Doubt by John Patrick Shanley Assignment Example | Topics and Well Written Essays - 500 words

Doubt by John Patrick Shanley - Assignment Example For this reason, she harshly declares that the priests is a pedophile and must leave the school immediately. Her doubt cannot be seen in a positive view as she has picked a very irreconcilable argument yet she has no evidence to show that Father Flynn is guilty. Based on her interaction with people, Sister Aloysius reveals to be a distrustful person especially to men and that is why she thinks that Father Flynn is guilty of pedophile. She is a very strict person who thinks that teachers who are not doubtful are naà ¯ve. When a boy nose-bleeds in class, she concludes that he induced the bleeding to get out of class. She shows how strict and doubtful she is when she makes such utterances as; â€Å"There is a chain of discipline. Make use of it.† (p.8), â€Å"Every easy choice today will have its consequence tomorrow.† (p.9), and â€Å"The best teachers do not perform, they cause the students to perform,† (p.11). When Sister James tells her that Father Flynn has always paid more attention to Donald Miller since he became an altar boy, she is certain that the Father has always had sexual interest in the boy or worse that the boy has already been violated by the priest. Despite all the barriers preventing Sister Aloysius from finding the answers she is seeking, she still pushes the argument of Father Flynn too far as she is torn between her personal emotions and her role as a school principal. She wants to straighten the wrong which she perceives the priest is creating in the school. However, she does take it too far in her pursuit for the truth. When she says: â€Å"In the pursuit of wrongdoing, one steps away from God. Of course, there’s a price.† I believe she stepped â€Å"away from God† by relying on her personal speculation to lie and contradict the same rules she is trying to safeguard. She feels immature and selfish at the end of the parable due to her blind rampage as she declares â€Å"I have doubts! I have such doubts!† (58).

iPhone 6 Essay Example for Free

iPhone 6 Essay Apple working on 4. 7-and-5. 7-inch iPhones for 2014 Reuters cites ‘four people with knowledge of the matter’ and as well as claiming the larger display models under consideration they also point to cheaper variants being considered too. Again, we have heard whispers of a budget iPhone for a very long time. Apple is said to be considering such products for the usually cited reason: Samsung. The report suggests Apple is starting to think it needs a broader product portfolio to compete with the Samsung. Apple’s thoughts on the subject are said to include the idea of introducing both 4. -inch and 5. 7-inch iPhone variants in 2014. Asian supply networks claim suppliers have been approached by Apple on the subject of larger smartphone display panels. At present, it’s quite normal to see any rumour surrounding Apple’s next iPhone to be pegged for both the iPhone 5S and the iPhone 6, such is the uncertainty. However, it’s also true that a few select rumours have been aimed at just the iPhone 6 specifically, particularly in cases which suggest the iPhone 6 will come on its own, later, and after a separate and distinct iPhone 5S launch. With the news that Apple is now actively looking into larger display sizes for its iPhone, T3 has created a rather awesome concept video detailing what the end result might look like. Featuring a 5. 7-inch 1080p display and Apple’s A7 chipset, the iPhone 6 concept is one of the best we’ve seen to-date. It also outlines many of the benefits – better gaming, video, and web browsing – that are associated with having a larger screen. The video concept compares the iPhone 6 to the iPhone 5, hinting at how Apple could modify the design of its existing handset to accommodate a larger 5. -inch display. The video even references Apple’s white-background video style in a bid to further suspend belief that what you’re looking at is indeed an official Apple product (FYI – this is definitely not an official Apple video). Whether we’ll one day see an iPhone of this size remains to be seen – 5. 7-inches does seem like quite a jump from the 4-inch iPhone 5. That said, Apple is rumoured to be in talks about producing a suitably larger iPhone for release sometime in 2014. Reuters says this handset will be the iPhone 6. Apple’s next flagship, the iPhone S, is expected to carry much the same design as 2012’s iPhone 5. It’ll keep the same 4-inch display and premium chassis but see some of the internal specs and hardware updated. iPhone 6 Hardware The most recent, and arguably most prominent rumour surrounding the iPhone 6 points to the idea that it’ll feature a next-gen Apple A7 processor, which may or may not, be a quad-core model. The story goes that Apple is soon to begin work on the 20 nanometre A7 chip with the help of TSMC, but that it won’t be ready for production until the first quarter of 2014. In the meantime we’ll be treated to an iPhone 5S on an A6 chip, or possibly an A6X. This does sit with some rumours which say the iPhone 5S will land in June or July, though equally similar rumours claim the model which arrives this summer will be the iPhone 6, which in turn would imply it’ll be the one toting the A6 or A6x chip. Other reports say Apple has been in talks with Intel over a possible manufacturing deal. It’s not clear whether Intel would simply fabricate Apple’s ARM-based designs or if it would create a completely new Intel-based chipset for the iPhone 6. Apple’s iPhone 6 was also name-dropped in reports about next-generation hardware carrying new 5G Wi-Fi and Bluetooth chips, suggesting it’ll hook up to nearby routers and remote devices at much faster speeds. It’s expected the iPhone 6 would have the same storage options as its predecessors – 16GB, 32GB or 64GB with no microSD slot. Could we see a 128GB version, too? Maybe although very little has been said about this aspect so far. A camera upgrade is possible and we could see a 13-megapixel sensor, although there’s some suggestion Apple will stick to 8-megapixels and simply improve the aperture, sensor array and capture features. Allegedly Apple has scheduled to have components for the next iPhone shipped by the end of May in order to hit the Q3 target. It will apparently have an improved processor, which could be the A6X chip found in the iPad 4. The camera will also be updated to a higher megapixel rating, presumably 13-megapixels. The latest rumour suggests a 16-megapixel sensor though.

