FIN 370 Week 3 Strategic Inititative Paper Final Draft

Pearce, John A. , & Robinson, Richard B. . (2009). Strategic management. formulation, implementation, and control. United States: McGraw-Hill.

BP delivers energy products and services that people around the world need. Our Upstream segment is responsible for oil and natural gas exploration, field development and production. Their downstream segment is focused on the refining and marketing of fuels, lubricants and petrochemicals. In the late 1990s, BP embarked on a new environmental strategy (Green Strategy), the motivation behind the environmental strategy was due to the three disasters that the company had endured that prompted them to come up with enhanced health and safety standards for the entire BP grouping.

     Chevron Texaco, or Texaco Shell, is the leading competitor to ExxonMobil. Texaco is in the same areas of business as Exxon. Their petroleum products and lubricants are sold in the same markets, stores, and in many cases opposite street corners from each other. The two companies are very similar, but Exxon’s recent petroleum deals in the Middle East and Africa have allowed its stock price to jump ahead for the time being (1). In the industry, the two companies mainly compete for the ability to negotiate for new production. The competition is not made at the pump or at the local auto store. It seems that it’s more important to control oil than it is to sell it quickly. Because oil has so much value and power in the world, the industry is made of semi-friendly companies. Surviving and making as much profit as possible, is more important than trying to put people out of business.

With the development of Kynfolk Kennel (KK), the strategic objectives that are used to obtain the mission and vision are simple. Maintaining a kennel a

Similar to a vehicles control board, the balanced scorecard shows indicators of performance that gives an overview of the organization. A balanced scorecard, developed by Robert S. Kaplan and David P. Norton, is a tool that merges financial and nonfinancial measurements into a view of organizational performance linked to the strategy (Pearce & Robinson, 2009). Although several versions of balanced scorecards exist, each defines an organization’s mission, vision, and objectives. Demary & Sons’ mission is to deliver freight professionally and on time while committing to highway safety. The

Exxon and Chevron are no doubt some of the leading incorporated oil companies on the globe. Exxon Corp. is the second largest oil firm after Royal Dutch Shell, it is respected for getting the biggest revenue return in 2008 which no company in the U.S. have ever reported before. According to Wilson (2009) Chevron has managed to show a lot of profitability in the market despite the decease in its oil production. It graded as one of firms which made a billion dollars profit within a week in the period of July to September 2008. Regardless of profitability trends set by the two oil firms in the U.S. market, they have been facing financial decline like the rest of the companies in other industries. The two firms are like two sailing ships which are taking longer time to sink. In the last few years, the production capacity of Chevron and Exxon has decreased and their listings on the stock market have become weak. The continuation of construction and drilling which requires billions of dollars in expense of oil production might make them experience a bigger financial crisis (Wilson, 2009).

One of the most reputable resources that Exxon Mobil has today is a strong brand name. Exxon Mobil operates all over the world and is recognized in every part of the world (Datamonitor, 2008). When people all over the world know who a company is, what they do, and where they are located, the company gains a unique competitive advantage over

Now a days everything seems to be changing at a rapid rate from the seasons to gas prices. Many of the changes we are used to today, took a long time to become what they are now. For example, Exxon Mobil Corporation, also known as, Exxon Mobil, is an American multinational oil and gas corporation headquartered in Irving, Texas, United States. Exon Mobil is an industry leader in almost every aspect of the energy and petrochemical business, they operate facilities or market products in most of the world’s countries and explore for oil and natural gas on six continents. Worldwide, ExxonMobil markets fuels and lubricants under three brands: Exxon, Esso, and Mobil.

Exxon Mobil Corporation is one of the largest international petroleum and natural gas exploration/production companies in the world. The main focus of the company is energy, involving the exploration and production of crude oil/natural gas, manufacturing of petroleum products and the transportation/sales of these said products. The company includes hundreds of affiliates which divides its business units into three main areas; upstream, downstream and chemical . The upstream section focuses on conventional oil, heavy oil, shale gas, deepwater, liquefied natural gas and sour gas projects. The downstream portion aims its focus with refining crude oil and other feedstock 's into fuels, lubricants and other chemicals while also figuring out how to deliver these products to the customers through a global distribution network. The chemical business is focuses on the production of olefins and polyolefin 's as well as manufacturing specialist chemicals for use in water treatment, coatings, lubricants and oil drilling fluids. Though the company is widely considered an energy company, they are also viewed as a technology company also who applies science and innovation in order to find safer and cleaner ways to deliver the energy the world needs.

