Essays on Offshore

A 1 + page discussion is describing disruptive business models. You should use examples of companies that have introduced disruptive business models to help with this description; like Dell Computer, Walmart, Southwest Airlines or perhaps Apple. Disruptive business model refers to any business innovation, which creates a new market and value network for a company or a product and in so doing, disrupts the existing value network and market (Shaughnessy, 2016). This consequently displaces established markets, products, and leading firms. The term was coined by Clayton M Christensen in 1995 and has since been used to describe disruptive phenomena on ...

What is a 'Ponzi Scheme', how it Works and How does it Collapse?

A Ponzi scheme represents a fraudulent investment trick where the promoter pays return on investment to previous investors from the money invested by new investors instead of the money earned through profit or gain. Customers are promised to receive higher investment returns, compared to market averages, with no risk at all since they will be paid from the money provided by new clients. This investment scam requires an ample flow of clientele for powering the whole fraudulent system. A Ponzi scheme comes into existence when the promoter is able to cllect initial investment funds from a person. This scheme ...

A critical Evaluation of the response to Deepwater Horizon oil spill

Introduction The oil industry plays a significant role in providing the oil used as fuel in other major industries that drive the economy. Due diligence and utmost care are among the guiding principles that regulate the industry as any problem may have adverse effects on the environment as well as human and animal life. However, due to unavoidable circumstances, the oil spillage sometimes occurs with devastating results on the seabed and the animal life that lives under the waters. The Deepwater Horizon is one of the worst accidents that happened in the oil production and processing industry. It happened ...

In order to reduce the United States’ dependence on fossil-fuel energy resources, alternate sources of renewable must be investigated in order to reduce the country’s emission of greenhouse gas emissions which contribute to global warming. At the recent COP21 Climate Summit in Paris, the United States committed to a reduction of greenhouse gas emissions by 26-28 percent below its 2005 level. This includes reductions in methane, carbon dioxide, perfluorocarbons, sulfur hexafluoride, nitrogen trifluoride and nitrous oxide, all of which contribute to global warming . In order to achieve these targets, the United States will need to employ alternative sources ...

How does cultural intelligence differ in India and the United States?

Cognitive Skills and abilities: The paper “Social Skills Intervention for Students with Emotional/Behavioral Disorders: A Literature Review from the American Perspective” by Kaili Chen assesses the relationship between social skills and behavioral difficulties for students in special educational programs. The author contends that social skills are a necessary element in the learning environment due to the capabilities that they provide to learners in interacting and communicating in order to help determine their difficulties and to help them function more successfully. Difficulties with these faculties is often discovered to be a primary factor in the inability for an individual to ...

Petronas, which is short for Petroliam Nasional Berhad, is one of the most profitable companies in Malaysia. The company is ranked among the largest corporations in the world on the Fortune 500 and is one of the most profitable businesses in Asia. Petronas was established in 1974 and is Malaysia’s fully integrated oil and gas company. Unlike other some countries where private individuals run the oil and gas companies, in Malaysia, the government (sole owner of Petronas), used its power and took control of the country’s natural resources. Since its inception, the company has grown and developed ...

Indian Perspective

Indian Perspective

Introduction

Globalization has opened the gates of several countries, and workforce of a global organization is made up of people from different countries, with different language and cultures. Thousands of Indians employed in the corporate sector end up working in the United States of America. This trend is expected to rise as globalization opens the gates of American shores for many Indians to relocate to America to build their career and earn attractive financial packages. The movement of people from India to the United States of America can be a huge cultural shock for people as there is ...

Executive Summary

Fossil fuels are the predominant source of energy for industrial and transportation consumption. It is however expected that in a few more decades, fossil fuels will have lesser role to play than non-conventional oil and gas sources and renewable energy sources. This paper presents an overview of some of the socioeconomic factors that are driving the global oil industry and their implications for the UK industry. Four key influences are studied to understand the implications for the industry in terms of economic and environmental factors. The steady influence of OPEC is a significant factor in the pricing of crude ...

The legal framework should be clear without any hidden taxes or unreasonable growth. Regime should be equally convenient both for business and for individuals. In addition, the amount of the tax should be minimized, particularly to support small business and entrepreneurship for which the burden is heaviest. Taxation may be an element of behavior management.

There are five main principles of taxation by Adam Smith:

Simplicity and stability of taxation; Minimizing / Evasion; Efficiency; Tax Competitiveness; Taxes change behavior (Econlib.org, 2016). The globalization of business means countries need to ensure competitive tax rates and more friendly to regulation with respect to the payer. The risk of competition is understated ...

