Choose one Filipino global corporation. In an essay, discuss its history, worldwide reach, and attributes as a global corporation.
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Answer:
Explanation:
For the longest time, the Philippines has been stereotyped as a principal ... In 2014, it outbid a number of global consumer powerhouses to bag a ... the fifth largest maker of Scotch whisky in the world with a history of ... Liwayway currently derives about 70 percent of its business from its
The company has also embarked on an aggressive international expansion plan ... one family fast food chain in the Philippines and a growing international QSR ...
1. San Miguel Corporation. SMC is one of the Philippines' largest and most diversified ... Shell is a global group of energy and petrochemical companies with an ... If you are qualified and would like to move up in the career ladder, choose
In this powerful essay, the author asserts that well-managed companies have moved ... The multinational and the global corporation are not the same thing. ... (Indeed their global reach would be even greater were it not for artificial trade barriers.) ... imported populations from Korea, the Philippines, Pakistan, India, Thailand, ...
Really, a global company is any company that operates in at least a country other than the country where it originated. Realistically, expanding to even just one ...
One Filipino global corporation can be: SM PRIME HOLDINGS
History: Tycoon Henry Sy made his fortune in the Philippines, but he never lost sight of his native country. After creating an empire of shopping centres in the Philippines, SM Prime discovered an opportunity to open up shop in mainland China as well. This may be for sentimental as well as business reasons.
World-wide reach: At the turn of the millennium, the SM group began investing in mainland China with the intention of staying for the long term. There is plenty of room to build new malls if China has a consumer base that is ten times larger than that of the Philippines, but the group has chosen to focus on smaller cities rather than compete in the biggest ones.
With a gross floor area of 128,000 square metres, the first SM mall in China, which was then privately owned by the Sy family, opened in Xiamen in 2001. In terms of size, it is almost comparable to SM City Sta. Mesa. Three malls in China—Xiamen, Jinjiang, and Chengdu—had opened by 2007, and the China business had grown to the point where the Sy family felt it was time to incorporate it into SM Prime.
Attributes: SM Prime currently owns seven malls in China and 72 malls in the Philippines. The cities of Xiamen, Jinjiang, Chengdu, Zibo, Chongqing, Tianjin, and Suzhou are home to the malls in China.
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