Bill Gates founded Microsoft in 1975 and through his leadership and business acumen transformed the company into the global software giant it is today. His early focus was on software rather than hardware, which proved pivotal. Key deals with IBM established Microsoft's dominance with its MS-DOS and Windows operating systems. By the 1980s Microsoft was hugely profitable. Gates helped drive adoption of the internet by giving away Microsoft's browser software. He has since become the richest person in the world but also dedicates significant funds to philanthropic causes through his foundation.
How organizations communicate with their customers had dramatically changed over time. Let's explore the challenges, past and present.
Learn more in our guide: http://bit.ly/2cb0XQ4
Advertising becomes easier with the emergence of desktop publishing leading to an explosion in print advertising.Hail the beginning of relationship marketing.
Chapter 11 of a university course in media history by Prof. Bill Kovarik, based on the book Revolutions in Communication: Media History from Gutenberg to the Digital Age (Bloomsbury, 2nd ed., 2015).
How organizations communicate with their customers had dramatically changed over time. Let's explore the challenges, past and present.
Learn more in our guide: http://bit.ly/2cb0XQ4
Advertising becomes easier with the emergence of desktop publishing leading to an explosion in print advertising.Hail the beginning of relationship marketing.
Chapter 11 of a university course in media history by Prof. Bill Kovarik, based on the book Revolutions in Communication: Media History from Gutenberg to the Digital Age (Bloomsbury, 2nd ed., 2015).
Truly great collaboration partnerships don’t happen every day - or even every year. This Arkadin infographic looks at a century of great collaboration stories.
Even on multi-decade timescales, truly earth-shaking collaborations only pop up every decade or two. But when they do, they’re easy to recognise.
They involve big challenges, with the fate of nations and industries at their mercy. Perfect planning, with pin-sharp focus on strategy and strengths leading to extraordinary outcomes, changing the lives of billions.
The partnerships below aren’t the only ones, but they’re among the greatest. Collaborative technology - from transatlantic telegraphs to broadband conferencing and presence - played its role in every one.
Mega Trends in Tech - Present and Future and How They'll Impact Your Top LineFamilySearch
Soon, everyone on this planet will be connected no matter who or where they are. More memories and life events will be shared than in the history of all mankind. Don't miss this historic opportunity to grow your business.
This presentation was given by Greg Collier at the 2015 RootsTech Innovator Summit held at the Salt Palace Convention Center in Salt Lake City, Utah, USA on February 11, 2015.
Forces of Change & The Importance of NarrativeOgilvy
OgilvyEntertainment creates compelling narratives that fuel deeper connections between brands and consumers.
In Forces of Change & The Importance of Narrative, President Doug Scott explores how disruptive innovation is driving new forms of content, creativity and engagement. While "storytelling" may be the latest trend, narratives have no limits in today's transmedia world. The state of play has shifted and the key is to activate deep content experiences driven by the power of NARRATIVE.
My slides (in English) from our presentation at Styrelseakademien on Oct 21, 2019 in Stockholm at PWC offices. As part or our project, 4boards.ai, https://4boardsai.wordpress.com/.
10 Eye-Opening ecommerce Trends for 2015 and Beyond.rohitsub bade
The rapid pace of technological innovations and their impact on how we – the masses – live our day-to-day lives presently are giving rise to newer socio-economic equations and conditions at a rate that is faster than ever recorded in the history of human evolution before.
In terms of electronics technology and communications, while mankind’s journey from telephone to tele-fax took well over seven decades, we moved from the first-generation mainframe computers to personal computers (PCs) in only about two decades.
Entrepreneurship & Commerce in IT - 08 - E-Commerce business models and conceptsSachintha Gunasena
This series in about the Entrepreneurial and E-Commerce opportunities and how to harness the power of Information Technology to improve or revolutionize business.
This session discusses about e-commerce business models and concepts:
• Growth of the Internet and the Web • Origins and Growth of E-commerce • E-commerce I and E-commerce II eras • Organizing themes of e-commerce • Elements of a business model • Business-to-consumer (B2C) business models • Business-to-business (B2B) business models • Business models in other emerging e-commerce areas • How the Internet and Web change business, strategy, structure, and process.
Truly great collaboration partnerships don’t happen every day - or even every year. This Arkadin infographic looks at a century of great collaboration stories.
Even on multi-decade timescales, truly earth-shaking collaborations only pop up every decade or two. But when they do, they’re easy to recognise.
