Politics of leadership in a global economy - Free Essay Example

Sample details Pages: 9 Words: 2589 Downloads: 10 Date added: 2017/06/26 Category Economics Essay Type Analytical essay Did you like this example? The main objective of this paper is 2008 annual report analysis of Mc Graw-Hill companies. Education segment, information Media and financial services are operated by Mc Graw-Hill companies. Annual report cover page photo describes their three business segments with motivation quote that is Managing for today // Preparing for tomorrow. Don’t waste time! Our writers will create an original "Politics of leadership in a global economy" essay for you Create order CEO letter describes their business segments mission, vision past performance, future prospects, products and customers and causes to decline profits, strategies for generating effective results and what changes they are going to achieving goals. Annual report well organized with some photographs, these photographs says importance of their business segments and how these segments helpful to people. Balance sheet shows financial health and operating performance of company. Its includes amount of profits and cash flows, these are related to stockholders equity, resources and revenue. In balance sheet they are clearly mentioned their profits, liabilities, assets. Stockholders creditors debtors stakeholders employees customers everybody can understand balance sheet very easily. Shareholders earned $2.51 per share in year 2008. Company returned over $5.5 billion to share holders since 1996. Management team discussed company issues, strategies and medical dental and life insurance benefits for retired employees. Management discussions also included considerable amount of information about company future and each segment achievements. Company internal accounting staff produced all financial statements in a good manner. These financial statements audited by their internal auditors. Finally annual report briefly says financial condition, performance, and strategies. OVERVIEW The McGraw-Hill Companies Founded by James H. Mc Graw and John A. Hill. James H. Mc Graw began working in publishing in 1884. At the same time co-founder John A. Hill was working as an editor at locomotive engineer. These two persons started their own publications under the headings of Mc Graw publishing companyandHill Publication Company in 1902. The two men crossed the path over the years and their mutual interest in science and technology. These two book departments of two publishing companies merged to form the Mc Graw-Hill Company in year 1909. Mc Graw-Hill Companies operates three leading business segments across the 40 countries. Those are financial services, education and information and media. The corporation offers an array of trusted, market leading brands that address three enduring global needs the need for capital, the need for knowledge and the need for transparency. Mc Graw-Hill Corporation has more than 280 offices across the world. Sales in 2008 were $6.4 billion. From traditional learning materials to online learning solutions, Mc Graw Hill education is a leader across the education market. The company and its educational publishing segment continued to expand their branches across the world since 20th century. It has offices in 33 countries and it publishes in more than 60 different languages throughout the world. Poors publication company established in 1860. In 1906 standard statistics bureau was formed to provide past unavailable financial data on United states companies. In 1941 poor publishing standard statistics companies merged to form standard poors corporation. Mc Graw-hill companies Inc. acquired standard poors in year 1966.. The Financial Services consists of two operating groups, Credit Market Services and Investment Services. KEY IDEAS McGraw-Hill higher education partners with The NewYork times to add timely, Relevant and real world content to textbooks and related web sites to provide more Information, value and service to professors and students. In 1950s education segment started to provide modern information technology at the K-12 levels in United States of America and Canada. McGraw-Hill collaborates with different kind of companies across the World. They are committed to reaching open markets wherever it may be. They are driving a new digital evolution and, they are dedicated to developing and retaining the right talent to lead this process. They are recognizing the development and integration of the latest technologies and products into our already content- rich information structure is a way to create and deliver immediate results for our customers throughout the world. The most success key factor of McGraw-Hill Companies is, they are leveraging new technologies to create new solutions. Mc Graw- Hill professional talent is their most valuable resource. It enables them to be a market leader and provides highly valued services and information to the world. Therefore, they are invites exceptional individuals