case Study From Saga to Proton - 1994 Words

ACC 4291 INTEGRATED CASE STUDY SECTION 1 CASE REPORT CASE 3: PROTON – FROM SAGA TO EXORA Question 1 From a financial analyst perspective, has the proton management done a good job? Based on the financial performance of PROTON from 2005 till 2009, our observation from a financial analysis perspective showed that Proton management has not done a good job as far as financial performance is concern. The Key Financial Indicators (KFIs) covers measurements such as basic earnings per share, net assets per share; dividend paid as well as retained earnings carried forward. At a glimpse, almost all the KPI of Proton shows decrement throughout the years. Basic earnings per share (EPS) fluctuated vastly from 2005 to 2009. Proton recorded highest†¦show more content†¦On its own, PROTON has limited funds for research and development. Therefore collaborating with bigger automotive players lend research and development (RD) capabilities would be very beneficial, particularly in production of hybrid and electrical vehicles. Question 3 What broad consideration should determine the part of proton that are worth keeping and developing and matter of operation needs to be relocated or closed down? Proton needs to reconstruct its business structure by forgoing some part of business which are not worth keeping and expand those activities which generates ample profit. After analyzing Protons overall condition, firstly, the partnership with Lotus has helped Proton in strengthening the engineering, providing Proton an edge in Europe. Since Lotus is a British company that builds sports car, they have very well developed motor engineering technology which might be a gold opportunity for Proton to move forward and create more elegant and high-performance car models. In, Lotus even appeared in the Paris Auto Show 2010 with five slick looking sport cars. In order to move forward, Proton should seriously invest in RD with its strategic partner Lotus, to strengthen quality which they are unable to do themselves. In order to draw sales, you have to know how to attractShow MoreRelatedProton Supply Chain Challenges7696 Words   |  31 PagesPaper : Proton Supply Chain Challenges Table of Contents 1.0 Company Background 1-4 2.0 Problem Statement 5-7 3.0 Significant of Study 8-10 4.0 Proton Supply Chain Weaknesses 11-18 5.0 Recommendation 19-29 6.0 Conclusion 30 7.0 References 31-32 1.0) Company Background First national car, Proton Saga project was formed embark from the Look East Policy. Perusahaan Otomobil Nasional Sendirian Berhad (PROTON) wasRead MorePEST Analysis of Proton1769 Words   |  8 Pages 1.0 INTRODUCTION: PEST is a study which is apprehensive by describing the exterior of ecological manipulates on a company. 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SEC 10 k paper 221 - 1150 Words

SEC 10- K Paper Acct 221 Lakesha Craft SEC 10-K Paper The first Starbucks coffee shop opened in 1971 in Seattle Washington. The coffee shop was founded by three partners. Jerry Baldwin and Zev Siegl were teachers and Gordon Bowker was a writer. The idea to have a coffee shop came about when a close friend was selling high quality coffee beans and equipment. After a matter of time, the partners decided to purchase the product from the grower. The coffee shop was named after the Nantucket Whaleship first mate from the novel Moby-Dick. In 1982 Howard Schultz joined the company as the Director of Marketing and Retail Operations. He tried to convince the coffee shop partners to expand the business by†¦show more content†¦The need to do a comparative analysis is important in relation Starbucks needs for cash. There are many comparisons that can be made. The first comparison is the Intracompany basis. This method takes the current cash amount and then compared with the last year amount. Industry averages comparisons provide Starbucks with the industry averages of information about other companies. For example, Starbucks can compare their business to the company Seattle’s Best another coffee company. The Intercompany basis helps companies do comparisons with their competitors. For example, Starbucks would look at their competitors like Dunkin Doughnuts for a comparison. There are three main tools of Analysis. The first tool is the horizontal analysis. This method reviews a series of a company’s financial statement data over time period. This helps determine if an increase or decrease in sales. The formula for this method is by taken the current year amount subtract by the base amount divided the base year amount. The second method is the vertical analysis. This method evaluates the financial statement by expressing each as a percent of a base amount. This technique is sometimes called the common size analysis. 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Health and safety issue for contractor company in oil and gas industry Free Essays

