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Applying A Compensation Strategy

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Management
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Colorado State University: Global Campus
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Running Head: APPLYING A COMPENSATION STRATEGY Applying a Compensation Strategy (Exxon Mobil) Student Name: Institution Affiliation: Date: 1 APPLYING A COMPENSATION STRATEGY 2 Introduction Exxon Mobil Corporation was started in 1882 by John Rockefeller, and their headquarters are in Irving, Texas. Exxon Mobil Corporation is affiliated with the energy industry with its primary focus being on crude oil. The organization explores, produces, and supplies natural gas and crude oil components, and they further produce petroleum products which they sell in their global outlets. Exxon Mobil also is involved in the petrochemical business, including the manufacture and the trade of polyethylene and olefins among many other specialty commodities. The corporation’s significant sectors are corporate and financing, the chemical segment dealing with petrochemicals. The upstream section for the exploration and production of natural gas and crude oil and the downstream sector that focuses on the manufacturing and supply of the petroleum commodities (Cooper, 2015). Exxon Mobil Corp. has its focal activities and ventures globally, and they are mainly focused on Africa, the United States, Canada, Australia, Europe, South America, and Asia. According to 2018 data, the organization had 71,000 employees globally who were responsible for their operations. ExxonMobil has been a global leader in the crude oil and petrochemical industry for a long time since its incorporation. Their organizatio ...
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