Answer: Introduction Corporate Social Responsibilities refers to the business approach which aims at conducting activities that are ethical. It includes activities like working in a team within the community, developing strong relationships between employees and its potential customers and protecting environment. Business gets involved in CSR activities to minimize the negative impact of its activities on the society. It helps in contributing...Read More >>
Answer: The major objective of the research is to understand and identify the change management strategies that can help the companies to deal with the potential market challenges. Change can be the foundation of the competitive advantages but to become effective, the change management programs should identify the potential areas of conflict as well as address the needs of every individual in the organization. In order to understand the change...Read More >>
Answer: Introduction: The report has been made taking the Joint Venture of Petronas with Kencana, SupreCrest, and Petrofac. The Petroliam Nasional Berhad (Petronas) is a company dealing in energy sector and has entered into a joint venture agreement with Kencana Petroleum, Supracrest Petroleum, and Petrofac Limited to develop an energy service company in Berantai field offshore in Malaysia. In the joint venture, the Petrofac the UK Company ho...Read More >>
Answer Introduction Strategic management is a process which is used by companies to bring new changes in the organisation. It provides direction and helps in the implementation of policies and plans. It plays an important part in decision making in complex business and competitive scenarios. The present report highlights the business of BP Plc which was earlier known as British Petroleum (Shuen, Feiler and Teece, 2014). It is a British multinat...Read More >>
Answer: The aim of the report is to analyse the factors that has lead to the changes in the management of an organisation. Royal Dutch Shell has been selected as the organization for the case study. Last few years have been turbulent for the oil and gas industry (Herbert and Rothwell 2015). Combined impact of economic uncertainty, geopolitical turmoil accompanied with supply disruption had lead major oil and gas companies to adapt certain chan...Read More >>
Answer: British Petroleum has faced serious challenges during price drop of oil from 2014 until date. Strategic change management refers to the approach taken by British Petroleum in re-directing resource use, process of business, allocation of budget and other operational modes that has serious impact on organization reshaping. This report provides an evaluation of changes that has been implemented by British Petroleum. Driving factors respo...Read More >>
Answer: Introduction Energy industry in UK is expanding to supply electricity and other energy related products to both the domestic and global economy (Hitt, Ireland and Hoskisson 2012). This paper focuses on the strategic management of Energy Company in UK, while entering into a joint venture agreement (Orionenergy.com 2017). Joint venture of Orion Energy (UK) and Pakistan Petroleum Limited (PPL) has been taken as the case study for t...Read More >>
Answer: Introduction Joint venture is an agreement between two or more organizations who share ownership, risk, returns with shared governance. In this agreement the companies share resources to accomplish a particular task. The task can be start a new project or improvement in existing operations. In joint ventures the business partners share profit and losses and contribute assets. Numerous factors like technology need, investment need, dev...Read More >>
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