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  • Dutch East India Company

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    Stephanie Valentine
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    The Dutch East India Company (VOC) was formed in 1602 and had a trade monopoly over the spice trade between the Netherlands and East Indies (modern Indonesia) until 1800. It grew to become the first true transnational corporation, operating in many countries and amassing significant political power and influence. The VOC was highly organized with shareholders and six regional chambers, expanding European trade, colonization, and ideas throughout Asia during its height in the 17th century.

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    The Dutch East India Company (VOC) was formed in 1602 and had a trade monopoly over the spice trade between the Netherlands and East Indies (modern Indonesia) until 1800. It grew to become the first true transnational corporation, operating in many countries and amassing significant political power and influence. The VOC was highly organized with shareholders and six regional chambers, expanding European trade, colonization, and ideas throughout Asia during its height in the 17th century.

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    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    59 views11 pages

    Dutch East India Company

    Uploaded by

    Stephanie Valentine
    The Dutch East India Company (VOC) was formed in 1602 and had a trade monopoly over the spice trade between the Netherlands and East Indies (modern Indonesia) until 1800. It grew to become the first true transnational corporation, operating in many countries and amassing significant political power and influence. The VOC was highly organized with shareholders and six regional chambers, expanding European trade, colonization, and ideas throughout Asia during its height in the 17th century.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 11

    DUTCH EAST INDIA COMPANY

    Verenigde Oostindische Compagnie or VOC Trade, exploration, colonization 1602-1800 Monopoly: spice trade Semi-governmental powers: wars, prosecution, treaty negotiation, colonies

    HISTORY AND GROWTH

    16TH Century spice trade in Europe Portugese domination decline of supply increase in prices Portugal and Spain united in 1580 Dutch entered the industry (ongoing war between Portugal and Spain)

    HISTORY AND GROWTH

    1598- Dutch trading ships 1599- Jacob van Necks fleet Spice Islands (Moluccas of Indonesia) 1602- creation of United East Indies Company (Dutch East Indies Company) Purpose: stabilize profits in Dutch spice trade and form monopoly Powers: build forts, keep armies, make treaties

    HISTORY AND GROWTH

    1620s further colonization of Indonesian islands and presence of Dutch plantations growing cloves and nutmeg Gold & silver trade surplus with European countries

    HISTORY AND GROWTH

    1652- Cape of Good Hope Southern Africa supplies to ships sailing to eastern Asia Cape Colony Trading posts: Persia, Bengal, Malacca, Siam, Formosa, Malabar

    DECLINE

    1666 - loss of silk trade with China 1670 - decrease in trading with Japan 1780 war in England financial troubles 18th Century decline of demand of Asian spices Companys survival due to Dutch govt support

    DECLINE

    Charter was renewed by Dutch Government Companys power reduced Employee and headquarters reduction

    ORGANIZATION

    Complex organizational structure 2 Types of Shareholders


    non-managing partners Bewindhebbers managing partners
    Participanten

    ORGANIZATION

    6 Chambers
    Amsterdam
    Delft Rotterdam

    Enkhuizen
    Middleburg hoorn

    Importance

    Complex business model todays businesses Early form of limited-liability company Highly organized First to establish to monopoly over spice trade Worlds first multinational corporation Expanded European ideas and technology Brought ideas & technology to Asia

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