Strategic Analysis of British Petroleum : Report
Added on -2020-07-22
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Strategic Analysis
Table of ContentsINTRODUCTION...........................................................................................................................1APPLICATION OF RECOVER PLAN..........................................................................................1Situation analysis........................................................................................................................1Models.........................................................................................................................................2Recommendation.........................................................................................................................5Implementation...........................................................................................................................6Limitation....................................................................................................................................8CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONIn respect to determines detailed study, it has been assessed that current marketconditions are more competitive that could be impact on the organisation and its performances.In order to accomplish goals and objectives, proper applications of the strategic analysis need todevelops that assists to accomplish goals and objectives (Parvinen, Tikkanen and Aspara, 2017).There are different kinds of strategies placed that assists to perform better functions that diversifyoperational activities. In respect to having implication of the strategies, positive outcomes will beascertain at workplace. In addition to this, profit margin and market share also need to beassessed that make creative functions and operations in business environment. Moreover,strategic application also considered different activities that make creative ideas and opinion atworkplace (Keller, Parameswaran and Jacob, 2011). Within the current learning and identification, there are different analysis has been placedthat assists to solve fundamental conflicts at workplace. With this regard, recovery plan alsomaintained that assists to acquire better understanding in the strategic management (Forman andHunt, 2015). In addition to this, recovery plan also considered critical aspect in BritishPetroleum. With this regard, issues need to be overcome that assists to identify issues andproblems that are take place in business. As per the case of British Petroleum, they are facinghigh loss from 2010 so that their profits goes down and it creates negative impact on thefunctions and operations. In 2010 issue of the spill in Gulf Mexico take place which highlyinfluence to the brand image to lead with business. APPLICATION OF RECOVER PLANSituation analysisIn respect to analysis the performances of British Petroleum, it has been assessed that thecompany facing various issues and problems to make effective design. With this regard, thecompany need to focus on the design to make marketing and recover plan as per the marketconditions. Hence, the company able to develop their outcomes and performances to accomplishgoals and objectives (Nwankwo, Obidigbo and Ekwulugo, 2012). Assistance also provideattraction to formulated and lead business in successful manner. With the help of diverse culturalaspects, facilities also determines better functions and awareness towards the market conditions.Strategic management identified critical management tool that utilise to gain competitive1
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