The Prize The Epic Quest For Oil, Money, And Power By...

Oil has often been referred to as any economy’s lifeblood. Although this is an overemphasis, oil has been the key, nonhuman resource of the economy throughout the largest part of the 20th century. In the book â€Å"The Prize: The Epic Quest for Oil, Money, And Power† by Daniel Yergin, the author illustrates the political, societal, economic, and geo-strategic importance of this product. Yergin is the IHS Vice Chairman, and as their website tells us, he is also a Pulitzer-Prize winning author and leading authority on energy, international politics and economics. He graduated from Yale University, and received his Ph.D. from Cambridge University. In addition to The Prize, which won the Pulitzer Prize, he is also known for his book The Quest Energy, Security, and the Remaking of the Modern World. He has been awarded the United States Energy Award, the Charles Percy Award for Public Service from the Alliance to Save Energy, a Lifetime Achievement Award by India s Prime Mini ster, and many others (IHS, 2014). Yergin has a vast knowledge and understanding for the oil industry including its history and future implications. In this book, Yergin takes the reader on journey through oil history, from the first 1859 well drilling by Colonel Edwin in Pennsylvania up to the invasion of Kuwait by Saddam Hussein in a wrathful grab for oil and wealth in August of 1990. Yergin explores the role of oil in warfare, describes the changing organization of the oil sector, and examinesShow MoreRelatedThe Prize: The Epic Quest for Oil, Money and Power by Daniel Yergin2281 Words   |  9 PagesDaniel Yergin is the chairman of Cambridge Energy Research Association and a highly respected individual in international politics, economics and power. Despite being a Pulitzer Prize Winner, he is also the recipient of the 1997 United State Energy Award for his achievement in power and the promotion of international understanding. He has written extensive accounts on the global chan ges towards political and economic destiny of the world since WWII. His book ‘The Prize: The Epic Quest for Oil, MoneyRead MoreThe Prize : The Epic Quest For Oil, Money, And Power Essay1942 Words   |  8 Pages Oil has repeatedly been referred to as any economy’s lifeblood. Whereas this is an overemphasis, oil has been the utmost key, nonhuman resource of economy throughout the largest part of the 20th century. In the book â€Å"The Prize: The Epic Quest for Oil, Money, And Power† by Daniel Yergin, the author illustrates the political, societal, economic, and geo-strategic prominence of this product. The book was published by Simon and Schuster in 2011 in New York, and contains 928 pages, as its ISBN isRead MoreThe Epic Quest For Oil, Money, And Power2499 Words   |  10 Pageshalf of its oil supply, weakening its overall strategic position and adding greatly to an already burdensome trade deficit – a precarious position for a great power† (Ye rgin 14). So said Daniel Yergin in the prologue of his 1990 bestseller The Prize: The Epic Quest for Oil, Money, and Power. Today, oil retains its importance in the hydrocarbon societies of developed and developing countries as a major engine of economic growth, but the story is not so simple. When Yergin wrote The Prize, the UnitedRead MoreThe Iraq War1487 Words   |  6 Pagesinfluence world politics is primarily based on much power they have. In purely academic terms, power is the ability of Actor A to get Actor B to do something that B would otherwise not do; the ability to get the other side to make concessions and to avoid having to make concessions oneself (Frieden P. A-6). Power is usually represented by the capability of a state to preserve or tip the balance of power towards their own national interests. Balance of power refers to a situation in which the military capabilitiesRead MoreDubais Political and Economic Development: Essay38738 Words   |  155 PagesTable of Contents I Persian Gulf Development Literature Oil Curse Literature Arab and Islamic Factors Regional Ovemiew and Historical Background Dubais Development History I1 PI1 Explaining Dubai9sDevelopment Outcome Why Not Other Gulf States? Dubai versus the Development Literature IV Dubai in a Cornparatbe Corntext Saudi Arabia Qatar Brunei Conclusion Appendix Bibliography Introduction Dubai, a tiny, oil-exporting city-state located in the Persian Gulf, has recentlyRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesdetermining beginnings and endings that accord with major shifts in political and socioeconomic circumstances and dynamics rather than standard but arbitrary chronological break points. In the decades that followed the Great War, the victorious European powers appeared to have restored, even expanded, their global political and economic preeminence only to see it eclipsed by the emergence of the Soviet and U.S. superpowers on their periphery and a second round of even more devastating global conflict.

