An Overview of Petronas

An Overview of Petroliam Nasional Berhad (PETRONAS) International Business MBA 6601-10H-5 ? 1. Provide a caller-up overview, and jeopardy on the countries in which the corporation operates. Petroliam Nasional Berhad (PETRONAS) is an oil company base in Malaysia. They provide products end-to-end the entire line of oil products. This includes exploration, procurement, cultivation and distribution of the product. Petronas operates in more than 20 countries including Argentina, Australia, Canada, India, Indonesia, Iraq, Singapore, southbound Africa, and Sudan. Petronas was launch in 1974 by the Malaysian government. The main goals of the company were to explore, erupt and produce crude(a) oil and graphic turgidity topically and abroad; the sale and transportation of liquefied cancel gas (LNG), and the sale of natural gas products; the trading of crude oil, natural gas, LNG, petroleum products and petrochemical products and the shipping and logistics req uired for these products (corporate profile, 2012). 2. Identify the types of market systems and types of well-grounded systems that exist in the countries where the corporation operates. What effect do these give way on the companys operations? The text describes the flock of various sound systems that exist throughout the world. The diversity of Petronas fight in many countries exposes them to each of these types of legal and market systems. For example, their thing in Canada, Malaysia and Singapore expose them to a free market system in free countries, turn at the like time, their business enterprises in Iraq and the central African countries expose them to closed markets and corrupt political systems (Daniels, Radebaugh and Sullivan, 2011). Each terra firma has a specialised way that business is to be conducted. These bureaucratic requirements can wee significant delays in conducting business. For example, when Petronas was purchasing make out Energy in C anada, they were required to wait for...If y! ou want to line a dependable essay, order it on our website: OrderCustomPaper.com

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