© February 2014. Business system in which one class of people, aristocrats, possess property rights...

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Entrepreneurs, Managers, & EmployeesTRIHADI PUDIAWAN ERHAN - erhan1202@yahoo.co.id -

Universitas Pembangunan JayaProgram Strata Satu

© February 2014

Feudalism

Feudalism

Business system in which one class of people, aristocrats, possess property rights to all valuable

resources, including people

Feudalism

Prince & PrincessDuke & Duchess

Marquess & Marchioness

Ear & Countess

Viscount & Viscountess

Baron & Baroness

Baronet & Lady

Knight & Lady

Commoners

KING & QUEEN

Feudalism

PropertyRights

Land

Capital

Enterprise

Labor

Feudalism

Barter Money Capital

Mercantilism

Business system in which merchants and bankers organize the trade of products

across markets and countries until they are put to their most valued use

Mecantilism

Mecantilism

Mecantilism

Mecantilism

CRAFTS PEOPLEWorkers or artisans with the skills to produce higher-quality goods and services

CRAFT GUILDA grroup of skilled artisans organized to control and govern different aspects of its trade

Industrial Revolution

The era in the eighteenth and nineteenth centuries that marked improved production

and trade brought about by advances in technology

Capitalism

Capitalism

Business system in which capitalist or industrialist privately own the physical

capital of industrial production and use it to produce, trade and distribute products

Capitalism

UpperMiddle Class

LowerMiddle Class

Working Classand Proletariat

Form of Business

Forms of Business

Clans, Tribes, and Slavery

Joint-Stock Companies

Limited-Liability Companies

Multinational Companies

Conclusions

History of World’s RichestCentury Name Occupation Source of Wealth

10th Basil II Ruler Silk Monopolies, Land Confiscation

10th Machmuf of Ghazni Ruler Slave Trading11th Al-Mustansir Ruler Trade11th Suryavarman II Ruler Import - Export11th Tenkaminen Ruler Import - Export12th Enrico Dandolo Ruler Trade, Plundering

13th Filippo di Amedeo de Peruzzi Banker Sales, Money Lending

14th Mansa Musa I Ruler Trading Gold14th Jasques Coeur Banker Wheeling-Dealing14th Cosimo de Medici Merchant & Banker Catholic Church15th Jakob Fugger II Banker Money Management15th Atahualpa Ruler Mining15th Sir Thomas Gresham Merchant Multiple Business15th Shah Abbas Ruler Silk Monopolies

History of World’s RichestCentury Name Occupation Source of Wealth

17th Yadoya Tatsugoro Merchant Trading in silk & rice

17th John Law Banker Banks & Stocks

18th Richard Arkwright Inventor & Industrialist Cotton Mills

18th Stephen Girard Banker Money Lending

18th Nathan Rothschild Banker Stock Market

18th Wu Bingjian Merchant Import - Export & Money Lending

18th John Jacob Astor Merchant Furs, real estate

History of World’s RichestCentury Name Occupation Source of Wealth

19th Cornelius Vanderbilt Shipper Boats & Railroads

19th Hetty Green Investor Financial Market

20th Andrew Carnegie Industrialist Steel

20th John D. Rockefeller Industrialist Oil Refining

20th Don Simon Iturbi Patino Miner Tinfoil

20th Calouste Gulbenkian Miner Royalties

20th J. Paul Getty Miner Oil Drilling

20th - 21st Bill Gates Innovator Microsoft

WHO’S NEXT?

History of World’s Richest

The key to todays business is innovation....

History of World’s Richest

Look what happened to those who ignore innovation

© February 2014

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