The Exploration on Intelligence Operations Essay

The Exploration on Intelligence Operations - Essay Example Ideally, ILP addresses security threats and establish mechanisms within a community that help in identifying the initiation and growth of crime. The inclusion of improved intelligence operations, community policing and problem-solving in ILP derives fundamental benefits in defining federal security (Bureau of Justice Assistance 2). In a world where criminal tactics are evolving (Boba-Santos 52-57), the American intelligence community had to develop and adopt improved intelligence operations and effective mechanisms of managing intelligence analysis (Clark 8-11). Clearly, Clark demonstrates that the concept of intelligence led policing defines a finer and more effective intelligence intelligence-led guarantees increased security and reduced crime (102-105). With ILP, law enforcement officers have gained the capacity to make effective and timely security decisions that help in curbing national and global crime (Bureau of Justice Assistance 4). Indeed, ILP reduces crime rate since the i mproved intelligence operations help in identifying crime and criminals (Bureau of Justice Assistance 9). This emanates from the fact that ILP concentrates on key criminal activities where is enhances the investigation, apprehension, and prosecution of criminals. ILP supports community policing that helps in targeting criminals, managing crime, investigating crime, and preventing crime in the community (Virginia Department of Criminal Justice Services 2). Moreover, the combination of community policing and ILP develops new ideas and changes that foster crime reduction in the long term.  

How significant were the neandertals to the evolution of anatomically Essay

How significant were the neandertals to the evolution of anatomically modern humans - Essay Example Neandertal fossils date back to 130 000- 30 000 BP throughout the region of Eurasia. Their fossils were morphologically different from modern man in that they were ruggedly built with thick chest (Lahr 130). The Neandertals were very strong and muscular; an adaptation that helped them to survive in tough conditions. According to Hublin, the Neandertals spent most of their lives in caves given that their reign was during a period of long glacial maximum. Although referred to as ancient cavemen, recent archaeological studies have pointed out that the Neandertals were intelligent considering the fact they used stone tools and sometimes fire. (Ponced et al,13767). Thus, new evidence suggests that although the Neandertals were slightly physically different from the anatomically modern man, both shared a lot of characteristics. According to Roebroeks, anatomically modern man came into direct contact with the Neandertals about fifty thousand years ago (p. 438). The neandertals and modern ma n were forced to compete for the resources available like food and locations (Mellars 103). However, the highly specialized morphology of the Neandertals began working to their disadvantage due the climatic changes. There is no conclusive evidence to ascertain whether modern man was more evolve than the neandertals at this point in history. However, the discovery of cultural items associated with early modern man suggest that indeed, neandertals were less evolved in comparison (Hardy 35). Since both the neandertals and modern man shared diets, the competition for food grew fierce with time. Eventually, the neandertals were pushed towards harsh and less fertile environment which heralded their demise. It should be noted that modern man and neandertals were very similar. Research by Currat pointed out that modern man and neandertals had similar cultures (p. 15129). For instance, both were cognizant of the significance of death and tools of trade were inherited. Although they both had had significant morphological differences, their genetic distinction could still allow for mating to produce offspring that was viable. The possibility of interbreeding between modern man and neandertals may offer insight into the similar traits between the two (Weaver et al 464) . The gene of microcephalin is archeologically attributed to neandertal man. This trait was absent in modern man genome up to approximately one million years ago. Its presence in anatomically modern man thus points out to interbreeding with the neandertals. The gene that allowed for more brain development and intelligence was critical for the existence and survival of modern man (Ponced 1365). This gene was rapidly propagated through the modern man by positive selection and it is now present in a majority of the world population. Thus, it is evident that neandertals passed on some superior genes of brain development to modern man which contributed significantly to their evolution. The intelligence gene was advantageous to the progress and survival of anatomically modern man in a dynamic world. According to Blow et al, further research into the DNA of Neandertals has indicated compellingly that in deed anatomically modern man and neandertals interbred (1367). This conclusion was reached after the study found out that modern man had a gene that helped to develop resistance to virus that was previously found in

LEAN Essay Example | Topics and Well Written Essays - 500 words

LEAN - Essay Example In this case, waste should be avoided by the organization since it specifically targets poverty stricken areas. The broad aim of the organization is to alleviate poverty among the less privileged societies hence the need for it to remain focused through the removal of waste. The next step that can be carried is to map the value stream of the customers. This is a very important part since it helps the organization to deliver value once it familiarises itself with the needs of the customers. The organization can use this principle in order to deliver value to the people. The other important principle of lean thinking is to create flow by eliminating waste. In a service organization, steps ought to be taken in order to ensure that waste is eliminated so that its goals can be achieved without any interruption. It is also important for Care international to ensure that it responds to customer pull and demand. If the organization is in a position to establish the needs of the targeted customers, then it is in a better position to satisfy their needs. The last principle is related to pursuant of perfection. The organization can achieve success through perfecting its operations so that the targeted customers get the value of the service offered. In undertaking its activities, Care International can implement the seven wastes of lean namely: transportation, inventory, motion, waiting, overproduction, over processing and defects (Quality Assurance Solutions, ND). . It is important for the organization to ensure that it is capable of transporting the goods to the targeted people so that loses that can result wastes are not recorded. The other important element is to ensure that inventory does not become a waste by storing excessive quantities of goods that are not required by the customers. Excessive motion can also result in wastes since high costs can be

Issue in personal finance Research Paper Example | Topics and Well Written Essays - 1250 words

