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scoundrel [369]
2 years ago
5

Bp's expansion plans were reduced, and its ability to compete with other large multinational oil companies like____ became limit

ed
Business
1 answer:
Aloiza [94]2 years ago
3 0

BP's expansion plans were reduced, and its ability to compete with other large multinational oil companies like <u>Exxon Mobil and Shell</u> became limited.

BP (British Petroleum) is an integrated oil company which is headquartered in London, United Kingdom. This company is mainly involved in exploring and developing oil and natural gas sources.

BP's competitors were Exxon Mobil, Shell and many other large multinational oil companies. Thus, because of this competition BP's expansion plans were reduced, and its ability to compete with other large multinational oil companies became limited.

Hence, BP also failed to go beyond Petroleum.

To learn more about Exxon Mobil and Shell here:

brainly.com/question/6816869

#SPJ4

You might be interested in
Gossip and rumor in an organization are part of the ________, which itself is a type of ________ communication channel. Multiple
MrMuchimi

Gossip and rumor in an organization are part of the <u>Grapevine</u>, a type of <u>Informal</u> communication channel.

This is because a Grapevine is a form of an informal communication channel in a business organization. In this way, the information can be diffused from any level, either from bottom to top or top to bottom.

The information passed is usually in the form of gossip and rumor. It does not have official backing or formal approaches such as through emails of the business firm or signed and stamped letters.

Hence, in this case, it is concluded that the correct answer is Grapevine; and informal.

Learn more here: brainly.com/question/12163131

4 0
3 years ago
five (5) specific forces that are acting as stimulants for change, state and explain them with relevant examples.
In-s [12.5K]

Explanation:

It can be mentioned as the five specific forces that are acting as stimulators for change the forces:

  1. Competition
  2. Nature of the workforce
  3. economy
  4. Policy
  5. Technology

These are stimulating forces for change because they are factors that drive the change process so that organizational activities are able to remain and adapt in the market according to what happens in your micro and macro business environment.

Market competition is a factor that makes companies always willing to develop new methods, products and services so that they can achieve better results in the market search than competing companies. Integrated with the competition is the search for technology, which innovates the way in which techniques are developed and exists to facilitate and change work, as well as methods of using work forces.

Political and economic scenarios are also forces that drive change and the decisions that companies make in the market to seek better results and achieve their goals.

4 0
3 years ago
A 15-year, annual coupon bond is priced at $984.56. The bond has a $1,000 face value and a yield to maturity of 6.5 percent. Wha
Bess [88]

Answer:

6.35%

Explanation:

you can use the yield to maturity formula to determine the coupon:

YTM = {coupon + [(face value - market value) / n]} / [(face value + market value) / 2]

0.065 = {coupon + [(1,000 - 984.56) / 15]} / [(1,000 + 984.56) / 2]

0.065 = {coupon + 1.029} / 992.28

64.4982 = coupon + 1.029

coupon = 63.47

coupon rate = 63.47 / 1,000 = 0.06347 = 6.35%

3 0
3 years ago
Graphic Designs has 68,000 shares of cumulative preferred stock outstanding. Preferred shareholders are supposed to be paid $1.6
Anna35 [415]

Answer:

Graphic Designs

The firm will have to pay $6.40 per share next quarter.

Explanation:

a) Data and Calculations:

Number of cumulative preferred stock outstanding = 68,000

Preferred dividends per share = $1.60 per quarter

For four quarters, the preferred dividends per share = $6.40 ($1.60 * 4)

b) This will take care of the past three quarters that have accumulated and the fourth quarter.  Note that when a company wishes to pay a common stock dividend, it must pay the cumulative preferred dividends first, no matter the length of period that the dividends have accumulated.

4 0
3 years ago
A decreasing-cost industry is one in which: a. contraction of the industry will decrease unit costs. b. input prices fall or tec
Bas_tet [7]

Answer:

B

Explanation:

When we talk of a decreasing cost industry, we refer to an industry in which the expansion of the industry will lead to a decrease in the unit production cost.

So with respect to the question at hand , the correct answer is that the input prices will fall as industry expands

The case of a a technological improvement is expected to drive a decrease in the input prices for production in the expanding industry

8 0
3 years ago
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