Gep Short Presentation Example


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Gep Short Presentation Example

  1. 1. Global Economy Policy Outline the emergence and demise of the British East India Company
  2. 2. British East India Company Translation In French « La Compagnie anglaise des Indes Orientales » In German « Die Britische Ostindien-Kompanie » In Spanish « La Compañía Británica de las Indias Orientales » In Italian « La Compagnia Inglese delle Indie Orientali »
  3. 3. What is an East India Company? - An East India company is a merchant association(private) which receives from the royal power the monopole of trade on some far countries and different privileges to use it. - Some are called Occidental India companies(the ones which go for America) and the others East India companies. - The main East India Companies have been: the British one, the Dutch one, the Portuguese and the French one. - A huge capital - A company which was moving with its own army, so it is own employees - Model of company: dividends, shareholders, one of the biggest capitalist company which never existed. - A state within the state(tribunals).
  4. 4. BEIC: characteristics - Created in 1600 and disappeared in 1874. - The first steps of the British Empire in India as a base to export products from this region and China to Europe. - Recruit locally Ideas behind the BEIC: - Enlarging the British Empire - A 24h/24 system - A pacific integration - Made a lot of money for privates - No investment in local business
  5. 5. Chronology Nb of Nb of inventions: 152 inventions: 1 Nb of inventions: 14 1600 1874 1400 1500 1700 1800 1900 2000 Nb of inventions: 2 Nb of Nb of inventions: 174 inventions: 38 17th century 1804
  6. 6. A new kind of company was needed - Partners in the company did not have to know each other;(not a family company) - The owners of the company did not directly control the companies;(just want a ROI) - The companies were designed to be permanent(until now such company were only existing for a single trip)
  7. 7. Idea linked to the course Last time Professor Sherrer told us that the issue with Kingdom and capitalism is that they hardly ever fit together.
  8. 8. Emergence 1600: Portuguese, French and Dutch East Indian Companies were settled there 1757: Battle of Plassey Once this battle won the British Empire took more and more power in India.The emergence of the BEIC is launched.
  9. 9. To go further - A good strategy(corruption, implementation, good wars) - A very competitive market but once won no one could go back into the competition - Regarding the British Empire, everything was fine, the BEIC enriches the British Empire so why changing a method which is working
  10. 10. Demise - Not a single event - First war of India independence(1857) - Opium war in China - Huge losses and debts
  11. 11. To go further - They did not take in account cultural differences; - A short term strategy, no investment in local companies, creating inequalities - Chose the wrong product(opium) - They had to change their « brand » image - The interests of the British Empire are jeopardized then it took back the control of it
  12. 12. Conclusion The East India companies in general were the beginning of the companies we know nowadays. Even if it is true the rules and the internal way of running the company was different, the concept was almost the same that we have today. As all the companies the British East India Company one got up and downs situations which finally drove it to his end.
  13. 13. p68-70 Sources 74+M5b0f47ba1bb.0.html?&tx_gsfaq_pi1[question ]=102 tml .html 857 payes e/histoire/histfr/I/india.html