No, Porters Five Models
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AN ANALYSIS OF THE OIL AND GAS
INDUSTRY’S COMPETITIVENESS USING
PORTER’S FIVE FORCES FRAMEWORK
ARTICLE · APRIL 2014
READS
12,893
1 AUTHOR:
Mohammed Hokroh
University of Bolton
6 PUBLICATIONS 1 CITATION
SEE PROFILE
Available from: Mohammed Hokroh
Retrieved on: 14 March 2016
G.J.C.M.P.,Vol.3(2):76-82
(March–April,2014)
ISSN: 2319 – 7285
AN ANALYSIS OF THE OIL AND GAS INDUSTRY’S COMPETITIVENESS USING
PORTER’S FIVE FORCES FRAMEWORK
Mohammed A. Hokroh*
MBA in Finance, University of Leicester, UK.
Abstract
The purpose of this paper is to analyse the oil and gas industry’s competitiveness using Porter’s Five Forces
framework. The paper starts with an overview of the oil and gas industry and proceeds with analysing its competitiveness
with implications to new firms that are considering entering into the industry. Then, it discusses strategy literature
assumptions about future certainty and approaches to strategic decision making. Finally, it concludes with key points and
recommendations.
1. Introduction
The purpose of this paper is to analyse the oil and gas industry’s competitiveness using Porter’s Five Forces
framework. The paper starts with an overview of the oil and gas industry and proceeds with analysing its competitiveness
with implications to new firms that are considering entering into the industry. Then, it discusses strategy literature
assumptions about future certainty and approaches to strategic decision making. Finally, it concludes with key points and
recommendations.
2. Industry Overview
One of the most important industries that has a rich and fascinating history is the oil and gas industry. This history
spans thousands of years and has played a significant role in structuring this business.
A. Early History
Underground oil was first discovered by the Chinese who used...
AN ANALYSIS OF THE OIL AND GAS
INDUSTRY’S COMPETITIVENESS USING
PORTER’S FIVE FORCES FRAMEWORK
ARTICLE · APRIL 2014
READS
12,893
1 AUTHOR:
Mohammed Hokroh
University of Bolton
6 PUBLICATIONS 1 CITATION
SEE PROFILE
Available from: Mohammed Hokroh
Retrieved on: 14 March 2016
G.J.C.M.P.,Vol.3(2):76-82
(March–April,2014)
ISSN: 2319 – 7285
AN ANALYSIS OF THE OIL AND GAS INDUSTRY’S COMPETITIVENESS USING
PORTER’S FIVE FORCES FRAMEWORK
Mohammed A. Hokroh*
MBA in Finance, University of Leicester, UK.
Abstract
The purpose of this paper is to analyse the oil and gas industry’s competitiveness using Porter’s Five Forces
framework. The paper starts with an overview of the oil and gas industry and proceeds with analysing its competitiveness
with implications to new firms that are considering entering into the industry. Then, it discusses strategy literature
assumptions about future certainty and approaches to strategic decision making. Finally, it concludes with key points and
recommendations.
1. Introduction
The purpose of this paper is to analyse the oil and gas industry’s competitiveness using Porter’s Five Forces
framework. The paper starts with an overview of the oil and gas industry and proceeds with analysing its competitiveness
with implications to new firms that are considering entering into the industry. Then, it discusses strategy literature
assumptions about future certainty and approaches to strategic decision making. Finally, it concludes with key points and
recommendations.
2. Industry Overview
One of the most important industries that has a rich and fascinating history is the oil and gas industry. This history
spans thousands of years and has played a significant role in structuring this business.
A. Early History
Underground oil was first discovered by the Chinese who used...