I have always wondered. Why are there so many giants in the US? Why is it the same cannot be repeated elsewhere?
Why is it companies like Boeing, General Electric, Exxon or even Microsoft went on to become giants?
Why is it the same is not repeated elsewhere?
Is it because of their business model or their American spirit?
2007-09-21 01:06:13 · 14 answers · asked by Man_Hat_Tan 3 in Business & Finance ➔ Other - Business & Finance
the whole culture encourages - even celebrates - personal growth and making money.
It is even called 'The American Dream'
It has it's downsides. their health care system is a joke, and god help you, if you are too sick to be able to hold down a job.
but, if you have a good idea and are enthusiastic to follow it through, America is one of the best places to be.
2007-09-21 01:16:13 · answer #1 · answered by Vinni and beer 7 · 2⤊ 0⤋
American spirit (creativity is encouraged; in other nations conformity is encouraged); the American political system allows people with money or power (corporations, private industry) to lobby government for beneficial laws, rules and regulations, with periods of reform here and there throughout our history); US (and Canada) has huge supply of natural resources (initially, agriculture with good river transportation to the ports; later raw materials such as iron, coal, then petroleum; almost unlimited hydropower for powering the first 100 years of industrial revolution);
The same is rarely repeated elsewhere; BP and Shell Oil come to mind. I believe as China moves towards more tolerance of capitalism model, some giants will arise there. Perhaps Korea and India are moving in that direction as more of their corporations buy into US and European companies; in the past Japan has invested heavily in US real estate.
The giants will be born in a new model in nations we rarely think of today ... it is an exciting new world that is growing up around us. It is to be hoped that all nations and all people can see and use this progress to bring peace, justice and prosperity to the farthest corners of the world.
2007-09-21 08:20:26 · answer #2 · answered by Barbara E 4 · 2⤊ 0⤋
The spirit of free enterprise inculcated,promoted and encouraged in America over last so many decades.There are giants else where also but few and far in between.American -dream really means pan American .The only business model they follow is the 'Success Model' backed by indomitable American spirit.' Long Live the Free Spirit'.
2007-09-21 08:16:12 · answer #3 · answered by brkshandilya 7 · 2⤊ 0⤋
From where do you have the information that only America has giant companies?? The biggest steel maker is indian, a lot of mayor chemical companies are european, the Japanese car makers are taking over the world and so on.
Clearly being the US a very big, rich and quite homogeneous market helped a lot to form big companies (you sell in Seattle more or less what you sell in Miami, so you can apply the same modell and get economies of scale, like Wal-mart).
Try the same with Sweden and Greece.... and you will very probably fail (--> Wal-mart again...).
2007-09-21 08:19:39 · answer #4 · answered by fiumeblu2003 1 · 2⤊ 1⤋
There are many giant companies outside the U.S. Forbes has a list of the 2,000 biggest companies in the world at http://www.forbes.com/forbes2000. You will see they come from around the globe. Many large non-U.S. companies are state-owned so you don't see them mentioned in the same way you do with the companies you list. Also, the capital markets reward companies for getting larger, often by merger and acquisition, and the U.S. has the world's most efficient capital markets. Plus many chief executives of U.S. companies are compensated according to their company's share price, so they have a direct interest in making their companies bigger.
2007-09-21 08:15:12 · answer #5 · answered by Paul M 3 · 3⤊ 0⤋
Other countries in the world have so many giant companies. However, US economy is good when compared with many countries. Education and the country's support makes US thick
2007-09-28 06:46:59 · answer #6 · answered by Beautiful Mary 2 · 0⤊ 0⤋
The very regretable decision that the 'Corporation' has the same rights as a human being. Whereas in the UK a limited company is tightly regulated and can't go to court for its 'rights'.
2007-09-28 17:34:34 · answer #7 · answered by Teable 3 · 0⤊ 0⤋
They had a bigger internal market to start off with. There's so many possible customers when they start out in their own country, they get huge turnovers before going international.
A company in a small country has to try to grab the international market before it can get to the same point.
It's just a supply vs demand eqaution.
2007-09-21 08:14:29 · answer #8 · answered by Anonymous · 3⤊ 0⤋
I understand that US is made up of people from different places over the world. The reason is because of mingling brains, and ideas. Do your research you will wonder that, what you thought is US' could be somewhere else.
2007-09-21 08:15:10 · answer #9 · answered by dviakal78 3 · 1⤊ 0⤋
America has a lot of wealth and resources that allow people to prosper more easily than in other countires.
2007-09-21 08:12:00 · answer #10 · answered by Anonymous · 3⤊ 0⤋