Project Report On Petroleum Industry Commerce Essay

Project Report On Petroleum Industry Commerce Essay The MBA programmed provides student with a fundamental knowledge of business and organizational functions and activities as well as an exposure to strategic thinking of management. As a part of the curriculum we have prepared a comprehensive project report on petroleum industry. The theoretical knowledge is used only when are apply in our practical study. This report contains a brief about the petroleum industry playing a vital role in the growth of Indian economy. The whole project was accomplished in very systematic manner starting from collection of information through visiting various websites, books, magazines etc and than analyses it in a proper and suitable way. This report aims to provide information regarding the current position of petroleum industry in India. Its growth, challenges and issues in highly competitive market by adopting liberalization and globalization polices which are affecting the Indian economy particularly in petroleum sector. ACKNOWLEDGEMENT We would like to thank all the people who have helped us for making this project possible. Firstly we would like to appreciate the tradition of our institute, J.H.P.C.M.T which encourages such activities. We would also like to thank Dr. M.R.Parekh director of J.H.PATEL COLLEGE OF MANAGEMENT AND TECHNOLOGY for providing help whenever required. We grateful acknowledgments the value guidance and useful suggestion offered by our faculty guide Miss Jenita Patel. Finally we also thankful all our friends to helped us directly and indirectly in our project. We have also devoted with our best possible effort to complete the project. Declaration We Thakkar Nikita, Makwana Snehal hereby declare that the COMPREHENSIVE PROJECT REPORT entitled Petroleum Industry in is a result of our own work and our indebtedness to other work publications, references, if any, have been duly acknowledged. Place: (Signature) Date: (Name of Student) EXECUTIVE SUMMARY The project titled as Petroleum Industry has been undertaken with an objective of analyzing the economic growth in the india market its role for the development of the country. It represents Indias energy needs and is the most valuable public as well as private enterprise. As a collective result of private sector and public sector refinery investments in the recentpast, India will become known by 2012 as Asias largest refined product exporter, surpassing Singapore. India will stay one of Asias two largest refined product exporters for the anticipated future. India is suddenly become a global petroleum producing center because of having increasing the depth of product flows and strengthening supply chains especially clean transport fuels and for high-end industrial product. It also have far-reaching implications for regional product markets. The business of Indias large scale export oriented refining sector marks the increase of rate of a basic shift in the design of global refining in which growing economies increasingly look to production hubs in Asia and the Middle East to supply incremental refined product demand. Growth and Evolution of Petroleum Industry in India The petroleum industry is include the global processes of extraction, exploration, refining, transporting (often by pipelines and oil tankers), and marketing petroleum products. The largest volume products of the industry are gasoline (petrol) and fuel oil. Petroleum (oil) is also the raw material for many chemical products, including solvents, pharmaceuticals, pesticides, fertilizers, and plastics. The origin of the Indian oil gas industry can be traced back to the late 19th century, when oil was first struck at Digboi in Assam in 1889.In view of the significance of the gas oil sector for overall economic growth, the Government of India announced in1954 that petroleum would be the core sector industry. 1954, petroleum exploration production activity was controlled by the government-owned National Oil Companies (NOCs), namely Oil India Private Ltd (OIL) and Oil Natural Gas Corporation (ONGC).Indias refining capacity has more than trebled in the last 13 years. Reliance Industry is the first refinery industry in Jamnagar in 1999, India has an installed capacity of around 193.5 million tpa in April, 2011. The growth is likely to continue with refining capacities expected to touch 255 million tpa by 2012-13 and 302 million tpa by 2017-18, with a slew of projects announced by both the private and public sector. Today, private sector accounts for 76.5 million tpa (around 39.5 per cent) and public sector oil companies account for close to 117 million tpa (around 60.5 per cent). There has been a healthy growth in Indias petroleum refining capacity in the last five years, is as described by the given table below:- Domestic crude oil production [million tpa] 2005-06 2006-07 2007-08 2008-09 2009-10 (Provisional) Total consumption 113.2 120.7 128.9 133.6 138.2 Products from indigenous crude 26.6 28.4 28.2 27.0 27.2 Indigenous crude processing 28.3 30.2 30.0 28.8 28.9 Products from fractionators 4.2 4.0 4.1 4.2 4.4 Total indigenous production 30.8 32.4 32.3 31.2 31.6 Import dependence (%) 72.8 73.2 75.0 76.7 77.2 Self-sufficiency (%) 27.2 27.0 25.0 23.3 22.8 The capacity utilization of Indian refiners for the last few years is described in the table. Indian refiners have also operated at higher operating rates or capacity utilization compared to their regional/global peers implying efficiency in operations. But, import of Indias refining industry is growing, as the domestic crude oil production is stable at around 30 million tpa for the last few years. Generally, GDP growth rates and petroleum product consumption are linked. But, in our case, factors like availability of better roads, more fuel efficient vehicles, improvements in mass urban transport modes and increased