Research Proposal

BPs Big Pay Out Business seek and abridgment Issues CORP 2181 Elliott Ryder P09257009 Harry Kiss P09302436 Chris Britton Word believe - 1359 Background On April 20, 2010, BP pass happening when drilling for anele colour off the Gulf of Mexico as an explosion killed 11 men on an oil colour colour outturn and created an oil acquittance on an epic scale, it is now allegedly thought the disaster occurred due to an obsession with cost bang-up on behalf of antecedent CEO John Browne, rather than way on oil engineering he focused on financial engineering. The BP oil spill has been one of the largest marine oil spills in explanation thus far costing BP billions of pounds; as a exit voice worth for British crude plummeted at an exponential rate free falling by everyplace 50% on the London stock exchange. BP is an fireing problem to the researchers, as of March 2010 it was the second most profitable go with on the planet (Forbes, 2010) so the success or l oser of the backup could generate huge macroeconomic effects. As it stands the commercialize is oligopolistic featuring nearly monopolistic characteristics; if BP were to fail the market would shift walk-to(prenominal) to a monopoly potentially effecting global markets.

Research Question The researchers have taken an interest in the topic due to the recent outstanding append in publicity, with BP featuring in the media regularly for generally proscribe reasons reservation the researchers wonder how the bad publicity is affecting the alliances value. The question the researchers have decided to research is What has caused the share price of the second most profitable o! il association in the world to fall? Research Objectives The researchers have proposed three research objectives to aid the research. 1. Have any recent events triggered the fall in share price? The researchers will look into BPs nettled history to acknowledge any anomalies that may have authorise to a fall in share price. 2. Has the luck of election fuel sources lead to less confidence in...If you indispensability to express a full essay, order it on our website: BestEssayCheap.com

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