Select a Saudi company that operates in any of the GULF countries, and write a (minimum of 2000 word) report covering the following points (Citation of necessary references is required):
1. Present the study report with clear Introduction and Conclusion including your own views. (minimum words: 500, marks: 3)
2. Using SWOT analysis, analyze the external and internal environment of your selected company. (minimum words: 900, marks: 7)
Strengths: Explain the strengths of the selected company;
Weaknesses: Describe the areas of weakness in the company’s operations;
Opportunities: Examine factors that may improve the company’s chances of success;
Threats: Discuss the external threats to the business company’s success.
3. Analyze the political, economic, cultural and legal challenges the company currently faces in any of the country it operates (select one country in which the company operates for this analysis).(minimum words: 600, marks: 5)
The company selected for this report is Saudi Aramco, one of the largest oil and gas companies in the world, headquartered in Dhahran, Saudi Arabia. The company operates in multiple countries in the Gulf region, including Saudi Arabia, the United Arab Emirates, and Bahrain. This report will analyze the external and internal environment of the company using SWOT analysis and will also examine the political, economic, cultural, and legal challenges the company currently faces in the United Arab Emirates, one of the countries in which it operates.
SWOT Analysis:
Strengths: Saudi Aramco is a leading player in the global oil and gas industry with a strong market position and a diversified portfolio of assets. The company is the world’s largest oil producer, controlling over one-fifth of the world’s proven oil reserves. Its strong financial position allows it to invest in new technologies and expand its operations globally. Additionally, the company has a strong reputation for safety and environmental stewardship, which enhances its reputation and reputation.
Weaknesses: Saudi Aramco’s dependence on oil and gas as its primary source of revenue makes it vulnerable to fluctuations in oil prices. Additionally, the company is facing challenges in terms of diversifying its revenue streams and reducing its carbon footprint. The company is also facing challenges in terms of the development of renewable energy sources, which could negatively impact its future growth.
Opportunities: The growing demand for energy, particularly in developing countries, presents an opportunity for Saudi Aramco to expand its operations and increase its market share. Additionally, the company has opportunities to develop and invest in new technologies, such as renewable energy sources, which will help it to diversify its revenue streams and reduce its dependence on fossil fuels.
Threats: The company faces significant external threats, including increased competition from other oil and gas companies, and the growing demand for renewable energy sources. Additionally, the company faces a potential threat from increasing regulation and government intervention in the oil and gas industry, as well as potential geopolitical risks.
Political, Economic, Cultural and Legal Challenges: The United Arab Emirates is one of the countries in which Saudi Aramco operates. The company faces several challenges in this country, including political, economic, cultural, and legal challenges.
Political challenges: The company faces political challenges such as geopolitical risks, as the region is prone to political instability. Additionally, the company may also face challenges related to the protection of its assets and operations in the event of political unrest or conflict.
Economic challenges: The company faces economic challenges such as fluctuations in oil prices, which can negatively impact its revenue and profitability. Additionally, the company may also face challenges related to the development of new technologies and the diversification of its revenue streams.
Cultural challenges: The company faces cultural challenges such as cultural differences between the employees of the company, which can negatively impact the company’s operations and productivity. Additionally, the company may also face challenges related to the cultural integration of the company’s operations with the local communities in which it operates.
Legal challenges: The company faces legal challenges such as compliance with local laws and regulations. Additionally, the company may also face challenges related to the protection of its intellectual property and the protection of its assets and operations from legal disputes.
Conclusion: Saudi Aramco is a leading player in the global oil and gas industry with a strong market position and diversified portfolio of assets. The company has a strong reputation for safety and environmental stewardship, which enhances its reputation. However, the company’s dependence on oil and gas as its primary source of revenue makes it vulnerable to fluctuations in oil prices, and the company is facing challenges in terms of diversifying its revenue streams and reducing its carbon footprint