Chevron Case Study - 3960 Words

Case 1: Chevron October 24, 2011 Introduction of the Company Chevron began with the discovery of oil north of Los Angeles in 1879 and was originally named the Pacific Coast Oil Company. Later John D. Rockefeller’s Standard Oil bought Pacific Oil in 1900 to form Standard Oil (California). In 1911, the Sherman Antitrust Act would force the breakup of the parent Standard Oil and Chevron became Standard Oil of California or Socal. Socal would go on to form joint venture with Texaco in 1936 to form Caltex, to develop and market oil in the Middle East and Indonesia. It would then go on to form the Aramco partnership in the Middle East, which composed of Socal, Texaco, Exxon and Mobil but by 1980, Aramco was completely owned by the†¦show more content†¦Each play an important role in Chevron operations to ensure each area of operation is properly addressed and executed successfully. Financial Analysis Chevron is the second largest producer in the U.S. and one of the six largest producers of oil in the world. In 2009, Chevron reported Q3 earnings of $3.83 billion compared to the $7.89 billion reported in Q3 of 2008. Chevron had total revenue of $273 billion, its total cost and expenses were $37 and had a net income of $24 billion in 2008. For the first 9 months of 2009 earnings were $7.41 billion, down 61% from $19.04 billion in the first 9 months of 2008. Chevron’s net profit margin in 2008 was 8.8 percent, slightly lower than the industry average of 10 percent, its debt to equity ratio was only .10 less than the industry average of .25, making it easier for Chevron to borrow more if needed. In 2008 Chevron had a return on equity of 27.6 percent surpassing the industry average of 19 percent and a price per earnings ratio of 8.2 times. Chevron performed well when it came to management efficiency. Their income per employee was 372,758 outperforming the industry standard and SP and had $4 million in revenue per employee. They had an inventory turnover of 23.2 and an asset turnover of 1.2, again outperforming both the industry average and SP.Show MoreRelatedChevron Case Study1617 Words   |  7 PagesCase Study: Chevron Corporation (CVX) History The multinational Chevron Corporation dates back to its early beginnings in 1870 as Pacific Coast Oil Company. Following subsequent mergers, they eventually emerged as Standard Oil Company in 1911 after a forced divestiture into 34 independent companies by the U.S. Supreme Court under the Sherman Antitrust Act. It would later become Standard Oil Company of California (SoCal) after acquiring Pacific Oil Company in 1926. 10 years later, theRead MoreCompetitive Bidding and Acquisition: Chevron Case Study680 Words   |  3 PagesHowever, the most uncertainty that was faced from the Unocal organization before the deal was complete was who was going to buy the company. There were several interested parties including the Chinese CNOOC who actually offered a higher price than Chevron. If the Chinese national firm would have purchased Unocal there would have undoubtedly been many changes that would have occurred in the company internally. However, members of Congress actually passed certain legislative barriers which were craftedRead MoreThe Environmental Performance of Chevron in Terms of Fulfilling Social Needs Within Society and Stakeholders1706 Words   |  7 PagesWith annual revenue of US $19.02 billion, Chevron Corporation is the 16th largest integrated oil and gas energy company in the world. Globally they account for a workforce of approximately 62,000 (Forbes 2011). In 2010, the company produced 2.763 million barrels of oil per day (Chevron 2012). Corporations as large as Chevron owe a great amount of responsibility towards the society and environment above and beyond the economic and legal obligations. The industry is strongly linked to environmentalRead MoreChevron (Value Chain + Core Competencies)1423 Words   |  6 PagesConclusion 7 References 9 Introduction Chevron Corporation is multinational energy organization engaged in every facet of the oil, natural gas and thermal energy industries. Its downstream operations include selling products such as fuels, lubricants and petrochemicals to the global market. Chevron’s success is greatly driven by their vision ‘to be the global energy company most admired for its people, partnership and performance’ (Chevron Corporation, 2015), reflecting their initiativeRead MoreEssay on Stakeholder Analysis- Fracking803 Words   |  4 PagesAnalysis Pursuing hydraulic fracturing as a top manager of Chevron, I will describe the dilemmas that are associated with fracking. The first problem with this procedure is finding the appropriate land and leasing it from the landowners. With talk around the country, it can be difficult finding land because of landowners’ personal experience with the practice of hydraulic fracturing. In southwestern Pennsylvania there have been cases of animal