key term - ExxonMobil

Definition

ExxonMobil is one of the world's largest publicly traded oil and gas companies, known for its operations in exploration, production, transportation, and sale of crude oil and natural gas. It also engages in the manufacturing of petroleum products and the generation of power.

Related terms

Global Marketplace: A competitive environment where businesses operate on an international scale, buying from and selling to markets around the world.

Equity Financing:

The process of raising capital through the sale of shares in a company, which can be used for expansion projects or improving operations.

Centralization:

The degree to which decision-making authority is concentrated at higher levels in an organization, often seen in how multinational corporations like ExxonMobil manage their global operations efficiently from central headquarters