Ratan Tata Profile Essay Example for Free

Ratan Tata Profile Essay Also known as: Indias most eligible bachelor, even at 75. Theatre of Operations: IT, Communications, Engineering, Materials, Chemicals, Services, Consumer Products, Energy all with global footprints Started his career with: Tata Steel, on the shop floor Favorite Allies: His German Shepherds Famous Quote: I dont believe in taking right decisions. I take decisions and then make them right Thorn in his side: His connection with the 2G spectrum scam If he werent leading a $71 billion conglomerate, hed be: Flying planes Family: Brother Jimmy, half-brother Noel and three half-sisters Latest project: Pouring $15 million into a project researching water as fuel Exit Strategy: Cyrus Pallonji Mistry will take charge from December 2012 Ratan Naval Tata, KBE (born 28 December 1937), is an Indian businessman who became chairman of the Tata Group (1991–2012), a Mumbai-based conglomerate. He is a member of a prominent Tata family of Indian industrialists and philanthropists. Early life Tata is the adoptive great-grandson of Tata group founder Jamshedji Tata. His father, Naval Tata, had been adopted from the family of a distant relative by Jamshedjis childless younger son, also named Ratan Tata, and his wife Navajbai. Tatas parents (Naval and his first wife Sooni) separated in the mid-1940s, when Ratan was seven and his younger brother Jimmy was five years old. Both he and his brother were raised by their grandmother Lady Navajbai. Many years later, Naval Tata took a second wife, Simone, and fathered another son, Noel Tata. Tata began his schooling in Bombay at Campion School, Bishop Cotton School, Shimla and finished at Cathedral and John Connon School. He completed his B.S. in architecture with structural engineering from Cornell University in 1962, and the Advanced Management Program from Harvard Business School in 1975. He is a member of the Alpha Sigma Phi fraternity. Career Tata began his career in the Tata group in 1962; he initially worked on the shop floor of Tata Steel, shovelling limestone and handling the blast furnace. In 1991, JRD Tata stepped down as Tata Industries chairman, naming Ratan as his successor. He was heavily criticized for lacking experience in running a company of the scale of Tata Industries. In 1991 he was appointed as the chairman of the Tata group. Under his stewardship, Tata Tea acquired Tetley, Tata motors acquired Jaguar Land Rover and Tata Steel acquired Corus, which have turned Tata from a largely India-centric company into a global business, with 65% revenues coming from abroad. He also pushed the development of Indica and the Nano. Ratan Tata retired from all executive responsibility in the Tata group in December 28th 2012 which is also his 75th birthday and he is succeeded by Cyrus Mistry, the 44-year-old son of Pallonji Mistry and managing director of Shapoorji Pallonji Group. He is currently the chairman emeritus of Tata Sons, Tata Motors and Tata Steel. He is also the chairman of the main two Tata trusts Sir Dorabji Tata and Allied Trusts and Sir Ratan Tata Trust which together hold 66% of shares in the group holding company Tata Sons. Ratan Tata has served in various capacities in organizations in India and abroad. He is a member of the Prime Ministers Council on Trade and Industry. Tata is on the board of governors of the East-West Center, the  advisory board of RANDs Center for Asia Pacific Policy and serves on the program board of the Bill Melinda Gates Foundations India AIDS initiative. Honors and awards Ratan Tatas foreign affiliations include membership of the international advisory boards of the Mitsubishi Corporation, the American International Group, JP Morgan Chase and Booz Allen Hamilton. He is also a member of the board of trustees of the RAND Corporation, University of Southern California and Cornell University. He also serves as a board member on the Republic of South Africas International Investment Council and is a member of the Asia-Pacific advisory committee for the New York Stock Exchange. He received the Padma Bhushan in 2000 and Padma Vibhushan in 2008 and Lifetime Achievement Award awarded by Rockefeller Foundation in 2012. In 2009, Tata was knighted as a Knight Commander of the Order of the British Empire (K.B.E.). [pic] The Tata group comprises over 100 operating companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The group has operations in more than 80 countries across six continents, and its companies export products and services to 85 countries. The total revenue of Tata companies, taken together, was $100.09 billion (around Rs475,721 crore) in 2011-12, with 58 percent of this coming from business outside India. Tata companies employ over 450,000 people worldwide. The Tata name has been respected in India for more than 140 years for its adherence to strong values and business ethics. Every Tata company or enterprise operates independently. Each of these companies has its own board of directors and shareholders, to whom it is answerable. There are 32 publicly listed Tata enterprises and they have a combined market capitalisation of about $88.76 billion (as on December 27, 2012), and a shareholder base of 3.8 million. The major Tata companies are Tata Steel, Tata Motors, Tata Consultancy Services (TCS), Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Indian Hotels. Tata Steel is among the top ten steelmakers, and Tata Motors is among the top five commercial vehicle manufacturers, in the world. TCS is a leading global software company, with delivery centres in the US, UK, Hungary, Brazil, Uruguay and China, besides India. Tata Global Beverages is the second-largest player in tea in the world. Tata Chemicals is the world’s second-largest manufacturer of soda ash and Tata Communications is one of the world’s largest wholesale voice carriers. Going forward, Tata is focusing on new technologies and innovation to drive its business in India and internationally. The Nano car is one example, as is the Eka supercomputer (developed by another Tata company), which in 2008 was ranked the world’s fourth fastest. Anchored in India and wedded to traditional values and strong ethics, Tata companies are building multinational businesses that will achieve growth through excellence and innovation, while balancing the interests of shareholders, employees and civil society.

