ExxonMobil: Background, Objectives, Purpose, Revenues, Subsidiaries

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Added on  2023/04/17

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This presentation provides an overview of ExxonMobil, including its background, objectives, purpose, revenues, and subsidiaries. It also discusses the company's structure and provides comparisons with McDonalds.

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ExxonMobil
Backgound
This is American multinational oil and Gas Corporation.
The company was founded in 1999 after the merger of
Exxon and Mobil. It directly descended from John D.
Rockefeller, the owner of Standard Oil Company. It is
the world’s 8th largest company by revenue and 5th
largest company by market capitalization. Its products
include
Crude oil
Oil products
Natural gas
petrochemicals

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Objectives
Objectives
The company seeks to become the world’s premier petroleum and
petrochemical company globally. This is its main objective. In order
to achieve this, the company has set other specific objectives. For
instance
Have a high financial performance
Create a good corporate image by engaging in Corporate
Social responsibility projects
Have a high consideration of the environment by ensuring
that it minimizes pollution
Create a strong HR policy that seeks to recruit qualified
employees
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Purpose
The objectives of the company cannot be met not unless the company’s different departments
function dependently. The various functions of the company include
Human resource department
It is comprised of over 83000 employees around the world that are highly qualified.
Production department
This department is concerned with the conversion of raw materials into finished goods.
Purchase department
This department is tasked with purchasing goods that are required by the production department
Marketing department
The marketing department is tasked with linking the customers to the customers. It advertises the
company’s products and services
Research &Development department
This department is tasked with designing and improving on the company’s products and services
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Revunues
Decrease US$268.88 billion [2] (2015)
Operating income
Decrease US$21.96 billion [ 2] (2015)
Net income
Decrease US$21.96 billion [2] (2015)
Total assets Decrease US$349.49 billion [2] (2015)
Total equity Decrease US$170.81 billion [ 2]
(2015)
Number of employees 83,300 (2015)

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Subsidiaries
Aera Energy, Esso Australia,
Exxon, Exxon Neftegas,
Imperial Oil (69.6%), Syncrude (25%),
Mobil Producing Nigeria,
SeaRiver Maritime, Superior Oil Co.,
Vacuum Oil Co., XTO Energy
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McDonalds
Background
An American fast food chain restaurant that was founded in 1940.
Founders were Richards and Maurice McDonalds
Products
Hamburger
Fries
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Revenues

Decrease US$ 25.413 billion (2015)[2]
Operating income

Decrease US$ 7.146 billion (2015)[2]
Net income

Decrease US$ 4.529 billion (2015)[2]
Total assets
Increase US$ 37.939 billion (2015)[2]
Total equity
Decrease US$ 7.088 billion (2015)[2]
Number of employees
420,000 (2015)[2]

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Purpose
Maximizing shareholders equity
Providing employment opportunities
Contributing to the exchequer
Becoming a company with gobal presence
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ExxonMobil
Structure
The company has a decentralized kind of
organization structure.
This is because it is a huge company with a
global presence and thus centralized kind of
decision making wont be efficient
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Comparisons
ExxonMobil
Has different subsidiaries
around the globe thus the
structure is decentrallised
It is a public company
Products include oil and gas
products
McDonalds
Operates as a single brand
world wide thus the
structure is centralised
It is a private company
Deals in consumable fast
food products.
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