2012 Fortune 500 Analysis of Companies
“I am living proof that the American dream still exists. It is still alive and well. There is only one trick, you have to be willing to roll up your sleeves and work very, very hard.” is said by Paula Deen. This describes America and the free market economy that America has. Us Americans have worked very hard to start our own businesses and to rank #1 in the world for business. Due to the high population of businesses/organizations/corporations in America, a list of companies with the highest revenue was created, called the “Fortune 500”. The 2012 Fortune 500 was issued May 21st, 2012. The Fortune 500 keeps healthy competition between companies, and helps employees decide where to apply for good jobs. Companies Summarized:
General Electric: GE is a company that produces and manufactures machine equipment such as microwaves, ovens, dishwashers, etc. in order to improve living and make life easier. GE was ranked #14 on the fortune 500.
Citigroup: Citigroup is a bank, but is ranked higher than other banks. Citigroup has the world's largest financial services network, spanning 140 countries with approximately 16,000 offices worldwide. The company currently employs approximately 260,000 staff around the world, which is down from 267,150 in 2010, according to Forbes.
JPMorgan Chase: JPMorgan Chase is the largest bank in the United States, specializing in investment banking.
Boeing: Boeing is an American aerospace and defense corporation. Boeing is also one of the top aircraft manufacturers.
Morgan Stanley Dean Witter: Morgan Stanley Dean Witter is a banking company under JPMorgan Chase. Morgan Stanley operates in 42 countries, and has more than 1300 offices and 60,000 employees.
Fannie Mae: Fannie Mae is a government-sponsored enterprise system founded under the New Deal to help recover from the Great Depression.
General Electric: GE is a company that produces and manufactures machine equipment such as microwaves, ovens, dishwashers, etc. in order to improve living and make life easier. GE was ranked #14 on the fortune 500.
Citigroup: Citigroup is a bank, but is ranked higher than other banks. Citigroup has the world's largest financial services network, spanning 140 countries with approximately 16,000 offices worldwide. The company currently employs approximately 260,000 staff around the world, which is down from 267,150 in 2010, according to Forbes.
JPMorgan Chase: JPMorgan Chase is the largest bank in the United States, specializing in investment banking.
Boeing: Boeing is an American aerospace and defense corporation. Boeing is also one of the top aircraft manufacturers.
Morgan Stanley Dean Witter: Morgan Stanley Dean Witter is a banking company under JPMorgan Chase. Morgan Stanley operates in 42 countries, and has more than 1300 offices and 60,000 employees.
Fannie Mae: Fannie Mae is a government-sponsored enterprise system founded under the New Deal to help recover from the Great Depression.