Management and Business Essay - 5260 Words

1st of February 2013 Business organization and management Business size Small business: e.g. Independent service-station, restaurant Medium business: e.g. coffee club, nando’s Large business: Maccas, red rooster, kfc Economies of scale; this term refers to the lower costs per unit of output as a result of operating on a larger scale. Question 1. What is meant by economies of scale? Provide 3 examples of typical economies of scale enjoyed by large organizations: a) Coles (big organization, buys in bulk) b) Costco c) Maccas 4th of February 2013 Business organization and management Public vs. Private sector Public sector is a government owned business, and a private sector is a privately owned business.†¦show more content†¦Large organizations provide employment and training; supply goods and services that might otherwise be difficult to obtain; and are often part of the community life.International Community:The international community is increasingly seen as a stakeholder in business activities and the ocial responsibility of large organisations. It has a stake in large organisations behaving as good ‘global corporate citizens’ and will, when necessary, express concerns about questionably transnational corporation activities including those related to product pricing, climate change, natural resource use (sustainability) and employment practices.There is a great degree of interdependence between these stakeholders in large businesses – they rely on one another in many ways. However, there is also potential for tension and conflict arising from their differ ent interests and perspectives. For example, in the case of pay levels, there is often tension between owners or managers against employees or unions. Despite both groups having a stake in organizational performance and profitability, industrial conflict can occur over how the fruits of business success are divided. Conflict can also exist betweenShow MoreRelatedBusiness Process Management2447 Words   |  10 Pagesbeen compiled by MAK Consultants to tackle the key areas of concern found within Dynatrix Pty Ltd and proposes potential solutions to the organisation. The key areas of review for this assessment include: †¢ Strategic and Tactical Planning †¢ Business Process flow and procedures This document summarizes the methodologies employed to complete the review and presents our findings and recommendations. Throughout this document we utilize terms such as will, should consider, and shall, for exampleRead MoreBusiness Process Management (Bpm)2639 Words   |  11 PagesQCHP Lecture: Business Process Management (BPM) Business Process Management (BPM) is a management approach focused on aligning all aspects of an organization with the wants and needs of clients. It is a holistic management approach that promotes business effectiveness and efficiency while striving for innovation, flexibility, and integration with technology. Business process management attempts to improve processes continuously. It could therefore be described as a process optimization processRead MoreBusiness Process Management Strategy2635 Words   |  11 Pagesdeclining sales and reduced profits since 2008. Methodology Research for this report is based on current literature about business process management and relevant companies, transcript of the management meeting, financial statements, and other miscellaneous information supplied by Omnicrons’ CEO. Findings The major findings indicate the lack of a streamlined computer-based business system, coordination amongst departments’ managers and employees, IT facilities and equipment. These cause a range ofRead MoreBusiness Performance Management Assessment Tools1160 Words   |  5 PagesBusiness performance management is a set of management and analytic processes that enable the management of an organisation s performance to achieve one or more pre-selected goals. Synonyms for business performance management include corporate performance management and enterprise performance management.[1][2] Business performance management is contained within approaches to business process management.[3] Business performance management has three main activities: 1. selection of goalsRead MoreBusiness Process Management : Marketing Process1521 Words   |  7 PagesBUSINESS PROCESS MANAGEMENT –APPROACH CHALLANGES INTRODUCTION Business process improvement initiatives prove to be some of the toughest projects for project managers. This is for a number of reasons, including: †¢ Most such projects affect the entire business, and it takes a significant amount of time to understand those affects †¢ There are many â€Å"moving parts† and trying to get the right resources secured for the project at the right time is frequently difficult to accomplish †¢ Some project managersRead MoreErp Implementations : A Business Process Management2740 Words   |  11 PagesERP Implementations Introduction: Enterprise resource planning is a business process management tool to help business manage and automate many back office functions related to technology, services, accounting, supply chain, inventory, projects and human resources [1]. It is a system which integrates product planning, development, manufacturing, sales and marketing [1]. First ERP Failure (Hershey): There are many organizations which were successful in the implementation of ERP’s but there are alsoRead MoreComparative Analysis of Business Analysis and Business Process Management Capabilities6455 Words   |  26 PagesA COMPARATIVE ANALYSIS OF BUSINESS ANALYSIS (BA) AND BUSINESS PROCESS MANAGEMENT (BPM) CAPABILITIES Paul Mathiesen, Faculty of Science and Technology, Queensland University of Technology, Brisbane, Australia, p.mathiesen@connect.qut.edu.au Wasana Bandara, Faculty of Science and Technology, Queensland University of Technology, Brisbane, Australia, w.bandara@qut.edu.au Houra Delavari, Faculty of Science and Technology, Queensland University of Technology, Brisbane, Australia, h.delavari@qutRead MoreDetermining The Efficient Tool For Business Process Management1536 Words   |  7 PagesTool for Business Process Management in Organizations Using Analytical Hierarchical Process Sravani Vadali Engineering Management University of Houston – Clear Lakeâ€Æ' Introduction to Business Process Management Business process management (BPM) is a management approach to make an enterprise’s activities and tasks to be more accurate, more competent and more efficient in adapting to the ever-changing needs of business. BPM is a far-reaching merging of Business Process Reengineering, Business ProcessRead MoreThe Importance of Implementing Business Management Process within a Company2127 Words   |  9 PagesEXECUTIVE SUMMARY The objective of this report is to explain Mr. John Doe about the importance of implementing Business Management Process (BPM) in his company Platinum concepts Pty ltd. This report provides the details about the current business process by using a simple AS IS diagram. Furthermore, it analyses the problems which the company is facing in present stage. The major findings resulted that most of the work are done manually and there is no use of automation machines or electronicsRead MoreCase Study Of Wells Fargo s Business Process Management974 Words   |  4 PagesInformation technology in the use of business processes is very extensive in the world .the current market mechanism has become increasingly international so the competition among business is becoming more and more fiercely. An effective and useful business process must be created by using different types of IT(information technology) to cope with challenge in the market for a business .The first part of this article illustra te the definition of the business process to explain how IT can enhance

