Case Analysis 1 - BP and the Gulf of Mexico Oil Spill Case Ying – Chen Lee Hawaii Pacific University 02.12.2013 Case Analysis 1 - BP and the Gulf of Mexico Oil Spill Case Event Review Before the event, the Deepwater Horizon oil spill (also referred to as the BP oil spill, the Gulf of Mexico oil spill, the BP oil disaster or the Macondo blowout), BP was facing a situation where the company was turbulent and needed the new locations and new technology to secure natural resources. The new CEO
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external with their stockholders. The Human Resource plays a major role in organizing and designing well structure organization that will favor the business. With a HR as a strategic partner it will let you know the needs of the company and will analysis the week point in order to improve the company. What benefits do you think the employees derive from this arrangement? There are many benefits that the employees can derive from this arrangement. If the business can decide to expand, which
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Decision-making is no longer based largely on experience, observation and gut feel. Decisions are based on well-organized data, which are analyzed with the help of sophisticated techniques. Inputs coming out of such analyses help managers to mitigate risks and emerge with sound business decisions. Managers today require standard, well-acceptable mathematical tools and techniques to generate, understand and interpret such analyses. For this, a variety of effective and easy-to-learn Quantitative Methods
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case-study of knowledge and decision-making amidst uncertainty (418-19). I pick this time period in particular, because it is when the NRDC and other public interest groups began their campaign in protest against the EPA's decision to not ban Alar. My analysis of the events surrounding Alar will take shape around a critique of Michael Fumento's article "Environmental Hysteria: The Alar Scare," in which he paints the NRDC as "fanatics" launching a "smear campaign" not founded in any rational decision-making
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Safety Management System Risk Matrix Risk Severity Risk Probability 5 – Frequent 4 – Likely Catastrophic A 5A 4A 3A 2A 1A Critical B 5B 4B 3B 2B 1B Moderate C 5C 4C 3C 2C 1C Minor D 5D 4D 3D 2D 1D Negligible E 5E 4E 3E 2E 1E 3 - Occasional 2 – Seldom 1 – Improbable Assessment Risk Index Criteria Accountable Organizations Risk Review Board (RRB) and / or VP Corporate Safety, Security, Quality & Environment Managing Directors and / or Risk Analysis Board (RAB) 5A, 5B,
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course. Student’s Signature: Khanya Clark-Robinson Khanya Clark-Robinson Final Paper Kahneman1, Daniel and Tversky, Amos. (1979). “Prospect Theory: An Analysis of Decision under Risk.” 1. Big Question The big question of this article is how people make decisions under uncertainty of risks and rewards. Decisions under risks assume that a decision can be quantified as a positive or negative outcome with quantifiable probability. This theory was developed for monetary decisions and the
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JPeTodd SECR 5000 Spring-1, 2008 The topic: Information Assurance http://dodcio.defense.gov/policy/infoassurance.shtml This site is near to my area of expertise, as an employee of the DoD, i am constantly reminded that each and every day we defend American in an ever-changing information rich environment. This site talks about the DoDs Chief Information Officer, Teri Takai and here responsibilities, her vision for the organization and the mission he is charged with carrying out. This link
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By analyzing financial statements of ECL, a risk analyst would draw following conclusions i.e.: Risk: In year 2010, company is exposed to liquidity risk. Balance sheet structure of ECL tells us that company has illiquid assets which won’t be able to generate immediate cash funds. Solution: Liquidity condition can be improved by appreciating “cash sales” and discouraging “credit sales”. Risk: Doubled finance cost, and high leverage are resulting negative cash flow; causing ECL
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Final Report on the Investigation of the Macondo Well Blowout Deepwater Horizon Study Group March 1, 2011 The Deepwater Horizon Study Group (DHSG) was formed by members of the Center for Catastrophic Risk Management (CCRM) in May 2010 in response to the blowout of the Macondo well on April 20, 2010. A fundamental premise in the DHSG work is: we look back to understand the why‘s and how‘s of this disaster so we can better understand how best to go forward. The goal of the DHSG work is defining
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operating model contained several flaws. It placed sensitive, high-value-added operations such as research, development, and component manufacturing near its headquarters in Japan. Faced with threats such as intense industry competition, currency risks, very high transportation and utility costs, and extremely high infrastructure costs and high corporate tax rates, Sharp Corporation needs resources in the forms of new methods, technology, and approaches to doing business in the modern world. It is
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