BHP Billiton: Diversified Leading Global Resources Company

1804 Words4 Pages

Introduction: BHP Billiton is a diversified leading global resources company. BHP is world’s top producers of major commodities, including iron ore, metallurgical and energy coal, conventional and unconventional oil and gas, copper, aluminum, manganese, uranium, nickel and silver. The largest producer in the world, BHP Billiton Limited has reported a profit of $ 200 billion market with a market capitalization of more than (ASX BHP) recently in the six months to December 2013 announced a profit of $ 7.8 billion. The total net profit figure of BHP’s includes more than $ 140 billion since 1985 (King, 2014). BHP has various facts related to its development and growth in 2014; some of them are discussed below:
• BHP Billiton maintained a solid …show more content…

It is very difficult to imitate for each organization. It depends on various reasons: unique conditions of history, causally ambiguous and social complexity.
Organization: It is the firm that is organized in the way to exploit the resources effectively (Hanson, Hill, Ireland & Hoskission, 2011).
Importance of VRIO Framework:
Organization culture: It is a basic assumptions and beliefs that are shared by members of an organization, that operate unconsciously and define in a basic taken for granted fashion an organization’s view of itself and its environment (Johnson, Whittington & Scholes, 2011).
Value chain analysis: A value chain is linked set of value creating activities beginning with basic raw materials coming from suppliers, to a series of value added activities involved in producing and marketing a product or services, and ending with distributors getting the final goods into the hands of the ultimate consumers. (Hunger & Wheelen, 2011, p.59).
Value chain searching for the primary activities that are meant to perform a customer value. Its main purpose is to evaluate its competitor’s facilities that how effectively and efficiently they are providing services to its …show more content…

Analysis of organization by web site mentioned that average financial along with marketing and advertising reports to help consumers. Communication with investors could possibly be additional interactive apart from uncomplicated power points. BHP is a huge worldwide business resident and thus the organization profile must be superior. The company needs to improve and have an insurance policy for staff members so that they are made aware of the value of services along with working for BHP Billiton.
To be a company of natural assets BHP would be focused on environmentally friendly organizations. Even though the progress policy of company is actually clear, additional operate processes usually in public places to build a better circumstance intended for BHP business citizenship (Gordon,

Open Document