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NCUEIR > College of Management > Department of Business Administration > Periodical Articles > Item 987654321/11255

Please use this identifier to cite or link to this item: http://ir.ncue.edu.tw/ir/handle/987654321/11255

Title:	The SEEDS of oil price fluctuations: A management perspective
Authors:	Chang, Shih-Chi
Contributors:	企業管理系
Keywords:	SEEDS;Oil price;Price fluctuation
Date:	2010-07
Issue Date:	2012-06-05T09:01:16Z
Abstract:	In view of unreasonable oil price fluctuations, this paper reviews past researches to propose a SEEDS framework to analyze the forces that influence oil price fluctuations. The SEEDS framework discusses oil price fluctuations from the supply side, environmental protection side, economic side, demand side and substitute side. According to SEEDS, we believe the rapid increase in oil price is not good for both net oil exporters and net oil importers. Of course, nobody doubts that crude oil reserves are limited. We also believe that oil prices would continuously increase, but not double or triple within one year. The global economy cannot endure sharp increase in manufacturing costs and product prices. This would reduce consumption and production at the same time, followed shortly by financial market crisis. Recognizing the symbiosis of net oil exporters and net oil importers is very important; we believe that this framework will help people understand that rapid increases in oil price are dangerous to world economics. The SEEDS framework can also be applied to analyze the price fluctuations of bulk commodities.
Relation:	African Journal of Business Management, 4(7): 1390-1394
Appears in Collections:	[Department of Business Administration] Periodical Articles

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