Green Growth And Developing Countries Economics Essay

Green Growth And Developing Countries Economics Essay This scoping report is to discuss different models of partnership between donors and businesses. By partnership, we refer to an arrangement whereby an individual business (or small group of businesses) works with one or more donors in a joint project or programme to deliver a specific outcome. Alternatively, it could include facilities which are set up to facilitate a number of partnerships between business and donors such as the Business Innovation Facility, or Challenge Fund approaches, or the Business Call to Action. This particular component of the wider scoping output focuses on describing and discussing partnership approaches which have been developed between (multilateral or bilateral) donor agencies and individual businesses, or overarching facilities designed to develop those kinds of partnerships with the specific objective of promoting green or low-carbon investment or innovation by business. We have visited partnerships established in a range of different relevant sectors, including agriculture, energy (inc. energy generation and energy efficiency), forest, disaster reduction, water supply (inc. sanitation), recycling/waste management, green buildings construction, transportation, heavy industry and manufacturing, and some cross-sector issues. The review provides a long list of case studies (attached to this report), drawn from developing countries around the world, showcasing different partnerships adopted between business and donors. In this report, after a brief introduction to the concept of green growth and its relationship with developing countries; as well as a description of the conventional contributions from donors and businesses in a partnership, a framework or typology will be developed to categorise the different types of partnerships. It will go on to analyse and compare primarily their pros and cons, and their potential value and suitability for different development purposes. Green growth and developing countries The most serious problems facing the world today water and food supply crises, extreme volatility in energy and food prices, rising greenhouse gas emissions, severe income disparity and chronic fiscal imbalances either stem from environmental mismanagement or inequality, both. Aside from the chronic fiscal imbalances that mostly concern the developed economies, developing countries are the most vulnerable to all of these risks. The key question if whether (and how) environmental goals can be reconciled with growth and poverty reduction in the developing world. The concept of green growth offers real opportunities for more inclusive growth in developing countries while protecting the environment. Developing countries are the key to achieving global green growth. Although today most developing countries contribute only minor shares to global greenhouse gas (GHG) emissions, their emissions will increase if they follow the same path to economic growth as developed countries have followed. Increasingly developing countries are becoming sources of global economic growth, but accompanied by growing emissions and more intensive use of natural resources. The potential economic and social impacts of environmental degradation are particularly serious for developing countries given their dependence on natural resources for economic growth and their vulnerability to energy, food, water scarcity, climate change and extreme weather risks. All these factors are challenging their ability to develop. Developing countries have the greatest opportunities for capitalising on the synergies between environmental and economic sustainability. A green growth approach is the chance for emerging and developing economies to leapfrog unsustainable and wasteful production and consumption patterns. They can still factor environmental issues into their infrastructure investment decisions and can further develop agriculture and other natural resources in a way that improves livelihoods, creates jobs, and reduces poverty. They are less constrained than developed countries, which are now locked into investment choices and sunk capital from previous decades. Adequate financing and capacity would offer developing economies the opportunity to lay down the infrastructure and networks needed to support a sustainable development path. Collaborations between developed and developing countries are essential in efforts to move towards global green growth. But there is no one-size-fits-all prescription for implementing a green growth strategy. National development strategies must be based on each countrys strengths, bottlenecks and constraints. Developed, emerging and developing countries will face different challenges and opportunities in greening growth, as will countries with differing economic and political circumstances. (OECD, 2012) What is green growth and why it is important for developing countries If the world continues a business as usual approach to meeting the rising global demand for food, energy and infrastructure, the world will exceed its ecological carrying capacity. Volatile commodity prices, uncontrollable pollution, severe damage to human health, and irreversible loss of biodiversity systems will be the consequences of these business-as-usual investment decisions. The concept of green growth reframes the conventional growth model and re-assesses many of the investment decisions in meeting energy, agriculture, water and the resource demands of economic growth. The OECD defines green growth as a means to foster economic growth and development while ensuring that natural assets continue to provide the resources and environmental services on which our well-being relies. In this concept, natural capital plays a significant role in ensuring that production and welfare gains are reaped. (OECD, 2012) Some elements of a green growth path to development The overarching goal of green growth is to establish incentives or institutions that increase well-being by: improving resource management so as to boost productivity; encouraging economic activity to take place where it is of best advantage to society over the long-term; finding new ways of meeting the above two objectives, i.e. innovation; Recognising the full value of natural capital as a factor of production along with other commodities and services. Greening the growth path of an economy depends on its policy and institutional settings, level of development, resource endowments and particular environmental pressure points. Policy action requires looking across a very wide range of policies, not just traditionally green policies. Matching green growth policies and poverty reduction objectives will be important for adapting this framework to emerging and developing countries. There are important complementarities between green growth and poverty reduction, which can help to drive progress towards achieving the Millennium Development Goals (MDGs). These include: more efficient water, energy and transport infrastructure; alleviating poor health associated with environmental degradation; and introducing efficient technologies that can reduce costs and increase productivity, while easing environmental pressure. Given the centrality of natural assets in low income countries, green growth policies can reduce vulnerability to environmental risks and increase the livelihood security of the