BP Company

BP Company

Introduction

BP Company is one of the world's largest oil companies and it has a clear mission of delivering competitive returns by applying their unique capabilities to a different set of assets. The main activities of BP Company are the extraction and production of natural gas and crude oil. In addition to these, some of the other significant functions of BP Company include manufacturing, refining, marketing, transportation and supply of petrochemicals (Bergin, 2011).

Size and Structure of the Company

Bp Company is one of the largest oil companies in the world, so the structure and size contributes to the business of the organization to a great extent. BP Company has a great number of employees in the organization distributed in different departments to maintain and continue healthy business activities throughout the world. BP Company involves around 80,300 employees operating in 100 countries over six countries. It was also considered by the organization to have a well designed organizational structure to manage such a huge and diversified workforce all over the world.

The organizational structure of BP Company is very well designed demonstrates exactly which individuals would be involved in taking which decisions for the betterment of the organization. The organizational structure of BP Company primarily consists of a chairman followed by a board. This board consists of executive directors, non-executive directors, board committees, and chairman's committee, nomination committee, audit committee, environment and ethics assurance committee and remuneration committee (Bergin, 2011). This is the organizational structure of the BP Company, and each committee and department is responsible to manage their operations effectively and report to the immediate supervisors or managers.

Internationalization of BP Company

The objective of BP Company to internationalize was to become the leader among the Russian oil companies and become a world class company. The requirement of internationalization arose because of the ...