Reliance Group | International Business Environment

Reliance Group | International Business Environment The Reliance Group, founded by Late Dhirubhai H. Ambani, and is one of the largest private sector companies in India, with businesses in the energy and materials value chain. Reliance Groups annual revenues are in excess of US $ 58 billion. Reliance Industries Limited has become a Fortune Global 500 Company. Reliance Group is a highly diversified group and is in to multiproduct business like oil and gas exploration, retail of petro and consumer products and manufacturing of petrochemicals / refining and textile products. Here I have summarised how Globalisation has affected the survival and sustainable development of Reliance Industries Ltd. Reliance Group is a highly diversified group and is in to multiproduct business like oil/gas exploration, retail of petro/consumer products and mfg. of petrochemical/refining and textile products. Here I have summarised how Globalisation has affected the survival and sustainable development of Reliance Industries Ltd. GLOBALISATION If I was to summarise in one word as to what is Globalisation Liberalisation is leading to I will say Competition. Globalisation has a significant impact on entrepreneurial enterprises in many ways. Globalisation provides a great opportunity for entrepreneurial ventures to expand their business internationally. With the help of local governments, large corporations, and international organisations, entrepreneurial enterprises are able to confront the challenges posed by globalisation and economic liberalisation, to improve their competitiveness in the global market, and better serve the global consumers. A number of hypotheses are examined to understand how globalisation has affected the survival and sustainable development of entrepreneurial enterprises. Globalisation has forced Reliance in the following ways It has aligned with the global trends Development policies and compensation systems were put in place. Built leaders within organisation, within this talent pool. International Business Environment affects the development of RIL Exploration and production of oil and gas is critical for Indias energy security and economic growth. India imports almost two-thirds of its crude oil requirement. Reliances oil and gas exploration and production business is therefore inevitably linked with the national imperative. Exploration and production, the initial link in the energy and materials value chain, remains a major growth area and Reliance envisions evolving as a global energy major. With growing competition and ever growing demand for energy, especially from developing countries, the focus is on energy security. Over the years the EP industry has registered significant growth, primarily due to spiralling crude oil and gas prices. RIL began gas production within six and a half years of gas discovery, in comparison to the world average of 9-10 years for similar deep water production facilities. Continuous gas production for about a year, with 100% uptime, once again demonstrates the Companys flawless commissioning and execution capabilities. In April 2010, RIL entered into a joint venture with the USA based Atlas Energy, Inc. (Atlas) under which RIL acquired 40% interest in Atlas core Marcellus Shale acreage position. RIL has become a partner in approximately 300,000 net acres of undeveloped leasehold in the core area of the Marcellus Shale region in south western Pennsylvania for an acquisition cost of $ 339 million and an additional $ 1.36 billion capital costs under a carry arrangement for 75% of Atlass capital costs over an anticipated seven and a half year development programme. Low operating costs and proximity to USA northeast gas markets combine to make the Marcellus Shale region one of the most economically attractive, unconventional natural gas resources play in North America. The acreage will support the drilling of over 3,000 wells with a resource potential of approximately 13.3 Trillion Cubic Feet equivalent (TCFe). While Atlas will serve as the development operator for the joint venture, RIL is expected to become a development operator in certain regions in the coming years in the JV. Atlas will continue acquiring leasehold in the Marcellus