Volume 7, Issue 2 (February 2020), Pages: 20-27

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 Original Research Paper

 Title: The strategic planning of market-oriented oil, gas, and coal technology organizations

 Author(s): Liliana Doina Măgdoiu, Ioan Constantin Rada *, Ioan Mircea Gordan

 Affiliation(s):

 Engineering and Management Department, Faculty of Electrical Engineering and Information Technology, University of Oradea, Oradea, Romania

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 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0003-0312-8790

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2020.02.004

 Abstract:

This paper aims to provide industrial organizations in general, and more particularly the oil, gas, and coal technology organization, with ideas that may be applied in the process of planning new activities through intensive development, integration, and diversification. In addition, our purpose is to get the aforementioned organizations familiar with the strategic planning of their activity based on planning the process and analyzing the internal environment (strengths and weaknesses), followed by the formulation of goals and strategies, the development and implementation of the program, the resulting reactions and control. The formulation of the strategy is in line with its adequate implementation. Organizational plans, related to the current work of the organizations, will allow these companies to determine the value of sales and the expected profits. However, profits often happen to be lower than the expected values. After all, the portfolio plan will also include activities that need to be left aside and subsequently be replaced by others. 

 © 2020 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: Strategic planning, Development, Integration, Diversification, Goal formulation, Strategy formulation, Program development, Implementation, Reaction and control

 Article History: Received 9 September 2019, Received in revised form 30 November 2019, Accepted 7 December 2019

 Acknowledgment:

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest:  The authors declare that they have no conflict of interest.

 Citation:

 Măgdoiu LD, Rada IC, and Gordan IM (2020). The strategic planning of market-oriented oil, gas, and coal technology organizations. International Journal of Advanced and Applied Sciences, 7(2): 20-27

 Permanent Link to this page

 Figures

 Fig. 1 Fig. 2 Fig. 3 Fig. 4 Fig. 5 Fig. 6 Fig. 7 

 Tables

 Table 1 Table 2 

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