BHP Billiton Strategic Management

Question: Describebhp billiton with proper citation and references. Answer: Introduction BHP Billiton is a global resources company that has made considerable advancements in the domestic as well as the international market. The three key considerable indicators are sales revenue, financial consolidation in the market as well as the business sustainability in the end ("BHP Billiton | A leading global resources company", 2016) .It can be said that BHP Billiton has made considerable progress from the current financial year. In the current year, BHP Billiton has taken aggressive expansion policies to facilitate business expansion. The sales revenue of the brand in the current financial year is $61.2 billion. As per Hitt et al. (2012), the BHP Billiton has widened its range of product and service offerings to the buyers. From offering only petroleum products to the buyers, it has widened its range to metals and minerals to match consumer expectation. Internal environmental analysis Resource capabilities BHP Billiton has abundant resources to assist the organization in its growth (BHP Billiton | A leading global resources company", 2016). In this regard, Eden and Ackermann (2013) noted that the operational as well as the manufacturing infrastructure have assisted the organization to produce goods with the minimum amount of time and effort. The core competencies of BHP Billiton are state- of- the art infrastructure and the operational policies of the business organization. In addition, it has an expertise work force to assist the business organization in its growth. Slack (2015) stated that the business organization can cover a wide range of production activities to facilitate the consumer demand. Besides this, the following core competencies have been identified in the case of BHP Billiton. Asset Portfolio According to Bettis et al (2015), the BHP Billiton has substantial asses that caters towards a wide business portfolio The brand has various assets that helps in the gathering and the production of natural resources in the global market . It is distributed throughout the international market. In addition, it has leased a few portions of its fixed assets in the organization that brings a wide portion of the annual revenues to the business enterprise Experience- Rothaermel (2015) stated that BHP Billiton has been operating for a number of years in the domestic as well as the international market. Thus, it has a considerable experience in mining metals as well as petroleum. This experience has been proved to be valuable in the growth and sustainability of the business enterprise. The brand has been operating for over a decade, and possesses a detailed knowledge of the petroleum and mining resources of the country. Size BHP Billiton is one of the biggest companies through market capitalization in Australia. According to Bettis et al. (2014), it is a multinational brand and encompasses a wide range of production activities in the organization. In the case of BHP Billiton, the brand has fixed assets through a variety of mining and natural resources that has been facilitating the growth of the organization in the global market. Essential directions as well as the objectives - BHP Billiton has pre-determined objectives and goals, which the organization has established. As such, the production and the operational activities of the organization have been aligned with the long-term goals. According to Eden and Ackermann (2013), the brand seeks to be the number one business entity in the domestic market. The brand seeks to follow an expansion policy to expand its business operations in places that are still left to be explored. According to Gamble and Thompson (2014), BHP Billiton is in the process of acquiring newer fields of mining resources in the country .As per the objectives of the organization; BHP Billiton has developed business partnerships with other brands operating in the same product and service line. Slack (2015) mentioned that this has assisted the brand in strengthening the financial resources as well as the operational resources of the country. Vrio The VRIO framework represents the four constituents like Value, Rarity, Imitability as well as organization. Rothaermel (2015) stated that BHP Billiton emphasizes in these four constituents for the continuous growth as well as consolidating its existing business performance in the domestic as well as in the global market. The concept of value relates to the principles that the organization follows in structuring its business operations. Rarity refers to the uniqueness s in the organization that has enabled the brand to build a distinct brand identity. BHP Billiton has a distinct brand identity that has ensured the business enterprise to survive in an intensely competitive market. In the case of Imitability, BHP Billiton has obtained patents on its production methodology, thereby, preventing rival entities to copy. Value chain analysis The value chain analysis describes the business processes that add to the business prosperity of a particular place. In the case of BHP Billiton, the business activities that add to the production as well as the financial sustainability of a business enterprise are effective manufacturing and distribution process in a business organization. The BHP Billiton has a diversified culture in its working force. Since it operates in many countries, the BHP Billiton is an amalgamation of various cultures, opinions and perception ("BHP Billiton | A leading global resources company", 2016). Therefore, there is no lack of fresh ideas in the working environment thereby facilitating organization growth. A multi cultural working environment assists the organization in various business areas like technology, operations, finance as well as the research and development. Strategic issues The following are the essential strategic issues that pose a threat to the business sustainability of the brand: Limited natural resources - The brand has limited natural issues that has been hampering the production rate of the organization in the recent months. Rise in Prices- BHP Billiton has been facing issues due to the rise in the prices of its products. According to Gamble and Thompson (2014), this has decreased the market share of BHP Billiton in the context of the global market. The economic disparity in different countries has been a major contributor towards inflation. Conclusion It can be said that BHP Billiton has been able to build a successful business model. It has created a profitable position for itself in the context of the domestic and the international market. The internal environmental analysis for BHP Billiton has revealed that its primary key performance indicators are organizational infrastructure as well as its range of product offerings. Thus, the organization is on a path of progress and shall retain its business performance and key constituents in the coming years. References Bettis, R. A., Gambardella, A., Helfat, C., Mitchell, W. (2015). Qualitative empirical research in strategic management. Strategic Management Journal,36(5), 637-639. Bettis, R., Gambardella, A., Helfat, C., Mitchell, W. (2014). Quantitative em pirical analysis in strategic management. Strategic Management Journal,35(7), 949-953. BHP Billiton | A leading global resources company. (2016). Bhpbilliton.com. Retrieved 26 May 2016, from https://www.bhpbilliton.com/ Eden, C., Ackermann, F. (2013). Making strategy: The journey of strategic management. Sage. Gamble, J. E., Thompson Jr, A. A. (2014). Essentials of strategic management. Irwin Mcgraw-Hill. Hill, C., Jones, G., Schilling, M. (2014). Strategic management: theory: an integrated approach. Cengage Learning. Hitt, M., Ireland, R. D., Hoskisson, R. (2012). Strategic management cases: competitiveness and globalization. Cengage Learning. Rothaermel, F. T. (2015). Strategic management. McGraw-Hill. Slack, N. (2015). Operations strategy. John Wiley Sons, Ltd.

