Swot analysis bp oil spill
This paper entails a comprehensive SWOT analysis of British Petroleum Company (BP). SWOT analysis. According to Dransfield and Needham (2005, p.137), a SWOT analysis enables a firm to evaluate its internal strengths, internal weaknesses, external opportunities and threats. Below is a discussion of BP’s SWOT analysis. Strengths. BP has a strong management team. Need help with BP (British Petroleum) SWOT & PESTLE Analysis? Order the complete BP (British Petroleum) SWOT & PESTLE report or view the free sample complete report on our site now! One of them was at BP’s oil refinery in Whiting, Indiana in 2014. (British Petroleum) SWOT and PESTLE analysis has been conducted by Abhishek Patra and Increase in petrol prices in the UK; Explosion of BP refinery in Texas that caused 100 injuries and 15 deaths in 2005; Criminal charges due to the spread of 270.000 gallons of crude oil in the Alaskan tundra in 2006; Toxic spill of 2,000 gallons of methanol in the oil field (Prudhoe Bay) managed by BP. Thursday, October 30, 2014 SWOT Analysis What is BP? Weaknesses: BP Oil Spill SWOT Analysis Founded in 1909 5th largest Oil and Gas Company in world (by Revenue) 6th largest company in the world (by revenue) Revenue of $379 billion Has presence all over the world, including: Weaknesses in the SWOT analysis of BP Weaknesses are used to refer to areas where the business or the brand needs improvement. Inability to penetrate successfully in non-energy markets : British Petroleum has diverse interests in a number of related areas and this is mostly in the energy-related domains. BP Porters Five Forces Analysis of BP reveal low threat of new entrants and substitutes, medium bargaining power of both buyers and suppliers, and high rivalry among existing competitors. To remain competitive, the company should increase strategic investment in R&D, negotiate with governments and other firms to exploit emerging markets, rebuild its brand value and streamline its production and business operation. In BP SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors. SWOT Analysis is a proven management framework which enables a brand like BP to benchmark its business & performance as compared to the competitors and industry.
A. BP oil spill: Congress passed legislation restricting BP's business in the US. This will cost BP some of its assets in the Gulf of Mexico. B. Settlement: In 2012, there was a proposed $7.8 billion settlement deal. It would use the $20 billion dollars from the Deepwater Horizon Oil Spill Trust to help pay for the claims; however, it was a question of how the US would settle. Recently, in federal appeals court, BP won a partial victory by getting a lower court judge to reconsider his
The SWOT Analysis of BP and the Gulf of Mexico Oil Spill HBR case study includes analysis of internal and external factors., Decision making, International business, Leadership, Organizational culture, Personnel policies, Risk management MBA, EMBA, Strengths, Weakness, Opportunities, Threats,SWOT Matrix, ppt, template This paper entails a comprehensive SWOT analysis of British Petroleum Company (BP). SWOT analysis. According to Dransfield and Needham (2005, p.137), a SWOT analysis enables a firm to evaluate its internal strengths, internal weaknesses, external opportunities and threats. Below is a discussion of BP’s SWOT analysis. Strengths. BP has a strong management team. Need help with BP (British Petroleum) SWOT & PESTLE Analysis? Order the complete BP (British Petroleum) SWOT & PESTLE report or view the free sample complete report on our site now! One of them was at BP’s oil refinery in Whiting, Indiana in 2014. (British Petroleum) SWOT and PESTLE analysis has been conducted by Abhishek Patra and Increase in petrol prices in the UK; Explosion of BP refinery in Texas that caused 100 injuries and 15 deaths in 2005; Criminal charges due to the spread of 270.000 gallons of crude oil in the Alaskan tundra in 2006; Toxic spill of 2,000 gallons of methanol in the oil field (Prudhoe Bay) managed by BP. Thursday, October 30, 2014 SWOT Analysis What is BP? Weaknesses: BP Oil Spill SWOT Analysis Founded in 1909 5th largest Oil and Gas Company in world (by Revenue) 6th largest company in the world (by revenue) Revenue of $379 billion Has presence all over the world, including: Weaknesses in the SWOT analysis of BP Weaknesses are used to refer to areas where the business or the brand needs improvement. Inability to penetrate successfully in non-energy markets : British Petroleum has diverse interests in a number of related areas and this is mostly in the energy-related domains. BP Porters Five Forces Analysis of BP reveal low threat of new entrants and substitutes, medium bargaining power of both buyers and suppliers, and high rivalry among existing competitors. To remain competitive, the company should increase strategic investment in R&D, negotiate with governments and other firms to exploit emerging markets, rebuild its brand value and streamline its production and business operation.
