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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

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In the event a firm goes bankrupt, an investment grade senior debenture bond is more likely to receive liquidation proceeds than
Elina [12.6K]
The answer that best fits the blank provided above is A SUBORDINATED DEBENTURE. Subordinated debenture is also known as subordinated debt. This kind of debt that ranks just below other loans whenever the company files bankruptcy. This is what is received instead of the liquidation proceeds.
3 0
4 years ago
Item 6Item 6 Theodore Levitt advocates for a global culture characterized by standardized tastes and global markets. What is one
frutty [35]

Answer:

The existence and growth of government trade barriers

Explanation:

Theodore Levitt proposed that with the advent of technology and the mass media, people's tastes would eventually converge leading to the globalization of markets around the world. Even though people from different nations tend to have different tastes, they were united by factors like love, peace, joy, etc. Levitt was encouraging companies to leverage on the mass media as well as technology to form a convergence of these uniting factors.

However, government trade barriers, which are restrictions placed by the government on the importation of goods into another country can serve as a hindrance to the globalization of markets. This would be in opposition to Levitt's proposal of a uniting factor in international trade. Government trade barriers tend to encourage the production of local goods against the importation of goods.

8 0
3 years ago
Joe is a landlord of a small apartment building in the downtown district. He usually charges $3,000 per month for his apartments
Nimfa-mama [501]

When the new law is passed, the effect on the supply and demand of apartments is that Supply down, demand up.

<h3>What happens when a price ceiling is below the equilibrium?</h3>

When the equilibrium price which is $3,000 in this case, is higher than the price ceiling of $2,600 in this case, more people will demand apartments because they will be more likely to afford it.

Supply on the other hand, will decrease because less people will want to make their places available at below equilibrium price.

Find out more on price ceilings at brainly.com/question/1448982.

#SPJ1

8 0
2 years ago
Read 2 more answers
Exercise 24-3 Payback period computation; straight-line depreciation LO P1 A machine can be purchased for $140,000 and used for
kkurt [141]

Answer:

Year 1 Year 2 Year 3 Year 4 Year 5 Net income $ 9,500 $ 23,500 $ 64,000 $ 35,500 $ 94,000

Explanation:

look p1 a machine

6 0
3 years ago
Goods and services that cannot be readily provided by markets, such as national security and education, and are called
dexar [7]

Goods and services that cannot be readily provided by markets, such as national security and education, are called Public Goods.

<h3>What are Public Goods?</h3>
  • Products and services that cannot easily be obtained through markets, either because they are too expensive for a single person to purchase or because everyone else would utilize them for free if one person did.
  • A good must be both non-excludable and non-rival in order to be categorized as a public good.
  • If the provider of the good cannot stop individuals who don't pay from using or consuming it, the good is nonexcludable.
  • If the consumption of one person does not prevent the consumption of any other person, the good is nonrival.
  • A prime example of a public good is national security. We all take advantage of this government service without giving it much attention.

To learn more about Public goods refer to:

brainly.com/question/14664702

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4 0
2 years ago
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