(240)-343-2585

Victoria Oilfield Equipment is a supplier of drilling equipment Need more help! Victoria Oilfield Equipment is a supplier of drilling equipment for oil and gas exploration. Its headquarters is located near Houston, Texas. The company has seven offices and warehousing facilities near potential markets for its equipment. Only 30 percent of Victoria’s profits come from selling equipment; the rest comes from leasing. Within the leasing operations, half the profit comes from supplying operators for the equipment. Victoria has over 25 years of experience in Texas and Louisiana and 10 years of experience in several Latin American countries. Most of its customers are large multinational oil companies. However, approximately 20 percent of its contracts are with small, independent exploration companies. Victoria has just completed construction of a new facility near Port Harcout, Nigeria, – its first venture into Africa. The machinery, trucks, and equipment to operate this facility are to arrive within the next three months. You are the assistant personnel officer in Victoria, and you have been instructed to review the records of the three leading candidates for manager of this new facility. You must recommend one of the three to your boss, the human resources director. Before you examine the records, you make a list of factors that you believe should be taken into consideration: Factors to Take into Consideration 1. General criteria: education, experience, job knowledge, desire, and stability. 2. The Nigerian facility will be in the startup phase. 3. Victoria wants to develop some of its current managers in international operations. 4. Few Nigerians have experience in the technical aspects of drilling for oil, yet Victoria has built its reputation on the expertise of its managers and customer acceptance of its managers as knowledgeable professionals. 5. Although some of Victoria’s managers have had experience in Latin America, none have had experience in Africa. 6. Political power within the Nigerian government shifts periodically, and many of those with whom Victoria negotiated its move into Nigeria are no longer in the government. 7. The supply of trained oil-drilling equipment operators in Nigeria is much less than the demand. Henry Smith: Age 34, U.S. citizen, graduate of Texas A&M, served 3 years in the Army and then joined Victoria. In his 10 years with Victoria, his record has been outstanding, and it is often said that he will be president of Victoria someday. He has never been outside of the United States. Juan Lopez: Age 46, Venezuelan citizen, has been with Victoria for 21 years and worked his way up in several offices in Latin America. He spent 2 years in company headquarters planning operations in Latin America and is well respected throughout the company. He currently manages Victoria’s facility in Ecuador. Matthew Ohwueme: Age 52, Nigerian citizen, educated in England, member of the Ibo ethnic group. He is the owner/manager of the largest Honda dealership in Lagos but has had no experience with oilfield equipment. Questions: 1. Would it be best for Victoria to select a manager who is a local (citizen of Nigeria) or a third-country national (citizen of some country other than Nigeria or the United States)? 2. Which of the factors to be considered would favor the selection of Henry Smith? Juan Lopez? Matthew Ohwueme? 3. Which candidate would you recommend? Why? Students also viewed these Organizational Behavior questions The Pampa Oil Company op-erates oil and gas exploration throughout the panhandle The Pampa Oil Company op-erates oil and gas exploration throughout the panhandle of Texas. The…… … interest is currently 5%, and the forward price of oil one year in the future is now trading at $ 40 a barrel. Is the option to delay development of the property valuable? You may assume a zero… The Bcchtal Tire Company (BTC) is a supplier of automotive tires for The Bcchtal Tire Company (BTC) is a supplier of automotive tires for U.S. car companies. BTC has…… … predict for each quarter from 1986Q3 through 2007Q4, along with a forecast for 2008. If actual sales for 2008 were Ql = 1,445.1, Q2 = 1,683.8, Q3 = 1,586.6, and Q4 = 1,421.3, what RMSE would… For oil and gas companies, there is the potential for a significant For oil and gas companies, there is the potential for a significant difference between the reported income and cash flows from operations. Comment. The Bechtal Tire Company (BTC) is a supplier of automotive tires for The Bechtal Tire Company (BTC) is a supplier of automotive tires for U.S. car companies. BTC has…… … actual sales for 2017 were Q1 = 1,445.1, Q2 = 1,683.8, Q3 = 1,586.6, and Q4 = 1,421.3, what MAPE would result from your 2017 forecast? How does this MAPE compare to the MAPE Forecats X™… The Sky Ranch is a supplier of aircraft