availability of natural gas for industrial sector contributed to more moderate growth in recent times. Indian refineries are clocking higher Gross Refining Margins compared to regional benchmarks a clear sign for competitiveness in refining operations. If all the planned projects materialize, India will have an exportable surplus petroleum product of around 100 million tpa by 2012 and 140 million. Product profile This section provides a brief description of the technology and production process. An understanding of these issues is critical as it helps understand industry structure. Crude oil is a liquid mixture of hydrocarbons chemical compounds consisting roughly of six parts of carbon and one of hydrogen, both of which are fuels; it generally also carries small quantities of salts sulphur, oxygen, metals and nitrogen. The principal products obtained from the crude oil are:- Petrol:- Petrol is used to fuel internal combustion engines, mainly vehicular. It is early use as a killer of lice and their eggs has completely disappeared. Liquefied petroleum gas (LPG):- LPG is mostly a combination of propane and butane. It is heavier than air, and liquefies under pressure. It is used as a household cooking fuel, vehicular fuel and refrigerant; 4 million vehicles are estimated to be powered by LPG in the world. Kerosene:- Kerosene is also known as paraffin, is used as an illuminant and cooking fuel in India and other poor countries, and as a space heating fuel in industrial countries. Jet fuel:- It is used in jet planes, is closely akin to kerosene. Naphtha:- Naphtha is used to make additives for high-octane petrol, and to make polymeric plastics and urea, a nitrogenous fertilizer. Lubricating oil:- It is consists of greases and viscous oils used to lubricate moving parts in automobiles, industry, railway engines and carriages and marine engines. Petroleum coke:- It is mostly used as fuel, but is also used to make dry cell batteries and electrodes. High-speed diesel oil:- It is used in engines running at 750 revolutions per minute (rpm) or more. It is mostly used in diesel-powered vehicles. Light diesel:- It is used in the diesel engines running at lower speed mainly irrigation pumps and generation sets. Furnace oil:- It is made by diluting residual fuel oil from refining with middle distillates such as diesel oil. It is used in bunkers, boilers, furnaces, heaters, or as fertilizer feedstock. Demand determination of the Industry Petroleum industry in the country has undergone major transformation in the past several years. The country is now net exporter of petroleum products. Globalization of Indian economy along with high international oil prices which are a pass-through in the bulk sector has induced improvement in energy efficiency and shift of demand from liquid to natural gas (LNG). Further, improvement in road infrastructure and better vehicles has had a sobering effect on the demand for road transportation fuels. Low demand in transport fuels like HSD and MS is also due to factors like expansion of city gas distribution networks i.e. CNG. Demand determination factors:- The Demand determination factors are based on mainly two approaches. Top-down Approach and Bottom-up Approach. Top-down Approach: Overall energy requirements with share of different fuels in the primary commercial energy basket by linking GDP with energy elasticity. Bottom-up Approach: End use approach considering the impact of different parameters. While assessing the requirements factors like impact of Metro rail, CNG expansion, impact of high oil prices, conservation/efficiency improvement issues, aviation policy of the Government, Railways freight policy, growth of passenger and cargo traffic, fleet expansion plan of airlines, National Highways Authority of India (NHAI) road construction projects, construction of freight corridor, electrification plans of railway tracks vehicle population growth, impact of gas, technological improvements in engine designs, improved fuel efficiency, impact of auto LPG etc. have been measured. The demand of gas is continues to be influenced by the cost economics vis-à  -vis alternative fuels pertaining to each of the end use sectors in India. The power and fertilizer is also the dynamics of these sectors. Currently the consumption of natural gas is shared by the fertilizer and power sector to the tune of 29% and 40% respectively. The power sector is one of the continuous major consumer of natural gas. There has set target of 70,000 generation s forecasted by he ministry of power for the next 5 year period ending 2012. The industry like Petrochemicals/Refineries and Internal Consumption sectors are estimates that the annual economic growth rate of about 7%. Similarly, the iron/steel sector is also estimates same rate for economic growth. Currently the demand for petroleum product is 131.8 MMT in 2011-12 which will increased by 160.2 in 2016-17. The demand for petroleum product is also depend on the availability of the different products like petrol diesel kerosene naphtha etc. Their prices are the main factor of determining demand of these products. The petroleum refineries must considered the price parity and export parity which considered the change in price of petroleum products which depend on the past experience. Players in the Industry The various competitors are available in the petroleum industry which including the government and private sector. most of the petroleum companies are huge operations and with billion dollar balance sheet. The oil and gas production and distribution is dominated by government owned companies which are heavily regulated excepting for Reliance Industries. After liberalizing the operations of the companies like Indian Oil Corporation Ltd (IOCL), Hindustan Petroleum Corp. Ltd (HPCL) and Bharat Petroleum Corp. Ltd (BPCL) run billions of   dollars in losses as they are forced to sell petroleum