ExxonMobil (XOM) is an oil and gas company based out of Texas, USA. ExxonMobil is considered to be among the top companies in the Major Integrated Oil and Gas industry. Their standing among competitors is based off of several major indicators such as revenues, production, oil and gas reserves and profits. ExxonMobil was formed in 1999 from a merger of Exxon and Mobil oil and gas companies. ExxonMobil has encompasses the resources and structures of Standard Oil. They are also world’s largest refiner and marketer of petroleum. A few direct competitors of ExxonMobil are Royal Dutch Shell (Shell), Chevron, BP, and ConocoPhillips. These companies are also traded in the New York Stock Exchange (NYSE), which is one of the most active stock exchanges in the world. ExxonMobil along with Shell, BP, Chevron and ConocoPhillips are all among the top 100 most valuable companies based off of market capitalization. (PwC, web article, 2014)

This report consists of financial analysis of Exxon Mobil Corporation and it is based on the company annual report for the fiscal year ended December 31, 2006, on the company’s official documents placed at their website and on other appropriate sources. For convenience and simplicity, in this report the terms ExxonMobil, Exxon, Esso and Mobil, as well as terms like Corporation, Company, their and its, are sometimes used as abbreviated references to specific affiliates or groups of affiliates.

Exxon Mobil Corporation is one of the largest international petroleum and natural gas exploration/production companies in the world. The main focus of the company is energy, involving the exploration and production of crude oil/natural gas, manufacturing of petroleum products and the transportation/sales of these said products. The company includes hundreds of affiliates which divides its business units into three main areas; upstream, downstream and chemical. The upstream section focuses on conventional oil, heavy oil, shale gas, deepwater, liquefied natural gas and sour gas projects. The downstream portion aims its focus with refining crude oil and other feedstock 's into fuels, lubricants and other chemicals while also figuring out how to deliver these products to the customers through a global distribution network. The chemical business is focuses on the production of olefins and polyolefin 's as well as manufacturing specialist chemicals for use in water treatment, coatings, lubricants and oil drilling fluids. Though the company is widely considered an energy company, they are also viewed as a technology company also who applies science and innovation in order to find safer and cleaner ways to deliver the energy the world needs.

The strategic issue(s) apparent in this case study revolve around three primary factors, firstly, the perspective of the company in dealing with the socialization processes (or lack of) of its employees within an international spectrum (coming from an American background). Secondly, the staunch and seemingly unreasonable demand imposed upon Frank Waterhouse by Bill Loun, to ensure the success of the program at the expense of dealing with Donaldson; whom in his own right could and might have been a good choice if it were not for the multitude of issues that came with his arrival at Argos in Germany. Thirdly, there is a lack of employee-to-employee communication that was seemingly the core of the issues that were arising; revolving around

Total S.A. (Total) is an integrated multinational oil and gas company headquartered in Courbevoie, France. As one of the the top ten oil companies in the world by production volume, Total is traditionally considered to be one of the six publicly owned companies comprising the “Supermajors”, or in less formal terminology, “Big Oil” (Rapier, 2016). With geographical and historical proximity to Africa and the Middle East, Total exercised deep cultural and national ties to create a srong value chain for regional oil and gas production and distribution. Today, with capabilities in power generation, transportation, refining, petroleum product marketing, chemical manufacturing, and international crude oil and product trading, Total

The future appears in dark after Trump’s presidency. With numerous allegations with the president’s election, periodic recessions, and a massive drop in soft power at global stage, the world could be encountering an unstable multipolar international system. With the recent catastrophic drainage of fossil fuel, the world desires a new source to fuel their countries, as oil has been the backbone of economy for many years for nations.