Macro Environment Analysis for Otto Marine
Otto Marine’s performance in the recent past draws a lot from the developments within its macro environment. For instance, there have been increasing uncertainties in the context of the global economic environment as well as changes in the offshore oil and gas industry which is the major market Otto Marine’s business strategy is based on. Macro environment analysis has always been a core activity in strategic planning since its provides the management of a company or even competitors with a detailed and reliable overview of the possible opportunities or threats that the business is currently experiencing or is likely to exercise as a result of the macro environment. As one of the key factors influencing
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The most recent global financial crisis and its aftermath have continued to affect Otto Marine’s business quite severely. Further, the uncertainties in the global economic outlook coupled by uncertainties about natural calamities largely associated with the changing climatic patterns due to global warming such as tsunamis and unfavorable weather have been a big issue for Otto marine’s business in this recent past. Worsening economic performance has had great implications on the global order book for the last few years and this has in turn been impacting negatively Otto Marine’s business especially in regards to its shipyard, offshore chartering, geophysical and leasing segments (Hellenic Shipping, 2009). Following the increasing global financial and economic uncertainties chartered by events such as the 2008 financial crisis and the recent Euro crisis among others, there has been an unwarranted growth in the overcapacity of shipyards including an excessively huge supply of fleet than the market demand. This is because the decline in economic performance during these events affected the global demand of ships and boats as well use of shipyards, a decline in offshore chattering activities and offshore explorations, all of which have been an important source for Otto Marines profitability over …show more content…
There have been international conventions, known as protocols aimed at finding a consensus regarding national and international efforts to reduce consumption of oil and gas as well as other products that are energy intensive. Each participating nation is required meet certain minimum requirements on carbon footprints or compensate for extra carbon foot print it generates above the set limit. Country’s therefore have laws governing the extent of carbon emissions related to a given industry or organization (World Bank, 2012). Further, there is mandate for every nation to play part in greening efforts by committing certain portion of resources to research and development in cleaner, environmental friendly and green energy sources. Otto Marine is usually involved in the building of specialized offshore support vessels and specialized offshore services operations which majorly support operations in the oil and gas industry. Specifically, Otto Marine serves several major dealers in international oil and gas markets in many offshore endeavors and who as a result of the growing focus on alternative sources of energy, have seen a sharp decline in their operations in oil and gas exploration and
4. The Micro Environment – ??? To determine the best strategic position, it would be essential to understand the landscape of UPS is situated in. Hence, Porter’s five forces analysis is performed to comprehensively discuss the logistics industry in the European Union.
History of IRobot: Frist of all, I am going to give an introduction about IRobot Company and when this company found. So, this company was found in 1990 by Bodeny Brooks, Colin Angle and Helen Greiner after working in Massachusetts Institute of Technology (MIT) Roboticists. IRobot’s corporate headquarters are located in Bedford, Mass, the company also has offices in California, the United Kingdom, China and Hong Kong. Also, IRobot has sold more than eight million house Robots.
The pumps that the Wilkerson company produces are the “bread and butter” of this company. These products are produced at a high rate with a high price competition. As stated earlier, due to the severe price cutting by the competitors, the pre- tax margin of the company dropped extremely low to 3% percent and gross margin to 19.5%. Another product that the company produces are valves. The valves have remained steady around its planned gross margin of 35% with actual of 34.9%; these products are sold and shipped in huge bulk.
Exxon Mobil and the Chad-Cameroon Pipeline 1. Is this an attractive opportunity for Exxon mobile? Considering the financial perspectives of the project, the project was bound to create huge revenues for all the parties involved in the project. According to World Bank, this project would create a revenue of $2billion for Chad and $500 million for Cameroon.
