Sample Essay

British Petroleum or most commonly known to be as BP is one of the largest energy companies. They provide their customers with fuel for transportation, energy for heat and light, retail services and petrochemical products. This company produces an Annual report at the end of every year. It is a huge organization and has a formal structure. They are a public ltd company with their shares floated on the stock exchange. The company boasts of more than 97000 workers who have managed to produce a turnover of $266 billion in the yr 2006. They have 18 refineries and active exploration in 26 countries. The company has 6 core brands namely: Castrol, BP, ARCO, ARAL, am/pm, and Wild Bean Café (About BP, 2009).

As we can see that the organization has done product departmentalization that is grouping of activities by different products produced. Each department has a chief executive and other employees working under him. The organization has a very centralized decision making process since the decision making power lies with the top management and it reduces as authority is pushed down to the lower levels of the organization.

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