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Negative Aspects Of Globalization In Developing Countries
Globalisation is a worldwide movement which integrates economic, financial, trade and commerce
from different countries. It has influenced communication between countries and brought them
together. It made countries more interdependent and interconnected with free transfer of goods and
services across national frontiers.
Globalisation can have lots of benefits on western societies such as implies the opening of the local
to a broader outlook (Angelasancartier.net.2017). Globalisation also involves culture spread, and the
process of globalisation happens through the media, consumer goods and western consumer lifestyle
(ThoughtCo.2017). These lead to a fashion sold for western societies by giant retailers who can
update inventory and make transnational trade deals (Angelasancartier.net.2017). The opening
market and culture diffusion also make people who consuming is actually more focus on the
corporate brand or logo such as Nike, Victoria's Secret and Adidas than the clothing itself.
Globalisation has been one of the most hotly debated topics in international economics (Forbes.com,
2017). Rapid growth and poverty reduction has been a positive aspect of globalisation on
developing countries like China and Africa. Increasing globalisation has helped the expansion of
opportunities for nations and benefits workers inrich. Globalisation is a process of opening up
economics so that trade between countries could take place freely (Digit Pro.2017). The negative
aspect of globalisation
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Dutch Slave Trade Essay
Dutch Slave Trade
During the 17th and 18th centuries, mercantilism was the emerging economic policy through which
the slave trade developed in Europe. In the Netherlands many historical events gave rise to a desire
for domination of international trade. They were serious tradesman and were heavily involved in the
profitable business of slavery. The Dutch, intelligent and self–ruling tradesmen took no time in
displaying their dominance over rival countries, Portugal, England and Spain, in the Atlantic and
Indian Ocean. They established their international superiority in trade and impacted today's society.
From 1609 to 1713, the Dutch Republic was going through "The Golden ... Show more content on
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However, this in turn led to the entrance into international trade. This will begin a long struggle for
trading power with the Portuguese, Spanish, English, and French.
The Dutch didn't take long to make their presence felt. The quote from the book The Slaves
describes their attitude coming into the trade, "The Dutch, fiercely independent, and aggressive
traders...did not take long to establish themselves internationally." The Dutch were determined to
control the trading power in West Africa. By mid 16th century, the Dutch had set up posts along the
West African coast, and forts in present day Indonesia. The Dutch also controlled most of the
Eastern Sea and had set up forts along the Caribbean and the coast of Dutch Guiana. The Dutch
were very bright when it came to technological advances. One example of their knowledge was the
invention of the canal and irrigation tactics. The Dutch intelligence in trade soon overcame the
Portuguese in Africa. First off, the Dutch armed their boats and also trained the sailors. This system
will prevent rivals and enemies to sink their ships or purge their cargo from the ship. The Dutch also
raided particular forts, which gave them good geographic points on the map, and limited the power
of their rivals. These forts were ports for trading routes, where ships may need supplies, and were
also loading areas for
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Dutch During The World Of Indonesia
Dutch Trading in Indonesia The nation of Indonesia has barely had independence for less than a
hundred years. Before the Japanese captured the country; Indonesia was in the control of the Dutch
for 350 years. Indonesia did not receive its independence till December 1949. Why did the Dutch
decide to settle land in what was commonly known as the Dutch East Indies and how were the lives
of the natives affected? Going back further in history on why the Dutch decided to colonize what is
now modern Indonesia was because they were violently attacked by their neighbor, Germany, for
five years. After having dealt with Germany, the Dutch finally received some reinforcements. With
the help of reinforcements, the Dutch were liberated. After they ... Show more content on
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This monopoly became the main competitor in the spice trade world. The government 's intention
was to bring military pressures on the Portuguese and Spanish (they settled Indonesia first). The
Vereenigde Oost–Inndische Compagnie ships were replaced with armed fleets that intended to attack
Portuguese bases. In 1605, VOC ships defeated the Portuguese and were able to gain some of the
Spice Islands. The Dutch trading company was granted shipping lands of both Melaka and Sunda
straights through the ruler of Jakarta in West Java. VOC didn 't realize that the ruler of modern–day
Jakarta also promised trading rights to the English; the Dutch didn 't like the idea of sharing. By
1619, the VOC 's relationships with the English and Jayakartans deteriorated and the company
renamed their headquarters Batavia. Jan Pieterszoon Coen, founder of the Batavia headquarters,
nearly caused the genocide of the indigenous population of the Banda Islands in Maluku. He
developed plans to make Batavia the center of the Asian trade from Japan to Persia. Coen wanted to
develop the spice plantations using Burmese, Madagascan, and Chinese laborers. His plans did not
succeed, he obtained a VOC monopoly on the spice trade. VOC gained more control in Indonesia,
now the company had control over the production of cloves. The combination of the Bandas from
1609–1621 gave the company
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The Impact Of Dutch Colonization On Indonesia
Introduction:
The indigenous groups of Indonesia went to brutal extents in attempts to successfully fight for rights
and recognition from results of Dutch colonisation. The Dutch colonised Indonesia in 1677,
completely taking over the government. Significant figures involved; the different islands of
Indonesia, the Dutch East India Company, and the battles Indonesia went to in order to gain back
their independence. Long term impacts of the Dutch colonisation upon Indonesia improved and
modernised the lives of Indonesian people but as a result of traumatic and gruesome mistreatment of
the indigenous culture.
Pre–colonization:
Before Western European influences had power over Southeast Asia, what is known as Indonesia
used to be an archipelago which consisted of individual islands and plantations ruled by different
empires. Occasionally living in peaceful coexistence yet at times being at war with each other due to
the lack of social and political unity that Indonesia has in todays society. Integrated trade networks,
began developing starting from the early evidence of Asian history. Being connected to trade
networks was an advantage for empires to gain wealth and resources, necessary to become a
powerful influence. the more foreign influences managed to enter, this development as these trade
networks in the archipelago became more global, eventually lead to the colonial state. A significant
matter to the history of Indonesia, it generally centres on the western part of the
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Vermeer's Hat Review Essay
Vermeer's Hat: the Seventeenth Century and the Dawn of the Global World
Review Essay
Brook, Timothy. Vermeer's Hat: The seventeenth Century and the Dawn of the Global
World (New York: Bloomsbury Press, 2008). 272pp. $17.
Reviewed by: Holly Spacht
December 16, 2013
In Vermeer's Hat: The seventeenth Century and the Dawn of the Global World, Timothy Brook uses
Vermeer's paintings to show the effects of trade on the world and the overall globalization occurring.
Brook argues that this globalization had begun in the seventeenth century. He takes a look at
Vermeer's paintings, and uses them as windows into seventeenth century history to discuss further
topics of interest. Through every painting, it leads to a door that ... Show more content on
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He states that tobacco started in Europe due to Portuguese sailors, and from there it spread and soon
became was in high demand. Chinese people thought that tobacco had medicinal purposes, while
Native Americans thought that tobacco connected you to a supernatural world.
If we skip back a little, in the first chapter of Vermeer's Hat: The seventeenth Century and the Dawn
of the Global World, Brook discusses Vermeer's first painting, View of Delft. This painting is one of
the only outdoor scenes Vermeer had painted that is still in existence. The first window Brook opens
for his readers in this painting is a view of the city of Delft. This painting shows the river harbor in
Delft. Brook first uses the herring buses in this painting to open a window into the seventeenth
century. Herring buses Timothy Brook states herring buses in Vermeer's Hat, are, "three–masted
vessels built to fish for herring in the North Sea" (12). The herring buses give Timothy Brook a
window to talk about the climate change and sickness in the sixteenth and seventeenth centuries. In
these two centuries, the temperatures were falling all over the world, creating increased sickness and
shorter crop seasons. In Vermeer's Hat, Brook says that the two herring boats in the painting are
evidence of climate change. Brook also uses Vermeer to talk about the exchanges in the seventeenth
century. He states that one of the benefits of the climate changing was the southward
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Disadvantages Of Culgural Shock
Recently,globalisation,with its numerous impacts on world productio,consumption,
trade,employmet,communication and technology, has chanbed the world environment for
business,resulting in enhaced competition,emerging opportunities as well as threats and
risks.Managing business organisations effectively has been more important,complicated and
challenging. Business nowadays has go adapt multivariate technologies or strategies in–order to
compete and survive successfully. Therefofe it is important for managers to examine critically the
opportunities and risks,poised to businesses in order tohelp them in appropriate decision making
process Most studies and literatures suggest that the overall benefigs as aresult of
globalisation,outweighs its cost. ... Show more content on Helpwriting.net ...
THE DIFFERENCE INMANAGERIAL STYLE IN JAPAN AND UNITED STATES. United states
and Japan are two main giant economic powers inthe pacific region. Each country has developed
their own management leadership practice,that is suitable for theircultures. Gupta, Hanges and
Dorfman (2002) found that united states is clustered in in the same group as Australia, New zealand
and england in the anglo culture, while Japan in the same group as Korea,China and Taiwan in the
confucian Asia. The argument is that the nations in the same cluster, have more closely related
culture than the other clusters. Despite the cultural differences, there is one sibnificant aspect, where
united states and Japan are similar,both xountries embrace the capitalism idealogy. However Ralson
Holt,Terpstra and Chang (2008), suggest that the Japanese interpretation of capitalist idea is not
identical to their U.S counterpart.That is one resoan why Japan can still preserve their culture,
regardless the westernasation enforced by
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The English East India Company
The Portuguese Working Under the English East India Company at Fort St. George Madras in the
Seventeenth Century
The success for the English East India Company making inroads in the Coromandel was due to the
Anglo–Portuguese Truce (1630), which made possible for the foundation of an English settlement in
1640 at Madraspatnam. With the establishment of Fort St. George in 1640, slowly the migrants
begin to settle down with the promise of no tax for thirty years, 'the term of thirty years only no
custom of things to be taken, drank, or worn should be taken of any of the town dwellers.' Among
them the most important community who came to settle were the Portuguese and their offspring
known as mesticos. They knew the Tamil language and all usual ways of expediting business in the
region; they were ideal foremen, as soldiers, as translators, as brokers, in fact as intermediaries for
all the range of activities which are useful in establishing and operating a fortified trading post in the
midst of a strange landscape.
The Portuguese that colonized Coromandel as early as in 1518 were not part of the administrative
system of Goa, though by the 1620s the resident fear of the Dutch and English made them closer ties
with the viceroyalty in the hope that it will be able to protect them. But the Estado da India watched
helplessly when the Dutch started capturing their own ships, which greatly affected their prosperity.
Even before the final annexation of Portuguese overseas empire,
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Lenovo Case Study
Lenovo Group Ltd. (Lenovo) is a Chinese multinational technology corporation that founded in
Beijing in 1984. Specifically, Lenovo is one of the top enterprises that produces and sells consumer
electronics and computer hardware, with a focus on producing personal computer (PC). Currently,
the headquarter of Lenovo is in Beijing, China, with a second headquarter that located in
Morrisville, North Carolina, United States. As a multinational enterprise, Lenovo currently have
operations in more than sixty countries and has its products sold almost all over the world.1
Becoming a multinational enterprise especially making it to the top of the industry is not an easy
thing for any company due to numerous predictable and unforeseen challenges. However, Lenovo
has successfully expanded its business and reached to the top. Therefore, the present paper aims to
analyze Lenovo's operational/managerial strategies and provide a better sense of what has Lenovo
done for reaching to the current position in the global market. Thirty–three years ago, the founder of
Lenovo founded the company with only 33,231 USD (converted from 20,000 CNY). 2
Nevertheless, Lenovo has become one of the Fortune 500 companies, and it is one of the largest PC
manufacturers in the world, with a more than 20% market share, and around 43 billion revenues in
2016. 3 Over the past three decades, Lenovo has implemented numerous strategies to achieve such
accomplishments. Since multinational enterprises often involve in
... Get more on HelpWriting.net ...
Mnes Advantages And Disadvantages
1. Learning Outcomes
2. Multinational Enterprises (MNEs): Definition and Features
3. History and Evolution of MNEs
4. MNEs in the Global Economy
5. MNEs in India
6. Advantages and Disadvantages of MNEs
7. Summary
1. Learning Outcomes
This module will help in understanding the following topics:
Multinational enterprises: Definition and its features.
History and evolution of MNEs
MNEs in the global economy
Advantages and Disadvantages of MNEs
Top most MNEs in India
2. Multinational Enterprises : Definition and Features
There are various definitions of a multinational enterprise. Broadly, a multinational enterprise or a
multinational corporation (MNC) refers to a giant firm that owns the production of goods or services
in many countries other than their home country. David E. Liliental, defines the MNCs as
"corporations which have their home in one country but operate and live under the laws and customs
of other countries as well." According to Franklin Root (1994), an MNC is a parent company that
engages in foreign production through its ... Show more content on Helpwriting.net ...
These large MNCs are based almost exclusively in advanced industrialized countries; ninety–nine of
the 100 largest firms are from the United States, Western Europe, or Japan and more than 5/6ths of
all parent corporations are based in
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The Dutch Republic Downfall Essay
Within 1650 to 1713 the Dutch Republic underwent a formidable transformation, which changed its
status as a major influence in Europe. The Dutch Republic was a political union of seven provinces
that was not only an impressive banking and commercial capital, but the Dutch also had a great navy
as well. Additionally, the center of flourishment in the Dutch Republic was Amsterdam, which was
the foremost trading and banking center in all of Europe. The changing environment of the late
seventeenth and early eighteenth centuries forced the Dutch Republic into a position of conflict and
unbalance, which proved detrimental to their country as a whole. One of the first challenges to the
Dutch Republic dealt with military and how countries, such as ... Show more content on
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Additionally, another major conflict of militaristic means was against the English, in which
approximately 2,000 to 2,700 Dutch ships were seized by the English in the three Anglo–Dutch
Wars, (Doc. 3). This document primarily showed that Dutch had major troubles with their security
to other foreign nations. England was the main competitors of the Dutch for trade during this time
period, and these seizing of ships made perfect sense if the English wanted to come out on top. For
example, these conflicts are shown on a map of the naval battles between the English and Dutch,
during the years 1652–1674, (Doc. 1). On the map the most battles occurred between the Dutch
trade route that went through waters close to England, which ended up being one of the biggest
challenges to the Dutch republic militarily. Marquis de Pamponne, French ambassador to the Dutch
Republic, reported to the French government that the wars between the English and Dutch were
primarily over trade and obtaining trade routes, (Doc. 11). This document was written by a foreign
opinion to the French government because the French were obviously curious about these conflicts
that were occurring. More importantly, this document showed trade routes were a major cause of
challenges on the military on the Dutch, which caused an increase
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Similarities Between The British East India Trading Company
The Dutch East India Trading Company and the British East India Company had several similarities
between the two. An obvious similarity was the fact that they were both trading companies that were
located within east India. Some other similarities include that they both traded raw materials.