Issue in personal finance - Research Paper Example Taxes are the compulsory charges against the income. Taxes are charged as per tax laws and these laws include provisions whose right understanding can lead to minimization of tax liability. This report will discuss the ways in which taxes on incomes can be minimized to leave individual with maximum possible take-home-pay to support his/her financial plans. This report will discuss tax management issues in the perspective of United States’ tax laws. Tax Administration, Nature of Taxes and Tax planning US citizens pay the largest amount of tax on incomes (Garman, 1999). In US the Internal Revenue Service (IRS) is responsible to collect tax on personal income of US citizens. The tax is collected as per the rules of ‘Internal Revenue Code’. The nature of US income tax is progressive which implies that higher tax would be charged from high income recipients and vice-versa. In progressive taxation system higher marginal portions of the income are charged to tax at highe r rate. There are two ways in which U.S citizens discharge their tax liability. One method is tax ‘withholding by employer’. Employer deducts a specific amount on account of employee’s tax liability from its paycheck. ... Tax is paid in four quarterly installments of April 15, June 15, September 15 and January 15. Rationales behind avoiding tax or minimizing it Paying tax involves the opportunity cost of forgoing some consumption that could have possibly satisfied a want. Moreover the substantial amount of money given in taxes also involves a loss of possible investment of that money in some venture that earns an interest. Hence if tax liability can be reduced legally, it is likely to benefit tremendously individual in terms of higher income to support his/her financial objectives. Ways to legally minimize tax liability 1. Reduction in taxable income If taxable income is somehow reduced it would result into lesser tax liability for an individual. There are various provisions that can make taxable income reduced. One such provision is the deduction allowed on account of contribution to IRS approved health premium plan. Under this plan employee pays a certain amount for heath benefit premium. This amoun t is deductible from income when calculating the taxable income. Hence such amount avoids income tax, social security and Medicare. ‘Flexible spending accounts’ is another tax shelter offered by employer. In this case employee is supposed to make contributions into government approved medical or dependent care reimbursements accounts. Such amounts are deducted when calculating taxable income and hence avoid any charge on account of income tax, Medicare or social security. 2. Tax-sheltering returns on investment Congress permits several investments whose return is exempted from tax either or such investment, in some way, cause reduction in tax liability. Such tax-shelter is provided

Assessment item 3 . Report Essay Example | Topics and Well Written Essays - 1000 words

Assessment item 3 . Report - Essay Example For instance, a study conducted among students at Loyola University of Chicago revealed that communication could facilitate a specific target that aims to change or reform something, which in this case was a campaign for social justice. The process involved using communication in order to advance the project, with undergraduate students applying communication theories into practice to facilitate talk and action, which resulted in a campus-wide initiative that spurred dialogue, debate, and consensus building. (Cissna 2009, p497) With the positive outcome of the project, it became clear that the theories that were put into practice successfully achieved the purpose and objectives of the students involved. This may be a very specific or small example, but that it demonstrated the potency of effective and systematic communication at work. Sluijsmans, Dochy and Moerkerke (1999) emphasized that, â€Å"students in modern organizations should be able to analyse information, to improve their problem-solving skills and communication and to reflect on their own role in the learning process.† (p293) II. ... Also, from the students’ end, the interest is also generated out of the desire to please and impress by how well a specific project or report is delivered in front of his or her classmates. One of such students remarked that â€Å"peer assessment is one of the most nerve-wracking class activities because one has to get the approval of not just one individual but a bunch of people.† (Personal Correspondence) Seger, Dochy and Cascallar (2003) succinctly defined peer assessment as the â€Å"arrangement for learners and/or workers to consider and specify the level, value or quality of a product or a performance of other equal-status learners and/or workers.† (p65) A research by Mizoguchi, Dillenbourg and Zhu (2006) on the subject reported that it has become a very popular instructional assessment method as it reached a particular level of reliability and effectiveness because it supposedly â€Å"improve the high-order thinking and learning motivation of students.â⠂¬  (p298) Unarguably, scholars and academics are quite enthusiastic about this learning model, which can be integrated in a number of classroom activities such as in writing, drafting portfolio, presentations, test performance, and even those that involve behaviors, and a number of others. It is safe to say the possibilities are endless to a creative teacher. Specific benefits of peer assessment, from the perspective of students, are as follows: Students learn in a non-threatening and often friendly environment. About 60 percent of students are, according to Irons and Alexander (2004), content to allow averaged final student assessments to be used summatively, but only if these were moderated by the teacher. (p93) There would be more feedback generated for a specific work or task done not just from the

Sparknotes Extremely Loud and Incredibly Close Essay Example for Free

Sparknotes Extremely Loud and Incredibly Close Essay This chapter introduces one of the primary motifs of Into the Wild, that of documents. Because the books subject, Christopher McCandless, has died before author Jon Krakauer can meet him, Krakauer must rely on the testimony of the people McCandless encountered in order to stitch together the story of the young mans journey — and especially on the documents McCandless left behind. The first of these documents is McCandlesss S.O.S. note. Others will include his journals, the notes he made in the books he read, graffiti he scratched into various surfaces, and photos he took of himself. To these Krakauer will add maps of the places McCandless visited, relevant quotations from a wide variety of authors, and even a brief memoir of the authors own young manhood, inserted near the end of Into the Wild. All of these enrich our understanding of McCandless and help us to believe that the amazing story we read in Into the Wild really happened. The fact that someone as articulate and effective at communicating as McCandless died alone, having written a kind of letter (the S.O.S. note) that went unread until it was too late, is an example of irony. Also ironic: McCandless, who encountered no one during the four months between his entrance into the bush and his death there of starvation, is discovered not by one fellow trekker but by five — all within days of McCandlesss death. Chapter 3 This chapter begins to explore the character of Christopher McCandless in depth. Far from being a stereotypical slacker, he was hard-working, according to Wayne Westerberg. The fact that he had read the long and difficult War and Peace indicates that McCandless was intelligent and studious. (Indeed, we learn as well in this chapter that he was a success at selective Emory University.) Most indicative of all with respect to McCandlesss character are the things he renounced: $24,000 and his very name. In doing so, he seems to have been rejecting his family and what he saw as their materialistic values. This information doesnt fully explain why Christopher McCandless would forge alone into the Alaskan wilderness, but it begins to address the motivation for this bizarre act. The fact that McCandless never told his parents what he planned to do could indicate a lack of resolve on his part, or even cowardice. It also shows that the young man thoughtful enough to present Wayne Westerberg with an inscribed copy of one of his favorite books was callous enough regarding his parents feelings to leave them in the dark regarding their sons whereabouts. Considering that he eventually would die of starvation, McCandlesss gift of $24,000 to OXFAM, an organization dedicated to fighting hunger, is an example of irony. Chapter 4 This chapter unearths additional motivation for McCandlesss irrational Alaska trek to come. During his time in Mexico, he lived on nothing more than five pounds of rice and what marine life he could pull from the sea, and Krakauer points out that this may have accounted for the young mans belief that he could live off the land in the Alaskan wilderness. (Undeniably, McCandless proves himself remarkably capable in this chapter, canoeing through hundreds of miles of hostile landscape and even crossing an international border undetected.) And yet other questions remain unanswered. His mother says that Chris was very much of the school that you should own nothing except what you can carry on your back at a dead run. She doesnt say why this is so, however. The motif of friendship emerges further in these pages, as McCandless, who earlier struck up a friendship with Wayne Westerberg, befriends Jan Burres and her boyfriend Bob. One of Into the Wilds many ironies: a young man compelled toward a solitary life, who eventually will die alone, was quite gregarious and made friends easily. Another irony: McCandless abandons a car, the only problem with which is a wet battery, and burns his cash — but quits a job when it becomes clear that he wont be paid for his hard work. He has a complicated relationship with money and possessions, to say the least. Chapter 5 In this chapter, a theme introduced when McCandless presented a copy of War and Peace to Wayne Westerberg reappears: the young mans abiding love of literature. Since childhood, he was obsessed with the novels and stories of Jack London, who condemned capitalism and glorified nature. According to Krakauer, however, McCandless forgot he was reading fiction and conveniently overlooked the fact that London himself had spent just a single winter in the North and that hed died by his own hand on his California estate at the age of forty, a fatuous drunk, obese and pathetic. Krakauer characterizes his protagonist more deeply by means of contrast with those who surround him: Note that even at the Slabs, where snowbirds, rubber tramps, and other antiestablishment types congregated, McCandless was an anomaly: an individual who wanted life to be not easier (as most of the habituà ©s of the Slabs presumably do) but more difficult. Thus he prepares at the Slabs for a life in the harsh wilderness of Alaska. Notice as well the extent to which author Krakauer relies on documents left behind by McCandless to tell the young mans story. During this part of his journey, he ceases regularly keeping a journal, and Into the Wild becomes sketchier, more reliant on authorial inference. Chapter 6 The theme of this chapter is the astonishing ability of Christopher McCandless to win friends and influence people. Not only did he befriend the octogenarian Ronald Franz, but he convinced the old man to change his ways fundamentally at a time in life when most people have settled down for good. It is important to understand that McCandless fled society not because he couldnt get along with others, but because he chose to be alone. The fact that McCandless achieved this effect by means of a letter speaks to the power of the written word. Remember that he was inspired to head into the wild by books he read (Tolstoys, Jack Londons, and others) — and that it is a magazine article which informs the hitchhiker Franz picks up at chapters end that McCandless has died, thus inspiring the old man to give up on life. Chapter 7 Regarding McCandlesss character, it is interesting — and of course believable — that he can be intelligent, hardworking, and resilient, yet lack mechanical dexterity and perhaps even common sense. While the former characteristic, his awkwardness with machines, is consequential in ways that he manages to recover from (as in the abandonment of his car), the latter, his difficulty being just plain sensible, will have a greater impact. McCandlesss rage toward his parents, and particularly his father, is something that many of those who meet him pick up on. It seems to be their lifestyle more than anything else that McCandless is rejecting when he flees the conventional middle-class American way of life, though why it so repels him is never made completely clear by Into the Wild. It is not uncommon for men and women of Christopher McCandlesss age to flee their parents particular ways of doing things (psychology even has a term for this dynamic: reaction formation), but rarely is the response so extreme, so complete. The degree of McCandlesss renunciation of his familys values is a large part of what makes Krakauers book so fascinating. Finally, there is something admirable about McCandlesss utter devotion to what he believes in. It is easy to be inspired by books and the ideas they espouse, but not so easy to live the kind of life envisioned by thinkers like Tolstoy and London. McCandless talks the talk in a way that alienates fewer listeners than one would predict, but he walks the walk, too — which may account for the fact that so many of those he encountered continued to listen. Chapter 8 This chapter offers context for, and thus perspective on, McCandlesss situation. By quoting from some of the many outraged responses to his article, Krakauer shares with the reader the typical reaction to McCandlesss story: smug superiority laced with disbelief that anyone could be so foolhardy. And yet, as the examples of Rosselini, Waterman, and McCunn demonstrate, McCandless is hardly the only individual impelled to live off the land in the Alaskan wilderness. At the same time, these others provide Krakauer with an opportunity to highlight McCandlesss uniqueness; the author characterizes him by contrast with his predecessors. Similar to Rosselini and Waterman, Christopher McCandless was a seeker and had an impractical fascination with the harsh side of nature, the author writes. Like Waterman and McCunn, he lacked common sense. McCandless was unlike Waterman in that he was mentally stable. And in contrast to McCunn, McCandless didnt expect to be saved. Although he was rash, Krakauer summarizes, McCandless wasnt incompetent — he wouldnt have lasted 113 days if he were. And he wasnt a nutcase, he wasnt a sociopath, he wasnt an outcast. McCandless was something else. . . . A pilgrim perhaps. Chapter 9 This is a second consecutive chapter in which the author attempts to illuminate McCandlesss character by comparing and contrasting it to those of his predecessors. In doing so, Krakauer further convinces the reader that although McCandless was unique, the impulses that drove him were not unprecedented. Nor are these impulses an exclusively American phenomenon. In fact, although rare, the drive toward solitude crosses continents and millennia, as the example of the Irish