Business Ethics: Deepwater Final Simulation Report

Follow  and Answer all the  steps and question with citation and reference NO PLAGIARISM.

STEP 1:

I attach Materials Required

1. Deepwater Student Handbook
2. Reports of complete simulation rounds

STEP 2:

Instructions

Review the reports of your performance in all 8 regular rounds of the simulation. You will prepare a report  describing your experience with the Deepwater simulation, including:

1. A summary of your financial performance
2. A discussion of the ethical challenges you confronted
3. How you prepared your strategy and how you changed your strategy throughout the simulation.
4. Your view on the effectiveness of Deepwater in learning about ethics in business.

Evaluation

The following rubric indicates those areas you should be focusing on in preparing your assignment, and how the instructor will weigh these components relative to one another.

ACTIVITY/COMPETENCIES DEMONSTRATED

% of Final Grade

1.

Content (60%)

a.       Demonstrates evidence of preparing a realistic strategy for the simulation.

/10

b.       Confronted and incorporated the ethical issues presented in the simulation.

/10

c.       Revised strategy as necessary to incorporate the ethical issues.

/10

d.      Successfully navigated the simulation showing positive financial results.

/10

e.      Overall report supports the conclusions of the student’s simulation participation and results.

/20

2.

Communication (25%)

a. Uses language clearly and effectively

/10

b. Information organized intelligently and holistically (i.e.

not simply answers to questions)

/10

c. Proper introduction and conclusion to paper

/5

3

Attention to Detail (15%)

a. APA Formatting (title, headings & references)

/10

Operations & Financial Report

Ocean Odyssey Current Round 2 Remaining Rounds 6 Total Regular Rounds 8 Current Round Operating Decisions Operate Rig? Producing Overhaul BOP No Overhaul Production Volume (bbls) 1,500,000 Maintenance Expense ($/bbl) $15.00 Safety Expense $30,000 Crew Hires 2 Crew Fires 1 Crew Training 1 Do you want to test your BOP this round? Yes Operating Results Operational Status Producing Production Current Round Production 1,125,000 bbls Total Production 2,692,500 bbls Equipment Rig Equipment Condition Index 176 BOP Service Life 4 BOP Rounds in Service 2 Remaining BOP Service Life 2 Pollution Control Equipment Type Type “A” BOP Test Result Good Crew (Current Round) Total Crew Count 107

On-Rig 104 Under Probation (On-Rig) 0 Off-Rig for Training 2 Off-Rig Injured 1

Hours per Worker 60.1 Social Impacts Current Round Cumulative Crew Fatalities 0 0 Crew Injuries 0 1 Safety Violations 1 1 CWA Violations 0 0 Company CO2 Emissions 31,225 tons CO2 Load from Produced Crude 853,522 tons Total CO2 Footprint 884,747 tons Total Social Cost $4.3 million

Next Round Deadline

11/22/2017 11:30 PM

Team Name Team A Oil Company Maria Lida Acosta Angelo Andreas Jenna Bamsey

Instructor Dr Daniel Nicholes Section C Team Leader Jenna Bamsey Profitability ($000,000)

Revenues $134.6 Operating Expenses $120.6

Operating Margin $14.1 Interest Income (Expense) $(9.4)

Net Income $4.7 Assets & Liabilities ($000,000)

Cash $448.5 All Other Assets $7,000.1

Total Assets $7,448.7 Long-Term Debt $3,855.0 Other Liabilities $681.0

Total Liabilities $4,536.0 Net Worth $2,912.7 Cash Flow ($000,000)

Operating Margin $14.1 Depreciation Expense $15.9

Net Cash Provided By Operating Activities $29.9 Gulf Weather Current Round Actual Beaufort 4 Next Round Forecast Beaufort 3 Crude Oil Price $50.00