Critically discuss the key factors and forces in the general and industry environments that affect the demand for crude oil and consequently an oil company that you have to choose from your country.

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Q1. Critically discuss the key factors and forces in the general and industry environments that affect the demand for crude oil and consequently an oil company that you have to choose from your country. (30 marks-500 words).

Q2. Based on your findings in question 1, discuss how the pandemic COVID-19 affected chosen company demand for its crude oil and its byproducts. From your own perspective, what should the chosen company do to keep its position locally and world-wide if this situation prevailed? (20 marks-500 words)

Q3. Discuss whether the chosen company market position is supported by its value chain and other key internal resources. Identify problems you think they are facing in respect to current COVID-19 pandemic situation. (30 marks- 250 words)

Q4. Critically discuss how COVID-19 pandemic affected the Business–Level-strategy of the chosen company petrochemical division. Suggest ways by which this division may sustain its competitive position in future. (20 marks-250 words)

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