Another similarity between the two was that they had people work on farms for them in order to get
their cash crops. Adding to the cash crops, many farmland would be taken over by cash crops. In
doing so, the cash crops brought great success and wealth to each of the trading companies;
however, it also brought the same difficulties to the people. People would have much of their
farmland taken from them in order for the plantation of cash crops. This would ... Show more
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It's trading posts were set up along Bombay, Madras, and Calcutta. After the collapse of the Mughal
Empire, the British East India Trading Company began to increase in success. As it continued its
growth, the British government began regulating it. For the most part, the British government did
not interfere with the East India Trading Company. The British East India Trading Company was
extremely useful when it came to raw resources. India was able to produce the resources needed by
the British. In addition, they created their own railroad network. With the railroad network, they
were able to transport their products. The railroad network had been a huge step up for the British
East India Trading Company. They were now able to transport plantation crops such as tea, indigo,
coffee, cotton, jute, and opium. Trade with many of these crops was because of international events.
For example, if a resource was limited at the time, India would make a large profit off of it if they
could provide it. In the end, the British East India Trading Company made life in India better. It led
to the modernization of India which allowed them to catch up with the rest of the
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Beaver Fur Trade
Envisioning today's world without the events of the seventeenth century is a genuine awakening.
From the conquests of the Americas by the Europeans to traditional isolationist views in Asia, one
could sufficiently argue this period in history as being the catalyst that ushered in the interdependent
society enjoyed by those who presently inhabit the earth. Furthermore, the integration of people and
cultures led to numerous indispensable discoveries of goods in foreign lands. The global market
exploded as trade became prominent, and people's definition of amenity changed to that which
meant "they needed it because they wanted it." Slaves, blue and white china, silver, and spices are
only a few examples of what was available on the global market ... Show more content on
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This dish represents much more in the bigger scheme of the world than one might imagine. There
had been bitter conflict in the years prior to the rise in popularity of fine china in Europe between
the Dutch and Spanish. This fact is exemplified in the line, ". . . Spain was the [Dutch] arch–enemy:
Spain was the state that had occupied the Low Countries in the sixteenth century and had used
spectacular violence to suppress the Dutch independence movement" (Brook 64). Being Portugal
was in alliance with the Spanish made their vessels "fair game" to be apprehended at sea by the
Dutch. This occurred with the Dutch occupying the two Portuguese ships; San Iago and Santa
Catarina. Thus, it was by domination that the inaugural shipments of fine china made its way to the
Dutch country. Explaining the arrival of the acquired Portuguese goods in Amsterdam, Brooks
writes, "Onto the docks of that city emerged the first great trove of china to reach Holland, and
buyers from all over Europe fought for a piece" (Brooks 63). While some goods were traded or
confiscated to appease the masses' personal wants, other exchanges taking place in the time period
of Vermeer was solely for survival. This introduces the need for more than trade to survive. The
need for a recognized world currency was at
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The Dutch Golden Age Of The Dutch Revolt
Now formally known as The Netherlands, the nation used to be identified as the great land
of The Dutch. During the seventeenth century, the nation experienced an influx that made
the country's name known all over the world. Titled "The Dutch Golden Age" during which The
Dutch Republic become at the time, one of the most powerful nations in the world in respect to
their economy, liberal arts, and naval military. As this essay progresses, I will continue to discuss
this particular time in history and reveal it's impact on not only itself, but the entire European
continent.
Before discussing how The Dutch's economy increased and how "The Dutch Golden Age" came to
be, going over the "Dutch Revolt" would be an ideal place to start considering it's how the Dutch
gained their independence. The first forty–three years of the "Dutch Revolt" also knowns as the
Eighty Years' War, was the fight between The Dutch Republic and Spanish Empire. The fight
between the two lasted from 1566 till 1609 until a twelve year truce was signed and The Dutch
Republic finally gained it's hard earned independence. The Dutch revolted against the Spanish King
mainly because the King wanted to tax ten percent. At the time, Holland was one the wealthiest
countries in Europe, thanks to their large population of windmills and the new trading routes with
India and Africa. The country didn't feel that the King needed a profit from them and they rebelled,
beginning the historical Eighty Years' War.
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A Multinational Company ( Mnc )
A multinational company (MNC) is a business that operates beyond its geographical boundaries of
its country of origin by opening branches or dealing with associates in more than one country. In
other words, it is a company that engages in foreign direct investment (FDI). MNCs organize
processes of manufacturing and delivering of goods and services to market in various countries,
using their production firms either locally or abroad. To be able to operate in other countries, a
company must be registered in these individual countries. The headquarters of multinationals are
usually in the country of origin, with partly or fully owned subsidiaries abroad. Today, the world is
increasingly becoming a global village. With Internet technology, ... Show more content on
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Carrying out an environmental analysis can help determine the viability of investment. The elements
that need to be analyzed in such a probable country include political, economical, social,
technological, environmental and legal, which are popularly referred to as PESTEL analysis (Sexton
& Vlasto, 2012). Besides, the company must evaluate its internal analysis in the lens of the new
market by carrying out a SWOT analysis to establish its strengths, weaknesses, opportunities and
threats. The reasons why companies chose to become multinational corporations vary. Even before
carrying out market analysis, the reason is always there. Establishing the right country to invest, can
go a long way in expanding the business in the future markets. However, some ventures fail, but that
does not mean that the business cannot still do well in other alternative markets (Sexton & Vlasto,
2012). All in all, there are different reasons which push companies to go into the global market,
otherwise known multinational companies. The reasons are discussed below. Firstly, first mover
benefit refers to the venturing into a new market and getting all the advantages of being the first to
operate in that market in particular products or services. A firm may consider going global in an
effort to tap untapped market for its products or services. According to Biggs (2011), a business that
enters into a market as the first operator not only benefits from increased sales and profits, but also
the
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Mercantile Policies During The 17th And 18th Centuries
Outline the main mercantile policies pursued by European nations during the 17th and 18th
centuries. Apply economic principles to analyse the impact of such policies on the countries that
adopted them.
Mercantilism was at its peak in Europe during the 17th and 18th century, this essay will look at the
policies adopted by Britain, the Dutch republic and France and see how they affected their
economies and industries as well as that of the other nations.
Britain
The British empire used various mercantile policies to attempt to increase the country's wealth,
Britain mainly granted monopolies and privileges in order to restrict competition in sea trade.
Tariffs
Britain used tariffs on imports coming in from Dutch vessels, mainly against Dutch fish imports to
develop the English fishing industry (Findlay and O'Rourke, pg. 242, 2007). Britain used tariffs on
the Dutch vessels in order to allow the fishing industry to grow in Britain whilst also allowing
enough fish in to satisfy demand. As mercantilists saw the trade between nations as a zero–sum
game the British still saw this as a way it was reducing Dutch trade whilst also increasing their own.
However, tariffs can be looked at in the economic sense of reducing overall welfare due to the tariff
being introduced as it pushes the prices upwards. This tends to affect the economic welfare of
consumers more than producers. Therefore, it could be argued that for the consumers in Britain this
policy negatively affected them whilst
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Imperialism : Modern Global History
Tianze Shan
Ms. Bonne
Modern Global History
30 October 2016
Imperialism happened in the history In the history, strong countries always trying to conquer the
small and undeveloped countries in order to gain resources that they need and show their power,
that's called imperialism. This paper will talk about imperialism in Southeast Asia, India and South
America, how European power imperialize those areas and how imperialism effect those areas.
Southeast Asia is located at the corner of Asia, made up of islands and part of Asia continent land. In
the history, Southeast Asia were not strong enough to defense and has been colonized for a long
time. Because of the requirement of Asia products and abundant resources found in that area,
Countries in Europe began the imperialism in Southeast Asia. In the early 18th centuries, the Dutch
East India Company began to control Indonesia's islands that near India. The reason is abundant oil
and Tin mine was found in Indonesia. When Dutch moved to Indonesian, they established a social
statue system, which makes Dutch on the top. Dutch make Indonesia became a part of Dutch
territory and call it "the Dutch East Indies." Lots of Dutch population moved to Indonesian, and they
never go back. Here's the negative effects: Because of the immigrant from Netherlands, Indonesian
became the minority; part of the native traditions was disappeared; and the environment was
damaged because of the over exploration; Dutch forced farmers to export 20
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The Influence Of Food On Food
Food has acted as a huge influence on our world and has shaped both our politics and our economy
into what they have become today. The book "An Edible History of Humanity", described the
influence of food on ancient civilizations and how it continued to mold politics and economics as
time went on. Parts two and three specifically described the origins of food's influence on politics
and economics, and then continued on describing how humanity began using food to expand and
grow. Civilizations in both parts took advantage of trade to gain power, and also used trade to
further boost their economies, however they went to different lengths to achieve these things so the
outcomes were varied.
Both parts feature civilizations looking to gain power through use of food. Part two speaks of the
emergence of Big Men; a man who had won the control of the food transfers and trade within the
group of people he lived with. Big Men would keep the food moving; doing favors for people with
the expectation that it would be returned down the road. The average Big Man was only in it for the
respect, because while he constantly had food and goods in his possession, they were all traded off
almost as quickly as they came in so he didn't get to keep much for himself or his family at all. More
often than not, he was worse off than his customers. As time passed, Big men evolved into Elites,
who instead of trading off all of their surpluses, they ate part of their surpluses and used the rest to
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The British East India Company
Looking back in history, it is quite noticeable that trade and politics has always been associated with
one another. Simply saying, the more trade one country made with its trading partner, it is likely the
the more political influence one country has. So, to have more control over the profit a company
gain, it is easier if the company control the trading market. This is why during the 16th century, the
period when independency of a nation was fragile, chartered trading companies such as the East
India Company (EIC) eventually colonised its foreign markets. During this period, there were other
trading companies that held similar approach (colonising foreign trading market) such as the Dutch
East India Company (VOC) and Hudson's Bay ... Show more content on Helpwriting.net ...
High profit was reported due to the establishment of the factory. Furthermore, the 1615 negotiation
with the Mughal Emperor has secure EIC exclusive rigts to trade in India.
The company met with opposition from the Dutch in the Dutch East Indies (now Indonesia) and the
Portuguese. The Dutch virtually excluded company members from the East Indies after the Amboina
Massacre in 1623 (an incident in which English, Japanese, and Portuguese traders were executed by
Dutch authorities), but the company 's defeat of the Portuguese in India (1612) won them trading
concessions from the Mughal Empire. The company settled down to a trade in cotton and silk piece
goods, indigo, and saltpetre, with spices from South India. It extended its activities to the Persian
Gulf, Southeast Asia, and East Asia.( Editors of Encyclopædia Britannica, 2015,p.1 )
Having less competition in spice trade and more military resources, the British East India Company
seek to expand its control in the India territory. From then, the Company has built more factories in
different regions of India such as Madras in 1640, Bombay in 1661 and Calcultta in 1690. Despite
the many influences on the India economy, the fact that EIC being a British company meant that
there were liabilities of foreigness to face. One of the biggest liabilities was surrounding regulations
of the Indian Empire. The Company found difficulties to maximise revenue under the control of its
partner. The core
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The Role of the British East India Company Essay
British East India Company played a significant yet strange part in the Indian. It was, at its
inception, a commercial venture in the history of The British Empire, which was established in the
year 1600 in the subcontinent. The main reason for entering the subcontinent was trade, making
money and importing spices from South Asia. It was the Portuguese who used all their skills and
their navigational technology to enter this great area first, and start trade in the most profitable
manner they could. East India Company entered as an early and old–fashioned venture, and
conducted a separate business with their private stockholders. Their approach and their trade lasted
for many years until year 1657 (Farrington 5), when they made their base ... Show more content on
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Soon after, the British started their own voyages and the first attempt to start trade with China, under
the Captain Benjamin Wood, was undertaken in 1596. However, the ship did not reach its
destination; instead it was lost without any trace. Forty years later, in 1637, Captain Wendell reached
China successfully and tried to open trade negotiations with Chinese locals but he was resisted and
sent on his way. His ship was destroyed on his journey back home. Ten years after the Dutch East
India Company was expelled from China, English East India Company finally set up a post in
Taiwan, in 1672. By the 1700's this base was shifted to Canton and EIC granted the monopoly of
trade until 1833. Despite the many restrictions on trading by the government, the Chinese trade
flourished, and in the 18th century, the East India Company traded woollens from Britain and
cottons from India in exchange for Chinese tea, silk and porcelain. Out of these, tea became the
largest item to be traded by the British (Robins 18–33). However, as the demand for tea increased,
the items the British were exchanging for it, like the Indian cottons, were not enough to meet these
demands. They started looking for other items to trade instead, to increase their profits, and found
opium to be the best deal. The EIC were already growing opium in India, mainly for medicinal
purposes, and although opium was banned in
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FDI Strategy for the Dutch East India Company
FDI Strategy Description of the MNE: The Dutch East India Company It was established and
chattered in 1602 through the States–General of the Netherland's growing of a twenty–one year
monopoly to start and proceed with its activities in the Asian countries. Initially, this MNE was
supposed to have issued or was issuing stock. Moreover, The Dutch East India Company was the
first mega corporation that was responsible with processing of quasi–government powers together
with its capabilities to instill war, execute convicts, and imprison wrong doers. Moreover, it
participated in negotiating treaties establishment of colonies and coining of money. The company is
known to have been the first MNE globally. Moreover, the company was formerly known as Oost–
Indische Compagnie, VOC (Hufbauer & Grieco, 2005). Challenges and advantages of FDI for MNE
in India There are various challenges that the company faces. As the first multinational enterprise,
the company enjoyed a period of monopoly since it existence and served customers on its own.
During this time, the company was able to meet the demands of the local demand, and part of the
international demands like those from Portugal and Spain. FDI's have myriad advantages for the
company in India. FDIs engage in what is termed as foreign investment, which connects its goods
and services to the mother country. The Dutch East India Company is a US–based facility and
business. The growth and development of the company has been
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The New York Stock Exchange
Today the New York Stock Exchange is synonymous with investing. However, it hasn 't always been
that way. Our current system of exchange has grown and changed over time to become what it is
today. We 'll walk you through a history of the stock market to see what it took to get to where we
are today.
