What role played by new economic tools in financial planning

Assignment Help Business Management
Reference no: EM13972803

The case of Shell company, the oil giant and pioneer of scenario planning, is given in the link- :https://eds.b.ebscohost.com.ezproxy.myucwest.ca/eds/pdfviewer/pdfviewer?vid=1&sid=5d76d074-702b-4411-81d3-ca339c36b9ed%40sessionmgr198&hid=121 and also in the word version and graphics in separate file in this forum in case you cannot access the EBSCO link.

This gives details regarding the history and development of their planning process through use of this technique. Shell is recognized as pioneer organization to use this scenario planning technique in a big way for developing their strategy which has guided their business over few decades.

Please study the document and give your response to the following :-

Please find out the major milestones in the development stages of scenario planning.

Analyze the background, factors considered, impacts expected to find out the underlying reasons for adopting scenario planning in place of single forecast used earlier by Shell managers.

What roles were played by new economic tools in financial planning to tackle uncertain world which emerged over the years? Also give an account of the uncertainties which required different ways to manage and triggered the concept of scenario planning.

How future scenario of unpredictability was built into Shell planning for business investment with real options in financial evaluation while considering various factors beyond company's control demand.

Give an account of changes enumerated in the study regarding oil and gas prices, demand-supply situation, major shift to clean energy source impacting oil business.

"An important risk companies face is that major shifts in the business environment (e.g., due to changes in the geopolitical landscape, government policies, and industry structure) can make whole investment strategies obsolete." Can you give 3 important examples which are making decision making in Canadian business more unpredictable in recent years.

Reference no: EM13972803

Questions Cloud

Who are the stakeholders in the prawn situation : What economic, legal, ethical and discretionary responsibilities does Walmart have to each of these various stakeholders? What actions (consider collaborate, involve, defend, monitor) Walmart take with each stakeholder?
Determine the amount of self-employment tax : 1. Shawna earns $85,000 as a biologist for Berto Corporation. She also consults with other businesses on compliance with environmental regulations. During the current year, she earns $25,000 in consulting fees. Determine the amount of self-employm..
Management has provided the following cost data : Iadanza Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume.
What is the magnitude of the torque : A uniform door weighs 52.0 N and is 1.1 m wide and 2.4 m high. What is the magnitude of the torque (in N*m) due to the door's own weight about a horizontal axis perpendicular to the door and passing through a corner
What role played by new economic tools in financial planning : How future scenario of unpredictability was built into Shell planning for business investment with real options in financial evaluation while considering various factors beyond company's control demand.
Amount of federal unemployment tax : The state unemployment tax rate is 4%. Audrey has asked you to determine how much federal unemployment tax she is required to pay on Deng's salary. Write Audrey a letter explaining the amount of federal unemployment tax she must pay.
Determine the vertical acceleration of the electron : A uniform electric field of 5.4 N/C is set up between two parallel plates such that the electric field is directed vertically downward and the field outside the plates is zero. Determine the vertical acceleration of the electron
Determine the specified property data at the indicated state : Using the tables for water, determine the specified property data at the indicated states. In each case, locate the state on sketches of the p-u and T-u diagrams.
Problem regarding the tuition by selling stock : Victoria's son needs $5,000 for tuition at the Motown School of Dance. Victoria, who is in the 35% marginal tax rate bracket, intends to pay the tuition by selling stock worth $5,000 that she paid $2,000 for several years ago.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd