Shared Flashcard Set

Details

ENGT- Final
Ch.28-Peoples
33
Business
Undergraduate 2
12/06/2011

Additional Business Flashcards

 


 

Cards

Term
The Shah of Iran
Definition
A man of enormous wealth, power, and pride, and was stepping into pivotal new roles in the Middle East and on the international stage
Term
Prime Minister Harold Wilson
Definition
(1968), in order to “balance payments, announced that Britain would end its defense commitments east of the Suez and remove all military by 1971—also a result of nationalism
Term
The Shah of Iran
Definition
looked to take Britain’s place, which Nixon supported
Term
Robert O. Anderson
Definition
1965, headed the Richfield merged with Atlantic Refining (AROC)
Term
Robert O. Anderson
Definition
• one of the last of the great wildcatters and oil tycoons of the 20th century
Term
Robert O. Anderson
Definition
• 1942 traveled to New Mexico and took over a refinery
Term
Robert O. Anderson
Definition
• moved into exploration and became one of the better known independents in the business
Term
Robert O. Anderson
Definition
• his efforts eventually led him to become the largest individual land owner in the U.S.
Term
Robert O. Anderson
Definition
gave the go ahead for the last well on schedule and began drilling in Spring of 1967—called Prudhoe Bay State No.1
Term
Dr. Armand Hammer
Definition
Chairman of Occidental Petroleum
Term
Dr. Armand Hammer
Definition
“When it comes to deal making, there are very few in the entire 20th century to rival Hammer”—pg 556
Term
Dr. Armand Hammer
Definition
father was one of the founders of the American Communist Party; however, he did not share his father’s socialist tendencies
Term
Dr. Armand Hammer
Definition
traveled to Russia and encouraged to stay to do business under Lenin’s New Economic Policy
Term
Dr. Armand Hammer
Definition
made money through various business deals and was an avid art collector/gallery owner
Term
Dr. Armand Hammer
Definition
in 1956 he invested in oil and bought up a nearly bankrupt company called Occidental
Term
Dr. Armand Hammer
Definition
“a modern Marcus Samuel”—pg 557
Term
Dr. Armand Hammer
Definition
successfully gained concessions in Libya by writing the contract on sheepskin manuscripts and wrapping it in red, black, and green ribbon—Libya’s flag colors
Term
Muammur al-Qaddafi
Definition
leader of a group of radical young officers seeking to take over the weak Libyan government
Term
Muammur al-Qaddafi
Definition
was a born conspirator like Nasser; he intended to make himself not only the leader of, but the very embodiment of the Arab world—pg 559
Term
Muammur al-Qaddafi
Definition
He would plot and campaign endlessly against Israel, Zionism, other Arab states, and the West
Term
Muammur al-Qaddafi
Definition
Equipped with huge oil revenues, he would become banker, sponsor, and paymaster for many terrorist groups around the world
Term
Muammur al-Qaddafi
Definition
Started the Revolutionary Command Council
Term
Deputy Prime Minister Abdel Salaam Ahmed Jalloud
Definition
Negotiations with Hammer were led by him
Term
George Piercy
Definition
Jan 19, the Front Uni, represented by him, the Exxon director responsible for the middle east
Term
Lord Strathalmond
Definition
a lawyer, director of BP, and son of William Fraser.
Term
Jamshid Amouzegar
Definition
Iranian Finance Minister
Term
Zaki Yamani
Definition
Saudi Arabian Oil Minister
Term
Saadoun Hammadi
Definition
Iraq Oil Minister
Term
The Shah of Iran
Definition
received the rights to own and operate a portion of the National Iranian Oil Company; something no other country had
Term
James Placke
Definition
American diplomat who had been an economic officer at the U.S embassy in Baghdad a decade earlier, when OPEC was formed
Term
James Placke
Definition
1970s petroleum officer in the U.S. embassy in Tripoli
Term
James Placke
Definition
believed the international petroleum order had been changed for good
Term
James Placke
Definition
believed the U.S. and its allies along with the oil industry were simply unprepared intellectually and politically to deal with the changed balance of power in the petroleum situation—page 569
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