HOW THE LARGEST AMERICAN CORPORATIONS EVOLVED IN THE PERIOD 2019-2022

Sorin-George Toma ()
Additional contact information
Sorin-George Toma: University of Bucharest, Faculty of Administration and Business, Romania

Contemporary Economy Journal, 2024, vol. 9, issue 2, 65-72

Abstract: One of the most important achievements of the last century was the spread of huge business organizations all over the world. Based on modern organization and management, these corporations began to obtain an increasing efficiency through various methods and techniques. After the fall of the Berlin Wall, the process of globalization expanded very rapidly all over the world. As key pillars of this widespread and complex process, corporations fulfil several important functions, such as employing a large number of people and providing various products and/or services to numerous customers. Today's business world is ruled by huge multinational and transnational corporations which operate and compete on a global scale. Many of them are powerful American corporations from various domains. The goal of the paper is to present and briefly analyze the evolution of the first ten American corporations in the period 2019-2022 in terms of their total revenues. This aim was achieved through a qualitative research method. The results reveal that the ten largest American corporations in terms of total revenues obtained high economic performance during the period 2019-2022 and that they are activating in important economic sectors, such as retailing, the pharmaceutical sector and health care system, and the IT&C sector. Wal-Mart clearly dominated the hierarchy in the whole period.

Keywords: corporation; revenue; Wal-Mart; America (search for similar items in EconPapers)
JEL-codes: F00 F23 (search for similar items in EconPapers)
Date: 2024
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.revec.ro/papers/240208.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:9:y:2024:i:2:p:65-72

Access Statistics for this article

More articles in Contemporary Economy Journal from Constantin Brancoveanu University
Bibliographic data for series maintained by Cristina GANESCU ().