to make a difference with a company that sets the standard for excellence and helps the open markets of the world perform to their potential. Standard Poors investment advisory group was created solely to provide independent, objective analysis and advice to the investment management and advisory marketplace. Clients receive portfolio strategy, fund research and asset allocation services encompassing the wide range of Standard Poors analysis and tools, including our ranking methodologies. Finally, Standard Poors provides the analysis research and advice that help make clients feel more confident about their investment decisions. PERSPECTIVE An Annual Report provides a detailed look at the financial results for the prior twelve months of operations. Reporting requirements vary by country, but Mc Graw-Hill annual report includes: Chairmans Statement, Income Statement, Cash Flow Statement, Balance Sheet, Notes to the Accounts, Auditors Report and comparisons charts for last 10 years financial reports. My initial impression about this annual report is they are explained honestly about their financial statements. In CEO letter he said very clearly about profits and losses. He covers in letter reasons to decline profits compared to prior year and future strategies to overcome these bad days. I Mcgraw Hill 2008 annual report was really helpful for the people to know the current status of operations and financial status. While my reading of this report I was impressed about way of presenting financial report and first page of report displays 2008 financial status with photographs. They are clearly explained company oper ated sales compared with prior year. It has explained the best reasons behind the success. Financial report is well organized and the report divided into sections, as 10 year summary, stock performance graph, statement of income, statement of cash flow, balance sheet, statement of shareholders. So, it is easy to find the required information. Organization of this report make it is to read everyone. CEOs letter is appropriately balanced with graphs and photographs which is related to the text. It shows last ten years revenues, cash generated by operations and cash returned to share holders. The body of the CEO letter is clearly written with confident tone. I believe this is appropriate letter to target audience. In Annual report they didnt balance the text with graphs, photographs. But they are used so many tables for explaining financial conditions with balance sheet, share holders equity and cash flow etc. They have to use more graphs and photographs in report. Comparison tables show financial status of last two years. I think comparisons charts average reader can understand easily McGraw Hill financial information. In my point of view annual report they are organized very well. It contains very important information about the company. Data useful for everybody like customers, shareholders, stakeholders, employees. Students also can learn so many things from this by studying annual report. I learned some important things about companys annual reports from this project. Main thing I knew how to prepare balance sheet for the company. In annual report the main portion is management discussions; it shows companys future plans to get effective results. Average reader also can understand the Mc Graw-hill 2008 annual report. LEVEL 1 ANALYSYS McGraw-Hill Education revenue and operating profit declined 17.2% and 70.1%, respectively, primarily due to softness at School Education Group partially offset by an increase in revenue at Higher Education. In 2008, revenue and operating profit decreased due to declines at the Financial Services and the McGraw-Hill Education segments. COMPARISON TABLE OF FINANCIAL REVIEWS 2008 2007 Operating Results by Segment and Income Statistics Revenue McGraw-Hill Education $2,638,893 $2,705,831 Financial Services 2,654,287 3,046,229 Information Media 1,061,875 1,020,221 Total Revenue 6,355,055 6,772,281 Operating Profit McGraw-Hill Education 316,454 399,990 Financial Services 1,055,427 1,359,477 Information Media 92,051 63,467 Operating Profit 1,463,932 1,822,934 General corporate (expense)/income (109,122) (159,821) Interest expense net (75,624) (40,581) Income from Continuing Operational Before 1,279,186 1,622,532 Income Tax Provision for taxes on income 479,695 608,973 Income from Continuing Operations Before 799,491 1,013,559 Extraordinary Item and Cumulative Adjustment Discontinued Operations: Net (loss)/earnings from discontinued operations Income before Extraordinary Item and Cumulative 799,491 1,013,559 Adjustment Early extinguishment of debt.net of tax Cumulative effect on prior years of changes in accounting Net Income $ 799,491 $1,013,559 Basic Earnings per Share Income from continuing operations before extraordinary $ 2.53 $ 3.01 Item and cumulative adjustment Discontinued operations Income before extraordinary item and cumulative adjustment $ 2.53 $ 3.01 Extraordinary item and cumulative adjustment Net income Diluted Earnings