Why do you think rig workers ignored the red flags

Assignment Help Finance Basics
Reference no: EM132740986

Review Three Types of Controls.Your AssignmentFirst, watch the 60 MinutesNext, answer the following questions:

Segment, "The Blowout": on YouTube

Assume that drilling the well is the activity being controlled. Provide two examples of feedforward controls and two examples of concurrent controls from the video. Were these controls successful in anticipating/correcting problems?

Why do you think rig workers ignored the red flags?

Once the blowout occurred, how effective were BP's feedback controls? In other words, how successful was BP in stopping the flow of oil?

Hint: You may need to do some research before answering this question.

What can other organizations learn from BP's mistakes?

Reference no: EM132740986

Questions Cloud

Two primary information security threats facing wal-mart : What would you consider to be the two primary information security threats facing Wal-Mart? What should Wal-Mart do to deal with each of them?
Describe one of the benefits offered to an expatriate : Describe one of the benefits offered to an expatriate that is not included in a domestic compensation package. Use scholarly sources to explain the importance.
Employees accountable for personal and organizational : How can leaders hold health professionals and employees accountable for personal and organizational performance
What are some of line manager biases : What are some of line manager biases about their subordinates that are likely to lead to unfair or inconsistent appraisal outcomes? Give practical examples.
Why do you think rig workers ignored the red flags : Review Three Types of Controls.Your AssignmentFirst, watch the 60 MinutesNext, answer the following questions:
Stage of the business cycle : What stage of the business cycle is Wilson experiencing?
List the stakeholders involved and influence : 1. List the stakeholders involved and their influence. Identify any fundamentals of business or capitalism involved.
How you sought to understand their feelings and thoughts : Affective empathy" refers to the sensations and feelings we get in response to others' emotions; this can include mirroring what that person is feeling
Define decision-making style : Identify the, and describe the dimensions that underlie these styles. Which of these reflects your decision-making style?

Reviews

Write a Review

Finance Basics Questions & Answers

  Exposure to bond price movements

Exposure to Bond Price Movements: -How would a financial institution with a large bond portfolio be affected by falling interest rates?

  Explain problems for decision-making

Explain why not separating the figures into those relating to personal or business aspects may cause problems for decision-making.

  What affect their behaviour and emotions can have on others

As a team member, what can an individual do to assist their team mates to understand what affect their behaviour and emotions can have on others in the workplac

  What is the dividend yield

The dividend is expected to grow at 2.88% each year. If the stock is currently selling for $26.35, what is the dividend yield?

  Impact the firm net income-total dollar return

Determine how the new capital structure would impact the firm's net income, total dollar return to investors, and ROE?

  What factors might be considered by financial market

What factors might be considered by financial market participants who are assessing whether an increase in money supply growth will affect inflation?

  Ordinary annuity for comparable rate of return

Hank made payments of $228 per month for 30 years to purchase property. He promptly sold it for $222,144. What annual interest rate would he need to earn on an ordinary annuity for a comparable rate of return? (round to the nearest hundredth as..

  How much is stevens employment package worth

Steven earns $25,000 a yar. he receives 1 week of paid vacation, 2 personal days & 3 sick days. his insurance is valued at $5,000. how much is stevens employment package worth?

  What are some of the reasons why firms merge with other firm

What are some of the reasons why firms merge with other firms?- What methods do financial analysts use to value merger candidates? What are the limitations of each method?

  Compare three entrepreneurs with the approaches

For your original post, compare three entrepreneurs with the approaches that you like the most. Explain who the entrepreneur is, why they are famous

  Spending money to take on a trip to niagara falls

Cheryl wants to have $4,500 in spending money to take on a trip to Niagara Falls in three years.

  Main elements to achieve their entrepreneurial goals

Successful entrepreneurs follow a multi-step process that is based on four main elements to achieve their entrepreneurial goals. A clear understanding of the entrepreneurial process is an important step in understanding the functions of a business..

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