Sunday, December 29, 2019

Bp/Amoco Merger Acquisition - 6130 Words

| BP Amoco/Arco Merger | Merger and Acquisitions Term Paper | | | 12/10/2012 | | Contents Time Line of Events 3 Introduction 4 Industry Analysis 5 Overview of ARCO s Business 7 Overview of BP Amoco’s Business 7 Value Creation from the Merger: 8 Competitors Analysis 9 Antitrust Issues 11 FTC Arguments 12 What Happened? 14 Divestitures 14 Phillips Acquires ARCO Alaska 15 FTC dissent 16 Performance and key Financials 17 Annual Shareholder’s meeting: 19 Conclusion: 20 Time Line of Events April 01, 1999: Merger confirmed by BP amp; ARCO. Deal valued at $26.8 bill. 400 layoffs expected in AK (2000 worldwide); Gov. announces formation of task force consisting of Attorney General†¦show more content†¦Governor issues press release applauding announcement and asserting that the deal preserves most points from his Charter Agreement. | | March 21, 2000: Merger Committee sends letter to FTC Chairman Robert Pitofsky endorsing Phillips Petroleum s purchase of ARCO Alaska s assets, signed by Halford, Pearce amp; Porter. Merger committee issues release endorsing Phillips acquisition of ARCO Alaska s assets and recommending FTC Approval of BP/ARCO Merger. | | March 24, 2000: Exxon sues to block merger.April 26, 2000: Phillips Petroleum announces it has completed its acquisition of ARCO s Alaskan businesses. | | | Introduction In March 1999 British Petroleum Amoco (BP) announced its intention to acquire the Atlantic Richfield Company (ARCO) for $25.6 billion in stock, by exchanging 1.64 BPA U.S. ADR share for every outstanding share of ARCO (9.84 U.K. ordinary share), post-BPA stock split. On 1 April 1999 the Boards of BP Amoco and ARCO announced that they had reached agreement on a proposed combination of their two companies. The enlarged group will initially be held as to 85% by BP Amoco shareholders and 15% by ARCO shareholders. The BP/ARCO deal was one of the largest oil mergers ever and attracted a lot of public attention as well as antitrust scrutiny. The merger raised fundamental antitrust concerns that could be alleviated only by majorShow MoreRelatedFinance5383 Words   |  22 PagesIntroduction As part of my assignment, I have been asked to discuss the following statement â€Å"Mergers and acquisitions can be value destroyers or value creators†. A merger can be defined as when two equal businesses in terms of profit margin and status, combine in order to become one legal entity. Initially, the fundamental reason for this merge is to produce a company that is worth more than the sum of its parts. An acquisition is where one company acquires a controlling interest in another company. The combinationRead MoreBp-Amoco Merger2996 Words   |  12 Pagesbefore Merger 1.1 British Petroleum Company British Petroleum Company (BP) is a British multinational oil and gas company. It is the third-largest energy company and fourth-largest company in the world. It is vertically integrated and operates in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy activities in biofuels and wind power. BP has operationsRead More Analysis of the Oil Industry Essay7118 Words   |  29 Pagesbreak into the U.S market. Though it took many years to get in British Petroleum was able to start with a selective group of stations and build from there. BP, Chevron, and ExxonMobile today make up three of the biggest in the oil industry. (Chevron Official Website) These three companies have all been created by many purchases and mergers over the last hundred years and must be described to have a better understanding. It was the demand for low oil prices, convenience, and superior quality thatRead MoreBp 7s Analysis10000 Words   |  40 PagesBP plc[3][4]  (LSE:  BP,  NYSE:  BP) is a British  multinational  oil  and  gas  company headquartered in London, United Kingdom. It is the third-largest energy company and  fourth-largest company in the world  measured by 2011 revenues and is one of the six oil and gas supermajors.[5][6]  It is  vertically integrated  and operates in all areas of the oil and gas industry, including  exploration  and  production,refining,  distribution and marketing,  petrochemicals,  power generation  and  trading. It also has  renewableRead MoreBp 7s Analysis10010 Words   |  41 PagesBP plc[3][4]  (LSE:  BP,  NYSE:  BP) is a British  multinational  oil  andà ‚  gas  company headquartered in London, United Kingdom. It is the third-largest energy company and  fourth-largest company in the world  measured by 2011 revenues and is one of the six oil and gas supermajors.