Essays on BHP Billitons Corporate Finance Policies Case Study

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The paper "BHP Billiton's Corporate Finance Policies " is a perfect example of a finance and accounting case study. BHP Billiton was formed as a merger between Billiton and BHP. The company aims at operating in an efficient manner through the utilization of low-cost assets. BHP Billiton is the largest firm in the world with diversified natural resources interests. The establishment engages in mineral exploration and production (Hubbard & Moore 2012, p12). The group has established itself in over 25 countries, and its headquarters are located in Melbourne Australia.

BHP Billiton has over forty-one thousand employees. Company Products The primary focus of BHP Billiton includes aluminum, nickel, oil and gas, copper, metallurgical coal, iron ore, manganese, and energy coal. The firm also has interests in zinc, diamonds, gold, lead, uranium, and silver. Management BHP Billiton manages nine customer sector groups (CSGs) associated with the products BHP Billiton extracts and trade-ins. Recently, the company has introduced new operating models, and it anticipates the model will create a more agile company that will respond to the market challenge and opportunities that have arisen with the dynamism of the global marketplace.

The company intends to simplify its organisational operations and is focused on geographical operating regions. This move is supported by globalised functional services that have been established on top-notch expertise and scale. According to Hubbard and Moore (2012, p22), organizational structure is fundamental in driving the business in the right direction to achieve the company's goals and objectives. Organizational structure helps to demonstrate how the departments are arranged, how to deal with the organisation's task, how decisions are made, and how to achieve a particular goal. In keeping with Murray, Murray, Poole and Jones (2006p 162), BHP Billiton’ s organizational structure explains how the management is distributed to come up with effective business decisions.

The company’ s organizational structure is aligned with its functions.

Bibliography

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BHP Billiton Group Market line. 2016. BHP Billiton Group.: Find Articles, E-books in One Search. Retrieved April 12, 2016.

BHP Billiton Limited (BHP) Balance Sheet. 2015. Retrieved April 12, 2016,

Hubbard, T., & Moore, M. 2012. BHP Billiton: Mining Potash.

Mirza, A. & Nandakumar, A. 2012. Wiley international trends in financial reporting under IFRS: including comparisons with US GAAP, China, and India account standards. Hoboken, New Jersey: John Wiley & Sons.

Murray, P., Murray, P., Poole, D., & Jones, G. 2006. Contemporary Issues in Management and Organisational Behaviour. South Melbourne: Thomson Learning.

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Taylor, J. & Scambary, B. (2006). Indigenous people and the Pilbara mining boom a baseline for regional participation. Canberra: ANU E Press.

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