ABRSTACT: Exploration and production of petroleum is highly profitable sector, but on the other hand, it is very risky business. Catastrophe in refineries and oil rigs like Mexico II (1983) in the Gulf of Mexico, Pipe Alpha, has totally changed the script of safety procedure and risk assessment. It is evident from the past history, 65 % of disasters resulted due to Human Organizational error. We will write a custom essay sample on Health and safety issue for contractor company in oil and gas industry or any similar topic only for you Order Now That’s why it is highly recommended to the oil operating and contractor companies to identify the risk, potential hazard and consequence of hazardous incident. Health and safety measure are always seems to be an overburden for project, but in reality they are preventing the tragic accident which would be result in damage of assets, loss of valuable human lives, demoralization of team and hazardous environmental impact. In last 35 years of North Sea, average yearly accidental cost is ?200M (except in 1988-1989 cost ?1200 M due to Piper Alpha) and loss of 485 precious human lives (ROYAL INSTITUTION OF NAVAL ARCHITECTS 1991). In this report, we will try to discuss the critical issues of health and safety faced by a contractor company in oil industries. Furthermore, we will try to show what was done wrong in past and will try to suggest how similar incident might be prevented in the future. DISCUSSION: â€Å"Nation have passed away and left no traces, Any history gives the naked cause of it – one single simple reason in all cases; they fell because their people were not fit.†Rudyard Kipling. Unfortunately, the history of the oil and process industry indicates that a lot of incidents are repeated after a lapse of a few years .Because people move and lesson are forgotten. Accidents caused during the following activities are very common, many of them are not resulted in death, serious injury or serious damage – they were near-miss. But they could have had much more serious consequence. We will discuss few of them in detail. Isolation of Equipment. Accident caused by Human Error Entry to Vessel Liquefied Flammable gases Modification Storage Tanks Stacks Leaks Pipe and Vessel Failure Hazard of Common Material I don’t know that (Like Ammonia can explode, Hydraulic pressure can be hazardous, Diesel engines can ignite leaks. 1. Isolation of Equipment: Case I: Three people were killed and the plant was destroyed during a pump repair. Dismantling was done to repair the pump. When the cover was removed, hot oil, which is above its ignition temperature, came out and caught fire. From several days, a pump was waiting for repair work and work permit was issued. On the day of accident, the foreman who issued the permit should check the drain valve should be opened and suction delivery valves were shut. But suction valve was opened and drain valve was closed by someone. Maintenance team only intend to change the pump bearing and they decide to open the pump and inform the process team but no further checks and isolation was done. It is not habitual in company concerned to isolate the equipment under repair by slip plate, only by close valves. Similarly, failure in permit to work procedure was the major reason for the disasters of Piper Alpha. Recommendations: Permit to work will be withdrawal and new one is issued, if there is any change in the nature of work. Isolation of equipment must be done when it is under repair. Bleed valve and double blocks must be installed, where fluid at having gauge pressure above 600 psi or temperature above or near auto-ignition point. 2. Accident caused by Human Error: Case I: (Warning Ignored) During the working shift, it had been noticed by the operator that the level of fluid in tank is falling rapidly. He informed the instrument department that the level gauge is not working properly. After few hours, when they were changing the gauge, they found that the previous gauge was correct and there was a leaking in the drain valve. But it is quite late and they has been lost 10 ton of material. Case II: (High Temperature Alarm) After a modification pump was installed, it was used to transfer some liquid. When the transfer of liquid completed, operator pressed the switch off button, he saw the pump is â€Å"running off† light went out. After a several hours, high temperature alarm of pump sounded. Operator supposed that there was a fault in alarm and he ignored it. Soon afterward, there was a huge explosion in the pump. During the modification of pump, an error in the circuit was introduced and stop button was not working properly. Recommendations: Proper training should be given to the operators; they must take a necessary action upon unusual reading. Always respond to alarm. They might be correct. Training should be emphasis the importance of alarm. In record sheet, control limit must be defined. 3. Entry to Vessel Many incident have been happened which killed no of peoples because they entered inside the vessel or any other confined space which had not been thoroughly cleaned or tested. Case I: (Unauthorized Entry) Contractors mostly unfamiliar with the operating companies rule, have frequently got into the vessel without authority. A contractor foreman entered in a vessel which was opened and disconnected, setup for entry, but it was not yet tested. The foreman was estimating the cost of cleaning, he supposed that there was no need of permit for entering the tank just for inspection and got affected by the gas. Similarly an incident happened during the lunch time, a process foreman was taking a last look of vessel before boxed up. There was an old gas mask lying on the floor, he decided to go and remove it. While going inside he slipped from the ladder and fell and was knocked. His tongue blocked his throat and he suffocated. Case II: (Entry into vessel with Irrespirable Atmosphere) A contractor entered in the combustion chamber of a gas plant watched by two standby men but without waiting for the breathing apparatus to arrive. He lost consciousness halfway up when he was climbing out of the chamber. He was hanging between the chamber wall and the ladder. Rest of the men could not pull him out with lifeline. One of the men reached to the person without breathing apparatus and he also lost consciousness. Both of them were rescued, but standby man was died by this time. Case III: Vessel was generally