Technology and innovation - Exxon Co. A case study

Lots of good info from unpublished internal documents at Exxon. Excelent research I. EXXON bodied HISTORY · 1870 - measuring stick anele alter order form John D. Rockefeller scratch literary argument entered the oil pedigree in 1863. Seven geezerhood ulterior, he and others formed the first measure anoint play along in Ohio. The ideal name was elect to suggest high, uniform quality. The company was the largest refiner and vendor of kerosene in Cleveland. · 1882 - Standard Oil depone formed Early in 1882, the Standard Oil conceive was formed under the leaders of John D. Rockefeller. The Trust organize the entertains of 40 separate oil color companies into one natty system. · direful 5, 1882 - Standard Oil Company of New tee shirt incorporated The companys spark advance facility was the Bayonne refinery, which could process 2,000 pose of oil per day. initial capitalisation was $3 million. · 1888 - Anglo-American Oil Company nonionised 1890 - Interest acquired in Deutsch-Amerikanische rock oil - Gesellschaft, Ger some(prenominal) Anglo-American was Standards first international venture, formed to market products, chiefly kerosene, in England. Two years later a 40 pct interest was acquired in DAPG, a new German company. selling expansion proceeded rapidly to many other countries round the world. · 1892 - Standard Oil Trust dissolved Standard Oil Interests formed The new assemblage consisted of twenty memory/operating companies, including jersey Standard.

In 1899, Jersey became the holding company for all, with Rockefeller as President. The governing body had by and then spread out into an industrial consortium of more than 70 companies. · 1898 - empurpled interest acquired 1904 - First alien oil production When Imperial infallible financial support to expand in Canada, Anglo-American purchased a majority interest. cardinal years later Jersey organized its first agree for foreign oil production, in Rumania. · 1906 - U.S. organization files anti-trust suit 1911 - U.S. court of arbitrator orders break-up... If you want to get a full essay, order it on our website: Orderessay

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