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Strategic Management and Sustainability: PESTLE, SWOT, and Five Force Analysis of British Petroleum

   

Added on  2023-06-15

10 Pages2927 Words328 Views
FinanceLeadership ManagementEnvironmental SciencePolitical Science
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Strategic Management
and Sustainability
Table of Contents
Strategic Management and Sustainability: PESTLE, SWOT, and Five Force Analysis of British Petroleum_1

INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
PESTLE Analysis of British Petroleum:.....................................................................................3
Five Force Analysis.....................................................................................................................5
Strategic group analysis..............................................................................................................7
SWOT Analysis..........................................................................................................................7
CONCLUSION ...............................................................................................................................8
REFERENCES..............................................................................................................................10
Strategic Management and Sustainability: PESTLE, SWOT, and Five Force Analysis of British Petroleum_2

INTRODUCTION
Strategic management is termed to as the techniques of managing the tactics of the
business that are implemented and formulated by their executives. The fundamental purpose of
business is to maximise the global productivity and performance in respect to gain competitive
boundary over varied other challengers. It can be evaluated that arrangement of decisions and
managerial exercises that maximise effectiveness of the management that manage their resources
and create effective targets, measure competitive environment as well (AlShehail, Khan, and
Ajmal, 2021). The pandemic situation of COVID-19 will have an impact on the performance
and functions of the business. Hence, it gets important to implement suitable tactics to functions
their management effectively. The following report covers the scenario of British Petroleum that
are popular British oil and gas brand. Management is expert in managing oil and gas that
involves refining, distributing, extraction, exploration, power generation, trading and as well as
marketing. In relation to it the management is having their headquartered in London, England.
The report covers about the internal and external environment like PESTLE and SWOT analysis
in context to the British Petroleum. It will also involve industry life cycle framework and Porter's
five forces in respect to identify its competitive situation.
MAIN BODY
PESTLE Analysis of British Petroleum:
PESTLE Analysis:
PESTLE analysis is termed to the strategic model that is done by the management in
respect to measure the managerial situation of the external environment. External factors have an
impact on the productivity and performance of the management in negative and as well as
positive manner. In relation to the British Petroleum such factors are related to the external
situation that are as follows -
Political Analysis – Political factor will termed to the unreliability and flexibility of
political situations in the certain fields, restrictions and approaches of the government,
foreign trade policies and restrictions on trades that will have an impact on the
presentation of the management (Habib, and et.al., 2021). In relation to the British
Petroleum, that is an international brand that conduct their operations in varied other
country. Hence, it should know political situations in their tactics and plan of actions in
Strategic Management and Sustainability: PESTLE, SWOT, and Five Force Analysis of British Petroleum_3

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