Term Assignment1 4-27 - 3. As management we must be...

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Professor Havens BUS 131 27 April 2009 Term Assignment (Chevron Corp.) 1. Despite predictions oil prices have been able to stay stable, but some experts are still expecting another decrease in the price of a barrel. 2. This article relates to the demand and demand trends of the situational analysis in that it has to do with the future demand for oil.
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Unformatted text preview: 3. As management we must be prepared for this potential decrease by cutting production and cutting costs. 4. If the experts are right about the potential decrease in price of crude oil we could expect a medium loss impact on our revenues of $13.79 billion, since a decrease in demand means less product we sell....
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This note was uploaded on 09/08/2010 for the course BUS 131B at San Jose State University .

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