To What Extent Had Hitler Established a Dictatorship by 1936 free essay sample

Hitler had absolute control of Germany by 1934; therefore, he had established dictatorship by 1936 to a total extent. By definition, a dictator is an individual who has complete control over a nation’s religion, beliefs, has physical obedience of their subjects and has no opposition. This description is correct in describing Hitler, because he had the power to make laws, dismiss the Reichstag, control education, the media, books, and to eliminate opposition. He established compulsory youth groups and trade unions in order to present and impose his racist and supremacy ideology. Hitler’s idea of ‘Gleichshaltung’ (co-ordination) was established in order to co-ordinate all aspects of political and social life. Hitler achieved this by eliminating any opposition, creating a fear of Jews and Communists, and by sustaining his popularity with the citizens of Germany. One of the key factors that enabled Hitler to establish a dictatorship in Germany by 1936 was his ability to gain and sustain popularity from the German nation. We will write a custom essay sample on To What Extent Had Hitler Established a Dictatorship by 1936? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In his speeches, he addressed every socio-economic group and promised answers to their problems. One such example was unemployment. Hitler fulfilled his promise by forming the National Labour Service in 1934, where it was compulsory for men from the ages of 19 to 25 to perform public works for six months, such as building the O-Bahn, which was a road that allowed the transportation of ammunition and troops. By creating the National Labour Service, the number of unemployment, decreased from 6,000,000 in 1933 to 302,000 by 1939. This gained popularity for Hitler because he was providing employment, and thus allowing people to gain an income, which in turn was addressing some of the main issues in Germany. But at the same time, it was part of Hitler’s scheme to prepare Germany for War, which was defying The Treaty of Versailles. Germany was embittered from the social, economic and financial implications of the Treaty of Versailles, and was therefore happy that they were being encouraged to work against it. This is an example of how Hitler was able to gain and sustain popularity from the German nation, which lead to his dictatorship by 1926. Another way in which Hitler was able to gain and sustain popularity was by creating a hate and a fear of Jews, which was an integral part of Hitler’s Aryan ideology . At the beginning of Hitler’s rise to power, he often preyed on the Jews a as threats to society. According to Adolf Hitler, Jews were responsible for everything he did not like, for example, pornography and prostitution, despite the fact that Hitler grew up with Jewish friends. Hitler alleged that the Jews had been responsible for the loss WWI. Because Jews were notorious for running large businesses, they were also seen responsible for the Great Depression, as they failed to halt the depression. Hitler also claimed that Jews, who composed only about 1% of the population, were slowly taking over the country. They were supposedly doing this by controlling the largest political party in Germany, the German Social Democrat Party, which controlled many of the leading companies and several of the countrys newspapers. Hitler was able to establish a dictatorship in Germany by 1936 to a total extent by enforcing his ideology of Germany being a supreme, strong, superior race. This was done by anti-Semitic activities, as previously mentioned, and by passing the Nuremberg Laws in 1935, which outlawed any relationships and marriages between Jews and Aryans, as they threatened the preservation of ‘pure Aryan blood’. The laws also abolished the citizenship of Jews, whether or not they were born in Germany, and genetically defined what a Jew was. Even if an individual was not a practicing Jew, they were deemed as Jews if they had Jewish grandparents. Jews were also not allowed at public parks, swimming pools, and public transport facilities. Anti-Semitic laws did not only affect the Jews, it also affected people who had undesirable qualities, such as a disability, or a physical or mental disorder. Germans were also encouraged not to use Jewish doctors and lawyers. Jewish civil servants, teachers and those employed by the mass media were sacked. During Kristallnacht (Crystal Night) over 7,500 Jewish shops were destroyed and 400 synagogues were burnt down. Ninety-one Jews were killed and an estimated 20,000 were sent to concentration camps. In order to ensure that Germany was to be run by racially pure and strong people, youth groups were established, such as the League of German Maidens, where it was compulsory for girls to learn domestic duties and physical activities to ensure that they were physically fit and could rightfully provide for a family. By creating a mass hate and fear of Jews, Hitler provided people with a scapegoat to blame all the problems of the past on. By doing this, Hitler was able to establish a dictatorship by 1936 to a large extent. In addition, another factor that led to Hitler’s complete dictatorship by 1936 was the complete control of education and media. Teachers who did not support the Nazi Party were sacked, and textbooks had to be approved by the party. Any books that may have contained any Semitic materials were burned. Students were taught Racial Science, where they learned the importance of sustaining a pure race and the dangers of â€Å"blood poisoning†. Students were also taught a lot of physical activity and history, as it was believed that it was important to establish and maintain a mentally and physically strong race. The establishment of compulsory youth groups such as the League of German Maidens, Jungvolk and Hitler Youth. Girls were made to learn domestic duties to learn to become good wives and mothers. Boys were taught army skills, had to learn Nazi philosophy, and were presented with a â€Å"Blood and Honour† dagger. At the beginning of these youth groups, children were made to pledge allegiance to Hitler. By doing this, it glorified the Nazi image to children, who are vulnerable and easy to manipulate. These factors helped Hitler to establish a dictatorship by 1936. The establishment of compulsory youth groups and were put in place in order to present and impose his racist and supremacy ideology, and to gain and sustain popularity.

