Hurricane Katrin The United States - 6790 Words

In late August of 2005, Hurricane Katrina descended on the Gulf Coast of the United States, forever altering millions of lives. The category 5 hurricane became the third largest storm to hit the United States. It caused $150 billion in property damages (not including the destruction of the New Orleans levees) making it the costliest hurricane in United States History. In the immediate aftermath of the storm, the United States Coast Guard rescued over 34,000 people in New Orleans alone. Others were saved only by the bravery and kindness of their neighbors. Despite these heroic efforts, this catastrophe still killed 1,836 people. Another 700 people are still missing 10 years later (â€Å"Hurricane Katrina†, 2015). Before the storm hit,†¦show more content†¦The country looked towards New Orleans in pity and disgust. The city was falling apart simply because disaster response organizations (namely FEMA) were not adequately responding to the disaster. Critics claim that the government’s mismanagement of the Federal Emergency Management Agency (FEMA) is to blame for the disappointing relief efforts. FEMA has been accused of taking too long to act and then for not even having a plan of action. Many people agree that the agency had no idea of just how much damage the storm caused and failed to accurately prepare for such a catastrophe (â€Å"Hurricane Katrina†, 2015). Senator Joseph Liberman stated, â€Å"’Government failures preparing for and responding to Hurricane Katrina allowed much more human suffering and property destruction to occur than should have. That is the sad and stunning fact’† (Shoup, 2005). Local officials accused FEMA of inadequate communication practices and lack of leadership. The Louisiana Governor complained saying, â€Å"’we wanted helicopters, food and water. They wanted to negotiate an organizational chart’† (Shoup, 2005). There were even †Å"reports of FEMA turning down personnel and supplies offered by police forces and emergency crews† (Shoup, 2005). The director of the agency, Michael Brown came under a lot of fire for his execution of the relief efforts. His defense was simple: â€Å"no one could have prepared for the extent of the damage caused by Hurricane Katrina and the ensuing flooding of New

The Effects of Violence in Media on Society Today Essay

Is societies violence the medias fault? This is the question that has been asked since before television was in every Americans house. Of course there are the different types of media today ranging from newspapers, to on-line reports and stories. There have been arguments upon arguments about this issue, and over 3,000 studies conducted. Unfortunately there isnt one single result, there is only an array of supposed answers to this undying question. CBS president, Howard Stringer is pointing to a different scapegoat for societys violence. I come from a country Â… that puts a lot of American movies on and has more graphic violence within its live drama on the BBC than anywhere else, and there is a lot less violence in the United Kingdom†¦show more content†¦It is notable to see that some of these theories were stated as early as 1961. Most would have to disagree with these theories just because of the age of their births, but to most peoples surprise they still hold in the 21st century. The arousal theory is basically self-explanatory. This was theorized by P.H. Tannenbaum in 1975. He said exposure to television violence increases aggression because violence increases excitation, or arouses viewers (Tannenbaum Zillman, 1975). This is also being found in the recent studies, which shows the progression in the medias will to change.The social learning theory was described by Dr. Bandura. This theory says ways of behaving are learned by observing others, and that this is a major means by which children acquire unfamiliar behavior, although performance of acquired behavior will depend at least in part on factors other than acquisition (Bandura, 1973). A perfect example of this theory was when the murders occurred after the prizefights.The disinhibition hypothesis was L. Berkowitzs investigation. This hypothesis explains that television violence in certain circumstances will result in increased interpersonal aggression because it weakens inhibitions agains t such behavior (Berkowitz, 1962).The final theory, catharsis hypothesis was written by S. Feshbach. This theory explains that under certain conditions exposure to television violence will reduceShow MoreRelatedMedia Violence And Its Effects On Today s Society2184 Words   |  9 Pages Media violence, in some cases, can be a real issue in today s society. However, we can not blame all of the reality violence on media portrayals. Media violence is just as it sounds, the art of violence through media. The official definition of media violence is visual portrayals of acts of physical aggression by one human or human-like character against another (L. RowellHuesmann). As there are