1100s– France
During this time France had a system where 'courretiers de change ' (or brokers) would manage the
agricultural debts throughout the country on behalf of the banks, and trade debts from one bank to
another.
1200 's– Merchants of Venice
The merchants and moneylenders of Venice were the first brokers of the time, they would meet with
other lenders, carrying slates with information on the various issues for sale. They These ... Show
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These investments would outfit the ship and crew, and upon a successful return, would pay back a
percentage to the investors. These types of limited liability companies would only last for voyage
though, and would be dissolved upon return, only for a new company to be created for the next one.
Investors would spread their risk around by investing in several different ships at the same time,
allowing them to play the odds against all of them ending poorly. If a ship had a 33% chance of
being seized by pirates, and the investor had placed money in 3 or 4 companies, instead of just one,
they would still make a profit.
When the East India companies were formed, they changed how business was done. These
companies had stocks that would pay dividends on all of the proceeds from all of the voyages that
the companies undertook, rather than going on a voyage by voyage basis. They were the first
modern joint stock companies, which allowed them to demand more for their shares, and in time,
build larger fleets. The size of the companies, along with their royal charters which forbid
competition, meant huge profits for those that could invest.
Would You Like Stocks With Your Coffee?
Shares of the various East India companies were issued on paper, which allowed investors to sell to
other investors. However, in order to be able to buy stocks, an
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Globalization Trade : A Positive Aspect
Leonela Gomez
History 105 [22]
Issue Paper #2
October 2, 2016
Globalization–Trade
Globalization has generally been viewed as a positive aspect. Although it's viewed as a positive
thing, it also has its negative aspects that people usually choose to over–see and ignore. The most
positive aspect of it was importing and exporting goods for other merchandise that may be needed
more than what you have or in which crowded places it was not self–sufficient. In Pomeranz and
Topik 2.7 Trade, Disorder, and Progress: Creating Shanghai, 1840–1930 really grasps the positive
areas of the impact globalization has had on trade. 3.4 The Brew of Business: Coffee's Life Story in
Pomeranz and Topik as well as 2.7 focuses more on the positive that it does on the negative. It isn't
until 5.6 The Violent Birth of Corporations in Pomeranz and Topik that negative aspects start being
brought up. Violence against native people is almost the only negative part about it due to the fact
that no one should be tortured, used, or harmed in this process since it is normally used for good.
Some of the good things that came from this is the fact that if you need something you don't have,
you know you can rely on trading something you do have for what you don't, the way coffee grew,
and the connections it built were all positive. Some of the disadvantages of trade were increased
jobs outsourcing, theft of intellectual property, crowd out domestic industries, poor working
conditions, degradation of natural
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Effects Of Dutch Colonization Of Indonesia
Dutch colonization is one of the main influences on modern Indonesia. According to "Dutch
Colonization" the Dutch controlled Indonesia for nearly 300 years which sprouted many
nationalistic ideas (Dutch Par 2). Indonesia later became independent in 1945 with other countries
such as the United States of America recognizing it as an independent nation. Dutch occupation
directly affected the modern Indonesian political scene, the global spice trade and local Indonesian
religion.
Dutch colonialism has greatly influenced the Indonesian governmental system. Dutch occupation
began in the 1600s where the Dutch established Indonesia as a Dutch colony forcefully using
superior weapons and firepower. Dutch colonialism was extremely harsh with various ... Show more
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Dutch colonization took hold of one of the largest producers of spice in the world Indonesia and its
entire supply of spice. The Dutch controlled the global spice market by controlling the amount of
spice produced to increasing demand in Europe causing the price of spice to increase to make the
maximum amount of profit effectively monopolizing it through force "numerous trade routes were
developed with neighbouring countries" (Wright Par 4)
. Eventually, as the Dutch lost control of Indonesia, the amount of spice was not regulated causing
the price of spice to decrease as it would be more accessible and be sold in larger quantities. The
Dutch had amazing business skills and took advantage of what they could in Indonesia and
monopolized the spice trade. This caused them to gain great amounts of profit with no real
competition. This, however, was lost as they lost control over Indonesia causing the supply of spice
to increase and spices native to Indonesia to be grown elsewhere. The global market for spice then
drastically changed with spice becoming more accessible removing the barrier of exclusivity
causing spice to be less valuable. In addition to affecting the Entire world, Dutch colonialism also
affected the Indonesian people
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The World 's First Publicly Traded Company Best Known As...
From multiple points of view, the history of spices industry is in the history of humans and global
commerce. The use of spices in food, cosmetics, and embalming can be traced back to ancient
Egyptians around 3000 B.C. In the course of time, Spices' demand increased and trade were spread
out from Africa and Asia to the Middle East, Mediterranean and Europe. The influence of spice
trade was able to determine the rise and fall of nations based on each country's trading position. In
March 1602, the World's first publicly traded company best known as United East India Company
was created as a result of essence and expansion of the spice trade. After that, the spice business
continued to grow in the 20th century and by 2001 there were over 150 spice manufactures in the
United States.
II Company Overview and Analysis Pacific Grove Spice started as a small specialty grocer on the
Monterey Peninsula of California in 1980s. Pacific's mission statement emphasized its commitment
to highest quality and freshest spice. The market share of Pacific Grove is relatively small as it
targets high–end stores and customers.
1. SWOT Analysis Pacific Grove Spice Company's most significant strength is its wide range of
international food spices, this has resulted form one of the founders Judith Findra's particular
interest in Asian and Indian Cuisine. Pacific became "the" place to find spice in Central California
within 10 years of the company's establishment. Pacific's
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The Concept of "Advanced Civilization" Led to the European...
During the European conquests of the 16th and 17th centuries, the concept of an advanced
civilization was essential most of the time. This can be supported by the strategic Spanish conquests,
Portuguese exploration, and the Dutch trading empire.
To begin with, North and South America, which had existed in isolation for thousands of years,
came into contact with the rest of the world via the Italian explorer, Christopher Columbus. In 1492,
he was sent by Spain to look for a route to India. Rather, Columbus came into contact with a
Caribbean island. This marked the beginning of Spanish invasion of the Americas, who were in
search of gold. Perhaps the most profound Spanish conquistadors were Hernan Cortez and Francisco
Pizzaro, who ... Show more content on Helpwriting.net ...
The Incas had no knowledge of the wheel, arch construction, or writing, but they managed a society
in the Andes. Pizzaro arrived with 180 men and 30 horses, and decided to meet with the ruler,
Athualpa, under an agreement of having unarmed body guards. As the gold covered ruler agreed, he
was immediately stripped of his gold headband and one blast of his cannon and small army
slaughtered the Inca warriors 50,000. Atuhualpa tried to free himself by offering a 17ft by 22ft by
9ft room of gold. The Spanish took the offer, but still murdered Atuahulpa to show that they could
not be trusted so that others would abide by their rule. The contact between the Americas and the
Old World began biological exchange of animals and foods which greatly benefited trade.
Additionally, Vasco de Gama was a Portuguese explorer who discovered an ocean route to India, in
1498, by going under the tip of Africa, or Cape of Good Hope. This way avoided conflicts with the
Ottoman Turks and led one directly into the fast moving currents of the Indian Ocean. This plan was
carefully devised by skilled Portuguese mapmakers and navigators. Since this way was known,
many rulers such as the Sultan of Manindi, offered the Portugese captain a pilot to guide his ships to
trade for spices, gems, and fine (cotton, paper, porcelain, silk, glass, carpets) textiles. The Asian
trading network, however were not interested in Portuguese goods such as iron
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AP World History: Impact Of The Dutch East India Company
Andrew Lewis
March 1st, 2015
AP World History
Mr. Sagistano, Period 9
Impact of the Dutch East India Company
During the 17th and 18th centuries, The Dutch East India company left a lasting impact on the
world, which greatly changed the course of history and even affected the world we live in today. The
Dutch East India Company (VOC; Vereenigde Oost Indische Compagnie), was a global trading
company established by the Netherlands in 1602 (Anderson, James 204). The VOC greatly changed
the regions they ventured to because it impacted their economies, political background, and culture.
One significant impact the VOC had was that they allowed people to buy shares in their company,
also known as stocks. Their introduction of stocks to the world ... Show more content on
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Daily Life through Trade: Buying and Selling in World History. Santa Barbara, CA: Greenwood,
2013. Print.
"Dutch East India Company (DEIC)/VOC | South African History Online." Dutch East India
Company (DEIC)/VOC | South African History Online. Web. 08 Mar. 2015.
<http://www.sahistory.org.za/topic/dutch–east–india–company–deicvoc>.
"Growth and Impact of the Dutch East India Company." Encyclopedia Britannica Online.
Encyclopedia Britannica. Web. 15 Mar. 2015.
<http://www.britannica.com/EBchecked/topic/286480/Indonesia/22811/Growth–and–impact–of–
the–Dutch–East–India–Company>.
Taylor, Larissa. The 17th Centuryy: 1601–1700. Pasadena, CA: Salem, 2006. Print.
"The Trading World of Asia and the English East India Company, 1660–1760." EHnet. Web. 08 Mar.
2015.
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The Impact Of Dutch Imperialism In Indonesia
The Dutch trade of commodities influenced Indonesia's economy in the way that they introduced
land tax, made trade routes, and printed money. The Dutch first implemented land tax by telling
farmers to give them one fifth of what they harvested ("Colonial Period of Indonesia.") This system
was called the cultivation system. After the farmers gave one fifth of their harvest they got a fixed
amount of money that has no relation to the value of the crops. "The Dutch and Javanese officials
received bonus when their residency delivered more crops..." ("Colonial Period of Indonesia.) This
made encouraged them to increase production so that they could get more money. This led to
corruption ("1820–1950 Indonesia and Decolonization – Timeline Dutch History".) ... Show more
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The Dutch provided clean water, modern medicine, and education ("Dutch Imperialism in
Indonesia"). This education, however, was only for males, and females couldn't access education.
The cultivation system that was previously mentioned in the previous paragraph meant that if the
villagers increased production, then they would get more money. This led to the Javanese villagers
trying to increase production by reproducing so that there would be more people in the family
(Muhlberger). This led to overpopulation in Java. Before the Dutch didn't use the cultivation system,
but instead they forced the villagers to farm for them or else they would punish them. The Dutch
may have influenced Indonesia positively, but from what the author thinks he thinks that the Dutch
influenced Indonesia negatively. The Dutch bringing their technologies for water, medicine and
education was positive socially, but the cultivation system, and forcing the villagers to work for
them was not a good thing socially. Overpopulation made it harder for people to share resources
equally since there is over 1000 people every square kilometer (Java). There is a considerable social
distance between the rich and the poor in Java. This is evident in Jakarta, as there could be a high–
class housing, then a few kilometers away there are slums.
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Effects Of Dutch Colonization On Indonesia
The age of exploration brought the Netherlands to colonize Indonesia for many decades. When the
Dutch first arrived in Indonesia, they made slow advances to different parts of Indonesia. At the
time, Indonesia was well known as the spice islands that many countries wanted to colonize.
Because Dutch colonization in Indonesia lasted a long time, it impacted Indonesia greatly and left
many short and long term effects. Although the Dutch impacted Indonesia greatly in many different
ways, they left an exceptional amount of marks in Indonesia's economy, politics, and religion at the
time of their colonization. The VOC took advantage of Indonesia's rich land which was suitable for
the growth of many different commodities that would benefit their ... Show more content on
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The Dutch created new systems, rules, and held power and control over the people of Indonesia.
They formed single organizations and traded across large areas before eventually becoming the main
political figure in the archipelago and replaced existing Indonesian politics. Rules and systems that
had been previously used by Indonesia were diminished and quickly taken over and changed by the
Dutch. The cultivation (culture) system was a system that impacted the Dutch and Indonesia
politically and economically for a long period of time. The Dutch would have each village submit a
set amount of resources as rent that benefitted them but was torture for Indonesians (encyclopedia
Britannica). Though the VOC had made positive political advances in Indonesia, their systems and
politics weren't effective and was often inhumane for the Indonesians. Their culture system was
eventually rioted against and diminished. "The rejection of the cultivation system was both for
humane and for economic motives."; the culture system was changed in 1870 and created a new
period, led by the Dutch crown instead of the VOC (Indonesia Investments). Political choices made
by the VOC weren't the best and while it did reap good results, they often fell into failure. This goes
to show how inefficient the VOC could be for long term results, but efficient for short term results.
Politics weren't the only thing the Dutch brought that was spread and practiced all throughout
Indonesia. Religion was also something that they brought over, spread, and
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The Amboyna Massacre And The Dutch East India Company
The Amboyna Massacre occurred in 1623 on the island of Ambon in present day Indonesia where
twenty men were executed on the accusation of treason by the hands of the Dutch East India
Company. Ten of these men were members of English East India Company who were trading at a
post belonging to the Dutch East India Company. The Amboyna Massacre would result in an
intensifying feud between the English and the Dutch, and would be a symbol for growing European
power throughout the world. The Indies and more specifically Ambon Island would be the stage for
this massacre by the Dutch East India Company. What is more important than this is exactly what
the Indies had to offer for both companies at the time. In short, the answers are trade ... Show more
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The Dutch may have very well looked for spices in Portuguese land as a form of retribution for
embargoing the Dutch. The Dutch may have also looked in Portuguese land because they thought it
was not as well as defended or it had easier shipping routes. All three of these reasons were the
potential thought process going through minds of the Dutch rulers at the time. Nearly seven years
after the Spanish had embargoed trade between the Dutch and the Portuguese, Steven van der Hagen
conquered the fortress Victoria at Amboyna. This fortress had previously been a trade center for the
Portuguese spice trade, but after it was captured by Steven van der Hagen in 1605, the spice trade
once again resumed. Once the Dutch had captured fort Victoria, they began to attempt to set up a
local monopsony. To set up a monopsony, all trade competitors had to be removed and there could
only be one buyer for all of the spice sellers. It was quite evident when the Dutch East India
Company captured the fort that setting up a monopsony would be quite difficult especially when
considering other major competitors such as the East India Company. The only way this would be
possible was by force which is where the rift and future rivalry began between the two companies.
