This blog aims at equipping individuals with business and finance tools in simplistic terms. It convers both business finance and personal finance. It also looks at the actions that can help you run a business successfully. It has some juicy flavour in it. It also aims at getting individuals closer to Allah (SWT) Enjoy!
Search This Blog
6 large companies by profit (2011 - 2015)
Hello readers, last week I gave you a list of the largest companies in the world by revenue. Today, I will be looking 6 large companies in the world as a result of the profit they made between 2011 to 2015. The lowest profit I will be reporting today is $16.2 billion. It could guide you as to what industry to start your business in. Here they are:
This company made a profit of $53.4 billion in 2015. It operates in the consumer electronics industry. In 2014, it made a profit of $39.51 billion while in 2013, it made a profit of $37.04 billion. In 2012, it made a profit of $41.73 billion.
Exxon Mobil Corp.
It made a profit of $41.1 billion in 2011, a profit of $44.9 billion in 2012, a profit of $32.6 billion in 2013 and a profit of $32.5 billion in 2014. It made a profit of $16.2 billion in 2015. It operates in the oil and gas industry. Its headquarters is in Texas, USA.
Royal Dutch Shell Plc.
It also operates in the oil and gas industry. It made a profit of $31.1 billion in 2011, $26.96 billion in 2012, and $16.53 billion in 2013, Its headquarters is in the Hague, Netherlands.
It made a profit of $18.1 billion in 2015. This company operates in the Pharmaceutics and biotechnology industry. Its headquarters is in California, USA.
Verizon Communications Inc.
This company operates in the Telecommunication industry. It made a profit of $17.9 billion in 2015. Its headquarters is in New York, USA.
This company is the parent company of Google. Its headquarters is located in California. It made a profit of $16.3 billion in 2015. It operates in the conglomerate industry.
That is all for today. Thank you for reading this article. Keep checking out my blog regularly, cheers!
Hello readers, today I will be writing about buyers behaviour when it comes to purchasing products (goods and services). I hope your week has been good. A buyer is an individual that makes a purchase. That purchase can be influenced by his/her emotions or his/her rational mind.
For your marketing strategy to be successful you have to truly understand the buying behaviour of your customers. Some customers buy goods based on trust and loyalty which falls into the emotional reasons. Thus, you have to build trust between your customers and yourself so they can return back to you. Trust is built when you offer good quality for reasonable prices.
Some products are bought regularly while some products are purchased seasonally. If your products fall into the seasonal category, you should only purchase them to be resold during that season. At times buyers purchase products on behalf of another individual. In that situation, you have to capture the mind of both the buyer and the actual person tha…