[5][6]  It is  vertically integrated  and operates in all areas of the oil and gas industry, including  exploration  and  production,refining,  distribution and marketing,  petrochemicals,  power generation  and  trading. It also has  renewableRead MoreHow Business Can Grow Faster Than Normal1677 Words   |  7 Pagesbroken up into two different types mergers and acquisitions. A merger is the combining of two or more companies, this decision is usually mutual between both firms, and it works usually by offering the stockholders of one-company securities in the acquiring company in exchange for the surrender of their stock. An acquisition is when a company buys most, if not all, of another company s ownership stakes so that they assume control of the target company. Acquisitions are often used as part of a companyRead MoreThe leadership and environment impact of BP international2274 Words   |  10 PagesThe purpose of this paper is to study the ethical leadership of a leader within a fortune 500 company. The paper will discuss the history and current information of British Petroleum (BP). It will describe their mission, vision, and value statements. It will provide detailed information on Tony Hayward and his leadership style. It will discuss the company’s culture of command and control, cost cutting, and lack of accountability. It will review their stance on ethics and corporate social responsibilityRead MoreExxon Mobile Merger13851 Words   |  56 PagesForthcoming Journal of Applied Finance, Financial Management Association The Exxon-Mobil Merger: An Archetype J. Fred Weston* The Anderson School at UCLA University of California, Los Angeles jweston@anderson.ucla.edu February 26, 2002 Fred Weston is Professor of Finance Emeritus Recalled, the Anderson School at the University of California Los Angeles. Thanks to Matthias Kahl, Samuel C. Weaver, Juan Siu, Brian Johnson, and Kelley Coleman for contributions. The paper also benefited fromRead MoreBritish Petroleums Marketing Strategy in a Changing Business Environment3952 Words   |  16 PagesBP s Marketing Strategy in Changing Business Environment 1. Introduction Multinational corporations operating in complex and diverse political, economic, social and cultural environments have to improve, adjust and develop their marketing strategies on a regular basis (Bamberg, 2009:46). Changing environmental factors create new conditions for their operating, which often require considerable and serious changes in strategic decision-making and positioning of companies. Inflexible andRead MoreJoint Ventures, Strategic Alliances and Mergers Acquisitions3371 Words   |  14 PagesJoint Ventures, Strategic Alliances, Collaborations and Merger and Acquisitions Questions | Q1. Why is a Joint Venture (JV) preferable to more general collaboration form of the Strategic Alliance? Q2. What are the relative merits and weaknesses of JVs and SAs? Q3. Why would company seek Mamp;A as a market entry strategy? What are the advantages and disadvantages of Mamp;A? why might a merger fail and what might be the outcome? Q4. What are the relative merits/ disadvantages of JVs, SAs, and

Friday, December 20, 2019

The Holocaust And The Eugenics Movement - 2285 Words

When you see a Nazi flag, what do you feel? Many people usually start to feel a little anxiety because they associate very strong negative feelings with the flag. This is because Americans are widely familiar with the atrocities committed by Nazi Germany. However, most Americans are quite less educated about similar atrocities committed in the United States. Case in point: did you know that the Native American population today is a mere 10 percent of what it was before the Age of Exploration (meaning that there population has been decreased 90 percent due to genocide, diseases, etc.) ? Did you know that there was a sterilization movement in the United States that found success in getting their laws passed in state legislation? These less well-known facts are quite similar to actions carried out by the Nazis, such as the holocaust and the sterilization movement that took place in Germany during the 1930’s. Nazi Eugenics and racism was not a unique instance but rather part of a larger global trend of justifying racism through Religion and Biology, as seen in the United States. Anti-Semitism dates back to the conception of Christianity. Because Jesus was Jewish, the steadfastness of the Jews in their beliefs is a stumbling block to Christians. Judaism is the older of the two religions, Christianity stemming from Judaism. Christianity, then, was supposed to be the renewal of the old Jewish