Wednesday, October 23, 2013

The Management Planning of Halliburton

In order for a company to achieve its best take of profit, planning needs to be the most constituent(a) score down of management. Halliburton is peerless of the largest corporations in the United States and is one of the world?s largest providers of products and usefulnesss to the oil colour and gas industry. caution?s righteousness is to set up and implement procedures finished which the company drop achieve maximum potential. This will barely be accomplishable when management asserts and adheres to a diversified, well aforethought(ip) business strategy. Halliburton is an oilfield service company and provider of engineering and reflexion services. Halliburton was founded in 1919 and has turn out it is a solid foundation, still it only has grown hugely within the last few years when two reinvigorated divisions were formed: the Energy serve crowd (ESG) and Kellogg Brown and solution KBR). This profitable change is a direct result of the spinal fusion with Dr esser Industries in 1998. In 2001 Halliburton put downed a record 13 zillion in profits.(Halliburton,2007,p3) The Energy Services Group offers a replete(p) range of products and services to upstream oil and gas customers worldwide, ranging from the manufacturing of utilization bits and other down hole and fulfilment tools and pressure pumping services. KBR, on the other hand, is the engineering subsidiary for Halliburton and is a global loss leader in construction and project management.
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Additionally, KBR is a leading organisation service contractor, which subsequently has been the focal slur of many court-ordered and ethical issues. After an extensive audit by the justice De partment it was revealed that KBR overcharge! d the US government by $27.4 million and apply that money to give kickbacks to their employees in alternate for providing contracts to their subcontractor Associated Press. This is an illegal act, which would normally be considered a violation of ethics. moreover what makes... If you want to get a full essay, order it on our website: OrderEssay.net

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