Answer to Question #147446 in Management for Nabhan

Question #147446
Make a note on any two most successful business organisations around the world.
You have to include those informations which explain its orgin, type of business they carrying on, about promoters and factors for their success.
1
Expert's answer
2020-12-01T08:30:30-0500

Hewlett Packard And Panasonic Avionics Worldwide Successful Companies.

             Hewlett Packard and Panasonic Avionic companies are the best performing and successful businesses in the world. Hewlett Packard, commonly known as HP, started in 1939 with two engineering students in America. Hewlett and Packard invented an audio oscillator in 1940, and progressively they started producing laptops and computers (Burgelman, McKinney, & Meza, 2017). The Hewlett Packard company has maintained the highest profit margins and selling volumes since it began its operation. Panasonic avionics was developed as a corporation in 1979 in California. The company sells entertainment devices worldwide, involving installation processes to its customers (McInerny, 2007). The corporation has been controlling the gaming and entertainment industry worldwide by providing the best gaming electronic devices.

            United States banks are promoting of Hewlett Packard company. Up to date, the company is promoted by united states banks through loans to foster production activities (Burgelman, McKinney, & Meza, 2017). Panasonic avionics company was promoted by members who formed the corporation through contributions, and later shareholders took over as promoters of the company (McInerny, 2007). Both companies are the best-performing markets globally due to the production of high-quality goods and services, a decentralized management system, innovation and invention, market research to meet customers' needs, and modern technology factors. 

References

Burgelman, R. A., McKinney, W., & Meza, P. E. (2017). Becoming Hewlett Packard: why strategic leadership matters. Oxford University Press.

McInerny, F. (2007). Panasonic avionics: The most extensive corporate restructuring in history. Macmillan.


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