How are energy and natural resource companies different from normal companies?

Answers

Energy and natural resource companies are different from normal companies because they are responsible for the exploration, extraction, and production of natural resources such as oil, gas, minerals, and timber. These companies typically require higher levels of capital investment due to the necessity of specialized tools, facilities, and equipment to complete their various tasks. The production of these resources also often involve hazardous conditions, highly technical processes, and complex regulations – all of which demand a greater degree of responsibility and expertise on the part of executives and managers. Additionally, these types of companies often face greater competition, supply and demand volatility, and environmental risks that are not generally faced by other companies.

Answered by dawn54

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