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2.0 Introduction to Boots Boots UK Limited is a pharmacy chain operating in United Kingdom and Ireland which sells health and beauty products along with operating an optician service. It was first established in 1849 by John Boot, and was formerly known as ‘Boots the Chemist’. Boots ( the trading name of the company) has achieved many successes throughout its career that it can be called a very successful, pharmacy-led health and beauty company, despite its ups and downs which are going to be mentioned further in this assignment. Boots UK is officially branch of a multinational company, Alliance Boots GmbH which operates in over 25 countries around the world.(Boots-uk.com, n.d.) 3.0 Current Marketing Situation Boots is a member of Alliance
Many laws, and restrictions have been passed over the last few decades, restricting manufactures to specific requirements for their emissions, vehicles in general, and even the gasoline that they run on, with requirements for detergents and such,. Unfortunately, it is claimed that these systems don’t have big enough impact on lowering the environmental problem, due to the amount of vehicles out there. Luckily, since electric vehicles are becoming more affordable, practical, and appealing, the amount of problems associated with the amount of claimed pollution will
L.L. Bean. Inc Item Forecasting and Inventory Management Executive Summary L.L.Bean, Inc. has been a trusted source for quality apparel, reliable outdoor equipment and expert advice for over 100 years. Founded in 1912 by Leon Leonwood Bean, the company began as one-man operation. With L. L.'s firm belief in keeping customers satisfied as a guiding principle, the company eventually grew to a global organization with annual sales of $1.56 billion. The company headquarters are in Freeport, Maine, just down the road from the original store.
Jan 2010 - Jan 2012 MAERSK DRILLING | www.maerskdrilling.com Maersk Discoverer 6th Generation Deepwater DP2 MODU Senior Electrician & Electronic & Instrument Technician Maersk Drilling supports global oil & gas production by providing high-efficiency drilling services to oil and gas companies around the world. Maersk Drilling seeks to become a significant and stable contributor to the APMM Group by developing and growing their business within the ultra deep-water and ultra-harsh environment segments. Key Duties: • Maintenance, operation and safe isolations of the HV power generation and distribution. • Maintenance and maintaining compliance of all EEHA equipment to IEC regulations.
Mission of Dacia The primary mission of Dacia is to support its mother company Renault to enter new markets by taking over production and sales in different global markets. In addition to that, Dacia sees itself as an innovative company which is focussed on providing best products at affordable prices. Recently, the company in alignment with its mother company Renault has been pushing to reduce the environmental impacts of automobiles. The program ‘RABLA’ has be initiated to facilitate this goal of the company.
4.4.1.1 Environmental Evaluation of SINTEF-BP Concept Cold flow concept generally promises positive effect on the environment and humans as it reduces the need for usage of chemicals (Larsen et al. 2003). With cold flow technology, it is also possible to transport the subsea production stream directly to shore, thus elimination of surface piercing structures (for example; production risers, production platforms like tension leg platform (TLP), fixed bottom platform, and Spars) that may influence the environment is possible as well. Environment can be affected if hurricanes occur and destroy the production risers which can result in pollution. Furthermore, this can result in the reduction in the number of people needed for deepwater offshore operations and less disruption of wildlife (Larsen et al. 2003).
Porter’s five forces interact to shape the competitive landscape facing port authorities and port service providers. The 5 forces are stated below; 1. The rivalry among existing competitors 2. The threat of new competitors 3. The potential for global substitutes 4.
In the Oil & Gas Industry the competition is significantly intensive, with the market being ruled by big giants such as Exxon Mobil, Total, ConocoPhillips, British Petroleum, Chevron and the Royal Dutch Shell etc. Appendix A shows the market values of these super majors. The market is over ruled by three different types of players. 1.
According to iRami (2012) stated that the shipping plays an important role in world trade which is the backbone of the world economy. Recently, without these boats and vessels provide transportation services, many countries will be unable to participate in world trade and will not be as prosperous. From centuries past, the sea has always been important to all country at the world which as an important factor of economic development of every maritime country. The maritime sector contributes significantly to the economic development. Underling this is the fact that 95% of the country international trade is carried in whole or in part by maritime transport.
Regal Marine’s Mission The Company’s mission is to get their product lowering costs through marketing strategies with suppliers and with the highest possible quality. Regal Marine is a company where design, technology and business strategy are equally important to achieve its goal, increase sales and gain customer satisfaction. Strengths: 1. The company has position itself in super boat market where it specialized in the luxury performance boats 2.