As a very large organization‚ BHP Billiton claims they have a social responsibility to positively contribute to the areas in which they operate. They make these positive contributions in a number of ways. This includes investing in their community programs‚ employees giving donations‚ personal time and expertise to their local communities‚ and by promoting fundamental human rights and the value of cultural heritage. BHP has a long-term commitment to sustainable development and has taken a collaborative
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BHP Billiton Limited Resourcing the Future BHP Billiton Limited Resourcing the Future M. Nazmul Amin Majumdar Shiab Khan (13164039) Sanzida Parvin (13164025) Tanzir Islam (13164087) Yaishi Zaman (12264035) Ahammed Riaz(13164009) Ahammed Riaz (13164009) BHP Billiton Limited Introduction BHP Billiton was created through the DLC merger of BHP Limited and Billiton Plc. which was conducted on 29 June 2001 BHP Billiton is a Dual Listed Company (DLC) Headquarter is located in Melbourne‚ Australia
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A Cost Leadership Strategy is based on the concept that you can produce and market a good quality product or service at a lower cost than your competitors. These low costs should translate to profit margins that are higher than the industry average. Some of the conditions that should exist to support a cost leadership strategy include an on-going availability of operating capital‚ good process engineering skills‚ close management of labor‚ products designed for ease of manufacturing and low cost distribution
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BHP Billiton This Case Study outlines how BHP Billiton uses effective human resources procedures to ensure long term success. It explains how the organisation communicates its vision and values to its people through the BHP Billiton Way and operates a program of continuous improvement. It also discusses the BHP Foundations for Graduates program. As a result of reading this Case Study students should be able to: * Explain the role of human resources in long term planning and success *
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Cost leadership Strategy Strategy used by businesses to create a low cost of operation within their niche. The use of this strategy is primarily to gain an advantage over competitors by reducing operation costs below that of others in the same industry. For example‚ The Swedish furniture retailer Ikea revolutionized the furniture industry by offering cheap but stylish furniture. Ikea is able to keep its prices low by sourcing its products in low-wage countries and by offering a very basic level
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BHP Billiton is known as the world’s largest diversified natural resources company.As one of world’s largest producers of major commodities‚ including aluminium‚ copper‚ energy coal‚ iron ore‚ manganese‚ metallurgical coal‚ nickel‚ silver and titanium minerals‚ and uranium along with substantial interests in oil and gas. BHP Billiton’s objective is to create long-term shareholder value through the discovery‚acquisition‚development and marketing of natural resources.As a global organization‚it has
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“perform different activities”. Cost leadership strategy Tiger airways has chosen the former it exploiting a cott leadership strategy. It has an integrated set of actions taken to produce services with features that are acceptable to customer at the lowest cost relative to that of competitors. Tiger’s costs structure foolows the shirt-haul low-cost model of Ryanair. It targets a broad customer segment and concentrates on finding ways to lower its costs relative to competitors by constantly
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Cost Leadership Cost leadership that attempt to become the lowest-cost producers in an industry can be referred to as those following a cost leadership strategy. The company with the lowest costs would earn the highest profits in the event when the competing products are essentially undifferentiated‚ and selling at a standard market price. Companies following this strategy place emphasis on cost reduction in every activity in the value chain. Ideally‚ low cost strategy is centered on the capability
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Definition: A firm pursuing a cost-leadership strategy attempts to gain a competitive advantage primarily by reducing its economic costs below its competitors. If cost-leadership strategies can be implemented by numerous firms in an industry‚ or if no firms face a cost disadvantage in imitating a cost-leadership strategy‚ then being a cost leader does not generate a sustained competitive advantage for a firm. The ability of a valuable cost-leadership competitive strategy to generate a sustained
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1. Cost Leadership In cost leadership‚ a firm sets out to become the low cost producer in its industry. The sources of cost advantage are varied and depend on the structure of the industry. They may include the pursuit of economies of scale‚ proprietary technology‚ preferential access to raw materials and other factors. A low cost producer must find and exploit all sources of cost advantage. if a firm can achieve and sustain overall cost leadership‚ then it will be an above average performer in its
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