bp csr research conventional paper

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Petroleum

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Bp Petrol Spill, Opec, Nigeria, Mutual Fund

Research from Analysis Paper:

An environmental loudmouth plus the media happen to be specifically presently there to receive advice about publicly amplifying our initiatives, because utliately this impacts everybody and we want everyone to jump on board with the effort. BP needs to realize that if that they don’t tune in to us, that it may be all of them vs . The earth. This gets us more bargaining power.

Getting co-operation between these types of different groupings could prove difficult. While many of us believe in the same general aim, I do not really doubt that everybody’s interests are different, so that it might to tough to obtain agreement with regards to objectives and methods. Yet , we will seek to discover common ground and start pressing BP for making improvements within the most critical areas first, just like increased protection against spills.

Problems

The first challenge is to become agreement as to what we can push intended for specifically. Several groups have differnet pursuits and targets, so the initially challenge will be to find common ground among the group members. A process of prioritizing the various issues is likely going to be the proper way to accomoplish this. Therefore prioritization could be the second big challenge, because we need to present BP with concrete aims that are useful for the business. Things that are not actionable you don’t have real benefit if we are attempting to change the way that the organization behaves.

Another main obstacle will be conversation with BP, and the predicted resistance. Nationwide stakeholders especially have an interest to do business with the company, therefore our aims with environmental protection will probably be balanced against our earnings objecdtives. The problem si that BP will present its circumstance knowing this – we all will need to overcome this. To overcome these kinds of objections, it is important that the company contains a wealth of data at its removal, to counter-top some of the expcted objections that BP has, and arguments that we will need to put earnings ahead of environmental concerns. This kind of arguments can hold sway within the ill-informed plus the uncaring, and we wish to be not, so that we can thoughtfully present airtight fights to force BP in action.

Sources

Adams, H. (2010). BP, Nigeria and CSR. Forbes. Retrieved April 23, 2014 from http://www.forbes.com/sites/csr/2010/06/17/bp-nigeria-and-csr/

Arnott, S. (2010). BP CEO Tony Hayward: In his own words and phrases. Business Week. Retrieved The spring 23, 2014 from http://www.businessweek.com/globalbiz/content/jul2010/gb20100728_556093.htm

BP 2013 Annual Statement. Retrieved 04 23, 2014 from http://www.bp.com/content/dam/bp/pdf/investors/BP_Annual_Report_and_Form_20F_2013.pdf

Friedman, M. (1970). The social responsibility of organization is to enhance its revenue. New York Instances Magazine. Recovered April twenty-three, 2014 via http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html

OPEC. (2014). Short history. Organization of the Petroleum Exporting Countries. Retrieved The spring 23, 2014 from http://www.opec.org/opec_web/en/about_us/24.htm

RT. (2012). Europe’s recession reflected in oil rates. RT. com. Retrieved The spring 23, 2014 from http://rt.com/business/recession-oil-price-yergin-565/

The Telegraph. (2010). BP: Its 10 biggest shareholders. The Telegraph. Retrieved 04 23, 2014 from http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/7802978/BP-its-10-biggest-shareholders.html

Treloar, T. (2013). Norwegian raises essential oil taxes in bid to help relieve cost pressures on economic system. Bloomberg. Recovered April twenty-three, 2014 coming from http://www.bloomberg.com/news/2013-05-05/norway-raises-oil-taxes-in-bid-to-ease-cost-pressures-on-economy.html

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