Social Networks free essay sample

Also according to Lenhart and Madden, â€Å"Adults are much less likely than teens to have a profile on a social network website. About three in ten (35%) adult internet users age 18 and older have a profile on a social networking site like MySpace, Facebook or LinkedIn†(2007). How ever, teenagers are twice as likely as adults in use of these websites. Some others use it because they do not have friends in real life and they wish to make new but somehow they are afraid, and they can write anything they want to say without any fear by using social networks. Social networking technology does affect negatively on people as it causes family problems, it can be dangerous for people and it can change behavior for the worse. Social networking causes many family problems that can affect relations. As a fact, family relations are sensitive and small problems can turn to big issues if they didn’t find the right solutions for them. We will write a custom essay sample on Social Networks or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page These networks take the happy moments that people can spend with family, because children prefer to sit with their computers than family, so it makes distance between the family members. Children prefer to hide their emotions and problems from their own family to tell a stranger about it and it makes them trust strangers not relatives. Why does this happen? Social networking is turning to be the best choice for children and adults to spend time. It could be nothing more than they want some independence from their parents and freedom from parents involved. Some children want to say things to their friends who are the same age and they feel they understand them more than parents. Families are suffering with the problems websites are causing. For example, two girls committed suicide because some abuse on social networks and because of pictures that were spread on Internet from these websites. These stories was in a news website that talked about two girls one committed suicide because of sexting, and the other one because of some abuse on social networks from her friends (ABC News). Other problems we can mention are teenagers got addicted to these social networks and that is a sign of behavior changing negatively. These problems for sure increase with time and affect people who use social networks and every one who is around them. The reasons why these problems are huge is because social networks never stops producing new things that attract teens and adults and encourage them to use them more and more. Adults and teenagers invite their friends and tell them to join these networks, as they are fun. Parents are aware about these problems and of course they are trying their best to find solutions for them. Some research happened to show the opinion of parents who have children with social network profiles, â€Å"Research by YouGov showed a quarter of children aged six to 11 spend an hour a day on social networking such as Facebook and Twitter. But only one-in-10 uses the Internet daily for homework†. Extra parents of older children were distressed concerning their offspring’s grades skidding as a consequence of online distractions (mirror news, 2011). This research shows that parents are really aware and worried about social networks and the negative effects of them on their children, and supports the negative side of using social networks. These social networks can be dangerous and harmful. Teens and adults, who do not care about what will happen, they are not aware of the danger that these etworks can make, are using social networks. â€Å"Though the user’s privacy settings determine whether they can be contacted by strangers or friends, many youth may not realize or use these privacy settings, thus exposing them to online predators† (Wolak, et al, 2007). There are lots of social networks, and people from many different countries use them to find new friends and make online relations. The fact is that, in social networks teens meet wrong people who use them in wrong way. These meetings can also lead to a real life meeting and outing and here the danger increases. Teens who decide to meet new people from Internet and bring them to their real life, may not tell their parents about it, and here the problem takes a wrong direction in many cases. Basically, in social networks teens and adults are more likely to meet these wrong people and believe them. Some people pretend to be friend then divulging personal information and then they can enter others profile, they maybe send messages to other people about anything they that will damage their computers. These fraud people can send viruses using others name and spread it on Internet. Fake identities are also a big problem happens in this social networking world. Some make fake identities to get attention and it is not a problem usually, problem begins when they spread wrong information about this person that harms someone else. â€Å"Their motives could just be to have a little nameless fun but they are extra probable to be sinister, like instituting phony friendships that lead to face-to-face meetings alongside who-knows-what aftermath, or to drift invitations to mature sites†(scam Busters Organization). They can make advertisements about a famous brand and take money from people and fool them and some may believe. Teens can be fooled quickly because some of them believe everything they see, especially when they put advertisement with pictures and colors that attract teenagers and adults the most. Social networking has many negative effects on teens and adults that lead to big problems. Social networks make people change their behavior. Nowadays, children use social networks more than anything else. Dr. Gallagher believes that â€Å"young teenagers and preteens are the most vulnerable to negative consequences of social media†(2011). Teens and adults change their behavior when they feel that social networking is more important than real life relations. Parents object on their children when they use social networks all day, which leads to put anger in teens and adults so they miss behave with their parents. Even parents may not know how to react and they start shouting on their children, it can also be one of the causes of changing behavior in adults and teenagers. Children turn to be abusers and they