per Share Income from continuing operations before extraordinary item $ 2.51 $ 2.94 And cumulative adjustment Discontinued operations Income before extraordinary item and cumulative adjustment $ 2.51 $ 2.94 Extraordinary item and cumulative adjustment Net income $ 2.51 $ 2.94 Dividends per share of common stock $ 0.88 $ 0.82 Operating Statistics Return on average shareholders equity 55.3% 47.3% Income from continuing operations before taxes as a percent 20.1% 24.0% Of revenue Income before extraordinary item and cumulative adjustment 12.6% 15.0% As a percent of revenue Balance Sheet Data Working capital $ (227,980) $ (314,558) Total assets $6,080,142 $6,391,376 Total debt $1,267,633 $1,197,447 Shareholders equity $1,282,336 $1,606,650 Number of Employees 21,649 21,171 I observed financial reviews of last two years in above table. It shows everything about Mc Graw-hills financial department. In 2008 everything slightly declined compared to prior year, because everybody knows last year will long be remembered as one of the most difficult year that every company has faced problems due to financial recession effect. Financial reviews representing the company financial health and operating performance. Mc Graw-hill company Balance sheet dated as of 31st December 2008. I noticed that its providing comparable figures of 31st December 2007. This comparisons was helped me a lot to analyzing the information about company financial status. I think previous years results also essential for understanding and analyzing the information. Revenue for Education segmen t in 2008 decreased by 2.5% to $2.6 billion compared to prior year. School Education group revenue declined by 5.4% to $1.4 billion in 2008. Higher education group revenue increased by 0.9% to $1.3 billion Basic earnings per share 48 cents decreased in 2008 compared to the 2007. Standard Poors Credit Market Services providing important data and global standards about company that help investors to access capital and foster economic growth. SP is the global leader in credit ratings in 2008. SP was published more than 1 million new and revised ratings and rated approximately $2.8 trillion in new debt. 22.5% of total revenue declined in 2008 compared to the last year. Assets of Mc Graw-hills decreased in year 2008 at the same time liabilities increased, operating profit and revenue as well. These things are not a problem for this company. I think it can easily recover as soon as possible. McGraw-Hill Education International includes businesses in Asia, Australia, Canada, Europe, In dia, and Latin America. More than half of McGraw-Hill Educations revenues come from its School Education Group, the remainder comes from its Higher Education, Professional, and International Group. They are decided to make progress in construction. The electronic delivery of their information is a critical part of the transition and is continuing to produce an increasing share of McGraw-Hill Constructions revenue. Finally In my point of view current environment, Mc Graw-hills remain focused on managing costs and Maintaining liquidity and increased efficiency and reduced redundancies in 2008 and its providing quality of Education for International Students and providing good financial services right time to right company. RESEARCH FINDINGS In early periods (starting stage) Mc Graw-Hill Company focused on developing of different specialties business, management and social sciences, adding to its core strengths in engineering and medical. McGraw-Hill publications built on more than 100 years ago. Innovation, trust and leadership were helped them to their extraordinary success in publication industry. The McGraw-Hill Education segment is one of the premier educational publishers. This segment operates two groups, that is School Education Group and Higher education group. Elementary and high school market comes under school education group and college and university, professional and educational market comes under higher education group. Its resources are delivered across a wide range of print and digital platforms to benefit students, educators and professionals at all levels of learning. in 2008. Financial Services segment operates under the Standard Poors brand. Financial segment provides services to different kind of corporations, such as governments, financial institutions, investment managers and advisors globally. It serves based on interest rates, credit quality and investor confidence The corporation is applying for Leadership Energy and Environmental Design certification, a nationally recognized benchmark for high-performance green buildings, for its higher-education offices. By 2010, the value of the residential green building marketplace is expected to boost its market share from $7.4 billion and 2 percent of housing starts in 2006 to $19 billion to $38 billion and 5 to 10 percent of residential construction activity, according to a National Association of Home Builders survey. While McGraw-Hill and others say green building is good business, in growing green consciousness of the consumer, marketing experts say promoting green building is even better business. The major findings in the study included Green healthcare facilities reduce energy use, thus reducing green house gasses and improving air quality. 