Quality Assurance & Control in the Procurement Chain (Oil & Gas Dissertation

Quality Assurance & Control in the Procurement Chain (Oil & Gas Industry) - Dissertation ExampleThis concern can be stated as quite vital for the oil and triggerman companies as the products offered by the intentness is termed to be inelastic providing token(prenominal) opportunity to the customers to switch to substitute products (Slocum, 2006). The research study proposed in this physical composition shall emphasise on this medical prognosis of quality assurance and control measures as considered by the oil and gas companies. Further description of this paper will thereby focus on identifying the particulars of the research process intended to be executed. In early(a) words, a comprehensive and detailed outline of the research planning shall be provided in this paper with collectible consideration to the research problem, research questions and the research methodology to be followed in the study. II. Literature Review discordant measures had been considered in concern to t he aspect of quality assurance and control in the oil and gas companies. These embarrass environmental regulations and procurement rules imposed by the government with the intention to standardise the operations of the intentness players. ... Companies should overly intend maintaining a community standard in their operations as directed in the course of instruction (Gao, 1998). In the current day context, gas and oil industry plays a significant role for an economy. The industry nearly contributed 24% to the total GDP earning of the UK in 2008. The industry also witnessed a significant renegade in the investors interest. This in turn significantly enhanced the profitability of major industry players with inelastic consumer train and increase financial strength (UK National Statistics, 2009). However, from an in-depth perspective it can be observed that the taxation charges were increased in the recent years. To be illustrated, the budget planned in 2011 stated a hike in revenu e tax charges from 20% in the prior pecuniary year, i.e. 2010-2011, to 32% in the current fiscal year, i.e. 2011-2012. It is worth mentioning that the UK oil and gas industry was recognised to be one of the most stable industries in comparison to the energy industries of other economies. With strong barriers to the price hike in the industry, the UK government also focused on relatively secure tax regimes that provided the investors in the industry with certainty assurance ( efficiency and Climate neuter Committee Inquiry, 2011). On the similar context, it can be stated that with strict regulatory barriers the oil and gas industry in the UK is likely to face various challenges in maintaining its profit. According to the report forwarded by Energy and Climate Change Committee (2011), there are various challenges likely to be faced by the oil and gas industry in the economy due to the increase in tax charges. For instance, the industry is likely to witness decelerated investment op erations that in turn shall