The Evolution of the World’s Most Valuable Brands in the Period 2018-2023

The competition between enterprises has become more fiercely as they have the possibility to easily move across national boundaries to exploit opportunities in other countries or markets. The turbulent market environment imposes enterprises, irrespective of their size, industry and geographical r...

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Main Author: Sorin-George Toma
Format: Article
Language:English
Published: Ovidius University Press 2023-08-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%204/36.pdf
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author Sorin-George Toma
author_facet Sorin-George Toma
author_sort Sorin-George Toma
collection DOAJ
description The competition between enterprises has become more fiercely as they have the possibility to easily move across national boundaries to exploit opportunities in other countries or markets. The turbulent market environment imposes enterprises, irrespective of their size, industry and geographical region, to permanently adapt to its everchanging conditions. This is why they have tried to identify and implement various techniques and methods in their activities and processes in order to attain high levels of competitiveness. One of them is branding, a powerful marketing tool and an important aspect of any business. The paper aims to briefly define the brand concept and present the evolution of ten world’s most valuable brands in the period 2018-2023. In this respect, the author used a qualitative research method. The results of the paper concludes that the American brands have dominated the hierarchy. Amazon and Apple were the two main competitors for the global supremacy.
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spelling doaj.art-8a0f7ad9db9b4673871d8ee6b296089f2023-08-25T08:13:13ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272023-08-01XXIII1815821The Evolution of the World’s Most Valuable Brands in the Period 2018-2023 Sorin-George Toma 0University of Bucharest, Faculty of Business and Administration, RomaniaThe competition between enterprises has become more fiercely as they have the possibility to easily move across national boundaries to exploit opportunities in other countries or markets. The turbulent market environment imposes enterprises, irrespective of their size, industry and geographical region, to permanently adapt to its everchanging conditions. This is why they have tried to identify and implement various techniques and methods in their activities and processes in order to attain high levels of competitiveness. One of them is branding, a powerful marketing tool and an important aspect of any business. The paper aims to briefly define the brand concept and present the evolution of ten world’s most valuable brands in the period 2018-2023. In this respect, the author used a qualitative research method. The results of the paper concludes that the American brands have dominated the hierarchy. Amazon and Apple were the two main competitors for the global supremacy.https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%204/36.pdfbrandbrand valueenterpriseamazonapple
spellingShingle Sorin-George Toma
The Evolution of the World’s Most Valuable Brands in the Period 2018-2023
Ovidius University Annals: Economic Sciences Series
brand
brand value
enterprise
amazon
apple
title The Evolution of the World’s Most Valuable Brands in the Period 2018-2023
title_full The Evolution of the World’s Most Valuable Brands in the Period 2018-2023
title_fullStr The Evolution of the World’s Most Valuable Brands in the Period 2018-2023
title_full_unstemmed The Evolution of the World’s Most Valuable Brands in the Period 2018-2023
title_short The Evolution of the World’s Most Valuable Brands in the Period 2018-2023
title_sort evolution of the world s most valuable brands in the period 2018 2023
topic brand
brand value
enterprise
amazon
apple
url https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%204/36.pdf
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AT soringeorgetoma evolutionoftheworldsmostvaluablebrandsintheperiod20182023