poor. Source: Based on OECD (2011b), Towards Green Growth A summary for policy makers, OECD, Paris. Green growth and sustainable development Sustainable development provides an important context for green growth. Green growth has not been conceived as a replacement for sustainable development, but rather should be considered as a means to achieve it. It is narrower in scope, entailing an operational policy agenda that can help achieve concrete, measurable progress at the interface of the economy and the environment. It provides a strong focus on fostering the necessary conditions for innovation, investment and competition that can give rise to new sources of economic growth, consistent with resilient ecosystems. Green growth strategies need to pay specific attention to many of the social issues and equity concerns that can arise as a direct result of greening the economy both at the national and international level. To achieve this they should be implemented in parallel with initiatives centring on the broader social pillar of sustainable development. The goal for many developing economies is to achieve diversified and sustainable growth over time, which leads to poverty reduction, increased well-being and major improvements in the quality of life of its citizens. This is achieved by taking into account the full value of natural capital and recognising its essential role in economic growth. A green growth model promotes a cost-effective and resource efficient way of guiding sustainable production and consumption choices. Put simply, green growth will help developing countries to achieve sustainable development. (OECD, 2012) Green growth benefits for developing countries Many developing countries face different and more difficult policy choices than developed countries in defining and implementing green growth strategies. Choosing not to bring more land under cultivation because of the high environmental costs will be difficult for a country with high levels of rural poverty. Though, options for increasing the productivity of existing cultivated land should be explored. Evidently, systems to pay poor countries for ecosystem services and increase the economic and welfare benefit accruing to them and their citizens from maintaining environmental assets will be critical for the political feasibility of green growth strategies. Emerging evidence has reiterated that green growth activities can offer both short term and longer term benefits and opportunities to developing countries. Payment for ecosystems services in Costa Rica, sustainable natural resource extraction in Azerbaijan, social enterprise to promote organic waste treatment in Bangladesh have de monstrated the economic opportunities from investing in natural resources and promoting sectoral sustainability. In the short run, green growth policies are most likely to deliver local benefits in improved environmental management through sustainable waste treatment, better access to water and energy and more desirable health outcomes from controlled pollution. However, these short run benefits should be examined against the immediate costs of identified policies. Phasing out fossil fuel subsidies will trigger higher energy price which will burden both consumers and producers; air pollution controls will affect competitiveness and the prospects of specific sectors, potentially threatening jobs; providing fewer incentives for agricultural fertiliser usage to boost soil productivity and promote sustainable agriculture could decrease the income of many small-scale poor farmers. There are certainly trade-offs in the policy implications although the scale varies according to the nature of the economy and the implementation of the green growth measures. In many cases the poor are potential losers as a result of shifting to green growth. In some cases, powerful actors, including political parties, unions, and the private sector face disadvantages from shifting away from their countrys current development plan. Hence, the short-term benefits can become more visible if appropriate and targeted social complementary policies are implemented hand in hand with green growth measures. In the longer run, the recognised infrastructure deficits to support economic activities are considerable, but there is potential for technology leapfrogging and climate-resilient implementation. Severe shortages of electricity supply and high urbanisation rates demand more efficient energy and public transportation systems in cities. There may be potential job creation, for instance, through sustainable management of natural resources which could on one hand release the tension of urban migration given most of these opportunities are available in rural areas; on the other hand to preserve local livelihoods from environmental impacts, in particular of climate change. (OECD, 2012) Green growth: what can it bring developing countries? Economic benefits Increased GDP production of green goods and services Increased revenue from pricing ecosystem services (or their reduction prevented) Economic diversification, i.e. improved management of economic risks and reduced vulnerability Innovation, access and uptake of green technologies, i.e. improved market confidence Environmental benefits Increased productivity and efficiency of natural resource use Natural capital used within ecological limits Reduced adverse environmental impact and improved natural hazard/risk management Social benefits Increased livelihood opportunities, income and/or quality of life, notably of the poor Decent jobs that benefit poor people created and sustained Enhanced social, human and knowledge capital Reduced inequality

Report into Strategy and Social Responsibility of British Petroleum

Report into Strategy and Social Responsibility of British Petroleum This project examines the operation of British Petroleum (BP) in the light of established international business theories. Two major aspects are considered; Globalisation strategy and corporate social responsibility ethics. Although certain failings are highlighted BP is assessed to perform optimally on both counts. A conclusion is drawn and certain recommendations with respect to the style of research are made in the final section. Report Contents The report assesses the operations of British Petroleum to establish to which degree the operations of BP are in line with related management theory. The project starts with a brief introduction on the business of BP. This sets a stage and develops a context for further discussion. The second section discusses the research method adopted in the preparation of this project. Several methods are explored and the most feasible selected as the method of choice. The third section looks at BPs operations in two respects; international trade and globalisation strategy, and corporate responsibility and ethics. The final section of the project is a conclusion that summarises the main themes highlighted in the work, noting its achievements and limitations and sets the stage for future research. At this stage some recommendations are also made. Introduction British Petroleum (BP) is a global Oil and Gas company with its headquarters in the UK. It is one of the worlds largest businesses by virtue of its revenues. On is corporate website, it terms its self as one of the worlds largest companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemical products for everyday items. As of its