Identify four different enterprise risks

Reference no: EM132190045

Question - In the scenario below, identify 4 different Enterprise Risks that you would face if you went through with the transaction. Explain how each risk is involved and how you might mitigate or lower that specific risk.

You have the opportunity to buy 2 million barrels of crude oil from the National Venezuelan Oil Company. The current Brent oil price is $55 per barrel. The Venezuelans are offering a price of $50 per barrel but the oil must be paid for today, October 11th. The oil will be available on October 14th. The terms are "Free on Board" which means you will receive title to the oil when it is loaded on October 14th and you must pay for the transportation. You do not have an immediate buyer in the United States but are willing to purchase the oil at a discount today. It will take 16 days to sail to the port of Galveston, TX. The oil is scheduled to arrive on November 1st. On October 20th, you enter into an agreement to sell the 2 million barrels to Marathon Oil for a price of $54 a barrel. However, they will not take delivery and pay until November 5th.

Reference no: EM132190045

Questions Cloud

Show the new fsm with the extra control signals : Show the new FSM with the extra control signals needed (along with the original ones) with the RTL specified for each state (except those that a purely NOP).

Develop power presentation based on the articles : As a group, present a discussion of your learning outcomes from the article review. Present your learning outcomes using power points.

How do you justify the claim that information is property : Defend the Lockean justifications of intellectual property. How do you justify the claim that information is property?

Estimated standard error for the difference : What is the estimated standard error for the difference between the two means?

Identify four different enterprise risks : Question - In the scenario below, identify 4 different Enterprise Risks that you would face if you went through with the transaction

Write a comprehensive summary of the articles : As a term, write a comprehensive summary of the articles. Present a discussion of what your team learned from this exercise.

What is the probability of a person having cancer : What is the probability of a person having cancer given that the test does not indicate cancer? Round the probabilities to four decimal places.

What is the national software reference library : What is The National Software Reference Library (NSRL) and how can it be effectively utilized for forensic investigations?

Explain larger themes and significant events : R emember, your Diary Study is both a typed, reflective account of your Diary Entries (turned in separately on GoogleClassroom).

User Account

All Pages