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History of microsoft company essay
History of microsoft company essay
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I chose Microsoft Corporation because I grew up seeing it flourish into the company it is now. Microsoft has had a tremendous impact internationally and Bill Gates, the founder of Microsoft, has also had a major impact on several global issues. In my paper I am going to discuss the history, mission, values, products and services, competitors and how they share the market, a brief overview of the foreign investments and an evaluation of the company’s SWOT analysis.
On September 22, 1994, Microsoft Corporation was established to be a technology company and go all the way back as far as 1975. Microsoft is the leading worldwide company for computer hardware, computer software, cloud services, mobile phones and gaming systems such as Xbox. Their
Having the freedom to make a difference and making sure employees find meaning in their work is important to Microsoft. They promote growth in mindset, individuals who are customer obsessed, workplace diversity and inclusion. The company knows where it is going and how they are going to get there. They are consistently focusing on reinventing productivity and business processes, building an intelligent cloud platform and creating creative personal computing.
From humble beginnings, inside of Bill Gates’ dorm room at Harvard, Microsoft became one of the biggest corporate success stories America has had in their history. It only took 35years for it to become one of the largest companies in the world. It operates in more than 60 different countries, offers a wide range of services and products. However, there are a few products that gained popularity amongst Microsoft’s customer base. They are the following products:
Windows: Microsoft’s best product yet, Windows. Although, some may predict it to die out, the operation system is doing well. At the time of the article windows 7 came out and they were getting ready for the overhaul of windows 8. Today, the latest version of windows, Windows 10, and seems to be their most successful version yet. Its running on 300 million devices and on track with meeting its goal on 1 billion by July
These companies include: Bixler, Italy who operates next generation telecommunications services based in IP networks, CMG (Computer Management Group) in London and does consulting, telecommunications and computing, Hutchison Global Communications Limited in Hong Kong they are also a private company that specializes in global communications and MEASAT Broadcast Network Systems Sdn. Bhd. in Malaysia, the company operates as a media and entertainment company and are mainly in Malaysia etc. While most foreign investors prefer to invest in dollar or euro denominated countries due risks associated with foreign currency, Microsoft has done an outstanding job allocating resources internationally making them this successful. In Chapter 7 of Mike Peng’s Global Business book there are strategies for financial companies to benefit from foreign exchange. For example: Strategic Hedging, this means companies can spread out their activities in different currency zones. This offset currency losses in certain areas through gains of other areas. Therefore, creating currency diversification. (Peng,
Microsoft has greatly impacted the State of Washington and has created an innovation powerhouse created by a man with a "impossible dream". Microsoft Corporation is one of the most well known and successful businesses in the state. Along with Boeing, and Amazon, Microsoft's value sits very high in the financial world. The founder, Bill Gates, worked very hard to rise to the challenge of competing with other technology companies. With all his hard work and effort he made his dream of success come true.
Microsoft is an American company that was founded by William Henry Gates III, as known as Bill Gates, and his his high school friend Paul Gardner Allen in 1975 April 4. But unluckily, Paul Allen resigned from Microsoft in 1983 after developing Hodgkin’s disease. In 1985 October 20, Microsoft released Microsoft window. It is the first original operating system. It is a graphical extension for MS-DOS. Even though, it’s not handy like nowadays Microsoft window. Then in 1990, Microsoft introduced Microsoft office, which is a bundle office productivity application with Microsoft Word and Microsoft excel. The Microsoft Word was the first application that could display italics. And the Microsoft Office would be available for free for all the PC World’s computer that is produce on that same year in November. In the 2000 February 17, Microsoft released Window 2000 operating system, and according to Microsoft it is the most safe operating system in the world at that time. But still, there are so many problems and glitches need to be fixed. Besides there are mutable computer viruses are made specially to attack Window 2000. Rush to gain back the sales. In the 2001 October 25 Window xp is available. The new operating system fix most of the problem. Although some of the user were still complaining the system that it will take your information, but in the 2007 January, there are 76% of people in the entire world are using the operating system.
Formed in 1975, Microsoft started by selling a BASIC interpreter which quickly established a reputation for excellence. As the popularity of Microsoft BASIC grew, other manufacturers adopted Microsoft BASIC's syntax to maintain compatibility with existing Microsoft BASIC implementations. Because of this feedback loop, Microsoft BASIC became a de facto standard, and the company cornered the market. Later, it tried (unsuccessfully) to extend their grip on the home computer market by designing the MSX home computer standard.
Microsoft is currently the largest company in the computer industry. With a market capitalization of $291 billion, Microsoft has built an empire by dominating software sales for personal computers. Stock growth over the past 25 years has increased by more than 30,000%. However, Microsoft’s growth has substantially decreased since the market collapse of 2001(Niemond 25 April 2007).
