June 17, 2008

Commodity trading - Steel, four billion.

The next five, each having two and a half billion dollars or more, were Ford Motor, Gulf Oil, Socony Mobil Oil, E. I. duPont, and the Texas Co. One reason why a corporation can be so large is that its operations cover so much territory. In any one city a moderate-sized company may look big because its activity is concentrated locally. But the American giants do business in a great many locations.


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