EFFECTIVE MANAGEMENT OF THE IMERGING OIL AND GAS INDUSTRY IN GHANA(CAN Essay

Viable MANAGEMENT OF THE IMERGING OIL AND GAS INDUSTRY IN GHANA(CAN GHANA AVOID A RESOURSE CURSE) - Essay Example Regardless of whether Ghana’s current institutional structure will be fit for meeting the difficulties presented by oil abuse, and will have the option to utilize this chance to carry more noteworthy success and solidness to the nation, is a troublesome inquiry. In this paper, the reasons why other oil makers have neglected to make an achievement of this industry will be analyzed. Having made this investigation, suggestions will be given for how Ghana can channel its new mineral riches into solid monetary development and an improvement in expectations for everyday comforts the nation over. Substance 1. Presentation 1.1 West African Oil Production 1.2 Western Interests 1.3 Advantages of West African Oil 1.4 The ‘Resource Curse’ 1.5 Ghana 1.6 Oil Exploitation in Ghana 1.7 Drilling Begins 1.8 Chinese Interest 2. Writing Review 2.1 Ghana’s Success 2.2 Kosmos-Exxon Mobil Contract 2.3 Warnings of a Resource Curse 2.4 The Beginnings of Insurgency 2.5 Excessive Bor rowing 2.6 The Nigerian Experience 3. System 3.1 Choice of Subject 3.2 Data Collection and Analysis 4. Suggestions 4.1 Democracy 4.2 Transparency and Accountability 4.3 Investor Confidence 4.4 Role of Foreign Oil Companies and Governments 4.5 Revenue Management 4.6 A Diverse Economy 5. End Bibliography Figures Fig.1. Wellsprings of U.S. Oil Imports, 2007 Fig.2. Ghana’s seaward oil fields. Fig.3. ... line from landlocked Chad to seaside Cameroon, and new investigations for potential oil fields on the Atlantic coast were signs that the area was getting one of the West’s significant oil providers. There is a general accord that the demonstrated stores of West Africa are more noteworthy than those of either North American or Eastern Europe and Russia, and current significant providers are Nigeria, Angola, Congo (Brazzaville), Gabon and Cameroon. In fact, Nigeria is the world’s 6th biggest supplier of oil, and Angola will most likely demonstrate to have more oil than Kuwait. Because of expanded Western interest for oil, it is normal that Nigeria and Angola, the region’s two greatest makers, will twofold or even triple their yield over the span of the following decade. 1.2 Western Interests During the Cold War, the United States in especially was intensely occupied with Africa in a key and military limit, as a major aspect of its battle against worldwide socialism . Its organizations were resolved that the Soviet Union would have the option to discover broad partners in the locale. Financial help was offered through the World Bank and the International Monetary Fund (IMF), the two of which are vigorously affected by the United States government. US commitment likewise the type of military intercession, in locales where Communist uprisings compromised industrialist governments, whether or not or not the last were setting a case of good administration. In Angola, for instance, the United States propelled undercover and obvious CIA and exceptional powers activities, in intrigue with a few unique gatherings, and was worried over all that Communist powers in the nation ought not oversee the oil holds. This frequently included supporting unrepresentative governments in Luanda or the

