Description
Please use continue to use BP as the company, and focus on the oil, gas and alternative energy part of their business.
In this section, you will be evaluating various strategies and making recommendations for the organization.
Write a 1,050 to 1,400-word strategic evaluation in which you include the following:
- Evaluate potential business level strategies for the organization.
- Assess potential corporate level strategies for the organization.
- Assess potential global (international) strategies for the organization.
- Recommend a strategy or combination of strategies the organization should implement, and include a rationale for that recommendation.
Format your paper consistent with APA guidelines.
Explanation & Answer
Attached.
BPs Strategic Evaluation and Recommendation
I.
Evaluate potential business level strategies for the organization.
II.
Assess potential corporate level strategies for the organization.
III.
Assess potential global (international) strategies for the organization.
IV.
Recommending a strategy (s)
Running head: BP'S STRATEGIC EVALUATION AND RECOMMENDATIONS
BPs Strategic Evaluation and Recommendation
Student’s Name
Institutional Affiliation
1
BP'S STRATEGIC EVALUATION AND RECOMMENDATIONS
2
BPs Strategic Evaluation and Recommendation
Notably, it is indispensable for an organization like British Petroleum Company to
strategize its business operations in a manner that aim at satisfying the requirements of the
customers as well as their preferences to accomplish the average organizational returns as well as
maintain a big local and global market share. Thus, as Porter (2008) and The Institute of Cost
Accountants of India (2014) assert, for an organization to reap maximum benefits and satisfy its
consumers’ wants, it requires strategizing its business level, corporate, and international level.
Business
Level
Strategic Choices
Corporate
Level
International
Level
BPs Business Level Strategic Choice
Worth a note, at the business level, a corporate management is required to make several
choices to attain the desired competitive advantage. In addition, at business level strategic, BP
organization takes actions to provide value to the potential clients as well as gaining a
competitive advantage through the exploitation of its primary competencies, services, and oil and
gas products. Apparently, in business level, the firm's main concern is positioning the
corporation in the oil and gas industry, which is relative to the five forces of competition and BPs
competitors. Notably, there are four principle strategies used in business level to aid the British
Petroleum Company in establishing a competitive advantage against its market rival.
BP'S STRATEGIC EVALUATION AND RECOMMENDATIONS
3
Firstly, the organization competes for a large customer’s based on prices from its
competitors like Shell. According to Rothaermel (2015), an organization basis its product prices
depending on internal efficiency with the aim ...