Shale region and RIL will have the option to acquire 40% share in all new acreages. RIL also obtained the right of first offer with respect to potential future sales by Atlas of around 280,000 additional Appalachian acres currently controlled by Atlas (not included in the present joint venture). The RIL-Atlas joint venture has the potential to become one of the largest prime acreage holders in the Marcellus Shale region. This joint venture will materially increase RILs resource base and provide an entirely new platform from which to grow its exploration and production business while simultaneously enhancing its ability to operate unconventional projects in the future. Additionally, RIL has farmed out 20% PI in the blocks Borojo North and Borojo South in Colombia; and 30% PI in block 18 and 25% PI in block 41 in Oman. The Regional Government of Kurdistan has assigned third party participating interest of 20% each in blocks Rovi and Sarta to M/s OVM; the assigned agreement is yet to be signed by RIL. RIL now has 13 blocks in its international EP portfolio including 2 in Peru, 3 in Yemen (1 producing and 2 exploratory), 2 each in Oman, Kurdistan and Colombia, 1 each in East Timor and Australia; amounting to a total acreage of over 93,500 sq. kms. Sustainability Strategy adopted/used by RIL in Global Markets Reliance has made sustainable development a cornerstone of its business strategy to achieve sustainable and profitable growth. RIL adopted principle of materiality and prioritized key issues after collective deliberation by management and key stakeholders. These issues include; Energy Security, Health Safety, Corporate Governance and Transparency, Product Responsibility, Climate Change and Waste Management. RIL sustainable development strategy draws on proven technology and risk management framework and evolves from the materiality analysis that has been performing over the years. The focus areas under sustainability development strategy include the following: Energy Security As a company RIL involved in the energy and materials value chain, so it is committed to responsible use of energy. Its systems and processes ensure optimum energy usage by continuous monitoring of all forms of energy and increasing the efficiency of operations. Growth through Innovation RIL firmly believe that growth through innovation will give a big competitive advantage and will be a key differentiator. Companys goal is to make RIL one of the most innovative companies in the world and to achieve breakthrough growth in revenues and profits by creating and implementing sustainable solutions. RIL is developing an innovative ecosystem that builds on organisational systems and processes, talent management, open innovation and world class RD facilities. Health and Safety Safety overrides all production targets this vision drives RIL to continuously look for ways to achieve zero accident at workplace. RILs vision is to develop a dedicated pool of safety professionals and lead in safety performance across its operations by focusing on process safety and behavioural safety.. Environment Protecting the environment and preserving natural resources is a high priority area. Through annual environment plan and business targets, RIL identify projects and take action to reduce water consumption and become carbon neutral and achieve maximum possible recycling and reuse of wastes. RIL set targets for key environment-related performance indicators such as material intensity, GHG emissions, air quality, water consumption, effluent discharge, waste generation and disposal, and conservation of bio-diversity. Product Responsibility For RIL, product responsibility is to offer efficient and reliable product and services with minimum environmental impact throughout the life cycle of the product from the cradle to the grave. Its product and services are designed, manufactured and delivered with principle consideration of customer safety. Social Institution Building Social welfare and community development is at the core of RILs Corporate Social Responsibility (CSR) philosophy. RILs strategy is to have close and continuous interaction with the people and communities around our manufacturing divisions to bring qualitative changes and support the underprivileged.

