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!
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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 work-life balance. According to businessdictionary.com, work-life balance "is a comfortable state of equilibrium achieved between an employee's primary priorities of their employment position and their private lifestyle." All work and no play makes Jack a dull boy, thus, you should find a balance between work and play. Here are some tips to help you achieve it. 1. Do not check your email (work) after working hours, this will help improve the quality of time you spend with your family and friends. Thus, you should not be distracted by work when spending time with your family and friends. 2. When you decide to improve the situation of your work life balance, take it one step at a time. For example if you do not get to spend time in the evenings with your family during the week days due to coming back late from work, you should decide to spend one day a week and gradually increase it to two and then three till you get to spend the…
Hello readers, it has been a while. Hope you did not miss me much, the good news is I am back now. Today, I will be writing about competence. Competence is the ability that enables a company or an individual to deploy its resources effectively. It is neccessary for a company to have a competence target in all its business activities so as to deliver value to its customers. This will help create a competitive advantage for the company. Competencies must provide value to customers. It must be unique or able to develop greatly or be better than that of competitors. New products and services must be able to be developed as a result of the competence. It must be difficult for other competitors to obtain or imitate. Continually producing high quality products can make a company become a market leader (which is a core competence) as it provides a company with a competitive advantage. With high quality, higher prices can be demanded by the company from customers and the company will also be able…