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Busines s In The U.S.A Prepared by : Nana Topuria Mariam Orjonikidze Gvantsa Qartlelishvili Jemal Bodokia Giorgi Lomtadze

Top 10 iconic american businesses

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Page 1: Top 10 iconic american businesses

Business In The U.S.A

Prepared by :

Nana TopuriaMariam OrjonikidzeGvantsa Qartlelishvili

Jemal BodokiaGiorgi Lomtadze

Page 2: Top 10 iconic american businesses

AGENDABackground To Business in The USA

Amazing Facts About Small Businesses In America

Top 10 Iconic American Businesses (brief description)

Documentary Video

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Background To Business in The USA

• For a century or more the US has led the way in banking and finance, high-tech, computing and pharmaceuticals. US business methodologies have led growth and innovation in a way rarely seen in the history of the world and an understanding of how things work in the States is essential for anybody who works internationally.

• More than any other industrialized country, the United States has adopted what could be labelled a 'scientific' approach to business. Every aspect of commercial life is studied and analyzed and this scientific approach is both respected and acted upon.

• In the States everything is quantified and assessed. All processes, even down to such issues as HR and Training are analyzed in a detailed manner and the results of this analysis carry weight with decision makers.

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Every major company was once a small business. Consider the garage days for the founders of Microsoft and Apple.

"You need a lot of passion for what you're doing because it's so hard," Steve Jobs once said. "Without passion, any rational person would give up."

After all, bootstrapping a startup is one of the quintessential elements of the American dream.

Amazing Facts About Small Businesses In America

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There are 28 million small businesses in the U.S. -- which outnumber corporations 1162 to 1

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70% of small businesses are owned and operated by a single person

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Small businesses employ 57% of the country's private workforce

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Small businesses pay 44% of U.S. payroll

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Northwestern states like Montana & Wyoming rely more heavily on small

businesses

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The 77 million people that make up the US small business workforce would rank as the 17th most populous country in the world, just ahead of Iran

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It takes just 6 days to start a business in the US, compared to a whopping 38 days in China

Here's how long it takes in some other countries around the world:

New Zealand -- 1 daySingapore -- 3 daysSaudi Arabia -- 5 daysUS -- 6 daysUK & Ireland -- 13 daysIndia -- 30 daysChina -- 38 days

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And it costs 6x as much to start a business in India than in the US

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Only 50% of businesses survive five years -- though most (70%) hit the two-year mark

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Immigrants make up 12.5% of small business owners nationwide

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If a small business can't resume operations within 10 days following a natural disaster, it

probably won't survive

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Small businesses create 13x more patents per employee than large patenting

companies

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A small business went bankrupt every 8 minutes in 2009

Small business bankruptcies 2005-2009:

2009 -- 60,8372008 -- 43,5462007 -- 28,3322006 -- 19,6962005 -- 39,201

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Only 2% of small businesses are franchises -- most (54%) are home-based

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60 to 80% of all new jobs come from small businesses"This number fluctuates when some small businesses grow enough to become classified as large businesses, and when new small businesses are created. From 1999 to 2000, small businesses accounted for 75 percent of all new jobs created. By 2010, small businesses account for three quarters of net new jobs in the United States."

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In New York City, immigrants make up 46% of the incorporated self-employed

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Top 10 Iconic American Businesses companies that best represent America, have financially outperformed their competitors, and whose brand and business resonate with consumers and industry insiders alike.These American businesses have stood the test of time and are positioned to dominate in the 21st century

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P&G, is an American multinational consumer goods company headquartered in downtown Cincinnati, Ohio, United States, founded by William Procter and James Gamble, both from the United Kingdom. Its products include pet foods, cleaning agents, and personal care products. Prior to the sale of Pringles to the Kellogg Company, its product line included foods and beverages. In 2012, P&G recorded $83.68 billion in sales. P&G remains a highly selective employer as less than 1% of all applicants are hired annually.

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The first Starbucks was opened in Seattle, Washington in 1971 by three partners-English teacher Jerry Baldwin, history teacher Zev Siegel, and writer Gordon Bowker. Starbucks is the largest coffeehouse company in the world, with 20,891 stores in 64 countries. From Starbucks' founding in 1971 as a Seattle coffee bean roaster and retailer, the company has expanded rapidly. Since 1987, Starbucks has opened on average two new stores every day. Howard Schulz has always liked to describe his company as a "small business" model, a place where people can go to relax outside of home and work. The model reflects in the build of the stores, with comfortable seating, and ample space to sit and read or work on school work.

9 Starbucks

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8 Google • Google has managed to create a global brand almost without anybody noticing and

has done so by focusing almost solely on the quality of its service offering. Larry Page and Sergey Brin founded the multinational corporation in January 1996 as part of a research project when they were both PhD students at Stanford University. Since then, the Internet based brand has sky rocketed, reporting revenues hitting $50 billion in 2012.

