Bellatrix Exploration Ltd is an oil and natural gas company that operates in the Western Canada Sedimentary Basin, Calgary, Alberta, Canada. Bellatrix was before known as True Energy founded by Raymond G Smith. “The company focuses on operating with integrity and conducting operations in a safe and environmentally responsible manner while providing sustained shareholder growth in value”- Raymond G Smith, CEO. In this report you will find out a problem Bellatrix is facing, three possible solutions for the problem and the best solution to help fix the problem.
The main question still remains, what is the problem Bellatrix is facing. The problem for Bellatrix is “How could they compete against other competitors?” This is a problem for Bellatrix …show more content…
By doing this it can benefit customers making them start to like and trust the company, this can make then gain more customers. There profit can increase since prices are reasonable making them believe we are a good company. Bellatrix can also create a good reputation of how good their quality is. Better quality may also make them lose money because of them lowering prices. Companies may also think that they are misleading thinking they are unethical. They can also lose profit because if they sell for a lower price then they won’t be able to gain the amount of money needed for the company. The other solution is to expand the company, more buildings, producing, selling and locations. The benefits to this is that they can gain more money so the profit will increase, also skyrocketing out stocks. They can also make a great name in the business world allowing others to invest in them, and they can also gain more customers going international. Although going international will be hard because of the many language barriers, and also cost lots of money to build all of the facilities and hiring workers. Bellatrix already releases CO2 emissions because they produce oil and natural gas and environmentally this plan will make then release more emissions. The final solution to this is to give back to customers for example 10% goes to charities to show that you
The main question still remains, what is the problem Bellatrix is facing. The problem for Bellatrix is “How could they compete against other competitors?” This is a problem for Bellatrix …show more content…
By doing this it can benefit customers making them start to like and trust the company, this can make then gain more customers. There profit can increase since prices are reasonable making them believe we are a good company. Bellatrix can also create a good reputation of how good their quality is. Better quality may also make them lose money because of them lowering prices. Companies may also think that they are misleading thinking they are unethical. They can also lose profit because if they sell for a lower price then they won’t be able to gain the amount of money needed for the company. The other solution is to expand the company, more buildings, producing, selling and locations. The benefits to this is that they can gain more money so the profit will increase, also skyrocketing out stocks. They can also make a great name in the business world allowing others to invest in them, and they can also gain more customers going international. Although going international will be hard because of the many language barriers, and also cost lots of money to build all of the facilities and hiring workers. Bellatrix already releases CO2 emissions because they produce oil and natural gas and environmentally this plan will make then release more emissions. The final solution to this is to give back to customers for example 10% goes to charities to show that you