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Unformatted text preview: The English East I ndia Company (EIC) Introduction Chartered company Heart of British commercial and imperial activity in East for more than 250 years Asian trade: pepper, saltpeter, cotton, silk, indigo, jute, porcelain, tea and opium Linked Britain and Asia: laid foundation for British Empire in East Dependant on British state for renewal of its charter Early multinational o Multinational: a company that operates in several countries Offices/factories in several nations & a head office coordinating the companys operations Establishment in Organization established 1600 by Queen Elizabeth I The Governor & Company of Merchants of London Trading into East Indies Trade monopoly between Britain and East (both Africa and Asia) Joint-stock form (but not permanent) o I t had shareholders, pulled capital and placed it under a common management Each voyage that the company made was considered a separate business deal Complex & Modern Structure:...
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- Spring '10