BHP Billiton is a global leader in mining and resource companies with around 100,000 employees in over 25 countries worldwide.BHP was founded in 1885 as the broken hill proprietary company having three main operations such as minerals, petroleum and steel. In case of minerals and petroleum market it includes the production of iron ore, copper, nickel, silver, diamonds, oil and gas and other natural resource. It also produces other services like transport and logistics, corporate services, strategy and legal.
In The Hague,Netherlands Billiton PLC was formulated in 1860 where it started its first extraction. Earlier focus of this company was on tin mining in Indonesia on the Island of Billiton. Then in 1997 it will joins the membership with FTSE (Financial Time and The London Stock Exchange) 100 index.
Some of the main conditions of the market prior to the merger were:
• The global financial markets have been more selective.
• Customers and consolidation have become much more effective.
• The uncertain financial situations with most major economies in the world.
• Faced with a period of slow or no growth.
Prior to the emerging, BHP Billiton is among the world's largest producers who engage in the production of zinc aluminium, copper, manganese, iron ore, uranium, nickel, silver, oil, gas and titanium.
For further expansion of organization it opened two new mine companies:
• Queensland, the Canning ton silver, zinc, lead, crinum coal mine and
• Canada, the Ekati Diamond Mine.
Then BHP was formed a dual listed company in JUNE 29, 2001 as a result of consolidation between two companies broken hill proprietary (BHP) and BHP (PLC). Thereafter it becomes a one of the world's biggest diversified resource companies. Its main ...
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...companies who are competing with BHP in steel industry are:
Arcelor Mittal
Nippon Steel and Amp
JFE Holding inc
Tate Steel Europe Company
Arcelor Mittal and POSCO are the two main companies who are running with same market approach
and market capital value is 24.97B and 20.70B.
CONCLUSION:
In a nutshell, it can be said that BHP can be evaluated by using the several methods; it includes
PESTEL analysis which allow measuring the external environmental factors, whereas
ENVIORNMENTAL scanning helpful to know about the strength and weaknesses of BHP. Moreover,
STRATEGIC GROUP MAPPING technique describes that BHP is holding the highest position in the
market and also illustrate about close and distant rivals. However, they are not only meant to earn
money, but putting emphasis on the growth and development of their local communities as well.
Beginning with duty to the community, this is something that is clearly evident within their society. From a broad perspective, this is an idea that lays the foundation for how they built
Competitive rivalry examines how intense the competition currently is in the marketplace, which is determined by the number of existing competitors and what each is capable of doing. (Arline, 2015).
funds. This topic is one that gets to me the most. I know that the laws set in place
Exxon Mobil is a great example of a corporate giant. It all started in 1870, when JD Rockefeller founded U.S. Standard oil a company that will go on to be the most profitable in the world. In 1911 the company split up into 34 different companies, amongst these companies was Vacuum oil company that will later be called Mobil Oil and Jersey Standard which was renamed to Exxon corporation. In 199 the two companies decided to work together again, this was the birth of Exxon Mobil.
Briefly identify the level of international marketing involvement (see text) of each of these firms. Provide rationale to support your answer.
Westpac began trading on 8 April, 1817 as the Bank of New South Wales. In the year 1982, the then Bank of New South Wales merged with the Commercial Bank of Australia, naming it as it is today, Westpac Banking Corporation. Westpac has branches and affiliates throughout Australia and New Zealand, contributed by merges throughout the previous years, and the Pacific region, and key financial centres around the world including London, New York, Hong Kong and Singapore. As at 31 March 2008, Westpac Group had a workforce of approximately 29,000 people around the globe and Westpac Banking Corporation had global assets of $402 billion1.
money. From this we get the idea that they are poor and always need a
wealth and money by what they did or what there doing at the moment. The people in the west
... organizational structure that needs to be maintained for its operations in Australia. As the suggestion has been of total ownership thus span of control is needed and these factors have been discussed in this report to illustrate how effective the organization can be in Australia.
Halliburton managed to crack the Fortune 100.According to Fortune 500, Halliburton rank is 96. However, previous year it was ranked 103. It appears the energy industry's oil woes just took a little bit longer to catch up to Halliburton,
Potential of new entry into the industry: A company 's power is also affected by the force of new entrants company into the market. Well established
Food is able to provide them with more money and better offers than big business
Walmart was created by a man named Sam Walton in 1962. Walmart was founded on the belief to offer reasonable prices and great service in one place. The employees are nicknamed “Walmartians” which makes them stands apart from any other company. This culture is accountable for a company of this magnitude to be able to endure an innovative spirit decade after decade. Walmart has been connected with the achievement of other companies over the years. They also have many lawsuits, overtime policies violations, and been held accountable for thrashing other companies.
Performance management is a management tool used to value, monitor and measure a company’s strategies that ensure the efficiency and effectiveness of its product delivery. This management tool does not focus on the organisation and on its employees as well as stakeholders. It is a continuous process that entails that managers make sure that organisational and employee values are corresponding (Aguinis, 2005,p.1/2-1/5). Performance Management brings about the competencies in the employees, increases self-esteem by giving feedback to employees, there is a low number of lawsuits because it helps understand the company better (eThekwini Municipality, 2008,p.10-11). According to Pride, Hughes and Kapoor (2011, p.288) performance management creates motivation for employees; one theory of motivation is of Expectancy, which stipulates that employees satisfaction is driven by expectations of what an organisation will offer in return.
Although many think of the firm as American, its origins can be traced to the United Kingdom. Price Waterhouse’s beginning started in 1849 when Samuel Lowell Price opened his accounting practice in London. In 1865, Price joined forces with fellow Brits, Holyland and Waterhouse. They renamed the firm Price Waterhouse & Co. Similarly, Coopers& Lybrand started in the United Kingdom, when William Cooper opened his firm in 1854; it was later known as Cooper Brothers. In 1957, three firms, Cooper Brothers (U.K.), McDonald, Currie, & Co. (Canada), and Lybrand, Ross Brothers, & Montgomery (U.S.) merged to form Coopers & Lybrand. Price Waterhouse and Coopers & Lybrand were both extremely successful from the 1960s through the 1980s, adding to their menu of services and expanding internationally. In the early 1990s, a wave of consolidation in the professional services industry driven by potential synergies and economies of scale led to the merger of Price Waterhouse and Coopers & Lybrand. Thus, Pricewaterhouse...