birth defects, faucet erosion, stomach pains, and otherRead MoreEnvironmental Policy : The State Of Michigan And The Environmental Protection Agency884 Words   |  4 Pagesin American politics. The landmark case between the state of Michigan and the Environmental Protection Agency arose the recurring question as to whether, and to what extent, agencies should account for the cost of engaging in environmental regulation and public health. This has not been the first time the Supreme Court has had to deal with such issue, in fact this has been t he fifth time the court has had to intervene in a related matter. In this specific case of the state of Michigan and the EnvironmentalRead MoreThe Terms Of The Environment : Center For Sustainable Shale Development1107 Words   |  5 PagesCorporation (HES) earns a place for the seventh consecutive year on the Dow Jones Sustainability Index (DJSI) North America, which identifies firms for outstanding economic, environmental, and social performance (Business Wire, September 9, 2016). Chevron Corporation (CVX) presents its sustainable operations on Barrow Island by setting a high business conduct (The Australian Financial Review, March 9, 2016). There are also some negative media releases concerning the environment. For instance, ExxonRead MoreWhy Is It Important For Oil And Gas Business?1091 Words   |  5 Pagesgas industry, professionalism is a basic requirement from the people who work for energy production right from the geologist to production engineer stage. If we lack at any stage our whole project may lead to unsuccessful or net profit may reduce. Case Study 1. NATIONAL IRANION OIL COMPANY (courtesy: en.nioc.ir) National Iranian oil company (NIOC) has successfully increased its production capacity of crude oil to 4.335 million barrels per day from March 2007 to March 2008, compared with 4.275 millionRead MorePt Chevron Pacific Indonesia and Hsbc3549 Words   |  15 PagesExecutive Summary This case study report describes a research on two large organizations namely PT Chevron Pacific Indonesia and HSBC in relation to their approaches to managing workforce diversity. The goal of this report was to identify workforce diversity theory and its advantages and disadvantages of managing workforce diversity. It also aims to analyse two organizations approaches to managing workforce diversity and evaluate advantages and disadvantages of the organizations’ approaches basedRead MoreEthics Is A Moral Principle That Governs A Person1265 Words   |  6 Pagesuse to guide us in our everyday life. However when it comes to Environmental ethics, we all have different point of views. Environmental ethics according to the Stanford encyclopedia of Philosophy is defined as â€Å"the discipline in philosophy that studies the moral relationship of human beings to, and also the value and moral status of, the environment and its non-human contents†. The reason why there is such a different point of view is because of education or just human greed. Not everyone in the

Essay about Important Terms in Cultural Anthropology

Mr. Healy, Period 5 4/25/13 Chapter 4 KBAT Material Culture-The physical objects produced by a culture in order to meet its material needs: food, clothing, shelter, arts, and recreation. Culture-The body of beliefs (values), social forms, and material traits that together constitute the distinct tradition of a group of people. Folk Culture-Cultural traditions practiced by a small, homogeneous, rural group living in relative isolation. Popular Culture-Cultural elements found in large, heterogeneous society that shares certain habits despite differences in personal characteristics. Globalization-Actions or processes that involve the entire world and result in making something worldwide in scope. Habit-A repetitive†¦show more content†¦Culture-The body of beliefs (values), social forms, and material traits that together constitute the distinct tradition of a group of people. Cultural geography- the study of the impact of human culture on the landscape Cultural regions- A formal or functional region within which common cultural characteristics prevail. 2. Anglo-American- English Latin-American- Spanish but with a wide distribution of others such as English, German, French, and Latin. 3. Folk cultures origin is anonymous and it diffuses very slowly and develops over time. It is clustered distribution, isolated and lack of interaction, breed uniqueness and always has something to do with the environment. It is usually located in a rural community and the community is very close together. The folk cultures houses are normally built with wood and bricks, and do not have blueprints. Folk cultures do not like to change a tradition. Food comes from what local wilderness produces and they ‘live off the land’ Popular culture has a wide distribution, and they go from place to place rapidly and more likely differences at one place over time. Their housing is a small region and it varies from region to region, but most of the time there are trends. Their food is from cargo and there is no limit of distance if something is popular, for example, drugs and snacks. 