BP Market Analysis and Strategic Marketing Recommendations In the USA after the Gulf of Mexico Oil spill
We’ll use the Cause Mapping process to provide an analysis of the issues related to the Deepwater Horizon explosion and oil spill. The Cause Mapping method utilizes three steps: 1) Define the problem, 2) Conduct the analysis and 3) Identify the best solutions. Each step will be discussed below. BP Deep-water Horizon Oil Spill Public Relations BP Deep-water Horizon Oil Spill: Executive Summary The Deepwater Horizon oil spill or the BP oil spill was a disaster in the Gulf of Mexico that took place in the Macondo Prospect. Macondo Prospect was a BP operated project, and one of the oil spill disasters that has been considered to be one of the most destructive accidents on marine environment. In fact, it has been considered the most expensive and life threatening accident in the The BP oil spill has fared as the largest marine oil spill ever confronted in the history of the petroleum industry. The oil spill on the 20th of April 2010 was primarily the result of a gas release followed by an explosion in the Deepwater Horizon oil rig, in the Gulf of Mexico, established on the Mocando exploration well designed for BP. A. BP oil spill: Congress passed legislation restricting BP's business in the US. This will cost BP some of its assets in the Gulf of Mexico. B. Settlement: In 2012, there was a proposed $7.8 billion settlement deal. It would use the $20 billion dollars from the Deepwater Horizon Oil Spill Trust to help pay for the claims; however, it was a question of how the US would settle. Recently, in federal appeals court, BP won a partial victory by getting a lower court judge to reconsider his Suggested solution to react the oil blowout Solution 1 BP might consider the oil spill was only an accident, prove a gross negligence in the case and refuse the responsibility for compensation and cost to clean up waters and recover the ec osystem
BP Porters Five Forces Analysis of BP reveal low threat of new entrants and substitutes, medium bargaining power of both buyers and suppliers, and high rivalry among existing competitors. To remain competitive, the company should increase strategic investment in R&D, negotiate with governments and other firms to exploit emerging markets, rebuild its brand value and streamline its production and business operation.
Suggested solution to react the oil blowout Solution 1 BP might consider the oil spill was only an accident, prove a gross negligence in the case and refuse the responsibility for compensation and cost to clean up waters and recover the ec osystem
BP Porters Five Forces Analysis of BP reveal low threat of new entrants and substitutes, medium bargaining power of both buyers and suppliers, and high rivalry among existing competitors. To remain competitive, the company should increase strategic investment in R&D, negotiate with governments and other firms to exploit emerging markets, rebuild its brand value and streamline its production and business operation.
We’ll use the Cause Mapping process to provide an analysis of the issues related to the Deepwater Horizon explosion and oil spill. The Cause Mapping method utilizes three steps: 1) Define the problem, 2) Conduct the analysis and 3) Identify the best solutions. Each step will be discussed below. BP Deep-water Horizon Oil Spill Public Relations BP Deep-water Horizon Oil Spill: Executive Summary The Deepwater Horizon oil spill or the BP oil spill was a disaster in the Gulf of Mexico that took place in the Macondo Prospect. Macondo Prospect was a BP operated project, and one of the oil spill disasters that has been considered to be one of the most destructive accidents on marine environment. In fact, it has been considered the most expensive and life threatening accident in the The BP oil spill has fared as the largest marine oil spill ever confronted in the history of the petroleum industry. The oil spill on the 20th of April 2010 was primarily the result of a gas release followed by an explosion in the Deepwater Horizon oil rig, in the Gulf of Mexico, established on the Mocando exploration well designed for BP. A. BP oil spill: Congress passed legislation restricting BP's business in the US. This will cost BP some of its assets in the Gulf of Mexico. B. Settlement: In 2012, there was a proposed $7.8 billion settlement deal. It would use the $20 billion dollars from the Deepwater Horizon Oil Spill Trust to help pay for the claims; however, it was a question of how the US would settle. Recently, in federal appeals court, BP won a partial victory by getting a lower court judge to reconsider his
Increase in petrol prices in the UK; Explosion of BP refinery in Texas that caused 100 injuries and 15 deaths in 2005; Criminal charges due to the spread of 270.000 gallons of crude oil in the Alaskan tundra in 2006; Toxic spill of 2,000 gallons of methanol in the oil field (Prudhoe Bay) managed by BP. Thursday, October 30, 2014 SWOT Analysis What is BP? Weaknesses: BP Oil Spill SWOT Analysis Founded in 1909 5th largest Oil and Gas Company in world (by Revenue) 6th largest company in the world (by revenue) Revenue of $379 billion Has presence all over the world, including: Weaknesses in the SWOT analysis of BP Weaknesses are used to refer to areas where the business or the brand needs improvement. Inability to penetrate successfully in non-energy markets : British Petroleum has diverse interests in a number of related areas and this is mostly in the energy-related domains. BP Porters Five Forces Analysis of BP reveal low threat of new entrants and substitutes, medium bargaining power of both buyers and suppliers, and high rivalry among existing competitors. To remain competitive, the company should increase strategic investment in R&D, negotiate with governments and other firms to exploit emerging markets, rebuild its brand value and streamline its production and business operation.