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            | Topic: | Technology | 
        
            | Number of pages / Number of words: | 16 / 4433 | 
                
    
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It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macro environmental factors that the company has to take into consideration. It is a useful strategic tool for understanding market growth or decline, business position, potential and direction for operations...
        
        
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ONGC is state-owned but this does not mean that the GoI is good for ONGC or doing things in the best interest of ONGC right now. The proposed mergers of HPCL (Hindustan Petroleum Corporation limited), BPCL (Bharat petroleum corporation limited) with ONGC, and Oil India with IOC (Indian oil corporation) were the GoIâs ideas...
        
        
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