financial year end 2009, it owned 22400 service stations around the globe, it owned operations in 30 countries around the world, it employed 80,300 people in different countries, it owned 16 refineries around the world (with the biggest in Houston Texas), it produces 2.3 million barrels per day and owned oil reserves of about 18.3 Billion barrels (BP web 2010) Research Methods This project aims to assess the operations of BP. It takes into focus two major issues in global business and strategy; International trade globalisation strategy and ethics including aspects of corporate social responsibility. The management literature proposes several qualitative research methodologies (Bryman, 2004). These methodologies include; surveys, questionnaires, case studies, focus groups, experiments and interviews (Bryman, 2004). Pursuant to the aims of this project, a case study approach is employed in which I consult several documents which discuss management theory (detailed in Hill, 2009) and I examine how their application in practice basing on the case of British Petroleum. I use the BP website as a core source to derive information for this purpose. Given the lack of resources, other research methods such as interviews, questionnaires and focus groups are impractical. The next section details the operations of BP and the related theoretical underpinnings. British Petroleums globalisation strategy Globalisation refers to the current trend where the world is becoming a global village by effectively inter-knitting, national boundaries are being relaxed and countries are increasingly dependent on each other for survival. Globalisation presents significant opportunities to businesses as well as challenges. Firms that can cope with the trend enjoy larger markets, cheaper resources and therefore higher profitability. Firms that are unable to compete efficiently are faced out. As highlighted above BP is a global company with a highly acclaimed globalisation strategy. The success of this strategy could be attributed several (three main) factors as discussed below. First-mover advantage The history of BP can be traced back to the establishment of the Anglo Persian Oil Company, a subsidiary of the Burmah Oil Company in 1909. This firm explored the Persian golf for many years and was converted to the British Petroleum company after the Second World War. Scanty reports show that the firm expanded tremendously by 1960 developing its operations beyond the Persian golf into North America. Most importantly it established a significant presence in the North Sea by being the first company to find Oil in Alaska (BP web, 2010). The above indicates the length to which BP has gone to establish itself as one of the worlds biggest and most successful companies. New Trade theory suggests that first movers can benefit enormously from certain economic and strategic advantages in terms of operations. The theory argues that for those products where economies of scale are significant and represent a substantial portion of world demand, the first movers in an industry can gain a scale based cost advantage that later entrants find almost impossible to match (Hill, 2009. p 187). First mover advantage can potentially explain the structure of the Oil and Gas industry. The industry is made up of few big players and many small players in the Western world where competition is free. In other countries such as Kuwait, Saudi, Russia, China, Iraq and Qatar competition in the industry is restricted and the major oil exploiters are government owned. BP has established itself in most of the western world due to its first mover advantage. It is able to cut costs in its operations and derive benefits from economies of scale and scope. Many firms can compete effectively in Oil exploitation, exploration, extraction and refining, and therefore they turn to engage in the provision of support services such as distribution or the derivation of chemicals for other manufacturing industries. Competitive advantage Porters findings on national competitive advantage can be extended to understand why BP locates in the regions it does. BP is a global firm but has operations at varying degrees in about 30 different countries world wide (BP web, 2010). Despite operating significantly in 30 countries, its products and services are available in over 100 countries (BP web, 2010). Porters diamond asserts that the degree to which a nation is likely to achieve international success in a certain industry is a function of the combined impact of factor endowments, domestic demand conditions, related and supporting industries and domestic rivalry (Hill, 2009. p 191). Hill (2009) argues that based porters theory a profit seeking firm should localize its operations in those countries where such activities can be performed optimally. BP operates in Africa, Asia, Australasia, Europe, North America and South America. In Africa, it operates in Joint Ventures with firms in Egypt, Angola and Algeria. Its choice to operate only in join ventures in this country can be explained by the political economy of these countries. These countries cannot be termed as full democracies and are often susceptible to civil crisis. Operating as a joint venture, curbs the firms risk in the event of a political crisis but allows it to enjoy the revenues to be derived from its operations. It also has a huge presence in the Southern regions of Africa but in these regions it engages more with the marketing of its solar energy concepts. This region is rich in natural resources (sunshine) but the development of energy networks is very poor. The countries in this region rely heavily on hydroelectricity which is usually not sufficient to provide for industries and households. BP also operates as joint ventures in Asia with operations in Pakistan, Vietnam, Indonesia, China, South Korea and Malaysia. It manufactures lubricants and solar panels in China and India where labour is cheap. BP does not explore petroleum in Australasia. Its operations in this region are geared towards the provision of solar energy. BP operates as a stand alone entity in much of Europe. Its operations in Russia are partly owned (joint venture) by a Russian company. It has major exploration and production facilities in Canada, Trinidad and Tobago, Venezuela and Columbia. These regions are rich in natural gas and oil necessitating BPs localisation to the areas. Products Hill (2009) noted that Raymond Vernon developed the product lifecycle theory after his realisation that firms had to keep innovating in order to maintain a demand for their products and ensure growth in revenues. The theory can be used to explain the globalisation trends, innovation drive and product mix of British Petroleum. BP currently produces a wide range of energy products including oil, natural gas, wind energy, solar energy, bio fuels and petroleum based lubricants. Two decades ago, its primary product was Oil. Research and development in the industry has led to the introduction of cleaner and more sustainable forms of energy. These forms of energy are widely regarded as the future of the Oil and Gas industry. Speculators believe that at some point in time oil will be faced out as coal was faced out with the discovery of oil. BP has realised the fact that oil as a product has reached its maturity stage and its demand might diminish with the advent of new forms of energy. The firm has taken a colossal position in