THE BP OIL SPILL IN MEXICAN GULF 2010 - Essay Example

Only on StudentShare

Extract of sample
THE BP OIL SPILL IN MEXICAN GULF 2010

A crisis refers to an undesirable and unfortunate position that a business finds itself in, and which poses a great threat to the organization (Benoit, 1995). The value of communication in any company is very important, and this importance cannot be understated. The major concept of this work is crisis management, and will employ a special focus on the BP oil company, and the oil spillage crisis of 2010. It shall take keen interest on how well, or otherwise, the crisis was handled by the company. Two theories are important in this work. First is the structural function systems theory which provides an in depth insight in crisis management. It implies that those companies that have a very effective information and communication model are more likely to succeed in crisis management (Lightstone and Driscoll, 2008). The second theory, the diffusion innovation theory, which is a widely applied theory, helps to structure the framework of this work, theoretically. It shows how businesses communicate and disseminate information through specified networks, or after a period of time which results to consistency (Hooghiemstra, 2000). ...Show more

Summary

Business reputation is a very important aspect in today’s competitive world.Some of the most successful businesses are the ones that have been able to uphold their first impression, the impression that made it stand out among others…
Author : augusta82
Save Your Time for More Important Things
Let us write a custom essay on your topic
"THE BP OIL SPILL IN MEXICAN GULF 2010"
with a personal 20% discount.
Find out more

Related Essays

Research Paper on the BP Gulf Oil Spill
Contents 1 Chapter 1 4 1.1 Introduction 4 1.2 Nature of the Issue 5 1.3 Research Question 6 1.4 Research Objective 7 2 Chapter 2 8 2.1 Literature Review 8 2.1.1 Theory of Externalities 8 2.1.2 Cost-Benefit Analysis of the Clean-up 10 2.1.3 Economic Policies of Government 11
16 pages (4000 words) Research Paper
The impact of Oil price changes on the Gulf Council Countries (GCC) stock markets
The researcher will try to find out the effect of the oil prices on the stock markets of Gulf Council Countries considering all the factors which affects the stock market like the capital existing in the market, the gross domestic product, the unemployment rate etc. Is there a positive correlation between the two or there is a negative correlation between the two variables that would also be analyzed.
12 pages (3000 words) Dissertation
A Study of BP and its Stakeholders in Nigeria.
BP is regarded as one of the world’s leading international oil and gas organization which provides its customers with fuel which is needed in transportation, energy required for heat and light, retail services and also of petrochemicals products. The company tends to produce a diverse range of energy portfolio ranging from road, to home, business; BP produces natural resources on which the entire world depends upon.
8 pages (2000 words) Research Paper
Research Paper Prospectus on the Economic and Financial Impact of the Gulf Oil Spil
The Gulf oil spill is one of the worst disasters in the history of oil disasters and is remembered to date for its ill fate similar to that of its predecessor, Exxon. The Macondo well of BP burst into shambles and exploded in April whereby it devastated the lives on thousands of lives on the spot (Peppas, 2011).
5 pages (1250 words) Research Proposal
How to Make 1000 pounds a profitable Investment in UK Stock Market
In this paper, pros and cons of all these five methods will be discussed and in the end the best method out of the all five and the worst of all five will be deduced based rational discussion. These five methods are: a. Buy stocks of the companies that have undervalued ratings.
15 pages (3750 words) Essay
BP Case Study: Investment Proposition
The company has exceled in providing the customers the fuel for their daily livelihood and transportation, lubricants for the engines and petrochemical products to be used for various purposes like packaging, clothing and paints and energy for light and heat.
6 pages (1500 words) Essay
Accounting Theory:British Petroleum Oil Split in Mexican Gulf 2010
Accounting Theory: British Petroleum Oil Split in Mexican Gulf 2010 Table of Contents Table of Contents 2 1. Introduction 3 2. The Case 3 2.1. Case Study 3 2.2. Data 4 2.3. Methodology 5 3. Findings 5 4. Conclusion 7 References 9 1. Introduction With the intention to decode the operations of businesses and their consequences, various accounting theories have been brought into use (Elsbach, 2000).
5 pages (1250 words) Essay
collateral mortgage obligations
Therefore, there is insignificant of relationships in RQ 1 through RQ 3; hence, the same could not provide the basis of determining a standard pricing model for valuing
65 pages (16250 words) Essay
Williamson Mortgage Inc
Any money lending business survives on the principles of time value for money, which looks at the future value of the money and its current value. The most significant aspect in the variation of the money is the interest rate. The current
2 pages (500 words) Case Study
BERTOS MANUFACTURING CORPORATION
Based on factors and other financial status, an inventory of chosen nations for the development is ready. The company anticipates expansion into abroad via direct ventures in foreign markets to sustain its parent corporation’s sales, Bertos
4 pages (1000 words) Case Study
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT