Monday, May 6, 2019
British Petroleum Essay Example | Topics and Well Written Essays - 3000 words
British crude oil - Essay fountThe business model of BP aims to generate value for the hydrocarbon value twine. The process usually starts through exploration and ends with nothing supply (BP, 2012). In 2011, the growth in global oil consumption slowed although robust growth move in China and other non OECD countries. Despite the slowdown average prices of crude oil were however high as compared to previous years (BP-a, 2012). BP facts and figure indicates a stable growth where its sales and operating tax revenue stood at 83,400. The core inciters of BP are Castrol, Arco, ampm, Aral and Wild bean cafe (BP, 2012). The paper deals with the above mentioned organization, British Petroleum and discusses the organization in much more detail in order to analyze the company mental synthesis its work process, the strategy the organization is currently following and future plan along with its competitive favour which keeps the company ahead of its competitors. Structure of the organi zation BP organizes the business in a way so that vigour products are and services which are required by the people around the globe are served at an appropriate time and as per the needs. The business model of BP aims to create value in the value chain process and as stated above it starts with exploration and ends with supply of energy. The organization of BP consists of marketing and refining, upstream, people of BP and their determine and alternative energy. The upstream usually finds, develops then produces and transports natural gas and oil to the market. BP operates in around 26 countries and it employs approximately 84,000 employees. The major markets are Russia, USA, North Africa, UK, Asia, Canada, Middle East and others. The marketing and refining teams are liable for trading, supplying, transporting, refining, and also for marketing the products. BP has 17 refineries and it markets them in 100 countries the role of R&M plays an important part. BP wee-wee of approximat ely 83,400 people, contractors and suppliers in the organizational chart. BP value lies in safety of the people, respect for the world, excellence through check management and systematic operations, courage to face difficulties and the team, where the employees trust each other (BP-b, 2012). The following is the organizational organise of BP headed by Robert Dudley Figure 1 Organizational structure of BP (Source The Official Board, 2012) Entrepreneurship BP has also encouraged entrepreneurship among women through its commission towards upliftment and gender equality. BP Southern Africa entered into partnership with the Women Development Trust to provide the women with a stable platform to reliable success in the business sector. BP was encouraged by the determination and passion of the women towards their approach for their business and was passing pleased to get associated with WDT who has also contributed towards the transformation process and success among the women entrepre neurs. At the government level, BP has calculaten assorted steps in order to advance the position of women in the society and thus encourage the women to take part in business and create business environment. In addition to the above discussion, BP had also certain incarnate entrepreneurship model after the most troubled period in 1980s and has managed to develop the brand as a global energy company and has added renewable energies in its portfolio. In an attempt to re invent as a supplier for all forms of energy BP has thus adopted a corporate entrepr
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