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Family-owned
A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by blood, marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals. They are closely identified with the firm through leadership or ownership. Owner-manager entrepreneurial firms are not considered to be family businesses because they lack the multi-generational dimension and family influence that create the unique dynamics and relationships of family businesses. Overview A family business is the oldest and most common model of economic organization. The vast majority of businesses throughout the world—from corner shops to multinational publicly listed organizations with hundreds of thousands of employees—can be considered as family businesses. Based on research of the ''Forbes 400'' richest Americans, 44% of the ''Forbes 400'' member fortunes were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chick-fil-A
Chick-fil-A, Inc. ( , a Word play, play on the American English pronunciation of "wikt:filet#Pronunciation, filet") is an American fast food restaurant chain and the largest chain specializing in Chicken burger, chicken sandwiches. Headquartered in College Park, Georgia, Chick-fil-A operates restaurants across 48 states, as well as in the District of Columbia and Puerto Rico. The company also has operations in Canada, and previously had restaurants in the United Kingdom and South Africa. The restaurant has a breakfast menu and a lunch and dinner menu. The chain also provides catering services. Chick-fil-A calls its specialty the "original chicken sandwich". It is a piece of Deep frying, deep-fried Breading, breaded boneless chicken breast served on a toasted bun with two slices of dill pickle, or with lettuce, tomato, and cheese. Many of the company's values are influenced by the Christian religious beliefs of its late founder, S. Truett Cathy (1921–2014), a devout Southern B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cargill
Cargill, Incorporated is an American multinational food corporation based in Minnetonka, Minnesota, Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865 by William Wallace Cargill, it is the largest privately held company in the United States in terms of revenue. Some of Cargill's major businesses are trading, purchasing and distributing cereal, grain and other agricultural commodity, commodities, such as palm oil; trading in energy, steel and transport; raising livestock and production of fodder, feed; and producing food ingredients such as starch and glucose syrup, vegetable oil, vegetable oils and fats for application in ultra-processed foods and industrial use. Cargill also has a large financial services arm, which manages financial risks in the commodity markets for the company. In 2003, it split off a portion of its financial operations into Black River Asset Management, a hedge fund with about $10 billion of assets and liabilities. It previou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walmart
Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas. The company was founded in 1962 by brothers Sam Walton and Bud Walton, James "Bud" Walton in nearby Rogers, Arkansas. It also owns and operates Sam's Club retail warehouses. Walmart has 10,586 stores and clubs in 24 countries, operating under 46 different names. Walmart is the List of largest companies by revenue, world's largest company by revenue, according to the Fortune Global 500, ''Fortune'' Global 500 list in October 2022. Walmart is also the List of largest United States–based employers globally, largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business (the largest such business in the world), as the company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Succession Planning
Succession planning is a process and strategy for replacement planning or passing on leadership roles. It is used to identify and develop new, potential leaders who can move into leadership roles when they become vacant. Succession planning in dictatorships, monarchies, politics, and international relations is used to ensure continuity and prevention of power struggle. Within monarchies succession is settled by the order of succession. In business, succession planning entails developing internal people with managing or leadership potential to fill key hierarchical positions in the company. It is a process of identifying critical roles in a company and the core skills associated with those roles, and then identifying possible internal candidates to assume those roles when they become vacant. Succession planning also applies to small and family businesses (including farms and agriculture) where it is the process used to transition the ownership and management of a business to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Organization
Commercial may refer to: * (adjective for) commerce, a system of voluntary exchange of products and services ** (adjective for) trade, the trading of something of economic value such as goods, services, information or money * a dose of advertising conveyed through media (such as radio or television) ** Radio advertisement ** Television advertisement * Two functional constituencies in elections for the Legislative Council of Hong Kong: **Commercial (First) **Commercial (Second) * ''Commercial'' (album), a 2009 album by Los Amigos Invisibles * Commercial broadcasting * Commercial style or early Chicago school, an American architectural style * Commercial Drive, Vancouver, a road in Vancouver, British Columbia, Canada * Commercial Township, New Jersey, in Cumberland County, New Jersey See also * * Comercial (other), Spanish and Portuguese word for the same thing * Commercialism Commercialism is the application of both manufacturing and consumption towards personal usag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comcast
