Need help with my writing homework on Economics of Business Strategy. Write a 2000 word paper answering;

Need help with my writing homework on Economics of Business Strategy. Write a 2000 word paper answering; To satisfy the demands of the consumers, the company is always on the move looking for new channels of oil supply. This is because of the scarcity of the commodity.

Technology will ensure effective delivery of energy supplies as well as reducing carbon emissions. This destruction results to an environmental disaster referred to as the global warming. Technology is an important aspect for drilling and energy production (Clarke, 8). This is because a large percentage of the world’s oil and gas reserves are in areas where it’s difficult to drill, without high capacity technological innovations.

These resources are located on heavy oil sands, deep water channels, and tight gas and arctic regions, and there is need of heavy machineries for effective exploration ((Rubenstein, 13). Basing on these facts, the company aims to satisfy the rising energy demands, as well as enact policies that will protect and preserve the environment from harmful carbon emissions. (Coll, 16).

The spill made the company to re-evaluate its risk management strategies, for purposes of ensuring compliancy with the various stake holders and relevant government agencies (Clarke, 21).The strategy is aimed at ensuring the safety of its employees and various stakeholders of the company. It also ensures the safety of its machineries, and the conservation of the environment.

Clark (13) explains that despite the company’s capital strength, it does not have the ability to effectively meet the demands of its customers. To achieve its objective, the company has alliances with other energy producing companies. Clark (17) explains further that the company engages in such alliance under the established laws.

In 2012, the company joined forces with XTO energies, to improve efficiency in the production, and supply of energy.