BUSM4448 Business Research Problem Report Writing & Australian Mining Company - Management Assignment Help

Assignment Task     

1. Introduction 

In this report, an Australian mining company named BHP Group has been selected in order to make an effective research plan based on problems as well as challenges faced by the mining industry. The background of the report had focussed on the Australia’s revenues earnings from mining sectors create an impact on the GDP of the country as well as the company. In the current pandemic situation, the company has faced several problems on the part of financial stability of the company. The main aim of the report is to highlight the research problem within BHP Group of Australia on the basis of the company’s stricture, target market, current strategies as well as of future strategies. The structure of this report includes the overview of the mentioned organization, the identification of the research problem, and objective for the research and the plan for the research plan.   

2. Industry and company

2.1 Introduction to the industry

The industry that has been chosen for the business research problem identification is the mining industry. The mining industry is involved with the extraction and unearthing of precious minerals and geological devices for commercial purposes. The extracted mineral is then converted to hardened mineral through different purification processes that might serve as a future economic benefit to the miner. In mining industries, mainly metals are unearthed rather than gems or precious stones (Todd et al. 2020). The different types of job prospects in the mining industries are related with metal production, metal investing and metal trading. There are basically two economic assets of the mining industry, they are: mining projects and the operating industries.

2.2 Introduction to the particular company to be focused

For the business research problem, BHP is chosen, which is a mining organization located in Australia. BHP is a world leading Resources Company that is engaged in the extraction of oil, minerals, natural gases with an employee number of more than 80,000 operating primarily in Australia and America. BHP is headquartered in Melbourne, Australia. BHP has its annual revenue standing at approximately 42.9 Billion $ as of June 30, 2020 (Bhp.com, 2021). BHP is currently operating form Australia under a dual listed company structure which consists of the BHP group limited and the BHP group PLC. Other than Melbourne, BHP also has a major headquarter at London. BHP is one of the world’s leading mineral commodity makers, that includes iron ores, metallurgical coal and copper (Bhp.com, 2021).

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