many things that can promote violence in today s world, this could be part of the reason that whatRead MoreMedia Violence And Its Effects On Today s Society2168 Words   |  9 PagesEssay Two Media violence, in some cases, can be a real issue in today s society. However, we can not blame all of the reality violence on media portrayals. Media Violence is just as it sounds, the art of violence through media. (1)The official definition of media violence is visual portrayals of acts of physical aggression by one human or human-like character against another. As there are many things that can promote violence in the world we live in today, this could be part of the reason thatRead More The Effects Of Violence In Media On Society Today Essay2224 Words   |  9 Pages Is societies violence the media’s fault? This is the question that has been asked since before television was in every American’s house. Of course there are the different types of media today ranging from newspapers, to on-line reports and stories. There have been arguments upon arguments about this issue, and over 3,000 studies conducted. Unfortunately there isn’t one single result, there is only an array of supposed answers to this undying question. CBS president, Howard Stringer is pointingRead MoreMedia Essay1335 Words   |  6 PagesOGarro Media and Society Professor Stephanie Morrow Media portrayal of sex and violence between today and my past. Media is a mode of communication which acts to be a link between the people in today’s society. There were many different issues presented between today and earlier days in the case of media portrayal of sex and violence. Today the media represents the stories of sex and violence in every single newspaper, video, radio and channels as opposed to the past, the media was consideredRead More Media Violence and Its Effects Essay709 Words   |  3 PagesThroughout decades, media have became one of the most powerful weapons in the world. As time passed, more and more varieties of media were shown, like television, magazines, and internet. From reporting the news to persuading us to buy certain products, media became the only connection between people and the world. But violence in media is shown everywhere, it is hard to turn on your media source and not find violence displayed on the screen, no matter its television, internet, print media, or even radioRead MoreViolent Media Is G ood For Kids1324 Words   |  6 PagesWhen it comes to the topic of violent media, some of us would readily agree it’s a controversial subject as to whether kids should or shouldn’t be exposed to it. This is because many children who view violent media react negatively rather than not being affected at all. Where this agreement usually ends, however, is on the question of what effects does it have on children. Whereas some are convinced that it is a healthy alternative for kids to express themselves, others maintain that it causes kidsRead More Media Stereotyping of Men and Women Essay951 Words   |  4 PagesThroughout society, men and women have been expected to live by guidelines consisting of media generated ideas and ways of living out life. Both men and women’s thinking process are being altered the negative effects of society’s mass media. For both sexes, this repeating negative exposure causes a constant downfall in self-image and creates media influenced decisions that lead to unhealthy lifestyles. The media effects the thinking process of both men and women in negative ways therefore media needsRead MoreMedias Influence of Society Essay1137 Words   |  5 Pageswon’t get reception and your computer wouldn’t turn on. You’ve lost your music, your favorite TV show, your Facebook and lots more. As you can see the media is very important and popular. The media has been a popular creation throughout the decades. As time passed the media develops from magazines to the television to the internet. The media in our society is everywhere. We see it everywhere from the time we wake up until we go to sleep. We wake up, eat breakfast then we turn on the television or readRead MoreThe Negative Effects Of Media Violence In The Media754 Words   |  4 Pagesabout violence portrayed in the media, I noticed that many violent images in the media such as movies, videogames, and music have inspired people to commit large amounts of violent acts, such as committing assaults and murders. It is proven that children can he affected by the violence in media, when they are at a small age. When adults, some can be more aggressive than others, and some may commit more crimes than others. Over 1,000 case studies have proven that media violence can haveRead Moreexample of informative speech outline Essay examples899 Words   |  4 PagesOUTLINE Informative Outline Topic: Impact of Media in the Society and Individual General Purpose: To Inform Specific Purpose: To inform my audience the negative impact of social media in the society and to the individual. Thesis: Social media websites are some of the most popular haunts on the Internet. They have revolutionized the way people communicate and socialize on the Web. I. Introduction A. Attention Getter: Today, just about everyone depends on information and communication

