Top 100 Most Prestigious Companies In The World
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| Full List of Top 100 Most Reputable Companies In The World in 2022/2023 |
The primary motivation behind the establishment of most companies is profit. Even if you spend your entire career working at the highest level in a prestigious company, you will never have the wealth of someone who owns a truly successful enterprise. And for the great majority of people with regular jobs, they spend more than thirty percent of their working hours, five days a week, at a job they detest, for the lowest possible wage, assisting others in becoming even wealthier and more successful. But there's a good reason why most people settle for menial jobs instead of launching their own companies and becoming extremely successful. The first is the need for capital, which, depending on the type of business being established, can be fairly substantial. Second, launching a business carries a significant risk. It is true that all of your losses are also yours, even though whatever you make is yours after deducting any expenses. As a result, if you fail, you might not even know where your next meal is coming from unless you come from a wealthy family and have a trust fund.
The Global RepTrak 100 demonstrates how people perceive, feel, and behave toward businesses around the world. The RepTrak Company has honored global reputation leaders by ranking the top 100 most respectable businesses for more than ten years.
In 2022, RepTrak, a research firm that evaluates a corporation's reputation across seven key categories using a complex methodology, added more luxury brands to its ranking than in any previous year since the list's inception ten years prior. Burberry and Hermès were among the other newcomers, alongside Chanel and Prada.
LEGO Ranked Number 3, Apple ranks 65th on the Global RepTrak 100
According to the most recent Global RepTrak 100 rankings, LEGO is among the most respectable businesses worldwide. After Rolex and Ferrari, which ended a two-year run at the top, LEGO was ranked as the third most reputable company this year. Only two businesses, including this one, have remained in the top 10 over the previous ten years.
On the 2022 Global RepTrak 100 (GRT), a ranking and analysis of corporate reputation for the world's top businesses, Apple comes in at number 65. That is a decrease from the 2021 rankings' 46th position.
The study presents attitudes, behaviors, and feelings toward businesses around the world. Rolex, Ferrari, Lego, Rolls-Royce, Mercedes-Benz, Harley-Davidson, Bosch, PayPal, Netflix, and Intel are the top ten companies on the list.
The RepTrak CompanyTM has honored leaders in global reputation for more than ten years by ranking the 100 Most Reputable Companies. "Our reputation intelligence platform combines and analyzes millions of perception and sentiment data points from online surveys, mainstream media, social media, business data, and additional third party sources," according to RepTrak, "through a combination of machine learning (ML), artificial intelligence (AI), and natural language processing (NLP)."
Chanel, Prada Among 100 Most ‘Reputable’ Companies
RepTrak conducted a survey of over 68,000 participants in 15 major economies worldwide to determine how a brand's product and services, innovation, citizenship, performance, governance, leadership, and workplace were perceived. The survey was used to rank the top 100 corporations. Regarding their "willingness to buy, recommend, or trust a company," respondents were questioned.
In order to be taken into consideration, the company needs to have yearly sales of at least $2 billion and be well-known to 20% of the respondents in each nation.
The only luxury brand to make it into the top 10 was the independent watch brand Rolex, which came in first place, up from third the previous year. Adidas, a major player in sportswear, qualified as well, moving up to seventh place from eighth in 2020. Conversely, Levi's saw a decline to 14 from six a year prior; RepTrak attributed this decline to higher brand scores overall. (Levi's 2021 score was 76.6 out of 100, a little less than his 76.8 from the previous year.)
Full List The Global RepTrak 100
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| Photo: emirates |
1. Rolex
2. Ferrari
3. LEGO Group
4. Rolls-Royce
5. Mercedes-Benz
6. Harley-Davidson
7. StrongThe Bosch Group
8. PayPal
9. Netflix
10. Intel
11. Canon
12. BMW Group
13. Miele
14. Philips
15. Sony
16. Adidas
17. Microsoft
18. 3M
19. Ferrero
20. Samsung
21. Levi Strauss & Co.
22. Michelin
23. Colgate-Palmolive Company
24. Dyson
25. Nike
26. Nintendo
27. Chanel
28. MasterCard
29. Goodyear Tire
30. Barilla
31. Disney
32. Hyatt Hotels & Resorts
33. Bridgestone
34. BIC
35. Spotify
36. Mattel
37. Pirelli
38. Visa
39. HP
40. Estée Lauder Companies
41. Caterpillar
42. Google
43. Kellogg's
44. Decathlon
45. Siemens
46. Under Armour
47. LavAzza
48. LVMH
49. Singapore Airlines
50. Burberry
51. Cisco
52. IKEA
53. Giorgio Armani
54. Danone
55. Toyota
56. Hershey's
57. L'Oréal
58. Dell
59. Nestlé
60. Costco
61. Lufthansa
62. Asus
63. Hugo Boss
64. Apple
65. Marriott International
66. Panasonic
67. Xerox
68. Volkswagen Group
69. Ralph Lauren
70. Henkel
71. Volvo Group
72. Fuji
73. Roche
74. Natura & Co Holding SA
75. SpaceX
76. Campbell's
77. Kraft Heinz Company
78. Hewlett Packard Enterprise
79. Hermes Paris
80. Honda
81. IBM
82. InterContinental Hotels Group
83. Emirates
84. Electrolux
85. Amazon
86. Hilton Hotels & Resorts
87. Cathay Pacific
88. Merck & Co Inc
89. Unilever
90. Airbus
91. LG
92. Adobe
93. SAP
94. Bristol-Myers Squibb
95. Prada
96. SC Johnson
97. Aldi
98. Kimberly Clark
99. Whirlpool
100. Procter & Gamble
Top 10 Most Reputable Companies In The World in 2022/2023
1. Rolex
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| Photo: Bloomberg |
Because of its exceptional reputation for goods and services, Rolex is the most respected brand in the world. It ranked among the top 10 in each category.