monks demonstrates. Chapter 10 By flashing forward to McCandlesss death, Krakauer intensifies the drama of his story. He reminds us that McCandlesss adventure ends tragically. In addition, the author emphasizes the young mans connections to those whose lives he touched: friends Gallien and Westerberg, as well as MCandlesss relatives. The prior two chapters have emphasized McCandlesss commonalities with others who have sought adventure and solitude in the wild. This short chapter reminds us that, although it was not unique, McCandlesss story was noteworthy, newsworthy — it was covered not only in Alaska but in the national press. Chapter 11 This chapter asks more questions than it answers — and understandably, since the riddles it poses cannot be solved definitively. Are Christopher McCandlesss parents responsible for their sons death? Was his personality shaped by, or even inherited from, them? Could his parents have interceded and altered his behavior, thereby changing his fate? For that matter, what exactly was McCandless rebelling against, aside from middle class ennui? Also, wouldnt it have been more productive for him to have resumed his work on behalf of the homeless, hungry, or disenfranchised after college, instead of indulging his whimsical notions of (his own) survival? Chapter 12 Two factors emerge in this chapter that clearly contributed to McCandlesss flight into the wilderness — and his eventual death. First, Walt McCandless comments that Chris was good at almost everything he ever tried . . . which made him supremely overconfident. This bit of characterization goes a long way toward explaining McCandlesss bewildering lack of preparation for his Alaskan adventure. There is no evidence that he failed at much, if anything, during his childhood and adolescence, which may have exacerbated the hubris naturally felt by many young adults. As to why McCandlesss overconfidence found its outlet in a radical rejection of his parents bourgeois values — and his family altogether — the information that emerges in this chapter about his fathers double life could well have offered the motivation. Krakauer doesnt linger on this episode, but if nothing else, it seems to have provided the match that lit McCandlesss short fuse. Chapter 13 During the plane ride home with Chriss remains, his sister Carine eats every scrap of food the cabin attendants set in front of her. Soon afterward, however, she discovers she has no appetite and loses so much weight that friends think she has become anorectic. Chriss mother also stops eating, losing eight pounds. His father, Walt, responds the opposite way, putting on eight pounds. Though both compulsive eating and loss of appetite are not uncommon responses to stress and grief, it is hard not to see the McCandless familys food-related behaviors as connected to Chriss demise. It is as if Billie and Carine are identifying with him, feeling Chriss pain, while Walt is compensating for what killed his son — though none of them are doing what they do intentionally, or even consciously. Chapter 14 Up to this point in Into the Wild, author Jon Krakauer has maintained journalistic objectivity, or at least the appearance of objectivity. In this chapter he abandons that perspective. Note, however, that Krakauers integrity as a journalist is not compromised, since he is entirely up-front about the experiences he shares in common with his subject, McCandless. In fact, it would be more ethically suspect if Krakauer did not divulge that he had his own into the wild experience as a young man. Because of his candor, readers are able to take this into account when the author views McCandlesss activities with some sympathy. And as a result of reading this chapter and the one that follows, the reader moves closer to McCandless and his perspective. Not only Rosselini, Waterman, McCunn, and Reuss (as well as the Irish monks described) have shared McCandlesss impulses, but the author himself. Behavior that seemed utterly bizarre, at the start of Into the Wild, is becoming easier to conceive of with every successive chapter. Chapter 15 his chapter further develops the motif of fathers and sons, suggesting explicitly that sons often rebel against their fathers at the same time that they are powerless to resist paternal traits they have inherited. Clearly Krakauer believes that McCandless was driven to do what he did in large measure by his relationship with father Walt. And this is only part of what Krakauer believes he shared with McCandless. They also shared hubris. It is easy, when you are young, he writes, to believe that what you desire is no less than what you deserve, to assume that if you want something badly enough, it is your God-given right to have it. When I decided to go to Alaska that April, like Chris McCandless, I was a raw youth who mistook passion for insight and acted according to an obscure, gap-ridden logic. Which is not to say that Jon Krakauer believes his younger self to have been identical to Christopher McCandless in every respect. Krakauer says he wasnt as intelligent as McCandless and didnt possess his lofty ideals — but young Krakauer was also, crucially, a superior outdoorsman. Chapter 16 This chapter, the heart of Into the Wild, reconstructs McCandlesss climactic Alaska adventure, following him into the bush and observing his admirable survival skills. Although Krakauers book is an adventure story, Into the Wild is also a study in character, and Chapter Sixteen is no exception. McCandless is revealed in the moose episode to be highly ethical and deeply sympathetic; the reader cannot help being moved by the enormity of the young mans despair over wasting his kill. By the same token, McCandlesss lack of foresight and his hubris, apparent in a low-level way prior to this time, now yield consequences that will be fatal. He did not anticipate that melting snow would swell the bodies of water he crossed on his way into the bush. And his arrogant refusal to bring a map prevents McCandless from learning that, despite its increased size, the river is fordable upstream — another in a series of ironies that punctuate this book Chapter 17 The ironies multiply in this, the books penultimate chapter. The basket that Krakauer and his companions discover at the U.S.G.S. station has been secured by hunters to the side of the river on which McCandless camped so as to make crossing the Teklanika harder for outsiders. If hed known about it, the author writes, crossing the Teklanika to safety would have been a trivial matter. Because he had no topographic map, however, he had no way of conceiving that salvation was so close at hand. In another irony, McCandless was close to not only the abandoned gauging station but three empty hunting cabins, as well. Did he really go into the wild after all? Undoubtedly he was living in a hostile environment during the months he spent in Alaska, but some wouldnt call the area he inhabited the wilderness at all. Chapter 18 Did McCandless finally come to forgive his family, as evinced by the HAPPINESS ONLY REAL WHEN SHARED inscription he wrote toward the end of his life? Perhaps — but note that in all of his writings, there is nothing that explicitly reaches out to his parents or his sister, Carine. McCandless never acknowledges them, even to say goodbye. Note, too, that Krakauers theory on McCandlesss death, that it was caused by mold on wild potato seeds, is just that: a theory. It is not definitive. To some degree it is beside the point anyway, since one could argue that it wasnt so much starvation that killed McCandless as arrogance and shortsightedness.