Internet as a Learning Tool Free Essays

string(57) " attitudes towards internet based on various parameters\." International Journal of Computing and Business Research ISSN (Online) : 2229-6166 Volume 2 Issue 2 May 2011 INTERNET AS LEARNING TOOL: INDIAN ENGINEERING STUDENT’S PERCEPTION Vandana Sharma [1], Rishu Chhabra[2] 1 2 Education Research, Infosys Technologies Limited, Mysore, Karnataka, India Department of Computer Science Engineering, Chitkara University, Punjab, India, ABSTRACT Our global economy now relies on brainpower and innovation rather than manual labor and raw material as a generator of wealth and good education has become the key part in shaping the success of the countries. Over the last decade, t h e I T revolution has brought in advancement that shows increasingly visible effects on the education with the birth of online education. First student community realized the effect of the internet on their education. We will write a custom essay sample on Internet as a Learning Tool or any similar topic only for you Order Now Invention of internet has removed all the barriers to learning. The scope of this paper is to analyze the north Indian engineering student’s perception about internet as learning tool effects of internet on them in perspective of their relations, education, entertainment and and socialization. Technology can have both positive and negative consequences on people in different walks of life at different times. Now necessity is to understand the true impact of it so that everybody gathers benefits that yield a healthy mind. In this paper, with the help of an empirical study it was inspected that whether the contacts via e- mail, online chatting and availability of information through Internet would lead our students in a better learned and connected individual. Study also examines the kind of learning mode students prefer. These issues are discovered in detail and suitable solutions are proposed to counter the negative effects of internet on students. Keyword: Internet, education, learning tool INTRODUCTION Internet is a tool for the improvement of learning. A textbook which was a traditional learning tool are now out of date as internet moves quickly and provides updated information and includes a wide variety of International Journal of Computing and Business Research ISSN (Online) : 2229-6166 Volume 2 Issue 2 May 2011 international sources. Now learning has a greater reliance on information acquired from the internet rather than from textbooks. Dependence on this tool has increased exponentially and unbelievably. Social, geographical, economical barriers are disappearing as students interact worldwide. The technological revolution has a faster and deeper impact on more and more lives. This has further increased with the improvement of technology. Venkatesh [1] surveyed in his paper that all technologies create an impact of s o m e k i n d . For example, the television technology has had an influence on the media habits of the public, their attitudes and behavior towards entertainment and the interaction between family members. Cole [2] assessed the requisite of Internet as a mainstream medium t h a t m a y s o o n b e a s prevalent a s television although pace of its diffusion seems much faster. Kraut e t al [3] conducted a longitudinal study on the effects of Internet on social involvement and psychological well-being. Their findings show that the greater use of the Internet was significantly related with decreased community within the family, a decrease in local social network and loneliness and depression. In a report of SIQSS, [4] N. Nie has also continued with the negative consequences of the Internet that are similar with the outcomes of the Kraut group. Katz and Aspden [5] made a survey using 2500 respondents, 8 percent of them were Internet users. Comparing users with non-users, they establish no evidence t h a t t h e u s e o f i nternet reduces people’s membership in social and religious organizations. Among users, more use of the Internet was related with additional contact with family members and an increased involvement in online communities. This survey contradicts the discoveries presented in [4] and [5]. Wellman [6] made a survey on â€Å"the National Geographic Society website† and came out wi t h t h e s u g g es t i o ns t hat t h e I n t er n e t can be used for increasing interpersonal connectivity and organizational involvement. Not only can expose people to more inf ormation and more contacts, it can reduce commitment to community. However, this increased connectivity and involvement. In 2009 there were nearly 81,000,000 users of internet in India. There are many studies available at global level about the impact of internet on students but studies