Overview of the Goals and Business Strategy of Petro Rabigh Company

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Petro Rabigh is a company that produces and marketplaces refined hydrocarbon and petrochemicals. Petro Rabigh is a Saudi company that is the main location of the company has in Yanbu City. Petro Rabigh has also businesses to run in Jubail City. Petro Rabigh is a big company that give high salaries to graduates and high level of degrees. Petro Rabigh is a company where employee wants to do the best. Petro Rabigh also a company that wish to make so much high of profit.

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There is a short story about Rabigh company when they have started run the business. The CEO of the company has an idea that to be one of the best market in the middle east, but the problem was that the company do not fit to that market while other companies fit to that, however the CEO said that he decided to run the business to compete in the market. The second problem that the market of Petro Rabigh is good enough to be one of the best and that means something good.

Petro Rabigh is going to be perefect, but it needs time. The political issues in the gulf rgion would not affect the company, because the company is doing really good around the world. Let me tell you this, Petro Rabigh has made a great jobs in Europe. Petro Rabigh is now doing a great business in Middle east. I think they are making good profit. B External opportunities & threats

Petro Rabigh should focus on external opportunities and threats.

That means if they want to make high profit they have to be perfect to do the external opportunities. That means if they want to survive in the market that means they have to do the best in their assignments in doing the external opportunities. The means there is something in business called SWOT analysis. It stands for Strength Weakness Opportunity Threat. The strength stands of the the strength of the company of Petro Rabigh. The weakness is standing for the weakness of the Petro Rabigh Company. The opportunity means the opportunity of other companies. The threats means the threats of the other company. Planned financial specialists ought to precisely consider contained in this prospecturs in light of the fact that in concidering in interest in the offers would be much hazard. Operatations and money streams could be adverasely and really influenced of any of the accompanying dangers which the governing body as of now accept to be material or whatever other dangers that the top managerial staff not qualified which are come about by prospects and monetary conditions. Some portion of the invesments of prosectors may lose as a result of having high dangers over their agreement. The issue is that prospoctors may confront monetary issues in Petro Rabigh in light of the fact that this prompts high dangers. Imminent financial specialists ought to painstakingly consider contained in this prospecturs in light of the fact that in concidering in interest in the offers would be much hazard. Operatations and money streams could be adverasely and tangibly influenced of any of the accompanying dangers which the governing body at present accept to be material or whatever other dangers that the top managerial staff not qualified which are come about by prospects and budgetary conditions. Some portion of the invesments of prosectors may lose as a result of having high dangers over their agreement. The issue is that prospoctors may confront financial issues in Petro Rabigh in light of the fact that this prompts high dangers.

The combination operations will commence in 2008. The company has audited financial statements more than two years even though the oil operations have been exiscting for many years. The petro Rabigh found that the contracts of EPC were highly good becasue of cost reimbursable or lamb Sum Turnkey. That means Tecnfkg Plant technology is too good. Also, that means The EPC contracts leads to the the company not taking the high risks which means unexpected problems. Sometimes Petro Rabigh needs to take it as a risk because this lead the company to be createve or to exceeds the competitions between their competitors. However, the board director of Petor Rabigh has the ability to accept or deny for taking the high risks. The means reasons why the border have the whole athority to accept the high risks or not because of leading the company to the top of the market or to the bottom of the market. Another thing that is the assets infrastructure have been over 15 years which means something is significant for the company. The company should focus if they want to upgrade there facility or not because this will increase their production unless they do not want to increase. There is something is really happening in Saudi Companies during there contracts, which is the curroption. The CEO should focus to whom dealing with because of the corruption. Some of the companies do not follow the rules or what it has been written over the contracts. They only look for the low costs of their business. They also look to make high profit, too.

Debt Repayment is something really important in Saudi Arabia because it depends of the company of their borrowing of the long term. Maybe the short term of the borrowing would be affective as the long term of the borrowing. The financial conditions is something really important because this lead the company how much they amount of money of Petro Rabigh they want to have from banks as an example from banks. Also another reason that is the company can discover how the lenders they are going to lend Petro Rabigh.

Defence on Founding shareholders’ expertise means of the petrochemical plants operates more the four refineries with the Petro Rabigh facility which means they have partner in in two joint ventures. Service agreements and secondment agreements will provide the Petro Rabigh for shareholders’ support to the company will be provided in accordance with the terms of a construction which leads to the petro Rabigh company top of the market.

The Petro Rabigh will take the benefit during commissioning with high productions with the other contracts. Also, another reasons that the company will take the advantages of making contract with reducing the risks is to have high securecty and emergency services such as Armco provide to their employees and customers which letads to make higher productions and higher profits. Petro Rabigh is highly focusing on producing with making the security is high. That means securtiy and safety conditions is something really important for companies in Saudi Arabia to be a head from the competitors, safety comes first. Some times the licenses of the company have complex problems with the ministry in the region because to save the market of bankruptcy. This lead also, to the high risk of the company. Also, licences from investments have to be made before doing businesses. This will lead the company to be aware of the high risk. Let me tell you this, Petro Rabigh is a big company that can leave their competitors to the bottom level if they take sometimes risk. Because of risk is sometimes can exceed you much more than their competitors. Now, let’s move to the future expansions, the company’s strategy of their future profits in other words, but this does not mean they will make one hundred percent profit. The strategy might lead them very close to the objective of the strategy. Also, the development of the company they almost focus on the profits. Petro Rabigh focus on the long term. Because of having huge operations, they look for the profit for the next thirty years. Planning for the future is a good thing that gives the CEO an idea where Petro Rabigh is going to be in future. Morever, unexpected issues that can be happened in Petro Rabigh, so the CEO and top management should be aware of this problem. For example, economic change of the country is something that sometimes cannot be expected. Also, enviromental cases such as disaster. Other unexpected problems, that the departments need more to invest money to make profit because it was expected to make it in Metro Rabigh. Petro Rabigh should focus on the previous point because this will cause problems with their shares. Because of the finance problems this might happen. Thats why Petro Rabigh should focus on that point. However, lets move to the market change, if Petro Rabigh wants to change they should focus if the change lead them to the top of the market or not. This also, will make the CEO have a sight about their competitors because competitors most probably want to be better for sure. For sure price product is very essitnal for Petro Rabigh company because it delevier the type of buyers Petro Rabigh wants from around the world. That means the price is different if it is so much high not anyone can buy from Petro Rabigh Company. That means the CEO of Petro Rabigh Company needs to be careful with the change of the product price. This is a big step that The top managemnt should be very careful with that.

Now lets move The technology use can affect of the price when the product is final made up and ready to sell. Because of big amount of money to spend on these technologies just to make this product. That means the price can be high which depends on the equpmmint that the company use. Also, now lets see what the environmental and social risk could lead to conflict during the contacts between companies and Petro Rabigh company. The emporment of Petro Rabigh company is quite good because the top management use some techniecuse in the deals with other companies; which both sides take and advatage of the project. This means the business of Petro Rabigh is quite perefct on that way because they focus in dealing with other companies and looking for the other culture environment because Petro Rabigh really care about customer satisfaction.

They also look to make high profit, too. Debt Repayment is something really important in Saudi Arabia because it depends of the company of their borrowing of the long term. Maybe the short term of the borrowing would be affective as the long term of the borrowing. The financial conditions is something really important because this lead the company how much they amount of money of Petro Rabigh they want to have from banks as an example from banks. Also another reason that is the company can discover how the lenders they are going to lend Petro Rabigh.