At this same very time the East India Company had just been formed in 1600 after multiple
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Ap Euro Dutch Republic Dbq
Dutch Republic DBQ
In the 17th century, the Dutch Republic experienced a Golden Age and was able to maintain
security, unity, and prosperity in its society and economy. The nation was considered a leading
power, especially in trade and ideas, within Europe. However, it was not long before circumstances
changed and the state face many problems establishing peace and agreement. By the end of the 17th
and the beginning of the 18th centuries, there had been a significant change in the Dutch Republic's
power, for multiple factors and reasons. From 1650 to 1713, not only external factors such as
European intervention and British trading competition, but also internal division damaged the Dutch
Republic and challenged its authority as a ... Show more content on Helpwriting.net ...
Furthermore, more British trade allowed for the Bank of England to be strengthened and provide
more reliable loans that the Dutch can. This causes London to replace Amsterdam as the new
financial center, further allowing better trade for the British. The destruction of Dutch commerce
managed to alter its economy and prosperity, but internal issues also played a
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East India Company Case Study
East India Company was originally named "The Governor and Company of Merchants of London
trading into East Indies". It was incorporated in Britain on the 31st December 1600, by a charter of
Queen Elizabeth which settled its constitution, powers and privileges. It obtained a royal charter
from Queen Elizabeth I, granting it monopoly at the trade with the East. A joint stock company,
shares primarily owned by British Merchants and aristocrats, the East India Company had no direct
link to the British government. The Queen though had sovereign power over this polity. If the state
of Britain was considered a polity, then East India Company, a corporation in modern sense of the
term was a citizen of that polity. But if East India Company was considered a corporate polity, then
the different shareholder groups were conceived as citizens of this polity called East India Company.
The Charter even stated that the Company shall be a body corporate and politick. Furthermore, this
corporation would be an extension of the sovereign which was the state of Britain and the British
monarch herself. The authority of Queen Elizabeth is established in the beginning of the Charter
itself as it opens with the following sentence, "Elizabeth, by the grace of God, Queen of England,
France and Ireland, Defender of the faith & c." Thomas Smith, Alderman of London was appointed
as the first Governor of the said Company. It is the title of Alderman that suggests, he was a chief
noble of
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History Of The Nutmeg Trade
History of the Nutmeg Trade:
Nutmeg was traded as early as 200 BC, when the Romans would travel from Egypt across the Indian
Ocean, to trade goods with the natives of Banda in exchange for spices. Spice use declined around
the 5th century with the fall of the Roman Empire, and was later reintroduced by the Arabs. (Conley,
J. 2002.) In the 6th century the Arabs were the only traders of spice, and acted as middlemen for
India, Indonesia, Africa, and the Orient, supplying spices to Europe through Venice at high prices. ( )
Nutmeg was highly valued in medieval European cuisine as a flavoring, food preservative, and for
perceived medicinal properties. St Theodore the Studite was known for allowing his monks to
sprinkle nutmeg on their pease ... Show more content on Helpwriting.net ...
While the Portuguese remained participants in the Spice Trade, they had no actual footholds in the
Bandas after 1515 (Milton, 1999).
Dutch East Indies Company vs British East India Company: 17th Century
In the 17th Century the Netherlands took control of the Banda Islands, successfully gaining
monopoly of the spice trade. The Dutch were engaged in competition with the English and
Portuguese for control of the Spice Islands, and decided to forcefully establish their control through
their Dutch East Indies trading company. At this point the Portuguese presence was decreasing in the
Bandas, and the British and British East India trading company were the Dutch's primary
competitors in the East Indies (Milton, 1999).
While interactions between the Dutch and the Bandanese (peoples indigenous to the Banadas) were
initially mutually beneficial, they turned bloody over time.
Dutch traders offered unwanted manufactured goods that were not desirable to the Bandanese
people, (fabrics that were not climate suitable), and attempted to impose restrictions on trade
between the Bandanese and the British. The Dutch successfully persuade the leading Bandanese
citizens to sign a treaty known as the "Eternal Compact" treaty, granting the Dutch a monopoly on
spice purchases. This unfair trade agreement further soured relations between them. In 1609 the
Bandenese ambushed and killed
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The Remarkable British Empire
Over a number of centuries, The British Empire colonized or invaded all but 22 countries in the
world. This is an astonishing feat that would make ancient empire leaders such as Remesses II or
Genghis Khan bow down to the power of the British. Since the Middle Ages, The Royal Class in
England desired a wide variety of exotic spices. The merchants were under so much pressure to try
to satisfy the high demand, that they resorted to committing criminal acts such as piracy in order to
fulfill the demand of the royal class.
In order to truly understand the roots and culture of the British Empire one must imagine themselves
in 400 BC and as a member of one of the countless Celtic tribes that existed in Britain. The land
beneath your feet is some of the most diverse soil in all of Europe and the landscape is full of trees
and grassy plains. In the book "British Food" by Colin Spencer, Great Britain's very fertile and rich
soil allowed the possibility for grass to grow year round allowing livestock to graze green pastures,
even in the winter time. Great Britain's soil allowed grains such as barley, rye, and wheat to grow in
abundance. The Celts would use these grains to produce bread which became the staple of many
Celtic and then, Anglo–Saxon diets (14).
The Celtic people were very fond of seasoning their foods with local ingredients such as onions,
garlic, shallots and parsley which grew plentifully in their fertile soil. The idea of seasoning meals
with local ingredients
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Liner Shipping: Strategy, Strategy And Strategy
What is strategy?
Strategy is the direction and scope of an organisation over the long–term which achieves advantage
for the organisation through its configuration of resources within a challenging environment, to meet
the needs of markets. A strategy is a plan of action designed to achieve a specific goal or series of
goals within an organizational framework.
Shipping
A shipping service is a business of transporting commodities, merchandise goods and cargo aboard
or transportation of goods through sea.
Liner Shipping
Liner vessels operate on fixed routes, to fixed schedules and usually with a standard tariff. Liner
trades are dominated by container ships, roll–on/roll–off carriers and general cargo ships. These are
the ships with predefined routes and schedules and these services are used by those customers who
have small volumes of cargo that does not require charter service. General Liner ships are used by
the companies that transport goods like electronic goods, gadgets, toys etc. ... Show more content on
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Generally these services are used when the customer has large cargo volumes, if necessary vessel
can be transmitted such as food grains, chemicals, petroleum etc. Generally these ships have
capacities of ranging from 5,000 to 500,000 m tonnes.
A brief history of maritime transport
The history of the maritime industry stretches back thousands of years to the time of the first
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Multinational Companies
ESSAY PLAN 1. Definition of multinational company which says that a company which serves
more than one country at a time and small description about its background. 2. Main body
contains:– * Description about how multinational corporations give employment and remove
poverty. * Role of these companies in enhancing local economies. * Its impact on globalization. 3.
Conclusion– about how multinational corporations are beneficial to the world.
INTRODUCTION
Multinational companies have brought revolution in the world. Their role is very significant in our
lives. The multinational corporation is defined as an association or organization which provides its
services to not only to one country but to many countries of the ... Show more content on
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There is increase in exports and decrease in imports which helped in improving the balance of
payment. They have equalized cost of factors of production all over the world. They have provided
an effective way of incorporating economics. They purchase the raw materials from different parts
of the world which is cheapest in cost. This leads to higher productivity as the access to raw material
is easier which eventually leads to higher profit. They provide the best technology and management
to the world by competing in global markets. By giving training to its employees, they can transfer
their knowledge to them which lead to great work and hence higher productivity. By exporting in
large quantities they get large income which helps in increasing the national income of the country.
These companies helped in developing relations worldwide. This way they enhanced bonding
among people. With the advancement of technology multinational companies produced such kind of
products which made our life easier. They provide different range of products for its customers.
Multinational company is also called as transnational company or international company as they do
transactions or we can say that they deal with numerous companies all over the world. These
companies gave boost to the career people of the world. This way they have provided many benefits
to the whole world. These companies have manufactured many products with latest technology for
the people. These
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The Impact Of Dutch Colonization On Indonesia
The indigenous groups of Indonesia went to brutal extents in attempts to successfully fight for rights
and recognition from results of Dutch colonisation. The Dutch colonised Indonesia in 1677,
completely taking over the government. Significant figures involved; the different islands of
Indonesia, the Dutch East India Company, and the battles Indonesia went to in order to gain back
their independence. Long term impacts of the Dutch colonisation upon Indonesia improved and
modernised the lives of Indonesian people but as a result of traumatic and gruesome mistreatment of
the indigenous culture.
Life pre–colonization:
Before Western European influences had power over Southeast Asia, what is known as Indonesia
used to be an archipelago which consisted of islands and estates ruled by different kingdoms and
empires. Occasionally living in peaceful coexistence yet at times being at state of war with each
other due to the lack of the sense of social and political unity that Indonesia has in todays society.
Integrated trade networks, began developing starting from the early evidence of Asian history. Being
connected to trade networks was an important asset for an empire to acquire wealth and
commodities, necessary to become a powerful force. The more global these trade networks in the
archipelago became, the more foreign influences managed to enter, this development eventually lead
to the colonial state. A significant matter related to the history of Indonesia is that it generally
centres on the western part of the archipelago (in particular, the islands of Sumatra and Java). As
most of the eastern part of the archipelago has been on the fringes of economic activity throughout
history (located further away from main trade routes), it consequently has been on the fringes of
politics as well; a situation that continues up to the present day.
Impact of colonisation
The Dutch were determined on establishing control over the spice trade network in Southeast Asia.
Their first expedition reached Banten in 1596 but was accompanied by hostilities between the Dutch
and the indigenous Indonesian population. After arriving back in the Netherlands, the expedition
still showed a good profit to the Southeast Asian region.
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Economic Factors In The 17th Century And The Dutch East...
In the 16 and 17th century, and the Dutch East India Company (VOC) was very profitable and a
large employer. They were also the world's largest commercial entity in the 17th and 18th century,
which employed approximately 30,000 people. They carried goods and slaves across the Atlantic
Ocean. One of the major historical significances of VOC is that they were the first country to build
an entire empire of trading in numerous countries. Their willingness to find the sailing routes, turned
out to be a great success, which opened a tremendous amount of opportunity for them to trade, and
VOC strategically took complete advantage of the opportunities. As with everything in history, the
results of the Dutch East India Company are both good and bad. Investors formed the first
corporation with the joint venture stock company in 1602. They combined assets to gain power, and
they had a monopoly to trade with the Indies Asia and the Indian Ocean. Their motive was profit;
they fixed prices. The Dutch East India Company's had an immoral side as they could get countries
to trade goods against their will with either by persuasion or violence. The VOC was lawless and
protected and built up its monopoly. Dutch financial power is still powerful today. The economic
philosophy of "mercantilism" grew and presumed the world's wealth was fixed, it didn't matter that
one county could suffer economically at the expense of another (Pollard, pg.xxxxx).
The American colonies had the purpose of
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Dutch Imperialism: The Dutch East India Company
Focusing specifically on the Dutch, this nation was able to expand and conquer heavily in South and
South East Asia. As discussed in class, the European powers of this time held a gendered notion
these Asian lands as if they were an untouched woman with endless resources and uses that were
destined to be used by the white man for profit and glory. The Dutch starting in the 1500s were no
different in their motives. By setting up the Dutch East India Company, and creating a trade
monopoly on eastern goods, the Dutch were able to quickly gain power in South East Asia and
specifically Indonesia on past the 1600s. These colonial efforts however began not as pushes for
political power but simply for monetary gain. Mercantilism rather than imperialism is what would
describe the set up between the Dutch and the Indonesians. After the Dutch arrived in Indonesia in
the year 1596, the heaviest colonial actions in these lands by the Dutch between 1600 and 1800 were
carried out by the Dutch East India Company. The Dutch gradually gained more control of ... Show
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The Dutch were interested in gaining high capital profits from the labor and resources they extracted
from Indonesia. All taxes were placed on the poor; therefore they faced impoverished conditions and
famine. The Dutch brought goods, such as coffee, to the island of Java, which became one of the
largest exporters of the product. Sugar, coffee, and other goods, accounted for seventy percent of
Indonesian exports, and almost all the profits were taken by the Dutch. All the fertile land in
Indonesia became used as Dutch plantations. Peasants did not have enough land for subsistence
farming and suffered through famines. Daily life differed for different social classes in Indonesia.
Higher classes faced less hardships under the Dutch rule, but the lower classes encountered harsh
treatment, great exploitation, heavy taxes, and unjust living
... Get more on HelpWriting.net ...
The Mutual Impact Between Amsterdam And The Voc
The Mutual Impact Between Amsterdam and the VOC The Verenigde Oostindische Compagnie, or
The Dutch East India Company, was the first multinational corporation in history (Shorto 103). In
the interest of conserving space, the Verenigde Oostindische Compagnie will be shortened to the
VOC in this paper. Founded in 1602, the VOC was primarily a trading company, but also had the
power to declare wars, create colonies, and negotiate treaties (Briney). The VOC's massive reach
across the globe and its ability to transport large quantities of goods caused entire populations to rely
on foreign trade to survive (Shorto 104). Even Japan, who had a general policy of refusing foreign
trade, allowed the VOC to trade with them for two centuries ... Show more content on
Helpwriting.net ...
Early Amsterdammers were at war with water because the settlers needed to drain the marshy terrain
to obtain land suitable for building and farming. The owner of any given parcel of land was
responsible for seeing that the dykes that held back the water were maintained and keeping their
land dry. If one neglected their duties, water would sweep in and cause destruction to not only the
negligent party's land, but everyone's (Mak 11). Flooding caused destruction of property and crops
and essentially lowered chances of survival. Because it was vital to cooperate with others, despite
potential differences and disagreements, the Dutch developed a pragmatic and collaborative outlook.
Draining water to create land also affected the area's geography. To remove the water, it had to be
directed into canals that ran directly into the ocean or natural rivers (Mak 11). These canals proved
to be an advantage, as traders could easily anchor and load boats directly where their homes or
stores were. Although this made loading goods easier, traders first had to take convoluted routes
through twisting rivers to sell their wares because their boats were unfit for the open–sea. Then, with
the invention of a ship called a cog, trading routes could now stretch across seas. The cogs
themselves could also carry five to ten times more cargo than earlier boats. Because Dutch traders
could go to farther ports to trade, their cities, namely Amsterdam, became
... Get more on HelpWriting.net ...

