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AM-98-04 A REVIEW OF THE COMPETITIVE DYNAMIC IN THE DOWNSTREAM BUSINESS AMID TRANSFORMATION CHAOS
Dr. Calvin B. Cobb Managing Director and James k Dudley Senior Manager Ernst & Young/Wright Killen Houston, Texas
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Description:
Recent joint ventures and mergers are evidence that transformation is now in full-swing in the U.S. downstream industry. Beyond the transactions actually announced there is a tremendous\drive for almost every company to continue to look for new deals and combinations.The primary objective of the current activity is to improve downstream financial performance to levels that are acceptable to shareholders. All participants now face the reality of this challenge amidst an even more competitive business landscape. Those that do not attain performance improvements through transactions with others must improve their business operations internally or risk slipping in the competitive hierarchy.
Product Details:
Product ID: | AM-98-04 |
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Publication Year: | 1998 |