Dutch East India Trading Company
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Dutch East India Trading Company
The United East India Company ( nl, Verenigde Oostindische Compagnie, the VOC) was a chartered company established on the 20th March 1602 by the States General of the Netherlands amalgamating existing companies into the first joint-stock company in the world, granting it a 21-year monopoly to carry out trade activities in Asia. Shares in the company could be bought by any resident of the United Provinces and then subsequently bought and sold in open-air secondary markets (one of which became the Amsterdam Stock Exchange). It is sometimes considered to have been the first multinational corporation. It was a powerful company, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, strike its own coins, and establish colonies. They are also known for their international slave trade. Statistically, the VOC eclipsed all of its rivals in the Asia trade. Between 1602 and 1796 the VOC sent almost a million Europe ...
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Trade Name
A trade name, trading name, or business name, is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is a "fictitious" business name. Registering the fictitious name with a relevant government body is often required. In a number of countries, the phrase "trading as" (abbreviated to t/a) is used to designate a trade name. In the United States, the phrase "doing business as" (abbreviated to DBA, dba, d.b.a., or d/b/a) is used, among others, such as assumed business name or fictitious business name. In Canada, "operating as" (abbreviated to o/a) and "trading as" are used, although "doing business as" is also sometimes used. A company typically uses a trade name to conduct business using a simpler name rather than using their formal and often lengthier name. Trade names are also used when a preferred name cannot be registered, often because it may already be registered or is too similar to a name that is a ...
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Consolidation (business)
In business, consolidation or amalgamation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting, ''consolidation'' refers to the aggregation of financial statements of a group company as consolidated financial statements. The taxation term of consolidation refers to the treatment of a group of companies and other entities as one entity for tax purposes. Under the Halsbury's Laws of England, 'amalgamation' is defined as "a blending together of two or more undertakings into one undertaking, the shareholders of each blending company, becoming, substantially, the shareholders of the blended undertakings. There may be amalgamations, either by transfer of two or more undertakings to a new company or the transfer of one or more companies to an existing company". Overview Consolidation is the practice, in business, of legally combining two or more organizations into a single new one. Upon consolidation, the original ...
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Porcelain
Porcelain () is a ceramic material made by heating substances, generally including materials such as kaolinite, in a kiln to temperatures between . The strength and translucence of porcelain, relative to other types of pottery, arises mainly from vitrification and formation of the mineral mullite within the body at these high temperatures. Though definitions vary, porcelain can be divided into three main categories: hard-paste, soft-paste, and bone china. The category that an object belongs to depends on the composition of the paste used to make the body of the porcelain object and the firing conditions. Porcelain slowly evolved in China and was finally achieved (depending on the definition used) at some point about 2,000 to 1,200 years ago; it slowly spread to other East Asian countries, then to Europe, and eventually to the rest of the world. Its manufacturing process is more demanding than that for earthenware and stoneware, the two other main types of pottery, and it ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Chief Executives
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking office ...
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Governors-general Of The Dutch East Indies
The governor-general of the Dutch East Indies ( nl, gouverneur-generaal van Nederlands Indië) represented Dutch rule in the Dutch East Indies between 1610 and Dutch recognition of the independence of Indonesia in 1949. Occupied by Japanese forces between 1942 and 1945, followed by the Indonesian National Revolution until 1949. Indonesia proclaimed its independence on 17 August 1945. History The first governors-general were appointed by the Dutch East India Company (VOC). After the VOC was formally dissolved in 1800, the territorial possessions of the VOC were nationalised under the Dutch government as the Dutch East Indies, a colony of the Netherlands. Governors-general were now appointed by either the Dutch monarch or the Dutch government. During the Dutch East Indies era most governors-general were expatriate Dutchmen, while during the earlier VOC era most governors-general became settlers who stayed and died in the East Indies. Under the period of British control (1811 ...
