Tuesday, May 12, 2020

British Petrolium - 2864 Words

BRITISH PETROLIUM Executive Summery British petroleum is one of the largest oil and gas company which is spread within eighty countries and across six continents. In this project we are going to talk about BP on the whole. We will apply frameworks such as pestel, potters five forces, value chain, ansoffs matrix, the bcg matrix and also the SWOT and TOWS matrix to see where BP stands in the market. Will also talk about the competitive advantage it has got and how are they making use of it in the market. BP also dominates in the downstream market and has its own supply chains. The oil reserves are soon declining hence BP is looking into alternative sources of energies. We will also talk about the current strategies of British petroleum†¦show more content†¦The support process helps the primary business process in its functioning. Firm Infrastructure goes with the inbound logistics, the human resource available goes with the operations the technology of BP helps in its out bound logistics and the procurement is d one the marketing and sales is done and then services. VRIN Value Inimitability Rarity Non-substitutability VRIN VALUE – BP is financially very strong and its spread over eighty countries across six continents. BP is also financially veryShow MoreRelatedThe Rosneft s Takeover Tnk Bp2853 Words   |  12 Pagescom/business/2013/mar/21/rosneft-takes-over-tnk-bp). Founded in 1995 Rosneft became the major oil extracting company in RF. TNK-BP is a joint venture which was formed by two companies TNK(Tyumenskaya Neftyanaya Kompaniya, Tyumen Oil Company) and BP (British Petrolium). TNK on its own was growing rapidly and the company was gaining market share each year. After the joint venture with BP the growth didn t go as it planned to be. The fundamental disagreements in the objectives of the 2 sides prevented the successful

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