BP and Globalization

BP and Globalization - BP and Globalisation Globalisation...

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BP and Globalisation Globalisation is the linking of markets and economies, regardless of international borders and boundaries. It concerns economic, political, social and environmental factors and the way in which they combine to promote and accelerate international trade. British Petroleum (BP) is an excellent example of a global company. The organisation has operations across all six continents and their products, ranging from motor oil and petroleum to aviation fuels, are available in over 100 countries worldwide. As BP extracts and refines their own oil and then distributes and retails the resulting oil products, the company directly employs people in every country in which they operate. Partnerships with foreign companies have allowed BP to become a global company. A recent plan to develop one thousand outlets in China, in conjunction with Petrochina and Sinopec, was scheduled to be completed by the end of 2007. This would result in China being one of BP’s major retailing operations and is an excellent piece of evidence proving that BP is a global
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This note was uploaded on 02/10/2012 for the course MGT 101 taught by Professor Staff during the Fall '10 term at Texas State.

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