split up into two halves by a baffle which had to be removed. The vessel was cleaned out, inspected, and a permit issued for a worker to enter the left hand side of the vessel to burn out the baffle. It not possible to see on the right hand side of the vessel but as the left hand side of the vessel was clean and because no combustible gas was detected it was assumed that the other half was also clean. While the welder was in the vessel, some deposited in the right hand half caught fire. The Welder came out side without a sever injury but wounded himself in his rush. Recommendations: Vessel should assume to contain hazardous material, if a portion of the vessel can not be tested and it seems to be safe. Only gas test are not enough. When the vessel will be heated or disturbed it may produce gas which was present in the sludge. For any addition work inside the vessel, new work permit for confined space should be issued. People should now put their head inside the vessel unless entry has been authorized. Manhole should be covered with barrier if the vessel is opened but entry is not yet authorized. Rescue person should be available at the spot with necessary equipment. Always use breathing apparatuses before entering the vessel. Do not relay on contractor reading rule, just follow the safety procedure of operating company. 4. Liquefied Flammable Gases: Case I: (Fire and exploration at processing plant at Mexico City) November 1984, there was a worse incident at processing plant (LPG-actually Propane 20 % and Butane 80%) in San Juanico, Mexico. About 542 people were died, 4,248 were injured and 10,000 become homeless. The main cause was the rupturing of 8 inch line. During investigation it was revelled that the tank was overfilled and the inlet pipeline was overpressure. It is not known why the pressure relief valve was not lifted. The gas was spread in the area of 200m by 150 m before it caught fire. Most of the people got killed and injured are pubic, who were living near the plant. Recommendations: There was not gas detector in this area. This should be present. Plant was at congested place about 160 m away from town. It is recommended that for LPG plant it should be 600 m away from the town. There was no fire insulation on equipments. Vessels and tank should be fire insulated. The water deluge system was inadequate. 5. Modification: Many accidents have happened just because modifications were carried out in plant and these modifications were not fulfilling the safety criteria. Case I: A reactor was cooled by a providing of brine to the jacket. There was a repair work in brine system and it was to be shutdown so water from town was used instead. This town water pressure (130 psi gauge pressure) was more than that of brine, so the reactor collapsed. Before the modification, a modification approval form was approved which had twenty important questions. But this form was filled as a formality. Recommendations: Before modification, however inexpensive, temporary or permanent, is made to a plant or process or to a safety procedure, it should be authorized in writing by a manager and an engineer. They manager and engineering who authorized modification can not be expected to stare the drawing and hope that the consequence will be show up. They must provided with an aid such as a lost of questions to be answered. The foreman should not be authorized to make any modifications at field work. We have discussed few of the above critical issues which are very important for a contractor company to work in oil and gas industry. Furthermore, critical issues of a plant are also indicated in logical tree analysis in figure 1. CONCLUSION: The purpose of this report is to indicate the safety issues for a contractor company in oil and gas industries. The purpose of giving the cases and recommendation is to understand what they had done wrong in the past and to advise how similar disaster might be prevented in the future. After reading this report just analysis your plant, are you doing the same wrong thing which people did and resulted in disastersDevelopment of a safety culture is necessary, culture which would be committed with safety; safe work practise would be encourage and people do insist for safe work for every one, their attitude must be toward safe work practise. Leadership and top management should have to set a meaningful safety program by providing sufficient training and experience. Moreover, communication played a significant role; proper training and safety induction should be given to supervisor level, so that the correct information should be transmitted to them. Figure no. 1 Logic Tree Analysis Reference: The integration of Quantitative Risk Assessment and Reliability centered Maintenance to optimize platform Design and Operations by R.M Marshell, S.T.Maher, P.R. Stevenson B.C.Morris How to cite Health and safety issue for contractor company in oil and gas industry, Essay examples

Pakistan and India free essay sample

