Impact of Key Drivers on Organizational Functional Areas

Assessment
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Contents
INTRODUCION..............................................................................................................................3
TASK...............................................................................................................................................3
Pestle analysis..............................................................................................................................3
SWOT analysis............................................................................................................................4
Identify that how key driver impact on the organizational functional areas...............................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
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INTRODUCION
The report is mainly focused on the global enterprise environment which mainly referred as
change the climate of enterprise. In order to influence the decision making power of firm in
business activities. The documentation will discuss about the different key drivers where how
they will impact on the organizational functional areas such as marketing, operations, HRM,
Finance and R&D. Furthermore, it will analyse internal as well as external business environment
by using pestle, swot framework.
TASK
Overview
The global environment may be defined as concept which always promote the
organization in term of growth and development. As per analysis, it can be identified that British
petroleum organization consider the key drive which always supports for increasing overall
business productivity as well as profitability in marketplace.
In context of firm, environment can be referred as different external forces which
influencing its overall business operations and decisions. Sometimes, British petroleum face an
unprecedented wide range of challenges as well as opportunities in term of social, political,
economic business environment (Ahmed, Asif and Alrashed, 2019). On the other hand,
Globalization is a based on the process which automatically remove barriers within organization.
In order to increase the efficiency in term of resource allocation while developing strategies,
change industry structure, layout.
Pestle analysis
It is based on the strategic platform or tool to analyse the current market condition of
business. As require to understand the market growth as well as decline (Ahmed, Asif and
Alrashed, 2019). It ensure that British petroleum performance aligned positively with powerful
force of change.
Political: this factor plays important role in the business expansion. The current political
condition of BP depend on the policies and procedure. In order to directly impact on the overall
business performance and efficiency (Capuder, Sprčić and Pandžić, 2020). UK government has
been changing the policy and British petroleum adapt procedures to increase the revenue.
Economic: this type of factor is mainly focused on the economic condition of country. It
can be possible when British petroleum maintain their position during recession. It always trying
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