got that violent behavior with others. As Ryan (august 26,2011) has noted, â€Å"Teens who use social networking sites are three times as likely to drink alcohol, and five times more likely to smoke tobacco than teens who dont frequent the sites. † When other people post pictures like smoking and having drugs, that effect on children who use these networks and get excited to try this even if they never tried it before. This is a big issue and a reason that makes children change to the worst. They do not respect elders anymore as Socrates pointed out â€Å"  they show disrespect for their elders and love chatter in place of exercise† (2011). Kids are producing up amid a marine of electronic media. It is vital for parents to ponder how this could encounter communal existence, progress, academics, and adjustment, and how parents can assist as a buffer from a little of the possible negative aftermath( Daiz, Y. , Evans, L. , Gallagher,R). Social networks change behavior to worst because teens like their new life and personality on these networks than the real one. People around teens and adults who use social networks can be affected. For example, children can ignore Parents as they find new friends online. These friends share the same age and think the same, so children in this age do not like their parents interfere in what they are doing. Here when children change their behavior and it becomes more violent and disrespectable for people around them. Using social networks more and more can make children lose interest in studies and that is a one face of changing behavior. According to a recent poll, 22% of teenagers log on to their favorite social media site more than 10 times a day†(council on Communications and Media). These research shows that adults and teens who use social networks more than 10 times a day, they will not have a good focus on their studies. That can cause damage to their marks in school. It will lead to their parent anger and will affect on teens and make them feel upset, and also it can cause behavior changing. Som e people may argue that social networks are good to use and they have positive things like connecting with people. They connect people and also give some skills to teenagers in their growing age. They support their argument by saying that â€Å"Talking on a social networking site may also bring a teen’s personality to the forefront, while the focus on a disability lessens â€Å"(Holmquist. J 2007). Some one also might argue that becoming cozy alongside communal networking locations might additionally assistance teens change to a globe that is intentions extra and extra alongside convoluted technologies (2007). They also say â€Å"Middle and high school students are using social media to connect with one another on homework and group projects†(Schurgin. G, Clarke. K). One seeming benefit is that youth can increase their circle of friends and even converse extra frequently alongside spread relations (Holmquist. J 2007). They could maybe show that social networks can be good enough for children to use and make them more interesting to go in and see what they are is. All that may be true; however, we must consider the harm that all these social networks cause and realize how much greater the harm is than their positive effects. Networks can connect people together and strong the relations but not for adults and children, because they are still go to school and can see their friends and connect with them in real life. It is better to talk face to face rather than facing a computer screen without knowing their emotions. Also bulling is a big problem happens on social networks as â€Å"Some research has shown that youth with disabilities are at a greater risk of being bullied, and bullying can also occur on social networking sites†(Holmquist. J 2007). In conclusion, social networking has both sides of negative and positive effects that can be good or harmful for children. Parents should be aware of these social networking activities that their children do and put limits on using it. It will surly reduce the effects of social networks on them. Parents also can take help from some child study centers like NYU child study center that could be useful for them, they will have more idea about social networking and how they work. Parents can also join their children in using these networks by being friendly with them, so children will feel more confortable talking to their mother and father. Networks can be good and bad, it depends on how we want to use it and make it more interesting or make it more scary and harmful. References Mirror News ( 9 may,2011), Parents fear social networking sites are affecting their childrens school grades.. Retrieved from http://www. mirror. co. uk/ Celizic, M. (2009). Her teen committed suicide over ‘sexting’ . Retrieved from http://today. snbc. msn. com/id/29546030/ns/today-parenting_and_family/t/her-teen-committed-suicide-over-sexting/#. T8OOPbBo0Ug Goldman, R. (2010, March 29). Teens indicted after allegedly taunting girl who hanged herself. ABC News. Retrieved from http://abcnews. go. com Marquette,S. (2011), How kids fool their parents on social networks. NBC News. Retrieved from http://www. msnbc. msn. com/ McLoughlin, C. amp; Burgess, J. (2009). Texting, sex ting and social networking among Australian youth and the need for cyber safety education. Australian Association for Research in Education International Education Research Conference 2009 Canberra. Retrieved from AARE, website http://www. aare. edu. au/09pap/mcl091427. pdf Wolak, J. , Mitchell, K. J. , Finkelhor, D. (2007). Does online harassment constitute bullying? An exploration of online harassment by known peers and online-only contacts. Journal of Adolescent Health 41: S51-S58. Daiz, Y. , Evans, L. , Gallagher,R. Anti-Social Networking: how do texting and social media affect our children?. Retrieved from http://www. aboutourkids. org/ Holmquist, J. (n. d. ). Social Networking Sites: Consider the Benefits, Concerns for Your Teenager . Retrieved from University Of Minnesota website: http://ici. umn. edu/ Schurgin. G, Clarke. K, The impact of social media on children, adolescents, and families. Retrieved from http://pediatrics. aappublications. org/ Scam Busters Organization. (n. d. ). the 5 Most Common Social Networking Scams. Retrieved from http://www. scambusters. org/socialnetworking. html

