Comparative Study between Indian and UK Oil Industry: Strategic Comparison and How to Increase Their Market Share

    NEED TO WRITE LITERATURE REVIEW CHAPTER

    (Dissertation proposal will be provided)

    Aims and Objectives of the Research

    The main aim of the research is:

    To characterize and explain the differences between the UK and Indian oil industry environments
    The specific objectives associated with this main aim are:
    [1] To examine macro- environmental factors significant to the industries in India and the UK.
    [2] To determine the competitive circumstances of the two industries within the operating environments
    [3] To characterize the strategic contexts of organizations within the two industries
    [4] To find the relative competitive advantage of one oil industry over the other.

    GUIDELINES FOR LR:

    So what’s going to be important? What do you need to compare between countries?
    – Firstly, if we are looking at each country’s industry

    o What is the industry- e.g. what is industry
    o Ownership- e.g. control of monopolies
    o Structures
    o Supply chains
    o Life cycles- e.g. different stages of industry life cycle. (macro- level)
    o Stakeholders
    o Broad environmental factors – e.g. PESTEL (just the general perspective- e.g. social attitude, climate etc.)
    • In particular regulation, state involvement etc.
    o Strategic groups

    – Secondly, if we are looking at each industry’s market
    o What are the markets
    • Which customers
    • State, civil society, private
    o Operating environments
    • 5 forces etc. (don’t talk about the all the stages but a brief that what barriers and all. Etc)
    o Domestic vs international markets
    • Therefore what literature for understanding international markets?
    o Competition literatures
    • Number of competitors.
    • Intensity
    • Level of competitors
    o Segmentation
    o Value chains?

    – Thirdly, what other strategic decisions and differences
    o Key Success Factors?
    o Generic strategies?
    o Blue/red oceans?
    o Public/private?
    o Marketing?
    o Corporate strategies?
    • Ansoff’s matrix?

    Marking based on the following criteria:
    Identification of appropriate/relevant theory
    Literature Employed
    Critical assessment/review
    Independence of thought/ideas

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