Wednesday, May 1, 2019
Business-Level and Corporate-Level Strategies Essay - 8
Business-Level and Corporate-Level Strategies - seek ExampleThis paper will discuss the business level and corporate level strategies Eni SpA apply to remain competitive in the ever-changing petroleum industry.Business level dodge is a arrange of commitments and actions a partnership takes to provide good value to customers thereby gaining a good reputation (Ireland, Hoskisson and Hitt, 2011). This whitethorn include establishing niches and product improvement to add value to already existing products and services. A supremacyful business level strategy has to consider the five Ws where, who, when, what and how v. At first, the organization has to determine its clients, the goods and services the client needs, how to communicate the best products and services and the competitors price for the same products and services (Ireland, Hoskisson and Hitt, 2011).Eni SpAs business level strategy is fair pricing and consistency of products. In that regard, Eni had to invest in explorati on of oil resources across the gentlemans gentleman (Maloney, 2012). This would allow Eni to provide petroleum products to its customers throughout. The company was successful in getting some oil militia in Kazakhstan, Libya and Congo. The oil field Eni SpA struck in Kazakhstan is probably the largest old field the company has ever struck (Maloney, 2012). However, the numbers of oil fields are dwindling by the day. As such, the success rate of getting a good and productive oil field is challenging. With that knowledge, Eni had to acquire oil companies in other countries. This would guarantee Enis ability to meet the customers demands and expectations (Maloney, 2012).Eni SpA has also focused on the changes in the market dynamics as a business level strategy. In this case, Eni SpA determines whether there are any risks to the business environment in the future (Maloney, 2012). Currently, Eni SpA noted the shift from fossil fuels is gaining momentum. This is potential
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