4. An example of folk culture isShow MoreRelatedAnthropology and Its Branches1728 Words   |  7 PagesAnthropology is the study of human beings, in particular the study of their physical character, evolutionary history, racial classification, historical and present-day geographic distribution, group relationships, and cultural history. Anthropology can be characterized as the naturalistic description and interpretation of the diverse peoples of the world. Modern-day anthropology consists of two major divisions: cultural anthropology, which deals with the study of human culture in all its aspects;Read MoreFranz Boas : Cultural Anthropology Essay817 Words   |  4 PagesNew York for several reasons, the main one being that it kept him close to the North American Indians and Inuit who were the peoples most fascinating to him. In 1899 he became a professor of Anthropology at Columbia university and went on to teach and mentor some of the most important people in Anthropology today. Boaz received much of his schooling from scholars in Germany, who like many others, were skeptical of evolutionism. Boaz became convinced that the task of an anthropologist wasn t simplyRead MoreEthnicity, Culture And Identity1362 Words   |  6 Pagesstrive to understand the changes happening around us. The definitions of each of these words are controversial as everyone interprets them differently. Ethnicity refers to ‘The fact or state of belonging to a social group that has a common national or cultural tradition’, culture refers to the patterns of social organisations, economy, and beliefs that are learned and shared by members of a social group.’ and identity is a person s conception and expression of their own and others individuality or groupRead More Culture and Race Essay1253 Words   |  6 Pagestheir view that is a contradiction in terms. Boas sates that, â€Å" culture was expressed through the medium of language but was not reducible to it; mor e importantly, it was not race. Culture became everything race was not, and race was seen to be what culture was not; given, unchangeable biology,† (Visweswaran, p. 72). Not only focusing on culture, but anthropology has a substantial connection as well. Anthropology is the field in which the study of cultural and biological variations among humanRead MoreBook Report on Anthropology of Globalization by Lewellen1571 Words   |  7 PagesPosting-wk-9 It was a long, difficult reading of a technical-term-loaded text, but immensely enjoyed! So much more to be said, but I stop here. I look forward to your lively, insightful interactions and discussions. Major Learnings Chapters 1-2 o Contemporary globalization is an on-going process of not just economic flows, but also cultural flows—the increasing flow of trade, finance, culture, ideas, and people brought about by the technology of communication and travel and by the worldwideRead MoreAn Analysis Of Nancy Scheper Hughes Article1270 Words   |  6 PagesIn Nancy Scheper-Hughes article she draws on her fieldwork in South Africa, Cuba and Brazil where she encountered a challenge to sociocultural anthropology as she saw a transition from her using an objective model to a moral model. She has calls for an ethically grounded, militant anthropology because she sees the importance of being fully involved in one’s own research rather than just simply being an observer. According to Hughes, acting primarily as a witness does not allow you to fully understandRead MoreAnthropology : Indigenous People And Tribes Essay1164 Words   |  5 Pages Anthropology: Indigenous People/Tribes Change due to Outside Contact Outside Contact does not inevitably result in depopulation, despite the fact, that in many cases, it is followed by cultural and social disintegration. I will bring up the reasons to why outside contact change tribes, and why these their cultures change over time due to outside contact. So what is Social Anthropology, and how does it relate to Australian Aborigines? Social Anthropology is the comparativeRead MoreImportance Of Time, Context And Material1309 Words   |  6 PagesARC1 Supervision (Monday, 20 October) Daniel Orvomaa Discuss the importance of time, context and material culture in archaeology. Which of these three, based on your analysis of their use in archaeology, is most important to the distinctiveness of archaeology as an anthropological discipline? Introduction If we were to imagine all the humanities, and especially the anthropological disciplines at the centre of them, together with the natural sciences trying to form some sort of grand narrativeRead MoreThe Interconnectedness Of Cultural Anthropology And Folk Literature1308 Words   |  6 Pagesis to explore the interconnectedness of cultural