The importance of the Indian Empire to Britain: politically, commercially and culturally. British rule in India, c1900-14 and its impact on Indians and the British living in India; the Morley-Minto reforms. a) SpecHow far do Sources 8, 9 and 10 suggest that in the early twentieth century the British Raj was an oppressive regime? Jan 09How far do these sources suggest that the aim of British rule in India was to ‘elevate’ the Indian people (Source 9, line 1)? Jan 10How far do Sources 10, 11 and 12 suggest that British rule in India, in the years before the outbreak of the First World War in 1914, was based on the respect and support of the Indian people? Jan 11How far do sources 10, 11 and 12 suggest that, in the years 1900-20, Indian nationalism and the desire for constitutional change were confined to an educated elite? Jan 12How far do the sources suggest that, in the years before the First World War, Indian people resented the influence of the Raj? b) Jan 09 Do you agree with the view that the emergence of militant nationalism in India in the years before the First World War was fuelled mainly by Lord Curzon’s ‘rejection of the privileged few’ (Source 14, line 33)? Jan 10Do you agree with the view that Indian desires for independence from Britain were caused mainly by the impact of the First World War? The significance of the First World War on the relationship between Britain and India: the impact of the Rowlatt Acts and the Amritsar Massacre on Britain and India; consultation and conflict in the 1920s and 1930s. The rise of nationalism in India: development of Congress and growing importance of the Muslim League; Gandhi, Nehru and Jinnah to 1939; attitudes towards nationalist ideas and independence both among the British in India and the indigenous populations. a) Jun 09How far does the evidence of Sources 11 and 12 support the judgement of the Hunter Committee presented in Source 10? Jun 11How far do Sources 10, 11 and 12 suggest that the Amritsar Massacre created widespread and long-lasting hostility among Indians towards British rule? b) SpecDo you agree with the view that, in the 1930s, the most significant obstacle to Indian self-government was the Indians themselves? Jan 09Do you agree with the view that, by 1940, the main obstacle to Indian independence was not British imperialism, but the divisions within India? Jun 09Do you agree with the view that the progress that had been made towards Indian independence by 1939 owed little to the methods and leadership provided by Gandhi? Jan 10Do you agree with the view that Indian desires for independence from Britain were caused mainly by the impact of the First World War? Jun 10Do you agree with the view that, in the years 1919–39, the British worked consistently to create a peaceful, self-governing India? Jun 10Do you agree with the view that, in the years 1900–47, British attitudes towards Indian independence were dictated mainly by Britain’s economic needs? Jan 11Do you agree with the view that in the years 1900-47, economic development in India was directed by British needs rather than Indian interests? Jan 11Do you agree with the view that, in they years 1900-45, political hostility between Hindus and Muslims in India was created and maintained by British influence? Jun 11Do you agree with the view that Gandhi lacked the political skills required to lead India to independence in the years 1920–45? Jan 12Do you agree with the view that the civil disobedience campaigns in the periods between the two world wars made India ungovernable? Do you agree with the view that, in the period 1900-39, the major hindrance to Indian independence was divisions among the Indian people themselves? Do you agree with the view that in the period 1900-1939 Congress never came close to toppling the Raj? Do you agree with the view that Gandhi was at heart a vain man who wanted Indian freedom on his own term and through his own methods? To what extent did the Government of India Act of 1935 have only limited success because it was an inadequate response to the situation in India in the 1930s? How far were the personal ambitions of Muhammad Ali Jinnah responsible for the demand for a separate Muslim State? How significant was Gandhi’s contribution to the promotion and achievement of Indian Independence in the years 1920–47? The impact of the Second World War; economic and political imperatives in Britain and India driving independence; the role of Mountbatten; the decision to partition and the immediate consequences of that decision. a) Jun 10How far do Sources 10, 11 and 12 suggest that the main responsibility for the failure of the Cabinet Mission of 1946 lay with Mohammed Ali Jinnah and the Muslim League? b) SpecDo you agree with the view that the impact of the Second World War was the main driving force behind the British government’s decision to grant independence to India? Jun 09Do you agree with the view that the violence and brutality associated with the partition of India was mainly the fault of the ‘indecent haste’ with which Britain carried out the last stages of Independence (Source 16, line 42)? Jan 10Do you agree with the view that the Partition of India was caused mainly by the impact of the Second World War? Jun 10Do you agree with the view that, in the years 1900–47, British attitudes towards Indian independence were dictated mainly by Britain’s economic needs? Jan 11Do you agree with the view that in the years 1900-47, economic development in India was directed by British needs rather than Indian interests? Jan 11Do you agree with the view that, in the years 1900-45, political hostility between Hindus and Muslims in India was created and maintained by British influence? Jun 11Do you agree with the view that Gandhi lacked the political skills required to lead India to independence in the years 1920–45? Jun 11Do you agree with the view that the main responsibility for the hasty and violent partition of India in 1947 lay with Lord Mountbatten? Jan 12Do you agree with the view that it was primarily the events in India during the Second World War that brought about the British decision to leave India in 1947? Do you agree with the view that the decision to grant India independence in 1947 was motivated by British self-interest? How far does military power explain Britain’s control of the Indian subcontinent in the years 1918–47?