Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

Module 8-2 follow up

Hi all, I need some help with the attached files.  Details inside.  Thanks!

Introduction

            Global Energy Services is dealing with the various challenges within the economic, environmental, and social domains. Challenges include falling oil prices that affect revenues and shareholders’ expectations, which are associated with the challenge of meeting EPA-mandated freshwater contamination remediation from a profitable drilling operation, according to Khan et al. (2020). Secondly, the restructuring of organizations to cater the environmental cleanup funding is problematic because it entails layoffs that could demoralize the employees. Moreover, the integrated recommendations for Global Energy Services on how to increase revenue and market share are difficult to develop, when the company faces the problem of costly environmental issues and making decisions on staffing.

Recommendations

            The board should consider the business, environmental, and social issues in their strategic decision-making. The board should consider modern technologies and the diversification of the operations to hedge the revenue without the expansion of the current drilling area. In this regard, the board should consider the establishment of an environmental cleanup fund as a remediation measure from which a small percentage of future income should be allocated in order to account for the problem without putting too much pressure on the current budget. Concerning the organizational structure, the board is required to consider transparency and communication.

Priority of Focus

            An essential priority order of focus encompasses environmental restoration, financial health, and employee motivation. As noted by Paananen et al. (2021), there is a need to address ecological cleanup to meet set requirements to avoid legal consequences and repair the organization’s image if it goes through legal suites. The company needs to stabilize finances through diversification to fund remediation and continue operations. Workforce reductions should be handled last, transparently, and compassionately to provide time for retraining and job search.

Criteria

            The primary step is to establish an environmental cleanup fund financed through a small percentage of revenue. This demonstrates accountability to regulators without jeopardizing operations. The other step is to focus growth efforts on innovative and diversified energy solutions that steer expansion away from high-risk drilling sites. Pursuing a more comprehensive range of energy projects allows for revenue gains without environmental hazards.

References

Khan, A., Qureshi, M. A., & Davidsen, P. I. (2020). How do oil prices and investments impact the dynamics of firm value? 
System Dynamics Review
36(1). 

Paananen, M., Runesson, E., & Samani, N. (2021). Time to clean up environmental liabilities reporting: disclosures, media exposure, and market implications. 
Accounting Forum,

 
45(1). 

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

MGMT496

SEE ATTACHED Write a 600-word essay describing how the content from your artifacts will assist you once you graduate? How do they add value and effectively measure what you have learned in the program SOME ARTIFACTS ARE ATTACHED

chapter 3

For this exercise, assume you are the owner of a small electronics firm based in the American Midwest. Your research department has developed a cellular phone that translates conversations into any of 24 languages. From conversations with business associates and friends, you have identified two especially attractive overseas markets—Brazil and

Discussion Board 3 ( Healthcare Reimbursement)

In your post, compare the characteristics and claims filing processes of private and public payers. What type of ethical issues could arise with personnel during the claims filing processes? Imagine yourself sitting around a conference table with your instructor and classmates. This discussion topic will be similar. It is a

Reading 3

instructions and readings are attached  For section #2 Comparative Insight (7 points) I also attached week 2 reading (Staffing Models)

MATH120

SEE ATTACHMENT  Conditional Probability: What affect does a condition have on the probability?  Let’s compare and find out. Example:   Let’s look at a standard deck of 52 playing cards. No replacement:  What is the probability of getting 2 kings assuming that the first one is not replaced?  (Note:  There are

MGMT496

SEE ATTCHMENT 250-300 WORDS ANSWERING THE FOLLOWING QUESTION This week explain who the potential audience for your e-portfolio will be.  How will you ensure that your e-portfolio is well received by the audience?  What acronyms do you use in your workplace that can cause confusion?  If you are including a

Government and Politics

Details attached.   The role of government in the economy is often debated by economists and businesspeople. 

HRM 6302 Unit V DBR

2 Employment Law HRM 6302 Unit V DB Reply 1 Posts to others should be a minimum of 150 words and use at least one supporting reference. You can use the text for this course as one of the reference sources. Reply to student post below Part I Under the Federal

Fin 6301 Unit VI PPP

2 Corporate Finance ECO 6301 Unit VI PowerPoint Presentation This assignment measures your mastery of ULOs 5.1, 5.2, and 5.3. The purpose of this PowerPoint Presentation is to analyze fundamental aspects of corporate finance management in multinational corporations. You will research a multinational corporation to focus on for the assignment,

gender

 In this summarize, Gallant writes mostly about gender and sex work. How might her ideas be expanded to consider gender in other areas of life?  

Real Estate Evaluation| Neighborhood Analysis

Identify and evaluate the neighborhood within which you live? Create a neighborhood profile using internet links and personal information that will provide some specific data. Draw some inference from this evaluation. Be sure to understand the term neighborhood and what makes this neighborhood different. Is it close to jobs? How

week 3 dicussion Organizational Behavior

 What are the factors that influence our perception? What is the link between perception and decision making? How do individual differences and organizational constraints influence decision making? 

FIN 6301 Unit V DB R1

2 Corporate Finance ECO 6301 Unit V DB Reply 1 • Your response post to class classmate should be at least 150 words in length. • Your response post should include at least one APA-formatted scholarly, professional, or textbook reference with accompanying in-text citation to support any paraphrased, summarized, or

FIN 6301 Unit V DB R2

2 Corporate Finance ECO 6301 Unit V DB Reply 2 • Your response post to class classmate should be at least 150 words in length. • Your response post should include at least one APA-formatted scholarly, professional, or textbook reference with accompanying in-text citation to support any paraphrased, summarized, or

BUSINESS (NO PLAGARISM A+ WORK, ON TIME)

discussion and assignment ASSIGNMENT Brand Extension Assignment For this assignment, you are asked to choose an  existing brand and create a  brand extension for that brand. This is not connected to your final paper topic, so you can use any brand, including your final paper topic for this deliverable. Your goal is

Cash Budget

See attached Please complete Excel template provided The goal of this assignment is to demonstrate the process of construction and utilization of a cash budget for a company. The assignment is closely related to Course Objectives #02. For this assignment we consider the monthly cash budget for six months (January

Final Project: Present a Business Plan

   Final Project: Present a Business Plan WHO: You are the entrepreneur, and your job is to present a business plan for your entrepreneurial venture (I was thinking of a truck parking stop).