fortune-500

Vocabulary Word

Definition

'Fortune-500' refers to an annual list compiled by Fortune magazine that ranks the 500 largest U.S. corporations by total revenue. It's a prestigious list to be on!

Examples in Different Contexts

In strategic planning, making it to the 'Fortune 500' is often a goal for companies. A CEO might declare, 'Our next target is to break into the Fortune 500, as it would significantly enhance our market credibility.'

Practice Scenarios

Tech

Scenario:

Even with the fast growth of tech companies, we see a diversification in the industries represented in the top rankings.

Response:

That's true. Fortune-500 is no longer dominated by tech companies alone, as more industries continue to thrive.

Business

Scenario:

Since we've grown substantially this year, I genuinely believe our ultimate goal should be making it into the top 500.

Response:

Absolutely, gaining a spot in the Fortune-500 list should be our long-term goal as it validates our growth story.