The Worldâs Ten Largest Corporations, 2012 Firm Name Headquarters Royal Dutch Shell Netherlands Exxon Mobile Irving, Texas, United States Wal-Mart Bentonville, Arkansas BP London, England, United Kingdom Sinopec Group Chaoyang District, Beijing China National Petroleum Dongcheng District, Beijing State Grid Xicheng District, Beijing Chevron San Ramon, California, United States ConocoPhillips Energy Corridor district of Houston, Texas, United States Toyota Motor Toyota, Aichi, Japan Source: CNNMoney (2012) Internalization 1. Operate in domestic market only. (least productive) 2.
The Worldâs Ten Largest Corporations, 2012 Firm Name Headquarters Royal Dutch Shell Netherlands Exxon Mobile Irving, Texas, United States Wal-Mart Bentonville, Arkansas BP London, England, United Kingdom Sinopec Group Chaoyang District, Beijing China National Petroleum Dongcheng District, Beijing State Grid Xicheng District, Beijing Chevron San Ramon, California, United States ConocoPhillips Energy Corridor district of Houston, Texas, United States Toyota Motor Toyota, Aichi, Japan Source: CNNMoney (2012) Internalization 1. Operate in domestic market only. (least productive) 2. Serve foreign markets through subsidiaries. (more productive by 15%) 3. Those that export overseas. (most productive by 40%) Use the ten largest company to talk about 1, 2 and 3.





