Analysis of Exxon Mobil Corporation Business Environment Free Essay Example, 2250 words

The radical changes in the revenue collection and stock market emanate from the high cost of production. The company opted to slash the spending budget by 12% to get 34 billion. The company will normalize the operations and at the same time create a good reputation in the stock market to deter such occurrences in the future. The company achieved that through joining four dozen U. S energy producers that formulated plans to curb capital spending by approximately $ billion. Through the approach, the company would sharply reduce the stock buybacks in the near-term. The other big oil companies have applied the same principles that have worked effectively in reducing cases loss (Crude oil trading, 2014). On 5 February, Exxon Mobil Shares managed to rise the ladder by 0.66percentage to hit $92.06.The superb increase emanates from effective management and monitoring the previous loss of 23.6 billion. Difficult lessons help people to make wise decisions that deter similar problems from hap pening (Crude oil trading. 2014). For instance, the elongated decrease of the market price calls for alarm and, therefore, the analysts must have speculated the market trend that would favor the company. We will write a custom essay sample on Analysis of Exxon Mobil Corporation Business Environment or any topic specifically for you Only $17.96 $11.86/page

Executive Salaries And What It Means To The United States...

Executive Salaries and What it Means to our Economy The economy of the United States is by far the largest and most powerful economy in the entire world. The average family income is roughly $40,000 a year and our GDP (Gross Domestic Product) is well over 10 trillion dollars. The next closest country is Japan with 4 trillion dollars of total GDP.(Johnson Wales: Economics) The United States has so many large corporations it takes someone to run each one and it also take a lot of money to pay someone to be in charge of each one. Top companies in the United States range from automobile manufacturers to household appliance manufacturers to†¦show more content†¦Directors have awarded compensation packages that go well beyond what is required to attract and hold on to executives and have rewarded even poorly performing executives. These executive pay excesses come at the expense of shareholders as well as the company and its employees. Furt hermore, a poorly designed executive compensation package can reward decisions that are not in the long-term interests of a company. Excessive CEO pay is essentially a corporate governance problem. When CEOs have too much power in the boardroom, they are able to extract what economists call economic rents from shareholders (Economic rent is distinct from economic profit, which is the difference between a firms revenues and the opportunity cost of its inputs). The board of directors is supposed to protect shareholder interests and minimize these costs. At approximately two-thirds of US companies, the CEO sits as the boards chair. When one single person serves as both chair and CEO, it is impossible to objectively monitor and evaluate his or her own performance. What can be done about this? The best thing that can happen to let shareholders know about CEO executive pay excesses is to let it come to light. Companie s are required to file documents describing their executives compensation with the U.S. Securities and Exchange Commission (SEC); these often areShow MoreRelatedThe Controversial Issue of Executive Pay in America1253 Words   |  6 PagesThe Controversial Issue of Executive Pay in America The Controversial Issue of Executive Pay in America Over the past twenty years, America has seen a substantial amount of change and development amongst many technological industries. Old ideas have been revolutionized. Technology has been continuously upgraded time and time again. Americans slowly have to do less and less because new inventions are constantly increasing their abilities to do more for us. Cars are getting faster, phones areRead MoreDeveloping A Human Resource Development Strategy1621 Words   |  7 Pagesfirst aspects of making a global move is to develop a Human Resource development strategy. There are many differences when making a localized development strategy opposed to an international strategy. When making this outline in regards to the United States, an HR specialist should make policies and strategies to find the right for a position, come up with a strategically way to offer benefits and compensation and all in all keep their employees happy. This is easy to accomplish in America since weRead MoreOffshoring : The Future Of Our Economy Essay1464 Words   |  6 Pageswages. The average salary for low level finance positions in 2006 is $58,500. (Report on Salary Surveys, 2006). By performing a simple calculation, we discover that by hiring offshore for low level finance positions, US based companies will save approximately $33,390 per employee. According to Jean Paul Vellotti (2006), a journalist for Business News, a typical offshore IT setup includes one technical lead, two senior programmers and two junior programmers. If the salaries of these five positionsRead MoreCeo’s and Upper Management’s Acceptance of over Compensation Are Unethical During Times of Financial Struggle Within Organizations1706 Words   |  7 PagesCEO’s and Upper Management’s Acceptance of over Compensation Are Unethical during Times of Financial Struggle within Organizations Financial Management Abstract This essay discusse s the overpayment of CEOs and the effects these high base salaries have on businesses. Understanding that well compensated CEOs are generally quite productive and well deserving; there are those that seem to drop the ball and the business suffers. CEOs are hired in with contractual compensation packages, whichRead MoreOffer Letter for Shannon Albright: A Case Study1314 Words   |  5 PagesLetter The enclosed is meant to display and represent what is being offered to Shannon Albright in terms of the job offer that is being extended to her. 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Thach examines the failures and success of State constitutions, and the national legislature to show how limited government was transformed from political theory to positive law in the United States. In politics there is a lingering question of what determines good government, Thach’s analysis on the American system prove that good government must contain energy and limitations. The United States of America was founded on a distrust of monarchical governments. In responseRead MoreCase Analysis Of Senate Bill 881271 Words   |  6 PagesSenate bill 88 states the Narcotic Treatment Programs Enforcement Act. The act has been effective since May 4, 2017. The purpose of this bill is to mandate the department of community health to implement quality and services for narcotic treatment programs. The bill set standards for narcotic treatment programs and prioritizes treatment of drug dependence pregnant women. The votes for this bill were fifty yes, two no, and three others. 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Some observers blame the recent recession in part on the unsound compensation arrangements for the top management of major financial institutions. For almost 20 years, a growing reprise of voices—including some shareholders, the business media, policymakers, and academics—have been criticizing the way top managers

