Managing People in British Petroleum Assignment - 1

Managing People in British Petroleum - Assignment Example First, it is crucial to gain a complete overview of the disaster – ‘Deep Water Horizon’. One of the largest marine oil accidents was seen on 20th April 2010. The oil spill went on to flow for a total of three months in the Gulf of Mexico. The explosion claimed eleven lives and injured seventeen people. The oils spill started from the sea floor oil gusher. Methane gas was found to be released from the well with high pressures and this went up into the drill column (Cleveland, 2011). The methane gas expanded on the platform and led to the explosion. The fire was intense and was not doused which led to the Deep Water Horizon to sink after 36 hours. The Deep Water was built in 2001 and was managed by BP in the Gulf of Mexico. The spill as a whole has caused extensive damage to the wildlife, as well as marine habitats and also damaged hundreds of miles of the seashore as well. The spill led to the close down of several small businesses in the fishing and tourism industry since tar balls were found to be present in the nets (Cleveland, 2011). Even after several months in February 2011, the ill effects of the spill were still being found. Dead Baby dolphins were found washed up along Alabama and Mississippi. Experts have also found oil on the seafloor which has not degraded. The image below provides a clear idea of the amount of oil that was found to be spilled due to the explosion. This provides a date-wise record of government and non-government estimates. The overall impact of the spill has been intense, and the impact will be felt for years to come. Although in the current times, the main issue being faced is the spill on the seashore and the dead marine and wildlife, this spill will have a major irreparable damage to the Gulf Stream and can cause global thermoregulation activities as well (Zangari, 2010). The damage has been caused to the environment as well as the company.

Entrepreneurship of The Busters Research Paper Example | Topics and Well Written Essays - 3250 words

Entrepreneurship of The Busters - Research Paper Example This essay discusses that the owners of the business, i.e. The Buster’s have decided to expand the business size by opening up another store in a new building two blocks away from their current location. The proposed business venture will be designed on the similar basis, as the current business is established. Keeping in view, the expertise and skills of the owner and work force will be beneficial in providing a solid guarantee to the investors that their money will not be spend on a business venture that is non profitable at any point. This is because of the fact that The Buster’s is running smoothly and profitably at its current location. Keeping in view the small size of the business, the owner want to expand by opening up another small store in a new building of about 1,000 square feet of space, maintained and run by a work force of two to three employees. The new office building is located at 5th Avenue near Carroll gardens with the name, The Business Avenue. In t he Business Avenue, offices of different multinationals and domestic firms are located and there are around 15,000 different individuals who visit this 20 story building. The Buster’s is keen in providing superior quality canteen items, stationary products, news papers and magazines. In addition to these items, the owner of the store, Marsha Jones, has decided to add more items to store’s shelves as she is going to acquire a larger space in The Business Avenue, i.e. of around 1500 square feet of physical space at the ground floor of the building. 1.3 Business Aspirations The biggest aspiration that evoked Marsha Jones to open up a news Buster’s store was her dream of transforming The Buster’s into a chain of super stores within next 10 years. Opening up her second store in The Business Avenue is just one step towards making The Buster’s a popular super store where customers can get all what they want. She wants to open up another 10 stores like The Buster’s, no matter within New York or in other states and cities of United States of America. 2. Organization of the Business This section describes who will be managing the business affairs of The Buster’s and how many employees will be needed to run the business on daily business. In addition, this section also describes the legal status of the business, that whether it is going to be a partnership business or held solely by Marsha Jones. In the end, this section of the report also provides inside to the company’s vendors and suppliers. 2.1 Owners Marsha Jones, who is the owner and creator of the business, will be managing the store on daily basis. She is going to hire a personal assistant who will closely monitor the financial performance