parts. Included in stock The Sky Ranch is a supplier of aircraft parts. Included in stock are eight altimeters that are…… … altimeters that are correctly calibrated and two that are not. Three altimeters are randomly selected without replacement. Let the random variable x represent the number that are not correctly… In recent years, many countries have moved from planned economies to market In recent years, many countries have moved from planned economies to market economies. Why do you think this has occurred? Can you envision a situation that would cause a resurgence of planned economies? Show the result of each of the sample queries in Section 8.5 Show the result of each of the sample queries in Section 8.5 as it would apply to the database state in Figure 5.6. Figure 5.6 Zeus Optical is a specialist manufacturer of optical instruments. Zeus has recently Zeus Optical is a specialist manufacturer of optical instruments. Zeus has recently expanded its…… … profit margins, what actions would you recommend for Zeuss management.e. How could you further improve the accuracy of reported product costs, using the ABC system? Be sure to indicate the… (a) ANALYSE THE VARIOUS GROUNDS FOR TERMINATING AN EMPLOYMENT CONTRACT and CRITICALLY (a) ANALYSE THE VARIOUS GROUNDS FOR TERMINATING AN EMPLOYMENT CONTRACT and CRITICALLY EVALUATE IF THEY ARE BENEFITING THE EMPLOYEE OR EMPLOYER AND WHY. Given the sample records in the CHARTER table shown in Table P6.11, Given the sample records in the CHARTER table shown in Table P6.11, do the following: a. Write the relational schema and draw the dependency diagram for the table structure. Make sure that you label all dependencies. CHAR_PAX indicates the number of passengers carried. The CHAR_MILES entry is based on round-trip miles, including pickup points.b. Decompose the dependency diagram in Problem 11a to create table structures that are all in 3NF and write the relational schema. Make sure that you label all dependencies.c. Draw the Crow’s Foot ERD to reflect the properly decomposed dependency diagrams you created in Problem 11b. Make sure that the ERD yields a database that can track all of the data shown in Problem 11. Show all entities, relationships, connectivities, optionalities, and cardinalities. At the financial statement date of December 31, 2012, the liabilities outstanding At the financial statement date of December 31, 2012, the liabilities outstanding of Packard…… … Instructions: Prepare a partial balance sheet for Packard Corp., showing the manner in which the above liabilities should be presented at December 31, 2012. The liabilities should be properly… An organization’s effectiveness will be influenced by its organizational culture, design and…… An organization’s effectiveness will be influenced by its organizational culture, design and…… … think the future will hold as far as how technology will impact organizations. REAL LIFE APPLICATION: How is the industry impacted by technology? How does technology impact the culture of an… What factors must be taken into consideration in determining the discount rate What factors must be taken into consideration in determining the discount rate used in investment decisions? Fugate Company manufactures expensive watch cases sold as souvenirs. Three of its Fugate Company manufactures expensive watch cases sold as souvenirs. Three of its sales…… … the three departments. Instructions(a) Determine which of the items should be included in the responsibility report for each of the three managers.(b) Compare the actual results with the budget. Decide… Determining Financial Statement Effects of Adjusting Entries (Deferred Accounts)For each of the…… Determining Financial Statement Effects of Adjusting Entries (Deferred Accounts)For each of the…… … each of the transactions in M4-4, indicate the amounts and direction of effects of the adjusting entry on the elements of the balance sheet and income statement. Using the following format,… Why should a functional manager assign his best people to you on Why should a functional manager assign his best people to you on a long-term project? Assume that some of the information relating to Gamma Systems Manufacturing Corporation Assume that some of the information relating to Gamma Systems Manufacturing Corporation has…… … would your valuation estimate change if the sales growth rate had been 5 percent and the discount rate 18 percent?C. How would your valuation estimate change if the perpetuity growth rate had been… 1. Demand is ____on the upper portion of a linear demand curve 1. Demand is ____on the upper portion of a linear demand curve and ____on the lower portion of a…… … Is the current price on the upper or lower portion of the demand curve? b. If you want to increase your total revenue, should you increase or decrease your price? c. Will you move upward or…