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Negative Aspects Of Globalization In Developing Countries

  • 1. Negative Aspects Of Globalization In Developing Countries Globalisation is a worldwide movement which integrates economic, financial, trade and commerce from different countries. It has influenced communication between countries and brought them together. It made countries more interdependent and interconnected with free transfer of goods and services across national frontiers. Globalisation can have lots of benefits on western societies such as implies the opening of the local to a broader outlook (Angelasancartier.net.2017). Globalisation also involves culture spread, and the process of globalisation happens through the media, consumer goods and western consumer lifestyle (ThoughtCo.2017). These lead to a fashion sold for western societies by giant retailers who can update inventory and make transnational trade deals (Angelasancartier.net.2017). The opening market and culture diffusion also make people who consuming is actually more focus on the corporate brand or logo such as Nike, Victoria's Secret and Adidas than the clothing itself. Globalisation has been one of the most hotly debated topics in international economics (Forbes.com, 2017). Rapid growth and poverty reduction has been a positive aspect of globalisation on developing countries like China and Africa. Increasing globalisation has helped the expansion of opportunities for nations and benefits workers inrich. Globalisation is a process of opening up economics so that trade between countries could take place freely (Digit Pro.2017). The negative aspect of globalisation ... Get more on HelpWriting.net ...
  • 2.
  • 3. Dutch Slave Trade Essay Dutch Slave Trade During the 17th and 18th centuries, mercantilism was the emerging economic policy through which the slave trade developed in Europe. In the Netherlands many historical events gave rise to a desire for domination of international trade. They were serious tradesman and were heavily involved in the profitable business of slavery. The Dutch, intelligent and self–ruling tradesmen took no time in displaying their dominance over rival countries, Portugal, England and Spain, in the Atlantic and Indian Ocean. They established their international superiority in trade and impacted today's society. From 1609 to 1713, the Dutch Republic was going through "The Golden ... Show more content on Helpwriting.net ... However, this in turn led to the entrance into international trade. This will begin a long struggle for trading power with the Portuguese, Spanish, English, and French. The Dutch didn't take long to make their presence felt. The quote from the book The Slaves describes their attitude coming into the trade, "The Dutch, fiercely independent, and aggressive traders...did not take long to establish themselves internationally." The Dutch were determined to control the trading power in West Africa. By mid 16th century, the Dutch had set up posts along the West African coast, and forts in present day Indonesia. The Dutch also controlled most of the Eastern Sea and had set up forts along the Caribbean and the coast of Dutch Guiana. The Dutch were very bright when it came to technological advances. One example of their knowledge was the invention of the canal and irrigation tactics. The Dutch intelligence in trade soon overcame the Portuguese in Africa. First off, the Dutch armed their boats and also trained the sailors. This system will prevent rivals and enemies to sink their ships or purge their cargo from the ship. The Dutch also raided particular forts, which gave them good geographic points on the map, and limited the power of their rivals. These forts were ports for trading routes, where ships may need supplies, and were also loading areas for ... Get more on HelpWriting.net ...
  • 4.
  • 5. Dutch During The World Of Indonesia Dutch Trading in Indonesia The nation of Indonesia has barely had independence for less than a hundred years. Before the Japanese captured the country; Indonesia was in the control of the Dutch for 350 years. Indonesia did not receive its independence till December 1949. Why did the Dutch decide to settle land in what was commonly known as the Dutch East Indies and how were the lives of the natives affected? Going back further in history on why the Dutch decided to colonize what is now modern Indonesia was because they were violently attacked by their neighbor, Germany, for five years. After having dealt with Germany, the Dutch finally received some reinforcements. With the help of reinforcements, the Dutch were liberated. After they ... Show more content on Helpwriting.net ... This monopoly became the main competitor in the spice trade world. The government 's intention was to bring military pressures on the Portuguese and Spanish (they settled Indonesia first). The Vereenigde Oost–Inndische Compagnie ships were replaced with armed fleets that intended to attack Portuguese bases. In 1605, VOC ships defeated the Portuguese and were able to gain some of the Spice Islands. The Dutch trading company was granted shipping lands of both Melaka and Sunda straights through the ruler of Jakarta in West Java. VOC didn 't realize that the ruler of modern–day Jakarta also promised trading rights to the English; the Dutch didn 't like the idea of sharing. By 1619, the VOC 's relationships with the English and Jayakartans deteriorated and the company renamed their headquarters Batavia. Jan Pieterszoon Coen, founder of the Batavia headquarters, nearly caused the genocide of the indigenous population of the Banda Islands in Maluku. He developed plans to make Batavia the center of the Asian trade from Japan to Persia. Coen wanted to develop the spice plantations using Burmese, Madagascan, and Chinese laborers. His plans did not succeed, he obtained a VOC monopoly on the spice trade. VOC gained more control in Indonesia, now the company had control over the production of cloves. The combination of the Bandas from 1609–1621 gave the company ... Get more on HelpWriting.net ...
  • 6.
  • 7. The Impact Of Dutch Colonization On Indonesia Introduction: The indigenous groups of Indonesia went to brutal extents in attempts to successfully fight for rights and recognition from results of Dutch colonisation. The Dutch colonised Indonesia in 1677, completely taking over the government. Significant figures involved; the different islands of Indonesia, the Dutch East India Company, and the battles Indonesia went to in order to gain back their independence. Long term impacts of the Dutch colonisation upon Indonesia improved and modernised the lives of Indonesian people but as a result of traumatic and gruesome mistreatment of the indigenous culture. Pre–colonization: Before Western European influences had power over Southeast Asia, what is known as Indonesia used to be an archipelago which consisted of individual islands and plantations ruled by different empires. Occasionally living in peaceful coexistence yet at times being at war with each other due to the lack of social and political unity that Indonesia has in todays society. Integrated trade networks, began developing starting from the early evidence of Asian history. Being connected to trade networks was an advantage for empires to gain wealth and resources, necessary to become a powerful influence. the more foreign influences managed to enter, this development as these trade networks in the archipelago became more global, eventually lead to the colonial state. A significant matter to the history of Indonesia, it generally centres on the western part of the ... Get more on HelpWriting.net ...
  • 8.
  • 9. Vermeer's Hat Review Essay Vermeer's Hat: the Seventeenth Century and the Dawn of the Global World Review Essay Brook, Timothy. Vermeer's Hat: The seventeenth Century and the Dawn of the Global World (New York: Bloomsbury Press, 2008). 272pp. $17. Reviewed by: Holly Spacht December 16, 2013 In Vermeer's Hat: The seventeenth Century and the Dawn of the Global World, Timothy Brook uses Vermeer's paintings to show the effects of trade on the world and the overall globalization occurring. Brook argues that this globalization had begun in the seventeenth century. He takes a look at Vermeer's paintings, and uses them as windows into seventeenth century history to discuss further topics of interest. Through every painting, it leads to a door that ... Show more content on Helpwriting.net ... He states that tobacco started in Europe due to Portuguese sailors, and from there it spread and soon became was in high demand. Chinese people thought that tobacco had medicinal purposes, while Native Americans thought that tobacco connected you to a supernatural world. If we skip back a little, in the first chapter of Vermeer's Hat: The seventeenth Century and the Dawn of the Global World, Brook discusses Vermeer's first painting, View of Delft. This painting is one of the only outdoor scenes Vermeer had painted that is still in existence. The first window Brook opens for his readers in this painting is a view of the city of Delft. This painting shows the river harbor in Delft. Brook first uses the herring buses in this painting to open a window into the seventeenth century. Herring buses Timothy Brook states herring buses in Vermeer's Hat, are, "three–masted vessels built to fish for herring in the North Sea" (12). The herring buses give Timothy Brook a window to talk about the climate change and sickness in the sixteenth and seventeenth centuries. In these two centuries, the temperatures were falling all over the world, creating increased sickness and shorter crop seasons. In Vermeer's Hat, Brook says that the two herring boats in the painting are evidence of climate change. Brook also uses Vermeer to talk about the exchanges in the seventeenth century. He states that one of the benefits of the climate changing was the southward ... Get more on HelpWriting.net ...
  • 10.
  • 11. Disadvantages Of Culgural Shock Recently,globalisation,with its numerous impacts on world productio,consumption, trade,employmet,communication and technology, has chanbed the world environment for business,resulting in enhaced competition,emerging opportunities as well as threats and risks.Managing business organisations effectively has been more important,complicated and challenging. Business nowadays has go adapt multivariate technologies or strategies in–order to compete and survive successfully. Therefofe it is important for managers to examine critically the opportunities and risks,poised to businesses in order tohelp them in appropriate decision making process Most studies and literatures suggest that the overall benefigs as aresult of globalisation,outweighs its cost. ... Show more content on Helpwriting.net ... THE DIFFERENCE INMANAGERIAL STYLE IN JAPAN AND UNITED STATES. United states and Japan are two main giant economic powers inthe pacific region. Each country has developed their own management leadership practice,that is suitable for theircultures. Gupta, Hanges and Dorfman (2002) found that united states is clustered in in the same group as Australia, New zealand and england in the anglo culture, while Japan in the same group as Korea,China and Taiwan in the confucian Asia. The argument is that the nations in the same cluster, have more closely related culture than the other clusters. Despite the cultural differences, there is one sibnificant aspect, where united states and Japan are similar,both xountries embrace the capitalism idealogy. However Ralson Holt,Terpstra and Chang (2008), suggest that the Japanese interpretation of capitalist idea is not identical to their U.S counterpart.That is one resoan why Japan can still preserve their culture, regardless the westernasation enforced by ... Get more on HelpWriting.net ...
  • 12.
  • 13. The English East India Company The Portuguese Working Under the English East India Company at Fort St. George Madras in the Seventeenth Century The success for the English East India Company making inroads in the Coromandel was due to the Anglo–Portuguese Truce (1630), which made possible for the foundation of an English settlement in 1640 at Madraspatnam. With the establishment of Fort St. George in 1640, slowly the migrants begin to settle down with the promise of no tax for thirty years, 'the term of thirty years only no custom of things to be taken, drank, or worn should be taken of any of the town dwellers.' Among them the most important community who came to settle were the Portuguese and their offspring known as mesticos. They knew the Tamil language and all usual ways of expediting business in the region; they were ideal foremen, as soldiers, as translators, as brokers, in fact as intermediaries for all the range of activities which are useful in establishing and operating a fortified trading post in the midst of a strange landscape. The Portuguese that colonized Coromandel as early as in 1518 were not part of the administrative system of Goa, though by the 1620s the resident fear of the Dutch and English made them closer ties with the viceroyalty in the hope that it will be able to protect them. But the Estado da India watched helplessly when the Dutch started capturing their own ships, which greatly affected their prosperity. Even before the final annexation of Portuguese overseas empire, ... Get more on HelpWriting.net ...
  • 14.
  • 15. Lenovo Case Study Lenovo Group Ltd. (Lenovo) is a Chinese multinational technology corporation that founded in Beijing in 1984. Specifically, Lenovo is one of the top enterprises that produces and sells consumer electronics and computer hardware, with a focus on producing personal computer (PC). Currently, the headquarter of Lenovo is in Beijing, China, with a second headquarter that located in Morrisville, North Carolina, United States. As a multinational enterprise, Lenovo currently have operations in more than sixty countries and has its products sold almost all over the world.1 Becoming a multinational enterprise especially making it to the top of the industry is not an easy thing for any company due to numerous predictable and unforeseen challenges. However, Lenovo has successfully expanded its business and reached to the top. Therefore, the present paper aims to analyze Lenovo's operational/managerial strategies and provide a better sense of what has Lenovo done for reaching to the current position in the global market. Thirty–three years ago, the founder of Lenovo founded the company with only 33,231 USD (converted from 20,000 CNY). 2 Nevertheless, Lenovo has become one of the Fortune 500 companies, and it is one of the largest PC manufacturers in the world, with a more than 20% market share, and around 43 billion revenues in 2016. 3 Over the past three decades, Lenovo has implemented numerous strategies to achieve such accomplishments. Since multinational enterprises often involve in ... Get more on HelpWriting.net ...
  • 16.
  • 17. Mnes Advantages And Disadvantages 1. Learning Outcomes 2. Multinational Enterprises (MNEs): Definition and Features 3. History and Evolution of MNEs 4. MNEs in the Global Economy 5. MNEs in India 6. Advantages and Disadvantages of MNEs 7. Summary 1. Learning Outcomes This module will help in understanding the following topics: Multinational enterprises: Definition and its features. History and evolution of MNEs MNEs in the global economy Advantages and Disadvantages of MNEs Top most MNEs in India 2. Multinational Enterprises : Definition and Features There are various definitions of a multinational enterprise. Broadly, a multinational enterprise or a multinational corporation (MNC) refers to a giant firm that owns the production of goods or services in many countries other than their home country. David E. Liliental, defines the MNCs as "corporations which have their home in one country but operate and live under the laws and customs of other countries as well." According to Franklin Root (1994), an MNC is a parent company that engages in foreign production through its ... Show more content on Helpwriting.net ... These large MNCs are based almost exclusively in advanced industrialized countries; ninety–nine of the 100 largest firms are from the United States, Western Europe, or Japan and more than 5/6ths of all parent corporations are based in ... Get more on HelpWriting.net ...
  • 18.
  • 19. The Dutch Republic Downfall Essay Within 1650 to 1713 the Dutch Republic underwent a formidable transformation, which changed its status as a major influence in Europe. The Dutch Republic was a political union of seven provinces that was not only an impressive banking and commercial capital, but the Dutch also had a great navy as well. Additionally, the center of flourishment in the Dutch Republic was Amsterdam, which was the foremost trading and banking center in all of Europe. The changing environment of the late seventeenth and early eighteenth centuries forced the Dutch Republic into a position of conflict and unbalance, which proved detrimental to their country as a whole. One of the first challenges to the Dutch Republic dealt with military and how countries, such as ... Show more content on Helpwriting.net ... Additionally, another major conflict of militaristic means was against the English, in which approximately 2,000 to 2,700 Dutch ships were seized by the English in the three Anglo–Dutch Wars, (Doc. 3). This document primarily showed that Dutch had major troubles with their security to other foreign nations. England was the main competitors of the Dutch for trade during this time period, and these seizing of ships made perfect sense if the English wanted to come out on top. For example, these conflicts are shown on a map of the naval battles between the English and Dutch, during the years 1652–1674, (Doc. 1). On the map the most battles occurred between the Dutch trade route that went through waters close to England, which ended up being one of the biggest challenges to the Dutch republic militarily. Marquis de Pamponne, French ambassador to the Dutch Republic, reported to the French government that the wars between the English and Dutch were primarily over trade and obtaining trade routes, (Doc. 11). This document was written by a foreign opinion to the French government because the French were obviously curious about these conflicts that were occurring. More importantly, this document showed trade routes were a major cause of challenges on the military on the Dutch, which caused an increase ... Get more on HelpWriting.net ...