47% of respondents said that patient recovery time is reduced in green building other benefits include lower operating costs, greater innovation and public relations benefits. The survey clearly shows that there is an increasing trend toward building green healthcare facilities. Of the survey respondents, 19% said they expect that their organization will be significantly involved with green building in 2008. LEVEL 2 ANALYSIS They are focusing on three core values in education field; those are innovation, success and learning, customer focus. They are constantly looking at new ways to improve learning and help people become more productive and efficient in rapidly changing markets. They are focused on helping students of all ages succeed with their proven solutions. They are committed to providing superior customer service and providing solutions to meet every teaching and learning need. McGraw-Hill Education is an innovative global leader in high-quality teaching and learning solutions.  Ãƒâ€šÃ‚   They are helping to improve the worlds prospects by providing individuals vital knowledge to enable them to reach their full potential.   McGraw-Hill Education is where the world learns to succeed. Standard Poors, the worlds foremost provider of financial market intelligence, provides rigorous, independent analysis, and information on stocks, bonds, mutual funds and many other complex inv estment vehicles. The critical thinking, opinions, news and data offered by Standard Poors are an integral part of the global financial infrastructure. The companys Education segment, while not as profitable as SP, enjoys the bulk of a moderately lucrative $800 million textbook publishing industry. With high school and college enrollment rates increasing, McGraw-Hill stands to benefit from long-term societal trends toward higher education, though it is subject to short-term changes in state-wide book adoption rates. The Financial Services segment through Standard Poors credit rating service 41% market share and the Education segment through McGraw-Hills educational publishing of textbooks 35% market share. Education segment McGraw-Hills most profitable segment, Financial Services, enjoys several tailwinds and competitive advantages through its operations as Standard Poors, including increasingly large and complex worldwide capital markets in which market participants demand trusted, reliable, distilled information and ratings on trillions of dollars worth of securities and financial obligation. CONCLUSION The management team constantly finds innovative ways to satisfy the customers. The McGraw-Hill Companies Reports 2008 Earnings Per Share of $2.51, Including $0.14 Restructuring Charge McGraw-hill returned over $5.5 billion to the shareholders since 1996, I think thats pretty good. McGraw-hills 52 week low were $17.15 per share and 52 week high was $37.96. Currently, McGraw-Hills share is worth $25.21 which shows that it is closer to its 52 week high. The reasons to buy the McGraw hill shares, its a one stop shop to understand the company and we can Identify prospective partners and suppliers with key data on their businesses and locations. So I would like to buy shares of McGraw-hills companies and also I am recommending others, who is going to invest money in stock market.

The Career Path For Criminology - 920 Words

All of my life I thought I would be a teacher. My parents and sister are teachers and when I went to college many years ago, I was training to be a teacher as well. I thought that was the only path for me. After taking Sigi3, I realized that I could choose a different path. One of the career paths recommended in my Sigi3 results was Criminology. Reading the job description for criminology I was intrigued and wanted to learn more. I have always enjoyed the study of human nature and I am a strong proponent of justice. After much research, I believe that criminology is a career that I would enjoy because it allows me to fulfill my passion for uncovering the truth and sharing that information with others to affect change. Criminology is the scientific study of nature, extent, cause, consequences, and prevention of criminal behavior, both on the individual and social levels (Wikipedia). Sociology is the Meta Major, or umbrella, that criminology falls under. In the past criminology was believed to be the exclusive domain of law enforcement, however, as Timothy Roufa says in his article Criminal Justice and Criminology Careers, â€Å"The truth, though, is that popular understanding of criminology is much deeper, far more encompassing and much harder to pin to any one subject or industry. As a result, one can find a criminological component to nearly every degree program or career specialty out there† (Roufa). Criminology is