Preview

THE PIRATES OF THE SILVERLAND PALM

Powerful Essays
Open Document
Open Document
1284 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
THE PIRATES OF THE SILVERLAND PALM
THE PIRATES OF THE SILVERLAND - PALM OIL PIRACY

Summary of the case: Palm Haul Sdn Bhd (PHSB) established in 2002 at Taiping Perak. It was a small and medium sized enterprise in crude palm oil (CPO) transportation business. PHSB was managed by En.H.Rossly and son in law of its founder, Datu S. Najeed. PHSB was facing the same problems likes others transportation companies which is drivers embroiling in oil piracy. The transportation companies will bear the responsibilities of compensation of the refineries if there any hijacking or piracy happened. The involved culprits most probably are the tankers’ driver, deport operators and the transporters. One of the major customer of PHSB, Oilene Refineries Sdn Bhd (Oilene) was complaining to Datuk Najeed on the poor quality of CPO delivered by PHSB and it has caused them in big losses in their business as failed to fulfill the requirement of their customers. Oilene will not renew the contract if PHSB does not improve the situation in one month. Besides that, Datuk S. Najeed has reviewed the first quarter result of 2009 and noticed that the profits has dropped significantly compared to the same period of last year. If Oilene could not placated and, as a consequence, decide to leave their custom, PHSB would run into the trouble to return profits for the coming financial year. Datuk Najeed was very happy and insisted Rn.Rossly to investigate on these matters and report to him within one week with possible solutions. En.Rossly invited his university’s friend, Mukhiz Mohd who was from a management consultancy firm to assist on this.

Problem 1:
There are some problems happened in Palm Haul Sdn Bhd (PHSB) as below: 1) The clients of PHSB might not renew the contract with PHSB because of shortage of delivered of CPO and contamination of CPO with water of sludge. In facts, the tankers are loaded with the amounts stated in the delivery orders but, the shortages of delivered CPO continue to happen over the year when it has
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Case Study 5.1
    • 663 Words
    • 3 Pages

    Case Study 5.1

    Description: Smith is the Chairman of Cardillo Travel Agency, he just involved into a case that whether to sign the affidavit with United Airlines. Because he inspected that there is something wrong with the affidavit concerning Cardillo’s stockholders’ equity, so that he refused to sign affidavit. Just for this reason, he was kicked out from his position. Moreover, the other two of his executives Rognlien and Lawrence, just approved the $203,000 adjusting entry recorded link to Airlines-Cardillo transaction. Afterward, Helen Shepherd, an auditor of Touch Ross, found the mistake that the money cannot be recorded for the payment to Cardillo was refundable under certain conditions and thus not immediately as revenue, so she questioned Rognlien and Lawrence, but they still insisted the entry of the money has been properly recorded. And one year later, R and L just dismissed the Touch Ross accounting firm and hire KMG as their public accounting firm. After the turnover of KMG, they just founded this matter too, and resigned as the independent audit firm.…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Pirate Grace Retold
    • 1257 Words
    • 6 Pages

    Pirate Grace Retold

    Have you ever went to visit a friend away from home? When you got to their house, did they warmly welcome you or did they meanly reject you? Well, in the stories Baucis and Philemon and…

    • 1257 Words
    • 6 Pages
    Good Essays
    Read More
  • Better Essays

    The Depiction Of Pirates In Disney's Peter Pan
    • 2018 Words
    • 9 Pages

    The Depiction Of Pirates In Disney's Peter Pan

    The name “Peter Pan” seems to be known in households around the world. Children hear stories about him at bedtime or read his books. There have been numerous films about him; Disney has produced a cartoon version, and Hollywood has made several more, such as Hook in 1991 and Peter Pan in 2003. The story of “Peter Pan” was created by J. M. Barrie and published as a novel in 1911. Although the main character Peter has become very famous, the villain of the story, Captain Hook has become one of the most well-known pirates in the world (Phillips 2011 pg. 42).…

    • 2018 Words
    • 9 Pages
    Better Essays
    Read More
  • Powerful Essays

    Mini Case Investing in TUFS3
    • 1375 Words
    • 5 Pages

    Mini Case Investing in TUFS3

    The case states that Northern Insurance company build a huge investment system TUFS (Technical Underwriting Financial System). The system was build to support and assist the company by “streamlining the underwriting process and providing strategic e-business capabilities”. The project had been completed on time and on budget but the underwriting staff choose to use the old procedures, they met the system with heavily resistance and use TUFS just for double-check. After implementation, the system was started consuming most of the IT budget and resources in order to fix the errors of the underwritings in the system. They spend almost $4 million therefore, the CIO, Martin Drysdale’s job was on the line. He had a meeting with the CFO to discuss how they can avoid further investment on the system and ask them to answer the following question:.…

