StudentShare solutions
Triangle menu

Final case Analysis for Richardson Drilling - Essay Example

Nobody downloaded yet

Extract of sample
Final case Analysis for Richardson Drilling

After some months, when Jacob took over as the sales person in Latin America, he discovered certain facts by going through files of the earlier sales representatives. The Latin American area under Jacob also included some US territory and when Jacob went over the old reports, he noticed that quite a few US companies had stopped purchasing Richardson equipment; there was no apparent explanation for these customers to have moved away from Richardson. After some enquiry with these clients, Jacob discovered that these companies had suffered accidents, almost seven years back, due to a failed liner from Richardson. However, in spite of the companies complaining to the sales rep and the fact that Richardson’s President had also visited, no corrective measures had been taken.
In all the above three cases sited here, the common factor is that Richardson has taken advantage of the less restrictive rules (compared to US) in other places such as Mexico, Brazil, and other Latin American countries, to bribe, and push substandard supplies, which they would not be able to sell inside the US or to other countries, for example in Europe, who would have strict quality regulations. So, these are ethical issues. Though Jacob had not reacted about the bribes, he was morally upset by the loss of lives and decided to talk to his boss, Hillary; she thanked him for the information but advised him to keep quite till the seven year statute, regarding limitations, was over. As recourse Hillary also said that in case this became known, then Richardson would download the inventory on Venezuela or Brazil where laws were less restrictive. Both these again were ethical issues.
Sometime after, Jacob went to finalize a deal in Mexico with ARMCO; the deal was for $50 million and after it was signed Jacob again bribed an ARMCO person with $50 thousand. Hillary congratulated Jacob and promised him a bonus and a probable promotion. Both of these again raise ethical concerns. While all these ...Show more

Summary

His academic credentials prove his intelligence and knowledge. Immediately after he joined the organization he came to learn that the organization was carrying on certain practices that would raise ethical questions…
Author : darrel54
Final case Analysis for Richardson Drilling essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Final case Analysis for Richardson Drilling"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Final case Assignment
The potential for EV in the US is very high and the federal government is providing support for innovation. Green energy and eco-friendly cars have high demand and THINK needs to leverage advantage. Competition is intense and so is opportunity. The company has to make a strategic move by selecting partners as it needs financial as well as technical and marketing assistance.
13 pages (3250 words) Essay
Melissa Richardson
Case 2 1. Talking from the viewpoint of Melissa Richardson, who has been newly assigned with the role of the sales manager for ColorTech Houses, it can be said that she views the role of a sales manager as one that demand to balance both personal and process based relationships.
7 pages (1750 words) Essay
Final Exam - Case Analysis
Incorporation will give this group a separate legal entity status (Hopkins, 1417). This is a team of tried and tested professionals in diverse disciplines and can deliver in educating various people in important issues that are affecting various institutions.
5 pages (1250 words) Essay
Offshore Drilling
Crude oil drilling in the land wells was the main source of petroleum before companies shifted their attention to explore the seabed, and set up oil well structures in the open sea. This process usually involves geologists to map and confirm the presence of oil deposits in an area of interest.
3 pages (750 words) Essay
Horizontal Drilling
Horizontal drilling is one of these techniques. Under this technique a well is dug, a vertical or inclined well drilled that extends from expands to a subsurface point that is just above the source of the gas or oil deposit, from a surface where the digging of this well begins this source of the oil or gas reserve is referred to as the "kick off" point, then at the entry point, intersects to an arc and further continues in about a horizontal manner that is tangent to this arc and until the required bottom is reached, it substantially or totally remains under the oil deposit.
3 pages (750 words) Essay
Final Case Study
PWS makes children afflicted with it to have huge food craving making them obese later on and who are also marked with cognitive retardation and communication/behavioral difficulties. Development delay in Dennis' case was approximately six months to one year based on early intervention services assessment.
2 pages (500 words) Essay
Drilling fluid
At times, reservoir rocks get damaged while forcing drilling fluid into them. This happens due to the use of too heavy overbalance during the drilling
1 pages (250 words) Essay
Drilling fluid
The drilling fluid cools the bottom hole and lubricates the drilling bit to reduce friction and heat generated due to mechanical and hydraulic forces between the bit and the well casing. The drilling mud removes rock fragments and drills cuttings
4 pages (1000 words) Essay
Final Case Study
Commercial organizations that wish to survive and remain successful in the present day commercial arenas must be committed to engage in a process of constant organizational development and adapt to environmental and commercial
11 pages (2750 words) Essay
Final Case Report
The company has become the first company to reduce its manufacturing costs and accordingly, sets a new base for capital efficiency. The company has faced increasing competition because of the entry of new firms in the solar industry
20 pages (5000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation