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Monday, May 27, 2019

Berkshire Hathaway Essay

Berkshire Hathaway Inc. is an American multinational conglomerate holding play along, headquartered in Omaha, Nebraska, that oversees and manages a number of subsidiary companies. The participation wholly owns Geico, BNSF, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, and Netjets. It also owns half of Heinz and has significant minority holdings in American Express, Coca-Cola Company, Wells Fargo, IBM, and Restaurant Brands International. I have done a lot of research into Berkshire Hathaway and CEO Warren snack bar but have been unable to find a vision or mission statement. If I had to assume up a vision statement that suitably fit Berkshire Hathaway it would be the following Berkshire Hathaway strives to be the best-recognized, most highly respected, and most influential conglomerate company in the world.The mission statement would be To provide top of the line services that significantly increase the growth of the companys agents and a ffiliates. I commit this fits this company perfectly because Berkshire Hathaway is notorious for its ingenious investing and services all thanks to a man named Warren Buffet who started out acquiring businesses. Buffet is one of the worlds wealthiest men and a key influencer in the financial market. He is Forbes number 33 most powerful people and stratified among Time Magazines most influential people.His company was ranked number 1 in Barrons 2013 ranking of the worlds degree Celsius most respected companies, number 8 in Fortune Magazines 50 most admirable companies survey, number 18 in Harris interactionals reputation study of the 60 most visible companies, and Forbes fifth largest company in the world. In his 2013 letter to shareholders, Buffet spoke of his joy for die hards for such a successful company. He noted, No CEO has it better I truly do feel like tap dancing to work every day. My vision and mission statement align appropriately with what Buffet has done and envisio ns for Berkshire Hathaway.StakeholdersInternal-Board Members Warren Buffet, Charlie Munger, Walter Scott Jr., Thomas S. Murphy, Howard Graham Buffet, Ronald Olson, Donald Keough, Charlotte Guyman, Bill Gates, Steve Burke, Susan Decker, Susan Decker, and Meryl Witmer. Shareholders We think of our shareholders as owner-partners, and of ourselves as managing partners. Warren Buffet Employees About 302,000 full-time employees.External-Customers All over the globe, predominantly in North America. Media Perceive the company in a sealed way.Subsidiaries Geico, BNSF, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, ect. Communities Omaha, Nebraska and other local communities.Government Local and Federal Governments.

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