actually the study of crime; its causes and prevention. ThisShow MoreRelatedAfrican American Criminal Justice Graduates in the Real World715 Words   |  3 PagesDoes obtaining a degree in a particular field grantee you a successful career within that field? As for African Ame ricans, will most criminal justice graduates have a career in their field of study post graduation? How long will it take to achieve a career in the criminal justice field? The theme of this research is to examine the advantages of obtaining a criminal justice degree and how effective it is within individuals’ careers within the field of criminal justice. Through this research readers willRead MoreAn Opportunity At The 4 + 1 Program878 Words   |  4 PagesAn Opportunity in the 4+1 Program In reality, each person decides their destination, whether they want to take the path of success or not. I have decided to take the path that I perceive to be correct in life ever since I was a little kid, who was starting to understand about life, until now. I started developing my career goal since I was a teenager in middle school. As time passes, my goals have changed from wanting to be a police officer, to now striving to be a judge. My family has been veryRead MoreThe And Tenets Of Life Course Criminology1587 Words   |  7 Pagesas one way to understand and explain this complex issue. Life-course criminology (often referred to as DLC) emerged from this perspective as a way to help explain age in relation to crime. The purpose of this proposal is to highlight the key areas of life-course criminology and outline how they reveal the value of the theory for research purposes. These key areas of interest are the genesis and tenets of life-course criminology, its key contributo rs and critics, and how both of these parties haveRead MoreThe Honor Roll Award : The Outstanding Achievement Award1673 Words   |  7 Pagesproved to be more difficult. It finally dawned on me that I’d never taken time to discover my own personal interests. I had always been more focused on short-term success and worried about impressing others. Now that I had to choose my potential career path, I had absolutely no idea where to begin. I ended up seeking help from the one person I’d least expect. My mother. My mom has never attempted to go to college. Back in her day you could secure a decent paying job with very little schooling.Read MoreA Career in Criminal Justice1213 Words   |  5 Pagesstill to this day increasingly intertwine in with promotions and payment increases for police employees. And to this present day, many criminal justice programs continue to be classified under professional education and usually prepare graduates for careers in law enforcement. Four-year and graduate degree programs frequently are offered by the sociology or social science departments of colleges and universities, and these programs are commonly more liberal-arts focused on, predominantly the corrections-focusedRead MorePSY 305 Week 1 Exploring Psychology Careers Essay1141 Words   |  5 Pagesï » ¿ Exploring Psychology Careers Sara M. Covey PSY 305 February 6, 2015 Dr. Sheila Rapa Exploring Psychology Careers Everyone who decides to enroll in college must, at some point, think about what area they want to major in. There are many things that students consider when choosing a major. Some make their decision based on what they think can make them the most money once they begin their lives in the work force. However, many students believe that if you choose a major that interestsRead MoreIn The 2002 Film Catch Me If You Can, We Follow Frank Abagnale1228 Words   |  5 Pageslifestyle he follows a conventional way of living. The film is based on the actual criminal life of Frank Abagnale with some fictional parts putin to create a more engaging movie. White collar crime, social bond theory, and life course criminology are concepts of criminology exemplified throughout the film. White collar crime is exemplified in the film Catch Me If You Can. According to the definition set by Sutherland and agreed upon by Lynch, McGurrin, and Fenwick, white collar crime is â€Å"a crime committedRead MoreEssay about Criminal Justice Internship1129 Words   |  5 Pagesexceptional understanding of fact and theory pertaining to the field of criminal justice. Courses such as Criminology 262 and the Fundamentals of Criminal Law 264 contributed to the personal triumph gained from involvement in the internship program and allowed individual strengths and weaknesses to arise. Criminology 262 is a core criminal justice class at Sam Houston State University. Criminology itself is the systematic study of the nature, extent, etiology and control of lawbreaking behavior. TheRead More criminal justice internship Essay1122 Words   |  5 Pagesunderstanding of fact and theory pertaining to the field of criminal justice. Courses such as Criminology 262 and the Fundamentals of Criminal Law 264 contributed to the personal triumph gained from involvement in the internship program and allowed individual strengths