products at below their cost. The polices of government are mostly informal compensating these companies through money transfers and bonds. some government companies like OIL India, ONGC and GAIL which operates in the production and have to bear less of the subsidy burden have grown and performed very well. In the private sector companies like Aban Great Offshore, Essar and Reliance have managed to grow rapidly as well with changeable degrees of success. Here is the list of the major petroleum Companies in India:- Indian Oil Corporation Ltd (IOCL):- The IOCL covers the whole hydrocarbon value chain from, pipeline transportation, marketing of petroleum products to exploration production of crude oil gas, marketing of natural gas, petrochemicals and refining. The sales turn over of Indian oil was Rs 271,074 corer and profits of Rs. 10,221 corer in 2009-10. Indian oils cross-country network of crude oil and product pipelines across 10,899 km and the largest in the country, meets the crucial energy needs of the consumers in an economical, environment and efficient manner. GAIL India:- GAIL (India) Limited, is Indias Natural Gas company, integrating all aspects of the Natural Gas value chain right from discovery to marketing. It emphasizes on clean fuel industrialization, creating a square of green energy corridors that connect major consumption centers with major gas fields in India. GAIL is growing its business to become a player in the International market. The companys revenue earned in 2009-10 was Rs 24,000 corer with net profit of 11%. It is a well managed fast growing company with high competitive barriers in India. Reliance  Industries:- It is Indias largest private petroleum company. The company achieving the remarkable growth in the last decade and is diversifying into Retail. In market top more than $30 billion it is Indias most valued company. It is also highly petroleum exporting company of India. The company is one of the largest oil refining and petrochemical complexes in the world at Jamnagar. Bharat Petroleum Corp. Ltd (BPCL):- it is the major distribution of petroleum, cooking gas and diesel in the Indian market. The companys revenue of Rs 36,000 corer and net profit of 0.5%. due to the government control The company suffer low margins and terrible stock price performance. Which forces the company to sell the product at below the cost? Even after the liberalization with increased global crude prices increasing the losses very much. The company produces a various range of products, from petrochemicals and solvents to aircraft fuel and specialty lubricants and markets them to several international and domestic airlines and hundreds of industries. Hindustan Petroleum Corp. Ltd (HPCL):- The company operates the largest refinery in the country producing Oils of international standards. This Refinery accounts for 40% of the Indias total Oil production. The company has two major refineries producing a large variety of petroleum fuels specialties. one in Mumbai and the other in Vishakhapatnam. Its huge marketing network consists of its zonal regional offices facilitated by a supply distribution infrastructure comprising terminals, aviation service stations, retail outlets, pipeline networks and LPG distributorships. The companys market share accounts for about 20% and 10% of the nations refining capacity. The company revenue earned was Rs 34,000 corer and net profit margin of 0.65% in 2010. ONGC Corporation:- The company ranks 3rd in petroleum Exploration Production industry. It produces 803 Million Metric Tones of crude and 485 Billion Cubic Meters of Natural Gas from 111 fields. It is the biggest multinational company with 40 oil and gas projects in 15 countries. The company earned Rs. 20,000 corer with net profit margin of 34% in 2010. NGC holds the largest share of hydrocarbon in India contributes over 79% of Indians oil and gas production. Distribution channel of the industry The petroleum distribution segment is rapidly adopting different kinds of supply chain solution. From crude oil selection to petroleum product distribution at the retail outlet it is chain with many links. The refining margins, the lead time associated with fundamental functions like product trading and crude buying unpredictability in oil prices make the entire process challenging. Implementation of these solution on a wide spread installations, however, is what the world is watching, as vast petroleum companies fight to chain the business. The petroleum industry has a vital need for both integration and implementation skills for taking the best value out of the differ distribution channel available. Underground, the gas station is quite modern. The tanks for super unleaded and for regular (the midgrade fuel) are larger than the normal tanks. Each tank is equipped with an electronic level check that conveys real time information about its status through a cable to the stations management system and then to the main inventory management system for the oil company whose products the gas station markets. The travels from the distribution channel push to demand pull is taking place in the section, where once the challenge was in getting the best deals on buying crude, the focus is shifting to give customer what he wants. The petroleum business is separated into refining and distribution segments. The focuses more on the distribution segment. There is a specific change to focus in the industry toward the distribution segment. The big oil companies have started monitoring the inventories of crude oil or any other petroleum products. The issues at the refining level are: which products to make in what quantity? Which crude to use? Which units to run? While the issues at the customer facing end or at the gas station are basic, namely run outs refines. The important functions within the distribution channel are optimization across alternative