An Overview of Petronas

An Overview of Petroliam Nasional Berhad (PETRONAS) International Business MBA 6601-10H-5 ? 1. Provide a fraternity overview, and luck on the countries in which the corporation operates. Petroliam Nasional Berhad (PETRONAS) is an oil company base in Malaysia. They provide products throughout 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, reciprocal ohm Africa, and Sudan. Petronas was launch in 1974 by the Malaysian government. The main goals of the company were to explore, erupt and produce raw oil and graphic flatulence topically and abroad; the sale and transportation of liquefied indwelling 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 modify 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 legal 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, trance at the like time, their business enterp rises in Iraq and the central African countr! ies expose them to closed markets and corrupt political systems (Daniels, Radebaugh and Sullivan, 2011). Each plain 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 mount up Energy in Canada, they were required to wait for...If you want to go through a dependable essay, order it on our website: OrderCustomPaper.com

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