Operation and Competition Situation of UK Oil & Gas Industry Essay

Operation and Competition Situation of UK Oil & Gas Industry - Essay Example The major rationale for selecting this industry however is that, regardless of its important place in UK’s economy, growth in the sector has not been steady in the last few years as seen in figure 1 below. The paper therefore tries to critique the cause and finds solutions from the perspective of selected companies. BP was selected to be a general representation of larger oil and gas companies whose daily production is beyond 1,000,000 barrels a day. On the whole, the rationale behind the selection of BP is the diversity and differences it offers in its business and marketing approaches as a large company. The selection of Cairn was for the reason of the fact that the company gave a perfect representation of smaller oil and gas companies whose daily production is below 35,000 barrels a day. The company also uses a focus strategic option, which makes it possible to compare this strategic option with other companies to determine its effects. As depicted in figure 2, it will be seen that in terms of production units, it can be said that the selection of Premier have been made based on medium market size with production above 35,000 barrels but less than 100,000 barrels. This is an important rationale to pursue, given the fact that the individual growth of these companies will turn out to be collective growth of the oil and gas industry in the UK (Ferguson, 2004). Gross profit margin: This is a type of profitability financial ratio that measures financial health by estimating proportion of money left over from the company’s revenues after accounting for the cost of goods sold (COGS) (Weston, 1990). This gross profit margin is selected to determine how financially healthy the companies are, which is; Net profit margin: This is another profitability measure that determines how much each pound earned by the company is turned into profits (Houston and Brigham, 2009). This is selected in the study to

Personal Essay Example | Topics and Well Written Essays - 1250 words

Personal - Essay Example Secondly, one has to ensure that the business they are operating abides with the law. Dealing with un-licensed and illegal businesses has been one crime that the government has been fighting for many years. Those arrested due to operation of such businesses have always faced harsh penalties, in accordance with the set laws. Therefore, this paper seeks to answer some of the life questions that working adults have to resolve in their lives. What keeps me awake at night every day are my goals and priorities. Every night, I have to ensure that my day’s plans are accomplished. This is to ensure that I start my day without carrying forward any unaccomplished tasks. I have set my daily goals in which they have to be accomplished. Failure to accomplish them is an indication that my work is lagging behind. That is another indicator of laziness and lack of focus in life. This is the reason I have to ensure that a day’s target is achieved. Planning next day’s targets is another reason to stay up late at night. As the manager of my life, it’s my duty to ensure that I have outlined the things that am supposed to do and what I have to achieve on that day (Todd, 25-34). Therefore, no matter how engaging my day may have been, I must plan the next day’s targets and the way to achieve them. I believe in the slogan that says â€Å"failure to plan is planning to fail.† I have come to realize tha t those who go to bed without analyzing their accomplishments and their failures do not move forward. Therefore, I have made it a habit to analyze all that I have accomplished daily and what I have not. In addition, I have to get a reason for my failure to accomplish a certain task so that I may not repeat the mistake in future. Looking around my friends and those close to me, I get scared since I realize they do not have plans for the future. By future I mean plans for the next second, minute or day. Many of them

Science Report About Education Process Essay Example for Free

Science Report About Education Process Essay There is one fact, and that is that children are curious about everything, and a good way of promoting this is by letting them find and explore new things in their daily lives and in the classroom. So it is essential for them to seek for answers and solve problems. I find it interesting how children are so true and honest about everything they do, for example, when they are looking for something in specific, they get engaged with it and encourage themselves to keep searching until they get the answers. So, if they do this in their daily lives, why not applying this in their learning basis? Children need to work with concrete activities, so that it is easier for them to motivate themselves and develop knowledge in the topic. If we want our students to have a positive attitude in each activity they develop during class, then as a teacher we must have it as well. As an educator, we have to be engaged with science, and we don’t need to be a biologist to work with it, we just have to make research about the topics, the materials used in class, what is appropriate to use in the classroom, and that sort of things. So as a teacher, it’s all right being messy, however we must be organized at all times. Something that I really captured about the reading is the importance of letting children learn with each activity by using their senses. I think the use of senses is probably the best way to provide a well elaborated work. Such as: letting them smell new natural smells, finger-play with different materials or by planting flowers or different vegetables, by looking at pictures and recognizing each element, and also by tasting maybe a vegetable (the teacher needs to do research about it), but still giving them the possibility of experimenting with each activity, and working concretely. Diversity is the key to working in and with science, so it is necessary and essential to bring science to the classroom to engage each student in discovering and building new ideas.