about Indian engineering students are not available. INTERNET IN EDUCATION There are number of main advantages of using internet for education [7] A . Flexibility and Variety The flexibility of the internet is possibly the greatest advantage for online education. Websites, interactive activities, lecture notes, videoconferencing, webinars, chartrooms, and blogs, online education students and their educators can interact in ways that are already known to them. Internet provides user friendly interface International Journal of Computing and Business Research ISSN (Online) : 2229-6166 Volume 2 Issue 2 May 2011 to user and new users also feel more comfortable with time B. Ease and Low Cost of Access Internet has defeated the distance barrier for learning. Students need not to move to gain knowledge. It has become easy and affordable for everyone from a rural area student to a working professional. For the purpose of interactive courses and videoconferencing rural students are facing problem and this still requires attention C. Ease and Low Cost of Setting Information Online Email, chat and interactive online meeting has become new way of learning. Information regarding a course is all available online. This is not only accessible but is affordable for institutes also. Records are available for 24X7 for any time use. D. Ease of Updating Information Online Information updation is easier than revising a textbook. Results can be displayed just after an exam. A new course is easy to add. New research or finding can become part of syllabus instantly. In [8] Aytekin ISMAN, Fahme DABAJ studied students-teachers’ perceptions and attitudes towards internet based on various parameters. You read "Internet as a Learning Tool" in category "Essay examples" It was concluded that at education cycle of students concentrate more to learn internet alternatives and functions for getting great positive benefit their future life by adapting contemporary trends. In [9] Hong etal studied . Students’ attitudes toward the use of the Internet for it is important that students should b e exposed learning at a university in Malaysia and showed that to this web based learning so that they could get benefit from Web-based courses and Web-assisted conducted in their field of specialization by the various departments. PURPOSE OF THE STUDY The purpose of this research was to collect information about the impact of internet on learning of engineering students. This study is directed to answer following questions: †¢ †¢ †¢ What is the attitude of students towards using internet for their course contents? Do the students prefer using internet over books? Does internet builds confidence in students by helping them in presentations etc.? METHODOLOGY The research instrument in this study was a questionnaire. There were total of 20 questions in this questionnaire each with five selections of response from â€Å"Strongly Agree† to Strongly Disagree†. Questions were divided into four categories. In first category questions were framed to measure student’s attitude toward International Journal of Computing and Business Research ISSN (Online) : 2229-6166 Volume 2 Issue 2 May 2011 he use of internet for their course purpose. Sample question for this category is â€Å"With the help of internet I am able to collect more study material â€Å". Second category asks students about their preference of internet over books. Sample question for this statement is â€Å"For study purpose I prefer spending time on internet surfing rather sitting in a library â€Å". Third category measures the student’s attitude for internet as a tool of confidence builder. Sample question is â€Å"Internet has boosted my confidence as I am able to present my reports, seminars etc. n better wayâ€Å". In the last category miscellaneous questions were asked to get student opinion about group learning through internet using blogs and discussion forums, their time spent on internet etc. As all students were engineering students, questions were not asked to measure their basic knowledge and skills of the internet. Population under investigation included 100 students of Computer Science Engineering of a Wifi enabled engineering institute campus. All students use Laptop and Internet on daily basis. RESULT AND DISCUSSION A. Student’s attitude towards using internet for their syllabi There were four questions under this category. For each statement responses were coded 2 for â€Å"Strongly disagree â€Å"to 5 for â€Å"Strongly agree† and 1 for â€Å"No opinion†. Thus the scores for each student on the statement ranges from 8 to 20. Scores from 8-10, 12-16 and 17-20 were classified as having â€Å"negative† ,†neutral† and â€Å"Positive† attitude towards the use of internet for learning. Table 1 shows the result. Table1. Student’s attitude towards using internet for learning. Scores 8-10 12-16 17-20 Attitude Negative Neutral Positive Frequency 2 58 40 B. Student’s preference of internet for study material over the books For each statement