They involve big challenges, with the fate of nations and industries at their mercy. Perfect planning, with pin-sharp focus on strategy and strengths leading to extraordinary outcomes, changing the lives of billions.
The partnerships below aren’t the only ones, but they’re among the greatest. Collaborative technology - from transatlantic telegraphs to broadband conferencing and presence - played its role in every one.
Mega Trends in Tech - Present and Future and How They'll Impact Your Top LineFamilySearch
Soon, everyone on this planet will be connected no matter who or where they are. More memories and life events will be shared than in the history of all mankind. Don't miss this historic opportunity to grow your business.
This presentation was given by Greg Collier at the 2015 RootsTech Innovator Summit held at the Salt Palace Convention Center in Salt Lake City, Utah, USA on February 11, 2015.
Forces of Change & The Importance of NarrativeOgilvy
OgilvyEntertainment creates compelling narratives that fuel deeper connections between brands and consumers.
In Forces of Change & The Importance of Narrative, President Doug Scott explores how disruptive innovation is driving new forms of content, creativity and engagement. While "storytelling" may be the latest trend, narratives have no limits in today's transmedia world. The state of play has shifted and the key is to activate deep content experiences driven by the power of NARRATIVE.
My slides (in English) from our presentation at Styrelseakademien on Oct 21, 2019 in Stockholm at PWC offices. As part or our project, 4boards.ai, https://4boardsai.wordpress.com/.
10 Eye-Opening ecommerce Trends for 2015 and Beyond.rohitsub bade
The rapid pace of technological innovations and their impact on how we – the masses – live our day-to-day lives presently are giving rise to newer socio-economic equations and conditions at a rate that is faster than ever recorded in the history of human evolution before.
In terms of electronics technology and communications, while mankind’s journey from telephone to tele-fax took well over seven decades, we moved from the first-generation mainframe computers to personal computers (PCs) in only about two decades.
Entrepreneurship & Commerce in IT - 08 - E-Commerce business models and conceptsSachintha Gunasena
This series in about the Entrepreneurial and E-Commerce opportunities and how to harness the power of Information Technology to improve or revolutionize business.
This session discusses about e-commerce business models and concepts:
• Growth of the Internet and the Web • Origins and Growth of E-commerce • E-commerce I and E-commerce II eras • Organizing themes of e-commerce • Elements of a business model • Business-to-consumer (B2C) business models • Business-to-business (B2B) business models • Business models in other emerging e-commerce areas • How the Internet and Web change business, strategy, structure, and process.
Software companies have come a long way from their humble beginnings in the garages of tech enthusiasts. Today, they are the driving force behind the digital age, shaping industries and economies around the world. In this blog post, we’ll take a closer look at the fascinating journey of software companies, from their origins to their current status as global giants.
Chapter 11 Globalization and the Digital Divide Learnin.docxzebadiahsummers
Chapter 11: Globalization and
the Digital Divide
Learning Objectives
Upon successful completion of this chapter, you will be
able to:
• explain the concept of globalization;
• describe the role of information technology in
globalization;
• identify the issues experienced by firms as they
face a global economy; and
• define the digital divide and explain Nielsen’s three
stages of the digital divide.
Introduction
The Internet has wired the world. Today it is just as simple to
communicate with someone on the other side of the world as it
is to talk to someone next door. But keep in mind that many
businesses attempted to outsource different needs in technology,
only to discover that near-sourcing (outsourcing to countries to
Chapter 11: Globalization and the
Digital Divide | 245
Internet
Statistics by
Continent.
Source:
https://www
.internetworl
dstats.com/
stats.htm.
(Click to
enlarge)
which your country is physically connected) had greater advantage.
This chapter looks at the implications of globalization and the
impact it is having on the world.
What Is Globalization?
Globalization refers to the integration of goods, services, and
culture among the nations of the world. Globalization is not
necessarily a new phenomenon. In many ways globalization has
existed since the days of European colonization. Further advances
in telecommunication and transportation technologies accelerated
globalization. The advent of the the worldwide Internet has made all
nations virtual next door neighbors.
The Internet is truly a worldwide phenomenon. As of December
2017 the Internet was being used by over 4.1 billion people world
wide.
1
From its initial beginnings in the United States in the 1970s to
the development of the World Wide Web in the 1990s to the social
networks and e-commerce of today, the Internet has continued to
increase the integration between countries, making globalization a
fact of life for citizens all over the world.
