PETRONAS GROWTH STRATEGY An all time challenge that Petronas will always face is lack of resources and technology. This is due to oil being a non-renewable source of energy. Yes‚ there is still oil in Malaysia‚ but oil in Malaysia is beginning to deplete due to years and years of drilling. In order to drill deeper‚ they will need more advance technology. Without doubt‚ this is a problem faced by all oil and gas companies. The question here is how does Petronas escalate its performance throughout
Premium Petroleum Sharia Islam
CHAPTER 13 4) What are the advantages and disadvantages of global promotional strategies? The global companies try to achieve a strategic position on each market they are present in. To reach that goal‚ companies need to differentiate the products from competitors‚ while holding the costs of market communication activities at lowest level. Also global companies have to make an effort to sustain advertising campaign in all the markets in which there are present‚ because wherever they live people
Premium Marketing Trade Globalization
For almost tv^fo decades‚ managers have been learning to play by a new set of rules. Companies must be flexible to respond rapidly to compet- itive and market changes. They must benchmark continuously to egy. The quest for productivity‚ quality‚ and speed has spawned a remarkable number of management tools and techniques: total quality management‚ benchmarking‚ time-based competition‚ outsourc- achieve best prac- tice. They must outsource aggres- sively to gain ef- ficiencies. And they must
Premium Management Total quality management Strategic management
taken the place of strategy. As managers push to improve on all fronts‚ they move further away from viable competitive positions. Michael Porter argues that operational effectiveness‚ although necessary to superior performance‚ is not sufficient‚ because its techniques are easy to imitate. In contrast‚ the essence of strategy is choosing a unique and valuable position rooted in systems of activities that are much more difficult to match. In answering the question ‘what is strategy?’‚ some theorists
Premium Management Strategic management Michael Porter
Understand the external environment 1. Summarise the attractiveness of the industry. a. Identify the industry product segments and value chain. b. What is the current life cycle position of the industry? c. What have been the key issues affecting historical industry growth? What was their impact? d. What are the key issues that will affect future industry growth? What is their likely impact and the overall assessment of the industry’s future growth? e. What have been the key issues affecting
Premium Strategic management
Tab. 3-1: Growth strategies / growth potentials |Intensive growth |integrative growth |diversification growth | |- market penetration |- backward integration |- concentric diversification | |- market development |- forward integration |- horizontal diversification | |- product development
Premium Strategic management
ideas to improve this. Question 1: If you were Mr. Moore‚ and based on the information provided in the case‚ how would you draw (map) Desko’s order process? In order to draw a process map of Desko’s order process which will not be 5 pages long‚ we only use the level 1 processes. A level 1 map shows the processes at its highest level. It is typically five to seven steps long and it is very useful to get an understanding of the big picture. The level 1 map just shows the basic steps required
Premium Customer service Enterprise resource planning Customer
Starbucks Goes “Glocal”: An Investigation of Starbucks’ Global Strategy The Starbucks Corporation is a roaster‚ marketer‚ and retailer of specialty coffee throughout the world‚ currently operating in more than 50 countries today (“Our Starbucks Mission”). Starbucks represents one of the most recognizable logos and companies across the globe today‚ continually expanding and diversifying their unique operations. The first Starbucks opened in Seattle‚ Washington in 1971 and since 1987 Starbucks has
Premium Coffee Starbucks Coffeehouse
1. What is your Jung Typology profile? (ISTJ‚ ISFJ‚ INFJ‚ INTJ‚ ISTP‚ ISFP‚ INFP‚ INTP‚ ESTP‚ ESFP‚ ENFP‚ ENTP‚ ESTJ‚ ESFJ‚ ENFJ‚ ENTJ) ENTJ 2. What does your Jung Typology profile type indicate about yourself? (Refer to the TypeLogic or Know Your Type link) My profile indicated that I am a natural leader and that I stand up for myself whether it is with friends or through confrontation. It stated that i also enjoy the opportunity to organize and lead. 3. What is your primary learning style(s)
Premium Myers-Briggs Type Indicator Keirsey Temperament Sorter David Keirsey
GE Imagination Breakthrough Q : 1 What is your evaluation of Immelt’s new organic growth strategy? Why change GE’s existing successful strategy? Is it reasonable to expect that a $125 billion global giant can significantly and consistently outperform the underlying economic growth rate? What is your evaluation of Immelt’s new organic growth strategy? Answer: Immet’s new organic growth strategy is made up of following elements: * Technical Leadership – Immelt identified technology as
Premium Innovation