Periods of Musical Movements

Periods of Musical Movements Name of the periods of musical movementsTime periods of musical movementsHow are these periods part of social changes?Major streamsSub streamsOrigin and end of various sub streamsBaroque1600-1750The Baroque period showed the change in the characterisation of architecture and design. The profound political and social changes that succeeded the Renaissance Era led to the creation of quite different styles in the arts, particularly in Baroque music.Baroque versus Renaissance styleBaroque versus classical styleEarly BaroqueMiddle BaroqueLate BaroqueEarly Baroque (1600-1654)1 (refer to appendix)Middle Baroque (1654-1707)2Late Baroque (1680-1750)3ClassicalAbout 1770-1830Classical music was strongly linked to the court culture and absolutism, with its formality and emphasis on order and hierarchy. The social world of music had seen dramatic changes: international publication and touring had grown explosively, concert societies were beginning to be formed, notation had been made more specifi c, more descriptive, and schematics for works had been simplified.Renaissance ClassicismAge of Classicism - visual arts, architecture and literatureBeginnings of the Classical StyleEarly Classical StyleMiddle Classical StyleLate Classical StyleBeginnings of the Classical Style (1730-1760)4Early Classical Style (1760-1775)5Middle Classical Style (1775-1790)6Late Classical Style (1790-1825)7Major composersComposers' sources of influenceComposers' musical impactComposers' styles and characteristicsComposers' cultural and social impactsBaroque periodHenry PurcellPurcell's sources of influence were the style of palace, and the court systems of manners and arts, which Louis XIV of France fostered. This became the model for the rest of Europe.Purcell was a fluid composer who was able to shift from simple anthems and useful music such as marches, to grandly scored vocal music for the stage. His great keyboard pieces influenced later composers.Purcell had a...Baroque !

