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UK oil and gas retail businesses are experiencing indifferent challenges to marinating its economic margin due to the emerging competition of the large volume retailers In the context of the similar

UK oil and gas retail businesses are experiencing indifferent challenges to marinating its economic margin due to the emerging competition of the large volume retailers. In the context of the similar instance, Aydin (2012) determined that the UK oil and gas industry has a complex and long value chain that emerged far beneath the earth’s surface. Similarly, the process ends with the sales and marketing of the product myriad. Herein, the complexities continues with the exclusive set of challenges with respect to the products catergories, operations, regulatory compliance and supply chain process. According to Commission et al. (2007), the UK petroleum industry has managed to set out its key business drivers in the market by ensuring corrective business strategies followed by the participants. It has been assessed that the non fuel sales had also offered the growth opportunities for the larger market player in the similar domain. The specific growth had led the larger retailers to proceed with its independent dealership business with multiple PFS. This has facilitated the dealers to exploit the scale of economies and developing the compelling stores by offering the PFS.

Jul 27 2020 View more View Less

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