  • 20.
  • 21. Similarities Between The British East India Trading Company The Dutch East India Trading Company and the British East India Company had several similarities between the two. An obvious similarity was the fact that they were both trading companies that were located within east India. Some other similarities include that they both traded raw materials. Another similarity between the two was that they had people work on farms for them in order to get their cash crops. Adding to the cash crops, many farmland would be taken over by cash crops. In doing so, the cash crops brought great success and wealth to each of the trading companies; however, it also brought the same difficulties to the people. People would have much of their farmland taken from them in order for the plantation of cash crops. This would ... Show more content on Helpwriting.net ... It's trading posts were set up along Bombay, Madras, and Calcutta. After the collapse of the Mughal Empire, the British East India Trading Company began to increase in success. As it continued its growth, the British government began regulating it. For the most part, the British government did not interfere with the East India Trading Company. The British East India Trading Company was extremely useful when it came to raw resources. India was able to produce the resources needed by the British. In addition, they created their own railroad network. With the railroad network, they were able to transport their products. The railroad network had been a huge step up for the British East India Trading Company. They were now able to transport plantation crops such as tea, indigo, coffee, cotton, jute, and opium. Trade with many of these crops was because of international events. For example, if a resource was limited at the time, India would make a large profit off of it if they could provide it. In the end, the British East India Trading Company made life in India better. It led to the modernization of India which allowed them to catch up with the rest of the ... Get more on HelpWriting.net ...
  • 22.
  • 23. Beaver Fur Trade Envisioning today's world without the events of the seventeenth century is a genuine awakening. From the conquests of the Americas by the Europeans to traditional isolationist views in Asia, one could sufficiently argue this period in history as being the catalyst that ushered in the interdependent society enjoyed by those who presently inhabit the earth. Furthermore, the integration of people and cultures led to numerous indispensable discoveries of goods in foreign lands. The global market exploded as trade became prominent, and people's definition of amenity changed to that which meant "they needed it because they wanted it." Slaves, blue and white china, silver, and spices are only a few examples of what was available on the global market ... Show more content on Helpwriting.net ... This dish represents much more in the bigger scheme of the world than one might imagine. There had been bitter conflict in the years prior to the rise in popularity of fine china in Europe between the Dutch and Spanish. This fact is exemplified in the line, ". . . Spain was the [Dutch] arch–enemy: Spain was the state that had occupied the Low Countries in the sixteenth century and had used spectacular violence to suppress the Dutch independence movement" (Brook 64). Being Portugal was in alliance with the Spanish made their vessels "fair game" to be apprehended at sea by the Dutch. This occurred with the Dutch occupying the two Portuguese ships; San Iago and Santa Catarina. Thus, it was by domination that the inaugural shipments of fine china made its way to the Dutch country. Explaining the arrival of the acquired Portuguese goods in Amsterdam, Brooks writes, "Onto the docks of that city emerged the first great trove of china to reach Holland, and buyers from all over Europe fought for a piece" (Brooks 63). While some goods were traded or confiscated to appease the masses' personal wants, other exchanges taking place in the time period of Vermeer was solely for survival. This introduces the need for more than trade to survive. The need for a recognized world currency was at ... Get more on HelpWriting.net ...
  • 24.
  • 25. The Dutch Golden Age Of The Dutch Revolt Now formally known as The Netherlands, the nation used to be identified as the great land of The Dutch. During the seventeenth century, the nation experienced an influx that made the country's name known all over the world. Titled "The Dutch Golden Age" during which The Dutch Republic become at the time, one of the most powerful nations in the world in respect to their economy, liberal arts, and naval military. As this essay progresses, I will continue to discuss this particular time in history and reveal it's impact on not only itself, but the entire European continent. Before discussing how The Dutch's economy increased and how "The Dutch Golden Age" came to be, going over the "Dutch Revolt" would be an ideal place to start considering it's how the Dutch gained their independence. The first forty–three years of the "Dutch Revolt" also knowns as the Eighty Years' War, was the fight between The Dutch Republic and Spanish Empire. The fight between the two lasted from 1566 till 1609 until a twelve year truce was signed and The Dutch Republic finally gained it's hard earned independence. The Dutch revolted against the Spanish King mainly because the King wanted to tax ten percent. At the time, Holland was one the wealthiest countries in Europe, thanks to their large population of windmills and the new trading routes with India and Africa. The country didn't feel that the King needed a profit from them and they rebelled, beginning the historical Eighty Years' War. ... Get more on HelpWriting.net ...
  • 26.
  • 27. A Multinational Company ( Mnc ) A multinational company (MNC) is a business that operates beyond its geographical boundaries of its country of origin by opening branches or dealing with associates in more than one country. In other words, it is a company that engages in foreign direct investment (FDI). MNCs organize processes of manufacturing and delivering of goods and services to market in various countries, using their production firms either locally or abroad. To be able to operate in other countries, a company must be registered in these individual countries. The headquarters of multinationals are usually in the country of origin, with partly or fully owned subsidiaries abroad. Today, the world is increasingly becoming a global village. With Internet technology, ... Show more content on Helpwriting.net ... Carrying out an environmental analysis can help determine the viability of investment. The elements that need to be analyzed in such a probable country include political, economical, social, technological, environmental and legal, which are popularly referred to as PESTEL analysis (Sexton & Vlasto, 2012). Besides, the company must evaluate its internal analysis in the lens of the new market by carrying out a SWOT analysis to establish its strengths, weaknesses, opportunities and threats. The reasons why companies chose to become multinational corporations vary. Even before carrying out market analysis, the reason is always there. Establishing the right country to invest, can go a long way in expanding the business in the future markets. However, some ventures fail, but that does not mean that the business cannot still do well in other alternative markets (Sexton & Vlasto, 2012). All in all, there are different reasons which push companies to go into the global market, otherwise known multinational companies. The reasons are discussed below. Firstly, first mover benefit refers to the venturing into a new market and getting all the advantages of being the first to operate in that market in particular products or services. A firm may consider going global in an effort to tap untapped market for its products or services. According to Biggs (2011), a business that enters into a market as the first operator not only benefits from increased sales and profits, but also the ... Get more on HelpWriting.net ...
  • 28.
  • 29. Mercantile Policies During The 17th And 18th Centuries Outline the main mercantile policies pursued by European nations during the 17th and 18th centuries. Apply economic principles to analyse the impact of such policies on the countries that adopted them. Mercantilism was at its peak in Europe during the 17th and 18th century, this essay will look at the policies adopted by Britain, the Dutch republic and France and see how they affected their economies and industries as well as that of the other nations. Britain The British empire used various mercantile policies to attempt to increase the country's wealth, Britain mainly granted monopolies and privileges in order to restrict competition in sea trade. Tariffs Britain used tariffs on imports coming in from Dutch vessels, mainly against Dutch fish imports to develop the English fishing industry (Findlay and O'Rourke, pg. 242, 2007). Britain used tariffs on the Dutch vessels in order to allow the fishing industry to grow in Britain whilst also allowing enough fish in to satisfy demand. As mercantilists saw the trade between nations as a zero–sum game the British still saw this as a way it was reducing Dutch trade whilst also increasing their own. However, tariffs can be looked at in the economic sense of reducing overall welfare due to the tariff being introduced as it pushes the prices upwards. This tends to affect the economic welfare of consumers more than producers. Therefore, it could be argued that for the consumers in Britain this policy negatively affected them whilst ... Get more on HelpWriting.net ...
  • 30.
  • 31. Imperialism : Modern Global History Tianze Shan Ms. Bonne Modern Global History 30 October 2016 Imperialism happened in the history In the history, strong countries always trying to conquer the small and undeveloped countries in order to gain resources that they need and show their power, that's called imperialism. This paper will talk about imperialism in Southeast Asia, India and South America, how European power imperialize those areas and how imperialism effect those areas. Southeast Asia is located at the corner of Asia, made up of islands and part of Asia continent land. In the history, Southeast Asia were not strong enough to defense and has been colonized for a long time. Because of the requirement of Asia products and abundant resources found in that area, Countries in Europe began the imperialism in Southeast Asia. In the early 18th centuries, the Dutch East India Company began to control Indonesia's islands that near India. The reason is abundant oil and Tin mine was found in Indonesia. When Dutch moved to Indonesian, they established a social statue system, which makes Dutch on the top. Dutch make Indonesia became a part of Dutch territory and call it "the Dutch East Indies." Lots of Dutch population moved to Indonesian, and they never go back. Here's the negative effects: Because of the immigrant from Netherlands, Indonesian became the minority; part of the native traditions was disappeared; and the environment was damaged because of the over exploration; Dutch forced farmers to export 20 ... Get more on HelpWriting.net ...
  • 32.
  • 33. The Influence Of Food On Food Food has acted as a huge influence on our world and has shaped both our politics and our economy into what they have become today. The book "An Edible History of Humanity", described the influence of food on ancient civilizations and how it continued to mold politics and economics as time went on. Parts two and three specifically described the origins of food's influence on politics and economics, and then continued on describing how humanity began using food to expand and grow. Civilizations in both parts took advantage of trade to gain power, and also used trade to further boost their economies, however they went to different lengths to achieve these things so the outcomes were varied. Both parts feature civilizations looking to gain power through use of food. Part two speaks of the emergence of Big Men; a man who had won the control of the food transfers and trade within the group of people he lived with. Big Men would keep the food moving; doing favors for people with the expectation that it would be returned down the road. The average Big Man was only in it for the respect, because while he constantly had food and goods in his possession, they were all traded off almost as quickly as they came in so he didn't get to keep much for himself or his family at all. More often than not, he was worse off than his customers. As time passed, Big men evolved into Elites, who instead of trading off all of their surpluses, they ate part of their surpluses and used the rest to ... Get more on HelpWriting.net ...
  • 34.
  • 35. The British East India Company Looking back in history, it is quite noticeable that trade and politics has always been associated with one another. Simply saying, the more trade one country made with its trading partner, it is likely the the more political influence one country has. So, to have more control over the profit a company gain, it is easier if the company control the trading market. This is why during the 16th century, the period when independency of a nation was fragile, chartered trading companies such as the East India Company (EIC) eventually colonised its foreign markets. During this period, there were other trading companies that held similar approach (colonising foreign trading market) such as the Dutch East India Company (VOC) and Hudson's Bay ... Show more content on Helpwriting.net ... High profit was reported due to the establishment of the factory. Furthermore, the 1615 negotiation with the Mughal Emperor has secure EIC exclusive rigts to trade in India. The company met with opposition from the Dutch in the Dutch East Indies (now Indonesia) and the Portuguese. The Dutch virtually excluded company members from the East Indies after the Amboina Massacre in 1623 (an incident in which English, Japanese, and Portuguese traders were executed by Dutch authorities), but the company 's defeat of the Portuguese in India (1612) won them trading concessions from the Mughal Empire. The company settled down to a trade in cotton and silk piece goods, indigo, and saltpetre, with spices from South India. It extended its activities to the Persian Gulf, Southeast Asia, and East Asia.( Editors of Encyclopædia Britannica, 2015,p.1 ) Having less competition in spice trade and more military resources, the British East India Company seek to expand its control in the India territory. From then, the Company has built more factories in different regions of India such as Madras in 1640, Bombay in 1661 and Calcultta in 1690. Despite the many influences on the India economy, the fact that EIC being a British company meant that there were liabilities of foreigness to face. One of the biggest liabilities was surrounding regulations of the Indian Empire. The Company found difficulties to maximise revenue under the control of its partner. The core ... Get more on HelpWriting.net ...
  • 36.
  • 37. The Role of the British East India Company Essay British East India Company played a significant yet strange part in the Indian. It was, at its inception, a commercial venture in the history of The British Empire, which was established in the year 1600 in the subcontinent. The main reason for entering the subcontinent was trade, making money and importing spices from South Asia. It was the Portuguese who used all their skills and their navigational technology to enter this great area first, and start trade in the most profitable manner they could. East India Company entered as an early and old–fashioned venture, and conducted a separate business with their private stockholders. Their approach and their trade lasted for many years until year 1657 (Farrington 5), when they made their base ... Show more content on Helpwriting.net ... Soon after, the British started their own voyages and the first attempt to start trade with China, under the Captain Benjamin Wood, was undertaken in 1596. However, the ship did not reach its destination; instead it was lost without any trace. Forty years later, in 1637, Captain Wendell reached China successfully and tried to open trade negotiations with Chinese locals but he was resisted and sent on his way. His ship was destroyed on his journey back home. Ten years after the Dutch East India Company was expelled from China, English East India Company finally set up a post in Taiwan, in 1672. By the 1700's this base was shifted to Canton and EIC granted the monopoly of trade until 1833. Despite the many restrictions on trading by the government, the Chinese trade flourished, and in the 18th century, the East India Company traded woollens from Britain and cottons from India in exchange for Chinese tea, silk and porcelain. Out of these, tea became the largest item to be traded by the British (Robins 18–33). However, as the demand for tea increased, the items the British were exchanging for it, like the Indian cottons, were not enough to meet these demands. They started looking for other items to trade instead, to increase their profits, and found opium to be the best deal. The EIC were already growing opium in India, mainly for medicinal purposes, and although opium was banned in ... Get more on HelpWriting.net ...
  • 38.
  • 39. FDI Strategy for the Dutch East India Company FDI Strategy Description of the MNE: The Dutch East India Company It was established and chattered in 1602 through the States–General of the Netherland's growing of a twenty–one year monopoly to start and proceed with its activities in the Asian countries. Initially, this MNE was supposed to have issued or was issuing stock. Moreover, The Dutch East India Company was the first mega corporation that was responsible with processing of quasi–government powers together with its capabilities to instill war, execute convicts, and imprison wrong doers. Moreover, it participated in negotiating treaties establishment of colonies and coining of money. The company is known to have been the first MNE globally. Moreover, the company was formerly known as Oost– Indische Compagnie, VOC (Hufbauer & Grieco, 2005). Challenges and advantages of FDI for MNE in India There are various challenges that the company faces. As the first multinational enterprise, the company enjoyed a period of monopoly since it existence and served customers on its own. During this time, the company was able to meet the demands of the local demand, and part of the international demands like those from Portugal and Spain. FDI's have myriad advantages for the company in India. FDIs engage in what is termed as foreign investment, which connects its goods and services to the mother country. The Dutch East India Company is a US–based facility and business. The growth and development of the company has been ... Get more on HelpWriting.net ...
  • 40.
