3. Methodology
The three types of Delphi technique’s mentioned above in application can be defined as follows. The first type of Delphi is called the classical Delphi and is characterised by Skulmoski et al., (2007, P.2) with the following features:
a. Anonymity of participants; allows free expression of opinions and feedback is motivated by individual experiences rather than expectations from industry groups.
b. Iteration; allows the participants to refine their views in comparison with the panellists without losing credibility.
c. Feedback; Informs the participants of the other participants perspectives thereby providing an opportunity for Delphi participants to clarify and change their views (Skulmoski, Hartman, and Krahn, 2007, P.3).
d. Statistical
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The Second type of Delphi is called a Policy Delphi which intends to achieve stability in responses among those whose expert opinions have considerable impact on current industry trends, while building on policy alternatives using a system of public discussion. Nonetheless, the purpose of the present study could be considered instrumental when developing policies within government departments, agencies, institutions, and also within large companies or organisations; by promoting participation from opposing opinions especially with stakeholders. Similar to the “Classical” Delphi a “Policy” Delphi is characterised by selective anonymity; iteration, controlled feedback, polarised group response and structured conflict (Hanafin, 2004, P.6). The third type of Delphi is the “Decision” Delphi which is mostly applied when conducting social science investigations. Besides, this enquiry system is centred on a group of decision makers rather than from ad hoc decisions of a small number of people (ibid). Moreover, the construction of a panel in a “Decision” Delphi technique rely on the opinion of a cluster of decision makers rather than a collection of people …show more content…
Similarly, the theoretical frameworks identified pertaining to the study area were demand variability, vertical integration, and process orientation. In addition, Nigeria as a major crude oil exporter amongst others in the African continent has predominately depended on the resource base of multinational oil companies (MNOC’s) to sustain efficiency in export distribution. Moreover, notable audits on distribution efficiency have not been well documented by Nigerian National Petroleum Company (NNPC), and oil interest groups. Therefore, the gap in between the distribution efficiencies found in the Persian Gulf in comparison with Nigerian oil distribution has encouraged further investigations into root causes by applying a Delphi technique to gather a consensus of opinions relying on the theoretical implications mentioned above.
Initially, research questions were developed to further understand underlying industry observations or heuristics established from planning the theoretical framework. In addition, the literature review also assisted in determining key issues relevant to oil exportation from Nigerian upstream ports and Jetties, incorporating the observed and investigated theoretical gaps. Furthermore, these theoretical gaps were utilized to develop the main research question;
“How do we synthesise
...Middle East continues to play a major factor in fluctuating fuel prices which directly impact the cost of doing business. “Throughput” should be based on the customer’s demand in the order fulfillment process with an overarching focus on quality (SCM, 2014).
In 2004, crude oil producers around the world expected a 1.5% growth in the world’s demand for crude oil. The actual growth rate was more than double the projections at 3.3%. This growth was due to rapidly industrializing of foreign countries such as, China and India. Therefore the lack of crude oil affected the supply of gasoline to consumers at the pump.
This step includes gathering facts before trying to figure out the solution to the issues or possible future issues. This is a very important step when making important business decision...
"Oil Imports and Exports - Energy Explained, Your Guide To Understanding Energy." Web. 26 May 2011. .
The modern world of today runs on fossil fuels with crude oil being the live blood of industrialized countries. Though much of the twentieth century old was plentiful easily acquired and low in cost it has only been in the past thirty years that we have seen oil prices rise substantially. This can be attributed to many different reason. These price changes have challenged the industrialized world to become more creative with their techniques of both acquiring oil and using it.
Gives students a framework for evaluating both sides of an issue or question. Students are encouraged to process opposing evidence and information before asserting viewpoints, giving them an opportunity to refine their thinking.
In Feedback as a gift, Friedrich discusses his points on how feedback should be viewed. The author describes feedback as a gift and if we view it that way it would change our mindsets when receiving it. On another note the article by Stone and Heen, Difficult conversations 2.0: Thanks for the feedback, the main focus is on the benefits we receive from accepting feedback and becoming a skillful receiver. The author also discusses why we as humans reject feedback calling these reactions triggers. In Max Performance Feedback, Sadri and Seto discuss the three different types of feedback. Each articles content is crucial to one’s professional development.
This industry plays a crucial role for the survival of mankind on this earth. It is tough to imagine life without the products of oil and gas companies. The ExxonMobil is one of the largest companies in the oil and gas industry. This company had experienced ups and own in its journey from beginning till now. In order to understand the Oil and Gas Industry, we’ll need to look at the Strengths Weaknesses Opportunities and Threats (SWOT) analysis for integrated oil companies (IOCs), as well as a competitor’s analysis of ExxonMobil in order to provide recommendations for both IOCs and ExxonMobil. The case study “Oil and Gas Industry,” by Andrew Inkpen, discusses and predicts that there is still a need for the demand for oil and gas for the next few decades, despite the pressure to develop nonhydrocarbon energy sources that are currently being sources and used in hybrid vehicles (Pearce & Robinson,
Feedback is a way to let people know how effective they are in what they are trying to accomplish, or how they affect you. It provides a way for people to learn how they affect the world around them, and it helps us to become more effective. If we know how other people see us, we can overcome problems in how we communicate and interact with them. Of course, there are two sides to it: giving feedback, and receiving it.
Production of crude oil is set to begin in 2020. As a result, I conducted a research under the supervision of my supervisor to determine the impact of the oil production on traffic in the area using other oil producing countries such as Ghana, Nigeria and Angola as case studies. The research was successful and the report has hence been submitted to the client.
It is more focuses on the process instead of the individual. It acknowledges both internal and external customers, It helps to improve the need for objective data to analyze and the processes.
Hattie, J., & Timperley, H. (2007). The power of feedback. Review of Educational Research, 77(1), 81-112.
The recent drop in the prices of crude oil has drawn everyone’s attention towards the crucial role that oil plays in the economy
In this paper, I will be primarily focusing on the importance of feedback in learning. Practise is important to achieve goals but it cannot act alone, in order for a student to accomplish his/her goals he/she needs to practise; while practising it is important to receive feedback. By the end of this paper, I will try to prove why “Feedback is so important in learning”?
Public participation relieve doubt that citizen's offerings will affect the policy process. It is of the assumption that a person who will be impinged by a decision, has the right to be associated in decision making.