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Q: Management accounting - Strategic plan for company in the oil industry ( No Answer,   4 Comments )
Question  
Subject: Management accounting - Strategic plan for company in the oil industry
Category: Business and Money > Accounting
Asked by: mrsifter-ga
List Price: $10.00
Posted: 04 May 2003 04:04 PDT
Expires: 13 May 2003 06:52 PDT
Question ID: 199163
Assume that my team is responsible for all financial control and
management accounting functions of a large Australian publicly listed
corporation in the oil industry. In this case I will say the
australian division of caltex is my company.
 
Since the turn of the millennium the world has experienced major
terrorist attacks, war and threats of war, significant falls in stock
prices and indices, and major company failures. At present there are
no indications that these will end in the immediate future. Companies
preparing their strategic plans and budgets face an uncertain future.
 
As the team responsible for financial control and management
accounting functions in your corporation I am required to prepare a
discussion paper addressed to the CEO discussing the major issues that
will shape caltex's strategic plan for the next five years.
 
I would like the info to be dedicated to the major issues (so if you
could point out the issues for me and maybe discuss them a bit that
would be great) relevant to caltex's strategic plan. I would also like
an indication of the company's vision, mission and objectives for the
next five years.
 
Good links to info would be greatly appreciated as well. But
elaborating on the major issues facing the companys strategic plan is
most important, and also info on what the vision, mission and
objectives would be great. If you can't give heaps of info thats ok,
just something to get me started so i can write a lot would be great.
2000 - 3000 words would be sufficient. Even more would b great.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Management accounting - Strategic plan for company in the oil industry
From: probonopublico-ga on 04 May 2003 04:22 PDT
 
Get into Fuel Cells and Quick.

Oil can't last forever, can it?
Subject: Re: Management accounting - Strategic plan for company in the oil industry
From: mrsifter-ga on 04 May 2003 22:56 PDT
 
true, but the question is for a plan for the next 5 years. therea
enough oil there for that. but that is a good point, maybe to do some
research into that in the 5 years
Subject: Re: Management accounting - Strategic plan for company in the oil industry
From: probonopublico-ga on 05 May 2003 02:22 PDT
 
Over the years, I have produced dozens of strategic plans and - guess
what? - none of them came to anything and many of the companies have
either disappeared or are a shadow of their former selves.

I bet all those dot com companies had exciting strategic plans, too.

Now, think of all the banks who require their business customers to
produce business plans ... But what about the banks themselves? They
usually screw up in some monumental fashion.

Don't take it too seriously because if Australia is anything like the
UK, all petrol supplies are pooled and most of the pumps are
controlled by one or other of the oil companies.

Good luck. anyway.
Subject: Re: Management accounting - Strategic plan for company in the oil industry
From: mrsifter-ga on 05 May 2003 05:46 PDT
 
its just a plan for an assignment, i just want some help with it, it
doesnt have to be that realistic.

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