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A network of fishermen is now trained and paid by the oil industry to respond if another disaster strikes.
"A merger between Glencore and Xstrata offers a unique opportunity to create a new business model in our industry to respond to a changing environment," Mr. Davis told analysts on Tuesday.
Horror stories of people forced to work for no pay for years at a time in the production chain of seafood sold by major retailers in Europe and the US have forced the industry to respond.
The containment system developed by the industry to respond to another blowout has not been tested in real-life conditions and, by the industry's own estimate, could still allow hundreds of thousands of barrels of oil to spew before a runaway well could be capped.
Redundant safety systems are commonly used in the process industry to respond to hazardous events.
The study shows that diversified retail formats and multiple equilibria are important ways for the retail industry to respond to consumer attributes in the post-Fordism Era.
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It also calls for a rethink in the next round of research funding to allow universities at the forefront of teaching and research in the creative industries to respond quickly to changing needs and emerging markets.
As a result, healthcare organizations are aligning and integrating their care processes horizontally and have started to adopt many of the management principles and techniques that originate from the manufacturing and service industries to respond to and meet the modern healthcare market demands [ 6- 8].
C1 Price Cuts Shake Up Industry Universal Music Group's decision to slash the prices of its CD's left the industry scrambling to respond.
[Page C6.] CD Industry Responds to Price Cut Universal Music's decision to lower the prices of its CD's and its promotional subsidies to stores left the rest of the music industry scrambling to respond, and debating whether the effects would help or hurt struggling music stores.
The industry declined to respond directly but argued that significant emissions reductions could be achieved by improving the efficiency of coal-fired plants using "high efficiency" coal.
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