kreft g202 exam 1 complete questions and solutions
solarex acquisition effect on bp
arco acquisition effect on bp
competition in the market place causes managers to
Schule, Studium & Fach
Kreft G202
Kreft G202
Verkäufer
Folgen
ElevatedExcellence
Deine Reviews
Inhaltsvorschau
Kreft G202 Exam 1 Complete Questions
And Solutions 2024
Solarex acquisition effect on BP CORRECT ANSWERS Made BP the largest solar
energy company in the world
Arco acquisition effect on BP CORRECT ANSWERS Made BP the largest oil and gas
recovery company in the world
Competition in the market place causes managers to think in terms of... CORRECT
ANSWERS Outcomes
(Profits, Sales, Market Share)
Interactions with non-market players causes managers to think in terms of.. CORRECT
ANSWERS Processes
(Oversight, Quality Assurance, Social Reputation)
Corporate Social Strategy CORRECT ANSWERS Integrate non-market forces into your
market strategy
Components of Corporate Social Strategy (2) CORRECT ANSWERS 1. Look for non-
market opportunities to exploit
2. Decrease non-market risks
What does P.E.S.T. stand for? CORRECT ANSWERS Political
Economic
Social
Technology
What was the motivation of BP's rebranding? CORRECT ANSWERS Attempt to recover
from negative reputation from oil spill, proclaiming they are turning a new page
What are the Beyond Petroleum Profit Drivers? (4) CORRECT ANSWERS 1.
Customers
2. Employees
3. Investors
4. Policy Makers
BP Profit Driver: Customer CORRECT ANSWERS Gas is a commodity (price and
convenience normally most important), but corporate brand will differentiate
BP Profit Driver: Employees CORRECT ANSWERS Need to recruit brightest
employees (want to work for the industry leader not laggard)
, BP Profit Driver: Investors CORRECT ANSWERS Investors want high return but no
guilt, "Beyond Petroleum" rids of the guilt
BP Profit Driver: Policy Makers CORRECT ANSWERS Proactive self regulation can
preempt the need for regulation
(BP updates states on renewable portfolio standards)
Beyond Petroleum Risks CORRECT ANSWERS High expectations from NGO-activists
What was the greenwash of the year award? CORRECT ANSWERS Awarded to BP by
Greenpeace because they spent much more on ACRO than Solarex, yet rebranded as
"Beyond Petroleum"
Socially Efficient Production Level--Qe CORRECT ANSWERS Produce and sell product
that consumers value more than the costs of production
Demand is based on the... CORRECT ANSWERS Value to Consumers
Supply is based on the... CORRECT ANSWERS Cost to Producers
Consumer Surplus CORRECT ANSWERS Difference between what customers are
willing to pay and the price they have to pay
Producer Surplus CORRECT ANSWERS Difference between the price sellers receive
and the minimum supply price needed to cover costs
Where does social efficiency occur? CORRECT ANSWERS Market equilibrium
Below Qe CORRECT ANSWERS You are giving up producing some units that are
valued more than their production costs
Beyond Qe CORRECT ANSWERS You are producing in a range where the units are
valued less than their production costs
Taxes imposed on sellers cause... CORRECT ANSWERS an inward shift of the supply
curve
(raise costs of production)
General Results of tax (4) CORRECT ANSWERS 1. Govt. revenue collected
2. Increased price to buyers
3. Decreased price to sellers
4. Reduced quantity bought and sold
Taxes are efficiency enhancing in market that are... CORRECT ANSWERS over
producing relative to Qe
Alle Vorteile der Zusammenfassungen von Stuvia auf einen Blick:
Garantiert gute Qualität durch Reviews
Stuvia Verkäufer haben mehr als 700.000 Zusammenfassungen beurteilt. Deshalb weißt du dass du das beste Dokument kaufst.
Schnell und einfach kaufen
Man bezahlt schnell und einfach mit iDeal, Kreditkarte oder Stuvia-Kredit für die Zusammenfassungen. Man braucht keine Mitgliedschaft.
Konzentration auf den Kern der Sache
Deine Mitstudenten schreiben die Zusammenfassungen. Deshalb enthalten die Zusammenfassungen immer aktuelle, zuverlässige und up-to-date Informationen. Damit kommst du schnell zum Kern der Sache.
Häufig gestellte Fragen
Was bekomme ich, wenn ich dieses Dokument kaufe?
Du erhältst eine PDF-Datei, die sofort nach dem Kauf verfügbar ist. Das gekaufte Dokument ist jederzeit, überall und unbegrenzt über dein Profil zugänglich.
Zufriedenheitsgarantie: Wie funktioniert das?
Unsere Zufriedenheitsgarantie sorgt dafür, dass du immer eine Lernunterlage findest, die zu dir passt. Du füllst ein Formular aus und unser Kundendienstteam kümmert sich um den Rest.
Wem kaufe ich diese Zusammenfassung ab?
Stuvia ist ein Marktplatz, du kaufst dieses Dokument also nicht von uns, sondern vom Verkäufer ElevatedExcellence. Stuvia erleichtert die Zahlung an den Verkäufer.
Werde ich an ein Abonnement gebunden sein?
Nein, du kaufst diese Zusammenfassung nur für 11,73 €. Du bist nach deinem Kauf an nichts gebunden.