Talk about the Multinational Company Repsol

User Generated

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Business Finance

International Management MGT357

Florida International University

Description

It is an easy essay that has to have 4 pages which are divided by

- 1 page in which you have to talk about Repsol it is like a brief introduction.

-2 pages about Repsol's International Management Functions, Strategies, Social Responsibilities, cross Cultural Issues within the MNC, Alliances, Human Resources, etc. All of this information is found in the Repsol website ( https://www.repsol.com/en/index.cshtml ) You just have to click in About us and you'll get all the information. Also you can find this information in wikipedia ( https://en.wikipedia.org/wiki/Repsol)

- 1 page you just have to write about all significant issues in EUROPE related to 3 topics ( leadership styles, labor issues and negotiation)

I could wrote a paragraph of this assignment which you can use

"Repsol is an energy and petrochemical multinational company with headquarters in Madrid and Barcelona (Spain). It was founded in 1987, it carries out the upstream, is process that obtains underground crude oil, and natural gas by drilling exploratory wells and downstream which is the process of refining of petroleum crude oil and the processing and purifying of raw natural gas. It provides and infinite number of products such as gasoline, petrol, kerosene, jet fuel, diesel oil, heating oil, fuel oils,waxes, lubricants, asphalt, natural gas, and liquefied petroleum gas (LPG). .... "

The essay has to be letter size 12 with all references

Absolutely, no plagiarism from other assignments otherwise we will have problems

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Explanation & Answer

Hello, review the attached document and contact me in case you need any changes. Otherwise, good luck in your study and if you need any further help in your assignments, please let me know. Always invite me to answer your questions.

Running head: REPSOL COMPANY

1
Repsol Company
Institution Affiliation
Instructor’s Name
Student’s Name
Course Code
Date

REPSOL COMPANY

2

Repsol Company
Repsol Company has been in operation for more than three decades the company was
founded in 1987. The firm has been carrying out upstream and downstream activities in the
petroleum industry with more than 24,000 employees across the world; the firm has been able to
establish a close relationship with all the stakeholders in the market. The product sold by Repsol
has been highly rated and quality standard recommended by the users (Jenkins, 2017). The
company headquarters are in Madrid and Barcelona (Spain). Some of the major activities include
drilling underground crude oil, and natural gas; processing and refining the product takes place
in the upstream operations thus, some of the product include petrol, Kerosene, Lubricants, jet
Fuel, Liquefied petroleum gas among others.
The company has operated business in 50 countries across the globe, during this period
the firm bought 97.8% of Argentine oil and Gas Company in 1999. This acquisition positioned
the company in the global market and raised its multinational operations. Consequently, after the
purchase, the shares number increased to 288 million shares hence, the firm’s presence in Latin
America provided an opportunity for corporate growth and expansion in the markets (Jenkins,
2017).
In 2018, the company carried out an extensive company to change its profile by using the
cutting edge technology where it made over 30 hydrocarbon discoveries. Some of these
discoveries were said to be the largest in the world and such extensive changes positioned Repsol
in the world market and increased in market share. As part of the expansion objectives, the top
management of Repsol Company announced that they were willing to spend US$13 Billion to
buy a Canadian oil company (Talisman Energy) (Cifuentes, 2018). Such extensive investment
has been the source of its internal strength in growing its multinational operations.

REPSOL COMPANY

3

Repsol International Management
Functions carried out by the company in the international market have seen the firm
become one of the leading oil and gas producers and retailers across the globe. The firm’s
acquisition of YPF S.A and the consolidation of Gas Natural SDG by global integration indicate
that the firm management investment plans have resulted in increasing in market share, revenue
collection and contribution in the oil industry. The Board of directors has delegated most of the
functions to the regional managers to undertake some of the significant issues in their market
locations based on their judgments. Such decentralized structure indicates the firm’s willingness
to diversify its operations and support independent decisions making.
Repsol International strategies create many opportunities for the foreign market and the
local business. Multinational companies’ regulations allow the firm to venture into many areas
that facilitate growth and adjustment depending on market changes. The plans for the company
target significant discovery of investment in the developing countries ...

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