The supply and demand for energy on a global scale are the primary forces that influence the price of energy, as well as the profitability of companies that generate energy.

When oil and gas prices are high, most oil and gas producers have a positive performance record at that time. However, as the price of energy commodities declines, firms that deal in energy make less money. On the other side, when the price of crude oil goes down, oil refiners profit because the cost of feedstock, which is used in the production of petroleum products like gasoline, goes down. In addition, the energy business is very vulnerable to political events, which, historically speaking, have been the cause of volatility, also known as wild swings, in the price of oil.

Exxon Mobil (XOM) and Chevron (CVX), both of which are big multinational integrated oil firms, are examples of some of the most successful businesses in the energy industry of the United States. Peabody Energy (BTU) was the most productive coal company in the United States in terms of tons produced in the year 2020.
 

1.what is the rationale behind the fact that effective communication is an absolute need for effective management?
2. What are the facets of communication and the key milestones that go hand in hand with the management of organizations?
3. What is the connection between having good communication skills and becoming a successful management entrepreneur?
4. According to what was discussed in the overview of the management of new business ventures, provide an explanation of the function of self-employment.
5. If the management decides they want to extend part of the company's activities, what are some signs that this could be possible?
6. Make a connection, with an explanation, between the responsibility and mandate of an entrepreneurial management and the function of recruiting new professionals.
7.The host or entertainer is a stakeholder in the management of entrepreneurial ventures; describe the role of such a person within the setting of the business.
8. Explain the importance of having an open mind when it comes to the job of management that an entrepreneur plays.
9.In what ways may an entrepreneur benefit from learning from his or her past failures and using that knowledge to the management of his or her business?
10. conceive perseverance in relation to the phenomena of entrepreneurial management.