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Southern Africa
Southern Africa is the southernmost subregion of the African continent, south of the Congo and Tanzania. The physical location is the large part of Africa to the south of the extensive Congo River basin. Southern Africa is home to a number of river systems; the Zambezi River being the most prominent. The Zambezi flows from the northwest corner of Zambia and western Angola to the Indian Ocean on the coast of Mozambique. Along the way, the Zambezi River flows over the mighty Victoria Falls on the border between Zambia and Zimbabwe. Victoria Falls is one of the largest waterfalls in the world and a major tourist attraction for the region. Southern Africa includes both subtropical and temperate climates, with the Tropic of Capricorn running through the middle of the region, dividing it into its subtropical and temperate halves. Countries commonly included in Southern Africa include Angola, Botswana, the Comoros, Eswatini, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namib ...
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Greater India
Greater India, or the Indian cultural sphere, is an area composed of many countries and regions in South and Southeast Asia that were historically influenced by Indian culture, which itself formed from the various distinct indigenous cultures of these regions. Specifically Southeast Asian influence on early India had lasting impacts on the formation of Hinduism and Indian mythology. Hinduism itself formed from various distinct folk religions, which merged during the Vedic period and following periods. The term ''Greater India'' as a reference to the Indian cultural sphere was popularised by a network of Bengali scholars in the 1920s. It is an umbrella term encompassing the Indian subcontinent, and surrounding countries which are culturally linked through a diverse cultural cline. These countries have been transformed to varying degrees by the acceptance and induction of cultural and institutional elements from each other. Since around 500 BCE, Asia's expanding land and maritime ...
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Eurasia
Eurasia (, ) is the largest continental area on Earth, comprising all of Europe and Asia. Primarily in the Northern and Eastern Hemispheres, it spans from the British Isles and the Iberian Peninsula in the west to the Japanese archipelago and the Russian Far East to the east. The continental landmass is bordered by the Atlantic Ocean and Africa to the west, the Pacific Ocean to the east, the Arctic Ocean to the north, and by Africa, the Mediterranean Sea, and the Indian Ocean to the south. The division between Europe and Asia as two continents is a historical social construct, as many of their borders are over land; thus, in some parts of the world, Eurasia is recognized as the largest of the six, five, or four continents on Earth. In geology, Eurasia is often considered as a single rigid megablock. However, the rigidity of Eurasia is debated based on paleomagnetic data. Eurasia covers around , or around 36.2% of the Earth's total land area. It is also home to the largest ...
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Batavia, Dutch East Indies
Batavia was the capital of the Dutch East Indies. The area corresponds to present-day Jakarta, Indonesia. Batavia can refer to the city proper or its suburbs and hinterland, the Ommelanden, which included the much-larger area of the Residency of Batavia in the present-day Indonesian provinces of Jakarta, Banten and West Java. The founding of Batavia by the Dutch in 1619, on the site of the ruins of Jayakarta, led to the establishment of a Dutch colony; Batavia became the center of the Dutch East India Company's trading network in Asia. Monopolies on local produce were augmented by non-indigenous cash crops. To safeguard their commercial interests, the company and the colonial administration absorbed surrounding territory. Batavia is on the north coast of Java, in a sheltered bay, on a land of marshland and hills crisscrossed with canals. The city had two centers: Oud Batavia (the oldest part of the city) and the relatively-newer city, on higher ground to the south. It was ...
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Dutch Republic
The United Provinces of the Netherlands, also known as the (Seven) United Provinces, officially as the Republic of the Seven United Netherlands (Dutch: ''Republiek der Zeven Verenigde Nederlanden''), and commonly referred to in historiography as the Dutch Republic, was a federal republic that existed from 1579, during the Dutch Revolt, to 1795 (the Batavian Revolution). It was a predecessor state of the Netherlands and the first fully independent Dutch nation state. The republic was established after seven Dutch provinces in the Spanish Netherlands revolted against rule by Spain. The provinces formed a mutual alliance against Spain in 1579 (the Union of Utrecht) and declared their independence in 1581 (the Act of Abjuration). It comprised Groningen, Frisia, Overijssel, Guelders, Utrecht, Holland and Zeeland. Although the state was small and contained only around 1.5 million inhabitants, it controlled a worldwide network of seafaring trade routes. Through its tradin ...
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