Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: Somewhere amid the maze of wells that Murphy Oil Corp. has scattered across Texas’s sprawling Eagle Ford shale formation, Brett Pennington is carrying out a little experiment.

Source: Bloomberg.com – video report

Date: Oct 01, 2015

Link: http://www.bloomberg.com/news/articles/2015-09-30/america-s-oil-output-refuses-to-collapse-here-s-one-reason-why-#r=read

Questions for Discussions:

  • How has the management of oil companies reacted to collapsing oil and sand prices?
  • How does this behavior reflect strategic thinking about productivity and the use of technologies?

Leave a Reply

Your email address will not be published.