Tqm in Qp

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Category: Business and Industry

Date Submitted: 03/05/2012 04:11 AM

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Qatar Petroleum is company based in Qatar, which engages in the production of petroleum products for both the domestic and the international markets. The company enjoys availability of vast petroleum resources in its base area. Qatar Petroleum engages in the processing of crude oil and extraction of oil products. Qatar in general is among the Middle East countries rich in oil fields. Its establishment has benefited the entire Qatar state through its mission, vision and corporate social responsibility.

The company supplies the domestic market with quality energy products that meets international standards. Qatar Petroleum aims at maximizing the benefit of the state from its operations, product and service offering. It directly gets involved in all domestic activities that are tailored towards adding value to the entire petroleum resources found in Qatar. In this regard, the product and service base of the company is grounded on diversity and dynamism in the line of business interests. Reliability of cash flow in and out of Qatar as well as maximization of customer value drives the company’s innovativeness and creativity in business.

International recognition of this company has not only placed the company at a better position in business, but it has also enhanced the global competitiveness of the firm, given the technical expertise and technology that this company has embraced. The company has therefore managed to not only capture the domestic market share, but the international market share as well. Increased employment opportunities have also been realized in line with the operations of this company. Qatar nationals and the international community has benefited from the proliferation of business activities undertaken by the company. Working as a single integrated team has earned the company goodwill in the international arena (Melnyk & Swink 28). This has made the company be in a position to diversify its product and service base to meet the demand of the...