Ethics and the Oil Industry - 1623 Words

Ethics and the Oil Industry Todd Bosta Monday, November 8, 2010 Does anybody Care? As the US Economy continues to dive, unemployment persists at a level not seen since the Great Depression, and the US Federal Government sees fit to continually bailout big business, it escapes logic why the cost of oil once again, is on the rise. The US oil companies would have us believe it has to do with the Middle East oil producing nations cutting back on production, therefore raising the price. The energy traders at the New York Stock Exchange shrug it off to supply and demand. Many theorize that America has billions of surplus barrels of oil. I believe it is pure greed from these entities. With so many Americans struggling†¦show more content†¦Based on this type of fabricated speculation, the value of the dollar and supposed turmoil around the world, this can have a serious effect on the price of oil, or so we are lead to believe. â€Å"In California, over a 21 month period, October 2006 to June 2008, a gallon of gas rose from $2.29 to $4.59 a gallon† (Herszenhorn, 2008). On a network-news website in Tallahassee, Florida, the lead article said, â€Å"Congress is poised to investigate what role speculators are playing in rising gas prices.† It went on to say, â€Å"The prices keep cl imbing. The price at this Tallahassee station was 10 cents cheaper just six days ago. Panama City stations are even worse where the price of gas Monday jumped 10 cents a gallon just Monday afternoon.† (Ray, May 2008). In April of 2008, Governors from several states called on the White House, the Energy and Justice Departments to begin an investigation into insider trading, illegal price fixing and speculator manipulation. This included collusion within the oil companies. Amazingly, by November 24, 2008, a gallon of gas was $1.71 a gallon. Everyone was so relieved of the incredible price drop, no one bothered to ask the oil companies how it was possible that gas could drop $2.87 a gallon in five months when it took 21 months to increase $2.30. I suppose we will never know. I suppose I would not fret if I was one who had a lot of stock in any oil company. 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Snow By Orhan Pamuk Final Paper - 1371 Words

Snow Orphan Pamuk – Final Paper Snow by Orhan Pamuk is a story set in the volatility of a small Turkish town called Kars, which is just off the Turkish border. The city of Kars is currently in a battle between tradition and change and religion and modern atheist, all set in the beautiful, but sometimes treacherous beauty of a border city during a winter snowstorm. Ka is an exiled poet, who has returned to Turkey because of the death of his mother. Ka travels to the northern city of Kars to visit someone he knew in college and admired from afar Ipek. He uses the excuse of being a journalist sent to the city to write about the recent suicides of young girls and the upcoming mayoral election. While in Kars, Ka is immediately caught up in the events of the town, and has the opportunity to meet with governing bodies and families of the suicide victims. This paper will explore the idea of Islamic feminism in the context of Kars and the relationship between state authority, disobedience, and individual freedom. In Snow, Ka, the protagonist identifies the suicide girls and the ones who are against taking off their hijabs as â€Å"Islamic Feminists, which means, Islamic feminists ground their arguments in Islam and its teachings, seek the full equality of women and men in the personal and public sphere, and can include non-Muslims in the discourse and debate. In Snow, the headscarves controversy overshadowed turkey and the modernized state, the secularist elites implement secularism by