Business

Engaging on a task that requires development of a dashboard to enable an effective approach in monitoring the performance of key strategic initiatives encompasses significant amount of resources including expert workforce. On the other hand, the cost of developing the dashboard is outweighed by the benefits of deploying a KPI dashboard, which includes allowing the management to closely monitor the company’s overall performance. This is also the motivating factor that would encourage a CIO in undertaking the task of developing the KPI dashboard. Another reason for the development of the dashboard is to equip the company with the ...

Immigration is the development of individuals to one nation from another permanently. There are numerous reasons why individuals decide to live in another nation they have been living in - to join their families, to acquire better occupations, or that they cannot stay in or return to their particular nation. The vast majority have a supposition about how migration influences the work market. Some express concerns about its effect. Their fundamental emphases are that movement will cause an increase in the unemployment rate and that businesses are acquiring gifted specialists from abroad instead of preparing neighborhood laborers. Then again, ...

The biggest scandal of the early 21 th century was that of "Enron". The financial collapse of US energy giant happened with the participation of offshore companies. In the 90s the company began to trade, not only gas but also electricity. The Corporation has entered the stock market, which allowed it to have room for financial maneuvering. "Enron" was the largest trader in the electricity market in 2001 and reached TOP-10 in the "Fortune 500" list. Naturally, there were close links with major policies - it is the "Enron" has become a sponsor of the longwall-George W. Bush in ...

As your authorized legal adviser on the matters that you have disclosed, I have attached the necessary legal challenges that you are faced with and finally the best possible way of avoiding legal action by complying with the set out legal regimes.

Facts

Reading the information that you have availed in regards to receiving a w9 from your foreign bank, this may elicit many questions as may relate to the reasons of receiving such a letter as well as the consequences of receiving such a letter. However, I will guide you into pursuing the best option to explore since you ...

Description of the American Apparel’s Corporation

American Apparel is a leading basics brand for young adults and people of all ages, with both wholesale and retail divisions globally. The company was founded in 1989 by Dov Charney, a Canadian man with an interest in vintage American clothing and is known for cutting-edge advertising and product branding. Its operations adage “made in downtown LA” has contributed to significant brand awareness and a cult status worldwide. It is the largest sewing facility in North American with 5000 to 10000 employees. For American Apparel, many factors of the external environment pose a threat to the company, however, with ...

International Production Strategies

The purpose of this paper is to discuss the emerging strategies of companies moving their facilities offshore and going more international with their strategies. What are the reasons behind this trend? Who are the companies following this strategy? Is it beneficial? We are going to discuss the answers to those questions in details. There are multiple factors that contribute in the decision making of moving facilities abroad; the major ones are lowering taxes paid, finding cheaper labor abroad and seeking less crowded markets for some industries. This provides a larger profit margin for the companies and open up new ...

Through the years, economics had and will continue to influence a significant part of our lives. Be it within the world’s super countries like the United States, China, Russia, Japan, Germany and the like or within the continuously blooming areas of Asia, particularly in the Southeast Asian countries like the Philippines, economics is considered an extremely important element in determining how they are able to flourish as a nation, especially when compare to their neighboring countries. Aside from the export of goods, manufacturing of local products and tourism, businesses often comprise the bulk of a country’s economic ...

Business Intelligence and Data Warehouses

Business Intelligence and Data Warehouses The term “business intelligence” have come to define the efficiency with which an organization can improve over itself without the usual uncertainty that comes with such decisions. With the rapid expansions of many global corporations, understanding and analyzing huge amounts of transactional data (of all their activities), have become the only solution to manage their future as well as current actions. Most often multinational corporations find themselves at loss whenever rapid business decisions need to be taken which, to the desperation of many corporates, will go on to define the future of their company. ...

Introduction

Denning (2013) had written “What Went Wrong At Boeing?” news article and reported about the failure of Boeing in its outsourcing and offshoring when the company outsourced some parts for the manufacturing and development of Boeing 787. The purpose of the article was to explore and explain the more focused and specific mistakes and errors made by Boeing in outsourcing and offshoring handling and strategic decision making. The company aimed to control and reduce the cost of in-house production of those parts for that the company lacks the required efficiencies and skills for such products. In the results of ...