Effects of the Environment on Exxon Mobil Corporation

Effects of the Environment on Exxon Mobil Corporation Oil and gas industry has already become one of the leading industries in the world. The company that has significant role and makes vast amount of profit from energy industry is Exxon Mobil Corporation. History. Exxon Mobil Corporation or also known as Exxon Mobil is an American international petroleum and natural gas company, which was created in 1999. Company has an extensive history for about 125 years. It has had history since 1870, the year when John D. Rockefeller and his partners established Standard Oil Company. This company was very successful for thirty years and by the year 1878, it was controlling 95% of US the oil industry (Wikipedia, Exxon Mobil, 2010). Nevertheless, with public protest at a culmination in 1911, the Supreme Court of the United States decided to divide one big company into 34 small companies. Two of these companies were Jersey Standard and Socony, which finally became Exxon and Mobil. In 1998, these companies signed an agreement, which cost $73.7 billion , in order to merge and create a new company called Exxon Mobil Corporation. The merger was completed on November 30, 1999 and this corporation became the largest company on the planet (Wikinvest, Stock-XOM, 2010) Products. Exxon Mobil produces fuels, lubricants and petrochemicals worldwide. Company operates in three main categories such as upstream, downstream and chemicals. Upstream operations are important part of a company, which are involved in the exploration along with production of oil and natural gas. Exxon Mobils upstream sector earned $17 billion in 2009, which means 88.1% of 2009 earnings (Exxon Mobil, Annual report, 2009 ) Downstream sector is involved in the refining as well as marketing of oil and natural gas. It makes 9.3% of profit with $1.8 billion in 2009 year. (Exxon Mobil, Annual report, 2009) Chemicals division uses oil to produce and sell commodity petrochemicals and earned $2.3 billion, which made 11.9% of profit in 2009. (Exxon Mobil, Annual report, 2009 ) Exxon Mobil Corporation operates with three brands such as Exxon, Esso and Mobil. All these brands are well known around the world, because there are 28,000 Exxons and Essos service stations in 118 countries. As for Mobil brand, it can be example of motor oil Mobil 1, which is also popular in Uzbekistan. (Corporate Watch, 2008) Market share. According to Global 2000 list of Forbes, the company has been ranked #4 between largest public companies in the world (Forbes, 2010). In addition, it is #1 in oil and gas industry in United States, which produces about 3% of the worlds oil and 2% of the world energy sources(Exxon Mobil, 2010). Exxon Mobils net income was $19.3 billion and its total revenue was $310.58 billion in 2009 (Exxon Mobil, Annual report, p 2009). In contrast with previous years it is much less, as in 2008 the net income of company was $45.2 billion and total revenue exceeded $459.6 billion (Exxon Mobil, Annual report, p 2009). It can be said that economic crisis influenced companys profit significantly, but in spite of this challenges, company continuing working hard and improving the quality of its products. The results of hard work can be seen from the average of daily production that was 170 thousand barrels of oil and 149 million cubic feet of sales gas in 2009 (Exxon Mobil, Annual report, p 2009). In third quarter of 2010, Exxon Mobil reported that earnings during quarter were $7,350 million, up 55% in comparison with the third quarter in 2009 (Exxon Mobil, 3rd quarter report, p 2010). Company size. The size of the company can be seen from the number of employees and sectors around the world. Exxon Mobil has approximately 80,700 employees in 77 countries (Exxon Mobil, Annual report, 2010) and also it has 15 operating divisions such as: ExxonMobil Exploration Company ExxonMobil Development Company ExxonMobil Production Company ExxonMobil Gas and Power Marketing Company ExxonMobil Upstream Research Company ExxonMobil Refining and Supply Company SeaRiver Maritime ExxonMobil Fuels Marketing Company ExxonMobil Lubricants Specialties Company ExxonMobil Research and Engineering Company ExxonMobil Chemical Company ExxonMobil Information Technology Global Real Estate and Facilities Global Procurement Business Support Centers (Wikipedia, Exxon Mobil, 2010) Company Location. The main center of operations of the company is located at Irving in Texas. The upstream and chemical divisions of Exxon Mobil are at Houston in Texas, while the downstream division is placed in Fairfax in Virginia (Exxon Mobil, 2010). Effect of Economic Environment Economic growth. Economic growth is one the main factors that can affect companys revenue and expenditure. Exxon Mobil Corporation is very influenced by economic conditions in United States. In the third quarter of 2010, economic conditions in USA were slightly high than it was in the second quarter. The Gross Domestic Product rate expended at 2.5 percent and this lead to increasing of product demand of Exxon Mobil (Trading Economics, 2010). Due to higher demand for oil, earnings of company in this district were $7.4 billion, up 55% from third quarter of 2009 (Exxon Mobil Financial and Operating Report, 2009). Income level of population. Population is very important aspect of every industry and its income level have an effect on product prices. For instance, median income of population in the United States for 2009 year was $49,777 (U.S. Census Bureau, 2010) and this changed prices for crude oil. In 2009, price for per barrel of oil was about $45.88 (Oil Prices, 2010). However, due to significant changes in economy in 2010 year crude oil price averaged roughly $78 per barrel (Oil prices, 2010) Interest rate. The standard interest rate in the United States was 0.25 percent for 2010 and rate decisions were divided between the Board of Governors of the Federal Reserve and the Federal Open Market Committee (Trading economics, 2010). For Exxon Mobil Corporation global oil demand is expected to increase by almost 35% until 2030, which will make huge profits for the company (Exxon Mobil, 2010) 2 Inflation. Inflation rate is also one of the factors that can actively have an effect on