"Microsoft Corporation, is a multinational computer technology corporation with global annual revenue of US$44.28 billion and 71,553 employees in 102 countries as of July 2006. It develops, manufactures, licenses, and supports a wide range of software products for computing devices. Headquartered in Redmond, Washington, USA, its best selling products are the Microsoft Windows operating system and the Microsoft Office suite of productivity software, each of which has achieved near-ubiquity in the desktop computer market. Microsoft possesses footholds in other markets, with assets such as the MSNBC cable television network, the MSN Internet portal, and the Microsoft Encarta multimedia encyclopedia. The company also markets both computer hardware products such as the Microsoft mouse as well as home entertainment products such as the Xbox, Xbox 360 and MSN TV" ("Microsoft").
...ncome and increase in demand. Microsoft met another challenge from the rapid rate of new technology. Specially coming from competitor such as Apple, Google, IBM, AT&T corporation, and cable giant media ONE. The Internet also allowed for new growth, because companies can get their message out in second anywhere in the world. However, the management of Microsoft was able to fully utilize the skills, expertise, and wisdom of its employees to remain successful. Microsoft continues to be successful with its creativity and innovation by producing new product such as windows and Xbox. Management has shown diversity by employing 91000 people worldwide in over two-hundred countries. This cultural success has propelled Microsoft to the front of the technology world. This can be attributed to the efficiency and effectiveness.
Microsoft’s mission of placing a “PC running Microsoft software on every desk and in every home” drove their overall strategy early on. Depending on the business segment within Microsoft, one would see in place very different business models as the strategy for each line of business could vary. In the operating system (OS) segment, Microsoft initially brought in an existing product and modified this (MS-DOS) to work with the Intel microprocessor, which were the “brains” of the IBM PC. Microsoft partnered with IBM to provide the operating system for the IBM PC. In addition to developing Windows, Microsoft during this period was working to write applications for the Apple OS.
Microsoft is the leading and the largest Software Company in the world. Found by William Gates and Paul Allen in 1975 Microsoft has grown and become a multibillion company in only ten years. It all started with a great vision – “a computer on every desk and every home” - that seemed almost impossible at the time. Now Microsoft has over 44,000 employees in 60 countries, net income of $3.45 billion and revenue of 11.36 billion. Company dramatic growth and success was driven by development and marketing of operational systems and personal productivity applications software.
International investing is something that many investors find that they can benefit from for many reasons. Two of the main reasons why investors choose to invest in foreign markets are growth and diversification. Growth allows investors the potential to take advantage of new opportunities in foreign emerging markets. International markets can potentially offer opportunities that might not be available in the United States. Diversification allows investors to spread out their risk to different markets and foreign companies other than those just in the United States allowing them to potentially create larger returns on their investment as well as reducing risks. (U.S. Securities and Exchange Commission, 2012) While investing internationally can be a very lucrative and rewarding decision, there are also extra risks involved with investing internationally. One of the main risks that international investors encounter is foreign exchange risk also known as currency risk. Currency risk is a financial risk that is created by contact with unforeseen changes in the exchange rate between two currencies. These changes can cause unpredictable gains or losses when profits from investments are converted from a foreign currency to the United Stated dollar. There are precautions that can be taken by investors to potentially lower their risk of currency value fluctuations and other risk factors that are present in international investing. (Gibley, 2012)
In addition to helping protect our environment, Microsoft leads in using optimal use of resources, aligning with its core corporate strategies. Microsoft leadership takes part in industry, environmental groups advocating the computer the industry move to a broader range of operating environments with less use chiller thereby saving large amounts of power and capital expense and increase profit . These visions, strategic plan and decisions, not only protect the environments, but achieve a profit for stakeholders
And then there's Microsoft themselves. After Bill Gates handed over CEO to Steve Ballmer, all hell broke loose as humans raged about him. During the first twenty years of Microsoft, they were considered an evil monopolistic empire, destroying all competitors that came their way. Back then, if you wanted word processing software, you used Office. Want a computer o...
To conclude, Microsoft Company recognizes that external stakeholders are important in its success and long-term sustainability. Therefore, Microsoft’s mission and vision recognizes both customers and the society in its business. Customers determine success or failure of a company, therefore, Microsoft has engaged in the manufacture of products that meet customers’ needs, both locally and internationally. It is vital to work hand in hand with the government, creditors, shareholders, and suppliers to ensure sustainability and long-term benefits (Weiss, 2008).
What makes Windows so popular? Some say it is so user friendly. What exactly makes it so user friendly? An answer to that question could be that is has an incredible desktop environment with which almost any user can sit down and interact. More choices are available because, Linux is coming into the arena with some desktop environments that are just as user friendly as Windows. These will offer as much versatility if not more to allow for some great customization and installation of separate applications.
This is because Windows has an enormous amount of people using it. All hardware companies will want to be associated with Microsoft Windows because everyone will buy their products.
The foreign exchange market is one of important mechanism in the international business because foreign exchange is an intermediary for all nations in term of the growth of the economy. There are many functions of foreign exchange market in the global economy. In the international business, it uses the foreign exchange markets in four ways. First, the pay...