Strategy Formulation Exxon Mobil & British Petroleum

This paper  formulates strategies for Exxon Mobil and British Petroleum. In order to do so, this paper provides a Porter 5 Forces Analysis of the Oil Industry, provides a SWOT Analysis where it contrasts the Internal Factor Evaluation of Exxon Mobil and British Petroleum, delivers an External Factor Evaluation of the Oil Industry, analyses the challenges and opportunities both oil super majors are facing, and concludes with the formulation of different Strategies for Exxon Mobil and British Petroleum.