Modernization Shakespeare Free Essays

There have been, throughout time, countless new versions of William? s Shakespeare â€Å"Romeo and Juliet†: Nevertheless, Baz Lurhmann directed a very modern version of this famous play, replacing daggers by guns and horses by cars, and even more. The main reason and advantage of the modernization of certain scenes is to lead to a clearer meaning and a better understanding of the story. First, the director emphasized the situation or the feelings of the characters by using modern means such as fireworks for an intense party or guns or fire for hate. We will write a custom essay sample on Modernization Shakespeare or any similar topic only for you Order Now This is even more clearly shown in the elevator scene, where Romeo and Juliet go hide to kiss, the elevator symbolizing the fact that they want to be away from the others and forget about the world. Also, the costumes during the party give us a clearer idea of the characters? personalities and roles: Juliet, as an angel, is represented as innocent, virgin and pure; Romeo as a masked knight is hiding from the Capulets and is Juliet? s savior; Tybalt, disguised as a devil, is evil and full of anger, and finally, the prince is represented as a policeman throughout the whole movie, in order to emphasize his authority. Another modern way to express more clearly the character? s feelings, apart from Shakespeare? s dialogs, are the songs, which set rapidly the atmosphere of the scenes, because of its music, and its explicit lyrics. For example, the song â€Å"Kissing you† sets a romantic atmosphere. On the other side, some of the modernization takes away from the play, and I think Baz Lurhmann used to much vulgarism in his movie, which can make it look sometimes ridiculous and exaggerated, and made the spectator feel a little disappointed. For example, the presence of drugs, and shocking costumes or dances, such as Mercutio? disguise and performance during the party, was not necessary for the understanding of the story. Also, Friar Laurence doesn? t seem as wise or pious as in the play when he is sleeping in the middle of his plants, with a flowery shirt. Finally, the fact that Juliet shot herself in the head at the ending scene seems like a more violent, bloody and hard way to die than by the dagger in the play, which is a more â€Å" romantic† way to die. As a conclusion, the modernization of William? s Shakespeare play brings a lot to the story, but also takes away some of its original romanticism, which is replaced by vulgarity. How to cite Modernization Shakespeare, Papers