• Google, from day one has been dedicated to providing the best possible search outcome for its users. It has spent billions trying to perfect its algorithm and continues to do so.

• Also helps million of businesses achieve recognition on a daily basis. Google has never changed its mission statement, which is “to organize the world's information and make it universally accessible and useful” – and it’s that consistent and unwavering focus that has seen the brand reap success year-in year-out.

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7 General Electric Company

General Electric, or GE is an American multi-national with specialties in four fields: Energy, Technology Infrastructure, Capital Finance and Consumer and Industrial. According to Josh Bersin, writing for Forbes, at the epicenter of GE’s success is expert management. “Successful businesses today are run by experts,” he says. New leaders at GE are expected to develop a ‘deep expertise’ – a complete and total understanding of the business and its different facets. The day of the General Manager is gone, says Bersin. In order to achieve global success in today’s business environment, you need specialist leaders with deep pools of knowledge.

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6The Nike athletic machine began as a small distributing outfit located in the trunk of Phil Knight's car. From these rather inauspicious beginnings, Knight's brainchild grew to become the shoe and athletic company that would come to define many aspects of popular culture and myriad varieties of 'cool.‘ Nike emanated from two sources: Bill Bowerman's quest for lighter, more durable racing shoes for his Oregon runners, and Knight's search for a way to make a living without having to give up his love of athletics.Nike's power to sell comes from deep-rooted yearnings for cultural inclusiveness and individual athletic accomplishment. These seemingly paradoxical desires collide in consumers hearts and minds and produce the unyielding zeal for Nike shoes and apparel.

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5If Wal-Mart was a country, it would be the 26th largest economy in the world, with the global grocery giant registering sales of $466.1 billion in 2012. According to Fortune Global 500 list in 2013, Wal-Mart is the second largest public corporation in the world and the biggest employer with more than two million members of staff; it is also the world’s largest retailer. when you Google: “What makes Wal-Mart so successful?” the top eight responses are related to the efficacy of its supply chain. When it comes to consumer demand within the grocery sector, end price plays a huge role – Wal-Mart has been able to drive down the price of its products through streamlined operations and meticulous waste management and thus attracts more customers.

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4 AppleSteve Jobs and Steve Wozniak founded the tech company in 1976 with the aim of developing and selling personal computers. Today the brand is best known for its hardware products including the Mac, the iPod, the iPhone and the iPad, as well as consumer software solutions such as the OS X and iOS operating systems. In 2008, the technology firm was named the most admired company in the United States by Forbes magazine and held the title until 2012. In 2013, Apple overtook Coca Coal to become the world’s most valuable brand according to Omnicom Group’s ‘Best Global Brands’ report and in 2014 it is still going strong holding 6th place on the Fortune 500 list. The Apple brand is synonymous with innovation and has been credited time and time again with leading the way when it comes to product and concept development.

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3Walt Disney is one of the most powerful companies, in one of the most powerful sectors of any economy: entertainment. Before it became a $60 billion dollar company, with interests spanning the globe, Disney was more closely associated with the vision of the man after whom it was named. The company was started by a high-school dropout who loved to draw and had a passion for learning. Walt Disney founded an empire on fantasy and risk taking. While he was at it, he built fantastical amusement parks, developed a brand recognized by children and adults all over the world, and created an educational foundation for future entertainment innovators.

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2The McDonald's Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries. The company began in 1940 as a barbecue restaurant operated by Richard and Maurice McDonald. A McDonald's restaurant is operated by either a franchisee, an affiliate, or the corporation itself. McDonald's Corporation revenues come from the rent, royalties, and fees paid by the franchisees, as well as sales in company-operated restaurants. In 2012, McDonald's Corporation had annual revenues of $27.5 billion, and profits of $5.5 billion. “Since 1955, we’ve been proud to serve the world some of its favorite food. And along the way, we’ve managed not just to live history, but create it: from drive-thru restaurants to Chicken McNuggets to college credits from Hamburger U and much more. It’s been quite the journey, and we promise this is just the beginning-we’ve got our hearts set on making more history.”

McDonald’s

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1Coca-Cola has dominated the beverage industry on a global scale for more than 125 years. So how has the company managed to remain at the top of its game for such a long time? Marianne Bickle, a contributor to Forbes magazine, puts it down to Coca-Cola’s dedication to corporate responsibility. “Bickle’s view of the brand is extremely interesting. Primarily it goes to show that corporate social responsibility does play a role in brand development, but secondly it highlights that marketing, product development, product design and brand philosophy all need to be continually reviewed and improved to keep a company fresh, exciting and ultimately profitable.

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