Procter and Gamble was founded in 1837 when two men, William Proctor and James Gamble joined to form a partnership. William proctor an emigrant from England specialized in candle making while James Gambler was from Ireland and specialized in soap making. Both marrying two sisters brought about their union. Alexander Norris, also a soap maker and their father –in-law suggested to them to form a business partnership. They agreed to contribute $7,192.24 on a fifty –fifty basis, Proctor, and Gamble was Born. The two products were easier to produce together since they both used the same raw materials (P&G, 2013) The ...
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The companies that we considered are: Apple Inc, Hewlett Packard, Nokia, and Wal-Mart. Before settling on these five, we had examined dozens but we settled on them after going through them carefully.
Wal-Mart
Wal-Mart is an American multinational corporation that runs discount and warehouse stores. It is the largest public corporation by revenue in the world (Soderquist 26). It is also the largest grocery retailer in US and runs Sam’s club retail warehouse in North America. It operates under 55 different names in the 15 countries it operates. It is listed in Dow Jones industrial average. Its current stock ...