Shell Global Shell's Global Positioning

Shell's Global Positioning

Shell is one of the world leading energy and petrochemical company that operates in more than 90 different countries (shell.com, 2010). Shell's main business strategy is to reinforce their position as a leader in the gas and oil market, to maintain a competitive edge and increase shareholder wealth. The company is also interested in meeting the global demand for energy in a responsible and safe manner. Shell's mission is "to enhance profitability through innovative management strategies while ensuring cost effectiveness and harnessing creative ideas" (Shell.com, 2010). Shell shares the values of safety and protecting the environment. The organization continues to invest money into making their product safer for the environment and everyone involved with the product. In 2010 Shell invested $1 billion in investment and research, to create a better product. The main value of the organization is...

In addition to their gasoline sales, the organization offer other services such as credit card service, and provide differentiated fuels to different countries based on need. They also sell other products such as oils and lubricants. Shell is a profitable organization; the company reported $368.1 billion in revenue in 2010.
Changes in Supply and Demand

Changes in demand for gasoline directly influence the changes in the supply of gasoline. As demand increases the price of gasoline also increases. Changes in supply are also related to the oil companies' decision to increase profitability. Oil companies will usually increase their prices as customer demand increases, as a means of increasing profitability. Oil companies can also increase their prices if there are unexpected financial costs such as oil spills. These are all factors that can change the supply of oil. Changes…