The Stock Market :: GCSE Business Marketing Coursework

The Stock Market Have you ever noticed how everyone thinks they know what is best for you? Everyone telling you what to do when you are the only one who knows what is the best for you. You maybe wondering what this is about, would you believe me if I told you it is about the stock market. Well it is, you may have thought that this had nothing to do with the stock market, but actually it is everything about the stock market. Why trust everybody else when you can invest yourself ? Develop your own system of trading and get started. This may raise another question, " How can I find the right stock and buy them with out the assistance of a stock broker?" In the following information I will take you through the process of finding hot stock picks and turning them into tremendous profits. Eventually you will even develop a trading system. First of all lets get the basic steps down before we move to the more advanced steps. The two main ways to make money in the stock market is from dived ends and buying low and selling high. To make great outrageous profits you will have to riley on buying low and selling high. This is very easy to say but very difficult to do. With dived ends you will receive a small percentage gain every quarter of the year, this helps with your profits but not much. To buy low and sell high you first have to find some stocks or funds. With this information and your motivation with stocks you can rule the world! O.K. maybe not the world but definitely your own portfolio. Now that you have the main concepts down we can move on and try to find some hot stocks. You never want to buy over bought stocks, because over bought stocks means that they are over valued. If you bought a over valued stock chances are that you bought high, and this may force you into selling low and take a loss. An easy way to get a round about feel for a stock to see if it is over or under valued is to look at its PE ratio.

Ssm is a qualitative methodology

IntroductionSoft Systems MethodologyDefinitionSoft systems methodological analysis ( SSM ) is a systemic attack for covering with real-world job state of affairss. Peter Checkland and his co-workers developed soft systems methodological analysis from system theory at Lancaster University in the United Kingdom. SSM is a qualitative methodological analysis and was developed utilizing action research so that it is besides treated as a theoretical methodological analysis. The bosom of SSM is a comparing between the universe as it is, and some theoretical accounts of the universe as it might be.Out of this comparing originate a better apprehension of the universe ( â€Å"research† ) , and some thoughts for betterment ( â€Å"action† ) . ( See Figure 1 )Use of SSMInitially, the systems can be divided into two facets: proficient and human activity systems. However, human activity systems are much harder to pattern. The people ‘s place, people ‘s action and their relationship are involved. Therefore, it is more complex and mutable. Soft Systems Methodology places an accent on human activity systems. Furthermore, SSM is peculiarly used at the analysis phase of developing information systems. It is non a methodological analysis to cover all phases of the systems development life rhythm ( SDLC ) . However, SSM is extraordinary good at elaborating political and soft, people-oriented issues. Furthermore, it refers to job state of affairs instead than jobs. lAny composite, organisational, ill-structured, fuzzed, soft, and dynamic job state of affairsThe 7-Step Description1 The job state of affairs: unstructured The purpose of first measure is to understand the job state of affairs and addition as many different positions as possible. 2The job state of affairs: expressed Then is this phase, the research worker produces a elaborate presentation, a â€Å"rich picture† , of the state of affairs. Rich pictures show stakeholders, their duty, cardinal interactions, struggles, political issues and concerns. This measure is frequently done graphically. 3Root definitions of relevant systems After that, the root definitions of relevant systems are identified. Root definitions are intended to depict both political and personal premises. The root definition is frequently produced by CATWOE checklist in order to do certain all of import points are included.Client ( people who affected by the system )Actor ( people who convert inputs to end products )Transformation ( the alterations that take topographic point )Weltanschauung ( the relevant universe position or premises )Owner ( people who has the power )Environment ( the wider system or restraints )4Building conceptual theoretical accounts This measure is to pull conceptual theoretical accounts utilizing the root definition. A conceptual theoretical account exhibits the activities of the systems that represented in the root definition. 5Comparing conceptual theoretical accounts with world Compare and contrast the conceptual theoretical account with the rich image is considered in this measure. The purpose of is to look into the apprehension is right and whether the conceptual theoretical account can dress the job struggles. 6Assess whether the alterations are executable and desirable After comparing, suggested alterations are identified and evaluated.Those alterations can probably to change in desirableness and feasibleness: Desirability: Does it better technically? Feasible: Does it suit the civilization? 7Action to better the job state of affairs The recommendation will set into pattern.Analysis the CaseBackgroundBirths, deceases and matrimonies ( BDM ) in Salford Council has a long history. BDM office provides services such as registry a birth, decease or matrimony certifications, and aid with following household braid. As the services are more and more popular, the Salford Online Archive and Retrieval system ( SOLAR ) is introduced.Current Existing ProblemBDM staff reported trouble in covering with the clients during peek times.Long waiting lines developed at the response desk and the other service centres during popular times.Conflicts between the clients and staff happened.The contrasting demands of two different clients groups are hard to manage at the same time.Reasons why SSM is AppropriateThere are five major grounds why SSM is appropriate. First of wholly, the jobs of BDM office are decidedly organisational, ill-structured jobs. Soft Systems Methodology focuses on the human activities systems. And it is good at clear uping political and soft, people-oriented issues. After that, there are many different positions of the systems their demand in BDM state of affairss. SSM is besides such a methodological analysis that can cover with complex organisational and political job state of affairss where those involved lack a common understanding good. Additionally, the assorted facets of the jobs are extremely interrelated in the state of affairs of BDM. So if alteration one facet is likely to hold a enormous impact on other facets. As a systemic methodological analysis, SSM is helpful to develop such a moderately holistically understanding of the correlativities of the assorted facets of the job state of affairs. Furthermore, the intent of SSM is to transport out betterments in a state of affairs perceived as debatable. Meanwhile, SSM does non try to work out ‘the job ‘ but to ease a acquisition procedure which allows its users to bit by bit develop a more comprehensive apprehension of the state of affairs under survey. As a consequence, stakeholders are more likely to make understandings about what alterations in the state of affairs the involved parties can populate with. Finally, SSM uses a set of specific techniques and strict tools to see a â€Å"messy† job. Techniques contains†¦ †¦Application of SSMPhase 1 and 2In order to develop rich image of this instance, it is critical to derive as many different positions as possible.The stakeholders consist of clients, BDM Office staff, directors of the BDM Office, the possible spouses and the advisers of Salford City council.Client: We want to bask quality service and support.BDM Office staff: We were enthusiastic about the proviso of the call Centre services because it could liberate up the specializer resources, cut downing force per unit area and assisting to cut down the waiting clip for clients.Directors: We concerned on the current bing jobs and we can merely work out these jobs every bit shortly as possible.Potential spouses: We are interested in the proposals made by advisers which can do the populace services to be organized.Advisers: We concerned on more incorporate attack for future service development which can do the public service organized.Phase 3After set uping rich ima ge, root definitions of two relevant systems in phase 3 should be considered. The well-known CATWOE checklist will be used to place cardinal elements of the root definition.Phase 4Once the root definitions have been established, conceptual theoretical accounts that describe the activities should be conducted at phase 4. Therefore, the root definition of clients will be used to develop the conceptual theoretical account.Phase 5