means of transportation, demand forecasting, replenishment method to avoid retains/run outs finally scheduling, which sequences the dispatch. Marketing and Distribution of Petroleum Products in India:- The public sector oil marketing companies (OMCs) which include Hindustan Petroleum Corporation Ltd. (HPCL), Indian Oil Corporation Ltd. (IOCL) and Bharat Petroleum Corporation Ltd. (BPCL) are primarily responsible for the marketing and distribution of petroleum products in India. With the opening of retail sector for the private players, Shell, Essar and Reliance Industries Ltd. (RIL) have also entered the retail marketing related to petroleum products. The marketing and distribution infrastructure in the petroleum sector include liquefied petroleum gas (LPG) distributorships, petrol/diesel stations, lubricants and greases outlets IOCL is the market leader in terms of marketing and distribution of petroleum products. Retail outlets in India:- The number of retail outlets (ROs) in India has increased from 31,650 in April 2006 to 40,819 in January 2011. IOCL has the widest network of ROs across India with 19,057 ROs as in January 2011. The number of LPG distributors in India has increased to 9,686 as in 2010 from 6,477 in 20011. Indias Navratna oil marketing companies Indian Oil, BPCL and HPCL- are set to report another quarter of heavy losses as they have failed to get compensation from the government for selling fuels below cost. The three oil marketing companies (OMCs) sell diesel, LPG for domestic use and kerosene through public distribution system at prices that are substantially below their costs, in accordance with the permission of their majority shareholder. In return, a small part of their losses is made good by discounts from upstream like ONGC and Oil India. The larger share of losses is made good by the government. During the June 12 quarter, the three oil marketers together had posted an unique net loss of .Rs40,536 corer as the dues from government did not arrive. The company is expecting most of the demand for Piped natural gas to come from domestic and commercial consumer sector. Limitation on subsidized LPG cylinders is expected to be a boon for its Piped natural gas business. Consumers might come forward to get a Piped natural gas connection as its rates would be economical compared to LPG cylinders. The running cost of Piped natural gas would be about 10 percent less than the cost of LPG. Piped natural gas is safer and more eco-friendly fuel for the user. As oil marketing companies move advance forcefully to decrease their distribution channels for LPG cylinders, the next few months will certainly prove trying for consumers. Currently, oil companies in India are going through a tough task of maintaining positive margins in a very unstable market of crude prices and increasing distribution cost. Oil companies also need to be prepared for active pricing scenarios for the coming future. Hence, the immediate need is to have a complete real time visibility of sales and inventory for perfect demand forecasts. Integration of different systems and different data to provide single consistent view and information to the oil company management thus forming a strong foundation for effective decision making. Key issues and current trends Issues in petroleum industries:- The global economy is a dynamic and ever-growing one in spite of the high cost of energy. This in turn is forging the demand for petrochemicals. The strong growth in demand is not backed by a sufficient supply so the cost is still to come down. Operating rates of major petrochemical product segments are very high presently. Problems faced by the India petrochemical industry:- The manufacturing units mostly use outdated format of technology and are not able to produce optimally There is a requirement for the modernization of equipments Excise duty on synthetic fiber should be rationalized Anticipation of reservation on Small Scale Units Plastic waste to be recycled and the littering habits to be discouraged India requires advantage on feedstock, so the import cost has to be brought down The industry should have access to the primary amenities of infrastructure One of the big issues is the difficulty in predicting the advance price, which will succeed in the market in the future months. Some indications are of course available with the futures prices prevailing in the exchanges. Some companies hedge their margins or crude prices by doing paper trading. The forward price is a vital input in the optimization process and can actually make the model for a particular product maximization based on its price. Current trends in petroleum industry Petroleum has proven to be the most flexible fuel source ever discovered, situated at the core of the modern industrial economy. While the industry is strong, it is subject to some very significant stresses:- à ¢Ã¢â€š ¬Ã‚ ¢ Industry consolidation (24 mergers and acquisitions since 1997) à ¢Ã¢â€š ¬Ã‚ ¢ Global industrial expansion resulting in increased petroleum demand à ¢Ã¢â€š ¬Ã‚ ¢ Tight supplies of economically extractable oil à ¢Ã¢â€š ¬Ã‚ ¢ Political instability and terrorism à ¢Ã¢â€š ¬Ã‚ ¢ High per-barrel price that accelerates development of alternative energies à ¢Ã¢â€š ¬Ã‚ ¢ Safety and the need to protect workers in hostile environments à ¢Ã¢â€š ¬Ã‚ ¢ Speed required to establish a presence in new markets à ¢Ã¢â€š ¬Ã‚ ¢ Need to spread infrastructure risk among competitors These stressors are causing oil companies to change the way they do business. From their cooperation with competitors to their massive investments in technology, from a renewed focus on safety and the environment to serious investigation of alternative fuels, these firms are reshaping the industry. How they manage these changes also influences how they view their real estate holdings and how they house the scientists and engineers who play a vital