Business / Bill Gates &Amp; Global Economy

Bill Gates &Amp; Global Economy

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Autor:  anton  29 December 2010
Tags:  Global,  Economy
Words: 506   |   Pages: 3
Views: 487

Early Life

William Henry Gates III ( also known as Bill Gates), is known world-wide as the chairman of Microsoft(the world wide leader in software), the software company he founded with Paul Allen, an American entrepreneur,ranked the fifth richest American in the world. William Gates is also an American entrepreneur and a philanthropist (someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes). William was born on 28th October, 1955 in Seattle, Washington to William H. Gates, Jr. (now Sr.) and Mary Maxwell Gates, William has one older sister, Kristi (Kristianne), and one younger sister, Libby. He grew up in a wealthy family; his father was a prominent lawyer,and his mother served on the board of directors for First Interstate Bank. William Gates was very smart as a child and excelled in elementary school, particularly in mathematics and science. As a youth, William Gates was active in the Boy Scouts of America where he achieved its second highest rank, Life Scout. He enrolled at Harvard College in the fall of 1973 intending to get a pre-law degree, but did not have a definite study plan. While Bill was at Harvard, he met Steve Ballmer, his future business partner, whom he later appointed as CEO of Microsoft.Later in his junior year, Gates left Harvard University to devote his energies to Microsoft, the company he had begun in 1975 with his childhood friend Paul Allen. Guided by a belief that the computer would be a valuable tool on every office desktop and in every home, they began developing software for personal computers. Gates' vision for personal computing have been central to the success of Microsoft and the software industry.

Global Economy

The global economy gives business's the ability to market products and services all over the globe. William Gates has greatly benefited from global economy as it gives his company the opportunity to market his software products all over the world. Microsoft currently employs more than 78,000 people in 105 countries and regions.

There are numerous advantages in the shift to a global economy including the possibility to increase benefits from economies of scale. The breaking down of global barriers allows companies to benefit from the largest and cheapest workforces, raw materials, and technology. For example, “many North American publishers actually write and produce much of their software in countries such as India.”[1] Other advantages that companies benefit from include: the opportunity for smaller companies to quickly expand globally, having more choices when recruiting a workforce and the opportunity to target a larger customer base (which translates to greater earning potential).

Many have argued a global economy also helps in promoting international cooperation and peace (source?). If countries are dependent upon one another's economic success then armed conflict would be less likely. For instance, India and Pakistan are often in dispute over land territory such as Kashmir. It is argued that it would be less likely that these two countries will enter into combat due to the severe negative effects on their economies

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