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.
Briefly identify the level of international marketing involvement (see text) of each of these firms. Provide rationale to support your answer.
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.
funds. This topic is one that gets to me the most. I know that the laws set in place
Westpac and St. George have recently merged as a $16.3 billion group3, making it the largest provider of home lending with a market share of 25% and also Australia's largest wealth platform provider with funds under administration of $108 billion. The merge would create Australia's leading financial services company for customers, shareholders and employees with a AA credit rating complemented by a larger balance sheet and greater access to funding4. Both organizations are proven to be successful businesses with strong branding and most importantly, complementing cultures. Under the proposed merger, St. George's operating model will be preserved and when combined with additional attractive merger terms, is expected to maximize value for customers, shareholders and employees over both the short and long term. Westpac believes that the respective brands would be better able to compete and flourish by belonging to the same larger, stronger entity.
wealth and money by what they did or what there doing at the moment. The people in the west
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,
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).
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
money. From this we get the idea that they are poor and always need a
engines, axels and the like - sits not in Detroit, Tokyo or Stuttgart, but in the
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.
Food is able to provide them with more money and better offers than big business
... 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.
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.
Weekly Corporate Growth Report, “Price Waterhouse and Coopers & Lybrand to Merge.” http://findarticles.com/p/articles/mi_qa3755/_is199709/ai=n8768518 (5 Apr. 2008).