Introduction

Sharp Park, which is named after George Sharp, has a long, rich history. Mr. Sharp owned a more than 400-acre estate that he established with a vision for the San Francisco residents to enjoy recreation in a natural setting. When he died together with his wife, the property was left to the San Francisco City Council under strict instructions that it would only be used for recreational purposes. Sharp Park is in California off Highway 1 along the Pacific Ocean, San Francisco. It has existed since 1917; the golf course was established in 1930s. In 1941-internment camp was established ...

The terms “outsourcing” and “offshoring” have similar, but slightly different meanings. Both terms refer to the corporate practice of sending work to third-party contractors external to the company, rather than assigning it to in-house employees. However, whereas outsourcing can take place entirely within a single country, offshoring is the process of sending it off to another country’s shores. In other words, when a company sends work to a contractor within its own country, it outsources the work, but if the contractor is foreign-based, it offshores the work. The chapter on offshoring further expands the definition of offshoring to ...

A Fossil fuel power station is a plant location where fossil fuels are burned producing electricity. Such fossil fuels include petroleum, natural gas, and coal. There are power plants which are designed for continuous operations for large scale purposes called central station fossil fuel power plants. Fossil fuel plants in many countries are used in the provision of electricity. They have machines for conversion of heat energy from combustion of fossil fuels into mechanical energy that operates an electrical generator producing electric currents (Camus et al. 154). The Samso Island is planning to exhaust the application of fossil fuels ...

The Cape Wind project is US’s first offshore wind energy project, that will be located off the coast of Cape Cod, in Nantucket Sound of Massachusetts (Cape Wind). The wind farm consists of 130 wind turbines, each of 3.6-megawatt power generation capacity. The farm’s total capacity is 468 megawatts sufficient to meet 75% of Cape Cod and its nearby island’s power demands (Cape Wind). Each wind turbine will be mounted on transition pieces, and erected on deep dug, monopile foundations in the seabed (Cape Wind). Power generated from the wind turbines will be transmitted to a ...

Introduction

Offshoring is a common trend to a majority of international companies that have their root of operation outside the U.S market. Apple Inc. is one such company that has been caught up in a flurry of controversy regarding its stake in remitting taxes to the U.S government. Besides, the offshore account maintained by Apple Company has led to serious criticisms and flurry of accusations. This essay focuses on the main reason why companies like Apple would wish to maintain offshore operations rather than refocus their operations in its domestic country.

Reasons for Offshoring

The main motto that is behind Apple’s decision ...

Many a time have people heard about politicians who do plenty of talking. However, verbal rhetoric is only meaningful when backed by actual deeds aimed at the improvement of what politicians oversee, which is society and its welfare. The incumbent Senate President of New Jersey, Stephen Sweeney is one of such politicians who may be said to utilize his legislative authority to its limit. He has showed his aptitude in areas, such as education, property ownership, taxation, healthcare, and the protection of different social categories. Of course, as with other prominent politicians, however renowned, Sweeney has made some controversial ...

Slide 1: INTRO

Hello everyone and thank you all for coming. My name is and today I’m going to talk briefly about my project, that is a strategic analysisis of A.P. Møller Maersk.

Slide 2: AGENDA

Here is a quick agenda for my presentation and what I will focus on today as the time for this presentation is limited to 12 min, I will not cover everything by focus on some of the main parts.

Slide 3: COMPANY PROFILE

As you probably already know A.P. Møller – Mærsk A/S (“APMM A/S”) is both the main operating unit and the holding company of the A.P. Moller - ...

Wave and Wind Power Generation

Wind Physics Basics Wind is atmospheric air which is in motion Energy Source The earth surface absorbs solar radiation differently. Some parts absorb more radiation than other. This creates pressure zones. As a result of pressure, air moves from high-pressure zones to low-pressure zones. This causes atmospheric air motion known as wind. Wind is a renewable source of energy. It is constantly available free of charge (Bhattacharyya, 2011).

Spatial scales

Atmospheric air motion can be categorized depending in terms of spatial scale. Four spatial scales identified include planetary scale, synoptic scale, mesoscale, and microscale. There are various types of spatial scales ...

Introduction

The government of Dubai undertook a mega project entitled the Palm Jumeirah in 2001. The mega project involved the building of an island on the shoreline of Dubai with intentions of attracting tourists and create a grand tourist sector. This was not a lofty goal as it has been met and expounded upon. Dubai is now considered the world’s most modern city with the Palm Jumeirah and other mega projects. The impact of the mega project has been local and global. Locally, the city has seen rapid economic growth and now attracts corporations and tourists from all over ...