product prices. The last report about inflation rate in United States was made in October of 2010 and the rate was 1.2 percent (Trading Economics, 2010). As it can be seen from the table above, the inflation rate is decreasing in United States in 2010 year. These fluctuations can slightly change the price for gasoline. As an example we can look into the history, during The First World War price for gasoline was $0.25 per gallon (Trading Economics, 2010). However, due to inflation rate in 2001 the price of gasoline has averaged about $2.00 per gallon in inflation-adjusted dollars over the last 80 years (Exxon Mobil, 2009). As inflation rate will increasing in the future and also prices for energy will increase, too. 3 Fiscal Policy. One of the governments influences to company is a fiscal policy and this factor has very big influence on companys revenue. From 2005 through 2009, Exxon Mobil Corporation taxes for United States were $63 billion. In 2009, Exxon Mobils tax rate was 47 percent and its tax expenses amounted to $81 billion around the world. It is more than four times of companys earnings. (Exxon Mobil, Taxes, 2010) 4 Exchange rates. Exchange rates help company to trade worldwide. The appreciation and depreciation of currency can be either positive or negative. It depends on economics conditions in particular country. For example, Exxon Mobils effects of exchange rate changes on cash were $520 million in 2009 (Wikinvest, Exxon, 2009). However, corporation makes limited use of currency exchange contracts, futures contracts, product forwards and swaps to mitigate the impact of changes in currency values and product prices. Effect of Industry Environment Petroleum industry. There are about 200 oil companies around the world and totally all of them produced 72.26 million barrels of oil every day in 2009 (Petro Strategies, Inc, 2010). A total product shipment of petroleum annually is about $219 billion, which confirms that the petroleum industry is one of the largest industries. (Petro Strategies, 2010) Exxon Mobil Corporation is one the six major public oil companies in the world. Its competitors are: Chevron Corporation Royal Dutch Shell British Petroleum Total S.A. ConocoPhilips Chevron. The second largest oil and gas company, behind Exxon Mobil in United States is Chevron Corporation. Chevron Corporation or Chevron was known as Standard Oil of California and was established amid the antitrust break up of John D. Rockefellers Standard Oil Company in 1911(Wikinvest, Chevron, 2010). It was included on the Seven Sister list, which was leading the world energy industry in the early 20th century. Chevron operates in 180 countries and has network of gas stations such as Chevron, Texaco and Caltex. The number of employees in 2009 year was approximately 67,000 people worldwide (Wikipedia, Chevron, 2010). In the third quarter of 2010, the earning of company was $3.77 billion, or $1.87 per share. In comparison the earnings of Chevron are two times less than earnings of Exxon Mobil in third quarter which was $7.4 billion (Wikinvest, Chevron, 2010). Royal Dutch Shell. Royal Dutch Shell or commonly known as Shell, is one of the major private sector energy companies in the world. Shell operates in renewable sources of energy including wind solar energy in more than 140 countries. In 2009, Shells profitability was effected by weak demand, high inventory levels and low margins, as a result the profit of company was $9.8 billion for full year and this result was 69% down than 2008 earnings (Wikinvest, Shell, 2010). The headquarters of company located in The Hague, Netherlands and registered offices at the Shell Centre in London, United Kingdom (Wikinvest, Shell, 2010). British Petroleum. According to Forbes Global 2000 list the BPs rank through public companies by their revenue is 10th with $16.68 billion (Forbes, 2010). BP operates in more than 80 countries and produces 3.8 million barrels of oil equivalent per day. It employed 80,300 people in 2009(BP, Annual report, 2009). The major division of BP is BP America and located in Houston, Texas. Company has six main brands such as: BP Castrol Arco Aral Am/pm Wild Bean Cafà © The headquarters of company located in London, United Kingdom (BP, 2010) Total S.A. Total S.A. or formerly known as Total Fina S.A. was formed after World War 1, when Raymond Poincarà © the French Prime Minister rejected the idea being partner with Royal Dutch Shell and gave new idea about creating new French oil company (Wikipedia, Total S.A., 2010). The total assets of company in 2009 were à ¢Ã¢â‚¬Å¡Ã‚ ¬127.8 billion and à ¢Ã¢â‚¬Å¡Ã‚ ¬8.447 billion of profit (Wikinvest, Total S.A., 2010). However, in current year Total S.A. is working very hardly. For example, in the third quarter of 2010 the companys earnings were $3.6 billion, in comparison with previous years third quarter the earnings were up 47% (Wikinvest, Total S.A., 2010). Moreover, in 2010 company is employeing over 96,000 people and operating in more than 130 countries (Wikipedia, Total S.A., 2010). For the third quarter of 2010, Totals net income was $3.6 billion, a 47% increase from the same period in 2009 (Wikinvest, Total S.A., 2010). ConocoPhilips. The ConocoPhilips also as Exxon Mobil was formed by merge of two companies such as Conoco Inc. and the Philips Petroleum Company on August 30, 2002. It works in all sectors of energy industry and also owns 20% share of Russian oil company LUKOIL (Wikinvest, ConocoPhilips, 2010). Company produces its products under the brands as Philips 66, 76 Unites States Conoco United States Jet Europe and Asia Pacific region ProJet Europe and Asia Pacific region (Wikinvest, ConocoPhilips, 2010) As of 2009, the company had of proved 8.36 billion barrels of oil equivalent reserves and its revenue was $246.182 billion. In the third quarter of 2010, the company increased its profit in contrast with previous years same period up to 8% and earned $3 billion (Wikinvest, ConocoPhilips, 2010) Competitive Advantage of Exxon Mobil Corporation Exxon Mobil Corporation has a number of advantages, which make it leader. Exxon Mobil operates in the major areas of petroleum such as North America, Europe, West Africa, the Middle East, and Asia Pacific. Exxon Mobil has the largest Exploration and Production portfolio, which makes easy to company to choose investments and political risks Exxon Mobil has technological advances which allow developing resources as tight gas, natural gas and heavy oil. (Wikinvest, Exxon, 2010) Competitive Advantage of Competitors Chevron Corporations progressive and various workforces are major advantages of company which allow surviving in marketplace.