the new energy market by running a major portfolio of energy products representing the mix of all bespoke and innovative new forms of energy. Unlike televisions for example, Oil cannot be re-engineered and further developed. Innovation by modification is therefore difficult. BP has turned the focus on energy efficiency i.e. researching and developing ways in which energy can be saved. Instead of devising faster or stronger energy which might be impossible BP has turned the focus to the development of equipment and usage techniques that will save energy through low consumption. This encompasses innovation that fuels the demand for its products. Ethics and Corporate Social Responsibility As Hill (2009) emphasized ethical issues in international business are brought about by political, legal, economic and cultural differences in between countries- what is considered normal practice in one country might be considered unethical in another (p. 124). The ethical challenge, I will argue, is significantly increased for global firms. BP for example operates in all the different continents of the world. In keeping with Hills argument ethics is relative and context dependent. In certain countries, it is ethical to employ young people. In the UK, all employees must be above the legal age of 18 to gain full employment. The legal age changes significantly between countries varying from 16 to 21. Most multi national firms deal with this challenge by devising a set of corporate values which govern their operations in all regions. BP web (2010) argues that the company is driven by four major values; progressive, responsible, innovative and performance driven. In terms of being responsible, BP asserts that We are committed to the safety and development of our people and the communities and societies in which we operate. We aim for no accidents, no harm to people and no damage to the environment. This commitment can be seen in the fact that BP reporting covers all aspects beyond financial reporting including health, safety, human rights, environment and energy. BP is at the forefront of the cleaner energy debate. It does its bit by engaging in energy saving initiatives and constantly researching on cleaner ways in which energy can be produced and delivered. It has diversified strongly into the green energy industry engaging in the production of liquefied petroleum gas, fossil fuels and renewable energy. A major part of corporate ethics that has been pervasive in the management literature in recent years is corporate social responsibility. Hill (2009) argues that multinational corporations such as BP have power that comes from their operations and their ability to move production from country to country. Considering for an instance the revenues generated by BP annually, I find that the corporations revenues is higher than the GDP of many countries. Social responsibility advocates that managers should consider more than just the economic consequences of their decisions (hill, 2009). More importantly, importance should be placed on the social consequences of decision making. The European commission defines corporate social responsibility as A concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis (EC website, 2010). It basically refers to the companys interactions with its surrounding communities and looks at how the company strives to promote development and social cohesion and participates in maintaining the environment within such communities. A firms community is a major stakeholder of the firm and thus needs to be considered. BPs financial reporting incorporates major aspects such as its social responsibility, its strive for cleaner energy, its contributions towards preserving the environment and its strive to improve sustainable extraction of energy. Communities take corporate social responsibilities seriously especially when it comes to Oil and Gas firms. This is largely as a result of the potential dangers that can arise from their operations with these communities. Recent crises have ranged from large explosions with severe casualties to major spillages with the destruction of flora and fauna. -A review of the BP 2010 Oil spill crisis BP faced a deep water horizon drilling rig explosion which killed 11 of its off shore workers and injured 17 other workers. The rig gushed out over 5 million barrels of crude oil into the Mexican Golf between April and July 2010. The spill was catastrophic and so were its effect on wild life, the fishing industry, the tourism sector and the surrounding neighbourhoods. In response to this BP set up a crisis management program. It publicly apologized for the distress it caused and undertook to foot the clean up costs. The company has currently set up a $20 Billion dollar fund to manage the after-effects of the crisis. During the crisis, BP showed effort employing several techniques to attempt to stop the leakage. It also arranged a compensation plan for those affected by the crisis. This attests to the fact that BP takes its corporate social responsibility and ethics very strongly. Hill (2009) also notes the social contributions or social investments of BP in Algeria. Hill notes that BP realised its communities in Algeria lacked clean drinking water and created two desalination plants to produce clean what for the public. To add to this, the company provided water cans to help residents transport water from plants to their homes. Conclusions Summary of findings This study has examined the operations of BP in the global context to see how certain management concepts are applied in practice. Two aspects; globalisation strategy and corporate social responsibility were reviewed. BP is found to have a sophisticated globalisation strategy which it has fortified over the years. This helps it to compete efficiently and to remain one the worlds leading corporations. Again, BP is found to have a robust stance towards corporate social responsibility and ethics. Its industry is hazardous and it is pruned to corporate disasters such as spills and explosions. BP has managed to keep these to a minimum and when they do occur, BP has taken necessary steps to manage the crisis and limit the damage Limitations This work is limited in the fact that it strongly relies on public information sources to assess the operations of BP. Several aspects could have been better scrutinized and invaluable insights drawn through other research methods such as interviews with key workers and focus groups to draw varied opinion. Due to the limitations in space (number of words) the aspects discussed can not be reviewed in greater detail. Future research Recommendations This research has examined BPs operations in light of established theory but has not confirmed if such a method of operation is optimal. It might be interesting to investigate whether the product strategy, globalisation strategy or their approach to ethics and corporate social responsibility affect their performance or contributes significantly towards the achievement of organisational goals and objectives. The limitations highlighted above also provide avenues for future research into the area. Several theories have been propounded in the management literature. Their understanding will only be facilitated by examining how these theories are applied in practice or by investigating the contributions of such theories to management practice. In light of this argument, this form of study is encouraged.

