Operations Management of BP Plc (British Petroleum) Essay

Operations Management of BP Plc (British Petroleum) - Essay Example It also transforms capital into goods and services. Operational management allows firms, and companies to come up with strategies that help companies deal with new market entrants and main competitors. Each company has a distinct way of dealing with its operations (Merz & Sauber1995). Many companies come up with distinct names for their departments. BP is a multinational company which has a vibrant operational and management department. Problem definition BP has come under intense pressure due to competition from other major oil producing companies. The company needs to reinvent itself in order to maintain its profitability. BP is known to produce large amounts of oil. However, the large amounts of oil are not reflected in the amounts of revenues generated. The company is also facing the threats that range from new entrants to the established oil companies. There is need to consider the strategies that are needed to keep the company economically viable and competitive. Body BP Amoco is a leading oil industry aims at supplying petroleum products to its international marketplace. Operation administration has become an essential tool in the oil industry management techniques. Operation management makes sure these industries adhere to quality of work. BP also known as BP Amoco is located in London (Wulf 2012). It is a globally established petroleum and oil firm. The company began in 1901. The company was used in all exploration and was a source of oil for the royal navy (Business Week 2012). The company was founded by William Knox and found oil for the first time in 1908. In 1917, the UK administration became in charge of the industry, and planned to rename it to B P (Business Week 2012). BP expanded its market in the entire Europe and later merged with American Oil Company (AMOCO). BP has been using high quality operational management skills with have been the reason behind the firm’s success. BP is in service in over a hundred countries on to serve the int ernational market. BP focuses on drilling and discovering oil around the world (Scarborough & Spatarella1998).BP is paying attention to quality products. BP is setting achieve goals with a clear timeline. The company is closing down branches are considered to have declining revenues. Attention is paid to products which are consumer friendly. This has caused BP to rebrand and the initial step to create incentives to employees and to attract customers. BP is measuring quality and productivity through amount generated per barrel. The company explores unfinished lubricants, natural gas, refinement, distillation, selling, and delivery, along with manufacturing petroleum products (The Economist 2011). The company

Anishinabe peoples and the clan system Essay Example | Topics and Well Written Essays - 1000 words

Anishinabe peoples and the clan system - Essay Example The institutions of social services, justice, community development, property and civil rights, customs law, educational and health services were among the institutions orderly managed by Anishinabe Clan System (Sitting, 2003). The institutions as they were well managed reflected the original values which promoted the well-being of a common man. The system offered a great law which presented both forms of social and political governance clearly. Therefore, people could not contradict in either social or political ideas. The system presented a way of dealing with social and political differences harmoniously. It was an effective system of administering both structure of governance and social order in the society. Furthermore, its spiritual importance cannot be underestimated. It was a system where spiritual policies could be applied when there is a need to reconcile conflicting parties in the society. Through application of its policies and principles, the system continued to function and support all the people and was important in fulfilling their pursuits and needs. Even though, times changed, the clan system continued being strong and became key to the strength of Ojibway people. People could identify themselves with the clan systems. It defined the people’s unity and identity, and at the same time maintained integ rity, personal identity and dignity of the people. The clan System, apart from providing leadership and governance to Ojibway people, it also gave a chance to the people to actively participate in the governance decisions and the concerns of their needs. The people through the Clan System could also actively compel the policies that could derail their rights and freedoms (James, 2007). The governance was well organized and the hierarchy was well defined. Each clan was given a place and designated a role to play in the society. The clan meets regularly depending on the