(Wikinvest, Chevron,2010) Royal Dutch Shell is a leading in industry because of its high performance and cleaner fuels. (Shell, Annual report, 2009) Providing pure ethanoic acid with low cost and approachable service for customers are the major advantages of British Petroleum Company. (BP, Annual report, 2010) Total S.A. operates with many western oil companies and has the largest reserves in Africa and the Middle East. In addition, Total S.A. is one of the few companies which have operations in Iran. (Wikinvest, Total S.A., 2010) Competitive advantage of ConocoPhilips lies on its heavier and more acidic crude oil and on providing clean product yields. (Conoco Philips, 2010) Effect of Political and Legal Environment Political Environment As Exxon Mobil operates in about 118 countries, there are many restrictions and advantages in law that can effect on company. Restrictions. Some of the countries, where Exxon Mobil Corporation has its stations, limit energy sources or can situate company in unavailable places from resources. Moreover, some countries restrict the import or export of products based on point of source. Hence, these situations make difficulties for company and this leads to declining of demand and increasing of product prices. For the solution, the company should be ready for every change in law or should avoid countries with regulations that have huge impact on business. (Exxon Mobil, Politic, 2010) Advantages. A number of advantages, which help company to work, are very little. For example, in some countries, there are low taxes for oil industry, which can lead to enormous earnings of Exxon Mobil. Also, governments can provide financial support to search alternative energy sources and nowadays, through sponsorship of The Global Climate and Energy Project at Stanford University Exxon Mobil making research into hydrogen fuel cells and fuel-producing algae. (Exxon Mobil, Politic, 2010) Legal Environment Business competition. As Exxon Mobil is a United States company there are certain countries which prohibits the doing business for U.S. companies. As an example we can take the Islamic republic of Iran. Iran has large reserves of oil, but in this country there are no Exxon Mobil stations and this leads to competitive advantage for non-U.S. companies such as Total S.A. Total S.A. is an only company from six supermajors which has stations in Iran. (Wikinvest, Total S.A., 2010) Labor Market. Exxon Mobil makes every possible comfort to its employees. As it employs more than 80,000 people, all employees are governed by companys Standards of Business Conduct. According to Standards of Business Conduct, it is strictly prohibited to discriminate employees, suppliers or customer in any area of Exxon Mobil Corporation. Furthermore, all employees are provided with a competitive package by company, which is based on the legal regulations and culture of other countries. (Exxon Mobil, Annual report, 2010) Consumer needs. Nowadays, all of suppliers are trying to produce most needed products in market they operate. In contrast, United States use much more gasoline than Europe or Asia. Hence, the producer in U.S. can produce and sell its products twice more than others. In addition, it is very difficult to satisfy consumer needs, because of high demand for premium gasoline. Nevertheless, Exxon Mobil is trying to do fuel better and employ expert chemical engineers, in order to satisfy all needs of consumers and increase demand for its products. (Exxon Mobil, Annual report, 2009) Environmental Legislation Environmental legislation is one of the most significant aspects of every oil company in the world. As oil companies use natural energy resources to produce their products, simultaneously they pollute environment. For example, fossil fuel is very efficient energy, but it is heavy polluter and also, there are number of sources which cause greenhouse gas. If company will try to make these damages less, it should increase costs for energy. So, to avoid such complex situations, every year company pays for U.S. Environmental Protection Agency. In 2009, Exxon Mobils payments for environmental liabilities were $504 million. (Exxon Mobil, Annual report, 2009) Effect of Socio-cultural environment Culture is an important part of nation or country. Every company which operates internationally should respect traditions of its partners and should avoid cultural problems which could face during its operations. One of the greatest affect of Exxon Mobil Corporation for United States nation was Exxon Valdez Oil spill in 1989. (Exxon Mobil, 2010) The Exxon Valdez tanker was built by National Steel and Shipbuilding Company in San Diego, California. It was 301 meters long, 50 meters wide and 26 meters depths. The tankers could transfer up to 1.48 million barrels of oil with the speed 30 km/h and also it was located in Alaska. However, the Exxon Valdez faced huge oil spill on 24th of March, 1989 and this event was listed as a 54th largest oil spill in history. (Wikinvest, Valdez, 2010) The tragic accident damaged much historical and archeological significance, that were important to population and also for future generation of country. However, after cleaning up oil spill, the most of places were not renewable. There was impact on health of subpopulation of Alaska. It caused many disasters such as radiation syndrome, stochastic and genetic health effects. (George Pararas-Carayannis, 2007) Exxon Valdez had also influenced on social environment of people. As oil spill began at the beginning of fishing season, it caused impact on ecosystem of city. Major of earnings for population were coming from fishing. As a result, people were threatened by the spill and they experienced high level of depression during accident. The situation with Exxon Valdez tanker was big experience for Alaskan Natives. Exxon made great effort to clean up