Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
It succeeded only by re-focusing during the 1990s on its core business: chemicals, the construction of chemical plants, and chemical-based products such as plastics and fertilizers" (emphasis added) (1236).
External Environment
Notwithstanding the potential positive outcomes that could be realized through the company's full range of business segments, it is clear that its chemicals segment will continue to drive the company's success in the future -- if the company's leadership can continue to focus on what the company does best and improve the company's image in Europe and North America. The economic potential of the chemicals industry in the near future is bright, as can be discerned from increasing trade figures between the European Union and the United States in recent years (Dando 33). As this authority emphasizes, "Clearly, the chemical industry is crucial to the well-being of modern industrial societies. Moreover, the worldwide demand for chemicals grew from a level of $1,500 billion in 1996 to $2,400 billion in 2010" (Dando 33). Moreover, innovations in biotechnology are expected to provide more cost effective methods of manufacturing chemicals in the near future as well as the use of combinatorial chemistry and computer modeling to produce new types of chemicals that can eliminate the disadvantages and improve the respective strengths of different chemicals (Dando 33). In this regard, Dando suggests that the pharmaceutical sector will likely experience phenomenal growth in the developed world as populations continue to age and the need for pharmacological...
In sum, this analyst concludes that, "Obviously, the opportunities provided by the biotechnology revolution are producing a massive restructuring in this industry as it inclines more towards the life sciences and away from traditional chemistry" (33). Therefore, to the extent that BASF identifies these trends and focuses its research and development efforts on "the next big thing" will likely be the extent to which the company continues to model the way for others.
Works Cited
'BASF SE.' (2011). Yahoo! Finance. [online] available: http://biz.yahoo.com/ic/41/41755.html.
'BASF -- the Chemical.' (2011). Indeed. [online] available: http://www.indeed.com/cmp/Basf
-the-Chemical.
Dando, Malcolm R Preventing Biological Warfare: The Failure of American Leadership. New York: Palgrave, 2002.
Higgins, Richard B. The Search for Corporate Strategic Credibility: Concepts and Cases in Global Strategy Communications. Westport, CT: Quorum Books, 1996.
Markowitz, Gerald and David Rosner. Deceit and Denial: The Deadly Politics of Industrial
Pollution. Berkeley, CA: University of California Press, 2002.
Simonian, Haig. (2008, September 15). "BASF follows trend of integration." Financial Times.
[online] available: http://www.ft.com/cms/s/0/daeeb746-8349-11dd-907e-000077b07658.html#axzz1JIcF7FBA.
Strikwerda, Carl. (2006). "German Industry and Global Enterprise, BASF: The History of a Company." Journal of Social History 39(4): 1235-1237.
Works Cited
'BASF SE.' (2011). Yahoo! Finance. [online] available: http://biz.yahoo.com/ic/41/41755.html.
'BASF -- the Chemical.' (2011). Indeed. [online] available: http://www.indeed.com/cmp/Basf
-the-Chemical.
Dando, Malcolm R Preventing Biological Warfare: The Failure of American Leadership. New York: Palgrave, 2002.
[online] available: http://www.ft.com/cms/s/0/daeeb746-8349-11dd-907e-000077b07658.html#axzz1JIcF7FBA.
As an environmentally friendly fossil fuel, and a mainstay of much of the world for energy, the natural gas trade is one of huge growth potential. To exploit that growth, BASF has increased pipelines to nearly 2,000 kilometers in Europe, and uses Western Europe's largest natural gas storage facility (BASF, 47). By increasing their pipelines and storage capacity, BASF plans to use this market for even higher future growth. There
1998 DuPont spin off of Conoco by analyzing the transaction itself. Then, we look at one possible alternative and compare it with the actual long-term impacts of the sale. This is when we make specific recommendations about which choice was a financially prudent decision. Over the last several years, corporate America has often turned to spin offs as a way to increase their bottom line numbers. This is because it
The first component is as follows: Net Margin = Net Income/Sales. How much profit Abbott laboratories makes for very $1.00 it generates in revenue, and the higher a company's profit margin the better. The second component is as follows: Asset Turnover = Sales/Total Assets. The amount of sales generated for every dollar's worth of assets. This measures Abbott's efficiency at using assets, and again, the higher the number the
Indeed, harvest time should not come as a surprise to these professionals, and it is reasonable to assert that given adequate notice and preparation, a sufficient number of casual laborers could be employed for the time period required to complete the harvest in a timely fashion. The company's strategy to close down cultivation had a concomitant impact of further eroding labor-management relations and cost the company around a half
DuPont Business Strategy: Competitive Advantage and Comparative Advantage Porter's Forces PEST Analysis Matching Company Capabilities and the External Environment DuPont's Competitive Position SWOT Analysis and Mann's Country Profile Discussion, Conclusion, and Recommendations Porter's Forces PEST Analysis Matching Company Capabilities and the External Environment DuPont's Competitive Position SWOT Analysis and Mann's Country Profile Discussion, Conclusion, and Recommendations The DuPont Company is renowned as one of the best known manufacturing facilities in the International community. It was started in 1802 by the French Immigrant Eleuthere
It is very hard to map the intricate brocade of a human mind onto such a machine with a reasonable resolution, but the formation of artificial intelligence or machine intelligence is anticipated to offer an approachable challenge. It maybe a device with full Turing-test interactivity which is capable of fulfilling our wish or would be an interlacing dense layer of memory around a shifting model of existential realty, and