ways; thus, the Jewish people are supposed to convert to Christianity. Also, Jesus wasShow MoreRelatedEugenics And The Eugenics Movement1512 Words   |  7 PagesEugenics is the pseudoscience of obtaining desired traits in a population through controlled repopulation, specifically by preventing those deemed â€Å"unfit† by â€Å"Nordic stereotypes† from breeding. Most modern day Americans do not realize the origins of eugenics, which was planted by Charles Darwin and Sir Francis Galton and bloomed in America, and what effect it had on the attempt to create a master race in Nazi Germany. America played a very influential role in German eugenics by collaborati on betweenRead MoreEugenics And The Eugenics Movement1559 Words   |  7 Pagespaved with good intentions; this clichà © quintessentially describes the eugenics movement. Eugenics is the controlled reproduction of individuals; the main focus of eugenics is to isolate â€Å"good† genes from â€Å"bad† genes (Dolan DNA Learning Center). The main goal of Eugenics is to create a higher quality human race (Dolan DNA Learning Center). This movement became the center of which the twentieth century orbited around. The movement swayed numerous significant policies, which were implemented within theRead MoreEugenics And The Eugenics Movement1530 Words   |  7 Pagesthat was paved with good intentions†; this clichà © quintessentially describes the eugenics movement. Eugenics is the controlled reproduction of individuals; the main focus is to isolate â€Å"good† genes from â€Å"bad† genes (Dolan DNA Learning Center). The primary goal of Eugenics is to cre ate a higher quality human race and became the center of which the twentieth century orbited around (Dolan DNA Learning Center). The movement swayed numerous significant policies, which were implemented within the UnitedRead MoreThe Eugenics Movement During The 20th Century1339 Words   |  6 Pages Elements of the American Eugenics movement acted as models for the Nazis, whose radical interpretation of the movement lead to the Holocaust (Dolan DNA Learning Center). Eugenics is simply the controlled reproduction of individuals with â€Å"good† genes and discouraging those who have â€Å"bad† genes against reproduction (Dolan DNA Learning Center). Many Eugenicists lobbied for social legislation to keep racial and ethnic groups segregated. They also sought to restrict immigration and sterilized thoseRead MoreHitler’s Roots in Darwin One would agree that the Nazi holocaust actually happened and was600 Words   |  3 Pageswould agree that the Nazi holocaust actually happened and was devastatingly tragic. It is also not a very great jump of faith to realize that one of the many factors that produced the holocaust and possibly World War II was the belief in survival of the fittest and if the fit were to survive as part of evolutionary progress the weak must be eliminated. Hitler and his supporter’s motives are very hard to diagnose. As the title of this paper suggests, the role of Darwin’s eugenics played a significant roleRead MoreMotives Behind Genocide : Genocide Negatively Affects Perpetrators By Perpetuating Distorted Thinking About The Self And Others1628 Words   |  7 Pagesones mind. Eugenics, socioeconomic statuses, and racism are three of many factors that contribute to the motives that inspire genocide. The New Oxford Dictionary defines Eugenics as, â€Å"the science of improving a human population by controlled breeding to increase the occurrence of desirable heritable characteristics†. The desire to create a perfect human is impossible no matter how hard people try. The world is an imperfect place filled with imperfect people. The science of eugenics gives a falseRead MoreWar Against The Weak : Eugenics And America s Campaign1193 Words   |  5 PagesAmerican philosophers, theorists, and scientists began experimenting and theorizing the idea of eugenics. Derived from Darwinian theories and the extensive works of Gregor Mendel, eugenics is known as a set of practices aimed at enhancing the human genome into sameness. Edwin Black’s â€Å"War Against the Weak: Eugenics and America’s Campaign to Create a Master Race† looks at the horrific background of eugenics, the ones who supported it, and the twisted ends it came to. This source, along with the two o thersRead MoreEugenics Essay1545 Words   |  7 PagesEugenics, the word that got its bad reputation years ago through an event that changed history: the Holocaust. First dubbed by Francis Galton in the 1880’s, the word Eugenics stemmed from the words â€Å"good† and â€Å"generation.