Strategic Management and Strategic Competitiveness Choose one (1) public corporation in an industry with which you are familiar. Research the company on its own Website, the public filings on the...

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Strategic Management and Strategic Competitiveness


Choose one (1) public corporation in an industry with which you are familiar. Research the company on its own Website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), and any other sources you can find. The annual report will often provide insights that can help address some of these questions.


Write a four to six (4-6) page paper in which you:



  1. 1. Assess how globalization and technology changes have impacted the corporation you researched.

  2. 2. Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.

  3. 3. Assess how the vision statement and mission statement of the corporation influence its overall success.

  4. 4. Evaluate how each category of stakeholder impacts the overall success of this corporation.

  5. Use at least two (2) quality references.


  6. Note:
    Wikipedia and other Websites DO NOT quality as academic resources.


Your assignment must follow these formatting requirements:



  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.



  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.


The specific course learning outcomes associated with this assignment are:



  • Determine ways in which the vision, mission, and stakeholders of a firm impact that firm’s overall success.

  • Use technology and information resources to research issues in business administration.

  • Write clearly and concisely about business administration using proper writing mechanics



Answered Same DayDec 26, 2021

Answer To: Strategic Management and Strategic Competitiveness Choose one (1) public corporation in an industry...

Robert answered on Dec 26 2021
120 Votes
Strategic Management and Strategic Competitiveness
STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS
STUDENT NAME
INSTRUCTOR CODE
COURSE CODE
DATE
Strategic Management and Strategic Competitiveness
2

Exxon mobil can be called as an American Multi-national company. The Company started its
operation in the year of 1999. The Headquarters of the company is situated in Irving, Texas
united stated America. The company can be called as the largest public traded company in the
country. The company has operations in the all parts of the world. The Chief executive officer
and chairman of the company is Rex W. Tillerson. In the year of 2014 the company earned
revenue of US$ 394.105 billion. The company is providing different products and services. The
major products of the company include Fuels, lubricants, petrochemicals and refining.
Impact of globalization and technology changes in Exxon Mobil
The changes in technology directly affected the operations of the company. We know the fact
that due to impact of globalization and recent trends most of the companies are faced different
problems. In the case of Exxon Mobil we can understand that the company considered
globalization as an opportunity to enter in to emerging economies. They also introduced different
technologies such as Full Wavefield Inversion, Seismic imaging and deepwater technology for
managing the globalization challenges in productive way. The company also used vertical and
horizontal integration strategy for reducing the problems related with the technological changes.
The company acquired small companies for entering in to foreign markets for diversifying the
risks in an effective way (Wheeler et al 2017). We know the fact that if the companies failed to
introduce productive technologies at right time, it will affect the overall operations and activities.
While analyzing the case of Exxon Mobil we can understand that they integrated new
technologies with organizational goals and objectives and it helped for attaining the
organizational success.
Application of industrial organization model and the resource-based model
Strategic Management and Strategic Competitiveness
3

 Application of Industrial organization model
External environment
While analyzing the external environment we can understand that OPEC controls and dominate
the industry and the company faced tough competition from the domestic and foreign companies
Attractive industry
The industry is highly attractive and competent. The demand for of oil and other aspects is very
high.
Strategy Formulation
The company uses different policies and practices for formulating the strategy in a effective way.
They also consider the influence of internal and external environment factors.
Assets and skills
The company is providing different training and development programs for implementing the
strategy in productive way. They...
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