Abortion is Seriously Wrong Essay -- essays research papers

Abortion is Seriously Wrong Many clinics provide abortion services for women with unplanned or uncontrollable pregnancies. Some women find themselves with an unplanned pregnancy rather than an uncontrollable one. Unplanned in fact that a contraceptive failed, or may not have been easily accessible: uncontrolled in the sense of factors being greater than limited contraception. Abortion has been performed in many clinics as a treatment for unfit or unhealthy women, and for women who may have been molested or raped. Abortion shouldn’t be used as a form of contraception, nor should women’s lives be sacrificed to bear an infant before morally ready to commit. If a woman is raped, and the outcome incurs pregnancy, then abortion is an alternate form of controlling the unwanted pregnancy. Abortion should stand as only the woman’s choice, never as a decision adverse to Pro-Life activists. Pro-Choice advocates seem to vindicate abortion, accepting that abortion is not considered a form of birth contr ol, but merely a method of controlling the woman and fetus future. Women are the sole determinate persons in stating if they are capable of withholding a full term pregnancy. As an advocate of women’s right’s to Pro choice, I am extending my viewpoints to you in this proposition. Many people have their opinions on abortion, usually being one extreme or the other. Advocates or Pro choice often finds themselves swaying their opinions of when abortion is morally ethical dependent upon the controlling factors. Advocates of Pro Life are consistently perusing abortion, stating that it is morally wrong, and unethical in all matters, even if the pregnancy is inadvertent. There are factors remaining in today’s society that are very forthcoming and are unanticipated by women in the prevention of pregnancy. If medical doctors abolished the procedure, or if the government made it even more difficult to obtain an abortion, we wouldn’t be supporting the righteousness of many women in the U.S. today. If contraception, in all forms, were 100% effective, then abortion could be abolished. Until medical research and testing finds a foolproof cont raceptive, abortion is morally permissible because of obvious factors that are uncontrollable. For those whom agree that abortion is an ethical procedure, there are some instances where it is morally questionable. Does an inopportune pregnancy al... ...fective means of birth control available yet, to the public. If there were, then abortion could be abolished, and unwanted pregnancies wouldn’t occur. In conclusion, abortion is the intentional termination of pregnancy resulting in the death of the fetus. A fetus is a person and has a right to life. I believe Immanuel Kant would suggest that maybe a woman has a duty to abort a child for the mere fact that she has a duty not to bring that child into the world. On the other hand, he might state that she has a duty to give that child the right to live life to the fullest. The child may lead a prosperous life that leads to happiness and aborting it would deprive that. We as people have a moral duty to do what is ethically correct for the greatest amount of people. Utilitarianism is acting so as to produce the greatest possible balance of good over bad for everyone affected by our actions according to John Stuart Mill (51). Legalizing abortion affects us all. If no one were able to have an abortion, then everyone would have an equal right to life. Who is to say that is not for the greatest balance of good over bad for everyone. Abortion is seriously wrong except perhaps in rare cases. Abortion is Seriously Wrong Essay -- essays research papers Abortion is Seriously Wrong Many clinics provide abortion services for women with unplanned or uncontrollable pregnancies. Some women find themselves with an unplanned pregnancy rather than an uncontrollable one. Unplanned in fact that a contraceptive failed, or may not have been easily accessible: uncontrolled in the sense of factors being greater than limited contraception. Abortion has been performed in many clinics as a treatment for unfit or unhealthy women, and for women who may have been molested or raped. Abortion shouldn’t be used as a form of contraception, nor should women’s lives be sacrificed to bear an infant before morally ready to commit. If a woman is raped, and the outcome incurs pregnancy, then abortion is an alternate form of controlling the unwanted pregnancy. Abortion should stand as only the woman’s choice, never as a decision adverse to Pro-Life activists. Pro-Choice advocates seem to vindicate abortion, accepting that abortion is not considered a form of birth contr ol, but merely a method of controlling the woman and fetus future. Women are the sole determinate persons in stating if they are capable of withholding a full term pregnancy. As an advocate of women’s right’s to Pro choice, I am extending my viewpoints to you in this proposition. Many people have their opinions on abortion, usually being one extreme or the other. Advocates or Pro choice often finds themselves swaying their opinions of when abortion is morally ethical dependent upon the controlling factors. Advocates of Pro Life are consistently perusing abortion, stating that it is morally wrong, and unethical in all matters, even if the pregnancy is inadvertent. There are factors remaining in today’s society that are very forthcoming and are unanticipated by women in the prevention of pregnancy. If medical doctors abolished the procedure, or if the government made it even more difficult to obtain an abortion, we wouldn’t be supporting the righteousness of many women in the U.S. today. If contraception, in all forms, were 100% effective, then abortion could be abolished. Until medical research and testing finds a foolproof cont raceptive, abortion is morally permissible because of obvious factors that are uncontrollable. For those whom agree that abortion is an ethical procedure, there are some instances where it is morally questionable. Does an inopportune pregnancy al... ...fective means of birth control available yet, to the public. If there were, then abortion could be abolished, and unwanted pregnancies wouldn’t occur. In conclusion, abortion is the intentional termination of pregnancy resulting in the death of the fetus. A fetus is a person and has a right to life. I believe Immanuel Kant would suggest that maybe a woman has a duty to abort a child for the mere fact that she has a duty not to bring that child into the world. On the other hand, he might state that she has a duty to give that child the right to live life to the fullest. The child may lead a prosperous life that leads to happiness and aborting it would deprive that. We as people have a moral duty to do what is ethically correct for the greatest amount of people. Utilitarianism is acting so as to produce the greatest possible balance of good over bad for everyone affected by our actions according to John Stuart Mill (51). Legalizing abortion affects us all. If no one were able to have an abortion, then everyone would have an equal right to life. Who is to say that is not for the greatest balance of good over bad for everyone. Abortion is seriously wrong except perhaps in rare cases.

How does the charity letter use language to create an impact on its audience?

