Question: 1. Explain how and why Petronas has been so successful in recent years. 2. Based on the information given for Petronas, what three strategies are

1. Explain how and why Petronas has been so successful in recent years.

2. Based on the information given for Petronas, what three strategies are being pursued by the firm?

3. Identify two situations when forward integration is a particularly good strategy and explain each.

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