Bp Business Culture
The British Petroleum Company, Business Culture and Global Competition
George Enclarde
Jones International University / BBA110
Abstract
To try and understand how business is conducted form a global perspective, I used British Petroleum as a model in this paper, along with the research of other international companies and government agencies. Let’s consider the idea of small businesses around the globe competing and evolving into major players in the global economy. The U.S. and E.U. guidelines, rules and regulations that are in place, is a major source for information and legal protections. The idea of globalizations movement in the information age will have a tremendous effect on businesses socially, economically and culturally for years to come. Just over a month ago, British Petroleum was enjoying the future of its oil & gas exploration. Oh, how things have changed, after oil rig explosion and now an enormous oil spill, who knows all the world can do now is wait.
The British Petroleum Company, Business Culture and Global Competition The discovery of petroleum oil and its origin began in the 1900’s, according to several sources. It’s no secret that oil is one of the most important discoveries and resources ever found by man. We use oil to produce everything from ink to gasoline and without it production our world would be very different. I selected British Petroleum because I knew it had a long history and it would be very challenging for me to write this paper with consistency. Around May 1901, a wealthy businessman named William D’Arcy (October 11, 1849 - May 1, 1917), made a deal with the Shah of Iran (Mozaffar ad-Din Shah), who at that time ruled the country of Persia (Iran). The Shah when he took over as Prince of Persia apparently he inherited a great amount of debt left by his father Naser al-Din Shah Qajar. The people of Persia were basically under one ruler, socially, publically and economically because of this they had no means of
George Enclarde
Jones International University / BBA110
Abstract
To try and understand how business is conducted form a global perspective, I used British Petroleum as a model in this paper, along with the research of other international companies and government agencies. Let’s consider the idea of small businesses around the globe competing and evolving into major players in the global economy. The U.S. and E.U. guidelines, rules and regulations that are in place, is a major source for information and legal protections. The idea of globalizations movement in the information age will have a tremendous effect on businesses socially, economically and culturally for years to come. Just over a month ago, British Petroleum was enjoying the future of its oil & gas exploration. Oh, how things have changed, after oil rig explosion and now an enormous oil spill, who knows all the world can do now is wait.
The British Petroleum Company, Business Culture and Global Competition The discovery of petroleum oil and its origin began in the 1900’s, according to several sources. It’s no secret that oil is one of the most important discoveries and resources ever found by man. We use oil to produce everything from ink to gasoline and without it production our world would be very different. I selected British Petroleum because I knew it had a long history and it would be very challenging for me to write this paper with consistency. Around May 1901, a wealthy businessman named William D’Arcy (October 11, 1849 - May 1, 1917), made a deal with the Shah of Iran (Mozaffar ad-Din Shah), who at that time ruled the country of Persia (Iran). The Shah when he took over as Prince of Persia apparently he inherited a great amount of debt left by his father Naser al-Din Shah Qajar. The people of Persia were basically under one ruler, socially, publically and economically because of this they had no means of
References: (Prados, J.W., Lattuca,L.R., & Peterson, G.D. (2005). Quality Assurance of Engineering Education through Accreditation: The Impact of Engineering Criteria 2000 and Its Global