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Assignment on Strategic Management (solved)

   

Added on  2020-06-06

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Strategic Management
Assignment on Strategic Management (solved)_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1PESTEL analysis on case study by evaluating opportunities and threats..............................1TASK 2............................................................................................................................................3Analysis regarding five forces for determine attractiveness of steel industry........................3TASK 3............................................................................................................................................5Selection of product and service of business organisation with assessment of growth marketshare by evaluating BCG matrix............................................................................................5Analysis of potential problems related with BCG matrix......................................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................7
Assignment on Strategic Management (solved)_2
INTRODUCTIONStrategies are a core part of business which need to understand by managers of acompany properly so that better and efficient working could be evaluated (Bergh and et. al.,2016). Such strategies required to manage in better and definite manner so that effective andbeneficial results could be disseminate. This project is based on BP Oil and Gas company whomhave a market area of the world wide. Business already establish themselves at many parts of theworld which enable them to generate more and more profit. In this project, certain number ofquestions lead to get answer where first one is associated with PESTEL analysis which underpinand enable in define the major opportunities and threats. The next model which will going todiscuss out is porter five force model analysis for evaluating about attractiveness of world steelindustry. All such considerations will enable in define and determine the better and appropriateoutcome for growth and assess the problems as well which related with BCG matrix. TASK 1PESTEL analysis on case study by evaluating opportunities and threatsFor every organisation whom operating at vast level need to understand the macroenvironment of business properly so that better and effective working could be done (Bettis andet. al., 2016). Thus, it is essential for business to understand all kinds of influences on businessproperly so that better and effective working could be done which enable in deriving appropriateoutcome. The PESTEL analysis on BP oil and gas are define as follow which enable and supportto signify appropriate and effective outcome. Political: These associated and related with government interference of a company wheresome rules and regulations required to impose by government of some particular country.BP oil and gas are already operating at vast level where they have 21000 service stationworldwide. In 2013, company merge their operations with with leading Russianbusinessmen partnership with Rosneft where state controlled the oil company and BPhave only 18% shares in the market area. This define that ultimate power is in the handsof government of Russia which define and restrict them to work properly as well asrestrict the capacity of business to deal with other aspects in better manner. Thus,political intervention create threat for BP at Russian market world just because they have1
Assignment on Strategic Management (solved)_3

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