† (Eugenics-Meanings) Eugenics means the study of or belief in the possibility of improving the qualities of the human species or a human population. This improvement is done through discouraging reproduction by persons having genetic defects or presumed to have inheritable undesirableRead MoreHuman Rights Are The Rights One Is Entitled To Based On1232 Words   |  5 Pagesjustice†. Through this institution, some of the most important human rights documents were ratified, including the Genocide Convention. During World War II, the Holocaust targeted and killed about six million Jews simply due to their religion. The devastating effects of these deaths resulted in the 19 48 Genocide Convention, where the Holocaust was officially recognized as a genocide and genocide was legally defined and criminalized. Most importantly, it ensured the rights of racial and religious minoritiesRead MoreWorld War II : The Idea Of Creating A Master Race1588 Words   |  7 Pagesmany. Whether people know the idea through knowledge of Hitler’s reign committing genocide during the Holocaust, or by knowing his want for blonde hair and blue-eyed citizens. While many know these facts and beliefs, there are still the individuals whom do not know the name behind this social movement, or part of the history and current practices of this movement. This movement is called eugenics, which is practiced through the ideas to remove the undesirable genes and traits of people, but keep what

Thursday, December 12, 2019

Torres Strait Islander Cultural Safety- myassignmenthelp.com

Question: Discuss about theTorres Strait Islander Cultural Safety. Answer: Key Service Area: The service area which has been addressed in this report refers to the provision of employment opportunities to members of the aboriginal community. The importance of this service area could be anticipated in the form of the protection of the basic rights of the members of the aboriginal communities(Andersen, Edwards Wolfe, 2017). The right to culture is a basic right of every individual which keeps them involved inherently with the community, kin, identity and cultural practices. Furthermore, the protection of cultural safety among the aboriginal people refers to the reduction of resilience among the aboriginal people. The service area of providing equal employment opportunities for members of the aboriginal community would be responsible for alignment of the organizational practices with that of the indigenous community(Carey, et al., 2017). Resources: The resources which are required for addressing the gap identified in the service area of providing employment opportunities could be gathered from the community organizations related to protection of aboriginal people and communities(Chalmers, et al., 2014). Employees could also be assumed as a promising resource for an organization and in the case of Myers, it is essential to review the recruitment aspects of aboriginal people. The factors to be reviewed include the locations from where Myers could hire indigenous people as employees. Myers could be able to address the concerns of human resources management through comprehensive references to the emphasis on the primary data acquired from the local aboriginal people as well as communities and associations which could provide a legible impression of the traditional practices, beliefs and norms of the indigenous people. Hiring of aboriginal people could be ensured through the prospects of reserving a particular share of the employmen t for them which would be indicative of the consistent availability of jobs for indigenous people at the organization. Primarily, Myers could be able to accomplish efficiency in its resource management through advertising and communicating with associations responsible for facilitating the employment of aborigines. The training of Aboriginal and Torres Strait Islander people could be complicated aspect in the human resource management of Myers since the indigenous roots of the people create potential gaps for interaction. These resources could be formally influential on the perception of Myers as a culturally safe organization by the Aboriginal and Torres Strait Islander people. Consultation: Some examples of sources from where these resources can be gathered include The National Aboriginal and Torres Strait Islander Health Workers Association which facilitates a comprehensive impression of the notable ethical concerns(Coffin Green, 2016). Theconcerned must be addressed within the context of the identified service area that leads to formulation of effective frameworks for resolving the pitfalls