Organizational Culture

Organizational structure

Corporate strategy

Porter’s 5 forces

1. Analyze The Five Forces Acting On Bp. Which Of Them Appear To Bring The Greatest Threat To The Company?
Threat of new entrants (High)
The threat of new entrants in the oil industry is strong. BP is a market leader, but the strong growth of the industry, combined with the low costs and easy access to buyers are tempting for new comers.

Buyer Bargaining Power (Moderate)
Needs of consumers are high and there are no substitutes of motor fuels. That indicates a low degree of buyer power. Even though the brand awareness is high, because of the extreme budgets for marketing and advertisement of oil companies, brand loyalty is low. Product differentiation is low. Considering the many existing players on the market, this makes the buyer bargaining power moderate.

Supplier power (high)
Considering the large size of suppliers, the number of suppliers, and the switching costs for the independent retailers, we indicated that supplier power is strong. The leading corporations are large and they do everything from the fuel supply chain. There is a high degree of forward integration within the industry.

Threat of substitutes (low)
Threat of substitutes of oil at the current moment is really weak mainly due...