7.

Nestle
 The mission of Nestle, the "Good Food, Good Life" firm, is to improve quality
of life and promote a healthy future, which is very similar to the original goals of
the FMCG behemoth. The company pursues a balanced strategy of integrating
international resources with local expertise to produce value for society and its
shareholders while making nutrition accessible and cheap for everyone. They
were growing by 38.2% to CHF 16.9 billion net profit. To reach 19.4%, the net
profit margin rose by 490 basis points. Higher asset impairments and other one-
time events were more than offset by the gain on the sale of L'Oréal shares. The
increase in underlying earnings per share to CHF 4.42 was 5.8% in constant
currency and 5.1% on a reported basis. The leading cause of the increase was a
rise in sales. Net of finance costs, Nestlé's share repurchase program contributed
1.3% to the increase in underlying profits per share. On a reported basis, earnings
per share climbed by 41.1% to CHF 6.06. They want to encourage better
lifestyles to advance society. By gaining the confidence of their customers and
retaining market leadership, they are guaranteed long-term success. They operate
in 190 countries and have over 2,000 brands, ranging from local favorites to
iconic worldwide brands.

8. Chanel

 In a market where luxury is freely used on everything from $300 Michael Kors
handbags to Kia commercials, CHANEL's operations model truly sets them apart
as the leader in the luxury industry. The company's mission is to create "The
Ultimate House of Luxury, defining style and creating desire, now and forever."
Fragrance and beauty, watches and fine jewelry, and fashion are the three distinct
product categories offered by CHANEL. The Chanel revenue report follows three
sharp price increases for the company in 2021, including increases of up to 15.5
percent in November 2021 for the Classic Flap and 2.55 bags, which raised the
prices of the Classic Small Flap and Classic Medium Flap bags to $8,200 and
$8,800, respectively, and the Jumbo and Maxi Flap to $9,500 and $10,000. In
addition, Flavio Cereda and Kathryn Parker, analysts at Jefferies, wrote in a letter
on Tuesday that Chanel increased the cost of its tiny Classic Flap bag by "an
average of 21 percent in 2020 and another 30 percent in 2021. The core values of
Chanel's brand strategy are the highest quality, luxury, French heritage, and
origin, all of which date back to 1909 and are shared by Dior, another French
luxury fashion label. Both labels emphasize "feminine grace," and it is commonly
believed that they have redefined fashion.

9. Tesla

 Instead of using franchised dealerships, Tesla's business strategy relies on direct

sales and servicing. Tesla's business strategy places a strong emphasis on
expanding its network of charging stations. That might be the biggest barrier to
the widespread use of electric automobiles. Tesla, Inc. released its financial
results for the third quarter that ended on September 30, 2022. According to the
business, sales for the third quarter were $621 million, up from $385 million in
the same period last year. Additionally, revenue increased from USD 13,757
million to USD 21,454 million. Reuters (2021) estimates that the United States of
America, Tesla's local market, generates more than 60% of the company's
 revenues. However, the company has chosen to grow abroad because it thinks
there is an increasing demand for electric cars on a global scale.

10. Walmart

 With more than 11,500 locations (including hypermarkets, supermarkets, and

department stores), operating under 56 banners in 27 countries, and managing e-
commerce websites in 10 countries, Walmart has become the largest grocery
chain in the US thanks to its business strategy. In addition, nearly 270 million
consumers are served by their 2.2 million workers worldwide (including 1.5
million in the United States alone). Walmart's business approach has helped it
grow into the largest grocery chain in the US, with more than 11,500 locations
(including hypermarkets, supermarkets, and department stores), 56 banners
operating in 27 countries, and management of e-commerce websites in 10
countries. Additionally, their 2.2 million employees worldwide provide services
to close to 270 million customers (including 1.5 million in the United States
alone). Walmart Inc. released its earnings figures for the third quarter and nine
months ending October 31, 2022. The company posted sales of USD 151,469
million for the third quarter as opposed to USD 139,207 million in the same
period last year. Revenue increased from USD 140,525 million to USD 152,813
million. This unusual, original piece discusses Walmart's global expansion plans.
Managers considering an international expansion will find this study to be
precious. When considering expansion, it is simple to overlook the employment
of non-local managers and the rejection of local cultural customs. By being aware
of the errors that others have made, financial severe implications can be readily
avoided.
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