related to cultural safety experienced by the organization. The strategies which could be used for addressing the concerns of Myers to implement a culturally safe working environment for the Aboriginal and Torres Strait Islander People would be largely associated with communication. The consultation with local aborigines, local organizations and Aboriginal Community Controlled Organizations (ACCOs) would allow the organization to frame effective reconciliation action plans and aboriginal inclusive policies that could improve the cultural safety dimension in Myers (Smith, et al., 2015). Thereafter the strategy must involve the integration of aboriginal culture in distinct aspects of the organization which would help in facilitating a sense of identity to the prospective employees from the aboriginal communities. Interactions with the elderly individuals of the aboriginal population could also be assumed as viable sources of consultation for Myers in order to anticipate the differences between general behaviour of aborigines and settlers. Evaluation: The desired primary objective from the prospective action point identified in this report refers to the induction of Myers image as a provider of culturally safe working environment. The potential indicators which could be assumed for validating the outcome refer to the outcomes of the cultural safety training programs, monitoring of the reconciliation action plan and reduction of notable instances of cultural conflict(Townsend, et al., 2017). The measurement of the success of the action plan to address the key service area could also be based on the elements of formidable implications for recognition and respect for cultural credentials and obligations alongside the awareness of the significance of verbal and non-verbal communication styles followed by Aboriginal and Torres Strait Islander people. Expected Enhancement: Myers would be able to ensure the employment of a culturally diverse workforce with the employment of Aboriginal and Torres Strait Islander people. The advantages of the strategies that are included in the action plan would be directed towards improving cultural safety in the organization(Townsend, et al., 2017). One of the formidable highlights of the plan is directed towards communication with the local people from Aboriginal communities as well as associations. This factor would ensure a formidable connection between the organization and community thereby leading to prolific opportunities for Myers to realize employment concerns for the indigenous people effectively. References Andersen, C., Edwards, A. and Wolfe, B., 2017. Finding Space and Place: Using Narrative and Imagery to Support Successful Outcomes for Aboriginal and Torres Strait Islander People in Enabling Programs.The Australian Journal of Indigenous Education,46(1), pp.1-11. Carey, T.A., Dudgeon, P., Hammond, S.W., Hirvonen, T., Kyrios, M., Roufeil, L. and Smith, P., 2017.The Australian Psychological Society's Apology to Aboriginal and Torres Strait Islander People.Australian Psychologist,52(4), pp.261-267. Chalmers, K.J., Bond, K.S., Jorm, A.F., Kelly, C.M., Kitchener, B.A. and Williams-Tchen, A.J., 2014.Providing culturally appropriate mental health first aid to an Aboriginal or Torres Strait Islander adolescent: development of expert consensus guidelines.International journal of mental health systems,8(1), p.6. Coffin, J. and Green, C., 2016. THIS CHAPTERS CENTRAL focus is to demonstrate how Aboriginal constructs, such as the Coffin Cultural Security (CCS) Model and the Cultural Security Continuum (Coffin 2007), offer culturally secure ways forward for Aboriginal and Torres Strait Islander people engaged in and affected by community development processes. We do this by focusing on two community development projects under-taken in the health and local government sectors in rural and regional Western Australia. The motivation for community ....Mia Mia Aboriginal Community Development: Fostering Cultural Security, p.73. Smith, J., Wolfe, C.L., Springer, S., Martin, M., Togno, J., Bramstedt, K.A., Sargeant, S. and Murphy, B., 2015. Using cultural immersion as the platform for teaching Aboriginal and Torres Strait Islander health in an undergraduate medical curriculum.Rural and remote health,15(3), p.1. Townsend, C., White, P., Cullen, J., Wright, C.J. and Zeeman, H., 2017. Making every Australian count: challenges for the National Disability Insurance Scheme (NDIS) and the equal inclusion of homeless Aboriginal and Torres Strait Islander Peoples with neurocognitive disability.Australian Health Review.