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IST STUDIES / UH CASE STUDIES for Strategic Management Perspectives MOBIL CORPORATION Course Leader: Dr. Boufounou Student: Wang Yinguang Liu Honghui BACKGROUND Mobil corporation, a major oil and gas company, has operations in more than 100 countries.Mobil corporation was the third largest industrial company in the United States, with revenue from operation in 1983 of nearly $55 billion. Mobil is described in the industry as a downstream business, which involves refining, retail marketing, the production and distribution of lubricant base stock, finished lubricants and specialty petroleum products, and the distribution of petroleum. Mobil's corporate roots could be traced in one direction back to the formation of Vacuum Oil in 1866, and in another, to John D. Rockefeller's standard Oil Trust, which later absorbed the smaller company. By 1912, Vacuum had become an international lubricating oil company, two-thirds of whose business volume was outside the United States. Socony and Vacuum Oil merged in 1931, forming Socony-Vacuum, with international capabilities to produce, refine,...

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