Over the past year, luxury watch brands have suffered as a result of China's shrinking market. According to Sky News, 40% fewer Swiss watches, including those from the brands Rolex, Swatch, and TAG Heuer, were purchased in the nation in 2015 than in 2014.
The upscale watch company was established in London in 1905 and relocated to Switzerland at the close of World War I.
2. Ferrari
Over the past eight decades, Ferrari has been the ultimate sports car and is well-known for competing in international races such as Le Mans and the Formula One championship, where it has had great success. One is immediately inclined to view a Ferrari owner as a symbol of class, wealth, and luxury. In fact, Brand Finance ranked it as the most powerful brand in the world in 2014; however, Lego eventually surpassed it. To give you an idea of the prestige that Ferrari carries, consider that a 1963 250 GTO sold for $70 million in 2018, which is more than the price of an opulent private jet.
3. LEGO Group
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| Photo: retail-insight-network |
In Europe, the Middle East, and Africa, Lego continues to be the most respected brand.
Lego encountered significant criticism this year after declining to sell artist Ai Weiwei a large order of its plastic bricks. It was against the company's policies for the Chinese artist to use them for a political statement. Later, the toy manufacturer changed this policy.
Lego is the second-most powerful brand in the world, behind Disney, according to a Brand Finance report.
4. Rolls-Royce
As a global leader in power systems, Rolls-Royce will continue to satisfy the demands of its clients, investors, and staff for the foreseeable future. We supply economically priced engineered goods and services to military and commercial clients in the global markets for materials handling, electrical power, and propulsion. Our robust selection of commercial aero engines and extensive global support network are relied upon by clients ranging from executive jet operators to the top airlines in the world. Engines for helicopters, fast jets, transport planes, trainers, and naval vessels are useful to the military community. We service clients in the industrial, marine, and nuclear engineering sectors and offer cutting-edge solutions to power utilities and independent operators for their needs in electrical generation, transmission, and distribution.
5. Mercedes-Benz
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| Photo: laytonconstruction |
Mercedes-Benz USA is an automobile manufacturer and distributor with a focus on these two areas. Additionally, it focuses on the automotive industry as well as sales, marketing, and distribution. With its headquarters located in Atlanta, Georgia, Mercedes-Benz was established in 1926.
producer of cars with the goal of offering luxury automobiles. Customers can choose from a variety of low-fuel-consuming, eco-friendly, and compact vehicles thanks to the company's selection of luxury cars, buses, vans, trucks, and auto repair services.
6. Harley-Davidson
Among the most recognizable US motorcycle manufacturers is also a globally recognized brand.
For the first time this year, Harley-Davidson made a huge 15-position jump from 20th place to the exclusive Top 10 club.
With a score of 78.1, it is the fifth most reputable company overall, but among those born between 1946 and 1964, it ranks third among Boomer consumers.
7. StrongThe Bosch Group
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| Photo: electrive |
One of the most reputable brands is the multinational engineering and technology company based in Germany.
The Bosch Group is one of the largest providers of technology and services in the world, catering to companies in four sectors: industrial technology, consumer goods, energy and building technology, and mobility solutions. Globally, smart homes are utilizing Bosch products and technologies, as the company is a leader in the Internet of things.
The Bosch Group's financial performance and perceptions of its goods and services were reflected in its reputation score of 78.1.
Furthermore, this is The Bosch Group's highest score to date, even though they have been in the Top 10 list for the previous five years.
8. PayPal
On behalf of retailers and customers worldwide, PayPal Holdings, Inc. is a technology platform that facilitates digital payments and commerce experiences. With 426 million active accounts in more than 200 markets, it runs a massive, two-sided global network that links consumers and merchants. PayPal, Braintree, Venmo, Xoom, Zettle, Hyperwallet, Honey, Chargehound, Paidy, Happy Returns by PayPal, and Simility are some of its brands. Whether making payments in-person or online, the company facilitates communication and transaction between merchants and customers. A bank account, a PayPal or Venmo account balance, PayPal and Venmo-branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products, like gift cards and eligible credit card rewards, are just a few of the funding sources that customers can use to exchange money with merchants. Additionally, it provides users with person-to-person (P2P) payment options.
9. Netflix
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| Photo: inc |
The ninth-most trustworthy business in the world is Netflix. It is among the newest entries on a list that is dominated by businesses with decades-old brands, but that is how things are these days. Even as it works to fend off competition from other service providers, Netflix has been praised for running its company ethically and for its innovations, which have increased brand loyalty. The business generated almost $25 billion in revenue in 2020, and there are no indications that it will slow down, even as it produces more movies and TV series with big stars, competing with the major studios in the process.
10. Intel
On the list of the most respectable corporations worldwide, Intel comes in at number ten. It's likely that if you're reading this article on a laptop, an Intel semiconductor chip powers it. Since Intel is the largest semiconductor company in the world and has been for some time, it has been able to significantly increase customer satisfaction and brand loyalty. Despite 2019 being a year dominated by the pandemic, the company reported revenues of nearly $78 billion, which were higher than 2019.
Emirates ranks among the top 100 most reputable companiesAccording to the 2022 Global RepTrak® 100, Emirates, the biggest international airline in the world, is among the top 100 most respectable companies worldwide. With a reputation score of 72.7, the award-winning airline based in Dubai is the only Middle Eastern and North African business to make the list. With over 20 years of data, the RepTrak Platform is the largest reputation database in the world. It analyzes millions of perception and sentiment data points from online surveys to compare businesses globally across various industries. The ratings that businesses receive reflect the opinions and sentiments of their stakeholders regarding their brand. |
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