BOIL plc is a petroleum company that was established by the Organization of African Unity in 1968 and engages in exploration, production, and distribution of petroleum and associated products. The company has three subsidiaries, including BOEnergy Company limited, BOIL Offshore Limited, and BOBitumen. BOIL operates on the Johannesburg, Nairobi, and Ghana stock exchanges, and the African Union owns 34.23% of the company's shares. BOIL has a nine-member board of directors, three of whom are appointed by the African Union. BOIL operates in West and Central Africa, Southern Africa, and East and North Africa, and has more than 221 million clients across Africa. One of the main challenges facing businesses and their clients in cross-border payment across Africa is the existence of multiple national currencies and its associated foreign exchange gain/loss. BOIL plans to establish itself in every African country and to improve its digital payment system (BOIL wallet) to ensure interoperability of payment across all BOIL stations in Africa and among BOIL wallet users. (i) With the aid of diagram identify and draw the organisational structure at BOIL plc. (ii) With the aid of a diagram model existing mode of payment at BOIL Stations (iii) Identify the relevant stakeholders in the BOIL digital wallet project (iv) Identify project risks associated with this project (v) Proposed requirements for the BOIL Digital wallet project (including use cases and scenarios ) (vi) Illustrate the interface/prototype of your proposed solution

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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BOIL plc is a petroleum company that was established by the Organization of African Unity in 1968 and engages in exploration, production, and distribution of petroleum and associated products. The company has three subsidiaries, including BOEnergy Company limited, BOIL Offshore Limited, and BOBitumen. BOIL operates on the Johannesburg, Nairobi, and Ghana stock exchanges, and the African Union owns 34.23% of the company's shares. BOIL has a nine-member board of directors, three of whom are appointed by the African Union. BOIL operates in West and Central Africa, Southern Africa, and East and North Africa, and has more than 221 million clients across Africa. One of the main challenges facing businesses and their clients in cross-border payment across Africa is the existence of multiple national currencies and its associated foreign exchange gain/loss. BOIL plans to establish itself in every African country and to improve its digital payment system (BOIL wallet) to ensure interoperability of payment across all BOIL stations in Africa and among BOIL wallet users. (i) With the aid of diagram identify and draw the organisational structure at BOIL plc. (ii) With the aid of a diagram model existing mode of payment at BOIL Stations (iii) Identify the relevant stakeholders in the BOIL digital wallet project (iv) Identify project risks associated with this project (v) Proposed requirements for the BOIL Digital wallet project (including use cases and scenarios ) (vi) Illustrate the interface/prototype of your proposed solution

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