Tuesday, February 18, 2020

Sustainability In Business Essay Example | Topics and Well Written Essays - 2500 words

Sustainability In Business - Essay Example As a result, the question arises as to how organizations as well as societies which are capable of sustaining exceedingly productive performance can be developed. Moreover, it has become increasingly comprehensible that â€Å"sustained economic success and quality of community life depends on developing a different relationship with the natural environment† (Dunphy, 2000, p.5), and hence, it is necessary to realize the fact that much of the economic affluence has been attained at the cost of global resources that have been exploited at an unsustainable rate. In the light of these facts, the current research will aim at evaluating the corporate sustainability of three global majors, viz. Royal Dutch Shell plc (Shell), Fluor Corporation (Fluor), and The Kuwait Oil Company (KOC) in terms of the sustainable profiles of different countries wherein they operate. The report will address a range of corporate sustainability issues that organizations commonly face, in order to substanti ate the fundamental premise of this research. The major strengths of the Shell include its internal factors that have lead to rapid growth of the company. It is one of the largest oil companies and it has acquired very strong market position in global oil industry. It enjoys an upper hand position in the market. The company has taken vertical integration for its operations that allows it to enter downstream and upstream activities like oil and gas exploration and refining, business-to-business sales etc (Shell-b, 2009). The company internal strategies and management team are efficient in maintaining the global operational business operations. The company has acquired high technical advancements for their business operational projects. Since last five years, the weaknesses of Shell have become more prominent due to certain negative factors. Firstly, the decreasing profit and sales margins are the major weakness of the company.

Tuesday, February 4, 2020

Exxon Moblie Company Essay Example | Topics and Well Written Essays - 1250 words

Exxon Moblie Company - Essay Example The company had stored over 72 billion equivalent of oil barrels by the end of 2007. The company also has 37 oil refineries in 21 different nations. This makes Exxon Mobil Corporation the world’s leading refiner (Vassiliou 54). This paper will look at the Exxon Mobil Corporation. Exxon Mobil Corporation is the leading of the largest oil producers in the world. The company boasts of an everyday oil production of 3.921 million barrels of equivalent. This was almost 3% of the globes oil production, in 2008. Nonetheless, when Exxon Mobil Corporation is categorized by gas and oil assets, it is placed 14th in the globe. The Daily Telegraph wrote an article in 2012. This article asserts that Exxon Mobil Corporation has become one of the most despised companies in the world, with the ability to influence the fate of many countries and American foreign law. In addition, Exxon Mobil Corporation drills oil in areas leased to them by countries controlled by dictators, for example, Equator ial Guinea and Chad. The company also has little regard for the environment. The company’s chief executive, Lee Raymond, until 2005, opposed the administration’s interference at any stage and was cynical about global warming and climate change (Vassiliou 57). The corporation was condemned for its sluggish reaction to handling the Alaska oil spill. The headquarters of Exxon Mobil Corporation is in Texas, Irvin. The corporation sells products all over the globe under the trade names of Esso, Mobil, and Exxon. In addition, the company owns a number of businesses, for example, SeaRiver Maritime, an oil shipping corporation, and Imperial Oil Limited, located in Canada. It owns 69.6% of the Imperial Oil Limited. The upstream division of Exxon Mobil Corporation leads the corporation’s cash flow. It contributes almost 70% of returns. The Exxon Mobil Corporation’s corporate citizen report in 2006 indicated the company offers 82,000 employment opportunities all ove r the world (Vassiliou 62). The report also asserts that 27,000 workers are located in the company’s Houston upstream headquarters and almost 4,000 workers are in the company’s Fairfax downstream headquarters. Exxon Mobil Corporation is structured functionally into several functioning sections. These sections are subdivided into three groupings. Nonetheless, Exxon Mobil Corporation has a number of supplementary sections, for example, Coal and Minerals, which are separated from the main divisions. The upstream division is located in Houston, Texas. It is concerned with wholesale operations, shipping, oil exploration, and extraction. The downstream division is located in Fairfax, Virginia and is concerned with retail operations, refining, and marketing (Vassiliou 64). Also, the downstream division comprises SeaRiver Maritime, International Marine Transportation, ExxonMobil Refining and Supply Company, and Engineering Company ExxonMobil Research, and ExxonMobil Fuels, Lub ricants and Specialties Marketing Company. In addition, the chemical division is found in Texas. Exxon Corporation’s chief executive officer had a meeting with Mobil Corporation’s chief executive officer in 1998. Both these chief executive officers had initial talks of the probability of a merger between the two corporations. Later on, management proceeded with negotiations and gave the board the results of the discussions. In 1998, the chief