The New Age After The 1500S Essays (2036 words) -

The New Age After The 1500S After 1500 there were many signs that a new age of world history was beginning, for example the discovery of America and the first European enterprises in Asia. This new age was dominated by the astonishing success of one civilization among many, that of Europe. There was more and more continuous interconnection between events in all countries, but it is to be explained by European efforts. Europeans eventually became masters of the globe and they used their mastery to make the world one. That resulted in a unity of world history that can be detected until today. Politics, empire-building, and military expansion were only a tiny part of what was going on. Besides the economic integration of the globe there was a much more important process going on: The spreading of assumptions and ideas. The result was to be One World. The age of independent civilizations has come to a close. The history of the centuries since 1500 can be described as a series of wars and violent struggles. Obviously men in different countries did not like another much more than their predecessors did. However, they were much more alike than their ancestors were, which was an outcome of what we now call modernization. One could also say that the world was Europeanized, for modernization was a matter of ideas and techniques which have an European origin. It was with the modernization of Europe that the unification of world history began. A great change in Europe was the starting-point of modern history. There was a continuing economic predominance of agriculture. Agricultural progress increasingly took two main forms: Orientation towards the market, and technical innovation. They were interconnected. A large population in the neighborhood meant a market and therefore an incentive. Even in the fifteenth century the inhabitants of so called ?low countries? were already leaders in the techniques of intensive cultivation. Better drainage opened the way to better pasture and to a larger animal population. Agricultural improvement favored the reorganization of land in bigger farms, the reduction of the number of small holders, the employment of wage labor, and high capital investment in buildings, drainage and machinery. In the late sixteenth century one response to the pressure of expanding population upon slowly growing resources had been the promoting of emigration. By 1800, Europeans had made a large contribution to the peopling of new lands overseas. It was already discernible in the sixteenth century when there began the long expansion of world commerce which was to last until 1930. It started by carrying further the shift of economic gravity from southern to north-western Europe, from the Mediterranean to the Atlantic, which has already been remarked. One contribution to this was made by political troubles and wars such as ruined Italy in the early sixteenth century. The great commercial success story of the sixteenth century was Antwerp's, though it collapsed after a few decades in political and economic disaster. In the seventeenth century Amsterdam and London surpassed it. In each case an important trade based on a well-populated hinterland provided profits for diversification into manufacturing industry, services, and banking. The Bank of Amsterdam and The Bank of England were already international economic forces in the in the seventeenth century. About them clustered other banks and merchant houses undertaking operations of credit and finance. Interest rates came down and the bill of exchange, a medieval invention, underwent an enormous extension of use and became the primary financial instrument of international trade. This was the beginning of the increasing use of paper, instead of bullion. In the eighteenth century came the first European paper currencies and the invention of the check. Joint stock companies generated another form of negotiable security, their own shares. Quotation of these in London coffee-houses in the seventeenth century was overtaken by the foundation of the London Stock Exchange. By 1800 similar institutions existed in many other countries. It was also the time of some spectacular disastrous investment projects, one of which was the great English South Sea Bubble. But all the time the world was growing more commercial, more used to the idea of employing money to make money, and was supplying itself with the apparatus of modern