Roman commerce

The 15th through the 18th century was primarily an “Asian Age” due to the advancements in trade and manufacturing. You might wonder how trade could make this time period an “Asian Age”. The answer to this question is simply that trade was a huge ordeal during this time period. Trade was a major source of income for countries and even a source of political and social power. The advancement of the trading routes, new items found and made, and the political and monetary power gained through trade all worked together to make this time period an “Asian Age”. To begin this discussion I would like to discuss the Indian Ocean Trade. This was a largely popular form of maritime trade. The only issue with this from of trade was what to do in order to get the goods that had been delivered to the inland empires and cities. In order to do this, camels were domesticated to make for the most efficient way to carry these goods from port to the inland. Now the routes of the Indian Ocean Trade connected Southeast Asia to India, Arabia, and East Africa, making for diverse trade. Items that were traded were things such as silk, porcelain, spices, slaves, incense, and ivory. Aside from just items for trade though, religion was also spread. This trade also helped the already existing empires flourish, especially the Chola Empire of India. While the Indian Ocean Trade did greatly help to make this time period an “Asian Age”, it was eventually compromised. The Portuguese eventually entered…

When the Portuguese arrived, they want an economic benefit rather than developing a continuously beneficial society: “The Portuguese sought not a trading empire, but rather a protection racket that coerced local merchants into selling spices and other goods at below market rates and excluded other, particularly Muslims, from honest commerce.” In comparison to the rest of the countries that contributed to the Indian Ocean trade, the Portuguese were the first to have no interest in bringing…

What is international trade? International trade is when two countries exchange goods, services and capital. Trading on a global scale has not always been as successful and steadfast as it is today. However, the advancement in technology has greatly increased the possibilities of trade between countries. An example would be the internet, the internet is a perfect example of how a business can trade internationally; by putting the whole business online it enables anyone in the world to observe…

the competition’s store to see what kind of merchandise and pricing that will be expected. A retailer can often time find products to sell by conducting an online search. There should be many suppliers serving the same market, you’re trying to break into. Whichever business you’re trying to break into, it’s vitally important to tell potential customers that you as a business exist. There many ways to do this, one being word of mouth advertising, once you’ve established a friendly relationship…

Bill Gates is the founder and creator of Microsoft, a computer company that creates and sells computer software and has revolutionized the computer industry over the last few decades. Because of the freedoms provided by the free enterprise system, Bill Gates was able to create one of the most successful and influential companies in the world. Three characteristics of free enterprise summarize its importance to the economy and its ability to allow businesses to become successful. In a free…

Seafaring Slaves and Their Freedom Slaves have been the cornerstones of western civilization since the middle age. During the gory chapter of the Indo-Atlantic world, there were numerous stories of the seafaring slaves. Despite the uncultured savage background of all of these slaves, some of them played crucial parts in the global trading network at the time. In Chapter 5 of McDonald’s book Pirates, Merchants, Settlers and Slaves, the author Kevin McDonald depicted the accounts of several…

“Dress For Less,” a store to find brand-name fashion at the lowest possible cost! Ross Store Inc. offers that and much more from apparel fashion to every day in home essentials, as the company stated in the annual report, “THERE’S ALWAYS A BARGAIN IN STORE.” For over 30 years in the industry recently consider the fastest growing retailer in the industry the company has focus on bringing fashion with discounts of 20% to 60% off store departments. Lets experience the marvelous world Ross Store…

Court Synopsis: Costco Wholesale Corp. v. Omega S.A. Costco Wholesale Corp. v. Omega S.A. case was heard by Chief Justice Roberts at 10:02 a.m. by the supreme court on November 18th 2010. Omega manufactures luxury watches in Switzer land, which it distributes around the world. One of Omega’s high-end watches, the Seamaster, sometimes bears an engraving of the Omega Globe Design. Omega obtained a copyright for the Omega Globe in March 2003. In this particular case, Omega is suing Costco over 43…

What are Barter Items? We are not a self-sustaining society. Instead, we have ‘evolved’ to the point where currency is exchanged for necessities and comforts. What if a natural disaster strikes where we would have to do without utilities, stores and so on. What if the financial world collapses as experts are predicting? What if your money can’t buy anything? Barter items would become more precious than gold. That’s what! In preparation for such catastrophic events, it would be prudent to begin…

There are many different jobs for a business executive. A few positions include small business owner, department store manager, and government executives. Business executives have many duties that depend on the amount of people on their staff. Business executives are in charge of their organization, and they create and review goals for the company. In addition to those few duties, business executives oversee budgets and negotiate contracts with outside agencies. Being a business executive has…