In the Foundations of Management; the planning answer entails several factors. One must analyze the current situations, confront the future, determine objectives, and decide the activities that the company will engage in (McGraw Hill, 2009). This paper takes a look at the H on the wholeiburton Oil association, and its procedures of counselling planning. An analysis of Halliburtons legal issues, ethics and effects on the planning process will be considered. Finally, the factors that influence Halliburtons operational, tactical, strategic, and contingency planning will be manageed. Ultimately, this paper attempts to cover the skeletal structure of beginning a company and all the planning and methodology that goes into making said company successful.
The Halliburton Company was founded in 1919 by Erie P. Halliburton. The company began with a borrowed wagon, a aggroup of mules and a pump, now Halliburton is one of the worlds largest distributers of gas pedal and oil products (Halliburton). Halliburton has remained in the forefront in spite of many another(prenominal) legal issues sparring from the Iraqi war because of its fealty to the planning process or what Halliburton likes to call sustainability.
One of the shipway that Halliburton has remained successful is by continuing to be one of the largest contributors to the countries in which it occupies. One of the factors in planning is deciding corporate and caper strategy. Halliburton achieves this and many other factors by being the leader in supplier diversity, and remaining accountable to their employees, suppliers, clients, and governments in every unsophisticated in which they operate. Halliburton anticipates the future by partnering with other industry leadership to create sustainable energy solutions. Those solutions include contributing to a cleaner environment, and the development of unconventional resources to satisfy the demand for oil. (Halliburton)
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