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Joint Venture

In: Business and Management

Submitted By noof90
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Sunshine powers joint venture in India
1- Because BP company is using the solar power which is not harming the environment by the smokes that pollute the weather. Yes I think it is taking sufficient measures toward developing new forms of fuel as they have the capability to manufacture solar cells, assemble solar modules and balance solar power systems.
2- India is a good location for developing solar power products due to several reasons, First it has the suitable weather that is needed for producing such energy in an effective way , Also the availability of the skilled work force and the Engineers as there are over 600 workers who are employed at three manufacturing centers and eight offices that the BP company owns in India, it provides its products for all of India. Another good country is Sri lanka, it is rich with the sources needed for producing solar power products, also there are high skilled workers with low wages and suitable regulations and rules.
3- I think the pros are motivating the economic activities and increasing the flow of money, reducing the unemployment and encouraging domestic companies to be more efficient. And the cons are having an inflation and some domestic companies may suffer from the competition. They might only perform in their home country, yes I think it is a wise to allow them to operate independently because they may have good strategies and management plans that help in increasing the profit as each branch is related to different cultures and can deal with their customers better than others.
4- I think it is a good decision when BP company allow the foreign companies to keep their names as some companies do not want to lose their identity and they prefer to keep their original names to protect their own culture or language. I think this increase the credibility of the BP brand as they keep the original names so everything can appear obviously and clearly without any ambiguity even it is more easy when it comes to dealing with some problems and issues.

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