and weaknesses to arise. nbsp;nbsp;nbsp;nbsp;nbsp;Criminology 262 is a core criminal justice class at Sam Houston State University. Criminology itself is the systematic study of the nature, extent, etiology and control of lawbreakingRead MoreThe Importance Of Becoming A Forensic Psychologist1218 Words   |  5 Pagestheir future. Every minute of every day is spent trying to become better equipped, whether it be voluntary or an instinct. Picking a career is just one example of an aspect in life that is heavily dependent on choices throughout life. Decisions about what courses to take, what college to attend, what major to pick, where to live after graduation, all depend on the career a person is pursuing. For someone who desires to enter the department of forensic psychology, certain steps must be taken. It is essential

Articles of Partnership Free Essays

ARTICLES OF PARTNERSHIP OF TONCLINTX PASTRY PRODUCT And T-SHIRT PRINTING SERVICES Know all men by these presents: That we, all of whom are citizens and residents of the Philippines and of legal age, do hereby voluntarily associate ourselves to form a general partnership in accordance with the laws of the Philippines, and we hereby certify: ARTICLE I That the name of our general partnership shall be TONCLINTX PASTRY PRODUCT and T-SHIRT PRINTING SERVICES. ARTICLE II That the principal place of our partnership shall be in Sta. Cruz Laguna, Philippines. We will write a custom essay sample on Articles of Partnership or any similar topic only for you Order Now ARTICLE III That our partnership shall exist for a period of three (3) months from the time of registration in the Dean’s Office of the College of Computer Studies. ARTICLE IV That the purpose of the partnership shall be the following: 1. To deal in the business of giving the service of T-shirt design and printing together with sales of pastry products. 2. To import such kind of service after complying with existing laws and regulations. 3. To enter into such other contracts or do such other acts as may be demanded by the needs of the business. ARTICLE V That the general partners of our partnership shall be the following: 1. Jhean Laurence SimanFilipino149 Sitio Huwaran Brgy. Pagsawitan Sta. Cruz Laguna 2. Kristine SumaguiFilipino098 Sitio Talon, Brgy. Sta. Clara Sur Pila Laguna 3. Nico Paolo CatalanFilipino6781 Sitio 4 Brgy. Oogong, Sta, Cruz, Laguna 4. Joy Clinton BabaanFilipinoBeverly Hills, St. Maceda Subd. Brgy. Pinagsanjan, Pagsanjan Laguna Hereby approved by: CANDELARIA SILVANIA FLORENCIA SUMAGUE YOLANDA CATALANN ______________ ______________________ __________________________________ Parent of Parent of Parent of Parent of Ear Anthony B. Silvania Kristine Sumagui Nico Paolo CatalanJoy Clinton Babaan How to cite Articles of Partnership, Papers

Bill Gates Essay Free Example For Students

Bill Gates Essay Free Bill GatesWhen one thinks of computer software, one must think of Microsoft. Infact if you use a computer, chances are that you will have some type of programon there that is developed by Microsoft. The CEO, chairman, cofounder, andowner of 147 billion shares of Microsoft is Bill Gates. William Henry Gates III was born in the midst of a scenic Seattle onThursday, October 28, 1995 to his parents Mary and William Henry Gates Jr. Hischildhood was uneventful and was well raised. He went to Sunday school at theCongregational church and sang in the choir. He was a Boy Scout but nevershowed interest for either of these activities. Gates was an unusual child whospent long periods in his room in deep thought. He loved science and showedgreat skill in the area of math. In fact he scored a perfect on the mathsection of the SAT. His high school English teacher Anne Stephens was amazed atGates memory. She commented on how Gates had remembered a 3-page soliloquy fora school play in one reading. He read often, tried to take up the trombone, hadno interest in philosophy but rather thought of himself as a scientist. Hisscience teacher, William Dougall, remembers if the teacher wasnt going fastenough, Bill always seemed on the verge of saying, But thats obvious.' Gatesonce said to a teacher that some day he would be a millionaire. A grosslyunderestimated statement. Today Gates is one of the richest men in the world. We will write a custom essay on Bill Gates Free specifically for you for only $16.38 $13.9/page Order now In the fall of 1968, Bill Gates was entering the 8th grade at lakeside School,and his best friend Paul Allen, entered the 10th grade. Lakeside invested $3,000into a Teletype machine which could connect to the business computer via a phoneline. When the computer courses began in January 1969, both Gates and Allendiscovered their passion for programming. Since very few teachers knew anythingabout computers, the boys taught themselves with every manual they could gettheir hands on. Some days both would cut gym to gain extra time on the terminal. Gates first program was a ticktacktoe game. Gates and Allen would soon berestricted to time on the terminal because the