The Scope charity letter is an emotional, personal and heart felt letter intended to inform people about Cerebral Palsy and to persuade them donate to their worthy cause. The intended audience was the recipient of this letter, who may possibly be a parent perhaps whose child unfortunately has this terrible condition. The writer of this letter has used a range of grammatical techniques to create an impact on the reader. One of the main , striking features of this text, is the Anecdote that runs throughout the letter. The short story about Abigail is told by her father which makes it very personal and informal, ‘ I'm Abigail's dada, Ric. The fact that he introduces himself and gives his name adds more personality into the letter and is inviting the reader to read on. The effect this has upon the audience is that the reality of the letter is portrayed clearly and it makes the reader realise it isn't just a problem for somebody else, it could happen to anyone. ‘Like any parents. ‘ Something else used, that makes the letter a lot more personal, is the use of personal pronouns. The use of the first person, personal pronouns ‘my' and ‘I', in the first paragraph, not only make the letter more real to the reader but also gives a sense of pride that Abigail's father is feeling. I see that my Abigail has come on in leaps and bounds at school this year. ‘ The possessive determiner ‘my' strongly emphasises that Ric is very proud of his daughter. Furthermore, the second person, personal pronouns toward the end of the text are also very effective, the use of the pronoun ‘you' includes the reader into Abigail's incredible story. This particularly impacts on the reader as they feel like they have been with Abigail on her difficult journey through learning and coping with Cerebral Palsy. This making them feel they want to help more people like Abigail, as Scope have clearly made a huge difference. This is a rhetorical device- emotive language. It brings the emotions of the writer, and some readers, to the text and audience. Additionally, ‘As soon as we walked through the doors, we knew it was right for our daughter' is somewhat of a hyperbole-another rhetorical device. It can be seen as a hyperbole as Abigail's parents could not have known the school was right for their daughter until they had learned more about it. However, this is emphasising how much Scope has helped them and also sets up how much more helpful Scope became to them, later in the letter. Another hyperbole, is the bold caption ‘If it wasn't for Scopes Ingfield Manor School, Abigail wouldn't be†¦ Abigail! ‘ Obviously she still would be Abigail but this is used to highlight how much of a lifeline Scope had been, not just for Abigail, but to her parents also. They helped Abigail develop her own personality, even though she has a disability which can hold her back. Another rhetorical technique, used by the writer is the Tricolon. Ric describes how the school not only give the children a ‘national curriculum education' as all schools do, but also how they ‘develop speech, movement and mobility. The use of the Tricolon here shows how much work Scope put in and how much they help people with Cerebral Palsy to learn. To add more emotion and make it even more personal, Ric uses a Tricolon to depict how Scope has personally helped his daughter to ‘develop her education, her self-esteem and her sparkling personality. ‘ The use of the adje ctive ‘sparkling' within the tricolon highlights that not only has Scope helped Abigail develop a personality, they have helped her create a strong one that shines through her disability. Another powerful adjective used in the letter is ‘dedicated'. This adjective shows that Scope are trying really hard to make a difference and will stop at nothing to help people like Abigail, people with this terrible disability. Together with the common noun ‘family', the two word classes strongly emphasise that they all work together and make everyone; the family, the ‘pupil' and even the reader feel included in their achievements as a team. The verbs used in this text guide the reader to feel that Scope is a very friendly and caring charity. The modal auxiliary verbs ‘can' and ‘will' express that there is hope for people with Cerebral Palsy, and Scope is it. The modal auxiliary verb ‘will' indicates that Scope will definitely continue helping people for as long as they receive support. The dynamic verbs ‘meeting' and ‘providing' are in the progressive tense, showing that Scope's work is ongoing, meaning that they have to rely on peoples donations for their work to continue. Furthermore, the verbs ‘develop', ‘provide', ‘share' and ‘support' greatly emphasise that Scope are not forceful and are there to ‘support' people like Abigail. They do not push her but guide her and help her to become the best she can be, while making life for her and her family easier. Taking away the pressure and worry for her education and how it might be affected by Cerebral Palsy. The verb ‘support' is particularly important as it makes the reader realise that Abigail is not an invalid, nor should she be treated as inferior to anybody else, she just needs a little help and guidance due to her disability. That is where Scope comes in. These verbs persuade the reader to help as they can empathise with Abigail. Finally the verbs ‘joking' and ‘giggling' lighten up the mood of the text as the reader becomes aware that Scope help bring light and happiness into these peoples lives. Although Ric himself didn't write this letter, it would have been carefully crafted to make it sound as if he did, to make it more personal and more effective. The writer uses the grammatical techniques to make the audience aware of what it would be like in Ric's shoes, persuading them to help, while informing them about Cerebral Palsy and how Scope enable people to overcome difficulties in learning.

Ethical Issues Within The Field Of Human Resources

Organizations are increasingly facing problems with ethical issues in the field of human resources. Among the biggest ethical concerns businesses faced are the quality of work life, diversity at the workplace, worth of an individual, impartiality of human resources managers, and fair remuneration of employees. These issues present challenges mainly due to attaining a balance between the interest of the organization and requirements of employees. Ranking them based on effect on productivity and organizational performance reveals that fair remuneration concerns come first followed by impartiality of managers, then quality of work life that is followed by worth of individuals and last diversity in the workplace. Organizations have several options to address these challenges. Developing policies for dispute resolution, openness and fair remuneration based on workload and qualifications are some of the ways to address these challenges. Additionally, businesses should make their employees feel appreciated by providing rewards and benefit that recognize the effort of individuals. Ethical Issues in Human Resources Increasingly, organizations are paying attention to ethics partly due to the positive influence it has on the behavior of employees (Marta et al., 2013). The field of human resources has numerous ethical challenges. However, the most common are the quality of work life, diversity in the workplace, worth of an individual, impartiality of human resources managers, and fairShow MoreRelatedThe National Youth Advocate Program1293 Words   |  6 Pagesother agencies within the area such as the National Youth Advocate Program. I believe in their values but, I like the fact that the agency I chose works with a broader range of issues. Another agency I researched was Communicare Services. This particular agency offers direct case management to their clients. 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