Global Corporate Strategy Essay Example | Topics and Well Written Essays - 3000 words

Global Corporate Strategy - Essay Example It is evidently clear from the discussion that the emerging markets of India and China have been recorded as the fastest growing nations in terms of consuming higher rates of oil, gas and petrochemical products. In this context, the global energy companies such as British Petroleum (BP), Shell, Mobil, and Total have been highly recognized to involve competitive pricing strategies in order to gain substantial return from their global subsidiaries especially located in the emerging markets. However, the oil and gas companies have also been witnessing numerous issues not only for their competitive business strategies but also for their radical impact on the global ecosystem. In this context, the organizations associated with global oil and gas manufacturing industry must also contend with changing regulatory requirements involving their corporate governance different environmental issues. Emphasising the unabated challenges and opportunities faced by the dominant marketers in global oil and gas industry, the essay tends to carry out an appropriate analysis of the global corporate strategies adopted by BP and other world-class Oil, Gas, and Petrochemical suppliers such as Shell, Mobil, Chevron and Total since 2010 to date. The essay also tends to demonstrate the corporate strategic measures of BP in terms of creating a high-performance culture in the global business locations that enable it to effectively deal with both challenges and opportunities in the global oil and gas industry as well.