Two Australian businesses have rated highly in a survey of the world's most admired companies conducted by Forbes magazine, The West Australian reports.
Leading retailer Woolworths was ranked amongst the finalists in the survey's food and drug store category while BHP Billiton was ranked as the third most admired mining company.
In terms of the overall top 20, Apple was named as the world's most admired company. General Electric ranked second while Toyota took out third place in the annual listing.
The survey also looked at employee incentive programs. It found 46 per cent of Australian companies in the 'most admired' table had reward programs for staff in place, which is 10 per cent lower than the international average.
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