Question

In: Operations Management

hello, I have a project, and my company is SOCAR - State Oil Company of Azerbaijan...

hello, I have a project, and my company is SOCAR - State Oil Company of Azerbaijan Republic.

I have to write;
- WHAT CAN HAPPEN / what is happening with this company now - when the pandemia is out?
- what is generally changing in our environment?

you can analyze according to the same industry as SOCAR is. thanks.

Solutions

Expert Solution

There is no doubt in the fact that the company would have to bear losses because the demand is low now, there are less buyers in the market and the oil has to sell to fetch revenue but it’s not happening because of the pandemic. The initial few months could be ok to survive since the company has some surplus cash in the bank but it would start feeling the heat once the funds start drying up. In such a situation the company could ask for help from its regular customers to which it supplies with the intention of repaying in some form or the other in the long term business relationships.

Generally the demand is getting lesser in the environment and also since the manufacturing units are sealed and stopped functioning so the supply is also quite less so this lack of demand is making the company lose a lot of money and sooner or later the financial burden would arrive which is not beneficial for the short term as well as the long term plans for the company would go for a toss.


Related Solutions

Needs to be coded in Python. Hello i am working on a project for my computer...
Needs to be coded in Python. Hello i am working on a project for my computer programming course and i am having trouble with one part. The code needs to be able to produce two versions of an output given inputs by the user. for instance. Here is the code i have to produce the following output. The input from the user are num1 num2 and asc which is just asking if they want the output to be ascending or...
Hello, I want to write my math solutions in LATEX but I have no idea how...
Hello, I want to write my math solutions in LATEX but I have no idea how to do it. I want an example code written in LATEX for the solution of math problem "If x and y are rational, then x+y is also rational." I have the solution but I need the LATEX code so that I can understand how to write in LATEX. Thank You!
Hello, I am having trouble getting started on my project and building these functions. How do...
Hello, I am having trouble getting started on my project and building these functions. How do I build a function that continuously adds new "slices" to the list if they are below/above the size limit? I didn't copy the entire problem, but just for reference, when the code is run it will take user input for size limit (L), time cost for a random slice(R), and time cost for an accurate slice(A). Question: In real life, a steak is a...
Hello! I have a question regarding accounting 101 for a group project, I need to find...
Hello! I have a question regarding accounting 101 for a group project, I need to find the financial statements for JcPenney for the fiscal year of 2019. So far, when I look up the financial statements for 2019, all I seem to find are NON-GAAP financial reports for the company's fiscal year of 2019. I need GAAP financial reports for JcPenny and the statements I need are: Income statement, Statement of stockholders' equity, balance sheet, and statement of cash flow....
Hello! I have a macroeconomics project wherein I have to research about USA's macroeconomic environment within...
Hello! I have a macroeconomics project wherein I have to research about USA's macroeconomic environment within the last 15 years (2005 till the present year). based on this, can anyone help me research for factual information about the following points: •USA's balance of payments (current account - capital account) •the macroeconomic problems that USA have faced for the last 15 years •USA's growth of economy (from 2005 to the present year) Thank you in advance for your help!!
Hello, I am having difficulty with this assignment. I chose Amazon as my stock, but I...
Hello, I am having difficulty with this assignment. I chose Amazon as my stock, but I am confused on what they're asking :             Choose a stock that interests you. Utilizing Bloomberg (or other financial websites) as a source of data, collect the following      information:                         a. The stock’s Beta                         b. The rate of return on the market (S&P 500 Index)                         c. The risk-free rate (rRF)                         d. The last dividend paid (D0)...
Hello my name is Pete. I posted my previous question in error by forgetting to mention...
Hello my name is Pete. I posted my previous question in error by forgetting to mention that I am located in New York State and am required to go by those rules and regulations. Erica Swanson (SSN 376-38-4930), age 46, is a single parent with three children: Her biological son, Sean Swanson (age 19) is a part-time college student who works fulltime as a landscaper Her biological daughter, Brooklyn Swanson (age 14) Her adopted daughter, Sydney Swanson (age 12) Although...
Hello, I am struggling to understand some of my accounting homework. Question 01 ) Tulsa Company...
Hello, I am struggling to understand some of my accounting homework. Question 01 ) Tulsa Company is considering investing in new bottling equipment and has two options: Option A has a lower initial cost but would require a significant expenditure to rebuild the machine after four years; Option B has higher maintenance costs, but also has a higher salvage value at the end of its useful life. Tulsa’s cost of capital is 11 percent. The following estimates of the cash...
To my friendly student tax preparer: Hello, my name is Shady Slim. I understand you are...
To my friendly student tax preparer: Hello, my name is Shady Slim. I understand you are going to help me figure out my gross income for the year…whatever that means. It’s been a busy year and I’m a busy man, so let me give you the lowdown on my life and you can do your thing. I was unemployed at the beginning of the year and got $3,500 in unemployment compensation. I later got a job as a manager for...
•I am assigned a project from my CPA firm. I have to go into a new...
•I am assigned a project from my CPA firm. I have to go into a new building and try to find as many pieces of furniture and fixtures from the building as I can. So for example, a door, a drop ceiling, a window, a drinking fountain. I will do this so I can use 7 year depreciation instead of 39 year depreciation. If I find $1,000,000 of things I can argue are fixtures instead of buildings, the client will...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT