Exxon Mobil Business Plan Part 1
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Strengths
Exxon has a strong brand value within the global market. The company has been ranked 51st in the Brand finance report in 2017 according to brand value. In the oil and gas sector, the company ranks 4th concerning brand value which is $19.227 billion. The second strength is the market position being the largest refiner in the world operating in all the continents for crude and natural gas. The distillation capacity of the company is 136000 barrels per day. The company has extensive operations within the industry selling almost every product that is obtained from the crude oil. The company has an extensive upstream and downstream operations being the world largest seller of fuels and lubes. The company has various projects backed by its strong finances. The projects include conventional heavy oil, Shale gas, Liquefied Natural Gas and Sour gas Projects (Bhasin, 2018 January 13).
Weakness
The company has negative publicity been involved in many lawsuits around the world which includes claims from damages, fines, and penalties. One such trial is the New Jersey trial in which there was an agreement to pay $ 225 million as settlement for contamination at refineries and pollution…
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