 |
|
AT&T named Top Organization for Multicultural Business Opportunities
|
 Southport, CT, January 10, 2008/ DiversityBusiness.com --AT&T was today declared again as the “Top Organizations for Multicultural Business Opportunities” for the second year in a row. Over 600,000 diversity business owners had the opportunity to participate in an online election to determine the “Top” organizations. The honor extends to another forty-nine major corporations and is collectively called the Div50.
The 8th annual list was produced by DiversityBusiness.com, the nation's leading multicultural B2B online website. The voting business owners based their decisions on such factors as the volume, consistency and quality of business opportunities granted to women and minority-owned companies. Other large companies at the top of the list are Coca Cola, Cisco, Dell, Toyota, Sun Microsystems and Target.
Top Honors for Top Corporations
While other awards and “Top” lists crown companies for overall economic growth, returns to shareholders and similar metrics, the Div50 is an indicator of which organizations provide the best and the most business for diversity-owned companies. In a marketplace that is increasingly as sensitive to diversity as it is to revenues, recognizing the top buyers of multicultural products and services is becoming a natural part of the new socioeconomic food chain. “Those organizations that buy the most products and services, most consistently, from diversity businesses, and that sustain the most mutually beneficial business relationships with their multicultural suppliers, should be recognized not only by the business owners but also by the general public,” said Kenton Clarke, CEO of DiversityBusiness.com.
The Business Power of Diversity
As multicultural businesses gain more buying power and their lifestyles become more affluent, multicultural markets are growing in economic muscle. This in turn attracts more corporations, as they compete for market share in multicultural communities. The Div50 list has become, by virtue of association, a consumer guide of sorts for women and minority consumers. “As a diversity business owner, I appreciate the business we receive from corporate buyers; and in turn, when I buy products and services, either as a company or as a private individual, I am much more likely to buy from the same companies that are supporting my business, or that I know are supporting businesses like mine,” said Peter Clarke, owner of Advanced Cleaning Concepts headquartered in Bridgeport, CT.
The list is circulated to over 1,000 organizations that distribute it to their members and associates; it thus reaches millions of consumers every year. In the 8 short years, it has become a highly valued metric of corporate excellence in the diversity space.
The Div50
The Div50 is a listing of the top 50 corporate and organizational buyers of diversity products and services throughout the country. It represents the voices of over 600,000 diversity-owned (women, African Americans, Hispanics, Asians, Native Indian and other multicultural groups) businesses in the U.S., in sectors such as technology, manufacturing, food service and professional services. The Div50 is produced annually by DiversityBusiness.com, the nation's leading multicultural B2B internet website that links large organizational buyers to multicultural product and service suppliers.
Over 600,000 women and minority owned businesses had the opportunity to vote in the 2007 online election. The winning companies will be honored at a special awards ceremony at DiversityBusiness.com’s 8th Annual Multicultural Business Conference, taking place April 23 - 25, 2008 at Disney's BoardWalk Resort, Orlando, Florida.
A complete list of winners is available at: www.diversitybusiness.com
About DiversityBusiness.com
Launched in 1999, DiversityBusiness.com with over 36,000 members is the largest organization of diversity-owned businesses throughout the United States that provide goods and services to Fortune 1000 companies, government agencies and colleges and universities. The site has gained national recognition and has won numerous awards for its content and design. It is a membership-based exchange platform that facilitates contacts and communication, streamlines business processes and provides vital business news and information. Also during last spring DiversityBusiness.com launched its National Business Magazine with a unique approach to diversity. More detail about the magazine could be found at www.DiversityBusiness.com/Magazine
Press Contact: Odetta Rogers, Director of Communications, DiversityBusiness.com
Source: DiversityBusiness.com
Please contact us for Reprint permissions - Click here to contact
America's Top Organizations for Multicultural Business Opportunities-2007 : DiversityBusiness.com
 |
America's Top Organizations for Multicultural Business Opportunities -
2007 |
| Over 600,000 women and
minority owned businesses had the opportunity to vote in the online
election. The election was conducted in a secure Internet environment
utilizing the latest technology available. Fortune 500 companies and
Government Agencies were selected for the awards based on business
opportunities they provide to diversity owned businesses.
|
 |
|
Rank
|
Top 50
Corporations
|
Rank
|
Top 50
Corporations
|
|
1 |
AT & T Inc. |
26 |
J.C. Penney Company, Inc. |
|
2 |
DELL |
27 |
OfficeMax |
|
3 |
Lockheed Martin |
28 |
Fannie Mae |
|
4 |
The Coca-Cola Company |
29 |
Progress Energy Inc. |
|
5 |
Procter & Gamble |
30 |
Bristol-Myers Squibb Co. |
|
6 |
Office Depot Inc. |
31 |
General Electric Company |
|
7 |
Time Warner Inc. |
32 |
Pitney Bowes |
|
8 |
Raytheon Company |
33 |
Boeing Company |
|
9 |
Cisco Systems, Inc. |
34 |
Chevron |
|
10 |
Toyota |
35 |
Pepsico Inc. |
|
11 |
Walt Disney Company |
36 |
Corporate Express |
|
12 |
Wal-Mart Stores, Inc. |
37 |
IBM |
|
13 |
DaimlerChrysler |
38 |
Target Corporation |
|
14 |
Nike |
39 |
Exxon Mobil |
|
15 |
Xerox Corporation |
40 |
Bank of America |
|
16 |
Starbucks Corporation |
41 |
Avis Budget Group, Inc. |
|
17 |
General Mills |
42 |
MGM Mirage |
|
18 |
Northrop Grumman Corporation |
43 |
Sun
Microsystems, Inc. |
|
19 |
General Motors Corporation |
44 |
Comcast Corporation |
|
20 |
United Technologies
Corporation |
45 |
Merrill Lynch & Co. Inc. |
|
21 |
Home Depot, Inc. |
46 |
FedEx Corporation |
|
22 |
Johnson & Johnson |
47 |
The Kroger Co |
|
23 |
Major League Baseball |
48 |
Colgate-Palmolive Company |
|
24 |
Verizon/Verizon Wireless |
49 |
Lowe's Companies, Inc. |
|
25 |
Staples Inc. |
50 |
Apple Inc. |
|
|
Click here to view the list of Honorable Mention
© 2007-2008 DiversityBusiness.com, All rights reserved.
|
|
|
|
