I have recently received and reviewed your memorandum regarding your issue with the Confined Aquatic Recovery Vehicle project. I have considered three options and their ability to save your company as much money as possible while completing this project in a timely manner. The three alternatives I considered were to immediately invest in hardware, to stay on your current path with the software developments only or to wait and reevaluate your situation in five months. Each of these…show more content… The costs associated with delaying the decision for five months gradually increase but are much lower than investing in hardware for the most part. The point at which the hardware option and delay option intersect is $1,805 (Attachment 3). So, delaying your decision and then reevaluating in five months seems to be the best alternative regarding reputation costs.
Recommendations:
Based on the costs associated with each option and the reputation analysis, I believe your best solution is to continue your software developments and delay the hardware decision for five months. Delaying your decision with save you approximately $30,000 compared to immediately investing in hardware and $210,000 compared to solely investing in software (not taking into consideration the reputation costs). As long as reputation costs stay below $1,805, delaying shows to be the best option again. The benefits of implementing this solution are saving large sums of money and minimizing reputation costs in the event that the project is not completed on time. The risks associated with this solution include the possibility that you waste five months on developing software that turns out to be not up to par and waiting to develop hardware that could be immediately invested in. There is no certain way to predict if the software development will be favorable or unfavorable so basing the EMV on the estimated probabilities can be risky. Regarding reputation costs,
Brazil passed the Clean Companies Act. Under this act, Brazilian and multinational companies operating in Brazil are subject to severe civil and administrative sanctions for bribing domestic or foreign officials. All these regulations have international reach in that they apply to acts committed within the home nation and abroad. Relevance A representative third party might regularly perform many legitimate activities on behalf of an organization that could invoke anti-corruption laws. For…
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subsea facilities and jackets (the steel supporting structures) to shore.1 There is an international, regional and national legal framework governing decommissioning of oil and gas installations within Europe and at the national level in the UK. At the International level, there is the Geneva Convention . There is also the London Convention. The United Nations also sponsored UNCLOS. There are also International Maritime organisation Guidelines. At the regional level (Europe), there is the OSPAR Convention…
Abstract The research paper is an evaluation, appraisal and constructive criticism of the International Aeronautical and Maritime Search and Rescue Manual, Volume III (version 2008). The success of coming up with the paper relates to the completion of three practical lectures at the university of Plymouth simulator. In addition, also a deep investigation assisted in supporting the material of this paper. The practical section of the research involved dividing the class into six groups of three…
ANREU is created carbon units can be obtained through: * Assistance programs which give free units to certain industry groups * Purchasing from the Clean energy Regulator * Created though the carbon farming initiative * Approved international schemes purchased from third parties or secondary markets. At the end of each year, organisations liable under the new act will surrender one carbon unit for every tonne of carbon pollution they have produced in that year. If an organisation…