anthropology and folk literature. There are many essays that have already shown the interrelationship between folklore and anthropology1. Both these umbrella terms have many things in common but when it comes to folk literature and cultural anthropology, some distinctions become apparent. To say, hence, this paper is different in a sense that instead of dealing with the broad areas of folklore and anthropology, it looks at their branches and exploresRead MoreCultural Study Of Anthropology Of Sports1493 Words   |  6 Pagesbackground information on the research topic. The study background are presented in this order: The first section covers a gen eral overview of anthropology of sports. The second heading covers the ethnographic background. The third heading is of this chapter sheds light on autoethnographic study. The fourth heading is habitus, with a sub-heading thus: the socio-cultural study of the body. The fifth heading is on nationalisation theories. The sixth heading is on globalisation theory. The seventh heading is

Interesting Essay Questions About Queen Elizabeth I Example For Students

Interesting Essay Questions About Queen Elizabeth I Queen Elizabeth I Were Queen Elizabeth I and Catherine the Great effective rulers? Were their reignscharacterized as good or not so well? Disregarding the opinion of those who reignedconcurrently or historians today, these two ruled their country in a time of turmoil anduncertainty! The world and the people within it were undergoing a major transition. Newlands were being discovered as well as major role-playing continents and countries werechanging status. Some losing power while others gained it. Queen Elizabeth I andCatherine the Great ruled their country to the extent in which they were able and theirsubjects allowed them to. Queen Elizabeth I of England was a remarkable ruler. Elizabethwas born in 1533 to Henry VIII of England and took the throne in 1588 at the age oftwenty-five and reigned until 1603 when she passed away (Sowards, 28). Elizabeth wasthe last of the Tudor Dynasty (Upshur, 465). Due to her fathers uncontrollablehap-hazardous rule, Elizabeth, at only the age of twenty-five, was already faced withdilemma within England. Henry VIII wanted a male to take over his throne so when he felthis time was running out, Henry VIII needed to divorce his Queen at that time but theCatholic Church doesnt allow this. He separated from the church and brought Englandwith him. He turned England into a protestant nation. Needless to say people wereconfused and had to make huge adjustments. At the beginning of Elizabeths reign therewas confusion. She was a firm Catholic however she made a compromise between the tworeligions. Queen Elizabeths decision was due largely from the consent of her people(Upshur, 465). However, Elizabeth knew that two religions would cause problems. Asreestablished, the Anglican Church was protestant in its Theology, but much of its ritualand ecclesiastical organization remained Catholic in form(Upshur, 465). Elizabethbelieved that loyalty of her people would bring them together as well as the country. Thepeople were not forced by the state but by their own consciences. The people of Englandsaw Queen Elizabeth as compassionate as well as decisive. By allowing the people todecide, Queen Elizabeth gained their trust and loyalty unlike her father before her. QueenElizabeth did not force the people but allowed them to decide on their own and for theirvoices to be the deciding factor. In fact, The greatest achievement in English history, thebreaking the bonds of Rome, and the establishment of spiritual independence, wascompleted without bloodshed under Elizabeths auspices, and Elizabeth may have theglory of the work(Sowards, 37). The people of England were in no need of a governmentthat was more concerned about it more than it was for the people. Elizabeth was Queenbut she established good ties with parliament. England did not need the rule of a monarchythat controlled strictly, took the peoples wealth, and taxed. By taxing the peopleparliament could control the people (Upshur, 464). However, this was the exact oppositeof what Queen Elizabeth did. She was wealthy, however, she allowed the people ofEngland to have the opportunity to gain wealth. Without alienating public opinion, QueenElizabeth gained what she wanted. Queen Elizabeths policies coincided with the interestsof the people (Upshur, 465). Queen Elizabeth was active in foreign policy. The people ofEngland, her subjects, began to see new materials due to her intervention in foreign policy.Furthermore, they began to obtain wealth. Elizabeth began trade with India and granted acharter to the English East India Company (Upshur, 465). This opened the path for tradeas well as the ideas for others to strive to achieve goals, and to set higher standards. Thisgave some morale to the people of England. She also established relations with the rulersof Russia and authorized the formation of the Muscovy company, the first in westernEurope to trade with Russia (Upshur, 465). Queen Elizabeth was under the normal stressof any ruler of that time. .uf0dd8c2a3fd475464f1aad8e981f6e37 , .uf0dd8c2a3fd475464f1aad8e981f6e37 .postImageUrl , .uf0dd8c2a3fd475464f1aad8e981f6e37 .centered-text-area { min-height: 80px; position: relative; } .uf0dd8c2a3fd475464f1aad8e981f6e37 , .uf0dd8c2a3fd475464f1aad8e981f6e37:hover , .uf0dd8c2a3fd475464f1aad8e981f6e37:visited , .uf0dd8c2a3fd475464f1aad8e981f6e37:active { border:0!important; } .uf0dd8c2a3fd475464f1aad8e981f6e37 .clearfix:after { content: ""; display: table; clear: both; } .uf0dd8c2a3fd475464f1aad8e981f6e37 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf0dd8c2a3fd475464f1aad8e981f6e37:active , .uf0dd8c2a3fd475464f1aad8e981f6e37:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf0dd8c2a3fd475464f1aad8e981f6e37 .centered-text-area { width: 100%; position: relative ; } .uf0dd8c2a3fd475464f1aad8e981f6e37 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf0dd8c2a3fd475464f1aad8e981f6e37 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf0dd8c2a3fd475464f1aad8e981f6e37 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf0dd8c2a3fd475464f1aad8e981f6e37:hover .ctaButton { background-color: #34495E!important; } .uf0dd8c2a3fd475464f1aad8e981f6e37 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf0dd8c2a3fd475464f1aad8e981f6e37 .uf0dd8c2a3fd475464f1aad8e981f6e37-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf0dd8c2a3fd475464f1aad8e981f6e37:after { content: ""; display: block; clear: both; } READ: The Atomic Bomb in World War II Essay Or was she? For thirty years she was perpetually a mark forassassination, and her spirits were never affected, and she was never frightened intocruelty (Sowards, 36). Elizabeth, opposite of past rulers, was trying to live downEnglands reputation as being a nation of war. Elizabeth negotiated as opposed to initiatingwar (Sowards, 32). The Elizabethan Age was peaceful. The people of England may havebeen used to traditional fighting, however, Elizabeth kept peace. Queen Elizabeth had adesire for peace. She managed the nation of England well to sustain a peaceful life whileother countries fought wars, lost, and fell into succession. Queen Elizabeth was a peacefulruler, however, she did engage in on act of warfare. She is most famous for her dramaticvictory over the Spanish Armada during the summer of 1588 (Sowards, 25). Englishhostility to Spain was growing for a number of reasons: sympathy for the beleagueredFrench Huguenots and the peasants of Holland locked in their own desperate struggle withPhillip; the undeclared sea war with Spain that English privateers and pirates had alreadybeen carrying on for a generation(Sowards, 26). There was no ground war and thepeople of England never became unrested. Queen Elizabeth was patient and did not jumpinto war with Spain. She fought on her own terms (Sowards, 38). This was a sign of asmart ruler. This led to National importance for England. England became supreme on theseas. English commerce increased to the Old World and colonies were formed in the NewWorld(Sowards, 33). Queen Elizabeth I was liked by her subjects because she was aneffective ruler. She brought effective government to the people through parliament. Sheopened the opportunity for trade as well as the opportunity to gain wealth. QueenElizabeth I also set the precedent that all nations are not as powerful as they may appearby defeating the Spanish Armada. This enabled other smaller countries to set sail in theseas to gain wealth and explore new territory.

The Roles of Women in Nazi Germany free essay sample

Examines the roles and perceptions of women in Germany from 1930-1940. This essay examines the role of women and motherhood during the 1930?s, when the Nazi regime took over Germany. It takes a hard look at the views and opinions about women by the leaders of the Nazi regime. The Nazi regimes views of what a womans role should be and what they actually were, were very different. A womans place was in the home, looking after her husband, her home, and most importantly, her children. The Nazi ideology saw women as inferior to men, a woman should be at home and having children, Kinder, Kirche, Kuche. Goebbels said a womans primary, rightful, and appropriate place is in the family, and the most wonderful task that she can perform is to present her country and people with children.[i] The image of marriage and motherhood was sold not only as a benefit to the individual and family but also an obligation to the state. We will write a custom essay sample on The Roles of Women in Nazi Germany or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The regime believed in this so much that women could apply for marriage loans, where a woman who was getting married could apply for a marriage loan, on the proviso that she left the job market.