Tuesday, February 25, 2020

Self Assessment Assignment Example | Topics and Well Written Essays - 1000 words

Self Assessment - Assignment Example There are different tools and mechanisms that have been designed to not only examine a person’s character traits, but also use this information in practical evaluation and classification activities (Archer & Smith, 2008). Commonly referred to as the Big Five personality test, the five-factor of model of personality is an important personality analysis tool. The entire assessment presented in this character analysis tool is founded of five important dimensions forming part of the reason for human behavior. The five dimensions of human behavior comprise of agreeableness, extroversion, openness to experience, emotional stability, and conscientiousness. People vary from each other with regards to their utility of these dimensions undergirding social behavior. The difference in the applicability of these qualities from one person to another is the basis through which this study test classifies people into distinct groups (Groth-Marnat, 2003). According to results from the Big Five test, there are important personal traits I learnt about myself. The test was designed to examine 15 different elements and each of this was important in the general study of my character trait. According to the Big Five test, I scored an eight on extraversion tests and the test gave me 11 on agreeableness related study. I had 13 on the conscientiousness and emotional stability tests. The analysis on openness-to-experience was giving me an overall score of eight. The element of agreeableness is used to assess to what level a person is good-natured, trusting and cooperative. Conscientiousness is used in the study of a person’s responsibility, persistence, and dependability levels. This test also analyzes the nature and level of achievement focus in a person. The test analyzed the element of extraversion through assessing how sociable a person was, how reserved they tend to be, and whether they are a quiet or talkative person. Personally, I am a bit quiet and reserved. I

Saturday, February 8, 2020

Dividend Policy Case Study Example | Topics and Well Written Essays - 1500 words

Dividend Policy - Case Study Example The 1970s was the decade of the two great oil price shocks (1973 and 1979/80) that were to have serious effects on the world's economies. It was also a decade when the major oil companies saw a decisive change in their old concessionary relationships. Like its major competitors, BP lost direct access to most of its supplies of OPEC oil as the OPEC countries took control of production and prices. The 1973 price explosion had a dramatic effect on demand. BP's oil sales started falling for the first time since 1952 (with the exception of 1957, the year of the Suez crisis). By 1978, sales had recovered somewhat; but then came the Iranian revolution and another major rise in the price of oil. In 1979, BP suffered further blows when its assets in Nigeria were nationalised and its supplies from Kuwait cut back. By 1980, its sales were down again. The entire oil industry was affected by the events of the 1970s. But thanks to BP's large investment programme in areas outside the Middle East, the company showed, as it had done in Iran in 1951 that it could survive. As noted, of key importance were the developments of its oilfield discoveries in the North Sea and Alaska. In the autumn of 1975, BP pumped ashore the first oil from the North Sea's UK sector when it brought the Forties field on stream. This field development was financed by a bank loan of 370 million, then the largest wholly-private bank advance ever arranged. At its peak, Forties produced half a million barrels a day, equivalent to one-quarter of the UK's daily oil requirement. Today, BP's other oil- and gas-producing countries include Abu Dhabi, Australia, Colombia, Norway and Papua New Guinea The spirit of enterprise continues (mid-1970s - today) Diversification and a new structure The upheavals of the 1970s led BP to conclude that it should broaden its activities so that it could operate in the future with more balanced sources of income. Accordingly, from the mid-1970s there was increased emphasis on diversification into new areas of activity. BP's entry into the nutrition business originated in the 1950s, when the company's French researchers began to develop a process for converting oil into protein. Although the process was later discarded, BP developed other interests in nutrition. From the mid-1970s, it became involved in animal feed, animal breeding and consumer foods and related products. As a result of the purchase in 1986 of the US company, Purina Mills, BP Nutrition became one of the world's largest feed millers. In 1990, it also took responsibility for BP's household cleaning and personal care products -- successors of the old detergents business. Another industry which BP entered in the mid-1970s was minerals. BP expanded its minerals interests considerably in 1980, when, in what was then the London stock market's largest-ever takeover bid, it bought Selection Trust, the British-based mining finance house. In the following year, Standard Oil