role in this transformation. The challenges oil and gas companies face are having a significant impact on how they view their real estate holdings and what kind of workplaces they provide their employees. These are important issues since many companies in this sector have vast real estate holdings. More and more these companies are managing these holdings from an enterprise-wide perspective, running their facilities like any other part of the business. They are realizing that facilities and furnishings can be a strategic tool for achieving the organizations business goals. That focus has several implications for the workplace. Petroleum includes all petroleum-based products, such as gasoline, oil, diesel fuel, kerosene, refined cleaners, and solvents. Organizations involved in upstream (exploring and extracting) and downstream activities (refining and marketing) for these petroleum products are among some of the most profitable companies in the world. Whether they are involved in upstream or downstream activities, whether they are public corporations or state-owned companies, players in the oil industry must operate within the context of significant issues and major trends that are shaping the long-term outlook for oil. Oil companies public corporations and state and non-state-owned enterprises are faced with increasing demand for petroleum products due to global industrial expansion. On the one hand, labors to get the conservative oil (produced from underground hydrocarbon reservoirs by means of production wells) have prompted oil companies to invest ever more heavily in technology and equipment. On the other, these firms have increased investments in producing unusual oil, including oil sands, shale oil, and extra heavy crude oil, some of which require additional processing to produce artificial crude. To spread the risk of investing in costly technology, equipment, and processes firms are entering into joint-venture relationships designed to spread infrastructure risk among competitors in order for the entire industry to remain healthy. In some cases, firms have required mergers or acquisitions in order to expand resources for highly technical exploration and advanced production. . Other changes on the energy scene, particularly increasing prices for both oil and gas, are prompting several companies to take a broader view of their business. They are transforming themselves through investments in alternative energy sources, including solar, wind, biomass, geothermal energy, and fuel cell technology. The realization that alternative fuels and renewable energy technologies will play an increasingly important role as a bridge between the current focus on hydrocarbons and the clean, cheap promise of hydrogen has prompted many oil companies to invest heavily in these areas. Using technology to boost productivity The technology that oil companies provide their employees is principal perimeter, especially where operational efficiencies can be obtained. Management requires solid standard metrics in order to justify investing in technology. India has steadily established itself in the core of the international production of petrochemical and petrochemical related products in the present state of affairs. With the economic growth cycle slowing down in the United States, the Asian developing nations, especially India, would preferably stand in the global petrochemical market as a producer of these products. This is one of the major challenges facing India petrochemical industry. PESTEL analysis PESTEL analysis stands for Political, Economic, Social, Technological, Environmental and Legal analysis and describes a framework of macro-environmental factors used in the environmental component of  strategic management. It is a part of the external analysis when conducting strategic analysis and gives an overview of the different macro environmental factors that the company has to take into consideration. Political:- Political factors are degree to government intervenes in the economy. Specifically, political factors include areas such as tax policy, labor   law, law, trade, tariffs, and political stability. Political factors may also consist of goods and services which the government wants to provide or be provided and those that the government does not want to be provided. Besides, governments have great authority on the health education, and infrastructure of   a nation. Economical:- Economic factors include growth, interest, exchange  and the inflation. These factors have major impacts on how businesses run and make decisions. For example, interest rates affect a firms  cost of  capital and therefore to what degree a business grows and expands. Exchange rates affect the costs of exporting goods and the supply and price of imported goods in an economy. Social:- Social factors include the cultural aspects and include health consciousness,  population growth rate, age distribution, career attitudes and emphasis on safety. Trends in social factors affect the demand for a companys products and how that company operates. For example, an old population may imply a smaller and less willing workforce (thus increasing the cost of labor). Moreover; companies may change a variety of management strategies to adapt to these social trends (such as recruiting older workers). Technological:- Technological factors include ecological and environmental aspects, such as RD activity, automation, technology incentives and the rate of  technological change. They can find out  barriers to entry, minimum efficient production level and influence outsourcing decisions. In addition, technological shifts can affect costs, quality, and lead to innovation. Environmental:- Environmental factors include weather, climate. Additionally, increasing awareness to climate change is affecting how companies operate and the products they offer it is both creating new markets and diminishing or destroying existing ones. Legal:- Legal factors include discrimination, consumer, antitrust, employment law, and health. These factors can affect how a company operates, its costs, and the demand for its products. Conclusion Crude oil is one of the most necessitated worldwide required commodities. Any smallest amount fluctuation in crude oil prices can have both direct and indirect pressure on the economy of the countries. The instability of crude oil prices group many companies away. Therefore, prices have been regularly and closely monito

