BP plc is an integrated energy business headquartered in London, United Kingdom. It is one of the world's seven oil and gas supermajors, with operations in Europe, North and South America, Australasia, Asia, and Africa. BP operates in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has an established and growing alternative energy business including interest in biofuels, wind power, smart grid and solar technology. BPs operations are organized into three business segments, namely, Upstream, Downstream, and Renewables. This assignment focuses on the following question: Assess the challenges facing BPs Renewables business segment in the Americas market To address the above, you are required to cover the following tasks:

a) An indication of the current business-level strategy and corporate strategy using appropriate frameworks.

Explain in 700 words