International finance

Question 1: Uses of the balance of payment data It is used in the recording of economic transactions of the residents of a particular country to the rest of the world within a given period. Current account shows the total net amount a particular country is earning if it’s in excess or spending when in shortage. It’s calculated by net income from exports fewer payments from the imports. While the capital account; deals with the recording of the ownership of the foreign assets. It involves the reserve account and loans and investments a country and the rest ...

Electricity still remains the most important energy source in the present world driven by information and communications. There are quite a number of energy sources but under two broad categories - renewable and non-renewable energy source. The non-renewable energy sources include coal, gas, crude oil etc. The renewable energy sources include solar energy, wind energy etc. Non-renewable energy sources are burnt and cannot be replenished but renewable sources are not diminished when they are used. One down side of non-renewable energy sources which have been widely used in the past centuries up till now is the air pollution they ...

Abstract

Industrial ownership by nation states has been around since the 16th Century in the Western part of the world seeking protection by the Roman Empire. The significance of this act was defined at that time and even though we are in the 21st century those significances has not changed. The support for nation to own industries has made a positive impact to countries that require expansion but with benefits also comes consequences. Some of the action have prompted severe consequences for some causing economy meltdown and negative effects when in comes to global trade. The paper will look at ...

Statement of the Problem

A new model for availability growth has to be generated in order to factor in the systematic risks that occur before a complex system construction . The new model has to be created because of the new technology to be used in new generation offshore wind farms. The wind farms are supposed to improve the investment options and therefore to be on the safe side to do so, a new model has to be put in place for testing purposes of the systems. There are a number of risks involved in developing new generation wind farms. This is because of ...

Sharp Park named after George Sharp has such a long history. Mr. Sharp had more than 400-acre estate that he established. When he died together with his wife, the property was left to the San Francisco City Council under strict instructions that it would only be used for recreational purposes. Sharp Park is in California off Highway 1 along the Pacific Ocean, San Francisco. It has existed since 1917; the golf course was established in 1930's. In 1941-internment camp was established in the park that provided medical service, food, shelter and employment opportunities to San Francisco residents. When Pearl ...

This paper will cover oil price dynamics for the period starting from 2005 until the present moment of time. Exact price dynamics will be considered as well as a variety of factors influencing the oil price through the above mentioned period of time. The chart showing the dynamics of crude oil barrel price since 2001 is presented in fig. 1. Figure 1. Dynamics of crude oil price per barrel for the period between January 1, 2001 and April 19, 2016 (Trading Economics, 2016). Before the period, which is the subject of this paper, the oil price had been nearly ...

A Tale of Two Markets: NYC Subway Line

Executive summary of the case The case, “A Tale of Two Markets: NYC Subway Line” speaks about the various business establishment strategies applied by Lynne Lambert during her pursuit to establish her brand NYC Subway Line and the line of products used the New York Lifestyle based positioning. The case describes how Lynne tried to channel across the conventional distribution system of the apparel retail markets and tried to develop retail sales for her products in two different markets, the gift retail, and the apparel retail markets. The case study provides an elaborate detail of the competition, costing, distribution, ...

The role and regulation of Mauritius financial institutions

Mauritius is the largest island in the world. It is one of Africa’s economy that is stable, competitive and success. The state of the economy has enabled the country to be both vibrant and thriving in sectors such as the export sector, offshore financial sector, and manufacturing. The success has allowed the country to attain a Gross Domestic Product of $11.9b. Also, its convenient position has enabled it to be an established international financial center with easy access to Asia, Europe Middle East and South Africa enabling active investment. The report aims to understand the roles and regulation ...

Answer.The case statement is focused on the unpredictability of Tesla’s future as a successful car manufacturer in coming scenarios due to decreasing revenues and declining stockholder expectations. The case statement is derived from the problematic fact owing to an entire lot of issues like rising expenses, lawsuits against the direct consumer approach based business model, and unsupportive response from the local markets and trade analysts because of deliberate inflation of financial performance. Given the importance of economies of scale in the auto manufacturing and technology industries, what is your long-term forecast for Tesla? Answer.The auto manufacturers and technology ...