Michael Moores Roger & Me Essay -- Documentary Films General Motors E

Michael Moore's Roger & Me Roger & Me is a documentary film chronicling the workings of one of the world’s largest corporations, General Motors, as it nearly turns its hometown of Flint, Michigan, into a ghost town. In his quest to discover why GM's management and board of directors would do such a thing, filmmaker Michael Moore, a Flint native, attempts to meet the chairman, Roger Smith, and invite him out for a few beers up in Flint to "talk things over." Moore is the son of a Flint autoworker and a whole family of autoworkers. Roger & Me examines how Moore's hometown of Flint is affected when General Motors closes down a series of factories in order to set up production in Mexico. The town is devastated, economically and spiritually, because GM was practically the only game in town - the city was built around GM. Since 1983, car sales had steadily risen and GM has posted record profits of nearly $19 billion. So why lay off all of these people? Moore points out that he and his friends were raised on the American Dream which promised that if you worked hard and the company you worked for prospered, you would prosper, too. Now, it seems GM's board of directors has changed the rules: you work hard, the company prospers- and you lose your job. Roger & Me shows that capitalism is not always consistent with this American Dream. Roger & Me shows that GM's board of directors used company profits not to create new jobs, but to buy already existing assets, such as data processing companies (EDS) and weapons manufacturers (Hughes Aircraft) at inflated prices, and to automate their current assembly lines, and build new plants in Mexico and in Asia -- destroying jobs in the United States in the process. In Mexico, GM pays the worker... ...t be done in work. This man is also upset because the point of unions is to increase the workers strength in bargaining with employers. The union clearly did not help in the case of the GM workers in Flint. Roger & Me is a great documentary film. It captures a lot about our form of capitalism. Moore shows the problems that large capitalist companies make, in a way that appeals to a broad audience. Since it is a real story, it is not telling some story of how things could be or would be, but how things really are. Fred Ross must evict numerous people out of their homes daily so that he has a roof over his head and food for himself. While one half of Flint is receiving some kind of Government Welfare for being unemployed, Roger Smith is giving himself a $2 million raise. In a better world profit maximization would not be the goal of an economic system or a society.

Essay --

Now that we have demonstrated the Gothic influence on the Brontes’ writings , now that we have identified the interest the Brontes had in the Gothic, it seems logical to assume then that the vampire motif has been exploited not only in Emily and Charlotte Brontes’ works, it is also exploited by Anne Bronte throughout her second work The Tenant of Wildfell Hall. The creation of traditional supernatural vampires has no rhyme or reason. It has been like the galloping horse with no horse rider to control the race. Nineteenth century vampires of Gothic literature, by contrast, are literary tools serving some particular purpose. Carol A. Senf in her book The Vampire in Nineteenth Century English Literature stresses the fact that nineteenth century writers make use of the vampire as a social metaphor in realistic fiction. She writes thus:†Ã¢â‚¬ ¦Polidori†¦does provide however the merest suggestion of the ways that writers, such as the Brontes and George Eliot, will use the vampire as a social metaphor when he gives the reader brief glimpses of a corrupt society where the wealthy, plagued by ennui, seek to alleviate their boredom by flirting with vice† (Senf: 39). Thus in the case of the vampire motif in a nineteenth century Gothic novel entitled The Tenant of Wildfell Hall, Anne uses Gothic metaphors rather than photographic descriptions to reveal the social horrors of her time. It appears now that Anne Bronte uses much the same narrative strategy as her sisters Charlotte Bronte and Emily Bronte. Like Charlotte and Emily, Anne Bronte diminishes the vampire’s mythic power and focuses on the sorts of cruelties her human characters display to destroy the lives of others. For instance, through the vampire motif Anne diverts her readers’ atten... ...uding the â€Å"New Woman† of the 1890s. That’s why the blood-sucking aspect of vampires is gradually being diluted by nineteenth century writers. It seems clear therefore, that Anne Bronte, through her outstanding work of art, joins Oscar Wilde’s view that any narrative strategy should be employed solely for unveiling the poor conditions of the time and not for gratifying a bourgeois taste of some kind. In his 1891 essay "The Soul of Man Under Socialism", Oscar Wilde stresses the fact that any artistic piece of work must be a product of the artist’s creative process. A work of art must have one supreme goal; representing what others need and not what others desire to see. This is exactly what constitutes a given artistic greatness, according to Wilde. Indeed, Only when the artist ceases to suit others’ desires, that he comes to be regarded a true artist.(witcombe.sbc.)

