Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Warrants Espiner T. (2022, May 5'). Shell prots nearly triple as oil prices surge. BBC. Energy giant Shell has reported its highest ever quarterly prots
Warrants Espiner T. (2022, May 5'\"). Shell prots nearly triple as oil prices surge. BBC. Energy giant Shell has reported its highest ever quarterly prots as oil and gas prices surge around the world. Shell made $9.13bn (7.3bn) in the rst three months of the year, nearly triple its $3.2bn prot it announced for the same period last year. But the rm said pulling out of Russian oil and 3215 due to the Ukraine conict had cost it $3.9bn (3.1bn). The invasion of Ukraine has helped oil and gas prices skyrocket. Russia is one of the world's major exporters but Western nations have pledged to cut their dependence on the country for energy. Oil prices were already rising before the Ukraine war as economies started to recover from the Covid pandemic. Shell chief executive Ben van Beurden said the war in Ukraine had caused "signicant disruption to global energyr markets, the impacts of this uncertainty and the higher cost that comes with it are being felt far and wide. "We have been engaging with governments, our customers and suppliers to work through the challenging implications and provide support and solutions where we can.\" Answer the below: 0 Critically assess the performance of Shell based on: 1- economic outcomes and 2- organizational effectiveness (to marks) 0 Though Shell reported highest ever quarterly prots; critically assess whether Shell should consider different strategic options and why (10 marks) 0 Employ SAFE to identify optimal strategic options using at least three different techniques for evaluating options on nancial and/or non-nancial grounds (20 marks) - Identify Shell different stakeholder groups; critically discuss stakeholders' conflict of interest and expectations [10 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started