How I Intend to Practice as an Ethical Petroleum Engineer As an engineer‚ I am obligated to take cognizance of the codes of conduct of my profession. However‚ as a human being‚ I am not driven by mere obligation‚ but by a desire to exercise virtuosity for the good of society. Voltaire‚ a French philosopher‚ wrote that‚ “with great power comes great responsibility.” Engineers‚ likewise‚ should bear a responsibility to promote the safety and welfare of society; to use their knowledge and serve
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Corporate-level strategy is focused mainly on the decisions over the scope of the firm ’s activities‚ mainly: product scope‚ geographical scope‚ and vertical scope. One of the myths of corporate-level strategy is that strategy formulation can be separated from implementationthat strategy is constructed first‚ then the appropriate management and organizational structure is selected afterwards. Unfortunately‚ this will result in a poorly designed strategy since it does not take into account the
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mergers create value? This paper studies the market reaction to vertical mergers and explores the many rationales for vertical integration proposed in the industrial organization literature. Abnormal returns for vertical merger announcements are positive until the late 1990s‚ and turn negative afterward. Acquirers suffer most of the losses. We find support for the most fundamental insight in the industrial organization literature‚ namely‚ that vertical mergers generate the greatest value when undertaken
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the Values In 2003‚ CEO Sam Palmisano authorized a bold effort to refresh the values via an IBM “values jam‚” two 72-hour Web chat sessions about what IBM stands for‚ open to every IBMer in the world. When he presented the plan to the IBM board‚ one of the directors‚ a former CEO‚ questioned him about whether this was “socialism.” Palmisano explained that this was the only way to build an enduring institution in which IBMers embraced and owned the values. “It wouldn’t do to create values from
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responsible are: 1. Values: Develop a clear set of values and operating principles that every employee or member of the company takes to heart. 2. Commitment from the top of the company: As mentioned earlier‚ this is basic because if the top managers are not willing to be open and honest about their company’s real situation and areas of opportunity‚ how can we expect anyone else to be. 3. Determine structure‚ measurements and mechanisms to evaluate progress: We need to do this taking into consideration
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In order to create a loyal customer base‚ they have been trying to offer a customer service as perfect as they can. One of the interesting customer experience stories I came across is a customer service phone call that lasted 8 hours and 3 minutes. In this story‚ a ‘Customer Loyalty Team’ member helps a customer find a cycling shoe on another site when they are out of stock. Offering free shipping‚ free return shipping and 365 day return policy is another example that shows how Zappos is passionate
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Essay "The Spire is a novel full of tensions" Explore the ways that Golding achieves these tensions and what they bring to the novel The Spire’ revolves around Jocelin and his quest to have a spire built on the cathedral. Through his blind faith‚ Jocelin accepts the cost that this building is having on the cathedral and the people that inhabit the cathedral. Tension is built throughout this novel in a number of ways‚ most notably in the impact that the building of the spire has on the people around
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part of DJIA‚ S&P 500 Index‚ the Russell 1000 Index and the Russell 1000 Growth Stock Index. Its current chairman and CEO is Muhtar Kent. Mission‚ Vision & Values The world is changing all around us. To continue to thrive as a business over the next ten years and beyond‚ we must look ahead‚ understand the trends and forces that will shape our business in the future and move swiftly to prepare for what’s to come. We must get ready for tomorrow today. That’s what our 2020 Vision is all about.
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a list of all 10 Zappos’ corporate values. Pick two of the values and explain how you think those values would influence the way employees do their work. 1. Create Fun and A Little Weirdness. This value would want actually make the employee WANT to come to work and look forward to it as well. 2. Build Open and Honest Relationships with Communication. This would allow them to accomplish much more than they would otherwise. 2. Using the list of corporate values and Exhibit2-4‚ describe
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Impact of Capital Structure on Firm Value Financial Management Assignment 10/12/2010 Completed and Submitted by‚ Aishwarya R. (06) Anjana Pradeep (12) Arijit Ghosh (18) Gayathri M.A. (34) Jyothi D. (44) Lavanya P. (51) CONTENTS INTRODUCTION.......................................................3 COMPANIES CHOSEN..............................................3 LARSEN AND TOUBRO............................................3 Overview……………………………………………………………
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