gvA Update

Ranking the largest companies Every year, Fortune Magazine publishes a ranking of the top 500 companies in the world, by revenue. This so called Fortune Global 500, is also known as Global 500. Since 2001, the number of North American-based companies has decreased from 215 to 144 in 2011, and the contribution of Asian-based companies has increased from 116 in 2001 to 188 in 2012, with much of this growth accounted for by the rapid increase in the number of Chinese Global 500 companies, of which there were 103 by 2015 from just 10 in 2001. In this connection, 1-which of the following companies is the largest in the world, by size of revenue? 1. Walmart 2. China Petroleum 3. ExxonMobil and 4. Sinopec 2-Which of the following African companies has the largest amount of revenue in Africa? 1. Sonatrach 2. Sonangol 3. MTN Group and 4. Sasol ANSWERS 1-Walmart of the United States is the largest company in the world, with an annual revenue of $482 billion in early 2016. 2-Algeriaâs oil and gas giant Sonatrach with an annual revenue of about $59 billion in 2016 is the largest company, public or private in Africa.

 

Posted: Jan 31st, 2017 @ 07:54:52 AM