  • 41. The New York Stock Exchange Today the New York Stock Exchange is synonymous with investing. However, it hasn 't always been that way. Our current system of exchange has grown and changed over time to become what it is today. We 'll walk you through a history of the stock market to see what it took to get to where we are today. 1100s– France During this time France had a system where 'courretiers de change ' (or brokers) would manage the agricultural debts throughout the country on behalf of the banks, and trade debts from one bank to another. 1200 's– Merchants of Venice The merchants and moneylenders of Venice were the first brokers of the time, they would meet with other lenders, carrying slates with information on the various issues for sale. They These ... Show more content on Helpwriting.net ... These investments would outfit the ship and crew, and upon a successful return, would pay back a percentage to the investors. These types of limited liability companies would only last for voyage though, and would be dissolved upon return, only for a new company to be created for the next one. Investors would spread their risk around by investing in several different ships at the same time, allowing them to play the odds against all of them ending poorly. If a ship had a 33% chance of being seized by pirates, and the investor had placed money in 3 or 4 companies, instead of just one, they would still make a profit. When the East India companies were formed, they changed how business was done. These companies had stocks that would pay dividends on all of the proceeds from all of the voyages that the companies undertook, rather than going on a voyage by voyage basis. They were the first modern joint stock companies, which allowed them to demand more for their shares, and in time, build larger fleets. The size of the companies, along with their royal charters which forbid competition, meant huge profits for those that could invest. Would You Like Stocks With Your Coffee? Shares of the various East India companies were issued on paper, which allowed investors to sell to other investors. However, in order to be able to buy stocks, an ... Get more on HelpWriting.net ...
  • 42.
  • 43. Globalization Trade : A Positive Aspect Leonela Gomez History 105 [22] Issue Paper #2 October 2, 2016 Globalization–Trade Globalization has generally been viewed as a positive aspect. Although it's viewed as a positive thing, it also has its negative aspects that people usually choose to over–see and ignore. The most positive aspect of it was importing and exporting goods for other merchandise that may be needed more than what you have or in which crowded places it was not self–sufficient. In Pomeranz and Topik 2.7 Trade, Disorder, and Progress: Creating Shanghai, 1840–1930 really grasps the positive areas of the impact globalization has had on trade. 3.4 The Brew of Business: Coffee's Life Story in Pomeranz and Topik as well as 2.7 focuses more on the positive that it does on the negative. It isn't until 5.6 The Violent Birth of Corporations in Pomeranz and Topik that negative aspects start being brought up. Violence against native people is almost the only negative part about it due to the fact that no one should be tortured, used, or harmed in this process since it is normally used for good. Some of the good things that came from this is the fact that if you need something you don't have, you know you can rely on trading something you do have for what you don't, the way coffee grew, and the connections it built were all positive. Some of the disadvantages of trade were increased jobs outsourcing, theft of intellectual property, crowd out domestic industries, poor working conditions, degradation of natural ... Get more on HelpWriting.net ...
  • 44.
  • 45. Effects Of Dutch Colonization Of Indonesia Dutch colonization is one of the main influences on modern Indonesia. According to "Dutch Colonization" the Dutch controlled Indonesia for nearly 300 years which sprouted many nationalistic ideas (Dutch Par 2). Indonesia later became independent in 1945 with other countries such as the United States of America recognizing it as an independent nation. Dutch occupation directly affected the modern Indonesian political scene, the global spice trade and local Indonesian religion. Dutch colonialism has greatly influenced the Indonesian governmental system. Dutch occupation began in the 1600s where the Dutch established Indonesia as a Dutch colony forcefully using superior weapons and firepower. Dutch colonialism was extremely harsh with various ... Show more content on Helpwriting.net ... Dutch colonization took hold of one of the largest producers of spice in the world Indonesia and its entire supply of spice. The Dutch controlled the global spice market by controlling the amount of spice produced to increasing demand in Europe causing the price of spice to increase to make the maximum amount of profit effectively monopolizing it through force "numerous trade routes were developed with neighbouring countries" (Wright Par 4) . Eventually, as the Dutch lost control of Indonesia, the amount of spice was not regulated causing the price of spice to decrease as it would be more accessible and be sold in larger quantities. The Dutch had amazing business skills and took advantage of what they could in Indonesia and monopolized the spice trade. This caused them to gain great amounts of profit with no real competition. This, however, was lost as they lost control over Indonesia causing the supply of spice to increase and spices native to Indonesia to be grown elsewhere. The global market for spice then drastically changed with spice becoming more accessible removing the barrier of exclusivity causing spice to be less valuable. In addition to affecting the Entire world, Dutch colonialism also affected the Indonesian people ... Get more on HelpWriting.net ...
  • 46.
  • 47. The World 's First Publicly Traded Company Best Known As... From multiple points of view, the history of spices industry is in the history of humans and global commerce. The use of spices in food, cosmetics, and embalming can be traced back to ancient Egyptians around 3000 B.C. In the course of time, Spices' demand increased and trade were spread out from Africa and Asia to the Middle East, Mediterranean and Europe. The influence of spice trade was able to determine the rise and fall of nations based on each country's trading position. In March 1602, the World's first publicly traded company best known as United East India Company was created as a result of essence and expansion of the spice trade. After that, the spice business continued to grow in the 20th century and by 2001 there were over 150 spice manufactures in the United States. II Company Overview and Analysis Pacific Grove Spice started as a small specialty grocer on the Monterey Peninsula of California in 1980s. Pacific's mission statement emphasized its commitment to highest quality and freshest spice. The market share of Pacific Grove is relatively small as it targets high–end stores and customers. 1. SWOT Analysis Pacific Grove Spice Company's most significant strength is its wide range of international food spices, this has resulted form one of the founders Judith Findra's particular interest in Asian and Indian Cuisine. Pacific became "the" place to find spice in Central California within 10 years of the company's establishment. Pacific's ... Get more on HelpWriting.net ...
  • 48.
  • 49. The Concept of "Advanced Civilization" Led to the European... During the European conquests of the 16th and 17th centuries, the concept of an advanced civilization was essential most of the time. This can be supported by the strategic Spanish conquests, Portuguese exploration, and the Dutch trading empire. To begin with, North and South America, which had existed in isolation for thousands of years, came into contact with the rest of the world via the Italian explorer, Christopher Columbus. In 1492, he was sent by Spain to look for a route to India. Rather, Columbus came into contact with a Caribbean island. This marked the beginning of Spanish invasion of the Americas, who were in search of gold. Perhaps the most profound Spanish conquistadors were Hernan Cortez and Francisco Pizzaro, who ... Show more content on Helpwriting.net ... The Incas had no knowledge of the wheel, arch construction, or writing, but they managed a society in the Andes. Pizzaro arrived with 180 men and 30 horses, and decided to meet with the ruler, Athualpa, under an agreement of having unarmed body guards. As the gold covered ruler agreed, he was immediately stripped of his gold headband and one blast of his cannon and small army slaughtered the Inca warriors 50,000. Atuhualpa tried to free himself by offering a 17ft by 22ft by 9ft room of gold. The Spanish took the offer, but still murdered Atuahulpa to show that they could not be trusted so that others would abide by their rule. The contact between the Americas and the Old World began biological exchange of animals and foods which greatly benefited trade. Additionally, Vasco de Gama was a Portuguese explorer who discovered an ocean route to India, in 1498, by going under the tip of Africa, or Cape of Good Hope. This way avoided conflicts with the Ottoman Turks and led one directly into the fast moving currents of the Indian Ocean. This plan was carefully devised by skilled Portuguese mapmakers and navigators. Since this way was known, many rulers such as the Sultan of Manindi, offered the Portugese captain a pilot to guide his ships to trade for spices, gems, and fine (cotton, paper, porcelain, silk, glass, carpets) textiles. The Asian trading network, however were not interested in Portuguese goods such as iron ... Get more on HelpWriting.net ...
  • 50.
  • 51. AP World History: Impact Of The Dutch East India Company Andrew Lewis March 1st, 2015 AP World History Mr. Sagistano, Period 9 Impact of the Dutch East India Company During the 17th and 18th centuries, The Dutch East India company left a lasting impact on the world, which greatly changed the course of history and even affected the world we live in today. The Dutch East India Company (VOC; Vereenigde Oost Indische Compagnie), was a global trading company established by the Netherlands in 1602 (Anderson, James 204). The VOC greatly changed the regions they ventured to because it impacted their economies, political background, and culture. One significant impact the VOC had was that they allowed people to buy shares in their company, also known as stocks. Their introduction of stocks to the world ... Show more content on Helpwriting.net ... Daily Life through Trade: Buying and Selling in World History. Santa Barbara, CA: Greenwood, 2013. Print. "Dutch East India Company (DEIC)/VOC | South African History Online." Dutch East India Company (DEIC)/VOC | South African History Online. Web. 08 Mar. 2015. <http://www.sahistory.org.za/topic/dutch–east–india–company–deicvoc>. "Growth and Impact of the Dutch East India Company." Encyclopedia Britannica Online. Encyclopedia Britannica. Web. 15 Mar. 2015. <http://www.britannica.com/EBchecked/topic/286480/Indonesia/22811/Growth–and–impact–of– the–Dutch–East–India–Company>. Taylor, Larissa. The 17th Centuryy: 1601–1700. Pasadena, CA: Salem, 2006. Print. "The Trading World of Asia and the English East India Company, 1660–1760." EHnet. Web. 08 Mar. 2015. ... Get more on HelpWriting.net ...
  • 52.
  • 53. The Impact Of Dutch Imperialism In Indonesia The Dutch trade of commodities influenced Indonesia's economy in the way that they introduced land tax, made trade routes, and printed money. The Dutch first implemented land tax by telling farmers to give them one fifth of what they harvested ("Colonial Period of Indonesia.") This system was called the cultivation system. After the farmers gave one fifth of their harvest they got a fixed amount of money that has no relation to the value of the crops. "The Dutch and Javanese officials received bonus when their residency delivered more crops..." ("Colonial Period of Indonesia.) This made encouraged them to increase production so that they could get more money. This led to corruption ("1820–1950 Indonesia and Decolonization – Timeline Dutch History".) ... Show more content on Helpwriting.net ... The Dutch provided clean water, modern medicine, and education ("Dutch Imperialism in Indonesia"). This education, however, was only for males, and females couldn't access education. The cultivation system that was previously mentioned in the previous paragraph meant that if the villagers increased production, then they would get more money. This led to the Javanese villagers trying to increase production by reproducing so that there would be more people in the family (Muhlberger). This led to overpopulation in Java. Before the Dutch didn't use the cultivation system, but instead they forced the villagers to farm for them or else they would punish them. The Dutch may have influenced Indonesia positively, but from what the author thinks he thinks that the Dutch influenced Indonesia negatively. The Dutch bringing their technologies for water, medicine and education was positive socially, but the cultivation system, and forcing the villagers to work for them was not a good thing socially. Overpopulation made it harder for people to share resources equally since there is over 1000 people every square kilometer (Java). There is a considerable social distance between the rich and the poor in Java. This is evident in Jakarta, as there could be a high– class housing, then a few kilometers away there are slums. ... Get more on HelpWriting.net ...
  • 54.
  • 55. Effects Of Dutch Colonization On Indonesia The age of exploration brought the Netherlands to colonize Indonesia for many decades. When the Dutch first arrived in Indonesia, they made slow advances to different parts of Indonesia. At the time, Indonesia was well known as the spice islands that many countries wanted to colonize. Because Dutch colonization in Indonesia lasted a long time, it impacted Indonesia greatly and left many short and long term effects. Although the Dutch impacted Indonesia greatly in many different ways, they left an exceptional amount of marks in Indonesia's economy, politics, and religion at the time of their colonization. The VOC took advantage of Indonesia's rich land which was suitable for the growth of many different commodities that would benefit their ... Show more content on Helpwriting.net ... The Dutch created new systems, rules, and held power and control over the people of Indonesia. They formed single organizations and traded across large areas before eventually becoming the main political figure in the archipelago and replaced existing Indonesian politics. Rules and systems that had been previously used by Indonesia were diminished and quickly taken over and changed by the Dutch. The cultivation (culture) system was a system that impacted the Dutch and Indonesia politically and economically for a long period of time. The Dutch would have each village submit a set amount of resources as rent that benefitted them but was torture for Indonesians (encyclopedia Britannica). Though the VOC had made positive political advances in Indonesia, their systems and politics weren't effective and was often inhumane for the Indonesians. Their culture system was eventually rioted against and diminished. "The rejection of the cultivation system was both for humane and for economic motives."; the culture system was changed in 1870 and created a new period, led by the Dutch crown instead of the VOC (Indonesia Investments). Political choices made by the VOC weren't the best and while it did reap good results, they often fell into failure. This goes to show how inefficient the VOC could be for long term results, but efficient for short term results. Politics weren't the only thing the Dutch brought that was spread and practiced all throughout Indonesia. Religion was also something that they brought over, spread, and ... Get more on HelpWriting.net ...
  • 56.
  • 57. The Amboyna Massacre And The Dutch East India Company The Amboyna Massacre occurred in 1623 on the island of Ambon in present day Indonesia where twenty men were executed on the accusation of treason by the hands of the Dutch East India Company. Ten of these men were members of English East India Company who were trading at a post belonging to the Dutch East India Company. The Amboyna Massacre would result in an intensifying feud between the English and the Dutch, and would be a symbol for growing European power throughout the world. The Indies and more specifically Ambon Island would be the stage for this massacre by the Dutch East India Company. What is more important than this is exactly what the Indies had to offer for both companies at the time. In short, the answers are trade ... Show more content on Helpwriting.net ... The Dutch may have very well looked for spices in Portuguese land as a form of retribution for embargoing the Dutch. The Dutch may have also looked in Portuguese land because they thought it was not as well as defended or it had easier shipping routes. All three of these reasons were the potential thought process going through minds of the Dutch rulers at the time. Nearly seven years after the Spanish had embargoed trade between the Dutch and the Portuguese, Steven van der Hagen conquered the fortress Victoria at Amboyna. This fortress had previously been a trade center for the Portuguese spice trade, but after it was captured by Steven van der Hagen in 1605, the spice trade once again resumed. Once the Dutch had captured fort Victoria, they began to attempt to set up a local monopsony. To set up a monopsony, all trade competitors had to be removed and there could only be one buyer for all of the spice sellers. It was quite evident when the Dutch East India Company captured the fort that setting up a monopsony would be quite difficult especially when considering other major competitors such as the East India Company. The only way this would be possible was by force which is where the rift and future rivalry began between the two companies. At this same very time the East India Company had just been formed in 1600 after multiple ... Get more on HelpWriting.net ...
