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Essay / Research Paper Abstract
This 16 page paper examines the strategic approach of this major oil producing and refining company The writer looks at the market positions, the use of economies of scope and scale, the development of emergent strategies and the structure of the company. The writer undertakes this paper by considering the academic theory and then applying this to the company. The bibliography sites 15 sources.
Page Count:
16 pages (~225 words per page)
File: TS14_TEaramco.rtf
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Unformatted sample text from the term paper:
important due to its high usage in any business. If we consider the companies that operate in this sector many can be seen as powerful, however, one of the stringer
companies is the Saudi Arabian company of Saudi Aramco. If we look at the company and the complex way in which it operates we can consider the strategic management of
the company. To undertake this and undertake any research into a company we need to adopt a two stage approach. The first is to consider the academic models of
strategy, the second stage of the resech is to apply information found out about the company to the models we have identified in terms of strategic management to identify the
strategic management style of the company. When we consider this company we also need to have some background to the company, understanding that it is very large, with
both a high level of output, but also in a very privileged position being the only supplier to oil to some smaller economies. The company is also powerful enough for
changes in the company itself to effect the industry as a whole, operationally as well as in the stock markets (Haider, 20002). The company may also be seen as one
that has the highest level of oil reserves, with an estimate of 280 billion barrels (Haider, 20002), despite this the company still actively looks for and develops new oilfields, such
as the recently found three oil and gas reserves found near Ghawar (MEED Middle East Economic Digest, 2002). This may be seen as indicating the culture and strategy of the
company, Here the company appears to wish to be a dominant company. If we look at the structure of an industry there are several positions a company may choose to
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