Fortune 500 Essay

Decent Essays

Exxon Mobile the Number One Fortune 500 Company

A fortune five hundred company is defined as “an annual list of the 500 largest industrial corporations in the U.S., published by Fortune magazine. The corporations are ranked based on such metrics as revenues, profits, and market value.” (2011) Exxon Mobile has been declared the number one fortune five hundred company in the world in 2008. In 2007 Exxon Mobile was ranked number two but recently with its new improvements and massive revenue it has taken in throughout the year, it has reclaimed its spot as number one. Receiving the status as the number one fortune five hundred company is a great honor and will actually bring this company even more
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The difference that Exxon Mobile is making is huge in the business world. Companies all over the world will study and research Exxon Mobile because of how well they are doing each year as an organization. Another difference that this company is making in the world is that it provides gas to consumers and other products. Allowing consumers to use their business to fill their tanks of with gas is making a difference because people respect and need Exxon Mobile in many ways. Therefore according to the four business components we can see that Exxon Mobile is perfecting at least two of these components already. The third business component states that your organization should allow you to be yourself. Exxon Mobile produces quality employees and strives for them to act and be their best. This company allows employees to be themselves and constantly grow within the business. They want and hope that the employees they hire follow all of the guidelines to how they run their business but they also want the employees to bring creativity to work with them. Challenges and new ideas are very important to Exxon Mobile, employees have the opportunity be promoted by overcoming things such as these challenges and also if they can bring new ideas and perspectives to this business. The fourth component of business focuses on having a higher power to make sure you have help. An example of this would be an executive director,
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