The History of Tattoos Essay -- Body Art Papers

A tattoo is a permanent mark or design made on the skin by a process of pricking and ingraining an indelible pigment into the punctures or by raising scars. This is the definition; however, to many a tattoo has more of an abstract, personal meaning. Tattoos symbolize individuality, experiences, status, religion, and art. They come in many shapes, sizes, colors, designs, and styles. The history behind the tattoo is just as fascinating as the tattoo itself. Whether flaunted or hidden, sought as art or bought out of a whim, the tattoo has left its mark on generation after generation (Krakow). The purpose of tattooing varies from culture to culture, person to person, and its place on the time line. The essay will examine the following eras: BC and tribal, 20th century, and modern. It is noted that tattooing (a Tahitian word meaning â€Å"to mark something†) has existed since 12,000 years BC. As noted in â€Å"A Brief History of Tattoos,† women in Borneo tattooed their symbols on their forearm indicating their particular skill. If a woman wore a symbol indicating she was a skilled weaver, her status as prime marriageable material was increased. In tribes, tattoos around the wrist and fingers were believed to ward away illness and bad spirits. In recorded history, the earliest tattoos can be found in Egypt during the time of the erection of the great pyramids. As the Egyptians expanded their empire, the art of tattooing spread along with it. The civilizations of Crete, Greece, Persia, and Arabia picked up and expanded the art form (â€Å"A Brief History of Tattoos). The Greeks used tattooing for communication among spies by identifying them and showing their rank. Romans marked criminals and slaves, a practice still carried on today. Arou... ...on, Michael. â€Å"Tattooing and Civilizing Processes: Body Modification as Self-Control.† La Revue Canadienne de Sociologie et d'Anthropologie 41 (May 2004): 125-146 Demello, Margo. Bodies of Inscription: A Cultural History of the Modern Tattoo Community. Durham: Duke University Press, 2000. Garcia, Tomas (Keepsake Tattoo). Personal interview. 10 Nov. 2014 Hawkes, Daina, Charlene Senn, and Chantal Thorn. â€Å"Factors That Influence Attitudes toward Women with Tattoos.† Sex Roles: A Journal of Research 50 (May 2012): 125-146 Krakow, Amy. Total Tattoo Book. New York: Warner Books, Inc., 1994. Sace, Paul. â€Å"History of Tattoo.† Tattoo.co.uk. 15 November 2014 Steward, Samuel. Bad Boys and Tough Tattoos: A Social History of the Tattoo with Gangs, Sailors, and Street-Corner Punks, 1950-1965. Portland: Harrington Park Press, 1990. The History of Tattoos Essay -- Body Art Papers A tattoo is a permanent mark or design made on the skin by a process of pricking and ingraining an indelible pigment into the punctures or by raising scars. This is the definition; however, to many a tattoo has more of an abstract, personal meaning. Tattoos symbolize individuality, experiences, status, religion, and art. They come in many shapes, sizes, colors, designs, and styles. The history behind the tattoo is just as fascinating as the tattoo itself. Whether flaunted or hidden, sought as art or bought out of a whim, the tattoo has left its mark on generation after generation (Krakow). The purpose of tattooing varies from culture to culture, person to person, and its place on the time line. The essay will examine the following eras: BC and tribal, 20th century, and modern. It is noted that tattooing (a Tahitian word meaning â€Å"to mark something†) has existed since 12,000 years BC. As noted in â€Å"A Brief History of Tattoos,† women in Borneo tattooed their symbols on their forearm indicating their particular skill. If a woman wore a symbol indicating she was a skilled weaver, her status as prime marriageable material was increased. In tribes, tattoos around the wrist and fingers were believed to ward away illness and bad spirits. In recorded history, the earliest tattoos can be found in Egypt during the time of the erection of the great pyramids. As the Egyptians expanded their empire, the art of tattooing spread along with it. The civilizations of Crete, Greece, Persia, and Arabia picked up and expanded the art form (â€Å"A Brief History of Tattoos). The Greeks used tattooing for communication among spies by identifying them and showing their rank. Romans marked criminals and slaves, a practice still carried on today. Arou... ...on, Michael. â€Å"Tattooing and Civilizing Processes: Body Modification as Self-Control.† La Revue Canadienne de Sociologie et d'Anthropologie 41 (May 2004): 125-146 Demello, Margo. Bodies of Inscription: A Cultural History of the Modern Tattoo Community. Durham: Duke University Press, 2000. Garcia, Tomas (Keepsake Tattoo). Personal interview. 10 Nov. 2014 Hawkes, Daina, Charlene Senn, and Chantal Thorn. â€Å"Factors That Influence Attitudes toward Women with Tattoos.† Sex Roles: A Journal of Research 50 (May 2012): 125-146 Krakow, Amy. Total Tattoo Book. New York: Warner Books, Inc., 1994. Sace, Paul. â€Å"History of Tattoo.† Tattoo.co.uk. 15 November 2014 Steward, Samuel. Bad Boys and Tough Tattoos: A Social History of the Tattoo with Gangs, Sailors, and Street-Corner Punks, 1950-1965. Portland: Harrington Park Press, 1990.