Comcast Corporation, formerly known as Comcast Holdings,Before the AT&T Broadband, AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of Comcast Corporation, not the parent company (seeBloomberg profile on Comcast Holdings Corporation. Technically, the current parent company was founded December 7, 2001 as CAB Holdings Corporation, which changed its name to AT&T Comcast Corporation before finally taking on the Comcast Corporation name (seeNov 2002 8K/A Form anNov 2002 S-4). is an American Multinational corporation, multinational mass media, telecommunications, and entertainment conglomerate. Headquartered at the Comcast Center in Philadelphia, the company was ranked 51st in the Forbes Global 2000, ''Forbes'' Global 2000 in 2023. It is the List of telephone operating companies, fourth-largest telecommunications company by worldwide revenue, after Deutsche Telekom, China Mobile, and Verizon. Comcast i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BMW AG
Bayerische Motoren Werke AG, trading as BMW Group (commonly abbreviated to BMW (), sometimes anglicised as Bavarian Motor Works), is a German multinational manufacturer of vehicles and motorcycles headquartered in Munich, Bavaria, Germany. The company was founded in 1916 as a manufacturer of aircraft engines, which it produced from 1917 to 1918 and again from 1933 to 1945, creating engines for aircraft that were used in the World War II, Second World War. The company's automobiles are marketed under the BMW, Mini (marque), Mini and Rolls-Royce Motor Cars, Rolls-Royce brands, and motorcycles are marketed under the BMW Motorrad brand. In 2023, BMW was the world's List of manufacturers by motor vehicle production, ninth-largest producer of motor vehicles, and the 6th largest by revenue, with 2,555,341 vehicles produced in that year alone. In 2023, the company was ranked 46th in the Forbes Global 2000, ''Forbes'' Global 2000. The company has significant motor-sport history, especia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bombardier Recreational Products
BRP Inc. (an abbreviation of Bombardier Recreational Products) is a Canadian manufacturer of snowmobiles, all-terrain vehicles, Side-by-side (vehicle), side by sides, motorcycles, and personal watercraft. It was founded in 2003, when the Recreational Products Division of Bombardier Inc. was corporate spin-off, spun off and sold to a group of investors consisting of Bain Capital, the Bombardier-Beaudoin family and the Caisse de dépôt et placement du Québec. Bombardier Inc., was founded in 1942 as ''L'Auto-Neige Bombardier Limitée'' (Bombardier Snowmobile Limited) by Joseph-Armand Bombardier at Valcourt in the Eastern Townships, Quebec. , BRP had about 5,500 employees; its revenues in 2007 were above US$2.5 billion. BRP has manufacturing facilities in Canada, the United States (Wisconsin, Illinois, North Carolina, Arkansas, Michigan and Minnesota), Mexico, Finland, and Austria. The company's products are sold in more than 100 countries, some of which have their own direct-sales ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bombardier Inc
Bombardier Inc. () is a Canadian aerospace manufacturer that produces business jets. Headquartered in Montreal, the company was founded in 1942 by Joseph-Armand Bombardier to market his snowmobiles, and it later became one of the world's biggest producers of aircraft and trains. During the 1970s and 1980s, the company diversified into rolling stock, public transport vehicles and airliner, commercial jets, and it became a multinational corporation. Bombardier grew particularly fast at the end of the 1980s, when the turnover multiplied sixfold within six years. At that time, it was North America's most important producer of railway vehicles, Canada's most important aerospace manufacturer and the worldwide leading snowmobile maker. The growth came mainly from buying failing government-owned companies at a low price and orchestrating a turnaround. However, the launch of the CSeries aircraft sent Bombardier into deep debt, pushing it to the brink of bankruptcy by 2015. As a result, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avantha Group
Avantha Group is an Indian business conglomerate. Its businesses include power generation and distribution, power transmission and distribution equipment and services, paper and pulp, farm forestry, and infrastructure. Divisions Avantha Group operates in 90 countries with over 25,000 employees worldwide. Business units include: # Crompton Greaves, (CG) India's largest power transmission and distribution equipment company, listed on the Indian Stock exchanges. CG acquired: :#Pauwels (Belgium) in 2005, :#Ganz The Ganz Machinery Works Holding is a Hungarian holding company. Its products are related to rail transport, power generation, and water supply, among other industries. The original Ganz Works or Ganz ( or , ''Ganz companies'', formerly ''Ganz ... Hungary in 2006, :#Microsol Ireland in 2007, :#Sonomatra France in 2008, :#MSE Power Systems United States, also in 2008, :#Power Technology Solutions UK in 2010 :#Three business in Nelco India in 2011 :#Emotron Sweden in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ArcelorMittal
ArcelorMittal S.A. is a Luxembourg-based multinational steel manufacturing corporation, headquartered in Luxembourg City. It is ranked second on the list of steel producers behind Baowu, and had an annual crude steel production of 58 million metric tonnes in 2024. The company has steel-making operations in 15 countries, including 37 integrated and mini-mill steel-making facilities. In 2024, the company's production was 38% in the Americas, 53% in Europe and 9% in other countries, such as South Africa and Ukraine. The company is vertically-integrated and produces 58% of its iron ore needs, 90% of its coke needs, and 54% of its scrap and direct reduced iron needs. The company is ranked 190th on the Fortune Global 500. The company is 39.88% owned by Lakshmi Mittal and his family and the remainder of the company is publicly traded. The Company has iron ore mining activities in Brazil, Bosnia, Canada, Liberia, Mexico, Ukraine, South Africa and, via its joint venture in In ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