responses were coded for 2 â€Å"Strongly disagree â€Å"to 5 for â€Å"Strongly agree† and 1 for â€Å"No opinion†. Thus the scores for each student on the statement range from 10 to 21. Scores from 10-14, 1517 and 18-21 were classified as â€Å"do not prefer using internet â€Å",†no preference† and â€Å"prefer use of internet† over books. Table 2 shows the result of student’s preference of internet over books International Journal of Computing and Business Research ISSN (Online) : 2229-6166 Volume 2 Issue 2 May 2011 Table2. Student’s preference of internet over books Scores 10-14 15-17 18-21 Preference Frequency Do not 15 Prefer No 48 preference 37 Prefer C. Student’s attitude towards internet as a confidence builder For each statement responses were coded 2 for â€Å"Strongly disagree â€Å"to 5 for â€Å"Strongly agree† and 1 for â€Å"no opinion†. Thus the scores for each student on the statement range from 2 to 10. Scores from 2-4, 5-7 and 810 were classified as having â€Å"Negative â€Å",†Neutral† and â€Å"Positive† attitudes towards the use of internet for learning. Table 3 shows the attitude of students toward internet as confidence builder. Table3. Student’s attitude towards internet as a confidence builder. Scores 2-4 5-7 8-10 Attitude Negative Neutral Positive Frequency 11 31 58 Despite of the fact that the students in this survey were from computer science engineering stream half of the students find it difficult to understand all the terms on WebPages. 90% students spend 1-5 hours on internet. 66% students use blogs and discussion forum for the solution to their technical problems. Only 8% students disagree that internet can be helpful in group learning. 79% students consider that mixture of online course and classroom course will be better for learning process. 84% students feel that internet helpful to prepare them for examination. 71% students do not find internet adding to laziness. 51 % students believe that the use of internet has decreased the verbal communications among themselves. Internet has positive impact on learning domain but has negative impact on social aspects of a student’s personality. Though students realize this they should indulge more in social interactions and activities. Institutes should hold seminars time to time to make students aware about the importance of internet as learning tool. Institutes should encourage group learning through internet and should promote the use of blogs for learning purpose. Courses should be designed in blended format of classroom and online teaching. As result of this survey showed that more Indian students are opting online books as compare to paper book so use of online book International Journal of Computing and Business Research ISSN (Online) : 2229-6166 Volume 2 Issue 2 May 2011 reading devices should be promoted. The use of such devices is user friendly. CONCLUSION In this paper result of the survey of use of internet as learning tool by engineering student has been presented. Engineering students are using computer and internet on daily basis. Maximum students find internet a very useful tool for their studies. Students prefer online books and study material. They find internet helpful to boost their confidence for presentations and reports. Engineering institutes should promote the use of internet as a learning tool and should provide infrastructure to facilitate the students. Students also feel that excess use of internet may cause some socialization problems. REFERENCES [1] A. Venkatesh, A c onceptualization of Household/Technology Interactions, Advances in Consumer Research, Vol. 12, 189-194, 1985. [2] J. I. Cole, The Impact of the Internet on Our Social,Political and Economic Life, The UCCLA Center for communication Policy, 2000. [3] R. Kraut, M. Patterosn, V. undmark, S. Keisler, T. Mukophadhyay and W. Scherlis, Internet Paradox: being? , a Social Technology that Reduces Social Involvement and PsychologicalWell53(9),1998a. American Psychologist, [4] N. Nie, Study of social Consequences of the Internet, Stanford Institute of the Quantitative Study of Society (SIQSS), 2000. [5] J. Katz, and P. Aspden, Motivations for and Barriers to Internet Usage: Results of a national publicopinion survey,Internet Research-Electronic 170, 1997. [6] B. Wellman, A. Q. Haase, J. Witte, K. Hampton, Does the Internet Increase, Decrease, or Supplement Social Capital? Social Networks,Participation, and Community Commitment, The Internet in Everyday Life, American Behavioral Scientist, 45(3), 437-456, 2001. [7]http://www. college-university- directory. com/internet_1. html [8] Aytekin ISMAN, Fahme DABAJ, Attitudes of Students Towards Internet,Turkish Online Journal of Distance Education-TOJDE October 2004 ISSN 1302-6488 ,5 (4) [9] Kian-Sam Hong, Abang Ahmad Ridzuan , Ming-Koon Kuek , Students’ attitudes toward the use of the Internet for learning: A study at a university in Malaysia. networking Applications and Policy, Vol. 7(3), How to cite Internet as a Learning Tool, Essay examples

