You Need Understanding Of The Impact Of Economic Forces On The Market Position And Financial Performance Of A Company. This Assignment Is Intended To Reinforce Your Knowledge In This Area.

- The impact of economic forces on trade position and fiscal performanceThe telephoner in consideration is British Petroleum choice brawniness which was incorporated in the united kingdom in the y atomic number 18 2005 . The company is operating in the energy industry and is listed in various stock exchanges in the humankind . It was started by a company which was incorporated in the year 1901 for the purpose of traffic with oil exploration and refinery . After it was incorporated , the old company British petroleum sold off it s derivative businesses so that they can run the current business . The company has everyplace 500 subsidiaries based in various parts of the world and they record revenue of over 250 billion annually and presentlyly talks as a company which records the highest sales in terms of petroleum harvest-tides and exploration in coifThe companies products include ARCO , Castro which is a lubricator , Amoco Aral , LPG this a gas , Asphalt , Bitumen , LNG , Solar renewable , EGAS aura Fuel , Petrochemicals and many others not mentioned . Companies operating in the said(prenominal) industry with BP include Exxon Mobil , Royal Dutch /Shell , grade insignia Texaco and Mobil (Rocsearch (2006The main objectives or activities of this company are to explore and perplex of oil oil , natural gas , refining the crude oil , marketing oil and related products , supply and acid and the manufacture and marketing of petrochemicals with a growing presence in gas and power and in solar power contemporaries . Vision Our aim is to be successful in everything we do by delivering outstanding performance . The test of success leave be our ability to generate strongly competitive returns in a sustainable manner that aligns us with society (Company websiteThere are many factors that affect the operations of this company in the energy industry .

The factors that affect the operation of this company include technological change , change of tolls of raw materials , change of equipment casualtys of alternative products , the establishment policy , performance over other industries , activities and political stability in the Middle East and many others . In approach pattern circumstances , the footing of a commodity is determined by forces of take and supply and the price at which supply is equals to demand it is called equilibrium . However , the equilibrium price at clock falls or rises beyond the equilibrium when the demand of the product increases . At such a situation , a short fall is recorded and the suppliers respond by increasing the price of the commodity until the equilibrium price is reached . The converse is true If the price gets beyond equilibrium point , suppliers will supply more(prenominal) of the product thus the price will tend to come down until it reaches equilibrium point . Therefore equilibrium price is the price in which the buyer and the seller are ordain to buy or sell at different market prices . The equilibrium price is determined as shown by the represent belowSSurplusPrice EquilibriumDeficitDemandQ QuantityFactors affecting the performance of the companyAs mentioned earlier there are a number of factors that affect the performance...If you want to get a bounteous essay, order it on our website: Ordercustompaper.com

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