherwise, in Pakistan. In this context briefly review Pakistan’s political, constitutional and judicial landmarks. (2000) * Note: Ramification of Taliban’s style governance. (2000) * Pakistan is suffering from crises of governance at Institutional level. Suggest remedies to mitigate this situation. (2007) GLOBALIZATION * Discuss politics of World Trade Organization and Globalization. (2000) * Globalization, as being shaped by the World Trade Organization in a world of un-equal nation-slates, has un-manageable implications. Discuss. (2003) 911 CONSEQUENCES * “A single catastrophic event –‘Nine Eleven’ – has turned the entire...
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...Effectiveness of Corporate Social Responsible practices handled in the petroleum industry in Bangladesh: A case study of Shell By Delwar 2014 Dissertation submitted to Anglia Ruskin University in partial fulfilment of the requirements for the Masters Programme Abstract The research issue is that multinational organisations in the petroleum industry such as Shell and British Petroleum are being pressurised by their stakeholders to take responsibility for their business activities. In view of stakeholder pressure, companies have developed and implemented CSR policies and practices. However, the effectiveness of these CSR policies and practices is questionable as the effects of companies activities have negatively impacted the lives of their stakeholders and continue to do so (Amao, 2013). There is extensive research being carried out on understanding the effectiveness of multinationals CSR practices as there exists a wide gap between what companies are saying and what they are actually doing. Practising CSR makes companies responsible for looking after the needs of their stakeholders, makes companies take steps to protect the environment, improve people's livelihoods, motivates employees and increases organisations' effectiveness and efficiency. Multinational state they are practising CSR. Yet their activities have caused much harm to stakeholders. Shell's activities in Nigeria have caused severe health risk to families’ drinking water...
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...…………………………………………...………....13 RISK MAP (Mittal, Gupta)………………………….……………………………...14 RISK ASSESSMENT, EVALUATION, & MANAGEMENT.………..…………17 A. POLITICAL RISK (Brockman) ……………………………………………...……..17 i. Introduction ……………………………………………………...….……17 ii. War and External Threats …………………………………...……………..20 !!!" Civil and Labor Unrest ……………………………………………...…......23 !#" Internal Violence ………………………………………………..……...…27 #" Regime Instability ………………………………………………..…...…..29 B. SOCIO-ECONOMIC RISKS ………………….………………………………...…...33 i. Economic Instability (Gupta) ………………………………………….…..33 ii. Energy Vulnerability (Gupta) …………………………………………..….37 iii. Environmental Activism (Mittal)………………………………………...…42 iv. Ethno-Linguistic Factionalism (Mittal)…………………………….……….45 C. COMMERCIAL PETROLEUM RISKS …………...…………………………...………53 i. Constraints on Foreign Oil Company Investment (Chu)……...…………...…53 ii. External Transfer and Inconvertibility Risks (Dommert)…….…………….…61 iii. Threat of Adverse Changes in Contracts/Fiscal Terms (Chu)…………...……67 V. RISK MANAGEMENT INSURANCE…..………..………………………………74 A. PROJECT RISK THRESHOLDS AND BREAK EVEN PREMIUM (Mittal)……………....74 B. TRADE INSURANCE (Gupta)……………....………………………………………80 VI. CONCLUSION (Dommert)...…………..…………………………………………...82 1 APPENDIX...
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