Mineral Resource And Ore Reserve Estimation â€Myassignmenthelp.Com

Question: Discuss About The Mineral Resource And Ore Reserve Estimation? Answer: Introduction Business strategy sets out for achieving desired objective. It is defined as a long term business planning. A business approach generally covers a period of around 3-5 years and at times even longer. BHP Billiton is one of the greatest leading resources Company. This company extract and process minerals, oil and gas, and more than 60,000 workers and contractors works in Australia and America. This company product is sold worldwide, sailing and marketing led through Houston, Singapore and United States. BHP Billiton headquarters are in Melbourne, Australia. This firm operate a dual listed firm structure with two parent firms, first is BHP Billiton Limited and second is BHP Billiton Plc. The approach of this corporation is to own and operate large, long life, low cost, upstream assets diversified by commodity, market and geography. This report will demonstrate the current business strategy of BHP Billiton, internal external analysis of BHP Billiton and its competitive advantage. Competitive advantage of BHP Billiton As Chinas growing retreats from exponential to desirable, with service prices following suit, geology and geography is not sufficient to assurance the on-going growing of Australia. If Australia want to give fresh jobs with great pay scale and some prospects will be beneficial for the youngsters, then they should address the states output challenges. There are some reasons, due to which the productivity in Australia has deteriorated in some industry as they are unable to participate efficiently in the world-wide market. A punier Australian dollar gives short-term release which is not sufficient (Alam and Majumdar, 2011). The fundamentals needs to be examined which support productivity, development of talents and the skill of the people of the company which is the most essential resource of all; the roads, rails and harbour organisation to make the company an effective interchange nation and incentivising and upgrading the skill and innovative ideas to give extra production today and give a provision to the job for tomorrow. The pains are very crucial to increase the output, which will help in organising the capital required to implement new resources and to apply some new technology (Grant et al., 2013). The flow of capital to investment opportunities will be smooth in Australia, if they can be able to make the stability between risks and arrival right. To attract new principal, the most important factor is to make sure that they have a modest taxation command globally which means they want to have a good tax rate and a proper scheme which is created from the values of simplicity, constancy, transparency, sustainability and fairness (Barbash and Roye, n.d.). A debate which has been informed before, as how to improve the tax system, based on the principles and also needed to have an appreciation of todays worldwide reality. This discussion should identify the main role of tax locations which it plays, to expand the growth and productivity and BHP Billiton als o want to take part in the discussion. The economy of BHP Billiton make the influence to Australia of around A$27 billion last year by the expenses given to suppliers, earnings and the benefits of the employee, taxes and monarchs, dividends. BHP Billiton is the countrys largest tax payer. Trends in Australian steel manufacturing Industry The steel manufacturing industry in Australia has gone through some major failures from the last five years. Industry revenue is likely to fall in an annual rate4 of 8.5% from last five years in 2016-17 to $9.1 billion. This makes an expected decline of 7.9% in the present year. The falling down of demands from the markets going downwards has driven industry failures (Hubbard and Moore, 2012). To be precise, the activity of falling from downstream of mining and manufacturing industries has decreased the demands for the products of the industry. To add in it, low cost of steel and the competition of the import markets has put lots of pressure on the operators of the industry by the help of low cost and decreased demands, with many individuals reducing the production from a long period. The steel industry is relatively capital-intensive (Edwards, 2014). For each and every dollar spent on cost of capital, approximately $3.77 has been spent on wages. The capital strength of differs with the size of the operators of the industry, as more benefits of the firm from the economic scale and more demanding regarding capital, whereas some smaller operators are labour oriented with the high cost of wages in relation to depreciation. In spite of this, high expenses of capital on equipment and machines which is needed to operate in the industry. Capital tool like electric arc furnaces, blast furnaces, charging buckets and machines used for casting are very costly and can be modified to a