1. [1]
246 | Information Systems for Business and Beyond (2019)
https://www.internetworldstats.com/stats.htm
https://www.internetworldstats.com/stats.htm
The Network Society
In 1996 social-sciences researcher Manuel Castells published The
Rise of the Network Society, in which he identified new ways
economic activity was being organized around the networks that
the new telecommunication technologies had provided. This new,
global economic activity was different from the past, because “it
is an economy with the capacity to work as a unit in real time on
a planetary scale.”
2
Having a world connected via the Internet has
some massive implications.
The World Is Flat
Thomas Friedman’s 2005 book The World Is Flat uses anecdotal
evidence to present the impact the personal computer, the Internet,
and communication software have had on business, specifically the
impact on globalization. Three eras of globalization are defi.
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
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www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
2. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Like Henry Ford with his Model T, Bill Gates envisioned the
mass appeal of the personal computer, but unlike Ford, he
didn’t want to build it. Gates’ genius was never in hardware;
instead, he provided the brains – the software and
operating systems.
• Bill Gates understood brand: The various iterations of his
Window software, all named by year, were introduced at
press conferences that wrapped high tech. in the glitz of a
Miss Universe pageant.
• One more way that Gates resembles so many of the moguls
who came before him: He began the business that was to
make him the World’s richest man out of nothing more than
a dominating idea borne on an iron will
3. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Henry Ford empowered his workers – and kept unions at
bay – by creating the $ 5 a day wage. Bill Gates
empowered his workers – and kept them from fleeing to
other software companies – by sharing the wealth through
stock options.
• At his company’s prime, Gates was earning at a pace
nearly 175 times.
• With his own money, Gates built a 40,000 square foot home
sunk into bluff overlooking Lake Washington, outside
Seattle.
4. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Gates has expressed a desire to spend much of the second
half of his life giving away his money. Through a foundation
run by Gate’s father, Gates and his wife, Melinda, have
donated billions of dollars, mostly for education, libraries
and public health.
• For the year 1999, grants from the Bill & Melinda Gates
Foundation included nearly $ 950 million for vaccines
against preventable diseases and an even @ 1 billion to
fund the Gates Millennium Scholars program, to enhance
minority access to higher education.
5. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Among the points of attraction between Gates and Buffet,
who is 25 yrs his senior, is a fascination with games of all
sorts, and a marathon-like capacity to pursue them.
• The first time America’s two richest men got together with
their wives at Buffett’s San Francisco home, they ended up
playing nine straight hours of bridge.
• Gates’ immediate rivals seem to take almost demonic glee
in attacking the man, his products, and his company.
Borland CEO Philippe Kahn once compared Microsoft to
Germany under Adolph Hitler; another time, he likened
Microsoft’s Windows system to AIDS.
6. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Lotus founder Mitch Kapor looked around the landscape of
the software industry and declared that Microsoft’s
dominance had left it “the kingdom of the dead,”
• Oracle CEO Larry Ellison is probably the most antagonistic
of Gate’s many industry competitors.
• As the Justice Department was moving against Microsoft,
Ellison told a May 1998 Harvard computer conference that
the company’s business practices were “patently
illegal…more blatant than anything
• Oracle also hired a Washington detective agency,
Investigative Group International, to dig up dirt on its rival,
literally going through Microsoft’s trash.
7. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• In Cyberspace, things only get worse. Half a year into the
new millennium, you could use a MS operating sytem and
MS internet navigator to find websites with names like
Boycott Microsoft, Punch Bill Gates, the MS Hate Page etc.
• Bill Gates Personal Wealth Clock, which tracks Gates’ gross
worth by the fractional second, based on the 141,159,990
million shares of Microsoft he owned as of 1995, adjusted
for splits in 1996, 1998 and 1999.
• As of Dec. 15, 2000, with the MS share price sitting at $
48.875, Bill Gates was worth $ 55.19 billion, the clock
noted.
8. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• By the end of 2005, the wired worldwide population is
predicted to hit 765 million people, and as the numbers
grow, the digital wealth will spread.
• At the outset of the 21st century, about 43% of all Internet
users were Americans.
• Almost overnight, Australia and Finland, the 11 time zones
of the former Soviet Union, New Delhi, Madagascar, Rome,
and New York City had all become just a log-on away.
• A web had been created – a literal web: Touch it anywhere
and you are in touch with its whole being. And as the Web
was spreading exponentially, opportunity was spreading
with it.
9. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Microsoft, AOL, Macintosh, Lotus, Netscape, Bill Gates, Steve
Case, Steve Jobs, Vint Crf, Bob Kahn, and tens of thousands
of others had all played a role in launching an opportunity
machine such as the world had never known – one that
spread the chance for a better economic life to places that can
seem almost unimaginable.
• To see how the new interconnected world creates opportunity,
though, it’s useful to look at three women who have made
their global interconnection : Me Tha, Vivian Wee, and Nikone
Nanong.
• They have travelled the World, helping businesses in remote
countries like Laos learn how to use e-commerce and the
World Wide Web so that can compete globally and take
advantage of the global appetite for goods.
10. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Nikone’s Internet site (www.aworldforall.com) is operated by A
World for All, a nonprofit foundation dedicated to improving
community life in impoverished areas. The site includes
artisans from Cambodia, Thailand, and Vietnam, as well as
Nikone’s Lao weavers.
• Through the site, crafts people working in some of the World’s
most forlorn economies can compete with other weavers and
textile entrepreneurs in every corner of the planet.
• And in a nation like Laos where yearly income in 1999
averaged less than $ 1,300 a person, it takes only a relatively
few e-business sales to make an enormous difference in the
standard of living for the craftspeople and the families and
communities they help support.
11. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• The Netherlands grew rich in the 16th & 17th centuries as a
trading center where rare goods brought out of North Africa,
the Levant, and further East at great cost could begin to make
their way to the marketplaces of Europe.
• Godric grew rich a half a millennium earlier by doing much the
same at far greater risk.
• But today, the Internet accomplishes all that Godric and the
Dutch East India traders did in the blink of an eye.
• Goods from all over the globe are available to shoppers all
over the globe, 24 hours a day and via every sort of barter
exchange; meet a price, name a price, bid a price.
• Today, through the internet, stocks, bonds, mortgages, and
mutual funds are all bought and sold online, and currency
12. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Now the internet provides both the power source and the bulk
of the infrastructure for many businesses like Nikone’s
Handcraft Centre – at a fraction of the cost.
13. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Born to wealthy parents in Seattle – where his father was a
prominent attorney and his mother a childhood of Me
Greenfield, the longtime editorial-page editor of the
Washington Post – Gates attended the fashionable and
academically rigorous Lakeside School.
• By tenth grade, Gates was writing a program that handled
class scheduling for Lakeside.
• After Graduating from Lakeside in 1973, Gates moved on to
Harvard. Two years later, in Jan. 1975, came the event
enshrined in Microsoft mythology as the moment of
conception.
• It was that Bill Gates became Harvard’s most famous dropout
– he and Allen set up shop in Albuquerque, New Mexico and
Microsoft was launched.
14. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• Micro-soft, as it was first spelled, ended in 1975 with three
employees and $ 16,500 in revenues, but Gates and Allen
were well on their way to settling a fundamental question that
was to make all the difference in the company’s success.
• Hardware, after all, was the business that nearly all the
computing giants of the time were pursuing. Gates wanted to
do software only, and luckily for Microsoft’s eventual
shareholders, he prevailed.
• By 1980, Microsoft moved to Washington State, and was a
40-person company earning about $ 7.5 million in revenues.
The company would end 1981 with three times as many
employees and more than double the revenue.
15. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• On Aug.12, 1981, IBM introduced with great fanfare its
Personal Computer: Far less noticed at the time was the 16-bit
brain inside the PC – Microsoft’s Disk Operating System, or
MS-DOS, for short – or the fact that Gates had pressured the
industry behemoth into giving MS sole rights to license MS-
DOS.
• By the mid 1980s, Microsoft’s market dominance was
beginning to pay off in a serious fashion. Revenues for 1985
stood at over $ 140 million, more than nine times what they
had been when the company’s operating system was first
introduced.
• To make certain that computer users would head into
cyberspace using Microsoft products, the company gave away
its Internet navigation software, called the MS Internet
Explorer.
16. Business History
Businesses that changed the World
Bill Gates and Cyberspace
• In time, Microsoft would spread itself all over the Internet and
intranets, and into multimedia, on-line magazine publishing,
Web TV, and just about anywhere else that a company with a
limitless appetite and some $ 15 billion in annual revenues
could take it.
• Bill Gates, who prefers to think of himself as a technologist, not
a businessman, had become both one of the world’s most
admired men as well as its richest citizen.