PLEASE PROVIDE FEEDBACK TO THE BELOW NO WORD LIMIT.
“According to Expansion (2020), one of the two largest mergers from U.S. companies in foreign markets are Exxon and Mobil where they are the first and second largest oil producers in the United States.
Some of the pros of these mergers include improved earnings stability, falling oil prices, long term capital productivity, and enhanced competitive advantage in technology (ICMR, 2015). Some of the cons of these mergers were liability exposure, long term bets, politics, and verdicts from investors (Ttaulli, 2011). The impact of IHRM function when developing strategic business practice includes the potential for acquisition of valuable assets, upstream projects and capex, refining margins, credit rating risk, and risk from political correctness and climate change (Bourgeault, 2016).
The business considerations that are needed to adapt to such a changing environment across borders included the climate change and cleaner energy. Understanding Krauss (2021), Exxon decided to help the public with dealing the carbon dioxide issues, so they can grow a long-term shareholder value and succeed in a lower carbon future. Exxon decided to build a business that captures carbon dioxide from industrial plants to bury the carbon dioxide deep underground, which may potentially cost $100 billions of dollars (Krauss, 2021). An event like this which involves the public demands is part of the adaptation that Exxon and Mobil must maintain.
Bourgeault, G. (2016). Exxon Mobil – pros and cons investors need to consider when looking ahead (NYSE:XOM). SeekingAlpha. Retrieved April 4, 2022, from https://seekingalpha.com/article/3825876-exxon-mobil-pros-and-cons-investors-need-to-consider-when-looking-ahead
Expansion, G. (2020). The 7 biggest mergers and acquisitions. Global Business Expansion, PEO and EOR Services. Retrieved April 4, 2022, from https://www.globalexpansion.com/blog/the-largest-mergers-and-acquisitions
ICMR. (2015). The Exxon – Mobil Merger Controversy. The Exxon – Mobil Merger Controversy|Business Strategy|Case Study|Case Studies. Retrieved April 4, 2022, from https://www.icmrindia.org/casestudies/catalogue/business%20strategy2/Business%20Strategy%20The%20Exxon-Mobil%20Merger%20Controversy.htm
Krauss, C. (2021). Exxon Board to get a third activist pushing cleaner energy. The New York Times. Retrieved April 4, 2022, from https://www.nytimes.com/2021/06/02/business/exxon-board-clean-energy.html
Ttaulli. (2011). Exxon Mobil (XOM) shares — 3 pros, 3 cons. InvestorPlace. Retrieved April 4, 2022, from https://investorplace.com/2011/04/exxon-mobil-xom-shares-3-pros-3-cons/ “
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more