Regeneration Policy Essay Example | Topics and Well Written Essays - 2000 words

Regeneration Policy - Essay Example Basically the urban spatial planning is provided by the local government and country planning system in order to use it optimum manner (Valler, Wood, & North, 2000). Urban spatial planning is regarded as integration of both the land use and transport planning in order to develop the area economically and socially. Thus spatial planning in urban areas is not a single tool, process and activity and it consists of urban renewal which would already lack in investment with fewer developments (Jessop, 1990). In fact it identifies strengths, weaknesses, opportunities and threats throughout the particular area and proposes how it can be developed with some distinctive approaches in order to address the desired objective. This report would concentrate on spatial planning in urban areas and would delineate a series of suggestions for the improvement of physical arrangements in existing urban area, thus obviating the need for occupy the strategic resources. The local government's current plan is to efficient use of lands in the urban areas which would goes beyond the traditional system of land use planning and integrate policies and regulations which has been necessitated by sustainable development and sustainable communities. Thus urban spatial planning assumes a very complex dimension against the backdrop of rising uncertainties in the external environment (Jessop, 2002). This report will have a strategic focus on the outcomes related to spatial planning in urban areas perspectives and will outline in good measure the type of accommodation that enhances the land use performance paradigm of the local government, while location, the role of planners and other variables have a very clear impact on the land use planning. A dynamic feature of this aspect of the urban spatial planning is the particular government's ability or inability to add value to existing land capability. Therefore it's the bounden duty of the urban planner to examine and adopt innovative land use techniques to achieve sustainable development including, community welfare and economic and social development (Midttun, 2005). Urban spatial planning can be identified as wider spectrum of activities, processes, tools and decisions which actively impacts on the urban renewal and rehabilitation. Thus it consist set of spatial planning activities along with different actors and agencies which would drive to the sustainable development in the area (Cochrane, 1991). In fact spatial planning in urban areas would not isolate from the public policies as well as it became as an important instrument to identify market failures, minimize the negative externalities and maximizing the positive externalities when providing the public goods and infrastructure facilities to the community.2.1. A regulationist approach in change in regeneration policyA regulationist approach is characterized by a system of rules and regulations that imposes certain constraints on the spatial planning process. For instance the British regulationist approach has many elements from regional planning bodies incorporated into it though the scope and its impact are less known due to the

PTC PAPER Lab Report Example | Topics and Well Written Essays - 750 words

PTC PAPER - Lab Report Example arbitrated by specialized cells which communicate with brain cells through sensory neurons (Williams, Peter & Glyns 18).The perception involves one binding of the taste molecule to a receptor which is particular on taste cell surface then, a generation of nerve impulse by the taste cell which is then interpreted by the brain. This was shown when strips containing coffee without sugar, and with the addition of sugar were tested. Ability of tasting PTC is influenced by an inherited component. A single gene which codes for the receptor taste on the tongue influences the ability to feel or not to taste PTC. The gene is called PTC gene or the TAS2R38 and is mapped to q- arm that is chromosome 7 in man, and its discovery was in 2003 (Leguebe 970). In existence, there are two main alleles of PTC gene and rare ones are five in number. The alleles are tasting allele and none tasting allele which both code for taste bitter receptor protein. The shape of protein receptor determines the strength it binds to PTC. Bumps called papillae covers the entire tongue, and each papillae have numerous taste buds, which are filled by gustatory cells that are responsible for tasting. Each tip of the gustatory cell is significantly covered with assortments of receptors called bitter tastes and obtrudes through pore on the tongue surface. Stimulation of the receptors leads to the perception of signals. The signals are then carried to the brain by special nerves. The three samples of coffee of different concentrations; one without any addition of sugar, another one with addition of two spoons of sugar and the third one with three spoons of sugar added were dipped in PTC paper and test conducted to determine the level of taste as either very bitter or very sweet and in a scale of between 1 to 5, the results were noted in small tables. The experiment was repeated severally to determine the exactitude and also to show results among different individuals. From the experiment, we were able to