Unilever Procter and Gamble Free Essays

Unilever [pic] The company was formed by a merger of Dutch Margarine Union and British soap-makers Lever Brothers in 1929. Unilever was one of the world’s first genuine multinationals with operating companies in more than 40 countries. The company produces and distributes a vast number of well known brands in the areas of nutrition, hygiene and personal care that are used by consumers all over the world. We will write a custom essay sample on Unilever Procter and Gamble or any similar topic only for you Order Now The history of Unilever dates back to 1885, William Lever established a soap manufacturing company in the UK with his brothers and named the company Lever Brothers in 1885. William Hesketh Lever was born at Bolton; Lancashire in 1852 was the son of grocer. Together with James Lever, William Lever opened soap factory at Warrington, England, in 1885. Their products, Sunlight, the world’s first packaged soap, were very successful. The soup they made in ready moulded tablet. Previously laundry soap was marketed in bars and grocers cut off pieces and sold them by weight. Until 1919 Lever was wholly own a controlled by the founder. By 1919, as a result of ingle minded expansionist, commercial policies, his firm accounted for 60 percent of soap production in Britain. Two butter makers, Jurgen and Van den Berghs formed Margarine Union in 1927. The Dutch Margarine Union merged with Lever Brothers of United Kingdom in 1929 to form Unilever. During the 1930s, the structure and management do Unilever has been describe as a professional largely non-family managed hierarchy. Unilever has been present in the North Africa and Middle East region since 1933. For tax, purpose, two separate entities were established, one in London and another in Rotterdam. Historically, Unilever has grown to be a very multilocal company. However, while the company used to work with regional supply chains on regional brands. Unilever started to globalize their brands in the early and mid 1990s. Mergers Acquisitions and Divestments of Unilever ? With effect from 1 January 2008, Unilever entered into an expanded international partnership with PepsiCo for the marketing and distribution of ready-to-drink tea products under the Lipton brand. ? 2nd April 2008, acquisition of Inmarko, the leading Russian ice cream company. ? 4 December 2008, a 50:50 joint venture between two Singapore-based companies, Wilmar International Limited and Olam International Limited for sale of our edible oil business. 24 February 2009, Unilever agreed to acquire the iconic Romanian ice cream brand Napoca, as part of our expansion into the country’s ice cream market. ? 4 April 2009, acquisition of the global TIGI professional hair product business and its Advanced Education Academies. ? 3 July 2009, acquisition of the sauces business of Baltimor Holding ZAO, the leading ketchup business in Russia. ? 18 January 2010, Unilever signed a definitive agreement to sell their Shedd’s Country Crock-branded chilled side-dish business in the US to Hormel Foods Corporation. 19 August 2010,  Unilever signed an asset purchase agreement with Norwegian dairy group TINE, to acquire the activities of Diplom-Is ice cream operations in Denmark. ? 24 September 2010, Unilever announced an agreement to sell Unilever’s consumer tomato products business in Brazil to foods company Cargill for approximately â‚ ¬260 million. ? 28 September 2010, Unilever and EVGA announced that they would acquire EVGA’s ice cream brands and distribution network, enriching their ice cream portfolio in Greece. 6 December 2010, Unilever completed the acquisition of the Sara Lee Personal Care and European Laundry business for â‚ ¬1. 2 billion. ? 10/05/2011, Unilever acquired the Alberto Culver Company. Proctor Gamble [pic] Since 1837, PG has built a rich heritage of touching consumers’ lives with brands that make l ife a little better every day. In 1887, PG institutes a pioneering profit-sharing program that gives employees an ownership stake in the Company. This significant innovation helps employees connect their vital roles with the Company’s success. In 1924, PG becomes the first company to conduct deliberate, data-based market research with consumers. This forward-thinking approach enables them to improve consumer understanding, anticipate consumer needs and respond with products that improve their everyday life. In 1941, PG becomes one of the first companies to formally respond to consumer correspondence by establishing the Consumer Relations department. The addition of toll-free phone numbers in 1973 and e-mail in the 1980s further enhance consumers’ ability to contact and keep the consumer at the heart of all they do. In 1955, Crest is co-developed with Indiana University. This collaboration delivers a product that is a breakthrough in the use of fluoride to protect against tooth decay, the second-most prevalent disease at the time. In 2002, PG develops Naturella feminine pads specifically to meet the needs of low-income women in Latin America. Based on deep consumer understanding, Naturella responds to consumers’ desire for freshness with chamomile, a unique ingredient never before used in feminine care products. In 2005, High Frequency Stores common in developing markets emerge as their largest customer channel. Consisting of nearly 20 million stores across the world, HFS represents a particular opportunity in fast-growing, low-income markets. Through HFS, we connect to consumers with affordable products and packaging specially designed for their needs. Mergers Acquisitions and Divestments of PG ? Procter Gamble (PG) agreed to sell â€Å"iconic snack brand† Pringles to Diamond Foods in a deal worth $2. 3bn (? 1. 4bn). Pringles, the world’s largest potato crisp brand, will triple Diamond’s existing snack business. ? Divested its Western European tissue/towel business to SCA, a global consumer goods and paper company. The deal involves the sale of manufacturing assets, PG’s Tempo brand in Europe and Hong Kong, and the licensing of Charmin Bounty trademarks in Europe. ? Divested its slow-growing Folgers coffee business as a sacrifice to its long-term growth goals. ? In 2005, P acquired the largest acquisition in its history by purchasing Gillete brand for $57 billion. This deal not only included Gillete razors but also Duracell batteries and Braun and Oral-B brand dental products. This deal gave P even more control over  shelf-space in retailers all over the world. Current Global Position Let us see where the two companies stand in the World’s Most Admired Companies from the data collected by Fortune: | | | | | | | | | Strategic Problems today Recommendations How to cite Unilever Procter and Gamble, Papers