logo

Analysis of British Petroleum and its Competitive Environment

   

Added on  2023-06-15

10 Pages3364 Words437 Views
Analysis of British Petroleum
BP and its competitive
environment

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Determine global haulage organization and appropriate model.................................................3
Competitive environment of BP.................................................................................................6
CONCLUSION...............................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Environment is refers to as surrounding that helps business by determining surrounding
that helps in raising organization productivity (Alm and Brown, 2021). The report is based on
British Petroleum that is located in UK, it is British multinational oil and gas industry. This
provides varieties of services to consumer by offering them oil and gas services in their petrol
station. In this determines global Haulage by discussing PESTLE, strategic group assessment,
SWOT framework. Further, examine competitive environment of organization by assessing
Industry five forces and life cycle that described competitive environment of BP.
MAIN BODY
Determine global haulage organization and appropriate model
In accordance to organization, the global haulage organization is emphasized
government by apathy as influences BP productivity. By occurring of shortage of HGV drivers
in petrol station that influences organization performance (Wajid and Zafar, 2021). This
facilitates by UK facing issues in fuel trading among retail channels by emphasizing of lack of
diesel grades. In order to determine the influences of approaches on industry as well on sector. It
is explained below;
PESTLE Analysis- The approach influences business by determining different factors that plays
key role in function of organization. By approaching this strategic planning tool helps business
to operate and production of products in effective manner. This is defined below;
Political- In regard to organization, by strategic assessment of business that takes place by
overcoming situation through maintains political stability. This strategic assessment helps
business to grow and maintains sustainability growth of organization. By overcoming problems
as it operate and production of products through expanding British Petroleum.
Economical- In terms of BP, the strategic operation of business in emphasized by economic
factors that emphasize interest rate, inflation and influence cost of business (Loizia and et.al,
2021). Through this organization performs work in effective manner by maintaining economic
condition of business. By raising production costs, higher national income etc. helps in reducing
issues by deriving positive outcome for business that raises organization productivity in desired
manner.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Critical Analysis of British Petroleum: Industry, Sector and Competitive Environment
|13
|3312
|121

Strategic Management and Sustainability: Analysis of Competitive Environment of British Petroleum
|12
|3291
|251

BP Strategic Management and Sustainability
|10
|3369
|262

British Petroleum Strategic Management and Sustainability
|11
|3276
|388

Strategic Management and Sustainability Assessment 1
|13
|3540
|441

Business Strategy: Analysis of British Petroleum (BP) PLC
|18
|3733
|56