Shell Oil Is Provided as an Example of a Firm

question 4

Multiple Choice

Shell Oil is provided as an example of a firm effectively using scenario planning.In the 1960s,they prepared for a strong OPEC and therefore rising oil prices.What are they now predicting about future energy needs?

• A) Energy needs will continue to grow, spurred by BRIC countries.
• B) In 2025, that 20 percent of our energy will be generated from renewable technologies.
• C) That the Middle East leadership will fracture and oil prices will drop.
• D) In 2025, that 50 percent of our energy will be generated from renewable technologies.

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Definitions:

Hygiene Factor

A term in Herzberg's motivation theory, referring to extrinsic conditions that prevent dissatisfaction but do not necessarily motivate employees.

Herzberg's Motivator-Hygiene Model

A theory in organizational behavior suggesting that certain factors drive job satisfaction (Motivators), while different factors cause dissatisfaction (Hygiene factors) if not present.

SEI Investments

A global provider of investment processing, management, and operations solutions.

Teams Competency

The collective skills, knowledge, and abilities of a team that enable it to perform effectively and achieve its objectives.