great extent (Grant et al., 2013). To run the operation, labours with high skill is required to control the machines and the tools of the industry, which makes the expenditure high in the cost of wages. Figure 1: Australian exchange rates in terms of trade Source: (Anderson, 2017) From the above graph, it can clearly be identified that there has been a fall in in the exchange rate in in Australias terms of trade. The decline has continued into 2016, as the terms of trade has dipping to 80.5 in the June quarter of 2016, which is the lowest level in the decade. Figure 2: Business Investment by Industry, June 2006 to June 2016 Source: (Anderson, 2017) The following data is the real trend data of the business investment in Australia. It can be clearly identified from the above graph that there has been continuation in the falling of the business investment mainly in mining. Business Investment in mining was $54.2 in 205-26, whereas it was $74.8 billion in 2014-15. This clearly indicates a drop of 29.9 per cent(Anderson, 2017). The future business investment and its impact on the domestic economy is still a concern for Australia. As per the Trading Economics global macro models and analysts expectation the production of steel in Australia is expected to be 450.59 thousand tonnes within the end of this quarter. Looking towards the future, it has been estimated that the production of steel in Australia will stand at 453.63 with 12 months times. It has been analysed that the production of steel in Australia is estimated to trend about 453.69 thousand tonnes in the year 2020 as per the econometric models. Current business strategy of BHP Billiton in Australia The policy of this business is to own and run large, long life, low cost, upstream properties spread by commodity, market and geography. This firm have an easy and diverse portfolio of tier one assets about the world, with low cost options for future development and creating new values (Grant et al., 2013). This applies values and culture, emphasise security and productivity, deploy technology and exert capital discipline for extracting the most value and the maximum returns from the assets. Its effective model allows leveraging expertise across its business, with multifunctional terms expertise across the group for sharing best practice, make harmless and focus on solving problems together. Its producers are over the world top producer of major commodities involving iron ore, metallurgical coal and cooper. This company also have substantial interests in production on oil, energy coal and gas. Plan of the company to grow value Consistent with company strategy, it has a plan to develop the value of BHP. This plan is focused on six important parts: Cost efficiencies- focused on more gains Latent capacity- smart returns, normal risk Major projects- timed for value and revenues Exploration- progressive result reduce risk future wells Technology- develop security, minimum cost and unlocks resource Onshore- value and flexibility Capital management The aim of company capital allocation framework is to maximise the potential value of every dollar earn for company shareholder. Swot analysis of BHP Billiton is: Strength: BHP Billiton is one of the largest resources companies. This firm supplies many capitals including copper, uranium, lead and silver etc. it also crops Iron ore, metallurgical coal and manganese in Australia, South Africa and Brazil. This corporation provides thermal coal which is very useful and it is used in the electric power generation and general industry anxieties. This company has shown strong financial returns to its stakeholders (Grant et al., 2013). The profitability ratios show a strong hold on the market. BHP Billiton operates crossways eight countries in Australia, South Africa, the USA and South America. So it has increased the global image of the nation. In case of market capitalization, it is the largest company. This increases the trust of its investors towards the firm. This firm is involved in many CSR activities which has increased the image of the company. These are the strengths of the company. Weakness: The firm is facing many restrictions by the rule of the land. These rules and regulations include increasing traffic organisation standards and to suspend all the work which is non- essential outside sunshine hours. These have compact the efficiency of many events (Anon, 2017). Communication system of the company is one of the main faintness of the company. One of the ways for growing is to collaborate. Opportunities: So there are many opportunities for Bill Billiton to raise in size by unions and attainments. This company may obtain related small firms. This company increase a competitive control in terms of social and also in non-human capitals. The monetary condition of the company and general reliability may be broken for expanding the current operations. It may co-operate with the local competitors there for growing. This will increase the image