Compulsive Gambling Essay Example for Free

Compulsive Gambling Essay More than 5 million Americans are pathological, compulsive and problem gamblers, and another 15 million are at risk of becoming just like them. A common definition of problem gambling is: a progressive disorder characterized by a continuous or periodic loss of control over gambling and irrational thinking and behavior despite the consequences. When gambling interferes with any ones life, it can be categorize as an addiction or disease, just like alcohol and drug addiction is categorize as a disease. A study conducted for the National Gambling Impact Study Commission found that 20 million American have or could develop gambling problems. Also they have estimated those 1. 8 million American adults as well as up to 1. 1 million American adolescents age 12 through 17 engage in severe pathological gambling each year. As legalize gambling has become more common in the United States; problems have sprung up as well. That negative influence is becoming more apparent as gambling is more widely available. It is becoming increasingly easy to gamble in the United States particularly in the last 10 years, and problems with gambling are much more common now than they ever were. Studies show that for every dollar gambling produces for a regional economy, three dollars are lost because of the economic and social cost of gambling. The study has also said that if the government legalizes more gambling, taxpayers will lose money, whether they gamble or not. The gambling industry believes it is just selling an innocent form of family entertainment, but they dont mention how much the players lose or how gambling encourages addictive behavior or the enormous costs it creates for the rest of society. It has been said that, gamblers with higher counts of gambling symptoms will have higher rates of problem. There many consequences associated with compulsive, pathological and problem gamblers. Examples of such consequences include job and financial problems, divorce, poor health, and criminal involvement. These addictions are the lifeblood of the gambling industry, said an economist from the University of Illinois by name Earl Grinols. He researches and found out, that casinos earn more than half their revenues from compulsive, pathological, and problem gamblers. The casino industry is heavily dependent on the revenues of psychologically sick people, says Grinols. Millions of families are paying a heavy price, not just financially, but also strains in family and marital relationship. Family members of compulsive and pathological gamblers are hurt by their disease, mainly because an emotional withdrawal occurs, which leads to separation.

Origins of the British East India Company and Its Influence on the Brit

The British East India Company played a key role in one of the most successful periods of British history. The East India Company was responsible for the invasion of the Indian subcontinent, which became one of the empire’s leading supplier of profits. The East India Company was responsible for the overthrow of Hong Kong and other Asian countries; it was responsible for creating Britain’s Asian empire. The British East India Company began as a joint-stock corporation of traders and investors which was granted a Royal charter by Queen Elizabeth 1 to trade with the East. The original name of the corporation when it first formed was Governor and Company of Merchants of London Trading into the East Indies (Landow). They joined together to generate money importing spices from South Asia. James Lancaster was in charge of the 1st company voyage in 1601 that sailed around the coast of South Africa and across the Indian Ocean, arriving back in London in 1603 with ships filled with pepper. In the 1600s, pepper was the most significant part of the British East India Company’s commerce. The group established its first Asian factory in Bantam and â€Å"it was here that the English were able to expand into other parts of Asia† (The [British East India] Company Story). Market at Bantam was multicultural because of other merchants from Arab, Turkey, Iran, and China trading products from their own nations. The company had woolen cloth and silver, but Asian traders favored Indian textiles which were good quality; therefore, it had to uncover ways to get fabrics from India. In 1611, after failed attempts to enter into agreement with Mughal Emperor, Jahangir, the British East India Company enquired King James 1 to send a representative. The ambassad... ...t finally â€Å"went out of existence in 1873† (Landow). In the course of its supremacy, the British East India Company created trade across the Middle East and Asia. It regulated its own regions and played a role in influencing the American Revolution. The company’s products were the source of the Boston Tea Party in colonial America. Works Cited "The [British East India] Company Story." History. Trading Places. The British Library Board, n.d. Web, 3 Jun 2011. "The Boston Tea Party, 1773." EyeWitness to History. Ibis Communications, Inc., 2002. Web. 3 Jun 2011. Landow, George P. "The British East India Company: The Company that Owned a Nation (or Two)." George P. Landow, Professor of English and Art History, Brown University. Victorian Web. George P. Landow, Professor of English and Art History, Brown University, 6 Apr. 2010. Web. 3 Jun 2011.