Essentials Of Social Media In Sports Samples †MyAssignmenthelp.com

Quesion: Examine about the Essentials Of Social Media In Sports. Answer Basic of Social Media in Sports In todays serious business world, the job of internet based life has developed essentially in each industry. Internet based life is characterized as a group of online correspondences channels that are devoted to network based, connection, content-sharing, joint effort and information. This document will examine the fundamentals of online life in sports and assess how sports brands utilize internet based life locales to further their potential benefit. Further, advantages and disadvantages of utilizing online networking in sports industry will be broke down. Associations in sports industry utilize web-based social networking locales for various purposes, for example, promoting, focusing on clients, directing statistical surveying, expanding client connection and others. Web based life alongside versatile innovation is changing games and business identified with it. The organizations utilize web based life locales to open new correspondence channels between with their clients which lea d to making new advertisement opportunity with supports. The advantages of utilizing online life locales incorporate brand proclivity and unwaveringness that prompts expanded productivity for ventures. Web based life give a huge stage to avid supporters which is accessible day in and day out for them, and they can share and collaborate with individuals of comparative intrigue. Web based life destinations empower sports brands to make and distribute their own substance online which makes an online brand profile of the firm. It gives apparatuses to investigation to organizations in sports industry which they can use to direct statistical surveying that permits them to target new markets. The organizations utilize online nearness for relationship working with clients since they have the choice to discuss straightforwardly with their crowd (Witkemper, Lim and Waldburger, 170). Adidas is one of the greatest driving games associations which successfully utilize web based life to further its potential benefit. The organization has nearness and enormous after via web-based networking media destinations, for example, Facebook, Twitter, YouTube, and Instagram. The firm uses these channels to post incredible substance which depends on their image and the business that give them colossal reaction from people in general. Online brand nearness is vital for sports organi zations, and Adidas keeps up a positive brand picture. The fundamental contender of the firm, Nike, savagely utilize online life destinations by employing dubious games individual in its promoting effort. Then again, Adidas make a positive brand picture by clingy by setting up a positive culture and following a lot of qualities. These variables increment brand mindfulness and gainfulness of the organization which prompts Geniuses of Social Media in Sports Bigger Fan Base There are in excess of three billion web based life clients around the world, and the greater part of them get to their online life account through cell phones. According to Statistas Most Popular Pages on Facebook 2017, sports pages have colossal after, for example, Real Madrid CF has more than 106.1 devotees and FC Barcelona has more than 103.49 supporters. These insights demonstrate that web-based social networking locales give an immense stage to sports organizations that they can use to build their fan base. Getting to online life website is helpful for the two devotees and companies that make it one of the most mainstream mechanism for connecting with individuals and promoting their items or administrations (Williams and Chinn, 422-437). Internet based life locales give incredible reach to sports associations since they can pick up supporters from all around the globe. Savvy Internet based life locales are allowed to use for everybody which makes it a savvy device for promoting and shopper association for sports associations. Anybody can make a free record via web-based networking media locales which makes it simpler for organizations to interface and connect with an enormous number of crowds who are keen on their image. Simple Procedure When contrasted with different methods of showcasing or client cooperations, internet based life course is considerably simpler. It is a simple apparatus which can be utilized by sports associations as brand mindfulness strategy. The organizations simply need to open a record on any internet based life webpage, and intrigued individuals naturally tail them. The firm can post extraordinary substance on their profile which pulls in more crowd and expands their image mindfulness (Brown and Billings, 74-81). Thusly, it is a generously simple device that is utilized by companies in the games business to build their image mindfulness. Increment in Brand Loyalty Notwithstanding giving a more extensive crowd, utilization of online life expands the brand dependability of organizations also. As per the investigation of Laroche, Habibi and Richard (76-82), individuals who follow marks via web-based networking media destinations are faithful to them too. Significant Insights Online networking locales permit organizations to screen their web based life measurements through which they can increase significant data with respect to their crowd which helps them in settling on more brilliant business choices. For instance, social investigation give data, for example, which nation has most supporters and what individuals feel about companys brand. Such data helps sports association in settling on more brilliant business choices and expanding their crowd. Cons of Social Media in Sports Negative Feedback Online networking clients have the choice to post negative input with respect to a firm on the off chance that they didn't care for its items. Numerous clients compose furious tirades about a companys items or administrations. In sports industry, individuals who are connected to a game compose negative things with respect to rival groups which can unfavorably influence a companys notoriety (Alexander, 717-733). Potential for Embarrassment Utilization of online life uncovered a companys presents on the world and any mix-up can prompt humiliation for the firm. Associations need to guarantee that their posts are directly since it can prompt an open shame which is negative for companys brand picture (Dijkmans, Kerkhof and Beukeboom, 58-67). Time Intensive Process So as to viably utilize online life locales, organizations are required to persistently draw in or interface with its crowd takes a great deal of time and exertion. Associations which center around keeping up an intelligent online life nearness require contributing labor and asset. The games organizations that have restricted assets think that its hard to deal with a solid nearness via web-based networking media destinations. Online networking locales require day by day observing and organizations need to activitymanagement their profile to see genuine advantages. Danger of Cyber Attacks Utilizing web-based social networking destinations open the organizations to the danger of digital assault or hacking. Cybercriminals hack into the record of enormous companies and post things that can adversely influence the companys brand picture (Kaplan and Haenlein, 59-68). For instance, HBOs internet based life account was hacked which released numerous private information of the organization. In this manner, sports organizations are required putting resources into cybersecurity framework which expands their general expenses. Works Cited Alexander, David E. Internet based life in misfortune hazard decrease and emergency management.Science and designing ethics20.3 (2014): 717-733. Earthy colored, Natalie An., and Andrew C. Billings. Avid supporters as emergency communicators via web-based networking media websites.Public Relations Review39.1 (2013): 74-81. Dijkmans, Corn, Peter Kerkhof, and Camiel J. Beukeboom. A phase to draw in: Social media use and corporate notoriety. Tourism Management 47 (2015): 58-67. Kaplan, Andreas M., and Michael Haenlein. Clients of the world, join together! The difficulties and chances of Social Media.Business horizons53.1 (2010): 59-68. Laroche, Michel, Mohammad Reza Habibi, and Marie-Odile Richard. Regarding life, what to think about it in online networking: How brand dedication is influenced by social media?.International Journal of Information Management 33.1 (2013): 76-82. Statista. Most mainstream Facebook fan pages as of December 2017, in light of number of fans (in millions) Statista, n.d. Web. 5 Mar. 2019, https://www.statista.com/measurements/269304/global brands-on-facebook-by-number-of-fans/. Williams, Jo, and Susan J. Chinn. Meeting relationship-advertising objectives through online networking: An applied model for sport marketers.International Journal of Sport Communication3.4 (2010): 422-437. Witkemper, Chad, Choong Hoon Lim, and Adia Waldburger. Online networking and sports advertising: Examining the inspirations and requirements of Twitter users.Sport Marketing Quarterly21.3 (2012): 170.