External Environment: Opportunities and Threats (SWOT)

B. Societal Environment

1. What general environmental forces are currently affecting both ARAMCO and the industries in which it competes? Which present current or future threats? Opportunities?
a. Economic

b. Technological

c. Political-legal d. Sociocultural

2. Are these forces different in other regions of the world?

C. Task Environment

1. What forces drive ARAMCO competition? Are these forces the same globally or do they vary from country to country? Rate each force as high, medium, or low.

• Threat of new entrants OF ARAMCO
• Bargaining power of buyers OF ARAMCO
• Threat of substitute products or services OF ARAMCO
• Bargaining power of suppliers OF ARAMCO
• Rivalry among competing firms OF ARAMCO
• Relative power of unions, governments, special interest groups, etc.

2. What key factors in the immediate environment (that is, customers, competitors, suppliers, creditors, labor unions, governments, trade associations, interest groups, local communities, and shareholders) are currently affecting ARAMCO ? Which are current or future threats? Opportunities?

Answer rating: 100% (QA)

ARAMCO also known as Saudi Arabian Oil Company is a stateowned oil company based in Saudi Arabia Some general environmental forces that may be affecting ARAMCO and the industries in which it competes ... View the full answer