Slide 1 Assessment 3 Type: Individual assessment, A Report Word Limit XXXXXXXXXXto 2500 words, not including a cover page, reference and appendix Value: 20% Due Date: Week 8, 5.00pm Friday 7 September...

CORPORATE STRATEGIES
Executive Summary
BHP Billiton’s develop its which is based on the primary key value drivers of the strategic framework. Additionally, the value drivers and the group have formulated emerging growth plans for each customer sector groups. Therefore, the partnership implement the solutions to decrease the intensity of operations related to mining, which involves the transportation as well as power supply. The basic commodity pricing affects certain revenues of the company. Moreover, the competition involves various risk affected in BHP Billiton to adopt a price cutting programs which are expected to affect their revenues.
Table of contents
Introduction    3
Task 1    3
Research strategies being deployed by the company    3
Types of strategies    5
Task 2    7
Controversies of the company    7
Task 3    8
Analysis tools    8
Conclusion    10
References    11
Introduction
A strategy is said to be externally oriented, integrated as well as the central aspects of how an organisation may meet their objectives. Strategy formulation is the major process of making decisions. On the other hand, Strategy implementation is the method of performing the entire activities, which are important for the planning procedure of the business. As mentioned by Battistella (2014), the corporate strategy defines the distinction between the corporate and business strategy. This study highlights porter’s five forces and Swot analysis that are applied by the chosen organisation BHP Billiton. This study focuses on various strategies that have been deployed by the company. The basic differences of this corporate strategy are to identify the procedure of completing the tasks while the corporate strategy is determined in the business. In the words of Baumgartner (2014), the business strategies addresses the objectives of the chosen company BHP and it is formerly known as the BHP Billiton, which is said to be the trading entity of BHP Billiton limited as well as BHP Billiton plc.
Task 1
Research strategies being deployed by the company
The main strategy of BHP Billiton is to operate and own low costs, upstream assets and expandable assets, which is diversified by geography, commodity and market. As commented by Bui and Villiers (2017), they have a diverse and simple portfolio of one asset with the low costs options for the growth of the future as well as value creation. This permits to apply different culture and values, which develops productivity and safety. There is a different research area, which has been explained below:
    Research strategies of BHP Billiton
    Vision
    · BHP Billiton aims to develop a long-term value through the development, discovery as well as conversion of different natural resources and the provision of creative customers as well as market focused solutions (Ca
allo and Castromán, 2015).
· BHP Billiton is involved with a long-term strategy of investing in a world class, low costs as well as export and expandable oriented operations, which identify the diversification within the competitive market as well as geographic regions. BHP Billiton purchase the local goods, employ local individuals as well as national economies by paying royalties and taxes (Christensen et al. 2015)
    Mission
    · The main objectives of BHP Billiton is to be the top company by developing sustainable growth for the shareholders, contractors, employees, suppliers, customers as well as host communities (Fracassi 2016).
· The main principle of BHP is to govern the safety social conduct of the business as well as economic and environmental activities, which are said to be integral for the company.
    Core competencies
    · Banerjee (2017) comments that the companies which entirely transformed themselves in the world of information and BHP Billiton has the basic ability to utilise the intangible assets which is developing to be more decisive than their ability to utilise the tangible assets (Gallego et al. 2017).
· BHP Billiton is expanding their business on a universal platform. The company has applied various concepts of balance scorecard, which supports in developing different measurements of financial performance.
    Cu
ent strategies
    Bullish aspects
· BHP Billiton recently has announced that it would develop various strategies to improve the value and returns of the shareholders.
· The company develops the strategy to generate huge productivity and profitability involved in the business. The basic aims of the organisation develop the shale and copper asset base to ensure the profit in the revenues once the commodity is developed (Hahn et al. 2015).
Headwinds
· The present macroeconomics has developed various challenges for the mining industry. Therefore, the economic growth different developing markets for nature goods related to industrial consumers such as China and mortality in the emerging markets to develop the bottom line performance of BHP Billiton.
· The dismal commodity pricing impacts the revenues of the organisation moreover the competition implements various risk involved in BHP Billiton to adopt a price cutting programs which are expected to impact their revenues (Holmes et al. 2016).
Types of strategies
Contingency approach
The main contingency approach towards the sustainability is being consistent with the requirements and principles of the range of voluntary and regulatory commitments. The ambitious goals, is dedicated to improve the wellbeing of future and present generations. As mentioned by Leimona et al. (2015), the SDG’s objective is to handle the challenges through the advancement of sustainable development. As a universal company, many of the developmental challenges are motivated around the world. In relation to this, the primary role of the resources, the company develops the quality of billion of people around the...