Happy employees are more productive Free Essay Example, 1000 words

In many corporations, workers are stimulated by the existence of opportunities for further development. According to Bockerman and Ilmakunnas (297), workers who perceive that there is no opportunity for them to grow further are not contented with their jobs even if they have good salaries or wages. This discontentment can result in the search for new jobs. The existence of factors such as career developmental support in the form of career mentoring and training opportunities is what is most important for workers who may have undeveloped skills that they wish to polish. The existence of satisfactory training and mentorship programs is another factor that contributes to the overall satisfaction of workers. This is also beneficial for the company because it can provide opportunities for the workers to be guided towards developing a culture that is commensurate to the expectations of the executives. According to Baicker, Cutler, and Song, assisting newly employed workers to get acclimat ed to their responsibilities is something that can contribute to them developing their potential later on (311). Another way in which companies can seek to ensure that they have satisfied workers is by providing bonuses for them where necessary. We will write a custom essay sample on Happy employees are more productive or any topic specifically for you Only $17.96 $11.86/page Workers will also be contented with their work if they are provided with the independence they require in order to realize their own objectives in their responsibilities. For example, if workers are allowed the freedom to be able to interpret the requirements of their jobs as they comprehend them, they are more likely to go out of their way to perform the jobs to perfection (Govindarajulu and Daily 379). If, however, they have to deal with the reality that the permission of executives is needed for every small step, they will feel that their instincts are not trusted; and will be reluctant to commit themselves to the tasks with the same ardor. Creating a good culture in the workplace will also bring employee satisfaction. This could be translated into reasonable working hours, or even, in some circumstances, allowing for the inclusion of soothing music.

The True Power Of Music - 1181 Words

Music is an important factor to the life of every human. It invokes the the strongest of emotions and can trigger long forgotten memories, even after years of suppression. Humans tend to take the mysterious power of music for granted, however after this paper I hope to reveal the true power of music and how it could be the greatest things to have ever happen. All throughout history, music follows and evolves with mankind to become a natural occurrence where without music, the world would feel empty, why might that be? Ben Mauk, a contributor to Life’s Little Mysteries, believes, â€Å"As stimulation for food and sex are important for an organism s survival, the fact that similar neural activity is observed in responses to features in music suggests that there could be some evolutionary advantage to the ability to hear — or hum — a good tune† (Mauk). While Mauk’s belief of music’s existence is because of instinctive stimulation, I believe musi c is popular because of the multitude patterns that the human brain can follow. The human brain attempts to find patterns in everything it performs, for example a worker performing their daily tasks but when they break that system they may be unsure what to do with their extra time. Even though we might disagree in the invention of music but we could both agree on that music brings people together. On the other hand, Tom de Castella, a writer for BBC News Magazine, would argue, ‘It can be lonely travelling through public space and usingShow MoreRelatedWhy Country Music is better than Rap687 Words   |  3 Pagesthe world today, music has become a big influence on everyone. With the power of music, each person has the ability to accomplish goals even if the music is country or rap. Most people believe that music can change a person’s mood or behavior which is true. 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