Kodiak Oil & Gas Corp Table of Contents 1.Executive Summary 3 2.Introduction 3 3.Brief Overview of Kodiak Oil & Gas Corp 5 4.Internal Analysis of Kodiak Oil & Gas Corp 6 5.United States and Oil and Gas Industry 9 6.Opportunities and Challenges in Alternative & renewable Fuels 12 7.Role of Kodiak Oil & Gas Corp in Alternative & Renewable Fuels 15 8.SWOT Analysis 16 8.1.Strengths 17 8.2.Weaknesses 18 8.3.Opportunities 18 8.4.Threats 19 9.Recommendation and Conclusion 19 10.Cost Benefit Analysis 20 11.Reference 22 1…
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However, in United States, there are some domestic and independent companies having great potentials for reducing United States’ dependency for foreign fuels. Besides, there are greater opportunities in alternative and renewable fuels and the domestic companies like Kodiak Oil and Gas Corp are having enough experiences and quality to explore such opportunities. There are certain major issues associated with alternative and renewable fuels like lack of awareness, availability of raw materials and lower profitability. However, necessity of alternative oil and gas are very high for the future success and environmental protection. Besides, the demand of alternative and renewable fuels is rising but at a slower pace. Fossil fuels ate exhaustible and have a negative impact on society, environment and on economy as well. Therefore, Kodiak must identify the future benefits of alternative fuels and must diversify its business by showing entrepreneurial and innovative skills. In this process, the company will require huge amount of investments which can be generated by issuing shares, bonds and long & short term loans. 2. Introduction Globalization is the most prominent occurrence that brought significant changes in human life and in their thought process. Human activities have not remained limited in terms of geographical boundary. Technological advancements have led to enhance the communication and transportation systems. Due to such rapid improvements, the trade and business has been the most benefited area. The importance of trade and business for the growth and development of human civilization is very necessary, and after this globalization, business activities has expanded and extended geographically. Besides, with economic development, people’s demands and purchasing power keep growing and business organisation have been able to identify this opportunities for their business growth. Multinational enterprises have established their business in foreign lands, and international trade among the world economies have increased dramatically. Therefore, the utilization of resources has also been multiplied extensively. In this respect, natural oil and gas is the most essential resources for growth of business. Most of the first world countries like USA, Japan, and UK etc are economically developed due to rapid growth of industrialization, and consumptions of oil and gas in these economies are very high. However, most of these economies do not have huge storage of natural oil and gas, and hence, they are dependent on countries having huge mineral resources for importing necessary resources especially for natural oil and gas. Middle East African countries and the Gulf countries are major exporters of oil and gas to other economies but rising fuel prices is major challenges for business growth. Besides, the storage of natural oil and gas is exhausting at a faster rate and higher usage of fossil fuels has been impacting the environment negatively. These issues are major challenges for the global trade and business and hence, the governments must take necessary steps by encouraging the use and production of alternative & renewable fuels. This paper will attempt to present the role of domestic oil and natural gas organization in ...
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