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Optimizing Organizations

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Running Head: OPTIMIZING ORGANIZATIONS Optimizing Organizations Name Course Tutor Date 1 OPTIMIZING ORGANIZATIONS 2 Introduction Including a description of the company, its industry, and its business context Exxon Mobil ExxonMobil is an American multinational gas and oil corporation that was initially founded by John D. Rockefeller and other partners in 1870 as the standard oil company. Later in 1999, ExxonMobil was formed through a merger of two important companies, Mobil and Exxon. With its headquarters in Irving, Texas, ExxonMobil Corporation deals with the exploration, improvement, and distribution of gas, oil and other petroleum products (Stoner, 2013). Over the last couple of years, ExxonMobil has developed from a regional marketer of kerosene in the United States as being the largest publicly traded petrochemical and petroleum enterprise in the world. Today, the Corp operates in most parts of the world and is well known for producing products that power cities, drive modern transportation, lubricate industries and act as building blocks that facilitate the production of consumer goods (Coll & Overdrive Inc. 2012). ExxonMobil has been ranked as the 10th largest company in the world by revenue and the largest oil refiner globally. In 2016, it was listed ninth in the Forbes Global 2000 list and 2014 it was recognized as the second most profitable corporation in the Fortune 500. The company has a portfolio of more than 75,000 employees. In 2015, the company reco ...
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