Published in Energy & Power category by MBA Skool Team
BP is one of the leading brands in the energy & power sector. BP SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of BP:
Above are the strengths in the SWOT Analysis of BP. The strengths of BP looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Cost of environmental hazards
Decline in production
These were the weaknesses in the BP SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
3rd largest energy company, 4th largest company in the world by revenues and one of the six oil and gas "supermajors"
Corporates, countries, individuals looking to fulfill energy needs
Enterprises looking for energy for production, people for petrol diesel for vehicles and domestic uses
BP's focus on meeting the growing demand for fossil fuels, manufacturing and delivering more advanced products, and enabling the material transition to a lower carbon future
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