schools electric bill was everincreasing. In a long series of mishaps Gates and Allen would soon beprogramming away at Lakeside. The math teacher that had been assigned to doclass scheduling, manually, died in an airplane accident. Gates and Allen wereoffered $2,400 worth of computer time in exchange for a class scheduling program. The boys (Gates now 16 and Allen already graduating high school) worked day andnight. Gates soon found out that he could put himself in an all girls classesin every period. Soon Gates and Allen would found a company called Traf-O-Data. The two made a program that would regulate traffic data generated by the grayboxes on Seattle streets. After entering Harvard with a major in law, Gates andAllen contemplated the idea of starting a company. Their vision soon expandedinto the multi-billion dollar empire. Gates is to the software what Edison wasto the light bulb- part innovator, part entrepreneur, part salesman and full-time genius. Gates is the Edison of software. If it wasnt for him wewouldnt have Windows 95, Winword, Microsoft Internet Explorer, or countlessothers.In August, 24, 1995, Microsoft announces the availability of MicrosoftWindows 95, worldwide. This new operating system would change the worlds viewof computers drastically. The computer would become a toy and using it would bemuch easier than before. Four days after the release, Microsoft announces thatit estimates that more than 1 million copies of Microsoft Windows 95 wereobtained by customers at retail stores in North America. By October, 17, 1995,7 mil lion copies were purchased. That means at least 7 million people werebecoming more computer literate. Although the practices of Microsoft have beeninvestigated by the Justice Department for monopolistic practices, it has beenthe leading company for new ventures. On November 20, 1995, Microsoft announcedthat MSN: The Microsoft Network, has enrolled more than 525,000 members in itsfirst three months of service. With the majority of members using MSNs fullInternet access, this makes it one of the largest Internet service providers. .uf2a0428dac11b6176cdf387d5be538d2 , .uf2a0428dac11b6176cdf387d5be538d2 .postImageUrl , .uf2a0428dac11b6176cdf387d5be538d2 .centered-text-area { min-height: 80px; position: relative; } .uf2a0428dac11b6176cdf387d5be538d2 , .uf2a0428dac11b6176cdf387d5be538d2:hover , .uf2a0428dac11b6176cdf387d5be538d2:visited , .uf2a0428dac11b6176cdf387d5be538d2:active { border:0!important; } .uf2a0428dac11b6176cdf387d5be538d2 .clearfix:after { content: ""; display: table; clear: both; } .uf2a0428dac11b6176cdf387d5be538d2 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf2a0428dac11b6176cdf387d5be538d2:active , .uf2a0428dac11b6176cdf387d5be538d2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf2a0428dac11b6176cdf387d5be538d2 .centered-text-area { width: 100%; position: relative ; } .uf2a0428dac11b6176cdf387d5be538d2 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf2a0428dac11b6176cdf387d5be538d2 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf2a0428dac11b6176cdf387d5be538d2 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf2a0428dac11b6176cdf387d5be538d2:hover .ctaButton { background-color: #34495E!important; } .uf2a0428dac11b6176cdf387d5be538d2 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf2a0428dac11b6176cdf387d5be538d2 .uf2a0428dac11b6176cdf387d5be538d2-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf2a0428dac11b6176cdf387d5be538d2:after { content: ""; display: block; clear: both; } READ: Civil Disobedience EssayWith this development, half a million people were connect on-line and into thenew era of computers. Recently Microsoft as tried to eliminate Netscape, theleading developer of Internet exploration tools.I do not believe in this movethat Microsoft is trying to implement because smaller companies might have afresh outlook on the world than the weathered Microsoft. I consider Bill Gates a genius. I dont believe in his companiespractices like eating small software companies for lunch, but I do believe thatit has effected society as a whole. Gates vision of A personal computer onevery desk, in every home was the foundation of Microsoft and I believe shouldbe the foundation of the future. I predict that Microsoft will be the leadingsoftware developer going into the 21st century. I believe by the year 2005,that there will be a computer in every house and that Microsoft software will berunning on that computer. With Gates leadership, Microsoft is on a mission isto continually advance and improve software technology and they make it easierand more enjoyable for people to use software. That is The Gates Bill. Bibliography1. Microsoft History, Microsoft, http://library.microsoft.com/msinfo/mshist/histdoc.htm?2. William H. Gates: Chairman and Chief Executive Officer, Microsofthttp://www.microsoft.com/corpinfo/bill-g.htm3. Ichbiah, Daniel and Knepper, Susan L.. The making of Microsoft: HowBill Gates and His Team Created the Worlds Most Successful SoftwareCompany. Rockline, CA: Prima Publishing.