Introduction
BHP Billiton is the most successful company throughout the world by using unchanged strategies in their business. They have a strategy to operate large, low cost, expandable, and upstream commodities by using raw materials, geography, different assets and market, which give them a superior marginal costs throughout economic and commodity cycles for several years. They put the security of their workers first and supporting them by providing various facilities (see appendix 1). Their diversification makes the easy cash flow system by reducing the exposure to any one commodity and give for more identifiable and great financial performances. To become more successful BHP have heaps of human resources or workforce which reflect their values and communities. They have aim to recruit and attract other people who make their organization successful and thrive on working in teams and going to their extra miles to give their best. Moreover, they are committed to meet the changing needs of their customers. They have world class portfolio of growth option that will make them able to plan for a short term and long term goals and continuing them to create value for their shareholders which BHP more powerful (BHP Billiton, 2014). By using these all measures BHP Billiton kept its solid position in the nine month period till the end of March 2014 with the record of production attained for four items and at 10 operations. In aggregate, processing expanded by 10% for throughout the period what's more is required to develop by 16% over the two years to the end of the 2015 fiscal year. For further development BHP having a plan to start new projects where they pursuing a higher rate of returns on incremental investment and increasing inter...
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... issues, what should be our priorities etc.
Appendix 1: Occupational illness incidence of BHP
30 June at the end of year 2013 2012 2011
Noise ( hearing loss) 10.2 19.4 20.7
Musculoskeletal 24.8 20.7 17.4
Other illnesses 12.9 7.0 5.4
Total 47.9 47.1 43.5
Source: http://www.bhpbilliton.com/home/investors/reports/Documents/2013/BHPBillitonAnnualReport2013.pdf
Appendix 2 and 3: Financial performances of BHP and Rio Tinto
RIO 2006 2007 2008 2009 2010 2011 Average
Net Profit Margin 32% 25% 19% 15% 25% 26% 23.67%
Asset Turnover 66% 29% 60% 43% 50% 50% 50%
Financial Leverage 178% 385% 399% 211% 172% 202% 258%
BHP 2006 2007 2008 2009 2010 2011 Average
Net Profit 31% 34% 26% 22% 24% 30% 27.82%
Asset Turnover 67% 69% 78% 64% 59% 70% 68%
Financial Leverage 198% 194% 194% 193% 180% 178% 190%
Source: http://seekingalpha.com/article/465741-bhp-billiton-vs-rio-tinto
• Qantas had to make an increased profit and pay a dividend to its shareholders which increased over the years of management
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