The rate of defaults on adjustable-rate mortgages increased many fold leading to crises. HSBC also invested heavily in the subprime loan and the Real estate prices did not rise, as was expected, and the adjustable-rate
In the early 2000’s, mortgage interest were low. This allowed people to borrow more money with a lower monthly payment. Furthermore, prices of housing were increasing at such a rapid rate which allowed lenders to think that putting the borrower’s homes up would make good collateral. Eventually, this loaning method which turned into a snowball effect triggered the mortgage crisis. In Section 1, it explains the growth of the housing bubble.
With the had quarters located in Irving, Texas. Exxon Mobil is the largest descendant of john d Rockefeller’s standard oil company. It was formed 30th November 1999 Exxon (formerly standard oil company of new jersey) and Mobil (formerly the standard oil company of New York) merged together in 1999. It has a significant market presence in the following metropolitan areas such as: Atlanta, Baltimore, Birmingham, charlotte, Chicago, Dallas, Houston, Memphis, Nashville, New Orleans, New York metro (New Jersey), Philadelphia, Pittsburgh, Raleigh, Richmond, virgina, and Washington DC. The world's 8th largest company by revenue, ExxonMobil is also the fifth largest publicly traded company by market capitalization.
Customers confident with their “global” presence, brand awareness and loyalty. Standardize operations and culture encourage transparency and fairness. Operate in large scale provides customers with better quality and comparably priced products. Longer ROI period and higher risks of failure for newly set-up. High marketing expenses and A&P costs to attract and building-up customer base.
The world’s 500 largest and multinational companies generated about of $27.6 trillion in revenues and $1.5 trillion in profits for the year 2015 and employed 67 million people worldwide and they are represented by 33 countries. (Fortune Global 500) Based on “Fortune Globe 500” the TOP ten companies
Strength Tesco is a powerful retail brand globally, in the top 100 of the world’s most valued brands, slightly below Ikea and well above eBay (Brand Finance, 2014). It is known as a company that offers value for money, convenience, a wide range of products, and locally-sensitive management (Wood and McCarthy, 2014). Worldwide, Tesco has 6,784 stores, an increase of 433 stores since 2012, despite the disposal of their US venture, Fresh & Easy (Tesco, 2012, 2014). Tesco has utilised innovative business methods in its rise, including the creation of stores like Tesco Metro and Tesco Express, which are small stores in local neighbourhoods to make shopping more convenient for the customers (Schiraldi, Smith and Takahashi, 2012). Other strengths in their global operations include online shopping, joint ventures, such as in China, and local recruitment, including in senior management positions (Koen, Bertels and Elsum, 2011).
Tata purchased a 100% stake in Corus on the 2nd of April 2007 at 608 pence per share entirely in a cash deal, which was valued at $12.04 Billion. This deal made Tata Steel the 5th largest steel producer. This deal had started in 2005, when the price offered by Tata was 455 pence per share. However, the deal was made at 608 pence per share, i.e. 33.6% higher than the initial offer.
2. Samsung products LCD and LED panels . By 2004 Samsung was the world's-largest manufacturer of OLEDs, with a 40 percent market share worldwide, and as of 2010 has a 98% share of the global AMOLED market. The company generated $100.2 million out of the total $475 million revenues in the global OLED market in 2006. As of 2006, it held more than 600 American patents and more than 2,800 international patents, making it the largest owner of AMOLED technology patents .
Deutsche Bank AG: Deutsche Bankis a German global banking and financial services company with its headquarters in the Deutsche Bank Twin Towers in Frankfurt. It has more than 100,000 employees in over 70 countries, and has a large presence in Europe, the Americas, Asia-Pacific and the emerging markets. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a market share of 21 percent.The company is a component of the Euro Stoxx 50 stock market index. The bank offers financial products and services for corporate and institutional clients along with private and business clients. Services include sales, trading, research and origination of debt and equity; mergers and acquisitions (M&A); risk managementproducts, such
About Reliance Industries Reliance Industries Limited, a company founded by Dhirubhai Ambani in the year 1957, commonly known as RIL is the most profitable and second largest publicly traded company in India by market capitalization with annual revenue of $ 74.5 billion. It has its head quarter in Mumbai, Maharashtra and owns business across India including sectors like retail, telecommunication, energy, petrochemicals and textile. The company has ranked 114th on the Fortune Global 500 list of world’s biggest corporations in 2014 and it contributes about 20% of India’s total export. The company has a motto of “Growth is Life” which aptly covers the ever-evolving spirit of Reliance. There are approximately 3 million shareholders of the company,