    • 1375 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Good Essays

    The Argument of Frustration in Contract Law
    • 625 Words
    • 3 Pages

    The Argument of Frustration in Contract Law

    The facts concerning the Teleflex Inc. v. I.M.P. Group Ltd case summary suggests that there was frustration involved in the contract between the two parties, however, monies should still have been payable to Teleflex Inc because the nature of the frustration was in fact self-induced. It was not anticipated by either party that the contract between I.M.P and the Brazilian government would fail to carry out. However, because both parties made provisions in the contract that suggested the possibility of suspension in the shipping of products and a termination clause was made readily available, it is safe to assume that both parties understood the risks that the contract may not be fulfilled. The acknowledgement and agreed-upon provisions made in the contract in relation to the risks involved, make claiming a failure to fulfill contractual duties on the basis of frustration inadmissible. Furthermore, because I.M.P Group and the Brazilian government never reached consensus and never signed any contracts, it could be deduced that I.M.P practiced poor judgement in securing a contract with Teleflex to receive aircraft products for a project that was still non-existent at the time. I.M.P could have prevented their frustration by either waiting until the agreement with the government was signed, or by including a provision in their agreement with Teleflex demanding work only be commenced upon I.M.P’s signing of the…

    • 625 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Pirates of Penzance - Critique
    • 918 Words
    • 4 Pages

    Pirates of Penzance - Critique

    The Pirates of Penzance was an opera performed by the Southwest Texas Opera Workshop. The Pirates of Penzance, composed by Gilbert & Sullivan, is a light-hearted parody of the traditional opera. This opera takes place somewhere in the British Virgin Islands. It is about a boy, Federic, who is to be apprenticed by his nurse, Ruth, to become a pilot. Ruth mistakes the word pilot for pirate and apprentices him to a band of pirates. She, too, remains with them as a maid-of-all-work.…

    • 918 Words
    • 4 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Philosophy - Case Analysis
    • 696 Words
    • 3 Pages

    Philosophy - Case Analysis

    This case states that an agent of the Southeast Asia wants us to reimburse the customer executive from the Southeast Asia for all his expenses, including some which violates are company’s policies. The agent assures us to reimburse the expenses later. By applying the principle of truth and loyalty we would never accept to go against our company rules. We would choose to go on the right path than to follow the wrong one. Being disloyal to our own company would be a big disgrace to our inner conscience because this very company gives us money to live our lives peacefully and if we betray our company they can do the same to us one day. It is…

    • 696 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    National Farm and Garden
    • 679 Words
    • 3 Pages

    National Farm and Garden

    National Farm And Garden, INC., Marketing problem Losing the leading position as a number one supplier of farming equipment, National Farm and Garden, Inc. or NFG is currently facing problem with the company reputation and trust. The company had launched design defect products (Turbo Tiller), which caused consumer’s injury and ended up in a scandal. The causes of design defect came from various reasons such as, the declining sales, which led to the planning of unrealistic product launch and schedule, Organization ethical issues, and lack of communication within the organization. (See appendix 1 for summary) Immediate Action/ Short term plan First of all, company have to think about the company image from the ruined situation happening to the injured person and to express company sincerity. NFG firstly should to take the responsibility on that particular issue by helping the sufferer with medical fee or damages. Then the next action is to contact all customers who have purchased the defective model, acknowledge them about the problem and send out staffs to customer’s house for free installation of a new workable part. After that the process of giving them the knowledge of how to use the product in the right way is settled in order to avoid any mistakes or loss occurring later on. However, the company has to make sure that the unqualified products sold to retailers are revoked and new modification items are replaced. Mid term plan In doing this, NFG have to do more on market research to see what are the real need, and study more about consumer insight before launching new product even once that product have already been launched. A re-defined KPI for each employee is needed. Every employee is required to hold on to 2 sets of KPI. The first set is coperate KPI. This is the KPI that shares by everyone in the firm, for example ethical work, product quality, stakeholders’ benefits etc. The second set is the individual KPI, this is based on department’s objectives and…

    • 679 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Fraud Case Analysis
    • 481 Words
    • 2 Pages

    Fraud Case Analysis

    I) Motive: We believe that one of Thomas’ motives for committing this fraud was greed. He spent part of collected trip fee on personal purchases. The second motivation might be financial pressure. It is…

    • 481 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    law case
    • 427 Words
    • 2 Pages

    law case

    The purpose of this arbitration paper is written for arbitration meeting conducted on April 4th 2014 for the incident happened in February 15th.…

    • 427 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Pcl Ineffective Control
    • 1087 Words
    • 5 Pages