oil spill and it cost for company $4.3 billion (George Pararas-Carayannis, 2007). Despite efforts 250,000 barrels of oil were lost. In 1992, with help of U.S. Coast Guard the spill was completed (Exxon Mobil, Valdez, 2010). Nowadays, Exxon Mobil Corporation created exact strategies to prevent oil spills. For example, he has: Modern modified tankers Drug testing programs Trainings for pilots and captains In addition, if problems occur company has thousand of employees, fast working response centers at many locations around the world. The Corporation is operating very well and making great job to prevent any social or cultural accidents which could cause many damages and loses for company. (Exxon Mobil, Corporate Citizenship report, 2010) Effect of Ethical Environment Every company should follow its ethical standards with attitude to stakeholders. Doing unethical business with them can significantly effect on companys reputation. In order to be successful Exxon Mobil Corporation has its Code of Ethics, which help to work with stakeholders. Exxon Mobils stakeholders are: Government Community Shareholders Customers Employees Government. Exxon Mobil has exploration and production operations in 39 countries. Its unethical attitude to government can be shown with pursuing the countrys laws and regulations. As Exxon Mobil is one of the main polluters of environment, also its unethical approach to government can be environmental issues. However, Exxon Mobil has specific strategies to avoid unethical business. For instance, we can take the carbon capture and storage. In April 2009, company signed a Memorandum of Understanding with Australian government and become member of the Global Carbon Capture and Storage Institute. It means that company values the Australian governments worries about environment and wants to continue partnership with Australia. (Exxon Mobil, Stakeholders, 2010) Community. Unethical behavior against the community can be displayed in delivering irrelevant information about operations of company. Companies should avoid losing trust of community. As Exxon Mobil Corporation understands the role of community and every year it organizes sessions for communities, NGOs, government officials, in order to provide better understanding about companys operations and investments. (Exxon Mobil, Stakeholders, 2010) Shareholders. People who did some investment into company are shareholders. In my opinion, unethical decision alongside shareholders could lead to losing of money. Therefore, it would be better constantly informing investors about companys operations. In 2009, Exxon Mobil held 40 meetings with institutional investors and investment groups to discuss political contributions, companys risks and other issues which are connected with Exxon Mobil Corporation. (Exxon Mobil, Stakeholders, 2010) Customers. Millions of customers purchase fuels at Exxon Mobils stations everyday. Customer and ethics in oil industry are connected with customers demand for quality of fuels and also with its price. If company sells premium fuels which worth its price, customers needs will be satisfied and which can lead to good profit and high demand. In addition, to understand the future demand of customer, Exxon Mobil is creating a line of advanced oils and greases that will improve productivity and promote longer equipment life. (Exxon Mobil, Stakeholders, 2010) Employees. Bad work conditions, violation and low salary can be listed as an example of unethical behavior against employees. However, for company which violates to its employees this can lead to many problems such as job strikes, losing employees. Avoiding such problems, Exxon Mobil has its Standards of Business Conduct. According to standards, company should provide good condition for employees and also employees should be in ethical behavior into their activities and laws of corporation. Moreover, company annually requires employees to read Standards of Business Conduct and provides detailed trainings about ethics policy to all employees. (Exxon Mobil, Stakeholders, 2010) Effect of Technological Environment Being up-to-date with technology helps every business in many ways. As for oil and gas industry technological advancements lead to finding new sources which are located in very challenging environments such as Arctic regions, deepwater, heavy oil sands. Exxon Mobil Corporation has established fundamental research to enlarge advantaged technologies for all its businesses. Upstream technology. Exxon Mobil has the latest version of 3-D technology. To find remaining hydrocarbon reserves Exxon Mobil uses advances in 3-D seismic imaging, which provides more accurate representations of structure in complex areas. As a result, with the help of seismic mapping employees of company could see exact images of land structure and they would be able to reduce risk in exploration and production operations. In the future, Exxon Mobil is going to set new technology called Controlled Freeze Zone (CFZ) which has a prospective to permit economic development of gas resources challenged by carbon dioxide (CO2) and hydrogen sulfide (H2C). (Exxon Mobil, Annual report, 2009) Downstream technology. As diesel demand is projected to increase from 2009 to 2030 worldwide, Exxon Mobil Corporation is working with new technologies which are aimed to improve the flexibility of refinery and which can to response to rapidly increase of product demand. (Exxon Mobil, Annual report, 2009) Chemical technology. The developing in chemical technology gives great opportunity for a competitive advantage of Exxon Mobil. The company thoroughly improves using advanced processes and catalyst technologies to give efficient energy and increased asset utilization. (Exxon Mobil, Annual report, 2009) Moreover, Exxon Mobil is a partner with Apple Company and on November of 2010, Exxon Mobil introduced Exxon Mobil Fuel Finder iPhone and iPod touch applications which helps to drivers worldwide to find locations of Exxon or Esso stations. In the future, it would be better for Exxon Mobil constantly update its technologies (Exxon Mobil, 2010). For example, it can replace its 3-D seismic imaging to 4-D, as it was said that Exxon Mobil uses 3-D seismic imaging in order to get images of land structure.