  • 58.
  • 59. Ap Euro Dutch Republic Dbq Dutch Republic DBQ In the 17th century, the Dutch Republic experienced a Golden Age and was able to maintain security, unity, and prosperity in its society and economy. The nation was considered a leading power, especially in trade and ideas, within Europe. However, it was not long before circumstances changed and the state face many problems establishing peace and agreement. By the end of the 17th and the beginning of the 18th centuries, there had been a significant change in the Dutch Republic's power, for multiple factors and reasons. From 1650 to 1713, not only external factors such as European intervention and British trading competition, but also internal division damaged the Dutch Republic and challenged its authority as a ... Show more content on Helpwriting.net ... Furthermore, more British trade allowed for the Bank of England to be strengthened and provide more reliable loans that the Dutch can. This causes London to replace Amsterdam as the new financial center, further allowing better trade for the British. The destruction of Dutch commerce managed to alter its economy and prosperity, but internal issues also played a ... Get more on HelpWriting.net ...
  • 60.
  • 61. East India Company Case Study East India Company was originally named "The Governor and Company of Merchants of London trading into East Indies". It was incorporated in Britain on the 31st December 1600, by a charter of Queen Elizabeth which settled its constitution, powers and privileges. It obtained a royal charter from Queen Elizabeth I, granting it monopoly at the trade with the East. A joint stock company, shares primarily owned by British Merchants and aristocrats, the East India Company had no direct link to the British government. The Queen though had sovereign power over this polity. If the state of Britain was considered a polity, then East India Company, a corporation in modern sense of the term was a citizen of that polity. But if East India Company was considered a corporate polity, then the different shareholder groups were conceived as citizens of this polity called East India Company. The Charter even stated that the Company shall be a body corporate and politick. Furthermore, this corporation would be an extension of the sovereign which was the state of Britain and the British monarch herself. The authority of Queen Elizabeth is established in the beginning of the Charter itself as it opens with the following sentence, "Elizabeth, by the grace of God, Queen of England, France and Ireland, Defender of the faith & c." Thomas Smith, Alderman of London was appointed as the first Governor of the said Company. It is the title of Alderman that suggests, he was a chief noble of ... Get more on HelpWriting.net ...
  • 62.
  • 63. History Of The Nutmeg Trade History of the Nutmeg Trade: Nutmeg was traded as early as 200 BC, when the Romans would travel from Egypt across the Indian Ocean, to trade goods with the natives of Banda in exchange for spices. Spice use declined around the 5th century with the fall of the Roman Empire, and was later reintroduced by the Arabs. (Conley, J. 2002.) In the 6th century the Arabs were the only traders of spice, and acted as middlemen for India, Indonesia, Africa, and the Orient, supplying spices to Europe through Venice at high prices. ( ) Nutmeg was highly valued in medieval European cuisine as a flavoring, food preservative, and for perceived medicinal properties. St Theodore the Studite was known for allowing his monks to sprinkle nutmeg on their pease ... Show more content on Helpwriting.net ... While the Portuguese remained participants in the Spice Trade, they had no actual footholds in the Bandas after 1515 (Milton, 1999). Dutch East Indies Company vs British East India Company: 17th Century In the 17th Century the Netherlands took control of the Banda Islands, successfully gaining monopoly of the spice trade. The Dutch were engaged in competition with the English and Portuguese for control of the Spice Islands, and decided to forcefully establish their control through their Dutch East Indies trading company. At this point the Portuguese presence was decreasing in the Bandas, and the British and British East India trading company were the Dutch's primary competitors in the East Indies (Milton, 1999). While interactions between the Dutch and the Bandanese (peoples indigenous to the Banadas) were initially mutually beneficial, they turned bloody over time. Dutch traders offered unwanted manufactured goods that were not desirable to the Bandanese people, (fabrics that were not climate suitable), and attempted to impose restrictions on trade between the Bandanese and the British. The Dutch successfully persuade the leading Bandanese citizens to sign a treaty known as the "Eternal Compact" treaty, granting the Dutch a monopoly on spice purchases. This unfair trade agreement further soured relations between them. In 1609 the Bandenese ambushed and killed ... Get more on HelpWriting.net ...
  • 64.
  • 65. The Remarkable British Empire Over a number of centuries, The British Empire colonized or invaded all but 22 countries in the world. This is an astonishing feat that would make ancient empire leaders such as Remesses II or Genghis Khan bow down to the power of the British. Since the Middle Ages, The Royal Class in England desired a wide variety of exotic spices. The merchants were under so much pressure to try to satisfy the high demand, that they resorted to committing criminal acts such as piracy in order to fulfill the demand of the royal class. In order to truly understand the roots and culture of the British Empire one must imagine themselves in 400 BC and as a member of one of the countless Celtic tribes that existed in Britain. The land beneath your feet is some of the most diverse soil in all of Europe and the landscape is full of trees and grassy plains. In the book "British Food" by Colin Spencer, Great Britain's very fertile and rich soil allowed the possibility for grass to grow year round allowing livestock to graze green pastures, even in the winter time. Great Britain's soil allowed grains such as barley, rye, and wheat to grow in abundance. The Celts would use these grains to produce bread which became the staple of many Celtic and then, Anglo–Saxon diets (14). The Celtic people were very fond of seasoning their foods with local ingredients such as onions, garlic, shallots and parsley which grew plentifully in their fertile soil. The idea of seasoning meals with local ingredients ... Get more on HelpWriting.net ...
  • 66.
  • 67. Liner Shipping: Strategy, Strategy And Strategy What is strategy? Strategy is the direction and scope of an organisation over the long–term which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets. A strategy is a plan of action designed to achieve a specific goal or series of goals within an organizational framework. Shipping A shipping service is a business of transporting commodities, merchandise goods and cargo aboard or transportation of goods through sea. Liner Shipping Liner vessels operate on fixed routes, to fixed schedules and usually with a standard tariff. Liner trades are dominated by container ships, roll–on/roll–off carriers and general cargo ships. These are the ships with predefined routes and schedules and these services are used by those customers who have small volumes of cargo that does not require charter service. General Liner ships are used by the companies that transport goods like electronic goods, gadgets, toys etc. ... Show more content on Helpwriting.net ... Generally these services are used when the customer has large cargo volumes, if necessary vessel can be transmitted such as food grains, chemicals, petroleum etc. Generally these ships have capacities of ranging from 5,000 to 500,000 m tonnes. A brief history of maritime transport The history of the maritime industry stretches back thousands of years to the time of the first ... Get more on HelpWriting.net ...
  • 68.
  • 69. Multinational Companies ESSAY PLAN 1. Definition of multinational company which says that a company which serves more than one country at a time and small description about its background. 2. Main body contains:– * Description about how multinational corporations give employment and remove poverty. * Role of these companies in enhancing local economies. * Its impact on globalization. 3. Conclusion– about how multinational corporations are beneficial to the world. INTRODUCTION Multinational companies have brought revolution in the world. Their role is very significant in our lives. The multinational corporation is defined as an association or organization which provides its services to not only to one country but to many countries of the ... Show more content on Helpwriting.net ... There is increase in exports and decrease in imports which helped in improving the balance of payment. They have equalized cost of factors of production all over the world. They have provided an effective way of incorporating economics. They purchase the raw materials from different parts of the world which is cheapest in cost. This leads to higher productivity as the access to raw material is easier which eventually leads to higher profit. They provide the best technology and management to the world by competing in global markets. By giving training to its employees, they can transfer their knowledge to them which lead to great work and hence higher productivity. By exporting in large quantities they get large income which helps in increasing the national income of the country. These companies helped in developing relations worldwide. This way they enhanced bonding among people. With the advancement of technology multinational companies produced such kind of products which made our life easier. They provide different range of products for its customers. Multinational company is also called as transnational company or international company as they do transactions or we can say that they deal with numerous companies all over the world. These companies gave boost to the career people of the world. This way they have provided many benefits to the whole world. These companies have manufactured many products with latest technology for the people. These ... Get more on HelpWriting.net ...
  • 70.
  • 71. The Impact Of Dutch Colonization On Indonesia The indigenous groups of Indonesia went to brutal extents in attempts to successfully fight for rights and recognition from results of Dutch colonisation. The Dutch colonised Indonesia in 1677, completely taking over the government. Significant figures involved; the different islands of Indonesia, the Dutch East India Company, and the battles Indonesia went to in order to gain back their independence. Long term impacts of the Dutch colonisation upon Indonesia improved and modernised the lives of Indonesian people but as a result of traumatic and gruesome mistreatment of the indigenous culture. Life pre–colonization: Before Western European influences had power over Southeast Asia, what is known as Indonesia used to be an archipelago which consisted of islands and estates ruled by different kingdoms and empires. Occasionally living in peaceful coexistence yet at times being at state of war with each other due to the lack of the sense of social and political unity that Indonesia has in todays society. Integrated trade networks, began developing starting from the early evidence of Asian history. Being connected to trade networks was an important asset for an empire to acquire wealth and commodities, necessary to become a powerful force. The more global these trade networks in the archipelago became, the more foreign influences managed to enter, this development eventually lead to the colonial state. A significant matter related to the history of Indonesia is that it generally centres on the western part of the archipelago (in particular, the islands of Sumatra and Java). As most of the eastern part of the archipelago has been on the fringes of economic activity throughout history (located further away from main trade routes), it consequently has been on the fringes of politics as well; a situation that continues up to the present day. Impact of colonisation The Dutch were determined on establishing control over the spice trade network in Southeast Asia. Their first expedition reached Banten in 1596 but was accompanied by hostilities between the Dutch and the indigenous Indonesian population. After arriving back in the Netherlands, the expedition still showed a good profit to the Southeast Asian region. ... Get more on HelpWriting.net ...
  • 72.
  • 73. Economic Factors In The 17th Century And The Dutch East... In the 16 and 17th century, and the Dutch East India Company (VOC) was very profitable and a large employer. They were also the world's largest commercial entity in the 17th and 18th century, which employed approximately 30,000 people. They carried goods and slaves across the Atlantic Ocean. One of the major historical significances of VOC is that they were the first country to build an entire empire of trading in numerous countries. Their willingness to find the sailing routes, turned out to be a great success, which opened a tremendous amount of opportunity for them to trade, and VOC strategically took complete advantage of the opportunities. As with everything in history, the results of the Dutch East India Company are both good and bad. Investors formed the first corporation with the joint venture stock company in 1602. They combined assets to gain power, and they had a monopoly to trade with the Indies Asia and the Indian Ocean. Their motive was profit; they fixed prices. The Dutch East India Company's had an immoral side as they could get countries to trade goods against their will with either by persuasion or violence. The VOC was lawless and protected and built up its monopoly. Dutch financial power is still powerful today. The economic philosophy of "mercantilism" grew and presumed the world's wealth was fixed, it didn't matter that one county could suffer economically at the expense of another (Pollard, pg.xxxxx). The American colonies had the purpose of ... Get more on HelpWriting.net ...
  • 74.
  • 75. Dutch Imperialism: The Dutch East India Company Focusing specifically on the Dutch, this nation was able to expand and conquer heavily in South and South East Asia. As discussed in class, the European powers of this time held a gendered notion these Asian lands as if they were an untouched woman with endless resources and uses that were destined to be used by the white man for profit and glory. The Dutch starting in the 1500s were no different in their motives. By setting up the Dutch East India Company, and creating a trade monopoly on eastern goods, the Dutch were able to quickly gain power in South East Asia and specifically Indonesia on past the 1600s. These colonial efforts however began not as pushes for political power but simply for monetary gain. Mercantilism rather than imperialism is what would describe the set up between the Dutch and the Indonesians. After the Dutch arrived in Indonesia in the year 1596, the heaviest colonial actions in these lands by the Dutch between 1600 and 1800 were carried out by the Dutch East India Company. The Dutch gradually gained more control of ... Show more content on Helpwriting.net ... The Dutch were interested in gaining high capital profits from the labor and resources they extracted from Indonesia. All taxes were placed on the poor; therefore they faced impoverished conditions and famine. The Dutch brought goods, such as coffee, to the island of Java, which became one of the largest exporters of the product. Sugar, coffee, and other goods, accounted for seventy percent of Indonesian exports, and almost all the profits were taken by the Dutch. All the fertile land in Indonesia became used as Dutch plantations. Peasants did not have enough land for subsistence farming and suffered through famines. Daily life differed for different social classes in Indonesia. Higher classes faced less hardships under the Dutch rule, but the lower classes encountered harsh treatment, great exploitation, heavy taxes, and unjust living ... Get more on HelpWriting.net ...
  • 76.
  • 77. The Mutual Impact Between Amsterdam And The Voc The Mutual Impact Between Amsterdam and the VOC The Verenigde Oostindische Compagnie, or The Dutch East India Company, was the first multinational corporation in history (Shorto 103). In the interest of conserving space, the Verenigde Oostindische Compagnie will be shortened to the VOC in this paper. Founded in 1602, the VOC was primarily a trading company, but also had the power to declare wars, create colonies, and negotiate treaties (Briney). The VOC's massive reach across the globe and its ability to transport large quantities of goods caused entire populations to rely on foreign trade to survive (Shorto 104). Even Japan, who had a general policy of refusing foreign trade, allowed the VOC to trade with them for two centuries ... Show more content on Helpwriting.net ... Early Amsterdammers were at war with water because the settlers needed to drain the marshy terrain to obtain land suitable for building and farming. The owner of any given parcel of land was responsible for seeing that the dykes that held back the water were maintained and keeping their land dry. If one neglected their duties, water would sweep in and cause destruction to not only the negligent party's land, but everyone's (Mak 11). Flooding caused destruction of property and crops and essentially lowered chances of survival. Because it was vital to cooperate with others, despite potential differences and disagreements, the Dutch developed a pragmatic and collaborative outlook. Draining water to create land also affected the area's geography. To remove the water, it had to be directed into canals that ran directly into the ocean or natural rivers (Mak 11). These canals proved to be an advantage, as traders could easily anchor and load boats directly where their homes or stores were. Although this made loading goods easier, traders first had to take convoluted routes through twisting rivers to sell their wares because their boats were unfit for the open–sea. Then, with the invention of a ship called a cog, trading routes could now stretch across seas. The cogs themselves could also carry five to ten times more cargo than earlier boats. Because Dutch traders could go to farther ports to trade, their cities, namely Amsterdam, became ... Get more on HelpWriting.net ...