Part XXXXXXXXXXwords) due end of week 8 Select a business organisation (a multinational publicly listed company) to assess, and analyse history, background, mission and vision, and identify major...

WOODSIDE MULTINATIONAL COMPANY
Executive Summary
This is an evaluation of Woodside Petroleum, an Australian-based oil and gas company, based on microeconomic principles, framework, or model. Woodside Petroleum Ltd. is the main or parent firm of the Woodside group of enterprises. It is expected that references for the entire year will be included in this report, with different concepts and frames being used to do so. This section provides an overview of WOODSIDE PETROLEUM's whole corporate structure. It's built to fulfil all compliance and governance standards and to make it simple to see how the company has performed in the market. As a publicly traded corporation, the firm is listed on the Australian Securities Exchange. The business sells petroleum products, including LNG and crude oil. The firm is the largest in Australia by market value at $28.58 billion and one of the world's major oil companies. Other oil firms, such as Santos, Shell Australia, and Exxon Mobil, are close behind it in the market.
Table of Contents
Introduction    4
Selection of a Multinational Public Company    4
Description of Company    4
Industry Analysis    5
Apply Microeconomic Concepts.    5
PESTEL Analysis    5
Demand and Supply Analysis    7
Elasticity and Revenue    8
Emerging Markets and Multinational Companies    9
Conclusion    9
References    10
Appendices    11
Introduction
Woodside is the world's largest independent oil and gas producer. It's an Australian non-profit. This is the firm recognized for its world-class abilities as an energy explorer, developer, producer, and supplier. An important goal is regaining our position as a global oil and gas leader by providing the highest shareholder returns possible. The safety, durability, and efficiency of Woodside's goods have made them a household name. Liquefied natural gas, or LNG, is a term that refers to the liquid form of natural gas. They supply 8% of the world's LNG needs. Because they have a low-cost energy provider technique and a long-term business plan, they are a good fit. We help emerging markets have access to low-cost energy. They believe that in order to reduce costs and open up future development, innovation and development are critical. Organizations are now leading the way in remote assistance, automated thinking, and more scrutiny of our work. Woodside understands that maintaining long-term and significant relationships with organizations is critical to maintaining our permission to operate, therefore we strive to create ties that benefit everyone. Solid well-being and ecological execution in all areas are displayed by Woodside as being dynamic and focused on preserving our traits of trustworthiness, respect, working sensibly and training.
Selection of a Multinational Public Company
A locally-owned and publicly traded corporation, Woodside Petroleum Ltd is a multinational public company that makes money through hydroca
on exploration, evaluation, development, production, and marketing. In Australia, the firm trades under the symbol WPL. Through: continuous improvement, resources located near growth markets, cost-consciousness, and the delivery of products and services through innovation in technology or diverse goods, they aim to retain their competitive edge.
Description of Company
Perth, Western Australia-based firm employs around 3,700 employees. It works in 15 countries across the world and is headquartered there. Woodside Petroleum Ltd. is a petroleum exploration and production business based in Australia that was founded in 1989. Woodside is Australia's biggest independent oil and gas business and the country's largest oil and gas producer. Perth, Western Australia's headquarters, is a publicly traded business on the Australian Securities Exchange. Woodside Petroleum was rated as the 1328th largest public business in the world in the 2020 Fo
es Global 2000 (Anderson, 2021).
Petroleum and LNG are the company's major products. Besides Australia, Woodside has exploration, development and operations in Canada, the United States, Senegal and South Korea. It also has operations in New Zealand and Myanmar, as well as in the countries of Gabon, Morocco, the Republic of the Congo, and Ireland. Several liquefied natural gas (LNG) projects are being developed or operated by Woodside in Australia. As well, Exmouth, Western Australia's Enfield and Vincent oil fields are operated by the firm.
Industry Analysis
Exploration and development prospects in Australia's petroleum sector were pioneered by firms with a long-term view to benefit...