of the firm in many nations. In this modest world, it is essential to continuously discover in order to endure (Bhp.com, 2017). So proper marketing through effective channels is very necessary for growing in this company. Threats: The BHP Billiton is fronting rivalry from many administrations like Anglo American plc, ExxonMobil Corporation, and Nippon Corporation etc. This may be the major threat in the upcoming centuries. The cost of the raw supplies which is used by the firm is growing at a very fast rate. This will increase the production cost which results to increase the general success. External analysis of Bill Billiton The PESTEL analysis of Bill Billiton is strategic tool for analysing the macro environment. PESTEL analysis stands for radical, Economic, Social, Technological, Ecological and lawful factors which impact the instruction environment of Bill Billiton. Political factors: Political factors play an important role to determine the factors which may impact the long term profitability of BHP Billiton in a country or in market (Bhp.com, 2017). This company is operating in industrial metals and minerals in many countries. BHP Billiton analyse some factors before exploiting in a market. Governmental solidity and importance of metals and minerals in economy of the country Legal framework Level of corruption Business regulations Employees benefits Tax rates and incentives Anti-trust laws related to industrial metals and minerals. Economic factors The factors of macro environment like inflation rates, saving rates, interest rate, and foreign exchange rates regulate the demand and asset in an economy (Anon, 2016). Macro atmosphere factors like struggle norms which effect the competitive advantage of the company. Some economic factors which BHP Billiton should analyse are: Type of economic system means what type of monetary system there is and how stable it is. Exchange rates and stability Efficiency of financial markets Education level of the economy Labour cost and production cost Commercial cycle stage Financial growth rate Joblessness rate Interest rate Inflation rate Social factors The culture of the society also impacts the nation of a group in an environment. Arrogances of the population play an important role in how the dealers of BHP Billiton will understand the consumers of the market (Anon, 2016). Social factors which BHP Billiton should analyse are: Skill levels of the population Class structure and hierarchy Education level in this company Culture which includes gender, roles and social conventions etc. Attitudes which include health, environment and consciousness etc. Leisure interests Technological factors Technology is growing very fast across the world. Over the last five years the company has been growing very fast (Anon, 2016). Skill analysis includes understanding of many effects- Fresh technological growths by BHP Billiton opponents Effect of skill on product contribution Effect on cost assembly Rate of technical diffusion Environmental factors As different marks consist different environmental standards that can impact the profitability of a company (Anon, 2010). Some of the ecological factors which a company should reflect are: Climate Climate change Rules which regulate environmental effluence Recycling Air and water effluence guidelines in metals and mineral industry Leftover management Support for renewable energy Legal factors Some of the legal factors which BHP Billiton leadership should analyse Anti-trust law in the company Discrimination law Employment law Costumer protection Health and safety law Data protection Conclusion It has been found from the discussion that BHP Billiton is one of the greatest leading resources Company. This company extract and process minerals, oil and gas, and more than 60,000 workers and contractors works in Australia and America. The flow of capital to investment opportunities will be smooth in Australia, if they can be able to make the balance between risks and return right. As per the Trading Economics global macro models and analysts expectation the production of steel in Australia is expected to be 450.59 thousand tonnes within the end of this quarter. This firm have an easy and diverse portfolio of tier one assets about the world, with low cost options for future development and creating new values. This company provides thermal coal which is very useful and it is used in the electric power group and general manufacturing anxieties. References Alam, Q. and Majumdar, N. (2011).Cases in business and management. Prahran, Vic.: Tilde University Press. Anderson, K., 2017. Sectoral Trends and Shocks in Australia's Economic Growth. Australian Economic History Review, 57(1), pp.2-21. Anon, (2010).Our strategy delivers Sustainability Report. [online] Available at: https://static.globalreporting.org/report-pdfs/2010/d15f1e51b615717103b0c49f0818acad.pdf [Accessed 18 Sep. 2017]. Anon(2017).Value through perfromance. 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