Essay example --

Cloud computing: Cloud computing is the inevitable future of phones and computers, its a fairly simple concept, it puts the power of a larger powerful device in a smaller less powerful device.For example say you want to play a game that only a computer is powerful enough to play but you want to play it on your phone but your phone is not powerful enough to run kerbal space program so via internet it accesses a more powerful public supercomputer and tells the computer to run the game and your phone just acts as an interface allowing you to play the game.You're also already surrounded by cloud computing, take websites for example a server and computer far away does the computations for the website which allows for these websites to stay secure, things like google drive store your cloud info and allow you to edit it and save it directly to google storage.Websites and storage is just the basis of of what cloud computing and the internet can do. Providers of cloud services could offer c ertain types of service kind of like cellphone plans, pay as you go or a fixed amount. You could have ...

Htrl – Notes

7/5/12 Notes – How To Read Literature by Thomas C. Foster Introduction: How'd He Do That? 1. Interpreting Literature A. Same Story, Different Theory, Why? The Professor is a lot more experienced than his students â€Å"We don't get it. And we think you're making it up. † – His mind is open to different theories and situations, making him somewhat optimistic. While they're pretty much closed minded only viewing situations from one point of view. They're not using the same method of thinkingThey don’t have the same â€Å"language of reading,† the students aren’t applying the same rules and strategies that the professor has learned to apply over time Putting aside the age difference, simply, people don’t think alike B. Grammar of Literature Novels, poems, plays, movies, etc. all have patterns. After the pattern is complete the audience is either pleased or not. Memory, symbol, and pattern are interpreted differently, separating professori al reading from everyone else Memory – After watching a great movie, it sticks to you.So when reading a book that the same events somewhat relates to the characters actions in the movie, one will automatically apply what they saw in the movie to the characters action which opens up another view or interpretation of what’s going on. Symbol – Professors read symbolically, opening their minds to different ideas and comparisons between different things that a student, for example, wouldn’t be able to find alike any way, shape, or form. Pattern – Observing a pattern of literature has a lot to do with mechanism 2.Every Trip Is a Quest (Except When It's Not) A. When It's Not? The story with the young teenager didn’t seem like a quest but in fact was because it had the same characters and actions that a quest has, it's a quest in disguise. A quest consist of five things and the story had those five exact things, it just wasn’t so obvious The quester is usually young and inexperienced The quester usually fails the stated task In a quest, there’s always challenges and trials 3. How, Where Have I Seen This Before? A. Connecting the dotsAfter studying and practicing literature for so long, a person begins to recognize patterns and concepts Studying literature is mostly practice After studying one thing and read others, you begin to connect the two and think â€Å"where have i seen this before† 4. It's Greek to Me A. Myths Myths show sacrifice and lost or heroism and loyalty Authors use myths to have a nice plot We sometimes use myths in our daily language, for comparisons Most myths function in the same manor Every myth have a hero with a dangerous and difficult goal that they either achieve or don’t achieve B.Underworld The underworld is a setting for final battle Conflicts in the story is made clear in the underworld 5. Is That A Symbol? A. Symbolism Sometimes an author would use allegories instead of symbols Allegories shows a specific message just as an item can be symbolic, so can an action Imagination, instincts, and past experiences is used to find symbolism in literature 6. Does He Mean That? A. 7. †¦ So Does The Season A. â€Å"†¦ writers can work magic with the seasons† Famous authors have used seasons as an advantageAuthors use seasons as different symbols for different things For example: age, moods, life, and death Not only do they use seasons but they also use holidays 8. One Story 9. Don't Read With Your Eyes A. Perspective You shouldn’t read from your point of view When reading certain things to fully understand and get a clear vision it is important to sometimes feel sympathy or even empathy Reading from another perspective helps you to better understand the text When reading something from a different culture one doesn’t have to accept the idea, just sympathy