2Exemplification: Herrenknecht AG10 3Conclusion10 4 distinguish of references12 5Appendix12 Introduction The hidden champions A high bit of successful international companies remain hidden from the awareness of the populace and operate in secrecy. In the early 1990s Hermann Simon determine over 450 so called hidden champions. These hidden champions are SMEs who a lot are grocery leaders in a worldwide market. Most of these companies are family-owned and hold up to 90% market share in their industry. Some examples for these companies are Jungbaunzler (citric acid), Gartner (facade elements for skyscrapers), CEAG (charging devices for cell phones) and Belfor (removal of pee and fire damages). Simon defined three characteristics of hidden champions: * number one, two or three in the global market or number one on their continent * revenue below $4 billion * low level of public awareness In... If you want to get a full essay, order it on our website: Ordercustompaper.com
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