The Use and Abuse of History in the Recent Ukrainian Crisis

A revisiting of Ukraine's geography and historical narrative would clearly shed light on the recent Ukrainian crisis and how the turmoil and sentiment in the Orange Revolution and the 2014 confrontation originate from a long history of struggle over the delicate status of Ukraine between East and West. Through the correct use of history, one would understand that history drew the dividing lines and spurred the conflict that spanned centuries. Eastern Ukraine was occupied by Russian imperialism in the 1800s, followed by Western Ukraine. This provides an explanation of the reason Eastern Ukrainians have largely remained loyal to politicians ...

Abstract

This paper seeks to examine and analyze Russia’s connectedness to the global economy. It does so by exploring how oil prices affect social, political and economic outcomes. The argument is that specialization in the single industry of oil and gas has made it possible for individuals to embrace corruption and cheating. The research uses literature from the Economist and the BBC in exploring Russian integration into the global economy. It denotes that low oil prices have adversely affected Russia’s position as a powerful emerging market economy. Low prices also force the Russian government on military adventures and ...

Commentary A: The Effects of a Slowing Chinese Economy on the World

Last year, the Chinese economy reported a 6.9% growth rate for the economy overall (The Economist Staff 2016). For all intents and purposes, a 6.9% annual growth rate is immensely healthy; a country like the United States generally experiences a significantly lower growth rate for a number of reasons. However, the United States is considered a developed nation, while China is still in the developing stages of growth (Qi 2016). However, despite these respectable numbers, some economists are quite alarmed at the current situation in China—and some have even begun to draw attention to the slowing Chinese economy ...

Introduction

The nationwide pipeline system in the USA has been constructed to transport the natural gas, oil, and refined petroleum products. This constitutes about 71% of the refined products and oils are being transported with about 100% natural gas of the consumption in the USA. The three sectors that are involved in the transportation of these energy products are; operators of the gas transmission pipelines, operators of hazardous liquids in the pipeline and the distributors of gas utilities. An approximate of 299,000 miles and 171,000 miles are offshore gas transmission and liquid onshore pipelines respectively. This operates in ...

How Will I Going to Prepare Myself to Compete in This Global Environment

Abstract The book of Thomas Friedman “The World is Flat” reveals a big difference between ‘development’ and ‘globalization’. Technological progress and political compromises led the world far from what it was half a century ago. He talks about three stages of globalization: Globalization 1.0, Globalization 2.0, and Globalization 3.0. Such modern phenomena as outsourcing and offshoring could not have been possible without the World Wide Web and introduction of network technologies. Today, protectionism is abandoned and countries compete for an opportunity to have business offshore on their territories, while lots of locals work for a foreign company without leaving ...

Introduction

Studying accounting has been one of my interests since I was a child. Being in accounting classes was really enjoyable from the start. However, although studying the concept in class was interesting, I found it more thrilling to put to work some of the skills that I had learned. I was privileged to get an internship at PWC, one of the big four auditing firm, which I started on January 4th the year 2016. Through this internship, I was exposed to real-life accounting and auditing experiences which I had spent the last several years preparing. As such, this report ...

History of the UK Oil & Gas Industry

It was in the year 1975 that Hamilton Brothers, a small entrepreneurial entity of the United States, which was working in the Argyle field, succeeded in bringing British oil ashore for the first time, and this was almost immediately followed by the BP excavation that resulted in huge quantities of oil being discovered in the Forties field.

Progress made by the industry since the 1970s

Oil discovery in the North, grew leaps and bounds as several other companies from other nations like the EU, United States and many other domestic UK firms leased out many sectors of the North Sea for excavating oil. Slightly around the late ...

Critically discuss the implications of recent trends and changes within the supply chain of the UK petroleum retail market.

Critically discuss the implications of recent trends and changes within the supply chain of the UK Petroleum retail market. Introduction The United Kingdom incorporates four separate legal systems within its entity that are Wales, England, Northern Ireland and Scotland . In order to maintain uniformity in laws pertaining to the ownership of natural fuel such as Petroleum, the 1937 Petroleum Act was passed, which established that all such resources fall under the control of the British Crown. The petroleum distribution system in the United Kingdom resembles the system that is prevalent in the United States of America, that is, a ...

A government gains its legitimacy to govern if it can ensure the general safety of all its citizens not only with respect to planned aggressions but also emergency cases. The Social Contract Theory as espoused by John S. Locke stipulates that there is always a contract between governments and the people such that while the people pay taxes and cede some of their rights to the state, the state protects them and punishes those who transgress against them. Therefore, it is incumbent upon every administration to fulfill their part of the bargain and ensure the safety of all citizens. ...