Definition of Corporation Examples
A corporation is typically a combination of people or a company that has derived its license from the state to operate as a single entity and can legally be recognized for a few specific purposes.
Once you obtain the necessary license or registration, you can establish a corporation in most jurisdictions. In this article, we will discuss Corporation Examples.
Different Examples of Corporation
A different example of a corporation is given below:
Example #1 – Google
Google is an American multinational company that is also an internet giant and the most popular search engine worldwide. The internet technology industry’s biggest provider is the company, which offers popular apps like Google search engine, Gmail, Google Maps, and YouTube. The company mainly earns its share of the revenue from ad sales, and its product includes advertising on its products, cloud computing, software production, etc.
Two intelligent minds founded Google in 1998 by Sergey Berin and Larry Page. The company is currently headed by Sundar Pichai, who also runs a Google parent company, Alphabet. The United States is where the company’s main office is located, specifically in Mountain View, California. Google reported its net revenue in 2019 as 136 billion US dollars, with most of its chunk coming from 116 billion US dollars in advertisement revenue. Microsoft has close to 100,000 employees in its business globally.
Example #2 – Amazon
Amazon is an American multinational company and the world leader in e-commerce and online shopping. People widely regard the company as the biggest player in the online shopping industry. E-platforms have evolved the shopping experience from brick-and-mortar stores, allowing consumers to browse millions of products online and receive them delivered straight to their doorstep. The company has turned out to become one of the largest retailers of its own, and after the listing of its IPO, its shares have skyrocketed like anything and has offered an enormous return. Amazon was primarily founded in the year 1994 by Jeff Bezos.
Jeff Bezos currently leads the company, overseeing various business streams, including cloud computing, e-commerce, artificial intelligence, consumer electronics, digital distribution, and grocery stores through Amazon. The company’s headquarters are located in Seattle, Washington, United States. Amazon was initially called Cadabra Inc., headquartered then at Bellevue, Washington, United States, but the name was later changed to Amazon. Amazon reported its net revenue in 2018 as 233 billion US dollars.
Example #3 – Apple
Google is an American multinational company and world leader in tech products and smart devices. The various products of Apple include iPhone, MacBook, iPod, I pad, etc. Millions of people worldwide eagerly anticipate Apple’s annual advanced versions of their products. Apple has turned out to become one of the largest tech giants of its own, and after listing its IPO, its shares have skyrocketed like anything and offered an enormous return. Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple in 1976. Currently, the company is headed by Tim Cook. The United States houses the company’s main office, which is located in Cupertino, California. Apple reported its new revenue in 2019 as 260 billion US dollars. Apple has close to 137,000 employees in its business globally.
Example #4 – Microsoft
Microsoft is an American multinational company that is also an internet giant, and the most popular operating system used worldwide, namely Windows. The industry knows this company as the biggest provider of apps, software, and operating systems. They offer professionals essential tools, including apps such as Microsoft Office (Word, PowerPoint, Excel, and Access) and other necessary software used daily. Microsoft’s other products are developing, manufacturing, providing licenses, supporting, and selling software, consumer electronics, computers, and other related services.
The company mainly earns its share of the revenue from its software and operating system sales. Larry Page and Sergey Brin established the company Google in 1998. Currently, the company is headed by Satya Nadela. The United States situates Redmond, Washington, which houses the company’s main location. Google reported its net revenue in 2019 was 126 billion US dollars. The company also operates the famous social NGO called Melinda and Gates Foundation, founded by Bill Gates and his spouse Melinda Gates who work together to eradicate poverty, hunger, and health problems. Microsoft has close to 150,000 employees in its business globally.
Example #5 – General Motors
The company name General Motors is synonymous with the automobile industry, as it is an American multinational company that is the world leader in automobiles. The company produces famous car brands like Chevrolet, Buick, GMC, Cadillac, Isuzu, Opel, etc. In 1908, William Crapo Durant established General Motors. Marry T Barra is currently leading the company. The company is headquartered in Detroit, Michigan, United States. General Motors reported its net revenue in 2018 as 147 billion US dollars. The company sold almost 8,384,000 in the year 2018. Considered the largest American automobile manufacturer and one of the world’s largest, GM holds that distinction. It manufactures vehicles and thus has a presence in a total of 37 countries all around the globe.
It recorded the highest number of sales in 2016 when its global sales figure crossed ten million for a single year. General Motors also has a separate arm of its defense business called General Motors Defence, which caters to the military’s needs and requirements for modern technology and the propulsion system of military vehicles. General Motors has four business segments: GM North America, GM International Operations, GM Cruze, and GM Financials. In this process, it does business in more than 140 countries employing more than 210,000 people globally.
Conclusion
The above content houses a few US-based corporations, which could be discussed. Though many other corporations are currently in business and are big brands in their industry segment, we could only mention a few of the giants here.
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