Business Environment Essay Example | Topics and Well Written Essays - 5000 words

Business Environment - Essay ExampleAlthough the organization is head capitalized and enjoys a global presence, its reputation has constantly been at stake following several fines related to environmental pollution and inadequate maintenance of equipment and facilities. The company has also been accused of ranking poorly in terms of upholding human rights according to some quarters. In view of the companys business environment, it may surface be concluded that the company has a bright future although it needs to make certain adjustments to overlay achieving astronomical growth. The research and findings of this report are based on information drawn from a cheat of reputable secondary sources including the companys website.BP Oil Limited, formerly known as British oil color Incorporates, is a private limited company whose country of origin is the United Kingdom (British Petroleum, n.d). Incorporation on 20th December, 1947, the company has been in existence for close to 63 years and has achieved significant growth economically and in terms of global presence. With its headquarters located in St Jamess, London, BP Oil Ltd ranks among the largest privately own energy corporations globally.In fact, the company is among the six supermajors as it deals in natural gas, oil exploration, and marketing of oil products. The multinational organization is currently listed on the London Stock Exchange and features among the 100 most exceedingly capitalized companies in the United Kingdom (FTSE 100) (British Petroleum, n.d). Its capitalization was approximated at 119,039 million Euros as of October, 2009.As a solving of the merger between BP Plc and Amaco in 1998, the company has continued to sell Amoco brands in the United States to-date. This is primarily collect to the fact that Amoco gasoline brands have been rated by consumers as among the best in the market for close to 16