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Pestle Analysis of ExxonMobil : Assignment

Analyzing Tesco Grocery business using strategic analysis tools such as SWOT, Value Chain, PESTEL and Porter’s Five Forces analysis.

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Added on  2020-09-08

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Exxon Mobil is classified as one of the very well-known and popular oil and gas industries on a multinational level (Singh, 2010). There are some models that help in making a better and efficient analysis of the company along with all its factors (Castaneda, Munoz, and Ancheyta, 2014). In the same way, Porter's five forces and PESTEL analysis can be used in this report for analyzing the competitive as well as other factors of Exxon Mobil that is required for maintaining and increasing the productivity as well as popularity of Exxon Mobil. The report is about Exxon Mobil and how it is positioning itself for maintaining and increasing its competitive advantage.

Pestle Analysis of ExxonMobil : Assignment

Analyzing Tesco Grocery business using strategic analysis tools such as SWOT, Value Chain, PESTEL and Porter’s Five Forces analysis.

   Added on 2020-09-08

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Pestle Analysis of ExxonMobil : Assignment_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1Overview of Exxon Mobil ..............................................................................................................1Applying Porter's five forces ..........................................................................................................1PESTEL ANALYSIS......................................................................................................................3Value chain analysis........................................................................................................................4CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
Pestle Analysis of ExxonMobil : Assignment_2
INTRODUCTIONExxon Mobil is considered as one of the largest firms dealing with the oil and gasindustry. There are some models that helps in making a better and efficient analysis of thecompany along with all its factors (Castaneda, Munoz and Ancheyta, 2014). The same way,Porter's five forces and PESTEL analysis can be used in this report for analysing the competitiveas well as other factors of Exxon Mobil that are required for maintaining and increasing theproductivity as well as popularity of Exxon Mobil. The report is about Exxon Mobil and how itis positioning itself for maintaining and increasing the competitive advantage. Overview of Exxon Mobil Exxon Mobil is classified as one of the very well known and popular oil and gas industryon a multinational level (Singh, 2010). It is considered under the category of non governmentowned which provides their products and sectors to almost every part of the world. The companydeals with a product range of various oil products, natural gas, crude oil, power generation, petrochemicals etc. Out of all the oil and gas industries worldwide, Exxon Mobil comes at the seventhposition that is being traded by the capitalisation of the market. The company is known forfollowing a proper and balanced structure as it is sub divided in three divisions namelyUpstream, downstream and the chemical division. Out of all the three divisions, most of therevenue comes from the upstream division. The chemical division includes products such asethylene glycol, polypropylene etc. Applying Porter's five forces Porter's five forces is considered as a strategic management tool which can be used forExxon Mobil because it is considered as an efficient tool for analysing the level of competitionfor the company. It can help in giving a well analysis about the competitive players of thecompany, the threats they are going through etc. So, describing different aspects of the modelbelow :Threat of new entrantsFor any organisation working with a major and competitive goal, entry of newindividuals with the same roles can act as a threat and it is obvious enough (Fragouli, 2016). So,the same can happen for Exxon Mobil as well. Various new entrants that also belong to the oiland gas innovations come in the market after every few days. So, it can act as a threat for Exxon1
Pestle Analysis of ExxonMobil : Assignment_3
Mobil. These new entrants often come with a strategy as they are aware of the companies that arealready going in the market. These strategies involve low pricing strategy, minimized costs,providing various new features to the customers etc. as they use such tactics to attract thecustomers. For avoiding this, Exxon Mobil can make use of some ways and methods to stayprevented from such barriers and can easily tackle such new entrants. Exxon Mobil can focus oninvolving some new products as it is an attractive feature that can attract many customers andalso the old ones. Also, there is a sort of loyalty factor with the old customers, so this can helpExxon Mobil from decreasing productivity. Bargaining power of suppliersThere are various suppliers that can help these new entrants. It depends on the overallquantity of the new firms emerging in the market (Lendrum and et.al, 2013). There is apossibility that when these new entrants are in a huge quantity, suppliers are soft to them but incase of a few entrants, the suppliers can act dominant and that can be beneficial for ExxonMobil. So, Exxon Mobil can stay away from such issues by building a powerful supply chainwith various suppliers. It is important because it will not affect the company from some suppliersengaged in supplying material to the new entrants. Bargaining power of buyersIt has been said that more the bargaining power of buyers, more is the possibility forseeking offers. So, Exxon Mobil can avoid this by building a huge base of the customers becauseit will minimize the bargaining power of buyers and also will help in increasing the productivityof the firm.Threats of substitute productsWhen new entrants also provides some product or service that can act as a replacementfor some other one that is being provided by Exxon Mobile, so it can act as a threat for them. It isbecause people always want to try new and modified products. But, it can be prevented by ExxonMobil as they can still focus on being service oriented rather than being product oriented. Rivalry among existing competitorsThere must be various rivals of the Exxon Mobil in the market place. When it seemsintense, then the company can attract the people with huge cut outs etc. But it can be avoided by2
Pestle Analysis of ExxonMobil : Assignment_4

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