Introduction This is a report on the findings of the analytic research on the problem of slow growth of Obsidian petroleum Company. It shows the investigations that were made about the slow growth of the company and the methods that were proposed to handle the problem. The proposed courses of action include Swot-Analysis and quality management and rewarding. These alternatives were evaluated under many criteria; effectiveness‚ creating awareness‚ desirability‚ credibility and responsiveness.
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| Operation Ajax | The 1953 Coup in Iran | | | In 1953 the Central Intelligence Agency working in tandem with British intelligence overthrew the democratically elected leader of Iran Dr. Mohammad Mossadegh‚ who was educated in the West and pro-America. Shortly after being elected in 1951 he nationalized the British run oil fields‚ denying Britain control of Iran’s hugely lucrative oil infrastructure. The operation included the use of techniques such as; propaganda‚ bribery‚ engineered
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VINAND PETROLEUM CASE Financial statements could be examined with varied degrees‚ as part of the client acceptance procedures Paige CPA got to perform a horizontal and vertical analysis‚ and financial ratio analysis of Vinand Petroleum financial statements. These procedures are not as in depth as other procedures used by auditors on financial statements‚ but these procedures may show areas of concern for auditors. From 2006 to 2007‚ Vinand’s long term debt tripled and its interest expense paid for
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specialized in petroleum engineering. Therefore I submit my application for the position of MSc Degree in Petroleum Geoscience for Reservoir Development and Production‚ University of Manchester. I am confident that I have the technical qualifications to meet the course requirements as I strongly believe by completing this course will serve my goal of a career in Oil and Gas industry or involved in research oriented organization. I have completed a four years Degree of engineering in Petroleum at UTM and
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Petroleum is an oily‚ thick flammable liquid‚ a mixture of various solid‚ liquid and gaseous hydrocarbons. Hydrocarbons are molecules that comprise of Hydrogen and Carbon. Petroleum is the general term for "unprocessed" crude oil. It is present beneath the Earth’s surface (Lithosphere) and forms when trapped‚ decomposed dead organisms buried in the sedimentary rock‚ and are heated under the immense pressure of new sedimentary layers over time (fossil fuel). The heat and pressure distilled the organic
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Traumatic Stress Disorder. It would probably be helpful for soldiers suffering from this condition to see through works of art that they are not alone. Early in Ajax Athena describes to Odysseus how the great warrior Ajax was reduced to a frenzied killer. Odysseus asks‚ “And imagined he was killing Greeks? (page 6‚ Ajax)” To a modern reader‚ Ajax appears to be suffering from PTSD. Although a modern soldier cannot rely on Athena using her magic to prevent the soldiers from going on a rampage‚ however‚
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Phillips Petroleum Case Study Prepared by For Professor C.E. Reese in partial fulfillment of the requirements for ACC 502- Advanced Auditing School of Business/ Graduate Studies St. Thomas University Miami Gardens‚ Fla. Term A1/Spring 2014 February 17‚ 2014 Table of Contents Issues……………………………………………………………….Page 3-4 Facts………………………………………………………………..Page 4-5 Analysis/ Authority………………………………………………...Page 5-8 Conclusions/ Recommendation…………………………………….Page 8 References…………………………………………………………
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valuation Valuing MW Acquisition by using APV method assumes in practice that exploiting of all MW’s reserves is certain and happens right after the acquisition. In other words‚ the APV method excludes the flexibility in future decision making. In this case‚ Apache has both an option to defer the exploiting of reserves into future and Apache may also choose not to exploit the MW reserves at all. As some of MW’s reserves are actually real options‚ the APV valuation method actually underestimates the
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Penn West Petroleum Penn West Petroleum (PWE) has been going through a lean patch since long. Even before the most recent oil price collapse started last year‚ Penn West was in trouble. Its balance sheet has been laden with debt as a result of some grave acquisition mistakes that it made in 2008. Now‚ the company is left with the sole option of selling off some its assets to reduce that debt burden. But it is not going to get a fair price for those assets in the current environment. Consequently
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In this final project paper‚ I am going to compile all of the topics that we have been discussing and deliberating on all this term. Moreover‚ I am going discuss and evaluates the Ajax Foods scenario and in module One content by Putting myself into the shoes of the CEO for Ajax Foods. What is the most important question you need to have answered before you spend thousands of dollars on the launch of a new product? In an arena that is as competitive as the food industry today‚ most companies are always
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