    Pcl Ineffective Control

    a. Stage 1:Established TV return processes and ASCs report to TV division: Failures of these controls were due mainly to no existence of a punishment policy. In addition, there was too much trust placed on the employees. The 1985 employees loyalty is long gone . Behavioral constraint is seen here for fraud is no part of the employees culture. There is a lack of direction for there is no report or form of supervision for ASCs. Communication process are not followed maybe they do not like it. There is no motivation at all, one bores when doing the same thing daily. Dull and negative attitudes crept in when there's no incentive so there a lot of pressure for people employees to commit fraud. The ability to do the job is very poor and this questions the selection process no form of training .Thus, Incompetence could be another reason why this control failed.…

    • 1087 Words
    • 5 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    IDENTIFICATION OF THE KEY ISSUES
    • 459 Words
    • 2 Pages

    IDENTIFICATION OF THE KEY ISSUES

    Palm Haul Sdn. Bhd. has to compensate the refineries for the amounts of crude palm oil that is short delivered. The tankers are loaded with the amounts stated in the delivery orders and by the time the tankers arrive at the refineries, the quantities delivered are short. This usually occurs during year-end where all the major festivities are during this period. It is linked to the need for some quick cash by the drivers during that particular period. The compensation payment by Palm Haul Sdn. Bhd. has increased tremendously since year 2006 to 2009 as stated in the income statement. The compensation payment in the year 2006 is RM 345,111 almost doubled in the year 2007 which is RM 645,222. The amount in year 2008 is almost 2.5 times year 2007 at RM 1,567,554 and as at 31/03/2009 which is the third quarter period of the company the compensation payment is RM 2,064,333.…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Outline and Discuss the Concept of Rapid, Volatile, Discontinuous Change and Its Impact on the Strategic Management of Organisations”.
    • 1519 Words
    • 7 Pages

    Outline and Discuss the Concept of Rapid, Volatile, Discontinuous Change and Its Impact on the Strategic Management of Organisations”.

    A driver refueled the wrong gas causing 8000 dollars fixed car in a food supply company. The company manager decided to reduce other part-time store assistants working hours for this loss rather than punished this driver. He used to own a small scale business which has been made acquisition. Indeed, He wins his reputation as sophisticated business man in this industry, especially in terms of sales. Head office used to recommend digging out this driver since he consumed too much money to fix company property. He refused companies advice with some words praising this driver. He made this decision based on the importance of driver. He made this decision quickly almost at the same day after he heard of this accident. Although this driver made severe mistakes for few times and unstable attendance, he still tried to keep this driver. In his mind, driver can make more profit than anyone else in the company, even through every store assistant works dedicated. Based on this perspective, he endured this driver making mistake continuously.…

    • 1519 Words
    • 7 Pages
    Better Essays
    Read More
  • Powerful Essays

    Case Study
    • 1318 Words
    • 6 Pages

    Case Study

    Established in 2002 in Taiping, Perak, Palm Haul Sdn Bhd (PHSB) was a small and medium sized enterprise in the Crude Palm Oil (CPO) transportation business. PHSB was managed by En. Rossly, the Chief Executive Officer which is also the son-in-law of PHSB’s founder, Datuk S. Najeed. Like the other transport companies involved in the business, PHSB also faced problems with its drivers embroiling in oil piracy. Transport companies are naturally will held the responsibility for such thefts as they usually take place under their watch and these companies are bound to compensate the refineries for such losses. The culprits involved frequently tanker drivers, depot operators and transporters. One of the major customer of PHSB, Oilene Refineries (Oilene) complaint about the quality of the CPO delivered by PHSB and its later impact on Oilene’s failure to fulfil their customer orders. This is because of the practice of siphoning CPO and adulterating the consignment with water, used oil or sludge was so uncontrolled that a number of PHSB’s customers have threatened to change their custom to other more reliable transport companies. Besides that, profits for the first quarter of 2009 had drastically decrease compared to the same period on the previous year due to the high compensation expenses and maintenance cost. These matters worried Datuk Najeed whom then insisted En. Rossly inspect the matters and report to him within one week with possible solutions. En. Rossly then asked his university friend, Mukhriz Mohd, a management consultant to assist him with Datuk Najeed’s task.…

    • 1318 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Case Study on Petrol Station
    • 2736 Words
    • 11 Pages

    Case Study on Petrol Station

    After made the assessment on the financial position of the business for a three recent years, Mat Jon discovered a few peculiars in the reports Jamel had given him, setting him in reservation of his nephew’s responsibility. He met Jamel and started giving a lot of questions and his unsatisfying towards his nephew. However, Jamel was not confidently answering the questions and trying to hide some facts what actually happened. Mat Jon then confronted Sudin, the supervisor of the pump station to get an explanation about the entire midst, and Sudin informed him of a complaint made by a regular customer, saying that he was scammed by a pump attendant and no action was taken.…

    • 2736 Words
    • 11 Pages
    Good Essays
    Read More

Related Topics