Analysis of Pearl Harbor the Movie Essay -- Jerry Bruckheimer Film

Pearl Harbor The movie Pearl Harbor directed and produced by Jerry Bruckheimer was released in 2001. This highly praised movie allows the audience to carefully watch a movie that is based on a day that started the United States' involvement in World War II. The movie begins with a two boys, Danny Walker and Rafe McCawley, who have grown up hoping to become involved in the United States military and slowly changes to the life, excitement, and hardships of being involved in the war. Rafe is one of the best fighter pilots in the regiment and falls in love with a beautiful nurse, Lt. Evelyn Johnson. As the United States tries to help the British, Rafe volunteers to go to London. After several months he supposedly dies when shot down by a German aircraft. This devastating news is told to Lt. Evelyn Johnson by Danny Walker who is still trying to deal with the situation. A few months went by and Lt. Evelyn Johnson and Danny Walker fall in love. Being alone during a time of war was not an idea l situation, one that all military men and women hated. They found themselves to be compatible and in love. They enjoyed their relationship together until news is delivered to Danny that Rafe is still alive. During all this time United States avoids involvement would in the war because they felt that their involvement would not have an impact. The relationship with Danny and Evelyn progresses and so did the war. It is on December 7, 1941 when the Japanese attacked Pearl Harbor. In the movie Pearl Harbor, Bruckheimer attempts to describe what happened on Sunday December 7, 1941 as accurately as possible. However, no matter how hard Bruckheimer tries to present this event historically it will be unclear because it is used primarily ... ...roximity, and pre-judgments. Why did he/she create the movie or book? Where did he/she find his/her resources? How did he/she gain his/her knowledge? However once a person learns how to analyze this they will be able to become more objective when thinking about history. Bibliography Arthur, Max. Forgotten Voices of World War II. Great Britain: Ebury Press, 2004. Bard, Mitchell. The Complete Idiots Guide to: World War II. New York: Alpha Books, 2004 Burlingame, Burl. Advance Force, Pearl Harbor. Annapolis, MD: Naval Institute Press, 1992. Mullener, Elizabeth. WAR STORIES, remembering World War II. New York: Berkley, 2002. Nash, Gary, and others. American Odyssey. Multimedia edition. New York: 1997 Pearl Harbor. Director Jerry Bruckheimer. Touchstone Studios, 2001. Willmott, H.P. Pearl Harbor. New York: Sterling Publishing, 2001.

Chichen Itza

Chichen Itza (pronounced /tÊÆ'iË Ã‹Ë†tÊÆ'É›n iË Ã‹Ë†tsÉ‘Ë /;[1] from Yucatec Maya: Chi'ch'à ¨en ÃÅ'itsha',[2] â€Å"at the mouth of the well of the Itza†) is a large pre-Columbian archaeological site built by the Maya civilization located in the northern center of the Yucatà ¡n Peninsula, in the Yucatà ¡n state, present-day Mexico. Chichen Itza was a major focal point in the northern Maya lowlands from the Late Classicthrough the Terminal Classic and into the early portion of the Early Postclassic period. The site exhibits a multitude of architectural styles, from what is called â€Å"Mexicanized† and reminiscent of styles seen in central Mexico to the Puuc style found among the Puuc Maya of the northern lowlands. The presence of central Mexican styles was once thought to have been representative of direct migration or even conquest from central Mexico, but most contemporary interpretations view the presence of these non-Maya styles more as the result of cultural diffusion. The ruins of Chichen Itza are federal property, and the site’s stewardship is maintained by Mexico’s Instituto Nacional de Antropologà ­a e Historia (National Institute of Anthropology and History, INAH). The land under the monuments had been privately-owned until March 29, 2010, when it was purchased by the state of Yucatan.[3] he Maya name â€Å"Chich'en Itza† means â€Å"At the mouth of the well of the Itza.† This derives fromchi', meaning â€Å"mouth† or â€Å"edge†, and ch'e'en, meaning â€Å"well.† Itzà ¡ is the name of an ethnic-lineage group that gained political and economic dominance of the northern peninsula. The name is believed to derive from the Maya itz, meaning â€Å"magic,† and (h)à ¡, meaning â€Å"water.† Itzà ¡ in Spanish is often translated as â€Å"Brujas del Agua (Witches of Water)† but a moNorthern Yucatà ¡n is arid, and the rivers in the interior all run underground. There are two large, natural sink holes, called cenotes, that could have provided plentiful water year round at Chichen, making it attractive for settlement. Of the two cenotes, the â€Å"Cenote Sagrado† or Sacred Cenote(also variously known as the Sacred Well or Well of Sacrifice), is the most famous. According to post-Conquest sources (Maya and Spanish), pre-Columbian Maya sacrificed objects and human beings into the cenote as a form of worship to the Maya rain god Chaac. Edward Herbert Thompson dredged the Cenote Sagrado from 1904 to 1910, and recovered artifacts of gold, jade,pottery, and incense, as well as human remains.[7] A recent study of human remains taken from the Cenote Sagrado found that they had wounds consistent with human sacrifice.[8]

Domestic Violence Essay

The Negative Results of Childhood Exposure to Domestic Violence The phrase â€Å"domestic violence† typically refers to violence between adult intimate partners. It has been estimated that every year there are about 3.3 to 10 million children exposed to domestic violence in the confines of their own home (Moylan, Herrenkohl, Sousa et al. 2009). According to research conducted by John W. Fantuzzo and Wanda K. Mohr(1999): â€Å"[e]xposure to domestic violence can include watching or hearing the violent events, direct involvement (for example, trying to intervene or calling the police), or experiencing the aftermath (for example, seeing bruises or observing maternal depression)† (Fantuzzo &ump; Mohr, 22). The effects of exposure can vary from direct effects such as behavioral and developmental issues to interpersonal relationships, all of which lead to detrimental prospects on the child’s development. This paper will explore those effects and how it affects children . Exposure to violence in the first years of life brings about helplessness and terror which can be attributed to the lack of protection received by the parent. The child can no longer trust their parent as a protector (Lieberman 2007). This lack of trust early in life can bring about serious problems later in life, as there is no resolution to the first psychosocial crisis, trust vs. mistrust. For these children exposed to domestic violence, the imaginary monsters that children perceive are not only symbolic representations or a dream. The monsters that children who witness domestic violence have to deal with carry the reflection of their parents. Children who witness domestic violence face a dilemma because the children’s parents are at their most frightening exactly when the child needs them the most. The security of the child is shattered as their protector becomes the attacker in reality and the child has nowhere to turn for help (Lieberman 2007). â€Å"Exposure to family and community violence is linked with aggressive behavior. One of the theoretical perspectives that explains this link is social learning theory, according to which children learn from the aggressive models in their environments. Additionally, victimization may compromise children’s ability to regulate their emotions, and as a result they may act out aggressively† (Margolin &ump; Gordis 2004, 153). â€Å"Posttraumatic stress symptoms and posttraumatic stress disorder (PTSD) are important consequences of exposure to violence because they can impair social and behavioral functioning† (Margolin &ump; Gordis 2004, 153). Research has shown that children exposed to domestic violence demonstrate impaired ability to concentrate, difficulty with schoolwork, and significantly lower scores when their verbal, motor, and cognitive skills were being tested (Fantuzzo &ump; Mohr). It seems as if the academic and cognitive difficulties from exposure affec t the child possibly through its impact on psychological functioning. For example, PTSD and depression may hinder with learning and the ability to perform well in the classroom (Margolin &ump; Gordis 2004). Researchers have found a positive correlation between externalizing (aggression) and internalizing (lowered self esteem, depression, anxiety) and domestic violence exposed children. Children exposed to domestic violence have been found to be four times more likely to develop internalizing or externalizing behavior problems than children who are not exposed to violence. The disruption of the development of basic competencies harms the child’s ability to manage emotions effectively and increases internalizing and externalizing behaviors (Martinez-Torteya et. al., 2009). This is particularly problematic for preschool aged children as younger children display more intense externalizing and internalizing behavioral responses to parental conflict than older children do (Ybarra, Wilkens, &ump; Lieberman 2007). These responses are due in part to less mature cognitive skills. Because these skills have not advanced yet, there is an increase in the likelihood of the child expressing psychological vulnerabilities following the conflict because of cognitive errors. Exposure to domestic violence compromises interpersonal relationships that are the foundation of children’s daily lives in addition to having direct effects. â€Å"Social support is a key buffer against the negative effects of violence. Because parents are key sources of social support, the disrupted parenting associated with family violence may exacerbate negative effects of exposure to violence. More generally, children exposed to violence may be sensitized to hostile interactions and may have difficulty negotiating peer conflicts. These interpersonal difficulties can rob children of social support and increase their risk for associating with deviant peers† (Margolin &ump; Gordis 2004, 154). In a study conducted by C. McGee, it was reported that many children found it difficult to develop friendships for reasons such as holding back from others as well as fear of inviting others to their home (Adams 2006). In conclusion, it is clearly shown that domestic violence has a negative effect on the children who witness it. An expanding body of research suggests that childhood trauma and adverse experiences can lead to a variety of negative health outcomes (Anda &ump; Chapman &ump; Dube &ump; Felitti &ump; Giles &ump; Williamson, 2001, p.1). In fact, childhood stressors such as witnessing domestic violence and other household dysfunctions are highly interrelated and have a graded relationship to numerous health and social problems (Anda &ump; Chapman &ump; Dube &ump; Felitti &ump; Giles &ump; Williamson, 2001, p.2). It is obvious and clearly shown that the children who witness domestic abuse have serious long term mental effects.