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Global Business Environment

   

Added on  2023-01-11

7 Pages1461 Words26 Views
Global business environment

Table of Contents
Introduction:.....................................................................................................................................1
LO1:.................................................................................................................................................1
Obtain and interpret information relevant to an analysis of the firm’s business environment.1
LO2:.................................................................................................................................................1
Assess the impact of government on the structure and operations of the organisation.........1
LO3:.................................................................................................................................................1
Demonstrate understanding of the impact of changes in the business environment on business
organisation ..........................................................................................................................1
Conclusion:......................................................................................................................................1
References........................................................................................................................................1

Introduction:
Global business environment refers to environment or work place in which the organisation
operates its operational activities to achieve the goals and objectives in the organisation. the
organisation operates its function in more than one country so they need to examine the work
environment before entering into the new work environment so that they able to earn the desire
level of profits. Under this report, the British petroleum ,which is multinational oil and gas
organisation and is one of the world’s seven super majors in the oil and gas in the international
level. Further there will be discussion on the SWOT analysis of the organisation and see the
impact of government on the structure of the company. (Fabuš, 2017)
LO1:
Obtain and interpret information relevant to an analysis of the firm’s business environment.
The organisation operates is activities at the dynamic work environment which keeps on
changing to the time, so the British petroleum analysis the business environment to understand
the work environment and make effective strategies to take competitive advantage in the market.
the SWOT analyse to examine the business environment.
Strength: these are the factors which define the business are good at its:
British petroleum has various subsidiaries and retail brands in the target market such as BP
express, BP connect, BP travel and etc, Which helps the organisation to have diverse
revenue portfolio.
The slogan” beyond petroleum have helps the organisation to get recognised in market.
Weakness: these are those areas which need improvement.
The ongoing change in climate and reduction in use of fuel have create pressure on
company to provide clean energy options.
The organisation has many oil disaster which damage its barnd name.
Opportunities:
The organisation has ability to become the market leader in providing fuel and solar,
hydrogen.
The company have opportunity to expand to new geographic market
1

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