Logo
FULIOPAC 

FOUNDATION UNIVERSITY LIBRARY INTEGRATED ONLINE PUBLIC ACCESS CATALOG

 Home  About Us   Libraries   Services  AI (Artificial Intelligence)   FULEAP  FULELR   FULOG-InS  CoRe   eBooks  eResources   PDF   Databases   GaleComplete  Gender&Development  Thesis/Dissertation   BP/Capstone/FS   DigiLib   Lists   CourseReserves   FilOnline  
Image from Google Jackets

Strategies for managing uncertainty : booms and busts in the energy industry / Alfred A. Marcus, University of Minnesota.

By: Material type: TextTextSeries: Organizations and the natural environmentPublisher: Cambridge, United Kingdom ; New York, NY, USA : Cambridge University Press, 2019Description: 1 online resource (xiii, 567 pages illustrations)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781107191150
  • 9781316641682
Subject(s): LOC classification:
  • HD 9560.5 .2019 M3155
Other classification:
  • BUS025000
Online resources:
Contents:
Machine generated contents note: Introduction: calculated wagers and hedging; Part I. The Problem: 1. Risk and uncertainty in the energy industry; 2. The management of risk and uncertainty; 3. Hedging in the energy industry; 4. Booms and busts in the energy industry; Part II. Challenges in Major Sectors: 5. The oil and natural gas sector; 6. The motor vehicle sector; 7. The electric utility sector; Part III. Oil and Natural Gas Company Strategies: 8. Strategies to try to offset plummeting prices: Exxon Mobil; 9. Strategies to try to offset plummeting prices: BP; 10. Strategies to try to offset plummeting prices: Shell; 11. Strategies to try to offset plummeting prices: Total; Part IV. Motor Vehicle Company Strategies: 12. Strategies to take advantage of plummeting prices: GM; 13. Strategies to take advantage of plummeting prices: Ford; 14. Strategies to take advantage of plummeting prices: VW; 15. Strategies to take advantage of plummeting prices: Toyota; Part V. Conclusion: 16. Oil and gas companies strategic moves 2017-18; 17. Motor vehicles companies strategic moves 2017-18; 18. Ambivalence, paradox, and hedging.
Summary: "All organizations must cope with future uncertainties. These uncertainties affect the strategic choices they make. They must commit scarce organizational resources to future outcomes which they have little assurance will come into being. Marcus explores how decision makers in the energy industry made choices in the face of such uncertainties, specifically examining two major uncertainties they confronted in the 2012-18 period - price volatility and climate change. Marcus tells the story of how different companies in the integrated oil and natural gas sector and in the motor vehicle sector responded to these uncertainties. In the face of these challenges, companies in the energy industry hedged their bets by staking out paradoxical or contrasting positions. On the one hand, they focused on capturing as much gain as they could from the world's current dependence on fossil fuels and on the other hand they made preparations for a future in which fossil fuels might not be the world's dominant energy source"-- Provided by publisher.
List(s) this item appears in: Industrial Engineering, Bachelor of Science in
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)

Includes bibliographical references (pages 525-531) and index.

Machine generated contents note: Introduction: calculated wagers and hedging; Part I. The Problem: 1. Risk and uncertainty in the energy industry; 2. The management of risk and uncertainty; 3. Hedging in the energy industry; 4. Booms and busts in the energy industry; Part II. Challenges in Major Sectors: 5. The oil and natural gas sector; 6. The motor vehicle sector; 7. The electric utility sector; Part III. Oil and Natural Gas Company Strategies: 8. Strategies to try to offset plummeting prices: Exxon Mobil; 9. Strategies to try to offset plummeting prices: BP; 10. Strategies to try to offset plummeting prices: Shell; 11. Strategies to try to offset plummeting prices: Total; Part IV. Motor Vehicle Company Strategies: 12. Strategies to take advantage of plummeting prices: GM; 13. Strategies to take advantage of plummeting prices: Ford; 14. Strategies to take advantage of plummeting prices: VW; 15. Strategies to take advantage of plummeting prices: Toyota; Part V. Conclusion: 16. Oil and gas companies strategic moves 2017-18; 17. Motor vehicles companies strategic moves 2017-18; 18. Ambivalence, paradox, and hedging.

"All organizations must cope with future uncertainties. These uncertainties affect the strategic choices they make. They must commit scarce organizational resources to future outcomes which they have little assurance will come into being. Marcus explores how decision makers in the energy industry made choices in the face of such uncertainties, specifically examining two major uncertainties they confronted in the 2012-18 period - price volatility and climate change. Marcus tells the story of how different companies in the integrated oil and natural gas sector and in the motor vehicle sector responded to these uncertainties. In the face of these challenges, companies in the energy industry hedged their bets by staking out paradoxical or contrasting positions. On the one hand, they focused on capturing as much gain as they could from the world's current dependence on fossil fuels and on the other hand they made preparations for a future in which fossil fuels might not be the world's dominant energy source"-- Provided by publisher.

There are no comments on this title.

to post a comment.